Tag Archives: bankruptcy

They want to bankrupt the blue states, and kill public unions, but, yes, let’s talk about the injection of Lysol

Toward the end of this past week, it became evident that the Republicans intended to use this horrific pandemic in order to force individual states into bankruptcy. Mitch McConnell, having worked to deliver hundreds of millions of our hard-earned tax dollars to corporations, said this past Wednesday that the states being hit hardest by COVID-19 […]

Posted in Health, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 123 Comments

Pondering the death of retail as Urban Outfitters leaves Ann Arbor

Earlier this evening, having just read that Gap was planning to close approximately 200 stores over the next three years, I heard from my friend Jean that Urban Outfitters had decided not to renew the downtown Ann Arbor space that they’ve held for the past several decades. While I don’t suppose it’s that terribly surprising, […]

Posted in Ann Arbor, Local Business, Marketing, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | 38 Comments

The debate over Ypsi’s proposed Water Street debt reduction millage

On August 2, voters living in the City of Ypsilanti will be asked to weigh in on a 2.3 mill tax that, if passed, would raise approximately $10,006,548 over the next 14 years in order to pay down debt related to the City’s purchase of 38 acres of riverfront property, referred to collectively as Water […]

Posted in Uncategorized, Ypsilanti | Also tagged , , , , , , , , , , , | 32 Comments

Wet Seal closes stores without notice, screws employees, gives CFO a $95,000 raise

With the holiday shopping season now behind us, the struggling clothing retailer Wet Seal made a move this weekend to quietly close several of their stores. They did so with practically no notice, leaving many of their long-time employees without jobs, and no way to pay their bills. These employees, understandably, are none too pleased. […]

Posted in Corporate Crime, Economics, Mark's Life, Uncategorized | Also tagged , , , , , , , , , , , , , , , , | 44 Comments

Everything you ever wanted to know about the Emergency Manager takeover of Michigan, and how we allowed it to happen

I had the good fortune a week or so ago to attend the Netroots Nation conference in Detroit. Among the people that I met while there was attorney Alec Gibbs, who, in recent years, has been keeping busy representing retired public employees left without adequate insurance in the wake of the Emergency Manager takeover of […]

Posted in Civil Liberties, Corporate Crime, Michigan, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 40 Comments

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