If you would like to be added or dropped from the Michigan ping list, please freepmail me.
Posted on 04/05/2010 8:58:05 AM PDT by MichCapCon
Readers of the state of Michigan's various Web sites would be hard pressed to find evidence of one of the more embarrassing incidents to have happened this year to the Granholm administration.
On March 16, Gov. Jennifer Granholm announced in a press-release a series of state tax credits awarded to businesses, including one to a now-infamous company named RASCO. The press release stated the "the new-to-Michigan leader in renewable energy, water and telecommunications sectors" was approved for a $9.1 million tax credit and would create 1,813 new jobs.
The state nixed the deal when it found that RASCO CEO Richard A. Short was a convicted embezzler. The Flint Journal reported that at the same time he was working on the state tax deal, authorities said he was scamming an 86-year-old neighbor with dementia out of thousands of dollars.
The official press release on the tax credits has now been revised and has no mention of RASCO.
Bridget Beckham, a spokeswoman for the Michigan Economic Development Corp., which oversees the tax credit program, said RASCO was removed to "avoid confusion." She said there is a link with MEDC CEO Greg Main's statement on RASCO. At the bottom of the Web site, under "Press Releases" are four links including one that reads: "Statement by Greg Main, MEDC President and CEO."
(Excerpt) Read more at michigancapitolconfidential.com ...
zowie. so would there have been riots for these few open positions?
Is the government job-rationing now?
Why would people in Michigan riot over jobs being offered?
I thought people went to Michigan so they didn't have to work and could get all of that Obama money.
yes... this is sarcasm.
For years Michigan’s economy has been functioning as if it were an East Bloc Soviet Satellite State. So now Jenny Granholm is just bringing state government on board with the program. (have they finished airbrushing George Romney out of the pictures yet?)
If you would like to be added or dropped from the Michigan ping list, please freepmail me.
Well, they rescinded the credit so of course it wouldn’t be on the list....
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