Venezuela has the largest proven oil reserves in the world. It was once so rich that Concorde used to fly from Caracas to Paris. But in the last three years its economy has collapsed. Hunger has gripped the nation for years. Now, it’s killing people and animals that are dying of starvation. The Venezuelan government knows, but won’t admit it!!! Four in five Venezuelans live in poverty. People queue for hours to buy food. Much of the time they go without. People are also dying from a lack of medicines. Inflation is at 82,766% and there are warnings it could exceed one million per cent by the end of this year. Venezuelans are trying to get out. The UN says 2.3 million people have fled the country - 7% of the population.

Friday, February 18, 2011

Industry News: Update Michigan GOP to Kill State Film Incentives

An article in today's Detroit News talks about all this:

http://bit.ly/goR3kr

Two paragraphs that spell out the opposing views:

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Proponents of the film incentives, including former Gov. Jennifer
Granholm, have said the efforts have helped create an emerging
industry. An estimated 7,000 jobs were created in Michigan in 2008 and
2009 and more than $300 million was spent on productions in the Great
Lakes State in 2010, according to the Michigan Film Office.

A September 2010 Senate Fiscal Agency report, however, found Michigan
paid nearly twice as much money in incentives as the industry brought
to the state in a two-year period. The state spent $137.5 million to
generate $80.6 million in revenue, and the efforts cost taxpayers more
than $190,000 to create a single full-time job.
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There's more at the link above, of course. And there are probably
views, stats, and details not included in the article.

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A.
www.chicas-productions.com

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