$27 million in tax incentives approved for new Detroit office tower | Crain's Detroit Business:
"Developers of a proposed $111 million office building in Detroit received approval Wednesday for $27 million in tax incentives.
The board of the Detroit Brownfield Redevelopment Authority voted Wednesday afternoon during a meeting at the Guardian Building to approve the incentives for the 320,000-square-foot office building on the Monroe Block, bounded by Monroe, Bates and Farmer streets, Woodward Avenue and Cadillac Square.
The brownfield incentives won't be awarded until after the building is constructed.
Construction of the development by Livonia-based Schostak Bros. & Co. "
Thursday, September 26, 2013
Obamacare fiscal jihaad against marriage: The New Federal Wedding Tax
The New Federal Wedding Tax: How Obamacare Would Dramatically Penalize Marriage:
"One bizarre feature of the Senate-passed health care bill is its pervasive bias against marriage.
Under the bill, couples would face massive financial penalties if they marry or remain married.
Conversely, couples who cohabit without marriage are given highly preferential financial treatment.
If the Senate bill becomes law, saying “I do” would cost some couples over $10,000 per year."
"One bizarre feature of the Senate-passed health care bill is its pervasive bias against marriage.
Under the bill, couples would face massive financial penalties if they marry or remain married.
Conversely, couples who cohabit without marriage are given highly preferential financial treatment.
If the Senate bill becomes law, saying “I do” would cost some couples over $10,000 per year."
Military commanders investigated for mishandling Army’s ‘lost’ Medal of Honor nomination
Military commanders investigated for mishandling Army’s ‘lost’ Medal of Honor nomination | McClatchy
Petraeus, based in Kabul, commanded the U.S.-led international force in Afghanistan in the summer of 2010, when Swenson’s original Medal of Honor packet – the telephone book-size package of sworn witness statements, maps and other documents supporting the nomination – went missing.
Every electronic copy of the packet also disappeared from U.S. military computer systems, except for an incomplete version that was found on a classified network.
......But according to an Aug. 4, 2011, Memorandum of Record obtained by McClatchy, the “informal” investigation failed to pinpoint the reason why Swenson’s paperwork disappeared.
Moreover, the probe was closed despite uncovering evidence of a possible attempt to kill Swenson’s award through an improper downgrade to a Distinguished Service Cross.
$5.25 Million for Senate Hair Care and 21 Other Ways Politicians Are Living the High Life at Your Expense
$5.25 Million for Senate Hair Care and 21 Other Ways Politicians Are Living the High Life at Your Expense : Freedom Outpost:"In fact, just the other day Nancy Pelosi insisted that there were "no more cuts to make" to the federal budget."
Keep in mind that there are only 100 U.S. Senators, and many of them don't have much hair left at this point."
"Fat, drunk and stupid is no way to go through life, son.."....... well it is sure gettin' popular.......
Truly "Exceptional" And Dumber Than Ever: Verbal SAT Scores Plunge To Fresh Record Low | Zero Hedge:"Having followed this tragic development year after year, it is amazing that we are still surprised by what the chart below shows, yet here we are: surprised.
Although judging by recent social, fiscal and monetary developments (and the complete lack thereof as the same old broken approaches are tried with a lunatic's intensity and an idiot's resolve that this time will be different), we can certainly believe it.
In brief: another year, another record low for the average verbal SAT score, and another sad achievement for a nation that is getting fatter, dumber and ever more in debt."
Shock report! Detroit stole its way to bankruptcy!
Detroit Spent Billions Extra on Pensions - NYTimes.com:"Detroit’s municipal pension fund made payments for decades to retirees, active workers and others above and beyond normal benefits, costing the struggling city billions of dollars and helping push it into bankruptcy, according to people who have reviewed the payments.
The payments, which were not publicly disclosed, included bonuses to retirees, supplements to workers not yet retired and cash to the families of workers who died before becoming eligible to collect a pension, according to reports by an outside actuary and other people with knowledge of the matter.
How much each person received is not known. But available records suggest that the trustees approving the payments did not discriminate; nearly everybody in the plan received them.
Most of the trustees on Detroit’s two pension boards represent organized labor, and for years they could outvote anyone who challenged the payments."
Wednesday, September 25, 2013
FHA financially DOA.
The Federal Housing Administration may need a bailout:
"The Federal Housing Administration, weighed down by losses on souring loans, will likely need a cash infusion from the U.S. Treasury for the first time in its nearly 80-year history when the current budget year ends, according to sources familiar with the matter."
"The Federal Housing Administration, weighed down by losses on souring loans, will likely need a cash infusion from the U.S. Treasury for the first time in its nearly 80-year history when the current budget year ends, according to sources familiar with the matter."
Government binges on taxpayer drunkenness,
Census: State and Local Income, Sales, Motor Fuel, Motor Vehicle, and Alcoholic Beverage Taxes Hit All-Time Highs in 2nd Quarter | CNS News:
" Revenues from state and local individual income taxes, general sales and gross receipt taxes, motor fuel taxes, motor vehicle taxes and taxes on alcoholic beverages each hit all-time highs in the second quarter of this year, according to data released today by the Census Bureau."
" Revenues from state and local individual income taxes, general sales and gross receipt taxes, motor fuel taxes, motor vehicle taxes and taxes on alcoholic beverages each hit all-time highs in the second quarter of this year, according to data released today by the Census Bureau."
Obama’s UN Declaration: ‘The World Is More Stable Than It Was Five Years Ago’-Clarifies "I meant my golf world"........
PJ Media » Obama’s UN Declaration: ‘The World Is More Stable Than It Was Five Years Ago’:
"President Obama gave a meandering defense of U.S. policy before the United Nations General Assembly in New York today, capped by declarations of wiggle room on key issues such as Iran as he directed Secretary of State John Kerry to begin dialogue with new “reformer” Iranian President Hassan Rouhani.
......He even declared that al-Qaeda had still been damaged even after rattling off recent terror attacks, and boldly proclaimed “the world is more stable than it was five years ago” — just before acknowledging that “a glance at today’s headlines indicates that dangers remain.”"
"President Obama gave a meandering defense of U.S. policy before the United Nations General Assembly in New York today, capped by declarations of wiggle room on key issues such as Iran as he directed Secretary of State John Kerry to begin dialogue with new “reformer” Iranian President Hassan Rouhani.
......He even declared that al-Qaeda had still been damaged even after rattling off recent terror attacks, and boldly proclaimed “the world is more stable than it was five years ago” — just before acknowledging that “a glance at today’s headlines indicates that dangers remain.”"
Goats in Detroit? Councilman explores new way to address unruly lawns-Unions complain recruitment efforts going baaaaaadly........
Goats in Detroit? Councilman explores new way to address unruly lawns | MLive.com:
"It's been proven to save money and it's an inventive way to address some issues that we all have," Tate said."
"It's been proven to save money and it's an inventive way to address some issues that we all have," Tate said."
Obama’s handshake a ‘kiss of death’
Obama’s handshake a ‘kiss of death’ | New York Post:
"Two years after Obama shook hands with Libyan dictator Moammar Khadafy at the G-8 summit in Italy in 2009, Khadafy was dead, tortured and killed by foes after a 42-year reign of terror.
In May 2011, Obama shook hands with Venezuelan President Hugo Chavez at the Summit of the Americas in Trinidad — and just this past March, the communist leader died of cancer.
Egyptian despot Hosni Mubarak shared a handshake with the Leader of the Free World at the White House in September 2010.
The ailing 85-year-old former president is now under house arrest in a military hospital outside Cairo."
"Two years after Obama shook hands with Libyan dictator Moammar Khadafy at the G-8 summit in Italy in 2009, Khadafy was dead, tortured and killed by foes after a 42-year reign of terror.
In May 2011, Obama shook hands with Venezuelan President Hugo Chavez at the Summit of the Americas in Trinidad — and just this past March, the communist leader died of cancer.
Egyptian despot Hosni Mubarak shared a handshake with the Leader of the Free World at the White House in September 2010.
The ailing 85-year-old former president is now under house arrest in a military hospital outside Cairo."
Gore Wrong As Arctic Ice Cap Grows By Million Square Miles In Year
Gore Wrong As Arctic Ice Cap Grows By Million Square Miles In Year - Investors.com:
"A 2007 prediction that summer in the North Pole could be "ice-free by 2013" that was cited by former Vice President Al Gore in his Nobel Peace Prize acceptance speech has proven to be off . .. by 920,000 square miles.
But then Democrats have never been good at math — or climate science."
"A 2007 prediction that summer in the North Pole could be "ice-free by 2013" that was cited by former Vice President Al Gore in his Nobel Peace Prize acceptance speech has proven to be off . .. by 920,000 square miles.
But then Democrats have never been good at math — or climate science."
Disability Insurance Trust Fund Nears Insolvency-Senate moves to redefine "insolvency".
Disability Insurance Trust Fund Nears Insolvency | Mercatus: "Data from the 2013 Trustees Report show that the disability fund is currently predicted to be three years from insolvency. "
Wayne State forfeits state funding- Coconspirators giddy!
14 of Michigan's public universities to benefit as Wayne State forfeits state funding | Detroit Free Press | freep.com:
"Wayne State University’s 8.9% tuition hike, which violated a tuition increase cap put in place by the Legislature, will benefit Michigan’s other public universities as they now divide funding that would have gone to WSU.
State Budget Director John Nixon formally notified WSU on Sept. 10 that it was forfeiting $534,700 in performance funding.
That money, in turn, was divided among the other 14 public universities.
....But at Wayne State, the lost state money is far less than the university is getting from its tuition hike.
The increase, which is 5.15% higher than the state limit, is expected to generate around $7 million in additional revenue this year, WSU spokesman Matt Lockwood said."
"Wayne State University’s 8.9% tuition hike, which violated a tuition increase cap put in place by the Legislature, will benefit Michigan’s other public universities as they now divide funding that would have gone to WSU.
State Budget Director John Nixon formally notified WSU on Sept. 10 that it was forfeiting $534,700 in performance funding.
That money, in turn, was divided among the other 14 public universities.
....But at Wayne State, the lost state money is far less than the university is getting from its tuition hike.
The increase, which is 5.15% higher than the state limit, is expected to generate around $7 million in additional revenue this year, WSU spokesman Matt Lockwood said."
Union collaborator of indeterminate gender gets new job.
Interim Wayne State Provost Margaret Winters gets job through 2015 | Crain's Detroit Business:"Winters, .....was lead management negotiator through months of contentious bargaining with the American Association of University Professors-American Federation of Teachers Local 6075.
The talks led to a controversial eight-year labor contract with Wayne State's faculty union."
Rainbow of voters: More than 7,000 Forest Hills students create ArtPrize voter tsunami.
Rainbow of leaves: More than 7,000 Forest Hills students create ArtPrize entry | MLive.com:
"While ArtPrize draws artists from all over the world, more than 7,000 are right in West Michigan schools – and all in one entry."
These 7000 "artists" won't affect the ArtPrize voting......... right?
"While ArtPrize draws artists from all over the world, more than 7,000 are right in West Michigan schools – and all in one entry."
These 7000 "artists" won't affect the ArtPrize voting......... right?
Shocking! Government simplifies and combines words "lie and cheat" into "Oversights". Linguists and media charmed.
Michigan Strategic Fund under fire over incomplete, overstated data on job creation | MLive.com:
"LANSING — The Michigan Strategic Fund is under fire from both Republicans and Democrats after an audit report found it gave the Legislature incomplete and overstated data on jobs created from business incentive programs.
A report released Tuesday by Michigan's Auditor General found that the MSF, part of the taxpayer-supported Michigan Economic Development Corp., hasn't been verifying that certain grant recipients are meeting program requirements or creating the jobs they promised.
Those "oversights" led to overstated jobs figures in its annual Legislative report."
"LANSING — The Michigan Strategic Fund is under fire from both Republicans and Democrats after an audit report found it gave the Legislature incomplete and overstated data on jobs created from business incentive programs.
A report released Tuesday by Michigan's Auditor General found that the MSF, part of the taxpayer-supported Michigan Economic Development Corp., hasn't been verifying that certain grant recipients are meeting program requirements or creating the jobs they promised.
Those "oversights" led to overstated jobs figures in its annual Legislative report."
A Giant in the Global Warming Farce, David Suzuki, Doesn’t Know Anything About Anything
iOwnTheWorld.com » Blog Archive » A Giant in the Global Warming Farce, David Suzuki, Doesn’t Know Anything About Anything:
"This is stunning.
One of the darlings of the climate change movement is a clueless jackass.
This interview is ridiculous."
"This is stunning.
One of the darlings of the climate change movement is a clueless jackass.
This interview is ridiculous."
Kid sees, grabs hooters-wrecks artist's "elements of the human body".
ArtPrize entry damaged when child accidentally knocks over ceramic figures | MLive.com:
"The voluptuous figures, which were placed on four wooden benches, are meant to evoke subtle elements of the human body, according to VanCamp's artist statement."
"The voluptuous figures, which were placed on four wooden benches, are meant to evoke subtle elements of the human body, according to VanCamp's artist statement."
Detroit utilizing You Tube to maintain reputation-"Flint ain't nottin dude!"
Private-Public-Partnership scam creates opportunity for American innovation
Markets in everything: Another college textbook alternative and the “airbnb for dogs” | AEIdeas:
"McGraw-Hill’s best-selling “Microeconomics” by McConnell, Brue and Flynn (19th edition) is $173.22 on Amazon, and that’s for the paperback version.
In contrast, students can purchase “Principles of Microeconomics” by Timothy Taylor (2nd edition) from Textbook Media Press starting at only $19.95 for the online version of the book or pay $22.95 for the iPad, iTouch and iPhone/Smartphone version. "
"McGraw-Hill’s best-selling “Microeconomics” by McConnell, Brue and Flynn (19th edition) is $173.22 on Amazon, and that’s for the paperback version.
In contrast, students can purchase “Principles of Microeconomics” by Timothy Taylor (2nd edition) from Textbook Media Press starting at only $19.95 for the online version of the book or pay $22.95 for the iPad, iTouch and iPhone/Smartphone version. "
Tuesday, September 24, 2013
French compose skit for "Saturday Night Live" except it ain't a joke.... but it ought to be.......
French Court Orders Flagship Sephora Store Not To Work So Much | Zero Hedge:"There has to be some intangible benefit from this ludicrous court ruling?
Indeed there is.
"Advocates of more-limited hours argue that allowing employees to work late or on Sundays can hurt the country's social fabric, preventing families from spending time together."
And there it is: capitalism's ugly underbelly exposed, risking such disastrous consequences as "hurting a country's social fabric" (the country in question of course being France which with Swiss watch regularity undergoes deadly race and unemployment-motivated riots) and preventing families from clicking on their iPads at dinner time. Together.
Unions opposed to late opening said Monday's ruling vindicated their cause.
"This decision encourages us in our battle," said Eric Scherrer from the CFTC union, part of a group of retail unions that brought the case against Sephora before the courts.
"What those companies are doing is illegal," he said."
Obamacare bill SO bad that simply reading or discussing it now classified as hazardous to lib's emotional health!
Articles: The Wrecking Ball Known as ObamaCare:"It is mindboggling that so many people are totally unaware of ObamaCare, have no interest in discussing it, and are dismissive and rude if someone attempts to have a rational conversation about a law that will drastically change the landscape of this country.This deliberate ignorance continues to beget denial.
....Daily, one learns that ObamaCare is a job destroyer.
The graph here shows that deep cuts to jobs will continue as "ObamaCare kills off at least two percent of the U.S. full-time workforce."
The list of companies cutting hours for workers continues to grow.
Employers seek to keep staff below the 30-hour threshold set by the not-so Affordable Care Act.
Thus, "according to an April survey conducted by the Society for Human Resource Management (SHRM), 41% of 603 small business owners" are delaying hiring.
In fact, "one in five [have] already cut hours, while 20% have reduced payroll."
Majority of democrat voters with accents on welfare.
Majority of illegal (and legal) immigrants are on welfare |:
"This important news was never reported by the mainstream media.
It confirms what many of us instinctively already know.
Although the news is more than 2 years old, I only just discovered it on Judicial Watch. "
"This important news was never reported by the mainstream media.
It confirms what many of us instinctively already know.
Although the news is more than 2 years old, I only just discovered it on Judicial Watch. "
Media annoyed mass murderer isn't white, Palen relative. Petulance preempts publishing!
Why Has The Media Stopped Talking About The Navy Yard Shooter? | American Glob:"The media typically loves stories about people who go on shooting sprees but just a few days after the Navy Yard shooting story broke, no one in the media is talking about it anymore.
Why?
The answer is pretty simple.
The story didn’t fit the media’s preferred gun control narrative."
School "protects" children from child who enjoys toys that most male children like.
Student Suspended For Playing With Airsoft Gun - In His Own Yard | Independent Journal Review:"A seventh-grade student in Virginia has been suspended from school for playing with an airsoft gun.
In his own yard.
As he waited for the school bus.
Worse?
He could be expelled for the rest of the school year."
Delusional lib columnist thinks people enjoy returning dirty, empty pop cans.
Tim Skubick: Michigan DEQ considers changes to popular bottle bill | MLive.com:
"An industry source reveals the bottle folks may be willing to expand the law to include those newly invented containers if the greens agree to the redemption centers.
"An industry source reveals the bottle folks may be willing to expand the law to include those newly invented containers if the greens agree to the redemption centers.
UAW say their shares of Chrysler worth more than anyone will pay. Demand "card check" vote on value.
Chrysler Group files for IPO as Fiat seeks deal to merge automakers | Crain's Detroit Business:
"Marchionne, who is chief executive officer of both Fiat and Chrysler, and the United Auto Workers’ healthcare trust are locked in a dispute over Chrysler’s value.
Fiat is seeking to buy the trust’s stake and merge the two companies to create a global player with the scale to compete with industry leaders Toyota Motor Corp. General Motors Co. and Volkswagen AG.
A stock sale may delay a Fiat-Chrysler merger, Marchionne, 61, said on Sept. 13., adding that the two sides “are not getting closer, but we keep on talking.”"
"Marchionne, who is chief executive officer of both Fiat and Chrysler, and the United Auto Workers’ healthcare trust are locked in a dispute over Chrysler’s value.
Fiat is seeking to buy the trust’s stake and merge the two companies to create a global player with the scale to compete with industry leaders Toyota Motor Corp. General Motors Co. and Volkswagen AG.
A stock sale may delay a Fiat-Chrysler merger, Marchionne, 61, said on Sept. 13., adding that the two sides “are not getting closer, but we keep on talking.”"
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