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Author Archives: admin
Ken Patterson’s wonderful bridge
As Canadian and US governments gear up to spend billions on a replacement to Detroit’s Ambassador Bridge, another Detroit bridge project is largely unknown. Kenneth Patterson built a suspension bridge over the Rouge River with a few parts from a … Continue reading
Posted in Adventures on the Rouge
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California to reform school bond practices
By Joel Thurtell California legislators are poised to enact a law meant to reform the way the state’s school districts borrow through Capital Appreciation Bonds. Cabscam California was reported first on joelontheroad, which made the 1000-plus percent interest as proportion … Continue reading
Posted in CAB scams, Muni bonds
Tagged Capital appreciation bonds, municipal debt, school bonds
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Arming the Free Press newsroom
By Joel Thurtell Detroit Free Press politics editor James Hill carries a pistol. Hey, James — are you packin’ that gat in the newsroom? It’s one thing to fend off attackers by pointing to your holstered pistol at a gas … Continue reading
Crying wolf on the ‘chilling effect’
The dual revelations, in rapid succession, also suggested that someone with access to high-level intelligence secrets had decided to unveil them in the midst of furor over leak investigations. Both were reported by The Guardian, while The Post, relying upon … Continue reading
Posted in Joel's J School, Subpoenaed reporters
Tagged chilling effect, First Amendment
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Fox 2 plans re-do of 2005 Free Press canoe trek
By Joel Thurtell A reporter and a photographer paddling the Rouge River over five days in the first week of June, renting their canoe from a Milford livery and refusing help from establishment environmental and river friends groups. Their aim … Continue reading
Bait and switch for press ‘freedom’
By Joel Thurtell Would some wise person in the media please explain to me how the government’s surveillance of The Associated Press’s phones translates into a new push for a so-called federal “shield” to insulate mainstream journalists from subpoenas? Somehow, … Continue reading
We need a federal ban on CABs
By Joel Thurtell According to California Treasurer Bill Lockyer, those school board members at San Diego’s Poway Unified School District who authorized bonds with a 10-to-1 ratio of debt to principal ought to be recalled. “Stupid,” was Lockyer’s description of … Continue reading
‘Michigan blogger’ to talk CABs to California
By Joel Thurtell At 2:15 PM on Friday, May 10, I’ll be in Sacramento telling members of the California League of Bond Oversight Committees how I learned about Capital Appreciation Bonds in Michigan 21 years ago. I’ll talk about how … Continue reading
Posted in Bad government, CAB scams, Muni bonds
Tagged Capital appreciation bonds, Municipal bonds
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Ashenfelter-Convertino: Essential reading
By Joel Thurtell A federal judge has ordered the Detroit Free Press to reveal the names of US Justice Department officials who illegally disclosed secret grand jury information about a former assistant US attorney, Richard Convertino. Convertino has sued the Justice … Continue reading
Convertino case: Judge orders Free Press to name sources
By Joel Thurtell Former assistant US attorney Rick Convertino’s lawsuit against the US Justice Department is still alive, despite a federal judge’s decision to let a Detroit Free Press reporter, now retired, off the hook as a witness in the … Continue reading