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"What's the difference between General Motors and California," or Chicago, New York or Los Angeles? Unlike GM, they haven't gone bankrupt so far, nor have they defaulted on their pension obligations. Given today's crisis, with troubled communities across America faltering, anything is possible anywhere anytime.
Stephen Lendman lives in Chicago and can be reached at Email address removed. Also visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.