The “Bain Report” Articles that Affect You and Your Family for Mon, June,13, 2011

The “Bain Report” is a weekly publication for those citizens of Michigan who are concerned with the representation they are receiving from their elected officials. The purpose of this report is to educate and inform the citizens with pertinent articles and legislation that affect the family’s of Michigan. If you or anyone you know wishes to receive the “Bain Report” reply to rabman13@aol.com with add me to the weekly “Bain Report” in the subject line with your name and e-mail address in the body. Your email will be added to the list of those Patriots, Activist, and Concerned Citizens here in Michigan who receive the “Bain Report” published every Monday. For those currently receiving the “Bain Report” and wish to be removed from these mailings please reply to above e-mail address with remove me from your list in the subject line.

Opinion: By R. Al Bain

When will Michigan’s voters learn to do their due diligence and civic duty as to research who they vote for? Far to many vote for various reasons that have nothing to do with the direction and representation our family’s and state deserve. I have seen and heard some that voted for an individual because of their appearance, name recognition, or because a friend told them among many other reasons that are not justified in choosing a representative.

Then we have the non-voters who feel that their vote doesn’t matter because nothing will change even if they do vote. Every vote makes a huge difference in the outcome of elections. For those who don’t vote you have no complaints! If we as a citizenry continue to vote in the manor we have been we will continue to suffer along with our children, grandchildren, state, and country. We cannot continue to keep voting in the same politicians expecting a different result because it’s just not going to happen!

New Legislation Introduced for International Crossing in Detroit
Democratic Senator Hoon-Yung Hopgood welcomed the support of the top Republican in the Senate, Senate Majority Leader Randy Richardville, who submitted legislation that would authorize the construction of the New International Trade Crossing (NITC). Richardville’s bills, which will be introduced as Senate Bills 410 and 411. John Dingell wrote a guest commentary  in Thursday’s Detroit Free Press advocating the new international bridge crossing. Earlier Wednesday, in Lansing, Senate Majority Leader Randy Richardville, R-Monroe, set in motion a bill that would create a new authority to privately finance, build and operate the NITC in cooperation with Canada. Let me see if I get this right? We have a Democratic Senator in Lansing singing praise on Mr. Richardville a so-called Republican and a Democratic Congressman John Dingell supporting this boondoggle of a bridge idea. One of the many former Monroe County Republican Party Chairman’s, and there has been many, said that first vice chair since 1999 and current vice chair Glenda Kennon, (Senator Randy Richardville’s mother) told him that she personally talked with John Dingell who told her he hopes Mr. Richardville takes “his seat” when he retires! First of all it’s the peoples seat not Mr. Dingell’s! Second, why would a Democrat hope that a Republican would take “his seat”? In 2009 Senator Richardville Introduced  Senate Resolution 10 honoring Mr. Dingell saying that he has been both a “role model” and a “statesman” for a number of years! Mr. Dingell was the lead sponsor of Obama Care and went directly against his constituents wishes. All this doesn’t pass the smell test to this citizen. In my opinion going against the wishes of his constituents Mr. Dingell should be considered a traitor! The definition of a traitor is: one who betrays another’s trust or is false to an obligation or duty according to the Merriam-Webster’s Dictionary.
http://www.crainsdetroit.com/article/20110601/FREE/110609976#

Tea Partiers were Right to Oppose Calley at last State Convention!
Now that the budget is done, Next up: A $2.1 billion bridge project to Canada. Legislation expected to be introduced next month will have Calley’s personal attention, and he’s already been laying the case for the New International Trade Crossing across the Detroit River, which would compete with the privately owned Ambassador Bridge. Government has absolutely no business competing against private businesses!
http://buildthedricnow.com/2011/05/29/affable-calley-%E2%80%98can-get-it-done-after-tax-overhaul-next-project-is-bridge/

More Michigan Employers Report Job Cuts
A recent spate of job cuts by technology, and other employers meant Michigan reversed a four-month decline in pink slips to its labor force during May, according to new data collected by the state Workforce Development Agency. the Michigan Department of Energy, Labor and Economic Growth and now a unit of the Michigan Economic Development Corp., reported that 14 employers announced layoffs, plant closings or notices under federal law, affecting more than 922 employees last month. Another Michigan business will be shuttering it’s doors! Long time staple Manheim Metro Detroit Auto Auction Inc., the local division of the Atlanta-based automotive auction and financing services company is closing an operation in Flat Rock. Manheim, which operates two locations in Flat Rock and Carleton in Monroe County. The state data indicate the Flat Rock closure and 268 jobs cuts are effective July 22, but a company representative told Crain’s the location is closing June 9.
http://www.crainsdetroit.com/article/20110601/FREE/110609975/more-employers-report-job-cuts-to-state-in-may-ending-4-months-of#

The Patriot Act Is Not Conservative
Allegedly, the default position for conservatives is to distrust the government and defer to the Constitution. Concerning the Patriot Act, too many conservatives blindly trust the government at the expense of the Constitution. This type of thinking mirrors the logic of the Left, in which the constitutionality of a big government program like Obamacare is considered irrelevant due to the severity of the problem at hand. The liberal healthcare ends justify the unconstitutional means. This characteristic mentality of the Left is exactly how most of the Right approaches the Patriot Act though it is an outright rejection of what most conservatives of any generation have held most dear. What does this say about Republicans who vote for politicians such as Representative Thaddeus McCotter who not only voted for The Patriot Act but Homeland Security as well?
http://www.amconmag.com/blog/2011/05/31/the-patriot-act-is-not-conservative/

State House backs plan to keep Detroit’s taxing power
Legislation authorizing the City of Detroit to continue special taxes on income and utility users, which were placed in jeopardy by the city’s population decline in the 2010 census, was narrowly approved by the state House this morning. If you live or work in the City of Detroit hold onto your wallet!
http://www.freep.com/article/20110601/NEWS15/110601024/State-House-backs-plan-keep-Detroit-s-taxing-power

Just What You Needed: Higher Taxes
While you hear a lot about the federal income tax, you don’t hear much about the Social Security tax. That’s odd because for many folks especially the self-employed Social Security tax can be the bigger hit. Here are some little-known truths about how the Social Security tax works and how much it can amount to. If the money was truly put away in a fund that was not able to be violated by the Crooks in Washington then it truly would be a self sustaining fund and I would believe it to be an investment in America. But, When Washington pulls the money from the fund and uses it to fund some vote getting social program and then promises to return it to us at a later date from money they have to tax you to get then its a Ponzie scheme that will leave us and our kids holding a very expensive empty bag.
http://finance.yahoo.com/retirement/article/112809/higher-social-security-taxes-smartmoney;_ylt=Ak.zP1rmuChN0uuM_5rhx9O7YWsA;_ylu=X3oDMTFhNm1kaHA2BHBvcwMzBHNlYwNwZXJzb25hbEZpbmFuY2UEc2xrA2hpZ2hlcnNvY2lhbA
Economy: Manufacturing & Hiring Reports Weak; Analysts Downgrade Jobs Forecasts
Reports Wednesday on manufacturing and company hiring were so weak that many economists immediately downgraded their forecasts for Friday’s jobs report for May. Some analysts also slashed their estimates for growth in the April-June quarter. Inflation, Devaluation of our Currency, Higher Prices for Gas and Food, along with the cost associated with other goods and services is a recipe for economic disaster.
http://www.freep.com/article/20110602/BUSINESS07/106020509/Economy-shows-signs-slowing?odyssey=mod_sectionstories

Home-Price Index at Lowest Point since 2006 Bust
Home prices in major areas have reached their lowest level since the housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy. The nationwide index fell for the eighth straight month. A record number of foreclosures are forcing prices down, and they are expected to keep falling through this year. The 12 cities now at their lowest levels in nearly four years are: Atlanta, Charlotte, Chicago, Cleveland, Detroit, Las Vegas, Miami, Minneapolis, New York, Phoenix, Portland, Ore., and Tampa.
http://news.yahoo.com/s/ap/us_home_prices

Oil Climbs above $102 on Weaker US Dollar
Oil prices climbed above $102 a barrel Tuesday as talk of more financial aid for Greece helped weaken the U.S. dollar and traders worried about turmoil in Libya and the Middle East. When the dollar weakens, it makes oil cheaper for investors holding other currencies and usually boosts prices here in the USA.
http://finance.yahoo.com/news/Oil-rises-to-near-102-on-apf-3806319527.html;_ylt=AsagIeOuVPALmMJu1N.5SU27YWsA;_ylu=X3oDMTE1YjB2YzltBHBvcwM4BHNlYwN0b3BTdG9yaWVzBHNsawNvaWxyaXNlc3RvbmU-?x=0&sec=topStories&pos=5&asset=&ccode=

Consumer Confidence Falls Unexpectedly in May
A monthly survey shows consumers are losing faith that the economy is improving. Let’s see, How about Jobs, The Economy, Food Prices, Energy Costs, WAR, Inflation on everything you can buy except a house. Bailouts to Wall Street, The Automotive Industry, The big Insurance Companies who by the way insure our Politicians retirement packages, Crime, Welfare and Medicaid FRAUD! Food Stamps being traded for DRUGS, ATM withdrawals from Casinos, ATM withdrawals from Exotic Vacation Destinations, and OH YES, the fact that not a single one of our elected leaders have any ideas on how to fix anything except by throwing OUR money away and raising taxes.
http://finance.yahoo.com/news/Consumer-Confidence-falls-apf-1525822108.html;_ylt=AvASGFik8tUePMXSiOlAl3W7YWsA;_ylu=X3oDMTE1MTEwOGZtBHBvcwMzBHNlYwN0b3BTdG9yaWVzBHNsawNjb25zdW1lcmNvbmY-?x=0&sec=topStories&pos=main&asset=&ccode=

Housing’s Latest Double-Dip
New data says it’s even worse than the 1930’s! It’s official. The house price collapse is now worse than it was during the Great Depression. Capital Economics’ senior economist Paul Dales, “On the Case-Shiller measure, prices are now 33% below the 2006 peak and are back at a level last seen in the third quarter of 2002. This means that prices have now fallen by more than the 31% decline endured during the Great Depression.” It’s yet more proof that the nationwide financial bust is far worse than Wall Street is pretending, and it may be getting worse instead of better. But try telling that to the Dow Jones Industrial Average, high as a kite in more ways than one above 12,000. What is Wall Street smoking?
http://www.smartmoney.com/spend/real-estate/housings-latest-doubledip-1306962097787/

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Ronald Reagan (1986)

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  1. Pingback: Week in Review « Craig W. Wright

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