Tag Archive for Crony Capitalism

Crony Capitalism: Not Just For Companies And Politicians!

'Scandal Free' Obama Administration AG Eric Holder Spiked Criminal Charges Against UAW VP General Holiefield Sometime In 2014.

Detroit is atwitter over the criminal indictments that dropped on 26 July against former FCA (Chrysler) labor negotiator Alphons Iacobelli, UAW VP General Holiefield’s widow, Monica Morgan, and FCA financial analyst Jerome Durden. They looted the the UAW-Chrysler National Training Center (NTC) and bought a lot of bling with the proceeds, which were laundered through a charity called Leave the Light On Foundation created by General Holiefield.  Criminal use of bogus charities is a whole story in itself best left to another day.

Prior to this little imbroglio, General R. Holiefield and his wife Monica Morgan are fondly remembered for a ‘gun cleaning accident’ on 30 December 2013. In light of last week’s indictments, that event is now probably subject to some reinterpretation.

Were they battling over ill-gotten lucre?

You Betcha! (14)Nuh Uh.(0)

State of the (19th Century) Art

"And it will benefit dozens of Detroiters..."

As if last year’s defeat of the RTA tax hasn’t discouraged Penske and the rest of the pro RTA tax crowd (not to fear…it’ll be back on the ballot in less than two years), they now find themselves in the sights of the (Not So) Pure Michigan crowd!

Hmmmmm, WHY hasn’t the republican legislature repealed the law authorizing this shakedown yet?

Anyway…just a little something to bring a smile to you this afternoon.

Submitted w/o any further comment

Some of the language isn’t exactly SFW, so turn down your speakers for about a minute.

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Because paying twice for the same things always makes more sense.

"First rule in government spending: Why build one when you can have two at twice the price?" - S.R. Hadden (John Hurt) "Contact"

I’m going to throw out a few hypothetical questions to the readers here at RM, and I’d like to get your candid response.

Ready?

Here we go…

{Click the red box to continue}

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When $ 175,000 A Year Just Isn’t Enough

You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time....President Abraham Lincoln

Adamo DemolitionDetroit’s Deputy Director of Construction and Project Management, James Wright, suddenly resigned today. Wright had been the Detroit Medical Center’s Corporate Vice President of Facility Engineering and Construction when Mayor Duggan hired him under a contract to be the $ 250,000 a year Deputy Director of the Detroit Land Bank Authority two and a half years ago. He was then transferred to the city’s payroll in March of this year at a $ 175,000 a year salary. Mr. Wright’s resignation does not include a severance and was effective immediately. Certain evidence of a firing at this level of government, not a resignation.  You can bet that Wright just got his Federal target letter. from U.S. Attorney Barbara McQuade.

The FBI and the Special Inspector General of the Troubled Asset Relief Program (SIGTARP) have been investigating Detroit’s demolition program for about a year now. Enough time to start issuing indictments. SIGTARP has jurisdiction over the Hardest Hit Fund which provided the $250 million Detroit has spent on home demolitions (and lavished on contractors). Detroit Mayor Duggan has pledged complete cooperation with the investigation.  Wright Right…..

Barry Ellentuck ImageWright’s resignation comes on the heels of Attorney General Bill Schuette’s failed prosecution of whistleblower Barry Ellentuck, the ADR Consultants, LLC President who went to the FBI with solid evidence of the corruption in the Detroit home demolition program – the very day before AG Schuette indicted him. Mr. Ellentuck was set up by a lying, thieving subordinate and his prosecution had all the hallmarks of retaliation for squealing to the Feds. Home demolition contract costs suddenly rose from about $ 10,000 per house to $ 16,000 per house under Mayor Duggan, just after Mr. Wright took control of the program.

The city originally signed Wright to a two-year contract that paid $250,000 a year. He was transferred to the city’s payroll at $175,000 a year when his original two year employment contract expired in March.  Evidently, $ 175,000 a year is just not enough for Mayor Duggan’s exalted talent.  As a point of reference, Governor Snyder makes $ 159,300 per year as Governor of Michigan. Governor Snyder clearly holds the wrong office to make money in this state.

Wright awarded corrupt ‘unit price’ demolition contracts to three connected demolition companies, Adamo, Homrich and MCM Management. You might recognize them as very profitable MDoT contractors, but that was the Proposal 1 story of last year. Wright disclosed contract prices before the bids were opened to their competitors and allowed all three companies special, reduced bonding requirements unavailable to other bidders.

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Let’s Call a Spade a Spade

Sure, we’ve seen Lt. Nerd post his bloviating nonsense on Facebook, however, what you won’t see is Lt. Nerd, much less any official within the MI-GOP apparatchik call out The Nerd himself for his rather unseemly profitable actions.

Think there isn’t big money in dead babies? Try $24,250 for a vial of 5 million cells. That is fact.

Now, do you want to know what else you won’t see the MI-GOP apparatchik do? You won’t see any within the Party give the Nerd’s mentor, this doddering old Leftist tool, a boot ride out of the Party.

Bill-the-baby-killer

Folks, I’m beyond tired of the quislings in the “big tent”. It’s past time to start booting their treacherous asses out to where they belong.

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Why Did It Take So Long?

And how much taxpayer money has been lost to cronyism over the last 7 years?

kwamewoodWe’ve been lied to.

Michigan politicians have been telling us that the film credits were needed to compete with other states for years. Its just not so.

People in the industry have been remarking how successful other states have been by giving filmmakers taxpayer money to ‘create’ jobs in those states; all the while competing against Michigan’s excessive subsidizing of the vanity industry which HQs in Hollywood.

But the bottom line?

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