Detroit

Conservative News, Detroit

Bankrupt – Detroit, Bailouts

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“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!

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Cronyism, Detroit, Michigan

Don’t Bail Out Detroit

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Apparently, there is a caveat to recent ‘good news’ for the DIA.

Reposted from The Mackinac Center for Public Policy in time for Rick Snyder’s State of the state address tonight:

 

Don’t Bail Out Detroit with State Tax Dollars

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.

And it’s unfair.

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Cronyism, Detroit, Michigan, Michigan Politics, Rent Seeking, Republicans

Hellooooo, John Rakolta

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“You’ve heard of the bridge to nowhere?  Welcome to the jail for no one.”

Told ya.  You’re getting warmer, Ross.  However, that jail for no one will be gobbled up by Dan Gilbert for pennies on the dollar.

And, you’ve got a whole gaggle of MI-GOP bootlickers who watched Rakolta line his pockets, main one being, the State AG.  Next question would reasonably be, what did the wife of former State AG (Commissioner Laura Cox) know, and when did she know it?

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