I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]
An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.
Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.
Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.
The Detroit City Council voted on Tuesday to approve the sale of $94 million in bonds backed by future property tax receipts in order to keep the city running. The vote was 6-1, with only councilwoman JoAnn Watson voting against the proposal.
The problem may be selling the bonds because of Detroit’s junk bond designation from the bond rating companies. That means they will have to promise larger payouts to entice buyers while borrowing from themselves. It also means that those future tax receipts will not be available down the line to cover current budget necessities when the bonds come due.
Unfortunately, the city had little choice. Without the bond sale, the city government would likely have been insolvent in a matter of weeks, unable to cover payroll and other expenses.
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