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Tag: Public Private Partnerships
By Corinthian Scales, Section News
Yessiree, folks. Yet another Green Job PPP (Public Private Partnership) in Michigan is swirling down the commode.
Solar energy products manufacturer Energy Conversion Devices Inc. -- the firm that invented the battery technology used in most hybrid vehicles on the road -- said Tuesday it plans to sell its profitable battery subsidiary.
But of course, all smart, successful corporations deep-six the profitable side of their business. Nah, it couldn't have anything to do with a realization of Chevy Volt sales or the death of a Ponzi scheme in Salinas, California.
In May, the company announced plans to lay off 300 workers, including 115 in Michigan, after posting a $243 million quarterly loss and suffering the effects of cutbacks in government incentives overseas. The company primarily makes, sells and installs thin-film flexible solar products and systems to the building and rooftop markets and now has about 1,300 employees.
Solar. Ya, that side of ECD, Inc. leeching $37 million out of taxpayers pockets belongs to Debbie's friend Jenny.
But this battery thing...
(6 comments, 452 words in story) Full Story
By JGillman, Section News
Tis true... The Republicans in congress have just been 'served'.
Rear ends on a platter, placed at a disadvantage, made to look mushy..yada yada. Republicans lost an advantage to the president last night because they don't yet understand that some things have deeper meanings.
Ronald Reagan said it best when he asked:
"Our people look for a cause to believe in. Is it a third party we need, or is it a new and revitalized second party, raising a banner of no pale pastels, but bold colors which make it unmistakably clear where we stand on all of the issues troubling the people?"
So following the election of November 2010, and the clarified will of the people, it would seem an opportune time to demonstrate that new clarity in a bold and cutting manner. The smallest section of the legislative chambers reflecting who was shown to be on the wrong side of the country with regard to their legislative maneuvering on such things as health care, energy, and social policy. It could have been so clear in the televised fashion, that change did indeed happen.
First, from a more free market type of economy, to a top down planned one. Then from a majority in the house to a decisive minority as a result of that very move.
Bold differences separate the lunacy on the left to the conservative ideals of the right. And it happens here as well. (more below)
(15 comments, 762 words in story) Full Story
External FeedsMetro/State News RSS from The Detroit News
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Politics RSS from The Detroit News
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+ Michigan education chief urges 'Marshall Plan' for failing schools
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+ Michigan Senate backs unlimited EAA expansion in '15
+ Proposed budget compromise splits some Michigan Republicans
+ Abortion health plan ban vote remains uncertain
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