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Everyone has the right to equal employment opportunities. Unfortunately a lot of people were denied jobs because they are different. An employer cannot discriminate against a worker due to their membership in a protected class. Characteristics of a protected class are:
On July 18, 2013, the City of Detroit filed for Chapter 9 Bankruptcy making it the largest municipal bankruptcy filing in U.S. history as measured by the amount of outstanding debt. Detroit is estimated to owe $18-$20 billion in debt over 10,000+ creditors, 100 discrete bond issuances and 50 labor bargaining units. Prior to the Detroit filing, Jefferson County, Alabama’s $4 billion filing in 2011 had been the largest municipal bankruptcy filing in the United States.
So where did things go so horribly wrong? The above video is the first in a three part series on the Detroit bankruptcy filing. Video #1 concentrates on The Economics of Failure. The video begins with an illustration of demographic trends for the following three major U.S. cities:
Dallas – People are solidly moving into Dallas due to limited taxes; limited benefits and reduced regulation;
Los Angeles – While the climate of Los Angeles still attracts people to the state, high state income tax and the most restrictive environment regulations in the country are driving many people out of the state of California;
Detroit – There is a massive population exodus from Detroit with virtually no immigration due to the city drowning in debt from more than 50 years of democratic mayors running the city. The video cites cronyism, incompetence and crime as some of the major contributors.
Can anything stop the new Galaxy S3 from working? In a CNET article written by Don Reisinger entitled:Samsung: Don’t blame the Galaxy S3 for burning up, Samsung announced that the Company’s recently released Galaxy S3 Smart Phone has been exonerated following an earlier report of the phone burning up.
Last month, an Ireland based forum poster reported that the phone was sitting in a “car mount when suddenly a white flame sparks and a bang came out of the phone” and that the device “burned from the inside out” and melted its case.
What we found to be more interesting than the reported fire problem was that the phone kept on working but had lost its signal. Could this be Samsung’s response to the Eveready Battery?
Samsung hired a third-party organization, Fire Investigations U.K., to inspect the damaged device. That investigation found that the trouble with the phone occurred only after the device had been exposed to an energy source which was used to heat the phone and ultimately caused the damage. The conclusion was that the phone had been placed in a microwave oven.
Our compliments to Galaxy and its new S3 for demonstrable durability and reliability!