Sunday, April 23, 2017

Updated again; On "Ex-Triad economic developer David Powell [buddies with Jim Melvin etc...] charged with four felonies" and links to the linked

Powell put most of his energy into two projects;
the creation of a megasite with the aim of drawing an automaker or similar big employer, 
and the creation of TriadFirst, 
a group designed to help provide capital for growing local businesses.

Triad Business Journal 

which really doesn't do investigative journalism

At 7:27pm, 1/26/2016, the story disappeared from the News and Record's front web site page; 

http://www.greensboro.com/.
.
.
"David Michael Powell, the former CEO of a group designed to bring jobs to the region, has been charged with two felony counts each of embezzlement and obtaining property by false pretense...

Zack Matheny is Greensboro's David Powell

Think about it.

...Powell's alleged crimes began during his first year of employment in 2011 through his departure in 2015."

http://www.greensboro.com/gnr/ex-triad-economic-developer-david-powell-charged-with-four-felonies/article_b7da9176-f9a6-568d-a833-6229fb3ce275.html

The connection to Randolph County's Megasite
and Jim Melvin should be investigated,
but they probably won't be.

Triad Business Journal; "A month later, Greensboro police are nowhere on Powell investigation"

http://greensboroperformingarts.blogspot.com/2015/05/triad-business-journal-month-later.html


..Greensboro’s top economic development execs 

have been paid well, perhaps even more than their counterparts in comparable markets. 

As of 2013, Powell had an annual compensation package worth $326,000, 
Danahy, $293,000 and Lynch, $202,000.

Congratulations David Powell and Jim Melvin; "City approves $2.3M contract for megasite work"

http://greensboroperformingarts.blogspot.com/2015/05/congratulations-david-powell-and-jim.html

I gave to many people, before this, 
before two months ago, I was a businessman. 

I give to everybody. 

When they call, I give. 

And do you know what? 

When I need something from them two years later, three years later, 
I call them, they are there for me. 

And that’s a broken system.” 

Donald Trump, real estate magnate, in 2015,
attempting to explain that the system was corrupt 
by pointing out that he was the cause 
of some large part of said corruption.

John "Roy Carroll" Hammer isn't actually covering Jim Melvin and David Powell's Megasite project?

http://greensboroperformingarts.blogspot.com/2015/05/john-roy-carroll-hammer-isnt-actually.html

The millionaire class and the billionaire class 
increasingly own the political process, 
and they own the politicians that go to them for money. 

We are moving very, very quickly from a democratic society,
 one person, one vote, 
to an oligarchic form of society, 
where billionaires would be determining 
who the elected officials of this country are.”

I think many people have the mistaken impression 
that Congress regulates Wall Street. 

The real truth is that Wall Street regulates Congress.

Sen. Bernie Sanders

The Business Journal's Mark Sutter on the new Greensboro Partnership 'Shill'?

http://greensboroperformingarts.blogspot.com/2015/04/profound-business-journals-mark-sutter.html

Today’s whole political game, 
run by an absurdist’s nightmare of moneyed elites, 
is ridiculous — a game in which corporations are people 
and money is magically empowered to speak; 
candidates trek to the corporate suites 
and secret retreats of the rich, 
shamelessly selling their political souls.

Jim Hightower
former Democratic Agricultural Commissioner of Texas

Piedmont's Triad Partnership's Triad First Capital has disappeared; Jim Melvin, Sam Simpson, David Powell etc...

http://greensboroperformingarts.blogspot.com/2015/04/piedmonts-triad-partnerships-triad.html

Now we’ve just seen a complete subversion of our political system
as a payoff to major contributors

Jimmy Carter, former President

Who would be stupid enough to spend $22.5 million to get water and sewer to a Megasite, about 10 miles away from another that already has it?

http://greensboroperformingarts.blogspot.com/2015/02/who-would-be-stupid-enough-to-spend-225.html

I can legally accept gifts from lobbyists 
unlimited in number and in value 

What results is a corruption of the institution of government, 
a corruption driven by big money in politics.

Missouri state Sen. Rob Schaaf

WTF Jim Melvin, Jon Bell, Mark Brazil, Kevin Carter, Pat Danahey, Don Flow, Kelly King, Nido Qubein, Tim Rice, Kelly Stanhope and Robert Long?

http://greensboroperformingarts.blogspot.com/2015/01/wtf-jim-melvin.html

When these political action committees give money, 
they expect something in return other than good government.

Poor people don’t make political contributions. 

You might get a different result 
if there were a poor-PAC up here.

Bob Dole


Randolph County Megasite Con Update

http://greensboroperformingarts.blogspot.com/2015/05/randolph-county-megasite-con-update.html

There are two things that are important in politics. 

The first is money and I can’t remember what the second one is.

Mark Hanna, 
William McKinley’s 1896 Presidential Campaign Manager

"Melvin said [Megasite] funding, for now, is coming by way of the Bryan Foundation and private monies."

http://greensboroperformingarts.blogspot.com/2015/03/melvin-said-megasite-funding-for-now-is.html

We are the only people in the world 
required by law to take large amounts of money from strangers
and then act as if it has no effect on our behavior.

Barney Frank

Conflict of Interest Watch; "Next stage of megasite effort will be 'a different conversation'

http://greensboroperformingarts.blogspot.com/2015/03/conflict-of-interest-watch-next-stage.html

You have to go where the money is. 

Now where the money is, 
there’s almost always implicitly some string attached. 

It’s awful hard to take a whole lot of money
 from a group you know has a particular position 
then you conclude they’re wrong [and] vote no.

Vice-President Joe Biden

Zack Matheny and Mike Barber need to recuse themselves from the Megasite Water and Sewer vote

http://greensboroperformingarts.blogspot.com/2015/03/zack-matheny-and-mike-barber-need-to.html

You’ve got to cozy up, as an incumbent, 
to all the special interest groups 
who can go out and raise money for you from their members,
and that kind of a relationship has an influence 
on the way you’re gonna vote. 

I think we have to become much more vigilant 
on seeing the impact of money. 

I think it’s wrong and we’ve got to change it.

Mitt Romney

Inappropriate Lobbying; "Making Connections Around The Table with Ed Kitchen & Jim Westmoreland"

http://greensboroperformingarts.blogspot.com/2015/04/inappropriate-lobbying-making.html

When you start to connect the actual access to money, 
and the access involves law enforcement officials, 
you have clearly crossed a line. 

What is going on is shocking, terrible.

James E. Tierney, former Attorney General of Maine, in 2014.

Minutes from the "Public Hearing and Consideration of Purchase of Real Estate in Conjunction with the proposed Greensboro-Liberty Mega Site"

http://greensboroperformingarts.blogspot.com/2015/03/minutes-from-public-hearing-and.html

Behind the ostensible government 
sits enthroned an invisible government, 
owing no allegiance and acknowledging no responsibility to the people.

To destroy this invisible government, 
to dissolve the unholy alliance between corrupt business 
and corrupt politics is the first task of the statesmanship of the day.

1912 platform of the Progressive Party, 
founded by former President, Theodore Roosevelt.

Greensboro "Found" $2.2 Million To Give To Rich Developers

http://greensboroperformingarts.blogspot.com/2015/02/greensboro-found-22-million-to-give-to.html

Powell — with the blessings and funding of several top Triad executives 
including BB&T's Kelly King and former Greensboro mayor and banker Jim Melvin
bet big on two concepts: developing a megasite to attract what Powell called a "catalytic" project, 
like an automobile plant; and creating a group called Triad First Capital. 

TFC's mission is described as raising money and using it to 
"seed and nurture a new generation of entrepreneurial leaders in the Triad region."

As 2014 came to a close, Powell 
— working closely with Melvin and Greensboro real estate broker Sam Simpson 
— had success in piecing together options for about 1,350 acres 
in the Liberty area of Randolph County.

Triad Business Journal 
which really doesn't do investigative journalism

Randolph County Approves Greensboro-Randolph Megasite

http://greensboroperformingarts.blogspot.com/2015/02/randolph-county-approves-greensboro.html

"Triad First Capital

Investment Objective

At TFC, we seek to achieve financial returns for members
through private investments in select businesses and real estate assets
that we expect will benefit the Piedmont Triad region of North Carolina.

...At TFC, our management team believes that a principled investment approach,
combined with a disciplined investment process,
will yield the best outcomes for our members and the Triad.

...The Board includes local entrepreneurs and executives
capable of identifying and evaluating unique investment opportunities in the Triad,
who have extensive networks within the business,
banking, transaction service provider, investment, entrepreneurial, private equity,
and venture capital communities in the area, throughout North Carolina, and even nationally.

...TFC will establish a separate limited liability company (“LLC”)
for each specific investment made by TFC members.

Each LLC will be managed by TFC.

An investing TFC member will become an LLC member of the LLC
in which the TFC member determines to make an investment."

http://greensboroperformingarts.blogspot.com/2015/01/wtf-jim-melvin.html
.
.
Sam Simpson
General Partner
TriadFirst Capital
April 2014 – Present (11 months)Greensboro/Winston-Salem, North Carolina Area

https://www.linkedin.com/pub/sam-simpson/11/979/376

Post a Comment