“Decisions have consequences” as told in the newest movie by FTR productions & MrSmithMedia.
Rick snyder is about to give away $350 Million in taxpayer money to ‘save’ the DIA. Not because Michiganians around the state made the mistake of financial mismanagement, but because of continually unaddressed cronyism, criminality and fraud within Detroit, and its leadership.
The Documentary addresses Detroit, the auto bailouts, and the reasons things have gone terribly terribly wrong. It will offer a precautionary tale for those who might wish to follow Rick Snyder down the continual slippery sloped that is Detroit, Michigan.
It premiers next week in Washington DC, and then will be available on Youtube. Watch the teaser below!
By Michael Lafaive
The recent announcement that philanthropic foundations may donate $330 million to help the Detroit Institute of Arts, which would also help city pensioners avoid the consequences of Detroit government mismanagement, sounds like great news.
Unfortunately, there may be a hook: A requirement that the state treasury contribute, which would convert voluntary private generosity into a coerced taxpayer bailout.
A state bailout of Detroit is a terrible idea. It creates moral hazard and adds to the overly generous financial support the city has for years received from state taxpayers.
Some of the ideas are familiar, but limited in ways typically embraced by establishment Republicans.
Rand Paul’s visit to Detroit was precipitated by a conference call being reported by the Detroit News. In it, Senator Paul speaks of enterprise zones, with taxes so low as to “bail yourselves out”. Adding to this an loosened visa incentive for a flow of foreign “entrepreneurs” into the city.
Paul, widely considered a 2016 potential presidential candidate, said he will introduce legislation Monday to create “economic freedom zones” by dramatically lowering taxes in depressed areas and loosen visa rules to encourage foreign entrepreneurs to immigrate to the city.“We hope to create taxes so low you essentially are able to bail yourselves out,” Paul said Thursday in a conference call outlining his plan.
So now instead of “jobs that Americans don’t want to do,” perhaps we will be talking about cities that Americans don’t want to live or work in.
I wonder how that would work?
Maybe something like this?
“Mr Chen, you are welcome to stay, invest, develop, and work in our country. However, you are limited to this particular region. If for some reason you are not satisfied there, I guess you are out of luck.”
Or in other words,
“Welcome to the Hotel Detroit. Love it, or get the hell out of our country..”
Right, somehow I can’t see THAT happening.
Which of course begs the question of what happens to those who emigrate, and decide to move somewhere a little safer than Baghdad of Michigan? When “loosening visa requirements,” it seems that a genie let out is a little hard to stuff back in the lamp. Its hard to imagine ‘restrictive’ movement placed on those who simply seek a better life, and upon finding out that Detroit is no better than the hole they left, it is highly likely that they will indeed “seek” such a place.
And it seems we have heard those words about foreigners feeling welcomed before.