FBC Cashin In July 28, 2013
I am eric boling. Welcome everybody. Do you remember this . We refuse to let detroit go bankrupt. I bet on americacanorkers and three years later that bet is paying off in a big way. Well, detroit went bankrupt despite the autobail outs. And lets look at what helped to bring down the mighty motown. It w the known 50s and 2 Million People livein detroit. Jobs were plentiful and the detroit economy was hot. Enter collective bargaining and union influence over free market capitalism. And 0. 19. 400,000 gm workers walked off and they got what they wanted. Huge wage hike. That single event sealed t...