I've been hearing about the auto layoffs for sometime, now I read
in Thursday's wall street journal that the highest foreclosure and bankrupcy rate in the nation(i'm writing this verbatim right off the article), is in the state of Michigan, and focused specifically on the cities of Detroit, the ENTIRE Detroit metro suburban area, Ann
Arbor, Saginaw, Jackson, Monroe County, and Holland. What the
hell is going on here? Why isn't this a bigger deal in the news?
I'm writing this from Chicago, and I barely here it mentioned in
national news stories.
I think this should be the biggest news story in the nation.Forget
the turmoil in the middle whatever, we have an entire state, the eighth-ranked in population(just over 10 million), essentially
out-of-work. Did the whole nation and corporate-political powers
that be decide to write the state off?
This is really bad, if what I'm hearing is true. And cities like chicago that are doing "okay" will be touched by this too
What's going on?
2006-09-24
09:01:51
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4 answers
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asked by
Anonymous