‘Welcome To The Recovery’ – Collapse: Dying Detroit Looting Itself – Unemployment Estimated At Up To 50 % – Officials: More People In Poverty Than Cars On The Street – Capital Of Scrap

Welcome to the Recovery (New York Times, by Timothy Geithner, August 2, 2010)

Meet Obama’s 75,000 new jobs.

Coming to a city near you (soon).

This is the Greatest Depression.


YouTube (RT, Sep 04, 2011):

US car manufacturers received bailout money and are now reporting profits, but the financial recovery of America’s car makers is not filtering down to the streets of the country’s once-booming automotive capital. Detroit increasingly looks like a ghost town with its residents literally surviving on scraps, while once it was a city that symbolized America’s innovation and manufacturing might.

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