Tag Archive for Detroit

Why Are We Bailing Out DPS Again?

Detroit is flush with taxpayer cash.

Not its own taxpayers mind you, but nevertheless, it has a spigot it can apparently turn on at will. A Granholm era program that somehow still exists and ‘guarantees Detroit HS graduates two years of college will apparently come out of the taxes collected for schools.  Even after getting the State bailout money going forward?

Duggan on Tuesday said that in the 2018-19 tax year tax dollars from the growth of the city will start to go into the scholarship fund.

“What the chamber has done is raise the money to create a bridge for that,” he said. “We can’t expect the chamber to raise scholarship money forever. This is the way that it was intended to work. They’ve done a wonderful job in the short-run. We will have funding out of the education tax in the long-run.”

The city forecasts the tax capture, once effective, would provide funding for the next two decades, ranging from $1 million per year up to $4.5 million projected in 2035, according to property value estimates rooted in the city’s bankruptcy Plan of Adjustment.

Money is fungible.

Check.

Ask your legislator how they could allow this to go on.

H/T 10x25MM

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Too Big To Fail

The stage is set for more mis-'appropriations' ..

malfeasanceHow on earth could any legislator demand accountability after voting to pay for the ongoing malfeasance of the DPS?

With a vote of 104-5, the Michigan House of Representatives cleared the deck for the ultimate prize of over $700 Million for continued operations.

Passed 104 to 5 in the House on March 17, 2016, to appropriate $48.7 million to keep the insolvent Detroit school district afloat until the end of the current school year. This is essentially a “down-payment” on a larger bailout package whose details have yet to find a consensus (the House majority wants more education reforms). The bill essentially “borrows” the money from a state account used to pay for college scholarships, and also places the Detroit school district under the same state oversight commission created to oversee the city after its 2014 bailout(see House Bill 5385).
Who Voted “Yes” and Who Voted “No”

we just need to get em to the end of the school year,” right?

Anyone who thinks there will be a plan from the current legislative slurry to fix the fundamental problems with the DPS is lying to themselves.

Even worse, they are lying to the kids who suffer under the inability of the DPS to teach.

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Detroit Schools Bailout Opposed

MRG Poll Shows Michigan Voters Strongly Oppose Using Taxpayer Money for DPS’ $715 Million Bailout.

bailoutsSome information from the Michigan Association of Public School Academies

MAPSA notes that the the poll is very timely, because the bailout is up for a vote today.

As expected, Michigan voters strongly oppose using taxpayer money to pay off the Detroit Public Schools’ $715 million in debt, according to a new poll by the Marketing Resource Group (MRG). The poll of 600 likely Michigan voters, commissioned by the Michigan Association of Public School Academies, was conducted Feb. 22-27.

Statewide, only 33 percent of voters favor using taxpayer money to pay off DPS’ debt, while 56 percent oppose it (with most of those saying they “strongly” oppose it). Even among Detroit voters, sentiments are almost evenly split, with 40 percent favoring the bailout and 38 percent opposing it. In the entire Metro Detroit region, the bailout also isn’t popular, with only 37 percent favoring it and 52 percent opposing it.

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Are there any other “past practices” that we should be made aware of?

If there is any doubt whether or not the children are responsible enough to have been handed the keys to Detroit. This piece alone should put ANY doubt to rest.

I’ve commented numerous times in the past regarding how I (or any rational-thinking person for that matter), would not (/should not) buy into the Kool Aid that Gov. Snyder & Co. have been doling out is massive quantities pertaining to the Detroit Bankruptcy and subsequent Michigan State Government forced takeover (and more importantly Michigan Taxpayer paid) “turnaround” of Detroit.

To even suggest that DECADES of ingrained, multi-generational self-destructive personal behavior was going to instantaneously disappear simply because a spreadsheet was balanced (sort of) is just naiveté taken to the Nth degree.

Unemployment is still a major problem within Detroit.

So is the marked lack of a stable family structure.

And let’s not forget the woefully under-reported, long-anticipated collapse of the Detroit Public School System.

A new detail came out yesterday that should make everyone’s BP shoot up through the roof (and give you yet another reason to oppose giving the children running ANY level of Detroit government any more of our hard-earned money).

{More below}

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Gordie Howe Bridge On A Slow Roll to Oblivion

Canadian Economic Collapse and Extravagant Liberal Party Campaign Promises Doom Governor Snyder's Bridge

The estimated cost of constructing the NITC DRIC Gordie Howe Bridge between Detroit and Windsor has now more than tripled since the Canada agreed to fund the entire cost back in June 2012. Its total cost, including interest payments, is now over four times the 2012 estimate. The recent, sharp collapse in the value of the Loonie – the Canadian currency – is being blamed. But it appears that deliberate lying cost underestimation in 2012 and project creep over the last 30 months play a much bigger role in the eyepopping new cost estimates.USDCAD

Financial markets trade the U.S. Dollar and the Canadian Dollar back and forth as ‘USDCAD‘, which is the equal value ratio of Loonies per greenback. The higher USDCAD is, the weaker the Loonie. USDCAD is now quoted around 1.40 (1.4 Loonies per greenback). The Loonie was 37% stronger back in June 2012 when Governor Snyder and then Canadian Prime Minister Harper worked out their agreement; USDCAD was then about 1.02.

Direct construction costs are now estimated to be C$ 2 billion ($ 1.43 billion USD) higher than the C$ 973 million ($ 950 million USD) estimate touted back in 2012. A 37% increase due to currency adjustments would be only $ 360 million (USD), so we know the 2012 deliberate lie underestimation was in the vicinity of $ 1.64 billion (USD). Additionally, the collapse of the Loonie now requires the establishment of a C$ 1.5 billion ($ 1.07 billion USD) reserve to offset the expected rise in Canadian dollar denominated bond interest rates. The Canadian government bond yield curve has doubled at its short end since the middle of September 2015 in response to the collapse of the Loonie. The Gordie Howe Bridge will be financed at those higher Canadian bond interest rates. The total Canadian government cost estimate is now C$ 4.8 billion ($ 3.43 billion USD).Snyder Harper Image

Harper’s Conservative government was defeated in October of last year after NDP voters abandoned their own party for the elysian promises of Justin Trudeau and his Liberal Party. Virtually the same promises our Dear Leader made in 2008 – ‘Hope and Change’ recycled for a northern audience. Harsh reality is already wrecking the promises Trudeau made to win the October election, so will the Canadian government continue to throw money at an unneeded bridge?

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Enabling Is Bad M’K?

We reward the spoiled attitudes that have destroyed Detroit.

bailoutsBlame game.

From Capcon:

“The Democratic-controlled State Board of Education recently released a statement that appears to blame Michigan’s state government for the Detroit school district’s crippling debt. “

Full stop.

That’s a little like the stories of parent blaming McDonalds for their fat kids.  Below, are just a few of RightMi.com stories covering the incredible generosity of Michigan’s taxpayers under current GOP control.

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The City Of Perpetual Gifting

Detroit Public Schools continues the fiscal drain on Michigan Taxpayers.

mich-holeThe gravity exerted by SE Michigan is nothing short of incredible.

Bailouts of Arts, Pensions, Water systems, and of course the cherry on the sundae, school debt.  From today’s Cap-Con, Summarized here:

“Various bailout plans are currently under discussion in Lansing as an alternative to entering federal bankruptcy court. One plan pitched by Gov. Rick Snyder comes with a $710 million price tag.”

Don’t make any plans with that mattress money folks.

 

 

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You DON’T say…

Apparently, the idea of picking up his wife and three children from the county morgue is weighing a little too heavily on the mind of one “Relentlessly Positive” Governor.

According to this mornings Detroit Free Press, Gov. Snyder has reversed course from his earlier ill-conceived decision to allow Syrian “refugees” into Michigan following the Islamic Terrorists attacks in Paris that have claimed at least 129 lives as of the latest count.

Gov. Snyder is quoted as stating, “Michigan is a welcoming state and we are proud of our rich history of immigration. But our first priority is protecting the safety of our residents.”

Better late than never. But in this case, no damage has been done through Gov. Snyder’s actions.

Naturally, this has the proponents of the original scheme up in arms over a “perceived” overreaction.

From the same Freep article, Maged Moughni, an Arab-American advocate said, “It’s doing what ISIS wants. … He’s just basically buying into what ISIS wants: Muslims against the West … Gov. Snyder is buying into the rhetoric.”

Again, the families of at least 129 victims of Islamic Terrorism have a different take on that.

Further down, Sean de Four, vice president of child and family services with Lutheran Social Services of Michigan had this to say,

“I certainly understand and appreciate Gov. Snyder’s desire to be cautious and put the safety of Michiganders first. But the State Department already uses an overabundance of caution in its screening of refugees before they gained entry into the United States. In fact, refugees spend an average of five to seven years in refugee camps being screened and background checks before access to any country.”

If I were Mr. de Four, I’d reexamine the validity of his argument.

Most people know that I don’t agree, with oh about 99%, of what Gov. Snyder rams through, mostly due to the fact that he doesn’t adhere to anything even remotely conservative when he does so.

This time around, and perhaps the very likely possibility that he might appear on a future casualty list himself directly due to the actions of those he blindly lets into our state, he finally gets things right for a change.

Let’s see how long that lasts.

ISIL Flag

Hopefully not coming to Michigan anytime soon!

 

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What HE Said.

Glenn urges Gov. Snyder to reverse call for Syrian refugees.

Michigan State Representative Gary Glenn has stepped out in front of this, and sends a message to our naive governor.

We called for this to happen earlier, and specifically from my own rep.  From a press release only moments ago:

glennMidland, Mich. — Michigan state Rep. Gary Glenn, R-Midland, in the wake of deadly terrorist attacks in Paris by Islamic extremists carrying Syrian passports, Saturday called on Gov. Rick Snyder to reverse his call to relocate Syrian refugees in the state.

“I respectfully urge the governor to act cautiously and conservatively to fulfill what in the sad reality of today’s world is the most fundamental responsibility of state government, to protect the public safety of our families and our communities here at home,” Glenn said. “We should not rush to offer an open door to the high-risk importation of individuals from a known hotbed of Islamic extremism who security officials say cannot be safely screened to identify and block jihadists masked as ‘refugees’ who’d love to bring suicide vests and grenades to Ford Field or Fisher Theatre or Great Lakes Crossing.”

Glenn disputed Snyder’s earlier assurances that Syrian refugees can be safely vetted to block terrorist threats, citing testimony last month by FBI director James Comey, who told the U.S. House Homeland Security Committee that “we can only query against that (data) which we have collected. And so if someone has never made a ripple in the pond in Syria in a way that would get their identity or their interest reflected in our database, we can query our database until the cows come home, but there would be nothing show up because we have no record on it. You can only query what you have collected.” (Video: http://www.wnd.com/2015/10/fbi-no-way-to-screen-refugees-coming-to-u-s/#ooid=ZqNGpjeDrxjmhlHEDNbae70T1uHSPvqj )

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One Does Not Have To Be Catholic

One does not even have to be religious or overly traditional ..

To see this as losing the culture war.

Satanic worshipers gather in an unprecedented way to demonstrate their foolishness. Detroit is already a perfect example of what happens when evil is portrayed as good, when force masquerades as charity, and now when ‘tolerance’ is used to usher in a perfectly harmless and ‘innocent’ way to throw off the ‘yoke of Christianity.’

These folks really have no idea of what they are doing.

H/T Church Militant

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