“Fitch downgraded $203 million in building authority bonds, $186 million in limited general obligation bonds and $51 million in stadium refunding bonds. … jail boondoggle that wasted $130 million and counting.
Wayne County has a structural debt of $50 million and $40 million more is needed each year to bring its pension system back – the underfunding accounts for about 70 percent of the long-term debt of $2.9 billion.”
Retired [Chose not to seek re-election] Michigan Sen. Carl Levin said Monday he is joining a Detroit law firm as senior counsel and will advise businesses on government investigations.
Levin, 80, who was the longest [self]-serving senator in Michigan history after serving [occupying] six terms, will join Honigman Miller Schwartz and Cohn LLP in April as senior counsel, the law firm said.
The focus of Levin’s practice at Honigman will “include aiding corporations with internal investigations and crisis management; assisting corporations with social responsibility and compliance issues; and facilitating alternative dispute resolutions and mediations.” Levin will also serve as an advisor to the firm’s Government Relations and Regulatory Practice Group.
Is this what Snyder meant by Rivers of Opportunity?
It costs an average of $1,800 per year for auto insurance in Detroit’s suburbs; it costs about $3,600 within the city limits, Detroit Mayor Mike Duggan said from Motor City Casino [Ilitch family] at the 2014 Detroit Policy Conference Thursday.
“Detroiters can’t afford to make $300 a month in car insurance, in most cases more than their car note, [maybe we should buy them a park to ease their woes?]” Duggan said to the room of business, nonprofit and media leaders. “I’ve spent a lot of time already with the Republican leadership on some ideas on that …[suspect Numero Uno]
“I just want the ability to be competitive on car insurance.”
What that legislation might look like, Duggan wouldn’t say.
“There’s no reason for us to talk about these details,” Duggan said during a media scrum after his on-stage speech, “because I need to get 56 reps and 20 senators to agree to them and I just as soon do it with them and not announce the details here, so no disrespect.”
Looks like our little green friend in Detoilet is still hungry but, oh sure, why not? Just for Snyder’s inaugural party MC carpetbagger mayor buddy, let’s call the legislation: “Grand” bargainAuto Insurance.
Sorry, Progressive is already taken. But, ya, that’s the ticket, Mayor Mike. You know, the old saying is true: the more things allegedly change in Michigan, the more they stay the same.
Has anyone else been left out of getting a cut of the Detroit bailout? If so, please leave suggestions in comment.
“Our review … identified 48 of 92 [52%] expired warranty projects that needed corrective action,” the report said. “As of June 30, 2014, 24 of the warranties had been expired for over one year without MDOT having addressed the corrective action.”
MDOT said it agrees with all six recommendations made by the auditor general and is taking action to improve its system of monitoring and enforcing warranties.
“By October 2015, MDOT, in working with the Department of Attorney General, will develop a procedure for non-responsive contractors that have been notified to perform warranty work,” the department said in part of its response to the audit.
But the auditor noted that similar issues were raised in an earlier audit, released in 2010, and at that time the department said it would “strengthen its procedures to assure the completion of inspections.”
The other is if it’s one who is in the big spending Democratic Party calling for tax hikes and bogus *transportation* funding, AG Schuette will fake having a pair in the name of rah-rah go Team R nonsense. However, if it’s AG Schuette’s teammates who call for a $2,000,000,000 constitutional amendment tax hike and bogus *transportation* funding? Nope. Not so much as a peep. I know, old story. Constitution schmonstitution. It’s all just doubleplusgood speak.
“I will not tolerate companies that seek to take advantage of Michigan citizens and get rich on the backs of hard-working entrepreneurs through trickery and deception,” Schuette said in a statement.
Money quote? “Murray [a JournoList-esque hack] replied that he could not respond by this report’s deadline. Calley’s office has yet to respond.”
allah Shazam! Don’t hold your breath, Mr. Spencer, as Lt. Lapdog appears preoccupied with a family *matter*. And, as J-man, in comments, points out another issue surrounding the Republican Party’s big spending, nanny statist, corporate Nerd, well, with regard to Ruth Johnson, any future political aspirations she may have had are toast.