Oops i won't send through pay pal, there was an imposter and broke a lot of
folks bank accounts and credit cards. I had an experience sending a credit
card to pay for an annual fee, but the pay pal rescended it. So you see, I
will not ever use pay pal.. I hope you know that a Corporation in China owns
that? However I will send this note around to my friends, but will not go
along with pay pal as a way of paying. There is a lot of stuff on the internet
about this mess. Even Explorer had covered up their website, saying it had
been compromised. I hate to see you leave, I send you email you know. Maybe I
can help someway.
[EMAIL PROTECTED]
"MediaChannel.org" <[EMAIL PROTECTED]> wrote:
NEWS DISSECTOR May 16, 2007
Chrysler Reborn in Detroit's Decay: What Now?
Michigan and Media
DETROIT: "The New Chrysler" was everywhere. 4 pages of coverage in the
Detroit Free Press. It was all sell, sell, sell with the private equity firm
headed by former Bush Treasury Secretary John Snow pictured as a savior.
The press outlined the $7.4 BILLION dollar deal that gives Cerberus an 80%
stake. The company seems to have romanced the town and the unions with promises
of no more job cuts. Daimler will keep 20% of the new entity.
There was a front page corrective summed up in a headline: "Here's What We
Know: Anything Goes."
"Now we know who will be calling the shots," writes Tom Walsh. "We don't know
much about WHAT shots the new bosses will be calling." He notes that Cerberus
is in the business of generating 22% annual returns which means some sell off
of assets is likely. The company is known for buying undervalued companies, the
paper reports, slashing costs and selling for a profit.
Meanwhile, The DaimlerChrysler signs are still up at the vast Jefferson North
plant. To get there you drive through the wasteland of Detroit, a city which
never recovered from the riots of l967. You drive down Mack Avenue and count
the churches-I saw 17 in a rowand the liquor stores and block after block of
collapsing housing and empty lots. It looks worse that Sarajevo after the war.
The only bright spot is on a street called Heidelburg where a local artists has
created a n outdoor art exhibit among the ruins. Iw as happy to see that my old
digs at 186 East Grand Blvd-see yesterday's blog-is still standing amid the
rubble.
My salvation came from the two hours I spent with Grace Boggs, now 93, who
with her late husband James Boggs, an auto worker and theorist, was an
intellectual standard bearer of activism and ideology since the 1960's when
they moved into the home she still lives in on the East Side. When I arrived
she was counseling youth activists who are working with youth and organizing
The Allied media conference June 22-14 for community media. See www.amc2007.org
for more details.
Grace gave me a copy of the Michigab Citizen, a black newspaper with a front
page story about foreclosures, that's the issue I am working on with my film IN
DEBT WE TRUST. Detroit has the unhappy distinction of being the capital of
foreclosures, just one part of the economic misery.
Grace and I had a long ranging discussion about building community and
resisting the city's destruction with many projects of hope and renewal. I will
discuss this more since its late and I want to at least share some of the
highlights of my trip. To me Grace is legendary. like Rosa Parks, a venerable
movement intellectual with grace and spirit. She told me that Bill Moyers had
just been in her house which can pass for a movement museum for an interview
that will air June 1st. Don't miss it.
Another woman I admire was in town too, Amy Goodman. Actually she and I are
part of conference in Windsor, Ontario in Canada across the river, marking the
25th anniversary of the publication of Noam Chomky and Edward Herman's classic
"Manufacturing Consent." Amy gave an eloquent keynote which was well received
by one and all. I will be reporting in more detail but my eyes are closing and
and its getting late.
I closed out the night at the Tunnel BarBQ with the great Antonia Zerbisias
of the Toronto Star who is probably the only mainstream columnist covering this
event. She is a fount of knowledge about the Canadian media scene and one of
the few serious media analysts writing in the popular press. We will be on a
panel tomorrow.
We had a great night cap of conversation, cold beer and in my case apple pie.
Its now past the witching hour so I bid you adieu. Hopefully I will be back
tomorrow with more.
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