Tag Archive for Bailouts

Conservative News, Cronyism, Elections, Michigan Politics, Rent Seeking, Republicans

Look to David Kroll in the 90th District

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Just happened across this little blurb in mLive, and talk about a vicious circle of dysfunction.

A Holland woman who was a Washington, D.C., aide to former U.S. Rep. Pete Hoekstra is running for state House in the 90th District.
….

The seat is currently held by state Rep. Joe Haveman, R-Holland, who cannot seek re-election due to term limits.
….

Garcia said. “With term limits, we can’t afford to have somebody learn the ropes (before they get to work).”
….
Daniela Garcia planned to announce her candidacy for the Republican nomination Friday, Feb. 7, at Alpenrose Park, 4 E. 8th St. in Holland, with Hoekstra in attendance. She joins a field that has five other candidates.
…..

She is the daughter of former Holland schools superintendent Frank Garcia [collected pension age 54].
Garica worked with U.S. Rep. Mike Rogers and during Hoekstra’s last two years in Congress [snip]

Is anything above really something to boast about? Let’s refresh our memories on Pete Hoekstra.

Folks, you have an opportunity for better in the 90th District, and his name is David Kroll.

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Conservative News, Cronyism, Democrats, Elections, Michigan, Rent Seeking, Republicans

This is What Rick Snyder is Bailing Out?

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via WXYZ

So, this is what Snyder, Richardville, and Bolger, are peddling as their $350M “Grand Bargain”. Got it. And, Oakland County you sure know how to pick winners too.

“That is why it was a no-brainer when I supported a vote on the DIA millage in 2012. More than 63% of Oakland County voters agreed with me. And a majority of voters in Wayne and Macomb did, too.” – L. Brooks Patterson 01/19/2014

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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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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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