Snyder is messing with tourism, stability of natural areas, adds to the heating of the waters of the Great Lakes, increases the evaporation of the waters and increases drought conditions.
9:01 PM, August 7, 2012
Gov. Rick Snyder has signed legislation (click title to entry - thank you) that makes the first significant changes to Michigan's sand dune law since the state established protections for critical areas more than two decades ago.
The law signed Tuesday cleared the Republican-controlled state Legislature last month. It gives builders an easier time gaining approval for houses, driveways and other projects on private land.
Environmental groups say the law will allow overdevelopment by weakening regulators' authority to block projects or require changes to reduce their impact.
Pro-development interests say the previous law was tilted heavily in favor of dune protection and prevents landowners from using their property....
Heavily favored in dune protection.
Ah. Yeah. How about that, huh?
Snyder is destroying democracy in cities and natural resources while real estate values are in the doldrums. What does Snyder think he is doing to the depressed real estate markets in Michigan? Improving them?
Snyder has got to be the worst Governor Michigan has ever seen in modern day economics. The worst! Nothing he is doing makes sense, only monies and exploitation to cronies.
I might add, the real estate values were recovering in Michigan before Snyder started his takeover of democratically elected government. Even Detroit was seeing increases in their real estate values.
By James Sunshine Posted: 08/03/2012 5:03 pm Updated: 08/03/2012 5:18 pm
...The arrangement allowed Macomb County (Michigan) to bundle up unwanted foreclosed homes (click here) with wanted foreclosed homes; McMachen is taking the unwanted property off the county's hands in exchange for paying all back taxes owed, an average of $7,500 per property, according to the Detroit Free Press.
"By packaging the good with the bad, it's in the center for somebody to come in and buy it all," Macomb County Treasurer Ted Wahby told Fox 2 in Detroit.
But some investors who wanted to bid for certain properties didn't like how the sale went down. One investor told the Fox affiliate that he was prepared to bid up to four times more on some properties than McMachen eventually paid. "I feel bad that it went that way," the investor said.
Too bad, argued Wahby. "People who are going to buy five or ten houses weren't buying them because they wanted to move in," Wahby told Fox. "They wanted to make money on them, and God bless them, I wish they could have, but that's not my mission. I have a job to do. I have to collect the taxes, and that's what we did."
There were 7,057 new foreclosures -- the majority bank foreclosures -- in Macomb County in June, or one in every 348 housing units, according to data from RealtyTrac....
And, oh, by the way. So, why not depress home values in Michigan if friends and cronies can cash in.
July 18, 2012
LANSING, MI - Michigan would spend the bulk of its $97 million share (click here) of a national settlement with banks to help homeowners hurt by the foreclosure crisis and reduce blight under legislation sent to Gov. Rick Snyder on Wednesday.
And, oh, by the way. So, why not depress home values in Michigan if friends and cronies can cash in.
July 18, 2012
LANSING, MI - Michigan would spend the bulk of its $97 million share (click here) of a national settlement with banks to help homeowners hurt by the foreclosure crisis and reduce blight under legislation sent to Gov. Rick Snyder on Wednesday.
The bills, approved overwhelmingly by the House and Senate, would create the Homeowner Protection Fund.
Michigan was among 49 states to join the federal government in signing a $25 billion settlement this year with the country's five major mortgage lenders - which faced allegations of mishandling millions of foreclosures and loan modifications nationwide. It was the largest consumer financial protection settlement in U.S. history, according to the Justice Department, and involved Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and Ally Financial....
