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    Tag: EFM too 'divisive'?

    Already Gone Before The Ink Dries On The Check


    By Corinthian Scales, Section News
    Posted on Fri Nov 16, 2012 at 10:12:44 AM EST
    Tags: Governor Snyder, Mayor Bing, EFM too 'divisive'?, Detroit Board of Education, PA 72, Detroit, Consent Agreement, Go to Bankruptcy already, Government boondoggle, Joke is on The Taxpayer, Obama Stash, Andy Dillon, State Treasury = Toilet we throw our coerced tax dollars in, What Our Nation Is Creating, Breitbart, TEA movement, 2014, One Term Nerd (all tags)

    via The Detroit News

    City and state leaders have agreed on a milestone agreement that supports the city's reform agenda, officials announced Thursday.

    Completion of the milestone agreement is a key component to the state releasing the bond money in an escrow account needed for the city's cash crunch. Officials said Monday the city would run out of cash by the end of the year if it was not able to draw down $10 million by next week and $20 million by mid-December.

    Told you it would happen.  Heck, even the bad actors in the Snyder Administration are faking it so not to be the ones stuck holding the bag when this blows up in their face.

    State Treasurer Andy Dillon said the agreement gives Detroit "a transparent roadmap" to get the bond money, but he's still concerned about the progress that's been made on the reform agenda.

    "The funds from the bond proceeds were never intended to fund the status quo in Detroit, but rather aid with its government reforms," Dillon said in a released statement. "While some progress has been made in the city since the signing of the financial stability agreement in June, it is moving slower than what all parties would have anticipated. There is still much work to be done."

    Much work to be done, Andy?  Like what?  Forcing the taxpayers of Michigan to be stuck with more junk bonds for the decades of unaccountable "protected class" Democratic Party rule in Detroit?  No más, Señor Tesorero Dillon.  Like it or not, the Consent Agreement was not agreed to in good faith.  Not by Mayor Bing, nor by City Council, and most certainly not by Corporation Counsel.

    It is time for Governor Snyder to be held accountable too.  It way past being painfully obvious when those who are viewed as crossing over to the dark side from time to time have reached their wits end with an alleged fiscal conservative governor enabling his spoiled rotten children to carry on by throwing money at them.

    Either the city wants to be a full participant in its financial rescue or the governor should, to quote a famous failed presidential candidate, let Detroit go bankrupt.

    The governor should not be in a position of wanting more for the city than it wants for itself.

    Comprender?  The sad part for the rest of the state is that anyone watching the charade happening in Detroit, knows that in 2013 we'll still be having the same results.

    That's racists you say?  See here.

    One Term untough Nerd

    (1 comment) Comments >>

    Stolen Faster Than They Can Tax


    By Corinthian Scales, Section News
    Posted on Tue Nov 13, 2012 at 11:25:53 AM EST
    Tags: Governor Snyder, Mayor Bing, EFM too 'divisive'?, The Peoples Republic of Detroit, Go to Bankruptcy already, City Clowncil, Obama Stash, Andy Dillon, State Treasury = Toilet we throw our coerced tax dollars in, One Term Nerd (all tags)

    How many reset buttons does the Cesspool of Detoilet get to hit before the appropriate instrument of Chapter 9 happens?

    via WXYZ

    Not to worry, One Term Nerd will have Dillon, write another check.

    Comments >>

    A Message To Our Legislators - Beware False Choices

    Saving Detoilet With One Altruistic Deadbeat After Another


    By Corinthian Scales, Section News
    Posted on Sat Jan 14, 2012 at 10:35:07 AM EST
    Tags: Charles Pugh, Kwame Kenyatta, Saunteel Jenkins, Tax Cheats JoAnn Watson and John Conyers, Monica Conyers, John Conyers III, Unkempt Lawns, Peeling Paint, Awnings in disrepair, No Ride, No Pants, Naggers, Governor Snyder, Mayor Bing, EFM too 'divisive'?, Eric Holder (all tags)

    Yessiree, Michigan's very own chocolate Anderson Cooper is going to stick everyone with his poor financial choices.

    City Council President Charles Pugh is facing foreclosure and says he likely will abandon his $385,000 Brush Park condominium.

    His personal financial struggles come as he and council colleagues fight to bail Detroit out of its own fiscal crisis.

    On Friday, Pugh said he can't afford to pay his mortgage after taking a pay cut and leaving a high-paying TV career to run for the City Council.

    "Making my mortgage payments has been a struggle for me," Pugh wrote in an email. "I fought hard to stay in my condo because I had an attachment to it, but I can no longer afford to do so."

    The mortgage issue is the latest financial problem facing Pugh, 40, a former Fox 2 television anchor and radio show host who was the top vote-getter in the 2009 election. He is paid $76,500 as council president.

    "I am devoted to this city and helping us to move forward despite wage cuts and personal sacrifices such as foreclosing on my own home," Pugh said. "These are the tough choices Detroiters make every day, and I am no different."

    Pugh is still living in the condo and would like to keep it, but he needs a "substantial decrease" in the mortgage, spokeswoman Kirsten Ussery said.

    Um, no dummy.  Charles, you greedily chose to place yourself into a position that you knew you could not afford.  Then again, finances never have been a priority for Charles, have they?

    (1 comment, 318 words in story) Full Story

    Beggers Can Be Choosers ... Only in Detoilet


    By Corinthian Scales, Section News
    Posted on Wed Jan 04, 2012 at 04:38:36 PM EST
    Tags: Governor Snyder, Mayor Bing, EFM too 'divisive'?, John Coneyers, Eric Holder (all tags)

    I know it's prolly wrong to enjoy the rattling death coughs of a failed Democratic Party social experiment, but it really warms the cockles of my heart on a lazy, blustery January day.

    As the city nears financial collapse, owners erased at least $4.7 million in property taxes and liens this fall on more than 400 properties Wayne County appeared to sell back to them for pennies on the dollar, according to a Detroit News analysis.

    That's double the number of buybacks found at 2010's Wayne County tax foreclosure auction. In many cases, no one else bids other than the former property owners, who can reclaim the properties for as little as $500 apiece.

    The increase has a top aide to Mayor Dave Bing and others calling on Wayne County Treasurer Raymond Wojtowicz or the state Legislature to crack down.

    "Unfortunately, some laws have loopholes, and in this case results in others exploiting matters for their personal advantage at the expense of responsible taxpayers and the city," Kirk Lewis, Bing's chief of staff, said in a statement.

    "Legislative remedies must address and prevent the myriad of ways these property owners can scam the system for their personal gain."

    State law allows Wojtowicz to ban owners from buying back their foreclosed properties. Macomb County officials did so this year, but Wojtowicz said it would be too hard to police in Detroit, where he sold a record 5,200 properties at October's auction.

    But, but, whaaa?  Wait a minute.  I thought Detroiters didn't want any Lansing interference in their affairs.  Hmmmm...

    (4 comments, 448 words in story) Full Story

    The Hollow Men


    By Corinthian Scales, Section News
    Posted on Fri Jun 10, 2011 at 12:18:30 PM EST
    Tags: Governor Snyder, Mayor Bing, EFM too 'divisive'? (all tags)

    The more things change the more they stay the same.  Michigan's latest reinvention.

    Eliminating the threat of losing a serious revenue stream, the city will now collect $90 million in income and utility taxes under two bills signed into law today by Gov. Rick Snyder.

    Flanked by Mayor Dave Bing, Snyder approved the bills that "are critically important for the financial success of the city."

    Great photo-op, eh?  I can almost hear Granholm saying, "We're all in this together."

    Bing thanked the governor for his part in shepherding the legislation through and "of building a true partnership between Lansing and the city of Detroit."

    Huh?  Since when in the last forty years didn't Lansing prop up the City of Detroit?  Good Lord!  Even Treasurer Dillon is working up an extra $10M injection of money for you so don't be jonesing, you'll get your fix.  C'mon let's get to what all this flapdooddle is really about...

    (11 comments, 285 words in story) Full Story

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