Category Archives: Finance

Five things you need to know for Thursday, March 27, 2008

Welcome to a special Michigan Homes & Real Estate edition of Five Things you need to know about Michigan. Before I dive in I wanted to say a little something about our month themes. We got the word that a) you like them but b) you would like them to be not so loud so [...]

Credit crisis looming for Michigan students?

Shadows At The Education Building by pinehurst19475 Today’s Detroit News reports that the state of Michigan has suspended the MI-LOAN student loan program indefinitely. Apparently losses in the sub-prime loan industry have damaged the ratings of companies that offered bond insurance, leading Michigan officials to believe they would have difficulty selling bonds to generate the [...]

Five things you need to know for Tuesday, February 5, 2007

Welcome to a Super Fat Pazcki Tuesday edition of Five Things you need to know about Michigan. We’ve been meaning to share the video of Gov. Granholm’s 2008 State of the State speech, which probably ranks near the top in the “Getting People Who Don’t Want to Stand Up and Applaud to Stand Up and [...]

Five things you need to know for Tuesday, January 29, 2008

Welcome to the Michigan Goes Global edition of Five Things you need to know about Michigan where we try and see how Michigan and Michiganians have fared on the wider stage over the last week or so. Somehow we didn’t have room to fully explore Grand Rapids’ title as the new Bingo Capitol of the [...]

Service Tax repeal appears certain

Capitol, Landing MI by Irina Vasiliu Below you’ll find a news release from Governor Granholm regarding an agreement to add a 21.9% surcharge to the new Michigan Business Tax to replace the 6% Michigan Service Tax. The Detroit Free Press and Detroit News have details on the agreement as well. Share this:

The Eleven Seconds to Midnight Gang rides again

Carousel by jnhkrawczyk “We’ve got a shift starting in 36 hours that we’ve got to charge 6% more on … and I don’t know how to do it.” -John Evans, president of Evans Distribution Welcome to Michigan, where we somehow seem to be stuck in the Reality TV version of Groundhog Day: Your Government inAction. [...]

Five things you need to know for Tuesday, November 27, 2007

They said it: Dana Johnson, chief economist for used-to-be-Detroit-based Comerica Bank in forecasting modest 1-2% growth for Michigan’s economy in 2008. We’ll finally have the sense, after four years of a downturn, we’re on a rise again. Roy Williams, on the I don’t want it, you take it NFC playoff race: Yeah, we’re in this [...]

Five things you need to know for Wednesday, November 14, 2007

Downtown, down the hatch, downriver, downstream – I’m sensing some kind of a theme here… Quicken Chooses Detroit Yesterday’s Detroit News reported that Quicken Loans has chosen to move its headquarters to Detroit: The move, pending yearlong studies of the former Hudson’s site on Woodward and vacant Statler Hotel site, would consolidate at least 4,000 [...]

Five Things You Need to Know for Tuesday, November 6 2007

It’s an off-year Election Day edition of Five Things You Need to Know about Michigan. Despite the lack of big name offices to decide, there’s a lot of the nuts and bolts decisions to make about schools and local government. The Secretary of State reminds you to bring your photo ID to the polls for [...]

Five things you need to know for Thursday, October 18, 2007

Welcome to the “We don’t need costumes to scare you, we’re politicians” edition of Five Things you need to know about Michigan. Legislation to Repeal Service Tax Introduced The Freep reports that although the ink is barely dry on the package that averted a governmental shutdown, legislation was introduced yesterday in the Senate to repeal [...]