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TheDC Morning: Feds may have to bail out Detroit for a second time They have plans to display 26 American made cars atop a Detroit parking garage spelling out the words, "Let Detroit Go Bankrupt," the headline of Romney’s November 2008 New York Times Op-Ed in.
If Bowat’s been kept out of the loop for this long how will he have details to rat , it would be all second hand news . Not saying he was not a stepping stone the Feds used but it’s just unlikely, more likely that one of the Bronx skippers or someone close to the Bronx guys.
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But even core PCE inflation hit 2.0% in May for the first time since April 2012, in the bull’s eye of the Fed’s target (not rounded, thus giving a false sense of fake accuracy in very inaccurate data, the core PCE rate was 1.9553%): The Fed’s target of 2% inflation isn’t a minimum, but a target.
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Stymied by one last stalemate with the Bush administration, the Democratic Congress has released a scaled back auto industry bailout that would force Detroit to embrace more. the Women’s World Cup.
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D-Day for Detroit. Good Monday morning and welcome to The Huddle, where Detroit faces D-Day, New Orleans Republicans feel like it’s Mardi Gras in December, and Caroline remains a long shot in the Hillary Senate stakes. Votes on the auto bailout could come as soon as tomorrow, perhaps the final negotiation between the Democratic Congress.
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· Feds may have to bail out Detroit for a second time – If the federal government decides, in its finite wisdom, that poorly run states and municipalities do not deserve to sink or swim based on the electoral acumen of their residents (or lack thereof), and chooses instead to “bail out” bankrupt members of the American federation, there will be some irony in the decision. In Detroit, two.