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.
A new report from the Brookings Institution looks at how the collapse of the auto industry would devastate local communities that rely on the Big Three automakers and auto supply companies for a large portion of the area’s employment.
A leading auto industry analyst says that the conditions placed on the federal bailout money will virtually eliminate any equity General Motors has. Automotive News reports:
Automotive News reports that Cerberus, the private equity firm that owns 80 percent of Chrysler, is offering to swap a stake in the company to debt holders in the company:
Though the auto bailout plan that passed the House of Representatives included the appointment of a “car czar” to oversee the restructuring of the auto industry and ensure that the funds were being used legitimately, the bailout plan that the Bush administration put together does not create such a position:
AP reports that the Canadian government is also making emergency loans available to subsidiaries of the Big Three automakers with plants in that country:
The Big Three automakers are not the only ones needing a bailout from the federal government; their suppliers are also in dire financial straits and in need of help. Automotive News reports:
The mood here this morning in Michigan is mixed. Some folks are relieved but concerned; others are distressed. And that doesn’t factor in annoyance resulting from hours of shoveling snow, with hours more ahead due to a rather early and heavy snow storm.
Toward the end of President Bush’s remarks today announcing his plan to throw GM and Chrysler a lifeline, he included a line about “American workers.” He said “we’ll show the world American workers can bounce back,” and that “they can meet challenges with ingenuity.” I’m not going to argue that either of these points isn’t [...]
President George Bush announced that General Motors and Chrysler will receive $13.4 billion in loan money from the Wall Street bailout fund, in a move to keep the companies afloat through March. He also wants to see Congress allocate another $4 billion for bridge loans. By the spring, the auto makers will need to provide [...]
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