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Mayor Dave Bing and Gov. Rick Snyder met today in Bing's office with LaHood; businessman Roger Penske, chairman of the M-1 project; and several members of the Michigan's congressional delegation to discuss the issues.
Penske said he was "very excited" about LaHood's comments that he is in favor of the project. "We have to be sure we have all the technical information available to us," he said. "There's a concern, potentially, about who's going to run this."
Penske said it was clear the federal government wants a regional transportation authority [think bridge] to help with the project.
Investors with the M-1 group submitted their plans to federal officials in April. Group officials said they had raised most of the $137 million needed to build the line and pledged to pay 80 percent of the annual cost of operating it through 2025.
The rail line would extend 3.3 miles from downtown, north to the New Center Area.
All of them in Detroit. Penske, Gilbert, Ilitch, and the Ford's. They all talk Free Market, but sure as hell don't mind Socialism when it comes to feeding their Crony Capitalism and Corporate Welfare wallets.
Molded Foam, LLC, a manufacturer of foam seating and cushioning materials, announced today that it will acquire a Holland, Mich. firm and relocate its operations to Indiana, creating up to 45 new jobs by 2014.
The company, which provides polyurethane foam cushioning to customers in the defense, medical, office-furniture and transportation industries, among others, plans to invest more than $3.8 million to purchase and equip additional space to house the new operations which will include a new molded production line.
"We take this relocation project as an encouraging sign that we're taking the right steps to make Indiana the most attractive place to run a business," said Mitch Roob, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "Job growth is great news for any community, but it's especially gratifying when new investment happens in a smaller community like Bristol."
Molded Foam, LLC, plans to begin hiring additional manufacturing and supervisory associates early this summer as the new production line becomes operational.
Well, that's what the "BIG TAX BREAK" equates to for a $50,000/year income.
Michiganians can expect individual tax relief this year as part of an agreement on the state budget hammered out late Wednesday that also includes more money for education, roads and film tax credits.
The state will use $90 million in one-time money to reduce personal income taxes by one-tenth of a percent through either a reduction in the rate, a personal exemption or a combination of both, according to Gov. Rick Snyder's office. He and Republican legislative leaders have still to work out the details.
Another $180 million will be added to the schools budget, including $106 million to pre-fund the school employees retirement system with the remainder going to K-12 classrooms.
Snyder emerged from a late Wednesday afternoon budget huddle with House Speaker Jase Bolger and Senate Majority Leader Randy Richardville saying, "It's making soup; it's good stuff."
The Republican governor told reporters Wednesday he still hopes the GOP-led House and Senate will approve moving forward on a new bridge between Detroit and Windsor, Ontario. But he's also pursuing other options.
Message to Gov Snydholm... It's the numbers, stupid.
The numbers don't lie, nor can you hide from them, Gov Snydholm.
A Chinese Group Plans To Construct A 200 Acre "China City" In Michigan
A Chinese group known as "Sino-Michigan Properties LLC" has bought up 200 acres of land near the town of Milan, Michigan. Their plan is to construct a "China City" with artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens. Essentially, it would be a little slice of communist China dropped right into the heartland of America.
Gov. Rick Snyder is urging the U.S. Senate to pass legislation that would allow Michigan to extend its 6 percent sales taxes to purchases from out-of-state Internet retailers.
Snyder sent a letter to senators this week endorsing the Marketplace Fairness Act, which would enable states to collect sales taxes from online retailers like Amazon and Overstock.com.
"By enabling remote sellers to ignore the collection of sales and use taxes, it provides them an unfair competitive advantage and threatens the viability of retailers throughout our communities, many of which are locally owned small businesses that reflect the unique character and culture of the Great Lakes State," Snyder wrote in a letter sent Monday -- and obtained Friday by The Detroit News -- to Senate Majority Leader Harry Reid of Nevada and Minority Leader Mitch McConnell of Kentucky.
Could Michigan Gov. Rick Snyder be a vice presidential pick?
That's what one Republican political consultant is betting on in an opinion piece published Thursday naming Michigan's "one tough nerd" freshman governor as Mitt Romney's running mate.
"My bet is he's Romney's man for vice president," Chris Ingram, a Tampa Republican political consultant, wrote in an opinion piece for Tampa Bay Online.
Snyder's office said the speculation is a sign people are taking notice of changes in Michigan and focused on Michigan's progress.
Ya right, don't bust your arm patting yourself on the back, Rick. 5th worst.
"There is that perception that Michigan still has a ways to go," said J.P. Donlon, editor in chief at Chief Executive Group. "We haven't received much in the way of feedback that evidences the changes are yet significant for them at this stage."
Donlon said CEOs criticized Michigan for a strict regulatory environment that issues penalties instead of working with and helping businesses.
Actually, Snyder makes a lot of sense for Romney, especially when the Obamneycare debates start in the general election. Snyder is the only governor pushing hard for the Health Insurance Exchange. That should be a huge clue that the GOP heir apparent will merely tinker with retooling the ACA. Wanna bet $10,000 on that? LOL
Now, the ultimate upside for Conservatives in Michigan? It gets governor milquetoast the hell out of our hair so Right-To-Work can be pursued without Snyder's obstruction. Calley expanded government with pushing his pet insurance coverage mandate through, so it'd clearly be to his advantage to work towards the R-T-W goal. If not, then Calley has made himself an easy primary target in 2014. The possible Win-Win outcomes presented are limitless.
Hmmm, now I wonder if there's any way to get Mitt to take Richardville with him too...