Earlier this week the Obama administration, now the effective owner of the U.S. automobile industry, put Detroit on notice that it has 30-60 days to come up with a believable plan to “restructure” itself or it goes into bankruptcy.
While waiting to see just how much OPEC says it will cut production next week, and then a couple of months more to see how much they actually cut, the crisis of the week is Washington’s bail-out of Detroit.
America has dug itself into the deepest hole it has been in since 1860 when the dispute over slavery reached its zenith.
Trip to the Holy Land At the end of September, I returned from a nine-day trip to Israel, sponsored by the Jewish Community Relations Council of Greater Washington.
Wizards Vs. Orlando Magic, Verizon Center, Friday, Dec. 29, 7 p.m.