16 March 2018

Sounds Way Too Good To Be True? 17,000 Jobs, SkyBridge Arizona + Scaramucci?

Just an immediate reaction to a questionable statement made in a post on the Editor's blog of https://businessfacilities.com today about SkyBridge Arizona: ". . . The project is expected to create 17,000 direct and indirect jobs and increase cargo flights out of Phoenix-Mesa Gateway Airport by 2,000 a year, eventually reaching 10,000 by 2036. . ."
Please don't get your MesaZona blogger wrong - he's all for more transnational initiatives between the United States of America and the United States of Mexico - that engagement started back in 1994 in New York City working with the Mexican Consul's office to promote Mexican culture and commerce there and visits to Mexico City and Monterrey. 
Perhaps your MesaZona blogger is having the same reaction about believe-ability here in Arizona that Anne Galloway, founder of https://vtdigger.org  another small independent news source in Vermont, had in this report published in August 2017
The Breakthrough: How a Small News Outlet Brought Down the State Hero  
Anne Galloway was suspicious the moment she heard about a too-good-to-be-true development. She didn’t know how right she was.
by Jessica Huseman   
"Bill Stenger was a local hero. One of Vermont’s most important businessmen, he had created hundreds of jobs with mega-developments across the state. In 2011, the Vermont Chamber of Commerce named him “citizen of the year" . . .But not all of Stenger’s businesses were what they seemed, a small nonprofit news organization revealed . . . When the multimillion-dollar development was announced in 2012, it immediately smelled fishy to Galloway. It was to be built in a region known as the Northeast Kingdom — an impoverished area of the state near the Canadian border, mostly known for dairy and Christmas tree farms — and it promised 10,000 jobs.“It just seemed too good to be true,” she said. “It seemed too big.”
She was right.
Galloway and her team dug deep, . . They chronicled complaints that this development was starting to feel like a scam, and reported on the cozy relationship Stenger had with state oversight authorities. . .
It was a “Ponzi-like” operation, in which they collected millions of dollars from foreign investors, pocketed some and paid for past projects with the rest, according to the complaint. Newer projects were left incomplete, and investors were left bilked. Galloway and her team knew about almost all of this — they just couldn’t get anyone to go on the record. . ."
Hear how it all began on The Breakthrough, the ProPublica podcast where investigative reporters reveal how they nailed their biggest stories > https://www.propublica.org/podcast

Other news sources also expressed doubts:
Dec 10, 2015 - And that's a real concern, says journalist Anne Galloway. ANNE GALLOWAY, Vermont Journalism Trust: If people in other countries are investing in something that they have put faith in, and that faith is lost, that has a ripple effect across all EB-5 projects. And I know that our stories have had kind of a chilling ...
__________________________________________________________________________________
HERE IS WHY is your MesaZona blogger having some reasonable doubts about this Arizona SkyBridge
Reason #1:

Scaramucci Says SkyBridge Sale Poses No National Security Threat

Bloomberg · 1 day ago

Reasons #2 + #3

Scaramucci Defends Skybridge Deal After Buyer HNA Faces Fire ...

Dec 13, 2017 - Scaramucci discusses the pending sale of his SkyBridge stake to HNA Group. Anthony Scaramucci, the former White House aide who's selling his stake in SkyBridge Capital to China's HNA Group Co., said he still believes the deal will close days after another acquisition target made accusations that HNA ...
https://www.bloomberg.com/.../scaramucci-says-salt-las-vegas-conference-won-t-happ...
_________________________________________________________________________

Higher Ground
As President Trump visits his border wall prototypes, Arizona is busy setting up a sky bridge to Mexico.





 
 

No comments:

Republic First Bank Seized By Regulators-First Bank Collapse Of 2024

   63 views Apr 26, 2024 #newsbbc #bbcworldnewstoday #bbcnewsworld Troubled Philadelphia-based regional bank Republic First Bancorp wa...