Friday, June 1, 2018

Sandy Baruah Sucks & Deserves A Subpoena For What He Did To Detroit

Image result for Sandy Baruah detroit land bank authority
Sandy Baruah,
Detroit Land Bank Authority
"Financial Genius"
(trademark pending)
Please take note that U.S. Representatives Trey Gowdy and Elijah Cummings,, Chairman and Ranking Member of Oversight Committee, respectively, may take a different approach when it comes to the legacy of Snyder and civil rights.

Snyder may not be called again to testify in Congress.

There may be a referral to the U.S. Department of Justice, but hey, what do I know?

I wonder what Neil Barofsky knows about Sandy?

I do know Sandy Baruah works with the Detroit Land Bank Authority that paid him to do the Global Detroit Annual Report 2017.

I also know Sandy should be given proper credit for the structuring of  the fraudulent TARP scheme because he lauds its benefits to the people, of which there were none, as we know it was a bait and switch scheme generated by Rahm Emanuel and John Podesta.

If he is a member of the Advisory Board at Community Development Financial Institutions Fund, then how did the Detroit Land Bank Authority cash checks if it was never incorporated?

Sandy sits on the Federal Reserve Bank of Chicago, in Detroit.

From Bloomberg profile:

Sandy K. Baruah serves as Director of Detroit at Federal Reserve Bank of Chicago since January 1, 2018. He has been Chief Executive Officer and President of Detroit Regional Chamber since March 15, 2010. Mr. Baruah served as Executive Vice President of Council on Competitiveness. Mr. Baruah leads Council on Competitiveness policy development team and is responsible for strategic planning. From 2008 to 2009, he led the United States Small Business Administration (SBA). In this role he was responsible for SBA's $18 billion small business loan portfolio, helping to shape the federal governance response to the 2008 credit crisis and supporting the government's efforts to provide assistance to the automotive industry. Mr. Baruah also served as the U.S. Assistant Secretary of Commerce with the responsibility of leading the Economic Development Administration. He is credited with helping to transform the agency into one of the top-performing federal agencies. Mr. Baruah serves on the board of directors for Orkestra-Basque Institute of Competitiveness and WavePoint Ventures and an advisor to the Palladium Group, a management consultancy. He is a Member of the Advisory Board at Community Development Financial Institutions Fund. He holds a BS from the University of Oregon and an MBA from Willamette University.

Sandy is framing his own legacy because everyone knows Snyder only does what he is told.

Sandy is throwing Snyder under the bus. 

How do I know this?  Well, let us just say that Emergency Manager Law fell right into my field of expertise when it comes to System Suckology.

Sandy sucks and deserves a subpoena for what he did to Detroit.

Snyder frames legacy with plea for civility

Mackinac Island — The greatest threat to the United States is not North Korea or Iran, Gov. Rick Snyder this week told Michigan business and political leaders.

“Our greatest threat is us.”

The term-limited Republican used the final Mackinac Policy Conference of his eight-year tenure to reinforce his call for civility in politics and public life, bemoaning the harsh rhetoric and polarization that has only grown during his time in office.

“It should never be something you give up on,” Snyder said from a rocking chair on the porch of the Grand Hotel, telling reporters he hopes the proverbial pendulum will swing back soon. “It’s gotten to the point now, you know, how much further can it go?”

In an emotional keynote at the Detroit Regional Chamber's annual policy confab, which also functioned as an exercise in legacy building for Snyder, the former technology executive urged business officials to “vote for leadership” and beware of political candidates who talk about “fighting.”

Snyder told The Detroit News he intends to keep pushing for civility in some role even after he leaves office at the end of the year, suggesting a breakdown in thoughtful dialogue has eroded trust in government and institutions.

So did the Flint water contamination crisis, Snyder told reporters in a subsequent media session, acknowledging a major mark on his legacy he hopes will not completely define it.

The Flint crisis was “a step back in terms of trust — there’s no doubt about that,” he said. “But hopefully … most Michiganders feel better off, more excited about the state’s future, than when I took office.”

'Relentless Positive Action'
Snyder has played an active role in shaping the annual policy agenda at the Mackinac conference, which traditionally functions as a booze-fueled networking event that he said he had grown weary of as a civilian.

During his time in officer, however, the governor has used the island gathering to help broker major deals, including planned construction of the Gordie Howe International Bridge that will connect Detroit and Windsor. His hand-on approach has made him a popular figure at the event.

Sandy Baruah, President and CEO of the Detroit Regional Chamber, renamed the 2018 Mackinac confab the “Relentless Positive Action” conference, an ode to the oft-repeated mantra of a governor he called “transformative” for the state.

“He is a different kind of leader,” Baruah told The News, praising Snyder’s non-confrontational style and the economic gains under the governor. “When you look at Michigan’s business outcomes right now versus where they were eight years ago, it’s almost a completely different state.”

Snyder has maintained a positive attitude “despite some withering criticism, which I thought really showed the true leadership in him,” said John Rakolta, a Republican financier and CEO of the Detroit-based Walbridge construction firm. “When he took over, the future was bleak.”

Business and political leaders say Snyder’s pragmatic approach and general aversion to political bomb-throwing sets him apart from most of the Republican and Democratic candidates now running to replace him, who debated at the conference Thursday night.

"He doesn't like polarization, but we're headed that way, and he doesn't like conflict, but we're headed that way," said Jim Haveman, who worked under Snyder as the director of the Michigan Department of Health and Human Services until suffering a mild heart attack in 2014.

"We're headed towards people stating their positions and finding no middle ground," he said. "I would like to see a candidate who can rise above it."

Divergent views
Snyder and his supporters point to more than 540,000 private-sector jobs created during his tenure and an unemployment rate that is near a 17-year low. But other indicators show Michigan is heading in the wrong direction, said Abdul El-Sayed, a Democratic candidate for governor who pointed to low labor participation rates and stagnant growth in inflation-adjusted wages.

“If you sell a product, the commercial is never going to say that product has flaws, and all of these folks have been in the business of selling the same product for a long time,” said El-Sayed. The former Detroit health director criticized the conference but used the opportunity to mingle with business officials and the press.

“You go into communities like the one my mom grew up in, in Gratiot County, and you tell them the economy is back, and they’ll laugh at you," he said. "That’s exactly what Hillary Clinton tried to do.”
Snyder does not get enough credit for his work in Detroit and shepherding the city through bankruptcy, said Macomb County Public Works Commissioner Candice Miller, a Republican and former congresswoman.

“The former governor never would have done that,” she said about Democrat Jennifer Granholm and the historic Chapter 9 filing authorized by Snyder when he replaced her. “This governor pushed it along, and they were able to restructure and put themselves on a very good foundation.”
In his swan song address, Snyder told business leaders that being governor has been an “incredible opportunity” for him.

But he again acknowledged the Flint water crisis, saying “some terrible things have happened on my watch.” His own task force blamed Snyder's emergency managers and negligence by his environmental regulators for “failure, intransigence, unpreparedness, delay, inaction and environmental injustice” in creating the lead contamination.

Every gubernatorial tenure has “ups and downs, highs and lows,” Miller said. “But I think this governor, overall, gets an excellent rating.”

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