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Tagged: Michigan Watch

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Investigative
12:48 pm
Fri February 18, 2011

Money and tips to avoid foreclosure

Credit User thinkpanama / Flickr
The national rate of foreclosures has slowed

Nationwide and in Michigan the rate of foreclosures has slowed a bit in recent months.  But Realty Trac experts say that’s less a sign of a robust housing recovery and more a sign that lenders have become bogged down.  They’re reviewing procedures, resubmitting paperwork and formulating legal arguments related to accusations of improper foreclosure processing, the so-called robo-signing scandal.

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Environment
10:37 am
Fri February 11, 2011

Fracking leak in Michigan

Since producing a Michigan Watch series on the "hydraulic fracking" boom in Michigan last September and October on Michigan Radio, not much has been said or done about this method of drilling for natural gas.

A leak has now put the issue back in the news.

The Associated reports a leak has shut down a drilling operation not too far from Traverse City.

It's not yet clear whether it will damage underground water sources.  It does raise questions as to whether Michigan regulations are adequate to protect the environment while exploiting the gas reserves in the state.

Investigative
9:43 am
Fri February 11, 2011

Economic gardening? What's that?

Credit Photo courtesy of Inforummichigan.org and Peplin Photographic (larrypeplin.com)
Michael Finney - As CEO of the Michigan Economic Development Corporation, he's the state's chief "economic gardener."

When the Governor gave his State of the State speech, I was standing on the crowded floor of the House of Representatives.  Governor Rick Snyder outlined his plans to get Michigan back to work.  We all listened as he said the Michigan Economic Development Corporation would lead the way.

“The MEDC will recalibrate its efforts and become a better partner with these regional groups to enhance economic gardening, talent enhancement, and support service to companies.”

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Investigative
2:35 pm
Fri January 21, 2011

State of Michigan giving more in tax breaks than it collects

I was sifting through the many reports by Gongwer News Service.  Gongwer covers just about everything that happens in and around the Lansing capitol complex.  What caught my eye was an article entitled "State Estimates Tax Expenditures of $33.8 Billion for FY'11." 

I read through the Gongwer story which linked to a 111-page report by the Michigan Department of Treasury.

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Investigative
8:25 am
Wed January 19, 2011

Medicaid-welfare cuts could cost Michigan

Credit MDHS
A snapshot of Michigan's Assistance Application.

There are close to 10-million people in Michigan.  And almost three-million are now receiving some kind of state assistance.  Half of them are children.

“A lot of them are my next-door neighbors.  It’s bad in Michigan right now.  And people are in a position where they’ve never been," says Becky Clark, who works with the Michigan Department of Human Services in Lenawee County.

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Investigative
6:12 am
Mon January 17, 2011

Will cities, villages and townships lose revenue sharing again?

Credit Lester Graham / Michigan Radio
Lawmakers in Lansing may have to cut revenue sharing with local governments to fill the $1.8 billion budget hole.

The money the state sends to local governments is called revenue sharing.  But "sharing" might not be quite the right word.  It’s actually a promise, a deal the state made with the towns we live in. 

Summer Minnick is with the Michigan Municipal League.  It represents the interests of the cities, villages and townships to state leaders.  She says decades ago, local governments gave up the power to charge their own sales tax to raise money.

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