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    Tag: Detroit

    $10+ Billion Dollars Leaves Michigan in Just One Year


    By Corinthian Scales, Section News
    Posted on Sat Jan 18, 2014 at 11:42:07 AM EST
    Tags: Money Walks - Bullsh!t Talks, Tax Hikes, Big Govt, Bloated Budgets, Amnesty, Common Core, A pair of Dicks, Snydercaid, Costly Energy, Slick Rick, Mr 36%, MEDC, Detroit, Bailouts, Transparency, Cronyism, Lying Liars, NERD Fund, Rich Baird, Any Dillon, Kevyn Orr, Obama donors, One Term Nerd (all tags)

    It has crossed my mind. If growing government is considered "a success" by an alleged Republican dominated state with every lever of power in Lansing, then WhyTF would I want to remain here just to be fleeced?

    Michigan's population is slowly rebounding, but millionaires may not be sticking around for the state's revival. [Where is the "revival"?]

    Despite encouraging economic trends and a booming stock market, the state had 10,000 fewer millionaire households in 2013 than 2012, the Phoenix Global Wealth Monitor estimated in a report released this week.

    Continued below the fold

    (3 comments, 364 words in story) Full Story

    Don't Bail Out Detroit


    By JGillman, Section News
    Posted on Thu Jan 16, 2014 at 10:19:48 AM EST
    Tags: Mackinac Center, Detroit, Bailouts, DIA, Taxes, Fiscal Malpractice (all tags)

    Apparently, there is a caveat to recent 'good news' for the DIA.

    Reposted from The Mackinac Center for Public Policy in time for Rick Snyder's State of the state address tonight:

    Don't Bail Out Detroit with State Tax Dollars

    By Michael Lafaive
    The recent announcement that philanthropic foundations may donate $330 million to help the Detroit Institute of Arts, which would also help city pensioners avoid the consequences of Detroit government mismanagement, sounds like great news.

    Unfortunately, there may be a hook: A requirement that the state treasury contribute, which would convert voluntary private generosity into a coerced taxpayer bailout.

    A state bailout of Detroit is a terrible idea. It creates moral hazard and adds to the overly generous financial support the city has for years received from state taxpayers.

    And it's unfair. ~ Continued below the fold

    (4 comments, 722 words in story) Full Story

    A Message To Our Legislators - Beware False Choices

    Soon We Will Know


    By JGillman, Section Multimedia
    Posted on Mon Dec 16, 2013 at 12:05:39 PM EST
    Tags: DIA, Kevyn Orr, Detroit, Priorities, Bankruptcy (all tags)

    Whether union pensions or the family jewels are more important,

    Christies is supposed to have a valuation of the city owned art for Detroit emergency manager Kevyn Orr this week.  

    This might be fun.

    (1 comment) Comments >>

    The Arcane Voice of Kerry '04 Granholm '06 and Obama '08 Doth Saith


    By Corinthian Scales, Section News
    Posted on Sun Dec 15, 2013 at 09:41:52 AM EST
    Tags: Twitiots, Postagegate, Biography, Dennis Lennox, Basket case vs. Closet case, RINO's, Progressives, Eugenics, Bill Milliken, John Kerry, Jennifer Granholm, B. Hussein Obama, EPA, Helen Milliken, Margret Sanger, Planned Parenthood, Ardesta, Abortion, Stem Cell Research, MEDC, Rick Snyder, The Flim-Flam Man, U of M cronies, Kevyn Orr, TARP, LIBOR scandal, Jones Day, NERD Fund, Rich Baird, Obama Donors, Detroit, Transparency, Michigan, Record Eagle, Editorials, Abuse Of Soy Ink, Fish Wrap, Damned Rules, RNC, Unapologetically Right, #WAR, Internet is Forever, Mr. 36%, One Term Nerd (all tags)

    The ongoing bleat from the lunatic of many convictions, presented without further delay, the entrenched homophile Twitiot.

    Former #Michigan Gov. William Milliken joins Gov. @OneToughNerd in condemning #RNC's Dave Agema record-eagle.com/opinion/x12212... #MIGOP #GOP #MIGov

    Some reminders of history, lest they be repeated, obviously need reflection:

    1969-1982:  William G. Milliken.  Thirteen years in Office.  Environmental extremist.  Chummy chum chum's with perhaps the most corrupt Mayor of Detroit ever.  But, it was smart of 'ol milquetoast Willy, that was his voting base.  Kerry backer... Granholm backer... Obama backer... As Paul Ryan would say about Newt Gingrich, "With friends like him..."  How this twaddling old tool still keeps calling himself a Republican is beyond disgusting.

    Helen Milliken a proud eugenicist?  You betchya!  Not supposed to mention such atrocities... Shhhhhhhhh!  And, how can one forget...

    Omitted: Made Jim Blanchard Look Appealing to Voters

    Now, wayward, petty, and pedantic child, you carry on with that polarizing the MI-GOP into obsolescence.

    I stand with Dave.

    Comments >>

    Our Coerced Tax Dollars at Work...


    By Corinthian Scales, Section News
    Posted on Wed Dec 11, 2013 at 12:47:15 PM EST
    Tags: Moscow on the Huron, Stephen M. Ross School of Business, Jeder nach seinen Fähigkeiten, jedem nach seinen Bedürfnissen!, Taxes, Theft, DIA TAX, Puuure Michigan, Marxstream Media, Useful Idiots, Corruption, Big government, SB269, SB270, SB271, SB278, HB4480, HB4482, Filling the Pockets Of Friends, Rand Paul, Detroit, Progressives, Mr. 36%, NERD Fund, Alma mater, Kevyn Orr, Rich Baird, One Term Nerd (all tags)

    What better place can one possibly think of to promote the concept of "Free Monies" and a spiffy DIA tax advertisement than Washtenaw County's very own Moscow on the Huron.

    Welcome to Detroit from A Wild Kristen Appeared on Vimeo.

    As noted from WXYZ.

    One of the team members tells 7 Action News that their professor even shed a tear while watching the ad.

    So did comrades Karl, Friedrich, and Vladimir Ilyich.

    Comments >>

    Rand Paul's Folly - Or Snyder/Paul 2016


    By JGillman, Section News
    Posted on Mon Dec 09, 2013 at 09:22:53 PM EST
    Tags: Michigan, Rand Paul, Detroit, Rick Snyder, Cronyism, Snyder 2016, Bucket List, Useful Idiots, Corruption, Quicken Loans, MEDC, MSF, MEGA, Taxes, Theft, SB269, SB270, SB271, SB278, HB4480, HB4482, Puppetry, Bankruptcy (all tags)

    This Is NOT Your Daddy's 'Paul'

    Some of the ideas are familiar, but limited in ways typically embraced by establishment Republicans.

    Rand Paul's visit to Detroit was precipitated by a conference call being reported by the Detroit News. In it, Senator Paul speaks of enterprise zones, with taxes so low as to "bail yourselves out". Adding to this an loosened visa incentive for a flow of foreign "entrepreneurs" into the city.

    Paul, widely considered a 2016 potential presidential candidate, said he will introduce legislation Monday to create "economic freedom zones" by dramatically lowering taxes in depressed areas and loosen visa rules to encourage foreign entrepreneurs to immigrate to the city.

    "We hope to create taxes so low you essentially are able to bail yourselves out," Paul said Thursday in a conference call outlining his plan.


    So now instead of "jobs that Americans don't want to do," perhaps we will be talking about cities that Americans don't want to live or work in.

    I wonder how that would work?

    Maybe something like this?

    "Mr Chen, you are welcome to stay, invest, develop, and work in our country. However, you are limited to this particular region. If for some reason you are not satisfied there, I guess you are out of luck."
    Or in other words,
    "Welcome to the Hotel Detroit. Love it, or get the hell out of our country.."
    Right, somehow I can't see THAT happening.

    Which of course begs the question of what happens to those who emigrate, and decide to move somewhere a little safer than Baghdad of Michigan? When "loosening visa requirements," it seems that a genie let out is a little hard to stuff back in the lamp. Its hard to imagine 'restrictive' movement placed on those who simply seek a better life, and upon finding out that Detroit is no better than the hole they left, it is highly likely that they will indeed "seek" such a place.

    And it seems we have heard those words about foreigners feeling welcomed before.

    Go below the fold.

    (2 comments, 1894 words in story) Full Story

    All Of A Sudden


    By JGillman, Section News
    Posted on Wed Dec 04, 2013 at 10:21:10 AM EST
    Tags: Michigan, Detroit, EFM, Kevyn Orr, Bankruptcy, Restructuring, Futility, Higher Taxes, Pensions (all tags)

    The repealed Emergency Financial Manager law probably seems like a better idea now; at least to those who spent great amounts of money to defeat it.

    Its not as if they weren't warned.

    State appointed Emergency Financial managers couldn't touch any pension contracts whatsoever. As a state initiated law, it would  have run afoul of article 9, section 24; the state's own constitutional protection for pensions.  The EFM law was however, a tool to readjust current contracts not associated with those pensions.  Federal courts would have no say at that point.  But labor unions, and certain municipalities' elected bodies preferred to not allow such a thing.

    Instead, a bankruptcy, fully clarified in the constitution as being under federal jurisdiction, takes the state's constitutional protections of those pensions off the table.

    Golly.

    (3 comments) Comments >>

    Fun


    By JGillman, Section News
    Posted on Tue Dec 03, 2013 at 10:33:19 PM EST
    Tags: Budz, Detroit, Bankruptcy, Schuette, Snyder, Pensions, Long Time Coming, Same Snake Two Heads (all tags)

    Right?

    Two statements from high profile positions in Michigan State Government. Both from looking at the decision to allow the Detroit Bankruptcy to go forward. The first from the Nerd

    "Today, the federal court allowed Detroit to stay on the path toward a brighter future.  A future where streetlights work and ambulances respond quickly. A future where crime and blight shrink, and where jobs and investments surge."
    And a place where unicorn farts cure despair and disease.

    From the AG?

    "However, I am deeply disappointed by Judge Rhodes' analysis that pensions may be impaired. I will continue to aggressively defend pensions and Article 9, Section 24 of the Michigan Constitution as this case proceeds to the confirmation stage of bankruptcy planning, at which time we can thoroughly review any plans for potential legal action involving pensions."
    And then he drew down his helmet, and grabbed a jousting pole.

    Said one to the other before backing up the pretend bus: "We're still friends right?"

    (3 comments) Comments >>

    Next 8 >>
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