120 search results for "bailout"

Michigan Politics

Republicans Collaborate With Left-Wing Liberals Against Conservatives and Tea Party

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Amelia Island Ritz HotelAmelia Island in Florida is the gathering “Hot Spot” for the Political Elitist, Lobbyists, Big Labor, and the Republican leadership that all use this “chic” location to collaborate defeating conservatives and the Tea Party Patriots.

The Republican Main Street Partnership’s offshoot “Main Street Advocacy” is one such group that host these events at the Ritz Carlton on Amelia Island.

The “Main Street Partnership.” is just one of the D.C.-based outfits started by lobbyist Steve LaTourette.

The group has made it its mission to come after constitutional conservatives and to back big-government puppets. As late as 2007, Mitt Romney was a member of the Republican Main Street Partnership.

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All the Other Stuff, Conservative News, Cronyism, Democrats, Detroit, Elections, Michigan Politics

Rick Snyder tells Michigan Taxpayers (living outside of Detroit) to go spin on it.

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This story is certainly getting very little attention across Michigan.

I just cannot imagine why?

After living large from the public trough for decades, using the same pubic treasury to pay hush money in order to avoid embarrassing behavior from the public spotlight, money from the public treasury going to businesses that have bought off city council votes and getting a disproportionate share of a myriad of breaks and special carve-outs from Lansing during all that time (and I’m just starting here), Governor Snyder is going to play the crony capitalist game one more time and put Michigan Taxpayers on the hook again.

 

{Continued below the fold}

 

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Democrats, Detroit, Michigan, Michigan Politics, Opinion

When is a hate crime not really a hate crime.

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Detroit, Michigan – During an unprecedented show of civic unity, community activist groups and civil rights organizations in conjunction with the Detroit Police Department made their strong presence known this weekend during a recent sweep apprehending all of the individuals involved in the brutal assault and robbery of a suburban motorist last week.

Taking part in this weekend’s events was civil rights activist Rev. Jesse Jackson along with his Rainbow-PUSH Coalition. “We are here to fight for the dignity and integrity of all Americans. No one should have to suffer for doing the right thing,” said Jackson after visiting the victim’s family at St. John’s Hospital.

Also taking part was the Rev. Al Sharption. Host of nationally syndicated “Keepin’it Real” and “Politics Nation” along with his National Action Network.  While watching the last of the assailants being taking away in a squad car, Sharpton said, “I cannot imagine how an upstanding, hardworking father of three, is beaten to within an inch of his life by thugs and hooligans simply for stopping and doing what any decent human being would do.”

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Conservative News, Detroit, Elections, Michigan Politics

Where is the Money From Public Act 95 of 2013 Going?

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Serious question when those in Lansing just performed government sanctioned theft of $60 million dollars (includes $10M gamed from .FEDGOV). Why is this going on anywhere?

Be careful how you answer that because it sure as Hell is not giving me a warm and fuzzy feeling that the Progressive Nerd’s non-bailout bailout schemes is spending another $350M in tax dollars.

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Michigan Politics

Crony Capitalism Keeps Rolling along as Michigan Taxpayers Take the Hit

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The new Red Wings Arena has been approved to be stolen from the taxpayers and I mean “all” taxpayers of Michigan not just Detroit because first off Detroit doesn’t have any taxpayers to speak of. Remember Governor Snyder has pledged 350 Million of Michigan taxpayers money to “Bailout” Detroit and the DIA.

The construction of the arena itself would be about 60% publicly funded. No Detroit general fund dollars would be spent; the state (taxpayers) is contributing the bulk of the public investment. Through the “failed” MEDC and Governor Rick Snyder who is an advocate for the deal, which will use “bonds” from the Michigan Strategic Fund one of numerous subsidiaries of the quasi government entity the un-elected MEDC.Arena New Red Wings

A quick refresher course on the definition of “Bonds” where the taxpayers are concerned. The seller of these “Bonds”, in this case the state of Michigan (we taxpayers) are the borrowers, the buyers of these bonds are essentially the lenders. Sounds a lot like a Bank doesn’t it?

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Cronyism, Detroit, Michigan, Michigan Politics, Rent Seeking

Bankrupt – The Movie

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Detroit.

Cronyism, corruption, bailouts, favored status, confiscation through eminent domain, picking winners and losers.  Sound familiar?

This documentary premiered yesterday in Washington DC, and offers some historic perspective to the decline of Detroit.

Perhaps even, an explanation (a warning) of what is to come next, as long as we allow our governments to engage in corporatism; a way in which our taxpayers dollars are funneled into the pockets of special interests  and how corruption has abused Detroit, providing little benefit to those paying the bills. At one point Thomas LaDuke makes a great point about not questioning “people’s heart or motives,” but his frustration of how city residents don’t actually see how the city has been run.

Enjoy

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Conservative News, Elections, Michigan Politics, Philosophy, Republicans

Winning Our Future

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By now, migrating readers of sunsetting RightMichigan are probably familiar with the Michigan Republican Party’s obsession with destroying Conservatives within their “all inclusive” endeavors.

It’s unfortunate and disappointingly true, that the Left’s agenda has crept deeply into the Grand Old Party. Instead of explaining WHY a large Welfare State is not healthy for the individual as well as their families, some Republican legislators are following the pied piper Nerd of Ann Arbor and are growing it. Instead of Reminding us of the Party’s stated mission that high taxes are destructive to economies, some Republican lawmakers wish to fiddle with drastic increases in Use Taxes instead of correcting poor existing allocations. Instead of ‘True love’ as an answer to gross mismanagement for decades, Detroit leadership’s irresponsible behavior would instead be rewarded by a Republican Governor who pretends a bailout of hundreds of millions of dollars is .. well .. somehow not a bailout. The same Republican governor who advocated transparency in his campaign, but vetoed a 100% UNANIMOUS bill demanding transparency; a condition that could be effortlessly over ridden, yet forgotten by Republican and Democratic leadership in both houses.

Add to this, Republican Party leadership who in the face of all this remained mute, leading us to believe there was no problem? That Republican Principles as stated, were doing just fine. That no diametric anomaly was present, and all was well?

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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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