Thursday, April 21, 2011


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Maddow: Mich. Gov. Snyder using new ‘Emergency Financial Managers’ law to assist corporate land grab from the poor

* Posted on 04.20.11
* By Roxanne Cooper
* Categories: Nation

Benton Harbor, MI is 10,235 population town. 85.5% of the residents are African-American. The per capita income is among the lowest in the state: $10,235.

Michigan Governor Rick Snyder recently castrated the city government of the struggling town, using his controversial “Emergency Financial Managers” law. The law, as Raw Story previously reported, allows Snyder to “take over municipalities that don’t pass a financial stress test.”

On Tuesday night, MSNBC’s Rachel Maddow made the case that Snyder, Whirlpool (global headquarters in Benton Harbor), Harbor Shores (a developer) and assorted political cronies are using the newly enacted law to grab prime beachfront property deeded to the city’s residents in 1917 in order to develop it into a Jack Nicklaus-designed golf course and luxury “signature” homes.

Watch the segment below, which originally aired on MSNBC’s Rachel Maddow Show on April 19, 2011.

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1 comment:

Anonymous said...

Ok, this is really quite simple. The wealthy have way too much money; I think that is a good definition.
So lets take it. Well they won't let you, but they will give it up willingly for a nice house with a lake view on the golf course. They will spend one weekend a month there, or maybe a week a year. In the mean time, the locals will provide for all of their maintenance, upkeep, and other service to provide for their coveted lifestyle. The locals will live nicely, however, they will have to give up their view of the lake. Who cares. I live in the mountains and you stop looking at them after about three days.

I live in a place like this. It is called Colorado. The disgusting rich bastards have provided me with a pretty nice lifestyle. I work in the resort towns and extract a very nice living from these people.

If these poor black folk were smart they would buy into this with every asset they have. Control the secondary market for services, construction, etc. and you will see a whole new generation of successful, happy, minority folks.

Stop and think about the economics...............

BTW professor Griscom I do like your site, sorry I am not the kind of guy you like.