Tag Archive for Detroit

This is What Rick Snyder is Bailing Out?

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

You Betcha! (0)Nuh Uh.(0)

Bankrupt – The Movie

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

You Betcha! (0)Nuh Uh.(0)

A Nation Of Takers – Divertere?

The worst part of Rick Snyder’s MASSIVE expansion of the MEDC, and the plans in the works for the rewarding of Michigan business to resettle in Detroit, is that the money comes from elsewhere.

Central planning under ANY pretty name is STILL central planning.

 

This video by AEI is entertaining, and the messaging is spot on.  Any 8 year old could understand, but will our legislators?

You Betcha! (0)Nuh Uh.(0)

Bankrupt – Detroit, Bailouts

“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!

You Betcha! (0)Nuh Uh.(0)

Don’t Bail Out Detroit

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.

You Betcha! (2)Nuh Uh.(0)

Rand Paul’s Folly – Or Snyder/Paul 2016

RandThis Is NOT Your Daddy’s ‘Paul’

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.

You Betcha! (3)Nuh Uh.(0)