Tag: Monopoly

Now don't get me wrong.  I am a firm believer in contracts. I ARE A RULE OF LAW GUY.

If a contract is created between parties, those parties ought to be bound to the terms of the contract.

Makes sense right?  As an example, if I voluntarily agree to terms that bind me to a particular end (like paying on a phone contract),  in exchange for something else (the use of the phone service at a particular rate), then I should be held to account for the terms of the contract agreed upon.  If a termination of the contract results in one of the parties violating their obligation, then they should be held to the punitive measures agreed upon when entering the contract.

Yes, I believe in contract.  Morality is best served through the honoring of established agreements.

But you know what they say... the more things change the more they stay the same.  

Lest you lose your footing, your grip on reality or your general intellectual equilibrium, there is evidence in fish-wraps across the state today that things aren't as topsy-turvy as the MEA / Dillon spat might indicate, and what good is a site like Right Michigan if we don't keep you grounded in reality?  

Not that reality is eeeeveryone's strong suit, though, but isn't that about what we've come to expect from paper's like the Ivory Tower?  The state's leading Lefty pub carries an AP story with an interesting headline that proclaims "Teenagers may receive pay raise this week."

Michigan teenagers who have jobs might see a pay raise this week.

Michigan's subminimum wage, a wage paid to employees younger than 18, will jump from $6.55 to $7.25 when the federal minimum wage rises to that rate on Friday.

And they're right, technically, though I couldn't help but be carried away to the bygone days of the Cold War when a two-car automobile race between the Soviets and the United States once produced a Moscow Headline proclaiming- "Soviets finish second, Americans second to last."

Yes.  Some teenagers might get a pay raise this week as the government introduces another bureaucratic regulation on job makers across the country, even here in a state where job makers have become an endangered species. Alas, many teenagers will also get a pretty serious pay reduction this week when their bosses crunch the numbers and decided instead of paying the higher wage they'll do without the seasonal help the rest of the way.

And as teenagers across the state find their jobs no longer exist, their parents back at home suddenly find themselves dealing with skyrocketing prices on their monthly utility bill, thanks in large part to the MEA's whipping boy, Andy Dillon.  The Grand Rapids Press reports on new, and unstoppable, rate hikes headed our way from Consumers and DTE.

Read on...

Especially the way the weekend ended... and with headlines like these greeting me.  There's good news and there's bad news.  The latter in abundance, sadly, but for the sake of general sanity we'll try to limit ourselves to only the most relevant stories.  (And by "most relevant" I mean, of course, the stories that I want to talk about.  Har.)

That means this particular post won't be discussing Peter Luke's dissection of Michigan Democrats local stimulus obstruction (via an MBT kill and other tax relief), how the UAW is dragging its feet on concessions with General Motors and Chrysler, what with the companies already showing a willingness to take "free" tax cash before making tough decisions or even about how the Granholm / Cherry team's pet economic development "success story", United Solar Ovonics has decided they aren't going to be doing all that growing they'd promised in press conferences after all.

Yeah, there's bad news out there.  This is Jennifer Granholm and John Cherry's Michigan, after all, but it isn't all thunderclouds and little black rainstorms. There's some good news out there, too, and, custom dictates I give you that first.

So... how `bout those Spartans?!  Feels good to keep dancing.

And while we're saying nice things about nice people, the Ivory Tower has a swell article this morning about Barsamian Prep Academy's work with expelled students in the D.  But I actually suggest you bookmark that one and come back to it later to help wash the rotten taste of the rest of the news out of your mouth.

Specifically the Associated Press report that DTE and Consumers Energy are going to be raising rates on residential customers by a full (and astronomical) 11%.

Residents and advocacy groups for the poor and elderly oppose the increases.

"I think it is crummy in this time of hardship," says Bonnie Banks, 61, a retired court recorder who splits her time between Ann Arbor and Oscoda and is a power customer of both Consumers Energy and Edison. "Because of the economy and all the layoffs and our high unemployment rate, it seems like there would be an even larger hardship for people."

It will be, Ms. Banks.  

Long-time readers of this blog will quickly attest that I'm NEEEEEVER one to say "I told you so," but... I told you so.

The Democrats in Lansing last year granted DTE and Consumers a monopoly on the energy market in Michigan.  It was a massive pay-off to their special interest pals and came despite warnings of double-digit rate hikes and customers getting pinched six ways from Sunday.  

Competition?  Bah.  Its over-rated, they assured us.

All told, the Dem's pet utilities are expected to raise rates by $593 million a year.  Make no mistake... that is a $593 million a year tax increase courtesy of Gretchen Whitmer, Andy Dillon, Jennifer Granholm and John Cherry.

Thanks, guys.  Really appreciate it.  Because working moms and dads in this state are just rolling extra cash these days.