Michigan Lawmakers Giveaway over $7 Billion in Subsides

Taxpayer Funded Business Subsidies: Profits & Tax Breaks for them “Higher Taxes” for us Citizens

Business Subsidies or Road Tax Increase? In May you will decide at the Ballot Box. What do Lansing lawmakers do when they commit “grand theft” of our road fund monies on subsidies for economic development instead of on Michigan roads?

They let the taxpayers hang themselves by voting on a ballot proposal “tax increase” holding our roads hostage if we don’t vote yes.

The MEDC is like a bad movie titled, Michigan Taxpayers Subsidize the Wealthiest Businesses or how Michigan Taxpayer Funded Subsidies supply funds for Corporation profits.

“These subsidy awards are getting out of control,” said Philip Mattera, research director of Good Jobs First and principal author of the report.

http://www.wcpo.com/money/local-business-news/new-study-ranks-ohio-third-in-the-award-of-large-public-subsidies-for-company-expansion

Jennifer Granholm pursuing Toyota engineering center Economic Money

In 2005, Toyota landed a $38.9 million tax credit from the Michigan Economic Development Corp.’s Michigan Economic Growth Authority (MEGA) board to fuel the expansion of its technical center in York Township.

http://www.annarbor.com/business-review/bob-lutz-criticizes-jennifer-granholm-for-pursuing-toyota-engineering-center/

Michigan Taxpayers Pony Up Subsidies for Toyota…Yet Again!

What’s the old saying, third times a charm? In this round of taxpayer funded subsidies The Michigan Strategic Fund has awarded the automaker another $4 million. In addition to this subsidy, Toyota received a State Education Tax Abatement with an estimated value of about $1.3 million.

http://www.detroitnews.com/story/business/autos/foreign/2014/12/18/toyota-invests-ann-arbor/20580241/

MEDC Approves Incentives for Toyota

The Michigan Economic Development Corporation announced that Toyota has been awarded $4 million. York Township is additionally considering approval of local incentives in the form of a 12-year property tax abatement that could save the company up to $4.6 million.

The project was secured through a collaborative effort involving MEDC, York Township and Snyder’s Ann Arbor SPARK.

http://www.economicdevelopmenthq.com/blog/michigan-economic-development-incentives-toyota-jobs/

One of Ann Arbor SPARK board of directors are: Charles Gulash, vice president, Toyota Motor Engineering & Manufacturing. Can you say conflict of interest?

http://www.annarborusa.org/about-us/news/SPARK-announces-new-board

This isn’t the first incentive dance Toyota has been to. In 2008 as a Campaign Manager for a State Rep. candidate I attended a meeting with him in York Township and he spoke at that meeting against the first subsidy. The promise then was 400 jobs that never materialized!

Toyota said it plans to build a new facility on its Michigan campus “subject” to final approval of state and local “incentives” to accommodate the 250 workers. That subject to “local incentives” is code word for us the Michigan taxpayers who will pony up through the “failed” MEDC just mark my words!

http://www.freep.com/article/20140428/BUSINESS01/304280056/toyota-moving-texas-los-angeles

Toyota moves bolster Michigan Tech Center with Taxpayer money

http://www.detroitnews.com/article/20140428/AUTO0104/304280038/0/auto01/Toyota-shift-North-American-HQ-Texas-add-jobs-Michigan

Toyota moves thousands of jobs from socialist California to capitalist Texas

Why not the “Comeback State” Michigan? I’ll tell you why it’s no different than California! Michigan will get 250 jobs in Snyder’s Ann Arbor if the taxpayer subsidies are sufficient which they already received in 2008.

http://winteryknight.wordpress.com/2014/04/29/toyota-moves-thousands-of-jobs-from-socialist-california-to-capitalist-texas/

Toyota & 5,000 Jobs to Leave California for Texas

http://thepeoplesrepublicofcalifornia.blogspot.com/2014/04/toyota-5000-jobs-to-leave-california.html

Take a look at the incentives Toyota received from different state and local offices to locate their plant in certain locations. From Wikipedia: Toyota has received a little over a billion USD in federal, state, and local government tax subsidies and incentives including: * $323.9 million in subsidies for the plant in Tupelo from Mississippi taxpayers. * $371 million in subsidies for the Georgetown plant from Kentucky taxpayers. * $227.5 million in subsidies and tax incentives for the Tundra plant by Local, Texas, and U.S. taxpayers.

Michigan has the most megadeals, with 29, followed by New York with 23; Ohio and Texas with a dozen each; Louisiana and Tennessee with 11 each; and Alabama, Kentucky and New Jersey with 10 each.

“Megadeals” are defined as taxpayer funded incentive packages (subsidies) worth more than $75 Million. This does not include those subsidy giveaways under the $75 Million benchmark such as the Film and Movie Producer subsidies given away here in Michigan or smaller business subsidies.

In dollar terms, New York is spending the most, with megadeals totaling $11.4 billion. Next is Michigan with $7.1 billion, followed by five states in the $3 billion range: Oregon, New Mexico, Washington, Louisiana, and Texas. Twenty-one states have megadeals costing $1 billion or more.

Some of the deals involve little if any new-job creation; indeed, one in ten of the deals involve the mere relocation of an existing facility, often within the same state and sometimes within the same metropolitan area. Some of these retention deals were granted in so-called “job blackmail” episodes.

The La-Z-Boy Corporation in Monroe pulled one of these so-called “job blackmail” episodes when it threatened to move out of Monroe unless the taxpayers of Michigan provided subsidies for building their new headquarters, the MEDC caved and awarded then up to $12.7 Million in taxpayer money.

La-Z-Boy Awarded $3.7 Million “Plus” from The Michigan Strategic Fund

Furniture maker plans to build a new world headquarters in Monroe after state approval this week on a $3.7 million incentive package. This “taxpayer funded” package could be worth $12.7 million over nine years when the package’s grants and tax breaks are combined and that is contingent on La-Z-Boy adding 50 jobs.

Dan Swallow, director of economic and community development for Monroe, said the two grants and the tax abatement were paramount to keeping La-Z-Boy fully committing to staying in Monroe. The company had stated it would remain in Monroe if everything could be worked out, but if it couldn’t, it might be forced to go to another county or state.

http://www.toledoblade.com/Retail/2012/12/21/La-Z-Boy-a-big-step-closer-to-new-headquarters-Michigan-OKs-3-7M-aid-for-50M-project.html

Right after La-Z-Boy got our tax dollars the company reported third-quarter profits that soared. Michigan-based La-Z-Boy said Tuesday its operating income was up 37 percent in the fiscal 2013 third quarter, to $23.3 million, compared with $17 million in the same quarter of 2012. The company ended the quarter with $112 million in cash and equivalents.

http://www.prnewswire.com/news-releases/la-z-boy-reports-fiscal-2013-third-quarter-results-191882971.html

Are corporate subsidies worth the money? 

http://www.cbsnews.com/news/are-corporate-subsidies-worth-the-money/

History of the MEDC: The Michigan Economic Development Corporation (MEDC) was started by Republican Governor John Engler expanded by Democrat Governor Jennifer Granholm and put on steroids by Governor Rick Snyder.

The Michigan Jobs Commission (MJC) By Joseph P. Overton and Aaron Steelman, published on April 1, 1996

https://www.mackinac.org/5327

Study: Michigan Economic Development Corporation Published on May 4, 2004 (Now Part of The Department of Labor and Economic Growth)

http://www.mackinac.org/6561

A Brief History of State Economic Development By Michael D. LaFaive, published on Oct. 6, 2005

http://www.mackinac.org/7375

THE LOCAL DEVELOPMENT FINANCING ACT – Act 281 of 1986

http://www.legislature.mi.gov/%28S%28iwwxm445lieanr555ydmnd2v%29%29/mileg.aspx?page=GetObject&objectname=mcl-Act-281-of-1986

Governor John Engler appoints Board of Directors for the new Michigan Economic Development Corporation. The two most notable board members are Governor John Engler (general chair); Rick Snyder, Avalon Investments, Inc., Ann Arbor (chair)

http://www.michiganbusiness.org/press-releases/engler-appoints-board-for-new-michigan-economic-development-corporation/

Rick Snyder’s two Venture Capital Companies Avalon Inc. hit with liens for unpaid taxes

http://www.annarbor.com/business-review/rick-snyders-venture-capital-companies-hit-with-liens-for-unpaid-taxes/

John Engler assumes leadership as Business Roundtable Preesident. Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote crony public policy.

http://businessroundtable.org/engler

Economic Development Subsidies Report Megadeals: By Philip Mattera and Kasia Tarczynska with Greg LeRoy. “Megadeals” are defined as taxpayer funded incentive packages (subsidies) worth more than $75 Million. This does not include those subsidy giveaways under the $75 Million benchmark such as the Film and Movie Producer subsidies given away here in Michigan or smaller business subsidies.Economic Subsidies by State 1

Click “Full report” in the link below to view how over $7 Billion of your tax dollars has been wasted on subsidies here in Michigan since 1986.

http://www.goodjobsfirst.org/publications/megadeals-largest-economic-development-subsidy-packages-ever-awarded-state-and-local-go

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Detroit Bailout Leaves Michigan Taxpayers On The Hook For More Than $195 Million – AND A LOT MORE!

1 Detroit Aid $195M

Below you will find just a few examples of how Michigan Taxpayers are on the hook for a hell of a lot more than this “Grand Crap Sandwich Bargain” of $195 Million of your tax dollars! If this isn’t leaving a bad taste in your wallet just wait, now that this is done they are working real hard for you up in Lansing to pass legislation as to raise your Gas Taxes too. 2 FilmTaxCredit

While Detroit Goes Bankrupt, Michigan Taxpayers Hand Disney’s ‘OZ’ Nearly $40 Million in Film Credits and this is but one example there are numerous other Film Subsidies that have and will be handed out to Obama’s Hollywood supporters!

The hard part to swallow is our legislators all think it’s funny that they are spending our tax dollars on this wasteful venture that corrupt politicians created in the first place. They won’t be out done they will all laugh when they pass yet more tax increases on we Taxpaying Citizens of Michigan. 3 Detroit Crony Capitalism

Can any Taxpayer in Michigan explain to me why our taxes should be used for the rich and wealthy as to continue to build their empires?

The Taxpayers of Michigan have had to pony up over $515 Million in subsidies for Ford Field, Comerica Park and the New Red Wings Arena not to mention the Pontiac Silverdome which was built and maintained with a taxpayer subsidy buried in an Agriculture Bill.

http://www.michigancapitolconfidential.com/18040

State Awards $830K Taxpayer Money to new Detroit Grocery

4 Detroit GroceryMore than $1.2 million in grants and loans have been awarded to the owners of the grocery and retail center it anchors. The “failed” Michigan Economic Development Corp. (MEDC) announced the funding this week. The money was approved by the Michigan Strategic Fund.

The project was awarded a $830,000 grant by the state of Michigan’s economic development agency. That’s on top of Detroit Economic Growth Corp. providing a $200,000 loan and a $225,000 loan through Invest Detroit, which funds city development projects.

http://www.detroitnews.com/article/20140530/BIZ02/305300034

$127.5M in aid OK’d for projects in Pontiac, Detroit, Cheboygan
The Michigan Strategic Fund approved a request today for a $125 Million Taxpayer Funded subsidy to Green Box NA Michigan for a yet-to-be-built plant in Detroit. The Michigan Strategic Fund is just one of the many tentacles of the “failed” Michigan Economic Development Corp. (MEDC).
http://www.freep.com/article/20140527/BUSINESS06/305270132/Michigan-Strategic-Fund-Pontiac-Assembly-Plant

State to spend up to $20 Million to improve Belle Isle 5 Belle Isle Grand Prix
The state (we the taxpayers) said it plans to spend up to $20 million to improve the park during the first 18-36 months of state management.
http://www.reuters.com/article/2013/10/01/us-usa-detroit-belleisle-idUSBRE99018R20131001

Belle Isle Roads Resurfacing
For the 2014 Grand Prix in Detroit on Belle Isle $3,500,000 Million allocated on December 18, 2013 from the states Trunkline Fund. So again the rich and well connected benefit from we taxpayers such as Roger Penske with his “Team Penske” motorsports who raced and won at the Grand Prix this year on Belle Isle.  
http://www.michigan.gov/documents/mdot/OGA_Dec12_State_List_442695_7.pdf

6 Detroit M1 RailWayne County OK’s $3 Million Taxpayer Money on road fixes for new M1 Rail street car project
Michigan Taxpayers should question why the money wasn’t being spent to fix potholes. “The money being utilized for this project is supposed to be restricted for road purposes.”  Being as Detroit and Wayne County both are broke and facing financial issues with Bankruptcy along with the state in control how could this be?
http://www.detroitnews.com/article/20140603/METRO05/306030086

Could Wayne County Go Bankrupt Next?
With the news of Detroit’s bankruptcy still sinking in some financial experts say Wayne County could be next. But other cities are facing similar financial difficulties as well…can you say Flint as but just one other example?
http://detroit.cbslocal.com/2013/12/05/561511/

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Republican Controlled Legislature Drafting Bills for Detroit “Bailout”

State legislators are working on about a dozen bills that will use $350 million taxpayer money that Governor Rick Snyder has proposed. We taxpayers “bailout” the auto companies, banks and Wall Street now we are adding cities to the list of too big to fail. Who is next on this list the insurance companies?  1-Bailout-rick_snyder

You just know whenever you hear politicians talk about using taxpayer money in this fashion or when they talk about increasing our taxes more often than not it becomes a reality. As I have previously reported about the talk of a gas tax and vehicle registration fee increases this to will come to fruition.

The thing about the gas tax and vehicle registration fee increases are two fold: One our elected legislators have been stealing our road fund monies for years for other unspecified state spending purposes playing the shell game of robbing Peter to pay Paul. The other is because of possible repercussions here in the 2014 elections they will not bestow these increases on we taxpayers till after the elections.

When will we taxpaying citizens of Michigan come to the reality that we can no longer allow any one Political Party to hold power and control for more than one term? What we really need is a viable Constitutional third Party that represents “We the People” instead of the lobbyist and special interest groups who have a stranglehold on our elected leaders in both of the two major parties. 4 Bailout kwame-kilpatrick-award-2
http://www.freep.com/article/20140401/NEWS01/304010020/Legislature-Detroit-grand-bargain-bankruptcy

How Detroit Went Broke Taxpayers of Michigan now on the Hook
The Wall Street types who applauded former Mayor Kwame Kilpatrick’s financial acumen following his 2005 deal to restructure city pension debt should consider this: The numbers prove that his plan devastated the city’s finances and was a key factor that drove Detroit to file for Chapter 9 bankruptcy in July.

The State of Michigan and its legislators are also contributors in the blame. Lansing politicians reduced Detroit’s state-shared revenue by 48% from 1998 to 2012, withholding $172 million from the city, according to state records. We are currently seeing the results of the cuts to revenue sharing in municipalities across the state. These cuts were part of the very favorable big business buddies reform of the business tax in 2012.
http://www.freep.com/interactive/article/20130915/NEWS01/130801004/Detroit-Bankruptcy-history-1950-debt-pension-revenue

Crony Capitalism and Corruption

The Wall Street types who applauded former Mayor Kwame Kilpatrick’s financial acumen following his 2005 deal to restructure city pension debt should consider this: The numbers prove that his plan devastated the city’s finances and was a key factor that drove Detroit to file for Chapter 9 bankruptcy in July.

http://www.freep.com/interactive/article/20130915/NEWS01/130801004/Detroit-Bankruptcy-history-1950-debt-pension-revenue 5 Bailot Monica Conyers 2009 mug shot

Detroit City Councilwoman Monica Conyers Convicted of Bribery
Mrs. Conyers was the council’s president pro tem, went from one of Detroit’s most politically powerful and mercurial women to an admitted felon in a “pay-to-play” scheme for a $1.2-billion-plus sludge treatment contract.

Conyers plead guilty and sent to prison for taking cash-stuffed envelopes at a city recreation center and in a McDonald’s parking lot. She admitted taking at least $6,000 from Detroit businessman Rayford Jackson to change her vote in favor of a $1.2-billion in the Synagro sludge disposal contract scandal in 2007.
http://www.freep.com/article/20090627/NEWS01/906270358/Conyers-guilty-bribery-case

Former Detroit Police Chief Convicted of Embezzlement 6 Bailout Chief Hart
The corruption and theft of taxpayer money goes why back in Detroit. Take former police chief William L. Hart as but one example. Hart was police chief under the Mayor Coleman Young administration. He was convicted of stealing $2.6 million in taxpayer money over seven years.

When the FBI raided his home they found thousands of dollars in a ceiling fan. When questioned about that money being hidden in the ceiling Hart said he didn’t believe in banks. Hart embezzled the money to buy luxury cars and gifts for three former “girlfriends” as well as to renovate his home and a cottage in Canada.
http://www.nytimes.com/1992/05/08/us/former-detroit-police-chief-convicted-of-embezzlement.html

Schostak Bros. plans $111 million, 16-story Detroit office tower
The Detroit Brownfield Redevelopment Authority’s nine-member board has reviewed a $27-million brownfield tax incentive plan for site preparation and infrastructure improvements for the building, which is expected to include first-floor retail space and a parking deck wrapping around Cadillac Tower facing Campus Martius. Capital Cronyism Stop

http://www.crainsdetroit.com/article/20130916/NEWS/130919874/schostak-bros-plans-111-million-16-story-detroit-office-tower

Detroit-based Meridian Health Plan is expected to be the sole office tenant
http://www.crainsdetroit.com/article/20130919/NEWS/130919821

$27 million in tax incentives approved for new Detroit office tower
In addition to the brownfield incentives, Schostak and Meridian are pursuing Michigan Economic Development Corp. Community Revitalization Program grants and U.S. Department of Treasury New Markets Tax Credits and other incentives to help finance the building.
http://www.crainsdetroit.com/article/20130925/NEWS/130929905 Capital Cronyism Free Markets

Meridian Health Plan expected to move into 16-story Detroit building in 2017
http://www.crainsdetroit.com/article/20130918/NEWS/130919855

Schostak Bros. plans $111 million, 16-story Detroit office tower to seek taxpayer subsidies
http://www.crainsdetroit.com/article/20130916/NEWS/130919874

Snyder Awards Meridian Health Plan for Medicaid Expansion Healthy Michigan SnyderCaid
http://www.mha.org/mha/weeklymailing/2014/012014/monday_report.htm

Bob Ficano, John Rakolta and the Big Jail Problem Capital Cronyism Fascism
Rakolta and Walbridge simply cannot be allowed near another government contract. Even projects that aren’t directly funded by taxpayers, but will take advantage of public bonding for initial cash flow, should be off-limits.

Like Team Ficano, Walbridge has proven to be a poor agent for residents and taxpayers. It’s time for us, as principals, to cut them loose. Capital Cronyism Kills

Looks like the Democrats and Republicans are working together as to pull off this heist of taxpayers’ dollars for their political and personal gains. Rakolta is a big Republican Party donor who was heavily involved in Mitt Romeys presidential campaigns in both 2008 and 2012.

He is also a partner with heavy Democrat donors in the “failed” Raleigh Film Studio. He was recently appointed to the board of the failed MEDC by Governor Rick Snyder. Oh yeah and we taxpayers are now on the hook for that studios “failed” missed, bond payments.
http://www.deadlinedetroit.com/articles/5094/bob_ficano_john_rakolta_and_the_big_jail_problem

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China Benefits from Michigan Taxpayers with our Lansing Legislator’s Help

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-idUSBREA1H1LM20140218Snyder-China_GuvOffice

Michigan‘s A123 Systems Files for Bankruptcy
State Battery-Plant Subsidy was a “Risky Venture” from the onset with several economist warnings. The Michigan and Government-funded battery maker files for bankruptcy after receiving $249.1 million federal grant money (taxpayer dollars). A123 Systems received a $100 million “cash subsidy” (taxpayer dollars) from the state of Michigan for a 75-acre facility the company had leased in Romulus.

The subsidy was in the form of cash because the plant had been granted “renaissance zone” status by the Michigan Economic Development Corp. This is yet another in the long line of failures of the Michigan Economic Development Corp. an entity that should and must be abolished as to cut the size and scope of Michigan Government and save the taxpayers money!
http://www.michigancapitolconfidential.com/13557

A123 Systems won another $125 million in tax credits and incentives from the Michigan Economic Development Corp in spring 2009 and a $10 million cash grant from the state in fall 2008. Just move along nothing to see here Michigan Taxpayers just more of our tax dollars down the drain courtesy of the “failed” Michigan Economic Development Corp. (MEDC).
http://www.annarbor.com/business-review/a123-systems-no-assurance-it-can-continue-to-operate-as-a-business-filing-says/

China’s Wanxiang Corp. Bought A123 Systems now Fisker
http://www.bostonglobe.com/business/2014/02/18/will-purchase-hybrid-car-firm-make-player-auto-industry/PrkLDrmgtN8UJR2mRdEv6J/story.html

Wanxiang Group Buys American Battery Maker
Michigan taxpayers ponied up a plenty in subsidies for this failed battery maker that was purchased by China’s Wanxiang America Corp.through the “failed” MEDC.
http://www.nytimes.com/2013/01/30/business/wanxiang-group-buys-american-battery-maker.html?_r=0

Wanxiang buys A123 systems
https://www.google.com/#q=Wanxiang+buys+A123+systems

Fisker’s assets to go to Wanxiang
Along with the wreckage of A123 and countless other “stimulus”-driven financial black holes the Chinese have acquired, the government in Beijing and citizens of The People’s Republic thank the United States for both borrowing money from China and then using it to buy assets it sells back to them at pennies on the dollar. Well done Michigan Lawmakers and the “failed” MEDC along with our lawmakers in D.C. more government for everyone!
http://www.autonews.com/article/20140218/OEM05/140219858/fisker-wins-approval-to-sell-assets-to-chinas-wanxiang

Bankrupt Fisker’s assets to go to China’s Wanxiang
https://www.google.com/#q=Fisker%27s+assets+to+go+to+Wanxiang

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Is “Team” Snyder tied to Kawme Kilpatrick’s Criminal Enterprise?

Governor Rick Snyder’s economic “team” was one of several contractors who pumped millions into ex-Mayor Kwame Kilpatrick’s alleged criminal enterprise. Although the government hid the companies’ identities in the indictment, public records and interviews helped put names to aliases. The list of companies includes deep-pocketed donors and powerful executives. Hmmm… maybe that’s why the governor chose to abolish the “Nerd Fund” rather than to expose his donors?Kawme & Snyder

The companies involved are going to be needed by the FBI and the U.S. Attorney’s Office to help prosecute the case. “It’s always hard to say whether the payer of a bribe is culpable or a victim of the crime,” said Peter Henning, a law professor at Wayne State University and former federal prosecutor.

“Sometimes that’s hard to distinguish.” So far, most executives linked to the corruption probe have escaped indictment. Some witnesses were granted immunity and others are victims, U.S. Attorney Barbara McQuade said.

Among the contractors who were allegedly extorted to retain Bobby Ferguson as a subcontractor include Walbridge, a general contractor headed by John Rakolta Jr., a longtime area powerbroker who was recently named to the Michigan Economic Development Corp. (MEDC) by Snyder. Wayne County and its Building Authority has filed a law suit seeking to recover $154 million from 3 jail contractors including John Rakolta’s Walbridge.

John Rakolta’s film studio, Raleigh Film Studios in Pontiac was awarded taxpayer funded subsidies when this studio defaulted on it’s bond payments the taxpayers of Michigan are now on the hook for making those missed payments through the under funded state pension fund. These subsides were awarded through the “failed” MEDC prior to Rakolta being appointed to the MEDC board. Can you say conflict of interest?

As of Sept. 30, 2010, the Michigan Public School Employees’ Retirement System and the Michigan State Employees’ Retirement System were unfunded by $21.7 billion.

The “secrecy” and back-door “deals” are very suspect to say the least surrounding politicians, government, and businessmen and looks to be a scheme (scam) bilking the taxpayers of Michigan out of millions of tax dollars all for political and financial gains. Let’s just hope and pray that U.S. Attorney Barbara McQuade and her “team” continue looking down this rabbit hole of corruption and bring those businessmen and politicians to justice.
http://www.detroitnews.com/article/20101217/METRO/12170403&template=artiphone

Additional Sources:
http://www.crainsdetroit.com/article/20131031/NEWS/131039973/wayne-county-files-suit-seeks-to-recover-154-million-from-3-jail

Bob Ficano, John Rakolta And The Big Jail Problem
http://www.deadlinedetroit.com/articles/5094/bob_ficano_john_rakolta_and_the_big_jail_problem

Feds’ subpoenas target Wayne County business dealings
http://www.freep.com/article/20111117/NEWS02/111170499/Feds-subpoenas-target-Wayne-County-business-dealings

Wayne County Executive Bob Ficano replaces top officials (Romney related)
http://www.freerepublic.com/focus/f-news/2805204/posts

So, what was Schuette’s cut?
http://rightmi.com/old/www.rightmichigan.com/story/2013/11/4/113017/236.html

Suspicions sometimes followed after Kilpatrick, Ficano dealings along with John Rakolta
http://www.crainsdetroit.com/article/20120909/FREE/309099962/suspicions-sometimes-followed-after-kilpatrick-ficano-dealings

John Rakolta allegedly through media reports donated $10,000.00 to Democrat Bob Ficano’s campaign war chest only to receive the contract for the new Wayne County jail project.
http://bainreport.wordpress.com/2013/11/24/welcome-to-michigans-world-of-the-political-illusion/

Public Employee Pension Systems Raided To Pay Film Studio Bills
http://www.michigancapitolconfidential.com/18384

Michigan-Subsidized Film Studio Fails; State Pension Fund Had Guaranteed Loan
http://taxfoundation.org/blog/michigan-subsidized-film-studio-fails-state-pension-fund-had-guaranteed-loan

House Cuts $25M State Film Subsidies in Proposed Budget – Not So Fast Say’s Richardville
https://bainreport.wordpress.com/2013/04/26/house-cuts-25m-state-film-subsidies-in-proposed-budget-not-so-fast-says-richardville/

Report: State pension funds bankroll Pontiac studio; taxpayers lose on films
http://www.theoaklandpress.com/general-news/20130308/report-state-pension-funds-bankroll-pontiac-studio-taxpayers-lose-on-films

Michigan Pensions Cover Missed Bond Payment for Film Studio
http://news.heartland.org/newspaper-article/2012/02/02/michigan-pensions-cover-missed-bond-payment-film-studio

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