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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Fuzzy who wrote (31517)6/16/2019 3:10:24 PM
From: JimisJim  Read Replies (2) | Respond to of 34328
 
Sorry, was getting details of proposed agreements from an older article, obviously... Witmer hates Line 5, says taxpayers will NOT pay for all of it, not even all of the feasibility and design studies. She was elected, it appears on this issue more than anything else.

So the ball is now in ENB's court -- they're facing some tough choices. How much will they be on the hook for and if they don't pony up what the voters and Witmer want, ENB could face not only shutting Line 5, but also be on the hook for removal and any remediation. I would not want to be negotiating for ENB in current climate.

From the UP down to the upper part of the lower peninsula, this is almost all anyone is talking about. The little town nearby of about 600 people is staunchly GOP -- always have been, but even there at least 2/3 of the houses have anti-Line 5 signs.

The last time I saw the rural population get this riled up over energy was when some outfit was trying to build large wind mills around a small city some ways south of us -- they prevented all of the wind mills from being built with one exception and that one is being torn down (noticed it when I was driving through the area to get up to my neck of the woods farther north.

After reading updates on the politics of Line 5 in a very conflicted state (deep purple, with rural areas GOP strongholds, but metro areas and the state as a whole with a very slim Dem majority -- Detroit has lost more than half of their population which is the only reason the state is so deep purple now -- it swings back and forth a lot.

When I lived in Kalamazoo in the 1970s, everything was named after Gerald Ford and Kalamazoo was still where Checker Marathon cabs, Gibson guitars and Shakespear fishing gear was being made there, Upjohn's HQ was there -- now a small outpost for Pfizer -- and there was a large GM auto-body factory (gone years ago now) and a couple small paper companies. The dominant politicos were Romney (the elder), Milliken (owned dept. stores starting in Traverse City and expanding regionally), and after I left Engler.

Since Milliken termed out, the party affiliation of the governors elected since then has flipped from one to the other with nobody serving more than one term. Can you say, "battleground" state?