Thursday, June 18, 2009

Mass Retailer Exodus of Detroit, Michigan?

It's no secret that motor city has fallen on hard times, but it appears that the next shoe is dropping hard for the beleaguered city as major retailers are packing up and leaving Detroit, Michigan in droves. According to the Wall Street Journal, the last Borders in the city has finally closed its doors and there only four remaining Starbucks outlets in the entire city of Detroit.

The city's unemployment rate is well over 20%, with nearly a third of the city's citizens relying on a state sponsored food program.

Full Story:

Wall Street Journal

Wednesday, June 10, 2009

Today's Buzz - North Korea, Carrie Prefean and Holocaust Museum Shooting


North Korea Keeps Pushing It, International Sanctions


Following the sentencing of the two US journalists by North Korea and concrete threats against South Korean ships nearing North Korean coastline, the international community has finally stepped up sanctions against the rogue nation, part of a long line of attempts to settle the North Korean nuclear threat diplomatically. Dear Leader's appointment of his apparent heir is yet another cause of instability in the region. Full Story

Carrie Pretean Fired from Miss California

Carrie Pretean, the center of the much hyped media storm over some controversial comments, has officially lost her crown as Miss California. The questionable decision will no doubt thrust her back into the talk radio spotlight for the conservative media desperately seeking representatives less polarizing than figures like Cheney and Limbaugh. Here we go again... Full Story

Shooting at Holocaust Museum

An elderly white supremacist opened fire on visitors to the Holocaust Museum in Washington, DC today, killing a security guard and wounding others. The gunman, James W. von Brunn, had a reputation for being a conspiracy theorist and having issues with the federal government. Full Story

Monday, June 8, 2009

North Korea Bans Ships off Coast, Sentences Journalists to 12 Years

Following last weeks hostile weapons test, North Korea has continued to defy global standards for peace and common decency.

Two American journalists have been sentenced to 12 years of hard labor for illegally entering the country, which the state-run media of North Korea refers to as a "grave crime." The journalists, Laura Ling and Euna Lee, have been held since their arrest some three months ago and will be transferred to their prison within the next 10 days. Ling's sister, Lisa Ling, is known for her television journalism on the National Geographic's Explorer program. Although a handful of NGO's are exercising every possible route to secure the journalists release or a less sever sentence, North Korea does not have a court of appeals and the United States does not have diplomatic relations with the country's government.

According to Dongguk University's professor Kim Yong-hyun's statements to the Mercury News, it is likely that both of the journalists will eventually be released due to diplomatic pressures.

Further exacerbating tensions, the North Korean government has ordered all fishing and shipping vessels to avoid their coastline, a sign that suggests that they plan on testing further missiles some time in the near future.

http://www.mercurynews.com/ci_12544711?source=rss