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    Tag: Massive Federal debt is not a factor

    Privatizing Profits and Socializing Losses


    By Corinthian Scales, Section News
    Posted on Thu Jun 06, 2013 at 12:34:33 PM EST
    Tags: Lemon Socialism, TARP: The Greatest Transfer of Wealth in the History of America, Public-Private Partnerships, Hardest Hit Fund, Banksters, Tim Geithner, confirmed by usual Senate RINO's, Two Party system?, Two wings - One bird, Federal Debt trough, MSHDA, Rep Dan Kildee - D first bill?, bailing out Progressive Utopias, Shared Sacrifice baby, Massive Federal debt is not a factor, One Term Nerd (all tags)

    Remember the famous Republican sales spiel for TARP to abandon the Free Market to save it?  I do.  Hell, that Republican even said , "I'd approve TARP again."  I also remember the Michigan Republican that said, "if we don't pass something to help the financial institution, it collapses, the DOW loses another 3,000 points, it needed to be done."  Well, George W, Pete Hoekstra, along with a gaggle of other Pale Pastels... thank you for opening another Pandoras Box of reckless spending as those who parade around the Big Tent as alleged "conservatives" always do.

    The state is poised to have $100 million in federal funds freed up to demolish vacant homes in Detroit, Pontiac, Flint, Grand Rapids and Saginaw.

    An announcement could come as soon as today that federal dollars previously allocated for mortgage relief have been approved to target neighborhoods riddled with abandoned and burned-out houses, according to four sources with knowledge of the situation.

    The federal dollars come from an aid program that is part of the Troubled Asset Relief Program launched in 2010 to help unemployed homeowners stay in their houses and help families with underwater mortgages -- who owe more than their homes are worth.

    The $7.6 billion program, known as the Hardest Hit Fund, targeted 18 states including Michigan, plus the District of Columbia, reeling from the housing crisis and economic downturn.

    Rest

    See that?  Poof!  In only two years, TARP transcends into the Hardest Hit Fund.  Pure Magic!  Take a look at the map, it's predominately a Blue State bailout scheme for failed Progressive Utopias.  To paraphrase the late Baroness Thatcher - The problem with Socialism is that the Democrats will never run out of other peoples money in America, as long as there are Progressives in the Republican Party finding ways to steal it for them.

    And, the MI-GOP in Lansing, along with the RNC in D.C., wonders why they've been going down in electoral flames ever since they dropped the ball with the 2010 Sea of TEA Partying Red demanding Constitutionally limited, fiscal responsible, sound government.

    For record, the only Michigan Reps. who honorably voted NO on TARP were: Conyers, McCotter, Miller, Rogers, Stupak, and Walberg.  I thank you for that vote, again.  And, the usual cast of Senate RINO's confirmed a Geithner Treasury Department that dreams up Progressive aid programs like the Hardest Hit Fund.  Way to go, dunderheads.

    (1 comment) Comments >>

    Horizon: Growing Migration to Livingston Co


    By Corinthian Scales, Section News
    Posted on Tue Nov 27, 2012 at 05:33:31 PM EST
    Tags: Rick Snyder, Progressives, Gary Peters, City of Troy, Light Rail boondoggles, Crony Capitalism, Massive Federal debt is not a factor, DRIC-NITC, Wholesale Gas Tax, Registration Fees, Follow the money, Michigan Banana Republican Party, Pay Up Suckers, Dump Schostak, One Term Nerd (all tags)

    via The Detroit News

    The Michigan Senate approved a five-bill package Tuesday establishing a regional transit authority for Metro Detroit and allowing public transportation projects to be funded with a voter-approved registration fee on car owners.

    The bills, sought by Gov. Rick Snyder, are seen as crucial to funding a regional transit authority for Metro Detroit and empowering the authority to take over management of the region's major bus systems and create dedicated high-speed bus lanes on the area's busiest corridors.
    ....

    Senate Bill 911 would allow the transit authority to seek voter approval in Macomb, Oakland, Washtenaw and Wayne counties for a special motor vehicle registration fee to fund the authority's transportation projects. Under the bill, voters could be asked to approve a registration fee not to exceed $1.20 for every $1,000 of a vehicle's listing price.

    MORE

    The recently approved DIA Tax had to be the lame-duck trial run for the convicted felon's SB 911 stink-bomb.

    Thank your Lansing Nerdpublicans who have figured out another accountability loophole.  To levy taxes on the people: let the moocher herd vote.  To silence the people from their voice: limit access to constitutional amendments.

    (1 comment) Comments >>

    A Message To Our Legislators - Beware False Choices

    $3,150/sq. ft Initial Cost Boondoggle


    By Corinthian Scales, Section News
    Posted on Tue Nov 27, 2012 at 01:15:03 PM EST
    Tags: Rick Snyder, Gary Peters, Crony Capitalism, City of Troy, Special Election, City Clowncil, Laws shmaws, Lefty loons, Pay Up Suckers, Hostile Chamber of Commerce, Canadian Magna International, Frank Ervin DC Lobbyist, Foreign Business, Green Subsidy, Progressives, Government Funding, Massive Federal debt is not a factor, Foreign National Job Preference, H-1B Visas, EB-5 Citizenship, Wholesale Gas Tax, Registration Fees, DRIC-NITC, Light Rail boondoggles, Follow the money, Michigan Banana Republican Party, Dump Schostak, One Term Nerd (all tags)

    via WXYZ

    But, it makes the Canadians, Gary Peters, and the Governerd, are all giddy, so what the 'fiscal cliff' Hell?  Screw Grover's initiated Tax Pledge to the constituents - Goonion labor Amtrak choo-choo money pits for  e v e r y o n e!

    Yeaaaaaaaaaaaaaah

    Comments >>

    Gov. Mordecai Jones Strikes Again: Transparency


    By Corinthian Scales, Section News
    Posted on Wed Nov 21, 2012 at 09:09:52 AM EST
    Tags: Rick Snyder, The Flim-Flam Man, Ardesta, Stem Cells Research, Embryos, Crony Capitalism, 21st Century Investment Fund, NextEnergy, Chris Rizik, MEDC, Discera, U of M TTNAB, ChiComs, DRIC-NITC, DRTP, Tunnels, Public-Private Partnerships, NGO, Light Rail boondoggles, Government Funding, Massive Federal debt is not a factor, One Tough Nerd PAC, Follow The Money, 2014, Gas Tax Hike, One Term Nerd (all tags)

    via WXYZ

    "Michigan's citizens are tired of the divisive political culture in Lansing," Snyder said on the campaign trail. "Midnight deals, closed-doors meetings, lobbyists and special interest influence have stood in the way of long-term solutions.

    "As governor, I will ensure that government is open, fair and accountable to the citizens by making Michigan a national leader in transparency and ethics."  Source

    (8 comments) Comments >>

    The Nerd has Non-Profit Fund Transparency Issues?


    By Corinthian Scales, Section News
    Posted on Mon Nov 19, 2012 at 09:02:11 PM EST
    Tags: Rick Snyder, Crony Capitalism, Stem Cells Research, Embryos, Ardesta, MEDC, DRIC-NITC, DRTP, Tunnels, NAFTA Bridge, ChiComs, Public-Private Partnerships, NGO, Light Rail boondoggles, Government Funding, Massive Federal debt is not a factor, One Tough Nerd PAC, Follow The Money, 2014, One Term Nerd (all tags)

    A preview via WXYZ

    MORE

    When your name is mentioned in the company of Robert Ficano, and Kwame Kilpatrick... no good can come of it.

    Comments >>

    Why Not Use Spoons, Governerd?


    By Corinthian Scales, Section News
    Posted on Wed Nov 07, 2012 at 05:47:42 PM EST
    Tags: Rick Snyder, Crony Capitalism, DRIC-NITC, DRTP, Tunnels, NAFTA Bridge, ChiComs, Public-Private Partnerships, One Tough Nerd PAC, Follow The Money, NGO, Light Rail boondoggles, Massive Federal debt is not a factor, Government Funding, It's about jobs?, 2014, One Term Nerd (all tags)

    via freep.com

    An upbeat Gov. Rick Snyder said Wednesday that there might be "shovels in the ground" for the New International Trade Crossing bridge project within two to six months.

    But Ken Silfven, Snyder's deputy press secretary, later clarified, saying the governor was using "two to six months" as a metaphor for receiving the U.S. Presidential Permit needed for the project to proceed. Actual construction might begin in two to three years.

    OK, by force of government, you got your bully pulpit way, Snyder.  Congratulations.  Thus, provides a perfect time for some much needed levity.

    An American economist traveled to China to observe a canal project. The Chinese delegation showed him the plans and the model of everything that would be built along this new masterpiece. When they traveled out to the worksite, the economist was aghast at what he saw. The men were all using hand tools such as shovels, pick axes, and wheelbarrows.

    The American economist asked the leader of the Chinese delegation, "Why on Earth are your people using hand tools? Why are there no bulldozers or other modern equipment?"

    The leader of the delegation stood up straight and replied, "If we used that type of equipment, all of these men would lose their jobs in a couple of months."

    The economist rubbed his chin in thought and then smiled, "Oh, it's a jobs program. Why don't you take away their shovels and give them spoons?"

    The rest is worth your time.

    Enjoy your Big Government, central planning Lansing, while it lasts, Ricky Snydholm.

    (1 comment) Comments >>

    Proposal 5 and Article V, Section 18 is Marriage Made in Heaven for Michigan


    By Corinthian Scales, Section News
    Posted on Fri Oct 19, 2012 at 12:12:17 PM EST
    Tags: Prop 5, Limits, Rick Snyder, MEDC, Crony Capitalism, A123, LG CHEM, Kakistocracy, Green Subsidy, Progressives, BAD Behavior, SB-992, Bobby Schostak, Massive Federal debt is not a factor, Epic FAIL, now a Port Authority too?, Tax Hiker, One Term Nerd, Agema start scouting, 2014 (all tags)

    Fact is folks, Michigan has been blessed with our Balanced Budget Law... partially.  However, with every term of vote buying, and interest lobby bought off congresscritters we send to Lansing, proclaiming that R is for reverse, and D is for driving into a ditch, our bloated budget habitually reflects that like a teenager with a new license to the family car - the keys need to be restricted from exposure.  As it should be, most youth behaves carefree with their new power to blaze their own trail on the open roads, however, that still leaves mom, and dad held responsible for the family car.  It's a fact of life - when the little darlings have a fender bender caused by doing things other than paying attention to the road, any damage caused comes out of the family wallet to fix the car.

    Yessirree.  Article V, Section 18 is merely PLPD coverage on the family car.  Out of pocket repair bills is exactly the exposure that every Michigan family faces with handing the keys to their little darlings behind the Lansing wheel.  What's that?  A smart family should know to also carry collision, or, Full Coverage if entrusting others with risks to the family vehicle?  Well, with just checking the old inbox, that is the message that the good folks over at the Michigan Capitol Confidential are driving home on Prop 5.

    The idea behind a Tax Limitation Amendment is to make it more difficult for the political class to pilfer the pockets of taxpayers. Research -- most notably by scholar Mancur Olson -- has shown time and again that in democratic nations the wishes of an electorate are often ignored by narrow special interests that seek costly "favors" from the government. Politicians all too frequently accommodate those favors (be they subsidies or tariffs or spending hikes or other items) in part because their contributors and powerful constituents support them. Increasing taxes also is often a path of least resistance.

    Constitutional restrictions are an effective way to handcuff politicians and stymie the special interests who lobby them for more money. Academic research on balance seems to show that such restrictions do check the growth of government and tax burdens, too.

    Amen!  So, the natural question must be asked, why is it that the biggest opponent of Prop 5, Rick Snyder, a CEO, and CPA mind you, is behaving like a teenager who incessantly tells dumb 'ol mom and dad who are liable for his actions that he can text and drive?

    The funny thing is with Halloween approaching, skeletons do come out of the closet...

    (786 words in story) Full Story

    But I Want the Fist and the Tiara


    By Corinthian Scales, Section News
    Posted on Wed Oct 10, 2012 at 11:05:17 AM EST
    Tags: Brooks Patterson, Stupidity, DIA Tax, Proposal 10-2, SB-992, Kakistocracy, Bobby Schostak, Milliken a 12-3 EcoTard, U of M, ChiComs, DRIC-NITC, Sino-Michigan Properties LLC, Obamacare Health Exchange, Anti-Right To Work, Public-Private Partnerships, Crony Capitalism, MEDC, Light Rail boondoggles, Massive Federal debt is not a factor, Epic FAIL, Tax Hiker, One Term Nerd, Agema start scouting, 2014 (all tags)

    I reckon that being truthful plays all kinds of hell on an Executive who pushed through the DIA Tax on his county, and on a Governerd swirling tax dollars down the drain on excess, and extravagance while the bodies pile, and anarchy descends.

    via The Detroit News

    The Michigan Republican Party on Tuesday pulled a cable TV ad that bashes Detroit while touting Oakland County's GOP.

    County Executive L. Brooks Patterson saw the 34-second ad and asked state GOP Chairman Bobby Schostak on Tuesday to pull it, saying it was unnecessarily negative.

    Patterson, who is undergoing rehabilitation for injuries suffered in a car crash, received a resounding no, spokesman Bill Mullan said.

    "I've always run political campaigns built on positive messages. My campaign has asked the independent entity that produced this ad to take it down, but they've refused," Patterson said in a statement on Tuesday. "Detroit has its challenges. But my administration has always tried to be part of the solution."

    More with video of pulled commercial

    And, folks still try to tell me that there is a Two Party system.  Again .. Shut up, Brooks.  Your 73-year-old duplicitous tongue needs to head out to pasture, and tell tales of how you remember your legend to your grandchildren.  Everything has a built in obsolescence, Brooks - you, like this dangerous fossil, have finally met yours.

    That is fact.

    (2 comments) Comments >>

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