Tag Archives: Investment’

Unions’ New Way to Spin a Bailout: It’s a ‘Shared Investment’

Labor union leaders, after meeting with Obama administration officials at the White House Friday, expect some federal aid for the bankrupt city of Detroit — but insist it’s not a bailout.

Detroit Getting Fed Money, Labor Says, But its Not a Bailout

DETROIT, MI – SEPTEMBER 06: A man walks towards the sun set on September 6, 2013 in Detroit, Michigan. Detroit is struggling with over 78,000 abandoned homes across 140 square miles and 16% unemployment; in July, the city declared bankruptcy. Credit: Getty Images