The Bain Report: Articles that Affect You & Your Family for August, 16, 2010

Did Democrats Nominate Rick Snyder? Did they cross over for Randy Richardville?
Could this scenario apply to the State Senate race in the 17th District? The numbers say it very well happened! Past Primary election numbers do not match for incumbent State Senator Randy Richardville as in past elections. Comparing the numbers as far back as 1999 suggests that the Democrats did cross over to vote for this incumbent! Consider the fact that Democrat Kathy Angerer did not run. Also consider the fact that she most likely would have won this nomination in a predominant area such as Monroe County. When you have a moderate left leaning Republican this makes sense!
 
MIRS: Primary Election Statement from R. Al Bain             
I would like to thank all the supporters in my bid for State Senate here in the 17th District. Its not about winning or losing I feel I’ve already won because I ran my campaign on the Principles, Traditions, and Values that the Republican Party was founded upon! For full statement click link below.
 
Richardville, Spencer to face off for 17th Senate
Sen. Richardville said that he is ready for the next round and will continue with the political rhetoric of promoting low taxes, less government and fewer regulations, sound familiar? (see http://seriousleadership.com/). Not according to his voting record if anyone would bother checking!  He said during this most recent campaign he was upset that his opponents attacked his conservatism. If putting “HIS” voting record out for the public to see who might otherwise never see it is what he considers an attack, he is delusional in what the definition is of attack! There is a huge difference between attack and the facts!
 
Hangar42 Movie Studio Investor Charged With Fraud
The main investor in a project to turn a former western Michigan auto parts plant into a film production studio has been charged in what authorities say is an attempt to fraudulently obtain a $10 million state tax credit. Joseph Peters of Ada was charged with attempted felony false pretenses over $20,000.
 
Analysis of Michigan Film Subsidies: Two Years, $117m – and No Film Job Growth
It has been two years since Michigan’s film subsidy program became law, which is sufficient for it to have gotten off the ground and had some measureable impact on the state’s economy. According to the most recent Bureau of Labor Statistics, as of September 2009 (the most recent month available*), there were fewer people employed by the film industry in Michigan than before the subsidy program began.
 
Thirty-One Michigan Economic Development Corporation Salaries Top $100K
At a time when the Michigan Economic Development Corporation is saying it is being unfairly criticized, its staffers are among the best paid in the state. According to information from a Freedom of Information Act request, the MEDC has 31 employees making $100,000 or more. The MEDC has 351 positions.
 
Joblessness to linger in Michigan for years to come, says labor economist
Some areas of the country, including Michigan, will have lingering high unemployment for years to come, according to Economic Policy Institute labor economist Heidi Shierholz.
 
It’s Official: Social Security System Now in the Red
It was only a matter of time, but it’s finally happened: The nation’s Social Security system will pay out more than it takes in this year and next, as aging baby boomers begin entering retirement. The milestone marks the first time in nearly 30 years that the system is in the red, according to a report issued Thursday by federal officials overseeing the program.
 
Alarming Teacher Contract Summary
About 67 percent of the district’s $22 million operating budget goes towards paying employees covered by this contract, which covers teachers and a few other employee groups. Is this in the best interest of our children’s education?
 
Slowing economy raises fears of double-dip recession
With the recovery from the country’s worst economic collapse since the Great Depression losing steam, some economists fear the United States is headed into a double-dip recession.
 
Seven Reasons Not to Send Your Kids to College
Imagine a retirement where you could have an extra $1million to $3 million in the bank with basically no effort. Now imagine telling your kids that you aren’t going to send them to college. And, you go on, you want them to immediately start a business or get to work as soon as they finish high school. Here Are Seven Reasons to Say “No College” to Your Kids: Click below
 
Refundable Michigan Business Tax credits wrong approach
The approach has drawn criticism from the Mackinac Center for Public Policy, which sees such tax credits as poor economic development policy — and sees converting the credits into cash as even worse. “Subsidies, in the scheme of economic development programs, are probably the worst of the lot,” said Michael LaFaive, fiscal policy director at the Midland-based think tank. He said that with a “straight tax credit, you have to concern yourself simply with revenue forgone. But with subsidies … you’re just taking resources away from other job providers and people and giving them to a few.”
http://www.crainsdetroit.com/article/20100808/SUB01/308089951/1068
 
Does anyone in the legislature know what “return on investment” means?
2009 Senate Bill 777 (Authorize $100 million renewable power conversion manufacturer subsidy) http://www.michiganvotes.org/2009-SB-777  If I read this correctly we are spending 100 million dollars to create a maximum of 440 jobs. That amounts to over $227,000 per job.  If each employee pays $2000 of taxes per year, it will take over 100 years to recoup the funds.  Does anyone in the legislature know what “return on investment” means?  Does anyone create a cost benefit analysis report?  Reduce the cost of doing business in Michigan by another $100 million and help all businesses. Throwing money at anyone who uses the word “jobs” is as effective as Obama economics. See how your representative voted in favor of this click the link below.
 
Michigan Legislature on wrong track
2009 Senate Bill 986 (Give new home purchase government subsidies) Introduced by Sen. Randy Richardville (R) on November 12, 2009. We have families in our church with a father living in 1 state and the wife and children living in Michigan because that can’t sell their home and dad can’t find work here.  Lower the Michigan Business Tax by 100 million. It may help keep families together.  The above bill does not help the business climate in Michigan.  I am sure you are well aware that Michigan will lose 1 maybe 2 congressional seats because of population lose.
 
Monroe’s Landmark Stores Dropping like Fly’s
All one has to do is take a look around the city of Monroe at all the empty buildings that once was the home of prosperous businesses to see we are not in a recovery! A few years ago Farmer Jack with it’s new modern building closed it’s doors, Hollywood Video is going under, Blockbuster Video has been hanging on though I don’t know how, Burger King on LaPlaisance Road shut it’s doors after 22 years in operation now the Save-A-Lot store at in Monroe Township is set to close before the end of the month and the list goes on. Several business owners I’ve talked with said they have been loosing money for years and don’t know how much longer they will be able to keep their doors open. The Townships, City’s, and the County of Monroe are broke and refuse to make the necessary cuts in government.
 
The Best States For Business and it’s not Michigan
The patch work effort by Michigan legislators to create jobs, save jobs, etc. is ineffective.  The business climate in Michigan ranks 45th. The Michigan Business Tax and the Michigan Business Surcharge Tax must be eliminated! Legislators are cherry picking businesses instead of creating a favorable business climate that attracts businesses as a whole.  We should not have to bribe businesses to come here.  Study tax policies of successful states and implement overall changes.  Meet with business owners and implement changes that help all businesses, not just 1 or 2.
 
We’re the ones who allowed anti-Americans to take over America
By Ted Nugent
Barack Hussein Obama did not sneak into power. An army of clueless, disconnected, ignorant Americans invited him to bring his Marxist, glaringly anti-American jihad into our lives.
 
Lawmakers Return to Washington to Spend More Money
They’re back. Today, Representatives scurried back to Washington from their summer recesses to do what they do best: spend. Speaker Nancy Pelosi (D-CA) ordered the rare one-day emergency session to vote on a $26.1 billion bill to bail out state governments.
 
Dept. of Agriculture official Shirley Sherrod, Obama Fraud exposed
It appears that Ms. Sherrod had just unwittingly exposed herself as the perpetrator of one of the biggest fraud claims in the United States – a fraud enabled solely because she screamed racism at the government and cowed them into submission. And it gets even more interesting. Ms. Sherrod has also exposed the person who aided and abetted her in this race fraud. As it turns out, the original judgment of “Pigford v. Glickman” in 1999 only applied to a total of 16,000 black farmers. But in 2008, a junior Senator got a law passed to reopen the case and allow more black farmers to sue for funds. The Senator was Barack Obama.
 
Sinister pigs 2: stealing BP stockholder dividends
BP ended weeks of speculation Wednesday by canceling its quarterly dividend for the rest of this year. What really happened? The sinister pigs are taking money from the middle class and giving it to the government. Before he died, George Carlin did a routine about the American dream. He said it is called the American dream because you have to be asleep to believe it. “He starts out slamming America’s education system and moves on to how the corporations and business interests have Americans “by the balls.” Carlin says the people that run this country want nothing more than “obedient workers” and now they want our social security money and retirement. “It’s a big club and you and I aren’t in it,” says Carlin.” As usual politicians, international bankers and the corporate elite are paying nothing. That is because they are all members of the big club that George Carlin talked about. Now that the sinister pigs have managed to steal dividends from BP stockholders, what will they go after next?
 
Every government degenerates when trusted to the rulers of the people alone. The people themselves are its only safe depositories.
Thomas Jefferson
 
 
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One Thought on “The Bain Report: Articles that Affect You & Your Family for August, 16, 2010

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

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