Category Archives: Finance

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 as to [...]

M is for Monday … and Midwest, MCS, Michigan Agriculture and MORELS!

Morels ! by cedarkayak
The latest issue of Midwest Living feature on the Best Midwest Food Towns served up a platefull of restaurants in our region that might entice the culinary tourist. Their editors selected Traverse City as the #2 town and Ann Arbor #3. Also featured were a collection of recipes from Traverse City including [...]

That's Billion with a capital B

Fifties Mickey D's by BarGal
The Detroit Free Press reports that Michigan's 2009 deficit is likely to clock in at over $1 billion, nearly a quarter of a billion more than previously estimated (and with only 5 months left in FY 2009 to make cuts).
Sen. Ron Jelinek, R-Three Oaks, chairman of the Senate Appropriations Committee, said [...]

Five Things you need to know about Michigan: Extreme Economy Edition

Face Plant by by Rudy Malmquist
We try to be as positive as possible, but I do hope that everyone (and yes, I'm looking at you elected officials) is preparing to need to do extraordinary things to keep our state and the people in it afloat.
1. Jack Lessenberry spoke with Ismael Ahmed, director of the Michigan [...]

Mitch Albom on the Michigan Film Incentive

They're coming, and they're liking what they're seeing and we have a chance to seed a new industry in the state of Michigan.
~Mitch Albom
Scott Allman has produced a great interview with Mitch Albom about the Michigan Film Incentive. Check it out below!

Rollercoaster Wednesday

MSU College of Human Medicine by Eridony
Going up
The New York Times reports that in the midst of the darkest economic times Michigan has seen in decades, the University of Michigan is spending billions to grow with nearly three million square feet new buildings for science, medicine, health, art, business, sports, food service and student housing [...]

I wanna scooter and a pony and a better Michigan Wednesday

The North Pole by luna.nik
Dear Santa,
I realize that we in Michigan seem to be asking for a lot of stuff lately: auto bailouts, people to listen to Tim Allen and come visit us, a football team that can win a game, etc.
However, I thought it might be worth writing a little list out in case [...]

Bush approves Big Three bailout

Built in America by radiospike photography
Pretty much everyone (Detroit News, Detroit Free Press, mLive, NY Times and Wall Street Journal) is reporting that President Bush has approved a $17.4 billion bailout. Assessments vary, but as the WSJ writes:
...it likely will achieve what officials recognized as a more important -- and perhaps conflicting -- goal: preventing [...]

Off the Mat Monday: Bailout busting, rare isotopes, keeping working and Jason Hanson

A2 City Reflections by Behind
My Blue Eyes ~~ Stevie Exxxx
Before we go into some positive economic stories from Michigan, here's The Big Fat Auto Bailout Collapse from The Daily Beast and Mitch Albom saying Hey, you senators: Thanks for nothing:
There ought to be a law — against the hypocrisy our government has demonstrated. The speed [...]

Final Frontier Wednesday: Star Trek in Detroit, Agreements in DC

Star Trek - TOS Bridge Set by tkksummers
The Detroit Free Press reports that:
"Star Trek: The Exhibition" is to make its first Midwest stop at the Detroit Science Center beginning Feb. 14, the museum is to announce today. Tickets are to go on sale Friday, in time for people to buy as Christmas gifts for their [...]