Too Big To Fail

The stage is set for more mis-'appropriations' ..

malfeasanceHow on earth could any legislator demand accountability after voting to pay for the ongoing malfeasance of the DPS?

With a vote of 104-5, the Michigan House of Representatives cleared the deck for the ultimate prize of over $700 Million for continued operations.

Passed 104 to 5 in the House on March 17, 2016, to appropriate $48.7 million to keep the insolvent Detroit school district afloat until the end of the current school year. This is essentially a “down-payment” on a larger bailout package whose details have yet to find a consensus (the House majority wants more education reforms). The bill essentially “borrows” the money from a state account used to pay for college scholarships, and also places the Detroit school district under the same state oversight commission created to oversee the city after its 2014 bailout(see House Bill 5385).
Who Voted “Yes” and Who Voted “No”

we just need to get em to the end of the school year,” right?

Anyone who thinks there will be a plan from the current legislative slurry to fix the fundamental problems with the DPS is lying to themselves.

Even worse, they are lying to the kids who suffer under the inability of the DPS to teach.

You Betcha! (14)Nuh Uh.(0)

  5 comments for “Too Big To Fail

  1. JD
    March 18, 2016 at 8:54 pm

    It will be interesting to see what funds they steal from next as these massive failures strip the emperor's clothes in terms of our treasury.

    You Betcha! (2)Nuh Uh.(0)
    • KG One
      March 18, 2016 at 9:18 pm

      It will be interesting after watching yesterday's "Chaos at the Capitol" battle royale spectacular matchup where the CPA with the MBA readily admitted that he is already spending at least 1/3 of Michigan's projected budget surplus on addressing the Flint water fiasco.

      Sorry hard working Michigan Taxpayers, but your own hard-earned money is sorely needed to fix this "republican's" governor's epic mistakes!

      After his rousing "testimony" where he nearly broke down and sobbed like a baby several times, only a fool would be naïve enough to believe that percentage won't go even higher.

      I wouldn't even be very surprised if he, along with his flying monkeys Meekhof and Cotter, jammed through another tax hike to pay for all of Snyder's mistakes.

      Stay tuned.

      You Betcha! (2)Nuh Uh.(0)
    • JD
      March 20, 2016 at 5:58 am

      ...why raid the treasury...when you can simply take back a former massive corporate giveaway...and still keep your corporate friends happy?
      I love the part where Snyder claims:
      "Well..you know..some people 'like' change..and some don't..so this is the 'normal process' (of screwing you over).."
      http://www.mlive.com/news/index.ssf/2016/03/michigan_auto_insurance_could.html#incart_river_home
      "..$40 here...$40 there...as long as the angry villagers with pitchforks and torches don't show up (and they won't)..we'll be just fine!.."

      You Betcha! (0)Nuh Uh.(0)
  2. Sue Schwartz
    March 20, 2016 at 8:36 am

    Where's Mitt when you need him? He buy's up corporations, sells them off, making millions in the process, displacing anyone in his way--and goes to bed at night. Well Mitt, DPS needs you--$700M is a drop in the bucket to your corp, buy up this corporate school system, sell it off (surely you have friends willing to invest in our children) effectively privatizing the system, you could hire yourself a retired federal judge to oversee this--and if you do it now, there's time for lots of backslapping before the brokered convention you're plotting, and think how everyone will love you. And, if anyone has any doubt where the new gas taxes are going--think two words: Flint, Detroit.

    You Betcha! (2)Nuh Uh.(0)
  3. Corinthian Scales
    March 21, 2016 at 11:11 am

    {yawn}... float the debt. 2/3rds of it is undischargeable in bankruptcy, anyway. Quit blaming the schools.

    http://www.cnn.com/2015/06/21/us/detroit-birthday-party-shooting/

    #SnitchesGetStitches

    There's one of the problems.

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

Leave a Reply

Your email address will not be published.