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.
Polls have long showed high public opposition to the federal government’s bailout of GM and Chrysler in late 2008 and 2009, but a new poll for the first time shows that opposition slipping below 50 percent. The Detroit News reports:
For the first time, opposition to the bailouts has fallen under 50 percent.
A Rasmussen Reports national telephone survey released Monday found that 46 percent of adults said it was bad idea for the federal government to bail out General Motors Co., Chrysler Group LLC and their finance arms, but 38 percent say the bailouts were a good idea, and 16 percent remain undecided.
I expect support will continue to increase as it becomes more and more obvious that the bailout was a huge success. Only a year out of bankruptcy restructuring GM and Chrysler have both returned to consistent profitability even while the domestic sales market continues to lag behind the number of units being sold in years past.
The General Motors IPO is a major milestone that not only signifies a return to profitability but also a dramatic reduction in the government’s stake in the company. The bailout saved taxpayers tens of billions of dollars and probably prevented the United States from slipping in to another Great Depression.
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