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MI Morning Update 10-12-2008

ACORN Revealed, The beginnings of the financial mess, Big 3 on the ropes, Research does not equal jobs for Michigan

23 Days Until Election Day

October 12, 2008

MORNING UPDATE:

SUNDAY TALK SHOW SCHEDULE BELOW…check who’s up on what show below under the Rest of the Story.
 
MICHIGAN SUPREME COURT… The National Rifle Association joins the many other organizations in endorsing Cliff Taylor for re-election to the Michigan Supreme Court. “Michigan gun owners, hunters and sportsmen truly appreciate your leadership on the court, and we wholeheartedly endorse your candidacy.” They were particularly appreciative of the Chief’s faithful adherence to the Michigan Constitution and Michigan law.
 
Ironically, the publication of the NRA endorsement was done at about the same time as Democrat Diane Hathaway & friends were mailing incredibly misleading literature accusing Cliff of taking away people’s right to hunt on private property. Oh, and let’s not forget the sleazy robo-telephone calls that repeated the smear! This is nothing but a dishonest scare tactic aimed at Michigan’s outdoors enthusiasts. For more information on the NRA endorsement, and the outrageously misleading brochure, go to www.CliffTaylor.com.
 
TIM WALBERG…Tim Walberg has a new ad up tying Liberal Mark Schauer to liberal filmmaker Michael Moore, and hammers the Battle Creek Democrat for voting to give drivers licenses to illegal aliens and for his support of the largest tax increase in state history.  Tim is taking it right to Schauer in Michigan’s 7th Congressional District, pointing out that on every issue that matters to working families, Mark Schauer is wrong for Michigan.
 
JOE KNOLLENBERG…Joe continues to take the lead for Michigan and his constituents in Oakland County. The Detroit Free Press recently congratulated Congressman Knollenberg for his principled leadership, and Chrysler CEO Robert Nardelli thanked Congressman Knollenberg for fighting to “put us on a path to recovery and help secure the future for people in Michigan and across the country.” That’s the kind of leadership Michigan needs in Washington.
 
VOTER FRAUD…105% REGISTERED IN INDIANISPOLIS…ACORN OFFICES RAIDED IN NEVADA…ACORN FRAUD CASE TURN OVER IN MICHIGAN…this is more than just a pattern.  ACORN, which is being funded by the Obama campaign…where is the outrage…where is lawn enforcement.
http://www.redstate.com/diaries/redstate/2008/oct/08/105-of-indianapolis-registered-to-vote/

CNN REVEALS ACORN FRAUD…CNN did an in-depth story on voter registration fraud, exposes how ACORN gave over $800,000 to fund their efforts and is raising questions of the legitimacy of ACORN registered voters nationwide.  Where is law enforcement when you need them. Talk about a crisis in confidence.
http://migop.blogs.com/blog/2008/10/ccn-finds-acorn.html

OBAMA, CLINTON & ACORN FORCED THIS CRISIS…A MUST SEE…Watch as Andrew Cuomo, Clinton’s Secretary of Housing and Urban Development, admits the Clinton administration forced banks to make bad loans families would not have qualified for without the wrongheaded loan "affirmative action." And see how ACORN "community organizers" and the Democrats’ community organizer in chief, Barack Obama helped bring us this financial crisis.
 
http://migop.blogs.com/blog/2008/10/obama-clinton-a.html
 
And here is a short, but excellent analysis from Investor Business Daily of why we are where we are…please look at the graph in the attached article as well.
 
http://migop.blogs.com/blog/2008/10/one-of-the-best.html
 
GRASSROOTS VOLUNTEERS NEEDED…as we reorganize Victory Centers and Call Centers around the state, volunteers continue to make calls, knock on doors and make contributions to fight for Republican candidates up and down the ticket.  Please check this link for a Victory Center near you.  We need you now, more than ever. http://www.migop.org/inner.asp?z=113

MICHIGAN YOUTH EFFORT GROWS…COLLEGE REPUBLICANS STATEWIDE JUMP IN …our Michigan Youth Counts effort, designed to stop the "brain drain" this weekend were in Battle Creek making phone calls, knocking on doors with local candidates for State Representative.  For more information please contract Program Director Anthony Markwort at: amarkwort@migop.org

SECRET BALLOT vs COERSION…CARD CHECK…Protect the workers’ right to a secret ballot. The vast majority (around 81%) of Americans believe that American workers have a right to have a secret ballot election before they are forced to join a union. Last year the House Democrats passed a bill that would strip American workers of the secret ballot. A new bill should be introduced reaffirming that right, and it should be brought up again and again until marginal Democrats are forced to vote with the American people against the union power structure.  This, coming from a Teamster.
For more information go to: http://www.unionfacts.com/cardcheck/whatIsCardcheck.cfm

FACEBOOK…MICHIGAN McCAIN SUPPORTERS…join this group to get the latest on what’s happening in our region.
 
FACEBOOK…MIGOP SUPPORTERS…join this group to get the latest on what’s happening with the Michigan Republican Party…share your thoughts…give us some input.

JACK HOOGENDYK FOR U.S. SENATE…to follow the latest on Jack’s campaign to defeat Carl Levin go to: http://www.jackformichigan.org/media.htm

SLATECARD…AN EASY WAY TO CONTRIBUTE TO OUR FRIENDS…Slatecard was designed to allow easy, online way to contribute and support our candidates for federal office. Please take a minute to check it out…and hopefully help.

GOP TOOLBAR…download it, use it, it’s free…and every time you use the Yahoo search on a sponsored site, the Michigan Republicans pick up a contribution.  It’s easy and costs you nothing. Please check it out.


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FOR THE LATEST NEWS,COMMENTARY & INFORMATION:

Check…out…our…onlineArticles of Interest………News…you…can…use………

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REST OF THE STORY:

SUNDAY MORNING TALK SHOWS:

ABC’s ‘This Week’ – Rep. Barney Frank, D-Mass.; Rep. Roy Blunt, R-Mo.; Former Treasury secretaries James Baker and Lawrence Summers.

CBS’ ‘Face the Nation’ – Sen. Lindsey Graham, R-S.C.; Gov. Bill Ritter, D-Colo.; Mayor Doug Wilder, Richmond, Va.; Rep. Adam Putnam, R-Fla.; C. Fred Bergsten, director, Peterson Institute for International Economics.

NBC’s ‘Meet the Press’ – Gov. Jon Corzine, D-N.J.; Former Rep. Rob Portman, R-Ohio.

CNN’s ‘Late Edition’ – Forbes Inc. CEO Steve Forbes (McCain supporter) and former Clinton Labor Secretary Robert Reich (Obama supporter); Sens. Arlen Specter, R-Pa., Chuck Schumer, D-N.Y. and Rep. Debbie Wasserman-Schultz, D-Fla.

‘Fox News Sunday’ – David Axelrod, campaign adviser for Barack Obama; Rick Davis, campaign adviser for John McCain; Gov. Ed Rendell, D-Pa.; Gov. Tim Pawlenty, R-Minn.

TODAY’S TOP STORIES

The following stories and more are available at myArticles of Interest online.

Bad tax takes terrible toll on Michigan’s businesses

Restaurants used to be filled with customers most nights of the week, and particularly on weekends. Patrons were glad to have delicious meals served to them and to pay for the dining experience.

Oh, how times have changed.

As a small business owner and operator of independent dining establishments in Milford, I have been faced with tremendous economic challenges to keep my restaurants in business and my customers well fed. And of course, my customers have been faced with similar economic challenges that make it more difficult to make ends meet.

As almost everyone knows, Michigan’s economy is really bad right now. It has never been harder to own and operate a small business, especially in the restaurant industry. Labor costs and supplier costs are up, and that is on top of the taxes we face.

More GM plant closures possible

DETROIT (AP) — General Motors Corp. is likely to announce further production cuts and possible plant closures as early as next week as it deals with slumping sales and a collapse in its stock price, a person with knowledge of the company’s plans said Friday.

The person, who did not want to be identified because the plans are not finalized, said the cuts likely will hit engine, transmission and stamping operations to correspond with a June announcement that GM would close four truck and sport utility vehicle assembly plants.

The closures of those assembly plants likely will be accelerated, the person said. GM announced last week that its Moraine, Ohio, SUV factory will close Dec. 23, and it has said it will idle assembly factories in Oshawa, Ontario; Toluca, Mexico; and Janesville, Wis., by 2010.

Severe industry slump spurs talk of unprecedented tie-ups among Detroit’s Big 3

Robert Snell, Bryce G. Hoffman and Christine Tierney / The Detroit News

Detroit’s automakers, facing the weakest auto market in nearly two decades and running low on cash, are discussing previously unimaginable combinations among themselves to get past a treacherous downturn.

In just four months, General Motors Corp. has broached the possibility of a merger with both of its rivals, Ford Motor Co. and Auburn Hills-based Chrysler LLC, owned by Cerberus Capital Management LP.

"It’s a pretty ominous sign to see these discussions in a way," said John Casesa, managing partner of the consulting firm Casesa Shapiro Group. "This is an extremely grave situation in Detroit."

The domestic automakers were in the midst of turnaround efforts when the U.S. auto market took a sudden nosedive last spring as gas prices surged. Demand plunged further as the country’s credit system faltered.

Last week, auto consulting firm J.D. Power and Associates cut its 2008 and 2009 forecasts again. It now predicts U.S. sales will sink to 13.6 million cars and trucks this year and to 13.2 million in 2009 — their lowest level since 1992.

RM Exclusive: Stem Cell committee exporting Michigan jobs, hundreds of thousands of dollars

By Nick De Leeuw

"It’ll bring jobs. It’ll bring jobs as dollars become available to do the research. And if intellectual properties are developed from this research, which I’m certain they will be, that will bring more jobs."

That’s the prognosis from Dr. Joe Schwarz, the one-time Congressman from Michigan’s 7th District and the current front-man for Cure Michigan, the Proposal 2 ballot organization asking voters to legalize taxpayer funded destruction of human embryos via a rewrite of Michigan’s current embryonic stem cell laws.

Schwarz made his proclamation during a September 9th discussion of the ballot proposal on Detroit radio WWJ’s political roundtable program, Eye on Michigan Politics. He echoed the oft-repeated claims of Prop 2 supporters who have taken a cue from Michigan’s 8.9 percent unemployment rate and public opinion polls that consistently rank the economy the top issue in the state, choosing to market their initiative in terms of job creation. Only a week ago he wrote a guest column in the Observer and Eccentric that put a number to his broader statements, stating Prop 2 will create "8,000" Michigan jobs.

Investors’ Real Fear: A Socialist Tsunami

The freeze-up of the financial system — and government’s seeming inability to thaw it out — are a main concern, no doubt. But more people are also starting to look across the valley, as they say, at what’s in store once this crisis passes.

And right now it looks like the U.S., which built the mightiest, most prosperous economy the world has ever known, is about to turn its back on the free-enterprise system that made it all possible.

It isn’t only that the most anti-capitalist politician ever nominated by a major party is favored to take the White House. It’s that he’ll also have a filibuster-proof Congress led by politicians who are almost as liberal.

ACORN: A Clear and Present Danger

by Burt Prelutsky

As you may have noticed, left-wingers really hate to lose. That’s why, even eight years after the fact, they are still wringing their hands over the 2000 presidential election. They still insist that George W. Bush and the Republicans swiped it, even though several objective sources have since confirmed that, chads or no chads, Bush carried Florida, and that Sandra Day O’Connor, otherwise a heroine to leftists, was one of the Supreme Court justices who ruled against Al Gore, the candidate who couldn’t even carry his home state. Which is reason enough all of us should be forever grateful to the voters in Tennessee.

The idea that the Democrats have been crying “Foul!” for eight long years should appeal to everyone who appreciates irony. For it is those on the far left who have done everything in their power to corrupt the election process. One of their chief means of doing so has been through the activities of a group known as ACORN (Association of Community Organizations for Reform Now). With approximately 175,000 dues-paying members, they own TV stations, businesses and periodicals, and have offices stretching from Canada to Peru, with over 80 offices in the U.S.

To give you some idea how all-encompassing the group is, they have schools where the children of leftists are trained in class-consciousness; they run boot camps for training street activists; and, like Jesse Jackson’s Rainbow Coalition, they extort money from banks and other businesses by threatening racial violence and trumped-up civil rights charges. One can almost imagine Marx, Lenin and Stalin, shaking their heads in admiration and hoisting their glasses in toast.

It’s time to let markets do their messy work

By JONATHAN MACEY

Despite all the hard work and good intentions on the part of our public officials, when economists and historians look back on the current financial crisis they are likely to conclude that government intervention prolonged and deepened it. In particular, officials at the Federal Reserve, the Securities and Exchange Commission and the Treasury Department are to blame for publicly losing confidence in the very economic system they are supposed to protect.

The Fed, the Treasury and the SEC appear to be in a state of panic. A crisis mentality led the custodians of the U.S. capital markets publicly to jettison their lifelong commitments to the capital markets in favor of a series of short-term regulatory quick fixes. Even more troubling, for the past several months the doyens of U.S. fiscal and monetary policy have ignored the most fundamental principle of central banking, which is that the primary responsibility of central bankers is to promote stability and to maintain confidence in the capital markets. Our central bankers appear to have suddenly lost confidence both in their own abilities and in the standard tools of fiscal and monetary policy.

The original Treasury plan — which called for the transfer of virtually unlimited taxpayer dollars and unlimited spending discretion to Treasury with no judicial or congressional oversight — sent a very bad signal to the markets. Instead of restoring confidence, this approach to the crisis instilled more fear and panic in the markets.

Government to buy bank stocks

Jeannine Aversa / Associated Press

WASHINGTON — The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the world despite all efforts to slow the selling stampede.

Separately, the U.S. and the globe’s other industrial powers pledged to take "decisive action and use all available tools" to prevent a worldwide economic catastrophe.

"This is a period like none of us has ever seen before," declared Paulson at a rare Friday night news conference. He said the government program to purchase stock in private U.S. financial firms will be open to a broad array of institutions, including banks, in an effort to help them raise desperately needed money.

The coming Obama thugocracy

By Michael Barone

"I need you to go out and talk to your friends and talk to your neighbors," Barack Obama told a crowd in Elko, Nev. "I want you to talk to them whether they are independent or whether they are Republican. I want you to argue with them and get in their face." Actually, Obama supporters are doing a lot more than getting into people’s faces. They seem determined to shut people up.

That’s what Obama supporters, alerted by campaign emails, did when conservative Stanley Kurtz appeared on Milt Rosenberg’s WGN radio program in Chicago. Kurtz had been researching Obama’s relationship with unrepentant Weather Underground terrorist William Ayers in Chicago Annenberg Challenge papers in the Richard J. Daley Library in Chicago — papers that were closed off to him for some days, apparently at the behest of Obama supporters.

Obama fans jammed WGN’s phone lines and sent in hundreds of protest emails. The message was clear to anyone who would follow Rosenberg’s example. We will make trouble for you if you let anyone make the case against The One.

A Look At What Movie Incentives Can Lead To

By MICHAEL CIEPLY

LOS ANGELES — Already on the hook for billions to bail out Wall Street, taxpayers are also finding themselves stuck with a growing tab for state programs intended to increase local film production.

One of the most shocking bills has come due in Louisiana, where residents are financing a hefty share of Brad Pitt’s next movie — $27,117,737, to be exact, which the producers will receive by cashing or selling off valuable tax credits.

As the number of movies made under these plans multiplied in recent years, the state money turned into a welcome rescue plan for Hollywood at a time when private investors were fleeing the movies. But the glamour business has not always been kind to those who pick up the costs, and states are moving to rein in their largess that has allowed producers to be reimbursed for all manner of expenditures, whether the salaries of stars, the rental of studio space or meals for the crew

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