KEITH CRAIN: Let Moroun make some more money
http://www.crainsdetroit.com/article...18#cdbComments
There is a controversy over whether or not to build a second bridge between Detroit and Windsor and whether Matty Moroun should be allowed to add a second span to his Ambassador Bridge.
I say: Let the guy spend his own money and expand his bridge.
With all the troubles facing our state from budget and manpower shortages, we would be wise to just shelve the government plans and let private enterprise continue to invest its money. Traffic is down from a decade ago; we can wait to see if the traffic increases enough to justify investing public money.
I've heard from both parties on this issue. For some reason I still can't figure out, the Michigan and Canadian governments don't want this guy to spend his own money to expand and operate his bridge at a profit. They seem to believe an international bridge should be owned and operated by a government bureaucracy, not private enterprise. And they seem to think making a profit on such a bridge is wrong.
The Canadians want this new bridge so much they are willing increase their share of investment by more than $500 million that would be paid back by future tolls. Moroun has had a tough relationship with the Canadians for decades. It started with trucking and it now includes bridges. I don't expect there is much that will make them happy.
Matty Moroun is not always a lovable fellow, although I must admit I have always found him to be very cordial and friendly. On the other hand, I've never done business with him. I understand he's one very tough businessman. Sometimes to excess. But heck, if he makes a few more million, maybe he'll become one of the great philanthropists of our community. You never know.
With new profits from an expansion, maybe Moroun would restore his Detroit train station and fix up that horrid eyesore.
Matty Moroun is a feisty old guy who is a self-made gazillionare. He plays hardball all the time and, I'm told, doesn't like to lose. But he's owned that bridge for a long time, and I think we should let him spend some of his millions to expand it.
If traffic goes up substantially, we can always build another bridge. Meanwhile, let's spend our time on the other challenges facing the state of Michigan.
Let Matty expand his bridge.....
It seems like Keith has no knowlege of the reality of the bridge issue.... Here is my note in response...
Matthew Morouns response...
MJ Moroun wrote:
Well written Keith Crain. Obviosuly no-one here has done their homeowork. Matty Moroun already own 99.9% of the land needed for the second span and he has already landed in Canada, the pier is already there. Also Matty Moroun is probably one of the biggest contributors to the Southwest Detroit Community you just don't hear about all the positive contributions he has made. He has given hundreds of children opportunities they could only have dreamed of. Why would the media want to promote all the good he's already done slamming him makes for a better story in the medias eyes. Maybe it's time some real homework is done to find out all the good he has done and continues to do. I am so sick of hearing about the train station too. Don't you think for one minute if he could find someone to commit to a lease of the facility he would repair it immediatly. Why spend millions on a vacant building to repair it only to let the vandals who have destroyd it and continue to do so keep up their destruction. The city could not afford to keep the train station so essentially he took it off their hands with the hopes and dreams of restoring an amazing piece of infrastructure. Why not start attacking the City of Detroit because as often as I drive down there the last time I checked the entire City has become an eyesore!
My Response
Matty owns 99.9 percen't of the land????
So what is the .1 percent the illegal occupation of Riverside Park? Or is it 23rd street... Oh and wasn't the plaza, bridge, and the dukes of hazzard ramp all constructed without proper permiting.... Also Matthew where does the bridge company stand on the Environmental Impact Statement [[EIS)? You must follow the law trying to bypass process will get you no where! It is sad because your father is one of the biggest land owners in the city and one of the richest men in Michigan. If he would follow the law and not buy properties on quit claims for 500 a pop and leave them to rot he would not perpetuate the problem.... But alas he would rather blight entire neighborhoods than have transparency to the process and follow the law... Trying to buy people off is not what I consider to be a charitable contribution... Unfortunately you were raised to think that is what a charitable contribution is...