Leid Stories Stories and news that affect us all

December 16, 2013  

Detroit’s Sham $18-Billion ‘Bankruptcy’ Gets A Forensic Audit

Snowden’s Stolen NSA Files Launched A $250-Million Business

 

The former chairman of Michigan’s Board of Accountancy (which certifies public accountants practicing in the state), had told Leid Stories on the eve of the Dec. 3 federal court decision granting Detroit’s filing for bankruptcy that the city’s financial balance sheet showing $18 billion in debt didn’t add up. The debt was grossly overstated and the city’s accounting practices were highly irregular, he said.

 

Barrow discusses Detroit’s fiscal future based on the debt-relief plan approved by the court.

 

In the wake of reports that NSA officials consider amnesty for Edward Snowden in return for the files he stole “a conversation worth having” comes a bombshell exposé that the 1.7 million classified documents already have launched a $250-million “checkbook journalism” business.

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December 13, 2013  

Mandela: A Reluctance to Tell the Whole Story

 

Media coverage and, therefore, public discourse about and opinion of Nelson Mandela, have neatly excised centuries of racist invasion, plunder and brutal subjugation of a people from the story of the heroic figure. We encounter Mandela at the near end of a cataclysmic era in South Africa, but certainly not unique to it. That history had been replicated all over the black world.

Leid Stories discusses the clear discomfort the media and shapers of opinion have in telling the whole story -- not the hurried, sanitized version that starts with “apartheid” and casts a centuries-old war for reclamation of indigenous natural rights essentially as a higher-octane version of the U.S. civil-rights struggle that ended with Mandela bringing about kumbaya “reconciliation” in 1994.

There is a reason they won’t tell the whole story.

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December 12, 2013  

Obama Discovers Ubuntu, Then Proves He Doesn’t Have It (Part 2)

 

We pick up from where we left off with yesterday’s presentation – a blow-by-blow analysis of President Obama’s speech at the Dec. 10 massive memorial service for the world-revered Nelson Mandela, attended by almost 100 heads of state and high-profile people and about 50,000 mourners who defied a steady rain at the First National Bank Stadium in Johannesburg.

Obama’s speech was a huge eye opener about the president himself – chiefly, his discomfort with his African identity; his revisionism of a people’s war against European invasion and supremacy and of ubuntu, the sociopolitical philosophy that kept the spirit of freedom burning throughout Africa; his outrageous proposition that Mandela benefited from being jailed for 27 years; and his intolerable insinuation that he has been trying to walk in Mandela’s path.

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December 11, 2013  

Obama Discovers Ubuntu, Then Proves He Just Doesn’t Have It


The quasi-preacher cadence and tone President Obama adopts when he believes he’s making history were in full effect yesterday at the massive memorial service for the world-revered Nelson Mandela. Obama’s 18-minute eulogy did its magic – not so much on the almost 100 heads of state and high-profile people (they are used to this sort of thing), but on the estimated 50,000 attendees who crammed the First National Bank Stadium in Johannesburg. The U.S. political rock star rocked ’em! – there, and all over the televised world.

Leid Stories disassembles Obama’s speech, a huge eye opener about the president himself – chiefly, his discomfort with his African identity; his revisionism of a people’s war against European invasion and supremacy and of ubuntu, the sociopolitical philosophy that kept the spirit of freedom burning throughout Africa; his outrageous claim that Mandela benefited from being imprisoned for 27 years because it helped him focus and think; and his intolerable insinuation that he has been trying to walk in Mandela’s path.

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December 10, 2013  

Step Up and State Your Case! It’s Open Forum on Leid Stories!

 

Opine, debate, theorize, refute, declare, comment, oppose, criticize, proclaim, defend – whatever your sentiments about news issues and events (or something entirely different), bring them to Open Forum, the gathering place for the exchange of information, opinions and ideas, and share them with the sharpest minds on the planet.

You get to take the conversation wherever you want it to go. But be prepared for very close questioning, immediate reaction and countervailing points of view – offered with great respect, of course. 

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December 9, 2013  

 Dr. Lester Spence – Johns Hopkins University

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December 6, 2013  

Leid Stories pays humble tribute to world citizen Nelson Rolihlahla Mandela, whose passing on Dec. 5 globally is mourned.

 

Historian and author Dr. Gerald Horne puts into contemporary perspective the impact of this exceptional leader on freedom struggles in emerging nations caught in the vise of Western imperialism.

 

Listeners call in and “sign” a “Book of Remembrance” with their heartfelt testimonials. 

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December 5, 2013  

Five Years Later, Obama Discovers the Race-Class-Equality Nexus

 

On friendly turf (the liberal-leaning Center for American Progress think tank in Washington, D.C.) yesterday, President Obama waxed philosophic about deeply entrenched social and economic problems that require legislative action and political prodding, especially from the affected groups.

Even as he ticked off a list of high-priority items yet to be dealt with by an uncooperative Congress, the cruel irony was lost on him that neither he nor the Democratic Party had much to show for the heavy investment those constituencies have made in them.

The president’s core points are excerpted from his speech, and listeners disassemble them, as only Leid Stories’ politically astute listeners can.

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December 4, 2013  

Detroit: Court OKs Bankruptcy; Now, Who Pays the Price?

 

A federal judge’s stunning decision yesterday gave Detroit the go-ahead to declare bankruptcy and restructure its contested $18 billion in debt with more than 100,000 creditors.

Chad Livengood, Capitol reporter for The Detroit News, discusses the implications of Judge Stephen Rhodes’ decision for state and local government, especially regarding steep cutbacks in public services and employment, and the security of workers’ pensions.  

Activist Elena Herrada reports on reverberations at ground level and a renewed determination by Detroiters to fight against what they regard as a hostile takeover of their city.

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December 3, 2013  

Have An Opinion Worth Sharing?  Bring It to Open Forum!

 

Express yourself about issues and events having inordinate impact on our lives. 


Share your thoughts and opinions on Open Forum, where astute thinkers gather to exchange information, opinions and ideas.

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