Skip to comments.AP Investigation: Plant deal may enrich donors (Gov.Perdue)
Posted on 09/30/2011 6:46:02 AM PDT by sunmars
A state lawmaker and a group of Democratic political donors with ties to Gov. Beverly Perdue are poised to sell land at a handsome profit for a tire plant that's being lured with $100 million in state and local incentives, according to public records reviewed by The Associated Press.
As North Carolina's chief executive, the governor is a key decision maker in large incentives deals involving state money. She also helps appoint the board members of a foundation that's been asked to provide part of the tire plant's package. Perdue's campaign has received more than $52,000 from five men with an ownership stake in the Brunswick County industrial park proposed for the new facility.
The governor's son, Garrett Perdue, is also a lawyer and site-selection consultant for an influential law firm that a county official said was advising the tire company. The firm, Womble Carlyle Sandridge & Rice, does not disclose which projects the younger Perdue works on, citing attorney-client privilege.
Perdue's spokesman stressed Thursday that the company seeking the incentives, not the governor's aides, chose the site. The North Carolina site is competing with sites in two other states.
"Gov. Perdue is focused on bringing 1,300 jobs to North Carolina," said Mark Johnson, Perdue's spokesman. "She doesn't care where in the state the plant goes, who owns the land or who the company hires as its lawyer. She just wants the jobs."
The proposed location, the Mid-Atlantic Logistics Center, is owned by a group of investors that includes state Sen. Michael P. Walters, a Democrat from Proctorville.
(Excerpt) Read more at chron.com ...
Dirty business as usual for DumoRATS.
Reminds me of those Soprano episodes about HUD land deals in Newark. Substitute Democrat for each reference in the HBO series for Soprano or Mafia and you have what is going on here and elsewhere about the country. Check out the Solyndra building site, who owned the land, who brokered the sale and whom they are related to.
N.Carolina’s version of Nancy Pelosi
That should be pretty easy to determine from county land records.
Tell me!!!!! Who owned the Solyndra land?
Jerry Brown? Hope hope hope!
There is forever the point made, by the ethically challenged, It’s all legal. Lawyers and politicians, politicians and lawyers agree everywhere. No wonder the politicians want to own the market on job creation. Great source of income.
Wasn’t she one of the dims that recently called for less democracy? Something about suspending elections for a while so that elected officials will have some breathing room. If so, it figures.
Yes - it is the same Guv we are stuck with until 2012.
Force her to resign or impeach her!!! She is useless!!!
Unless it's theirs.
Is NC a right-to-work state or will the Obama administration try to close down this plant like they are doing to Boeing in SC?
"You scratch my back, and I'll scratch yours."
Is it any wonder how politicians start out as paupers and retire as multimillionaires? The word "ethics" never seems to come to mind.
Have you already? Do tell!
And what does the NLRB have to say about this?
The Democrat Party is a CRIMINAL enterprise!
They hate anyone to make a dollar that isn’t through the “right” channels, ie, through the government and through them.
I was wondering the same thing. I don’t have time to do research today but I did find this:
Over half went to Rudolph and Sletten a wholly owned subsidiary of Tutor Perini Corporation (NYSE:TPC), Tutor Perini Corporation (formerly Perini Corporation) is controlled by California-based investor group led by Los Angeles-based construction executive Ron Tutor and investor Richard Blum, both major Democrat supporters, but more importantly Richard Blum is the husband of United States Senator from California Dianne Feinstein.
The real estate brokerage firm involved in Solyndras deals is CB Richard Ellis (CBRE). Again CBREs owner and chairman is none other than the San Francisco-based financier Richard Blum.
The 500,000 square foot building Solyndra leased was described as an albatross in San Jose Business Journal article at the time.
Why did Solyndra buy the land for its manufacturing facility? Tech startups dont buy land. Yes, but the seller was McMorgan & Co., a firm closely tied to the Democratic Party, and at one point linked to Willie Brown.
No problem...just suspend law enforcement and the courts for a couple of years...
doesn’t surprise me.
I opened a business in Santa Cruz in a building owned partially by her hubby. Long ago.
real Estate is the fam business. I was hoping for Jerry Brown but feinstein will do. :-)