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    Tag: Paybacks


    By JGillman, Section News
    Posted on Tue Nov 13, 2012 at 12:57:02 PM EST
    Tags: Michigan, Taxes, Government, Crony Capitalism, A123 Systems, Azure Dynamics, United Solar Ovonics, Evergreen Solar, MEDC, Paybacks, Waste, Fraud, Causes (all tags)

    Its whats for dinner.

    Continually feeding us the economic benefit angle of government intervention in free markets, leaders love to pad the wallets of their best buds in industry. To do so requires a "cause" however,as simply jacking the public treasury for personal gain is abhorrent to those on BOTH sides of the political divide. Climate change has become one of the easiest causes to gather around, because the science is so ambiguous, its been simply easier for governments to act and perhaps err on the side of caution.

    So we promote and enhance business models that are designed to combat climate change with other peoples' money. Also included in these 'causes' is the argument that "new jobs are created" with the development of such technology.  Such was the case with A123 Systems:

    "In 2009, A123 received millions in federal and state funds, for the creation of jobs for Michiganders. Taxpayers  unwillingly, or unwittingly saw their paychecks shrink for promises never realized, and now they may have ultimately subsidized a technology transfer to a competing world power."
    Which in fact is now happening.

    But the cherry in the pie is something even more disturbing.  Adding insult to injury, the failure to produce promised results for taxpayer paid incentives and gratuity is now lining the pockets of the failed executives who apparently understand private public partnerships better than the rest of us.

    Its a place where only the taxpayer loses:

    "The top executives who presided over its failure - and supported the president's cap-and-tax initiatives early in his term - are likely to receive millions of dollars in bonuses, thanks to their scheming earlier this year and a bankruptcy court judge."
    But wait.. there's more.

    Below the fold.

    (1 comment, 619 words in story) Full Story

    Say NO To Bailouts For Unions

    By JGillman, Section News
    Posted on Wed Aug 11, 2010 at 02:35:16 PM EST
    Tags: Pelosi, Teachers, Unions, MEA, paybacks, Crooks (all tags)

    The recent play by Speaker Pelosi to call back legislators for that last bit of "work to be done" was an obvious ploy to satisfy big labor concerns and get those checks written for Democrat candidates that are facing a presumed SLAUGHTER in November.  

    Everyone knows why she did it, but without the proper context, its hard to argue against such things as continuing pay for teachers who are "going to be laid off," or what it might actually cost us in the end.  A look at whether or not teachers might be laid off has been done before by Michael Van Beek in his Series for the Mackinac Center:

    "Finally, union contracts dictate that school districts notify employees of potential layoffs prior to the end of the school year. As a result, many more "just in case" pink slips are issued than the actual number of layoffs. Not surprisingly, the warnings get more attention than their later non-execution. In fact, the actual student-to-employee ratio of 8-to-1 has remained unchanged over the last 10 years."

    In other words the mewling by the MEA generally serves to win its its political game more than the practical ends, as the perennial situation has remained the same for a decade.

    But there is still an issue with the state accepting more in funds from the federal government.

    (1 comment, 467 words in story) Full Story

    A Message To Our Legislators - Beware False Choices


    By JGillman, Section News
    Posted on Mon Feb 01, 2010 at 11:17:27 AM EST
    Tags: Dennis Lennox, Michigan, Postagegate, Franking, Quid Pro Quo, SEIU, paybacks, taxes (all tags)

    The recent hubbub regarding Republican activist, and current Cheboygan County drain commissioner Dennis Lennox and the improper use use of taxpayer funds to provide postage for some campaign greetings sent out begs the clarity of both forethought and hindsight. Clarity, with regard to ALL elected or otherwise government created positions or offices where tax revenue is used to either push an agenda or reward support.  

    Is his act so very different than that of a grant provided for an interested concern that provides feet on the ground for the reelection efforts of a particular party?  Does it stand out so much as a payback to a particular industry that has a long time bias towards promoting "progressive" change?  What of serious policy decisions made on the people's behalf that carries untruths so that it may receive MORE of the peoples money in grants and support for  its scientific research?

    (3 comments, 540 words in story) Full Story

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