The Abatement Debate

Over the past forty years or so, Detroit has toyed with various tax gimmicks; increment financing, abatements, etc. to attract manufacturing, sports stadiums and/or other building projects. The intent was to shortcut the redevelopment process. By almost any measure, this strategy was a flop. City and state government recently approved massive public subsidies for millionaire […]

Read More

Code enforcement = blight removal?

Detroit’s campaign to bring the nearly 40,000 rental properties into compliance with the city housing code by 2020 defies logic. These codes were intended to prevent neighborhood deterioration. This blitz, however, will accelerate abandonment and decimate both low-income and middle-class communities. Rental property owners will have six months to register their units, bring them up […]

Read More
snyder dillion water deal

The Deal Snyder and Dillon Rejected-50% savings and clean water

THIS IS THE EMAIL EVERYONE SHOULD SEE.   SHOWS THE INSANE DECISION BY SNYDER TO ALLOW FLINT TO DISCONNECT FROM DETROIT WAS NOT FISCALLY SOUND — AND POLITICALLY MOTIVATED. (ANIT-DETROIT BIAS)?   IF SNYDER HAD ACCEPTED THIS DEAL, THE CATASTROPHE WOULD HAVE BEEN AVOIDED. I’ll make the actual proposal available to anyone who wants to […]

Read More
Detroit Flashback

Detroit’s “Coloreds-only” Flashback

Financial markets are unsentimental places. That’s why it is a little strange that Detroit Mayor Mike Duggan is pumped up about the Entrepreneurs of Color program, a creation of the nonprofit Detroit Development Fund, JPMorgan Chase and the W.K. Kellogg Foundation. The “coloreds-only” loan initiative sends the message that the city tacitly, if not officially, supports race […]

Read More
counterfeit compassion for poor

Duggan’s counterfeit compassion for the poor

That much of the Motor City’s self-sustaining entrepreneurial spirit has disappeared was again reinforced in a recent U.S. Census Bureau report. It revealed Detroit as the poorest city in America with populations of 300,000 or better– about 40 percent live below a poverty line of $24,008 for a family of four. Mayor Mike Duggan feigned […]

Read More