  Jimaz Member Username: Jimaz Post Number: 3245 Registered: 12-2005 |
$100M to help region's economy quote:Is this not good news? | ||
Johnlodge Member Username: Johnlodge Post Number: 2446 Registered: 10-2003 |
Yes, I remember this story from February. Good news. | ||
Gistok Member Username: Gistok Post Number: 5333 Registered: 08-2004 |
Michigan Attorney General Mike Cox does deserve credit for shaking the Ford Foundation money tree. | ||
Jimaz Member Username: Jimaz Post Number: 3247 Registered: 12-2005 |
quote:Apparently they haven't decided yet what exactly to do with the money but it is "committed." I thought I'd find forumers dancing in the street over this.  | ||
Gistok Member Username: Gistok Post Number: 5334 Registered: 08-2004 |
It's hard to get excited over intangible spending... they don't even know how it's going to be spent. Once they make up their mind, then we can start getting excited. | ||
Detroitrulez Member Username: Detroitrulez Post Number: 391 Registered: 12-2006 |
why not? You get excited over intangible sim-city style planning just about every day (see, e.g. masturbatory postings about the Government buildings). | ||
Jimaz Member Username: Jimaz Post Number: 3250 Registered: 12-2005 |
Well, then, I'll ask the obvious: How would it be best invested? | ||
Gistok Member Username: Gistok Post Number: 5336 Registered: 08-2004 |
Jimaz, ignore him, he's a smart alec that never contributes any posts or ideas (that Lowell hasn't deleted) that have been worthwhile... so all he ever does on this forum is belittle others ideas or suggestions to make himself look big... kinda sad... Best answer I can think of Jimaz... job growth... or something like the WPA of the 30's... I dunno... | ||
Dabirch Member Username: Dabirch Post Number: 2402 Registered: 06-2004 |
quote: With all due respect, Gistok, have you read the "helping out-of-towners" thread? Without DR on that, that thread dies. Now it has spawned a life of its own. Thank you Detroit Rulez! Thank you... | ||
Charlottepaul Member Username: Charlottepaul Post Number: 1672 Registered: 10-2006 |
"How would it be best invested?" Some while back there was a thread that suggested a "Kalamazoo Promise" for the city of Detroit. Seems to me that that is still a good idea. While it would likely not directly effect the economy per se, it would encourage kids to stay in school and help the city. | ||
Jimaz Member Username: Jimaz Post Number: 3251 Registered: 12-2005 |
Yeah, the WPA or CCC sounds like just what we need most around here. It's not as if it were a completely untested idea. That's a good one. I guess that's what Hamp meant by "... create 'high-wage, high-knowledge' jobs in the service sector." It will be interesting to see how this all plays out. | ||
Gistok Member Username: Gistok Post Number: 5339 Registered: 08-2004 |
Dabirch I agree, "spawned" seems to be the best way to describe that thread... | ||
Jimaz Member Username: Jimaz Post Number: 3260 Registered: 12-2005 |
<sarcasm> Should we just give it back? </sarcasm> | ||
Patrick Member Username: Patrick Post Number: 4933 Registered: 10-2003 |
http://detnews.com/apps/pbcs.d ll/article?AID=/20070914/OPINI ON03/709140387/ In a bid to direct more of the Ford Foundation's $500 million in annual grants to Michigan, two state lawmakers plan to introduce legislation today that would require foundations incorporated here to give half their grants to Michigan causes unless otherwise stated in their founding articles | ||
Gistok Member Username: Gistok Post Number: 5349 Registered: 08-2004 |
Thanks for the link Patrick! Looks like the Ford Foundation may be spending more in Michigan whether a bill gets passed or not. | ||
Charlottepaul Member Username: Charlottepaul Post Number: 1703 Registered: 10-2006 |
"In a bid to direct more of the Ford Foundation's $500 million in annual grants to Michigan, two state lawmakers plan to introduce legislation today that would require foundations incorporated here to give half their grants to Michigan causes unless otherwise stated in their founding articles" Could backfire and cause foundations to move out of the state. Think that the lawmakers thought of that? Foundations should be able to do whatever they want with their money, not have the government do that. Am I way out of line here? | ||
Gistok Member Username: Gistok Post Number: 5352 Registered: 08-2004 |
Depends on how they were chartered/founded. IIRC, both Skillman and Merill-Palmer can ONLY spend their money within the city of Detroit. That's why when Channel 56 moved to Wixom (those bastards!)... they lost funding from some foundations. | ||
Lefty2 Member Username: Lefty2 Post Number: 163 Registered: 07-2007 |
thats what the government is for. to control most aspects of your life and tell you how to do things. Although 100M is a nice contribution via henry ford. |
