Other Election Races 2024 (1 Viewer)

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    Nebaghead

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    Creating this thread to talk about other random races throughout the country that don’t warrant their own thread.

    Starting it off with the governor race in NC. The GOP candidate Robinson is ultra MAGA and has made comments like women shouldn’t be allowed to vote. News came out yesterday about his Porn addiction back in the 90’s. He used to visit on a daily basis.

     
    Bernie Moreno, the Republican candidate for US Senate in Ohio, came to the US from Colombia at the age of four. He has said he learned English through Ronald Reagan’s speeches.

    That claim has been questioned, but if Moreno did learn the language that way, it seems one famous speech may not have fully sunk in.

    At the Republican convention in 1968, Reagan said: “It is time to restore the American precept that each individual is accountable for his actions.”

    Throughout a tight race – in which defeat for Sherrod Brown, the incumbent Democrat, could decide control of the Senate – Moreno has displayed a distinctly un-Reaganlike tendency to dodge responsibility for questions about his own actions, choosing repeatedly to blame others instead, a review of reporting and court documents shows.

    Last month, after Moreno was shown to have falsely claimed to hold an MBA from the University of Michigan, including signing legal documents containing the claim, his campaign blamed “a staffer who made a mistake”.


    Moreno told a radio host: “I’m proud that I got a bachelor’s of business administration, and I thank some of the reporting pointing out that it was with high distinction. There was a clerical error made by one of my admins, seven, eight, nine years ago, that put that I had an MBA. It was a BBA.”

    Moreno may have been right that his opponents “want[ed] a headline” on the issue but he also claimed they wanted “to confuse people, say, this guy lied by going to college. Absolutely not.”

    That is not what Democrats say. Bill DeMora, an Ohio state senator, said: “The new reports that prove he is lying about having an MBA from that school up north are disqualifying. Anyone who lies about having a made-up-business degree from Michigan has no business representing Ohioans.”

    The episode of the phantom MBA is not the only one in which Moreno has blamed others for alleged missteps.……..

     
    Bridger Aerospace Group, a Montana-based aerial firefighting company helmed by Tim Sheehy, a former Navy SEAL, was losing money in 2020 when its top executives made a business pitch to elected officials in the county where it’s based.

    At a recorded public meeting, the executives asked whether Bridger could use Gallatin County’s name and pristine credit rating to raise $160 million in a municipal bond offering. If the three county commissioners said yes, Bridger would gain access to lower-cost money to expand its operations.

    Gallatin County would also benefit from the deal, company officials promised. The money, they said, would be used to hire more workers, build two airplane hangars at the Bozeman airport with a local construction company and increase firefighting capacity in the region. And if the worst were to happen and Bridger defaulted on the debt, Gallatin County wouldn’t be on the hook.

    A win-win-win, the executives said.

    Some of the county commissioners expressed hesitancy, the recording shows. Bridger was a startup — just over five years old — one pointed out; another said the county had never done a deal like that at such a scale.

    After a 45-minute discussion, the officials unanimously approved the issue. “I think this has a potential to give us significant public benefit,” said Joe Skinner, a rancher and commissioner, the recording shows. That the county wouldn’t be financially liable had clinched the deal.

    Four years later, Bridger is still losing money, its securities filings show, and the $160 million bond deal that sprang from that 2020 meeting is under scrutiny as Sheehy vies for a seat in the U.S. Senate.

    Sheehy, a decorated veteran endorsed by former President Donald Trump, cites his business acumen as a reason voters should send him to Washington. He hopes to unseat three-term Democratic Sen. Jon Tester next month and is ahead in recent polls. A win by Sheehy could turn the Senate red.

    But some of the benefits that Bridger officials predicted Gallatin County would reap as a result of the deal haven’t come to fruition. After it issued the bonds in 2022, securities filings show, Bridger used the vast majority of the money it got to pay off previous investors.

    All told, $134 million of the $160 million in proceeds left Montana and landed in the New York City coffers of the Blackstone Group, a prestigious private equity firm that previously invested in Bridger. The bond offering disclosed the information, and Blackstone didn’t dispute the calculation..............

     
    Bridger Aerospace Group, a Montana-based aerial firefighting company helmed by Tim Sheehy, a former Navy SEAL, was losing money in 2020 when its top executives made a business pitch to elected officials in the county where it’s based.

    At a recorded public meeting, the executives asked whether Bridger could use Gallatin County’s name and pristine credit rating to raise $160 million in a municipal bond offering. If the three county commissioners said yes, Bridger would gain access to lower-cost money to expand its operations.

    Gallatin County would also benefit from the deal, company officials promised. The money, they said, would be used to hire more workers, build two airplane hangars at the Bozeman airport with a local construction company and increase firefighting capacity in the region. And if the worst were to happen and Bridger defaulted on the debt, Gallatin County wouldn’t be on the hook.

    A win-win-win, the executives said.

    Some of the county commissioners expressed hesitancy, the recording shows. Bridger was a startup — just over five years old — one pointed out; another said the county had never done a deal like that at such a scale.

    After a 45-minute discussion, the officials unanimously approved the issue. “I think this has a potential to give us significant public benefit,” said Joe Skinner, a rancher and commissioner, the recording shows. That the county wouldn’t be financially liable had clinched the deal.

    Four years later, Bridger is still losing money, its securities filings show, and the $160 million bond deal that sprang from that 2020 meeting is under scrutiny as Sheehy vies for a seat in the U.S. Senate.

    Sheehy, a decorated veteran endorsed by former President Donald Trump, cites his business acumen as a reason voters should send him to Washington. He hopes to unseat three-term Democratic Sen. Jon Tester next month and is ahead in recent polls. A win by Sheehy could turn the Senate red.

    But some of the benefits that Bridger officials predicted Gallatin County would reap as a result of the deal haven’t come to fruition. After it issued the bonds in 2022, securities filings show, Bridger used the vast majority of the money it got to pay off previous investors.

    All told, $134 million of the $160 million in proceeds left Montana and landed in the New York City coffers of the Blackstone Group, a prestigious private equity firm that previously invested in Bridger. The bond offering disclosed the information, and Blackstone didn’t dispute the calculation..............




    "In July 2022, the month Bridger began receiving the proceeds of the bond issue, it spent $3.85 million to buy a small, single-engine aircraft, a Pilatus PC-12, from Sheehy, then the CEO, securities filings show.

    The company paid Sheehy $850,000 more than what he spent when he bought it a year earlier, the filings show. Bridger also had to repair and upgrade the aircraft for operational use, filings show.

    Bridger’s spokeswoman said none of the bond proceeds were used to buy the plane. Sheehy’s campaign didn’t respond when it was asked why he considered the company’s purchase of a plane he owned a good use of the company’s capital."
     
    Bridger Aerospace Group, a Montana-based aerial firefighting company helmed by Tim Sheehy, a former Navy SEAL, was losing money in 2020 when its top executives made a business pitch to elected officials in the county where it’s based.

    At a recorded public meeting, the executives asked whether Bridger could use Gallatin County’s name and pristine credit rating to raise $160 million in a municipal bond offering. If the three county commissioners said yes, Bridger would gain access to lower-cost money to expand its operations.

    Gallatin County would also benefit from the deal, company officials promised. The money, they said, would be used to hire more workers, build two airplane hangars at the Bozeman airport with a local construction company and increase firefighting capacity in the region. And if the worst were to happen and Bridger defaulted on the debt, Gallatin County wouldn’t be on the hook.

    A win-win-win, the executives said.

    Some of the county commissioners expressed hesitancy, the recording shows. Bridger was a startup — just over five years old — one pointed out; another said the county had never done a deal like that at such a scale.

    After a 45-minute discussion, the officials unanimously approved the issue. “I think this has a potential to give us significant public benefit,” said Joe Skinner, a rancher and commissioner, the recording shows. That the county wouldn’t be financially liable had clinched the deal.

    Four years later, Bridger is still losing money, its securities filings show, and the $160 million bond deal that sprang from that 2020 meeting is under scrutiny as Sheehy vies for a seat in the U.S. Senate.

    Sheehy, a decorated veteran endorsed by former President Donald Trump, cites his business acumen as a reason voters should send him to Washington. He hopes to unseat three-term Democratic Sen. Jon Tester next month and is ahead in recent polls. A win by Sheehy could turn the Senate red.

    But some of the benefits that Bridger officials predicted Gallatin County would reap as a result of the deal haven’t come to fruition. After it issued the bonds in 2022, securities filings show, Bridger used the vast majority of the money it got to pay off previous investors.

    All told, $134 million of the $160 million in proceeds left Montana and landed in the New York City coffers of the Blackstone Group, a prestigious private equity firm that previously invested in Bridger. The bond offering disclosed the information, and Blackstone didn’t dispute the calculation..............


    Is the media going to soft-pedal this one too? Or are they going to call it what it is...a pyramid scheme.
     

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