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Tag: Class Warfare

Don't Let The Billionaire Have His Way

By JGillman, Section News
Posted on Thu Sep 20, 2012 at 09:37:46 AM EST
Tags: Michigan, Snyder, Class Warfare, Billionaires are Evil, Half is MORE, Transparently Opaque, Canada, Parking Lots, Jobs (all tags)

Says the rich guy.

Michigan Governor Rick Snyder did a series of videos regarding the ballot initiatives we will see in November. Opining on issues one through six, Snyder makes a number of reasonable points, and its worth going through them to see where you might agree. Or not. The last proposal discussed is the DRIC, where he (the text says) says:

"If there's one proposal we've heard a lot about, it's Proposal Six.
On the surface, the issue is about the New International Trade Crossing - the new bridge to Canada. But if you dig deeper, you'll see that Proposal Six would have even more far-reaching consequences.
While the proposal is intended to protect one company's monopoly on truck crossings between Detroit and Canada, it was sloppily written and jeopardizes ANY bridge under construction today that won't be completed by January 1, 2012, or any bridge built thereafter."

It didn't have to be this way.

More and the video below the fold.

(7 comments, 584 words in story) Full Story

To The Head Of The Class.. Warfare

By JGillman, Section News
Posted on Fri Dec 03, 2010 at 09:20:21 AM EST
Tags: Jobs, Taxes, Michigan, DeVos, Illitch, Dominos, Dancing guy, Entrepreneurs, Wealth, Congress, Tax Hikes, Class Warfare (all tags)

Huh..

Rich people create jobs. To grow their income they either invest it in outside companies or perhaps their own, which will use the investment to expand, OR they will spend it on the types of products that require manufacture. Manufacturing itself requires the creation of jobs for the process. A manufacturer, or Value adding business must produce a product that is worth more than the sum of its ingredients, or it fails.

That is a good thing right? ..Why yes, it is..

Profits extracted from the process, are flipped back over in the manner described above.

Michigan manufacturers and business owners have created an incredible amount of wealth over the years. In that process there were a few folks who certainly have done well for themselves, including icons like Mike Illitch, Tom Monahan, Dick Devos, and Rick Snyder to name a few. These 'fat cats' have made it possible for a number of other entrepreneurs to find their road to riches as well.

Its kind of funny however, when politicians discuss these folks as if they are bad ones that need to be punished..

Below the fold we go!

(2 comments, 759 words in story) Full Story