Peter Lucido says not necessary. While most lawmakers are cowering in fear lest someone learn how they stand, he is as clear as glass on the issue. In this case, its a $20,000,000,000.00 pile of dough that earns nearly a billion a year? Given the planned obsolescence of such a fund in the wake of ‘insurance reform,’ why on earth would we NOT consider its use for paying down current and immediate needs.
$20 billion? holy guacamole.
Oh and someone stand watch over Rick’s ‘stash’ ok?
SafeRoadsYes! has evidently burned through the $ 8 million plus they received in contributions during the regular reporting period and is now heading towards a $ 9 million cash burn. Hard to tell how much SRY have spent with any exactitude, the latest figures from April 24th show expenditures of $ 7.212 million. But they had a balance of $ 843,482 on that date which is presumably gone or going quickly. Expect more thrilling stunts and stimulating advertising in any event. Their war chest just got reloaded.
The paltry late contribution from MITA, taken together with the outsized contribution from the Detroit Regional Chamber, suggests that MITA is scraping the bottom of their member’s bank accounts. Or that they are employing a new form of campaign contribution concealment, feeding contributions through DRC’s Powering the Economy so contributors’ identities won’t be reported until after the election. Their servants in Michigan’s media reported the outsized involvement of road constructors in pushing Proposal 1 this week and it hasn’t played well with the voting public.
Will the Proposal 1 fight decapitalize Michigan’s road constructors? Will they raise their bids to recoup their political expenditures, further draining Michigan’s road funding? Are MITA and DRC gaming Michigan’s campaign finance laws to avoid any further embarrassing disclosures? Or have we just found out what $ 1.2 billion in additional annual contracts are really worth in profits to Michigan’s road constructors?
With one week until the special statewide election next Tuesday, the Safe Roads Yes ballot campaign is deploying teams of volunteers to call voters and track down unreturned absentee ballots over the proposed constitutional amendment linked to boosting road funding $1.2 billion annually [No it DOES NOT. That is disinformation, Chad.]. The campaign wouldn’t divulge who will be on the bus. [maybe an AFSCME stooge?]
“I don’t care what side you’re on, everyone agrees Michigan’s roads have gone from bad to worse, and they’ve got to get fixed,” said Roger Martin, spokesman for the Safe Roads Yes campaign.