Flashpoint (Segment Two)

Flashpoint (Segment Two)


>> WELCOME BACK.>> WELCOME BACK.
A LOT OF BUSINESS NEWS I WANT TO A LOT OF BUSINESS NEWS I WANT TO
GET TO THIS MORNING AND CHAD IS GET TO THIS MORNING AND CHAD IS
HERE WITH US FROM CRAIN’S HERE WITH US FROM CRAIN’S
DETROIT BUSINESS. DETROIT BUSINESS.
MANY THINGS WE’LL TRY TO RIFLE MANY THINGS WE’LL TRY TO RIFLE
THROUGH QUICKLY. THROUGH QUICKLY.
START WITH HOMECOMING, CRANE’S START WITH HOMECOMING, CRANE’S
HOSTED THIS YEAR HE’S’SYEAR’S ED HOSTED THIS YEAR HE’S’SYEAR’S ED
I CAN’T REMEMBER HOW MANY YEARS. I CAN’T REMEMBER HOW MANY YEARS.
>>SIX YEARS.>>SIX YEARS.
>>DEVIN: EVERY YEAR BRINGS ITS>>DEVIN: EVERY YEAR BRINGS ITS
HIGHLIGHTS. HIGHLIGHTS.
WHAT ABOUT THE EX-PATS COMING WHAT ABOUT THE EX-PATS COMING
BACK. BACK.
>>METRO DETROITERS, PEOPLE HAVE>>METRO DETROITERS, PEOPLE HAVE
GONE ON AND DONE BIG THINGS IN GONE ON AND DONE BIG THINGS IN
THEIR CAREERS, BUSINESS, MUSIC, THEIR CAREERS, BUSINESS, MUSIC,
ARTS, SPORTS ALL OVER THE WORLD. ARTS, SPORTS ALL OVER THE WORLD.
AND THIS YEAR’S THEME WAS AND THIS YEAR’S THEME WAS
FOCUSED ON, OKAY, IF YOU WANT TO FOCUSED ON, OKAY, IF YOU WANT TO
REENGAGE IN DETROIT, ONE OF THE REENGAGE IN DETROIT, ONE OF THE
AREAS WE NEED HELP IN IS HELPING AREAS WE NEED HELP IN IS HELPING
REBUILD DETROIT’S BLACK MIDDLE REBUILD DETROIT’S BLACK MIDDLE
CLASS AND BRINGING BACK FOLKS CLASS AND BRINGING BACK FOLKS
WHO WENT TO THE SUBURBS WITH THE WHO WENT TO THE SUBURBS WITH THE
WHITE MIDDLE CLASS FLIGHT AS WHITE MIDDLE CLASS FLIGHT AS
WELL AND REESTABLISHING THAT. WELL AND REESTABLISHING THAT.
WE’VE FOCUSED ON WE’VE FOCUSED ON
ENTREPRENEURSHIP. ENTREPRENEURSHIP.
PLACES WHERE PEOPLE CAN THINK PLACES WHERE PEOPLE CAN THINK
ABOUT MAYBE EVEN IMAGINE ABOUT MAYBE EVEN IMAGINE
THEMSELVES GETTING INVOLVED IN THEMSELVES GETTING INVOLVED IN
OR INVESTING IN THE CITY. OR INVESTING IN THE CITY.
AND THEN ALSO, WE HAD A LOT OF– AND THEN ALSO, WE HAD A LOT OF–
WE HAD AN INTEREST INTERVIEW ON WE HAD AN INTEREST INTERVIEW ON
STAGE WITH KEN BUCKFIRE, ONE OF STAGE WITH KEN BUCKFIRE, ONE OF
THE– THE–
>>YOU WROTE A COLUMN ABOUT HIM.>>YOU WROTE A COLUMN ABOUT HIM.
MY COLUMN FOCUSED HOW HE SAID MY COLUMN FOCUSED HOW HE SAID
DETROIT HAS TO GET A HANDLE ON DETROIT HAS TO GET A HANDLE ON
THE 40 ACRES OF VACANT LAND IN THE 40 ACRES OF VACANT LAND IN
THE CITY. THE CITY.
IT’S GOING TO AFFECT THE MAKE OR IT’S GOING TO AFFECT THE MAKE OR
BREAK OF THIS BANKRUPTCY FIVE BREAK OF THIS BANKRUPTCY FIVE
YEARS AFTER WE GOT OUT OFFOF YEARS AFTER WE GOT OUT OFFOF
BANKRUPTCY. BANKRUPTCY.
>>DEVIN: THERE’S NO MODEL.>>DEVIN: THERE’S NO MODEL.
NOBODY HAS A CANVAS. NOBODY HAS A CANVAS.
>>AND HE SEEMS TO BE NEEDLING>>AND HE SEEMS TO BE NEEDLING
MIKE DUGGAN’S ADMINISTRATION FOR MIKE DUGGAN’S ADMINISTRATION FOR
A BIGGER AGENDA FOR THE LAND. A BIGGER AGENDA FOR THE LAND.
>>DEVIN: WE HAD SOME>>DEVIN: WE HAD SOME
INTERESTING ECONOMIC NEWS INTERESTING ECONOMIC NEWS
BREAKING WHILE THEY WERE ALL BREAKING WHILE THEY WERE ALL
HERE. HERE.
AS YOU AND I ARE RECORDING THIS AS YOU AND I ARE RECORDING THIS
CONVERSATION WE’VE STILL GOT A CONVERSATION WE’VE STILL GOT A
STRIKE GOING ON. STRIKE GOING ON.
WHICH IT SEEMS TO ME THAT WITH WHICH IT SEEMS TO ME THAT WITH
GENERAL MOTORS AND THE UAW, THE GENERAL MOTORS AND THE UAW, THE
DECISION BY GM OVER COBRA AND DECISION BY GM OVER COBRA AND
HEALTH CARE COVERAGE WAS ONE OF HEALTH CARE COVERAGE WAS ONE OF
THOSE, WELL, THAT ESCALATED THOSE, WELL, THAT ESCALATED
QUICKLY KIND OF MOMENTS. QUICKLY KIND OF MOMENTS.
ARE WE IN FOR A LONG ONE? ARE WE IN FOR A LONG ONE?
>>IT DOES LOOK LIKE THAT AND IT>>IT DOES LOOK LIKE THAT AND IT
GETS MORE PRECARIOUS, WE’RE WEEK GETS MORE PRECARIOUS, WE’RE WEEK
OUT FROM A POTENTIAL GOVERNMENT OUT FROM A POTENTIAL GOVERNMENT
SHUTDOWN, AND IF WE GET TO SHUTDOWN, AND IF WE GET TO
OCTOBER 1ST AND THERE’S NOT A OCTOBER 1ST AND THERE’S NOT A
STATE BUDGET, WE COULD HAVE A STATE BUDGET, WE COULD HAVE A
PARTIAL OR A FULL STATE PARTIAL OR A FULL STATE
GOVERNMENT SHUTDOWN AND THE GOVERNMENT SHUTDOWN AND THE
SPECTER OF A UAW STRIKE AND A SPECTER OF A UAW STRIKE AND A
GOVERNMENT SHUTDOWN ALL AT ONCE, GOVERNMENT SHUTDOWN ALL AT ONCE,
YOU KNOW, AND THE ECONOMISTS YOU KNOW, AND THE ECONOMISTS
ALREADY SAID WE GET TO DAY TEN ALREADY SAID WE GET TO DAY TEN
OF THIS STRIKE NEXT WEEK, AND OF THIS STRIKE NEXT WEEK, AND
WE’LL HAVE A SINGLE STATE WE’LL HAVE A SINGLE STATE
RECESSION ON OUR HANDS. RECESSION ON OUR HANDS.
SO THERE’S A LOT RIDING HERE. SO THERE’S A LOT RIDING HERE.
IT’S NOT JUST ABOUT GM. IT’S NOT JUST ABOUT GM.
NOT JUST ABOUT THE UAW WORKERS NOT JUST ABOUT THE UAW WORKERS
AND THEIR BENEFITS. AND THEIR BENEFITS.
OBVIOUSLY, WHEN THE UAW OR GM OBVIOUSLY, WHEN THE UAW OR GM
YANKED BACK THOSE HEALTH CARE YANKED BACK THOSE HEALTH CARE
BENEFITS. BENEFITS.
>>DEVIN: RIGHT.>>DEVIN: RIGHT.
>>THAT INFLAMED A LOT OF PEOPLE>>THAT INFLAMED A LOT OF PEOPLE
AND YOU KNOW, CREATED SOME AND YOU KNOW, CREATED SOME
SYMPATHY FOR THE UNION. SYMPATHY FOR THE UNION.
THIS IS ONE OF THE FIRST MODERN THIS IS ONE OF THE FIRST MODERN
STRIKES OF OUR TIMES THAT’S ALSO STRIKES OF OUR TIMES THAT’S ALSO
BEING PLAYED OUT IN SOCIAL BEING PLAYED OUT IN SOCIAL
MEDIA. MEDIA.
>>DEVIN: YES.>>DEVIN: YES.
>>THINK ABOUT ALL THE STRIKES>>THINK ABOUT ALL THE STRIKES
OVER THE YEARS, THE NEWSPAPER OVER THE YEARS, THE NEWSPAPER
STRIKE, THE OTHER UAW STRIKES, STRIKE, THE OTHER UAW STRIKES,
ALL OVER TIME IN THIS TOWN, THAT ALL OVER TIME IN THIS TOWN, THAT
THEY DIDN’T HAVE THE POWER OF THEY DIDN’T HAVE THE POWER OF
SOCIAL MEDIA. SOCIAL MEDIA.
>>DEVIN: HAD LITERAL MEGA>>DEVIN: HAD LITERAL MEGA
PHONES IN THOSE DAYS, RIGHT. PHONES IN THOSE DAYS, RIGHT.
>>SO THERE ARE MILLIONS OF>>SO THERE ARE MILLIONS OF
MEGAPHONES NOW THAT ADD TO THIS MEGAPHONES NOW THAT ADD TO THIS
EQUATION AND HOW THAT PLAYS, EQUATION AND HOW THAT PLAYS,
GENERAL MOTORS HAS TO BE GENERAL MOTORS HAS TO BE
WATCHING THAT. WATCHING THAT.
>>DEVIN: REALLY GOOD POINT.>>DEVIN: REALLY GOOD POINT.
ESPECIALLY AS WE WATCH WHAT ESPECIALLY AS WE WATCH WHAT
HAPPENS IN LANSING AS WE GET HAPPENS IN LANSING AS WE GET
CLOSE TO A SHUTDOWN. CLOSE TO A SHUTDOWN.
AMAZON BROUGHT DETROIT TWO AMAZON BROUGHT DETROIT TWO
INTERESTING PIECES OF NEWS. INTERESTING PIECES OF NEWS.
FIRST OFF, 1500 JOBS COMING TO FIRST OFF, 1500 JOBS COMING TO
THE FORMER SILVERDOME SITE, THE FORMER SILVERDOME SITE,
WHICH IS JUST VEXED OAKLAND WHICH IS JUST VEXED OAKLAND
COUNTY OFFICIALS AND PONTIAC COUNTY OFFICIALS AND PONTIAC
LEADERS FOR SO LONG. LEADERS FOR SO LONG.
THIS IS A PRETTY GOOD ANSWER, IT THIS IS A PRETTY GOOD ANSWER, IT
WOULD SEEM. WOULD SEEM.
>>YEAH, SINCE THE LIONS LEFT>>YEAH, SINCE THE LIONS LEFT
TOWN, YOU KNOW, WELL OVER 15 TOWN, YOU KNOW, WELL OVER 15
YEARS AGO, THIS HAS BEEN ONE OF YEARS AGO, THIS HAS BEEN ONE OF
THE KEY THINGS THAT THE LATE THE KEY THINGS THAT THE LATE
BROOKS PATTERSON WAS FOCUSED ON BROOKS PATTERSON WAS FOCUSED ON
AS COUNTY EXECUTIVE. AS COUNTY EXECUTIVE.
AND ONE THING THAT PEOPLE KIND AND ONE THING THAT PEOPLE KIND
OF LOOKED AT AND SAID THAT’S OF LOOKED AT AND SAID THAT’S
NEVER GOING TO GET SOLVED. NEVER GOING TO GET SOLVED.
I JUST, I DON’T BELIEVE IT. I JUST, I DON’T BELIEVE IT.
I MEAN, JUST IN A MONTH’S TIME I MEAN, JUST IN A MONTH’S TIME
WE HAVE– WE HAVE–
THE SHOWSTACK BROTHERS HAVE THE SHOWSTACK BROTHERS HAVE
TEARING DOWN THE PALACE OF TEARING DOWN THE PALACE OF
AUBURN HILLS AND NOW THE AUBURN HILLS AND NOW THE
SILVERDOME SITE WILL SEE NEW SILVERDOME SITE WILL SEE NEW
LIFE WITH A REDISTRIBUTION LIFE WITH A REDISTRIBUTION
CENTER AND AMAZON 1500-SOME ODD CENTER AND AMAZON 1500-SOME ODD
JOBS AND REALLY KIND OF FILLING JOBS AND REALLY KIND OF FILLING
IN A BIG HOLE. IN A BIG HOLE.
NOW YOU’VE GOT TO GET THE NOW YOU’VE GOT TO GET THE
NORTHLAND MALL AND SUMMIT PLACE. NORTHLAND MALL AND SUMMIT PLACE.
>>DEVIN: A WAYS TO GO AND THESE>>DEVIN: A WAYS TO GO AND THESE
ARE BIG PIECES. ARE BIG PIECES.
AND AMAZON NEWS, THEM ORDERING AND AMAZON NEWS, THEM ORDERING
100,000 ELECTRIC VEHICLES FROM 100,000 ELECTRIC VEHICLES FROM
RIVIAN, A START-UP IN PLYMOUTH RIVIAN, A START-UP IN PLYMOUTH
WHICH HAS YET TO REALLY PRODUCE WHICH HAS YET TO REALLY PRODUCE
A VEHICLE, CERTAINLY ON ANY MASS A VEHICLE, CERTAINLY ON ANY MASS
SCALE. SCALE.
THIS IS FASCINATING ABOUT WHAT THIS IS FASCINATING ABOUT WHAT
IT TELLS US NOT ONLY ABOUT IT TELLS US NOT ONLY ABOUT
AMAZON, BUT ABOUT RIVIAN. AMAZON, BUT ABOUT RIVIAN.
>>RIVIAN HAS ATTRACTED HUNDREDS>>RIVIAN HAS ATTRACTED HUNDREDS
OF MILLIONS OF INVESTMENT OF MILLIONS OF INVESTMENT
CAPITAL FROM AUTOMAKERS, WHETHER CAPITAL FROM AUTOMAKERS, WHETHER
FORD OR SOMEONE ENDS UP ACTUALLY FORD OR SOMEONE ENDS UP ACTUALLY
DOING THAT PRODUCTION WORK IS DOING THAT PRODUCTION WORK IS
YET TO BE SEEN, BUT THERE IS A YET TO BE SEEN, BUT THERE IS A
TREMENDOUS, YOU KNOW, VALUE HERE TREMENDOUS, YOU KNOW, VALUE HERE
AND TREMENDOUS OPPORTUNITY FOR AND TREMENDOUS OPPORTUNITY FOR
NEXT GENERATION AUTONOMOUS OR NEXT GENERATION AUTONOMOUS OR
ELECTRIC VEHICLES AND AGAIN, IT ELECTRIC VEHICLES AND AGAIN, IT
ALL COMES DOWN TO, WE’VE GOT THE ALL COMES DOWN TO, WE’VE GOT THE
OPPORTUNITY TO DO IT HERE IN OPPORTUNITY TO DO IT HERE IN
METRO DETROIT AND THAT’S WHY THE METRO DETROIT AND THAT’S WHY THE
STRIKE IS INTERESTING IN THE STRIKE IS INTERESTING IN THE
FASHION THAT THIS IS A– FASHION THAT THIS IS A–
SORT OF A– SORT OF A–
SORT OF LEGACY COMPANY, LEGACY SORT OF LEGACY COMPANY, LEGACY
ISSUE AND YOU KNOW, EVERY HERE, ISSUE AND YOU KNOW, EVERY HERE,
YOU’VE GOT THIS BRAND NEW HORSE YOU’VE GOT THIS BRAND NEW HORSE
THAT’S NEVER DONE ANYTHING AND THAT’S NEVER DONE ANYTHING AND
THEY’RE GETTING A MASSIVE THEY’RE GETTING A MASSIVE
CONTRACT, YOU’VE GOT MAHINDRA IS CONTRACT, YOU’VE GOT MAHINDRA IS
IN THE RUNNING, ANOTHER COMPANY IN THE RUNNING, ANOTHER COMPANY
IN SOUTHEAST MICHIGAN, THEY’RE IN SOUTHEAST MICHIGAN, THEY’RE
IN THE RUNNING TO BUILD TENS OF IN THE RUNNING TO BUILD TENS OF
THOUSANDS OF NEW POST OFFICE THOUSANDS OF NEW POST OFFICE
VEHICLES SO YOU HAVE A BUNCH OF VEHICLES SO YOU HAVE A BUNCH OF
NEW PLAYERS TO THE GAME HERE WHO NEW PLAYERS TO THE GAME HERE WHO
ARE REALLY KIND OF RESHUFFLING ARE REALLY KIND OF RESHUFFLING
THE DECK IN THE AUTO INDUSTRY IN THE DECK IN THE AUTO INDUSTRY IN
METRO DETROIT. METRO DETROIT.
>>DEVIN: PUTS IT IN GREAT>>DEVIN: PUTS IT IN GREAT
PERSPECTIVE. PERSPECTIVE.
I GUESS YOU’LL SEE IT ON THE I GUESS YOU’LL SEE IT ON THE
LAWN OUT IN FRONT OF THE CAPITOL LAWN OUT IN FRONT OF THE CAPITOL
OTT MIDNIGHT. OTT MIDNIGHT.
AND WHEN WE COME BACK, WE’LL

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