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.
President-elect Barack Obama had a few heated things to say about U.S. auto executives on “Good Morning America” Wednesday morning.
He accused the Detroit Three’s corporate executives of being “tone deaf” to the hardships of working Americans in the midst of financial fallout. He also blasted them for not foregoing bonuses.
Obama said of the executives:
“I think that if you are already worth tens of millions of dollars and you are having to lay off workers, the least you can do is say, ‘I’m willing to make some sacrifice as well, because I recognize that there are people who are less well-off who are going through some pretty tough times.”
Hours later, at his third economic press conference in as many days, he failed to mention the Detroit Three or their stalled bailout requests.
Instead he made sweeping statements that were aimed at boosting confidence in the markets. He came closest to mentioning the U.S. auto industry when he touched on labor and manufacturing jobs:
”I just want to be clear that [his economic plan] is going to be designed to make sure that everybody, that businesses across the board whether it’s high tech or manufacturing, old or new economy, labor, innovative thinkers that might not always subscribe to conventional wisdom that they are there to challenge our assumptions…”
These broad statements mixed with a continued message of hope appeared to work. With his “Help is on the way” announcement Wednesday, the markets jumped, closing Wednesday with the first three-day stock market climb since August.
But people are starting to wonder: Will the Obama smooth-talk get old or is this a sign of things to come? It’s difficult to say since the market extended its climb yet again after the holiday, closing up more than 102 points on Friday. Only more time and money will tell.
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