
“It’s Republican Governor Rick Snyder’s turn to tout a comeback spurred by a stadium for a suburban fan base financed with help from city taxpayers. Snyder approved a plan to put public money toward a $450 million downtown arena on behalf of the the National Hockey League’s Red Wings and their billionaire owners. The 18,000-seat complex and a planned $200 million private development nearby would transform a blighted area into one with apartments, offices, restaurants and shops, says Snyder, who controls the city through an appointed manager. Critics call the plan a giveaway to Mike Ilitch, owner of the Red Wings, the Tigers and the Little Caesar’s pizza chain.”
Related posts:
Dan Mitchell Debating Tax Havens
Gold price falls to five-year low on US rate rise talk
Global Debt Exceeds $100 Trillion as Governments Binge, BIS Says
Banking with Bitcoin
Jordanians ‘suspicious’ about U.S. troop movements
Basta 'La Casta': No End in Sight to Italy's Economic Decline
Fla. officials under fire for impeding ObamaCare 'navigators'
EBay's double tax base prompts calls for investigation
Growing number of educators boycott standardized tests
U.S. missile defense system test sputters out
Russia to block US agricultural imports
Firefighter handcuffed and threatened with taser for waving at police while black
JPMorgan Chase stops trading 'non-financial' commodities amid federal pressure
Government Now Tracking Millions of U.S. Cars
Egypt TV head denies inciting president’s murder