Category Archives: Finance

Blogs We Dig: 365 Days of A

Through the TC Ticker, we learned about a cool project by Jonathan Klinger, PR Manager of Michigan based Hagerty Insurance. They begin: For the past eight months, the 29 year old has been driving a 1930 Model A as his everyday car. His project, dubbed “365 Days of A,” has him parking his Ford Explorer and [...]

Future Midwest Conference this week in Detroit

Painting A Picture Of Optimism by DetroitDerek Photography Later this week (April 27-29) the 3rd annual  Future Midwest Conference kicks off in Detroit. It’s the largest digital business conference in the Midwest and  seeks to accelerate business and cultural transformation by uniting community passions with emerging technologies. In 2011, they’ve selected Eastern Market in Detroit [...]

Detroit 20/20: Mayor Dave Bing & Governor Rick Snyder

Detroit 20/20 from WXYZ TV seeks to address the challenges facing Detroit and the region with the goal of making Detroit a better place to live, work and raise families. In this four-part interview, Michigan Governor Rick Snyder and Detroit Mayor Dave Bing discuss a wide range of the daunting challenges facing and the often [...]

Emergency Financial Manager Bill rumbles toward passage

R.I.P. – James McMillan School (1894-2008) by SNWEB.ORG Photography, LLC. HB-4214 – the “local  government and school district fiscal accountability act” –  passed the Senate yesterday.  This is such a strange & sweeping bill that vests power in the executive branch to exercise extra-ordinary powers of finance, administration and even the very existence of municipalities [...]

Film Friday: High Five for Michigan Film Incentives

“This is not about saving Hollywood. This is about saving Michigan.” ~ Mitch Albom Read on for a report on last night’s Town Hall meeting but we definitely want to start off by featuring High Five for Film Incentives. Deep Blue Pictures takes a road trip to hear from some of the people and businesses [...]

Governor Rick Snyder: Job 1 is still Jobs

Last night Michigan Governor Rick Snyder delivered his first State of the State address. In addition to repealing “the job-killing Michigan Business Tax” and replacing it with a 6% corporate income tax, other highlights of the speech included $25 million for Pure Michigan, more attention to our state’s agricultural industry, a new Office of Urban [...]

“Groundbreaking” Chevy Volt is Car of the Year, Good Timing for GM IPO

“I expected a science fair experiment. But this is a moonshot.” ~Car of the Year Consultant Judge Chris Theodore The Wall Street Journal says that this week’s General Motors (GM) Initial Public Offering could be the largest in history, but is complicated by the $40 billion the automaker owes the US Government, which will be [...]

2011 Michigan Budget Deal Reached

.seek balance by *ojoyous1* Michigan has been staring down the barrel of an estimated $800 million deficit in the state’s general fund for the 2011 fiscal year. The Detroit News reports that a budget deal without tax increases was reached by Senate Majority Leader Mike Bishop, House Speaker Andy Dillon and state budget director Bob [...]

Tax Day Special: Michigan’s Senior Tax Breaks Lead the Nation

vroom. by artsy_T A Chicago Tribune article last month (now gone) took a look at Michigan’s senior tax breaks, calling them “the most generous in the nation.” Some highlights: Michigan exempts all Social Security and public pension benefits from income taxes, as well as up to $45,120 a year for a single return and $90,240 [...]

Michigan lawmakers stare at the same chasm

hold on, I’m thinkin’ by buckshot.jones Lansing’s inability to execute compromises deprives many other agencies of the ability to plan properly as well. So write the editors of the Detroit Free Press, who say that this week is a crucial week for Michigan lawmakers as they address next year’s budget without any kind of agreement [...]