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(9)Nuh Uh.(1)Tag Archive for MEDC
Michigan Politics
That Dog Won’t Hunt
by Jason • • 0 Comments
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(22)Nuh Uh.(2)Conservative News, Detroit, Michigan Politics, Philosophy, Sports
Keeping ’em fat, Dumb, and Happy
by Corinthian Scales • • 1 Comment
Interesting Opening Day snippet about the new “Enhanced Security” clustermuck at billionaire Ilitch’s taxpayer subsidized Amphitheatrum Flavium.
Others, such as St. Clair Shores resident Scott Mitchell, came early to beat the wait.
“If it’s for our safety, I don’t mind it,” he said.
….“I’m OK with it,” said Bryan Collison, 27. “Pretty much anywhere you go now you have to use these.”
….Larry Dewey, 58, wasn’t worried about longer lines, either. Dewey has been to more than 30 Opening Day games and said the change wasn’t that big of a deal.
“Safety first,” the Rochester Hills native said. “Once everyone gets used to it, it will be just like any other game.”
Now, how did Franklin know that what he warned about would be Boomer and Millennial dolts? What a visionary Ben was. If one suspected otherwise one most certainly could assert that the indoctrination is being induced from elsewhere *cough*Public Act 396 of 2012*cough*.
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(13)Nuh Uh.(1)Michigan Politics
The Looting Continues Unabated
by Jason • • 8 Comments
While All Is Not About ONE MAN, This Example Of Pay For Play Is Clear
There is an explanation I have always used for my sincerest dislike of the MEDC, its mission, and how it takes advantage of the taxpayer for political payoff.
“If a business owner finds it necessary to take taxpayer dollars to start, maintain, or expand their enterprise, then that business model is already in trouble. If there is no NEED for the money to survive, then it is simply a matter of theft.”
Its hard to be any clearer than that.
Any politico who uses the term “Jobs created” when discussing the MEDC grants, is trying to justify the stealing that must happen first, and is central to the MEDC program. In the history of subsidizing business, one would think that the predictions of ‘job growth’ with accomplished results would speak for itself. In fact, one might think such mechanisms insofar as they are touted, would make the news at least once a month if not weekly as a raging human interest success worthy of celebration.
You Betcha! (13)Nuh Uh.(2)
(13)Nuh Uh.(2)Conservative News, Cronyism, Michigan
China Benefits from Michigan Taxpayers with our Lansing Legislator’s Help
by rabman13 • • 1 Comment
Taxpayers Lose Again, Fisker Automotive Sold to China’s Wanxiang
Wanxiang bought Fisker’s battery supplier, A123 Systems LLC, last year through a similar bankruptcy sale. A123 and Fisker were both recipients of a controversial U.S. Department of Energy loan program meant to support clean energy technology. Michigan taxpayers also suffered dearly when the quasi UN-elected MEDC give away tax dollars to A123 Systems in taxpayer funded subsidies.
http://www.reuters.com/article/2014/02/18/us-fisker-wanxiang-sale-idUSBREA1H1LM20140218
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(0)Nuh Uh.(0)Conservative News, Cronyism, Michigan Politics, Philosophy
Take Away the Moscow on the Huron Subsidy and What Do They Have?
by Corinthian Scales • • 2 Comments
via Michigan Capitol Confidential
C’mon, a “male” with a hyphenated last name? My, how Progressive…
You Betcha! (3)Nuh Uh.(0)
(3)Nuh Uh.(0)Cronyism, Democrats, Detroit, Rent Seeking, Republicans
Snyder’s Detroit Bailout “Officially” Hemorrhages Our Money
by Corinthian Scales • • 9 Comments
Oh, joy… today makes it “official”.
via Crain’s Detroit
Belle Isle in Detroit is set to officially become Michigan’s newest state park.
The state is taking over the city-owned park under a 30–year lease deal with Detroit Emergency Manager Kevyn Orr.
On Oct. 1, Orr and Gov. Rick Snyder signed a proposed lease of the island to turn it into a state park; Detroit City Council counter-offered with a 10-year lease proposal, which was ultimately rejected by a state panel.
Included in the announcement of the proposed lease was the promise that the state would invest $10 million to $20 million in the park within the next three years.
The move goes into effect today; it’s expected to
save the bankrupt city[cost all state taxpayers] between $4 million and $6 million a year.
Bud Denker of Bloomfield Hills is senior vice president of Penske Corporation and executive vice president of Penske Automotive Group and Penske Performance. Denker joined the Penske enterprise after many years with several Fortune 100 companies including Eastman Kodak Company where he served as vice president of brand and marketing development. Since 2006, he has served as chairman of the Detroit Belle Isle Grand Prix and is also active in many Detroit-based organizations including the Downtown Detroit Partnership and The Parade Company.
You Betcha! (7)Nuh Uh.(0)
(7)Nuh Uh.(0)Conservative News, Cronyism, Democrats, Detroit, Rent Seeking, Republicans
Sundays Sanity: Tax-Exempt Entity and Their Billionaires
by Corinthian Scales • • 4 Comments
For those unaware, the NFL is tax-exempt and also plundering our wallets for a $Billion a year.
Have you ever heard of the old expression, “like placing a diamond on a goats ass” ? Billionaire moochers and looters with their bought off politicians enabling taxpayer funded Flavian Amphitheaters are a good definition of it.
When the Lions and Tigers stadium deal was struck, one newspaper headline headline joyfully proclaimed a “Detroit comeback.” William Clay Ford, Jr., the Lions’ vice chairman, said that being “an integral part of Detroit’s renaissance is an absolute honor of the highest degree.”
And, a short 14 years later, Detroit files for Chapter 9 protection. Brilliant propaganda espoused by, Mr. Bill One playoff win in 56 years Ford Jr., yes?
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(0)Nuh Uh.(0)Cronyism, Elections, Michigan, Michigan Politics, Rent Seeking, Republicans
Obsolescence And The Electoral Hereafter
by Jason • • 8 Comments
We’re thinking Michigan’s 104th district representative Wayne Schmidt doesn’t expect to win Michigan’s 37th state senate seat in 2014.
In fact, he might have had that realization for several months now. Perhaps an angel of mercy descended at that time from the polling pearly gates, because it was in September that Schmidt, authored a bill that has yet to make it out of committee. Schmidt appears to be trying to create a quasi-government highly paid position that will be ‘tailored’ for his haberdashery retail management (suit store clerk) background, and government experience.
“And he’s buying a stairway to heaven …”
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(1)Nuh Uh.(0)Michigan, Philosophy, Rent Seeking
OK, So Lets See The Other Side
by Jason • • 0 Comments
Too often, your local government will have advocates of money-spending that holds out the promise of jobs, or some tangible benefit that can be presented in dollars gained back for the community.
The authors of such fiction typically seek to justify their own positions of employment within that community, and possibly within the government entity itself. Axiomatically however, all of them have a stake in the outcome of the requested spending. They will be asked for, and then will present metrics, or a presumed study of return on investment (ROI) and typically the elected leadership falls for it hook, line and sinker.
A perfect example was during a consideration of funding for the MSU extension office in Grand Traverse County when I was an elected commissioner. County commissioners were given plenty of reading materials by the MSU advocates to show us that for every dollar spent we would see a result of $17 in benefit to the county. The calculations as it turned out were premised on a ‘guess,’ that was then multiplied by a compounding analysis program that is used by MSU intellectuals, that relies on ‘guesses’ for the input variables.
Go. State. .. Yay.
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