Tag Archives: Anne Galloway

I seem to have struck a nerve

In my roughly five years of blogging about Vermont politics, I’ve criticized just about everybody at one time or another. Even our sainted Congressional delegation has come in for a bit of bashing here and there. For the most part, my targets handle it well. (Either that, or I’m beneath their notice.)

But there’s one group that is more easily offended than any other, and more likely to react badly. It’s not politicians or operatives or lobbyists or bureaucrats.

No, it’s media organizations.

Curious, if you think about it. The media is accustomed to dishing it out, but has a harder time taking it.

The touchiest media outlets in Vermont are the Burlington Free Press (blocked my access to its Twitter feed) and VPR (one staffer told me I “hate VPR”, which is not true; I hold it to a high standard because it’s so richly resourced in an age of media shrinkage).

To that list we can now add VTDigger. Which is a shame because I respect and support ($10 per month) its work. But this year, Digger has failed to live up to its own standards on the subject of ridgeline wind. I have recently written three pieces exploring Digger’s apparent bias on the issue; the most recent was posted last weekend.

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EB-5: the tar baby of Vermont politics

I was wondering when a candidate would dip his hand into the EB-5 cookie jar. It’s easy pickin’s if you want to criticize Democratic leadership of state government. And here we go, Phil Scott’s dug in for some sweet treats.

After positing his support for EB-5 “with proper oversight,” he laid into the Shumlin administration on a specific point:

I was disappointed to learn… that the Shumlin Administration enabled the owners of the EB-5 projects in the Northeast Kingdom… to continue to solicit investors for months after the SEC had suspended that permission for Jay Peak. … By the Administration’s own admission, it was a ‘calculated risk.’  Yet, they’ve not yet explained why they took this risk or why they allowed the problem to continue to grow.

Now, here’s the problem.

The Shumlin administration made that decision in the spring of 2015. (More on that in a moment.) In June of that year, VTDigger’s Anne Galloway broke the news that federal authorities were investigating Jay Peak.

For months after that, Lieutenant Governor Phil Scott expressed his wholehearted support for Jay Peak. Indeed, in November he criticized the administration for inserting itself into the process, thus delaying payments to contractors.

Despite the issues at Q Burke, Scott says he still supports Vermont’s EB-5 program. He added that he sympathizes with [Jay Peak contractor] PeakCM, as he owns his own construction company.

So, hypocrite. But wait, there’s more.

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Breaking Up Is Easy To Do (When You’re Under Indictment)

Ever since the Securities and Exchange Commission brought the hammer down on the Jay Peak/Northeast Kingdom EB-5 developers, there have been plenty of Vermonters hoping that local hero Bill Stenger will turn out to be nothing more than a dupe in a massive fraud scheme by Ariel Quiros. That’s certainly the tale that Stenger’s been anxious to tell.

Well, now it’s Quiros’ turn to throw his partner under the bus. VTDigger’s Anne Galloway reports that Quiros has deployed an interesting defense — one that tacitly acknowledges wrongdoing on a significant scale.

The Miami businessman was not responsible for offering documents and did not communicate with investors, defense attorneys said. They allege that Stenger was the one who made misrepresentations to investors.

Oh, ho, ho, ho, ho. Cute.

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Yes, Virginia, the rich are different

Poor Little Rich Man.

Poor Little Rich Man.

Break out the tiny violins. Hold an onion under your eyes and squeeze out a few tears for Ariel Quiros, alleged EB-5 fraudster. His assets have been frozen by a federal court, and he’s having trouble making ends meet. Probably eating cat food for dinner and shacking up under a freeway bridge.

He’s claiming poverty in a court filing discovered by VTDigger’s Anne Galloway. But it’s a very special definition of “poverty” that could only come from a man accustomed to great wealth.

Quiros claims he needs $100,000 a month for “so-called reasonable living expenses.” In addition, Quiros is seeking $300,000 [a month] for professional expenses related to his court case.

Yeah, a hundred G’s just doesn’t go very far these days. I wonder if he qualifies for food stamps.

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Were the Newport projects just a bait-and-switch?

Over the weekend, VTDigger’s Anne Galloway posted a detailed history of the Stenger/Quiros scandal entitled “Jay Peak’s Path to Fraud.” It’s a must-read for those wanting to get a good summary of the affair; the reporting is backed up by Digger’s two-plus-year investigation of the story.

And it raises a huge question in my mind: Did Stenger and Quiros ever seriously intend to build the megaprojects in Newport, or were they nothing more than flashy promises designed to dazzle the politicians and the public, and pave the way for what they really wanted — the transformation of their ski resorts?

In September 2012, Stenger and Quiros announced a bold initiative including major improvements at the resorts, a new terminal at Newport’s airport, and a suite of ambitious projects in Newport itself, including a window-manufacturing plant, a five-story office building, a hotel and conference center, and a marina, as well as a biotech facility in the works since 2009.

The numbers were mind-boggling: over half a billion dollars invested in the perennially impoverished Northeast Kingdom, and a rebirth for the city of Newport. Up to 10,000 new jobs.

Today, many of the ski resort improvements are complete or largely so, while nothing much has happened in Newport except for the demolition of some historic downtown buildings, leaving a hole in the cityscape. And now it looks like nothing will ever happen.

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Let the rewriting of history commence

Slightly off topic: Good thing the Burlington Free Press published its advertorial piece about Q Burke (written by a Q Burke PR person) before the shit hit the fan at Stengerville. I hope the Freeploid got paid in advance, because Stenger’s not cutting any checks anytime soon. The article, identified as “NEWS,” can still be viewed on the Freeper’s website. At least for now. I’m surprised they haven’t consigned it to the dark web already.

Anyway, on with the shitshow. Unsurprisingly, Governor Shumlin has launched full-steam-ahead into a thorough rewrite of history. He’s claiming that he saw the Stenger/Quiros scandal coming before everyone else, and his administration took proactive steps to uncover the scandal and limit the damage.

Bwahahahahahahahahahaha.

If true, his response to the scandal was astoundingly muted. It looks as though he began slowly edging away from his previous boosterism for the project, which included many an international junket which saw him doing his level best to steer investors into the Stenger/Quiros web of fraud and deceit. Slowly edging away, but otherwise holding his tongue. How unlike a watchdog.

I wonder what he’d say to all those investors if he was somehow confronted by them all. Do I hear a “nothingburger”?

Perhaps I’m being overly harsh on the Guv, since he didn’t have direct oversight on EB-5 projects, he inherited the oversight process from the administratively flawless Douglas administration, and the Stenger/Quiros plan seemed like such a boon for a long-depressed part of the state. But his words today just made my blood boil.

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A respected politician is making a fool of himself

One of the unfortunate traits of Vermont’s Political Media is their tendency to kinda-sorta protect officeholders and officials. Keep a discreet distance when it comes to things they have decided It Is Not Our Business To Know. There’s a certain dignity in it, but they take it too far.

Please understand, I’m not asking them to start checking the sleeping arrangements at the Capitol Plaza or devise spreadsheets of politicians’ liquor consumption. But there are times when the private does touch on public interest. You’d think this would be perfectly clear in the Norm McAllister era. But it still happens; I have heard rumors of an affair between a citizen and the state official responsible for overseeing the state-funded activities of said citizen. That would seem to be something we have a right to know, since it directly impacts public responsibilities.

This week, the media silence was broken on one such issue: State Senator Bill Doyle simply isn’t up to the job anymore.

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