Thursday, June 23, 2016

Pat McCrory, Phil Berger and Tim Moore use North Carolina taxpayer monies to fund speculative land aquistion

"The North Carolina Railroad Co. said this week that it will buy an additional 100 acres within the Greensboro-Randolph Megasite, becoming by far the dominant land owner.

...Of its 13-member board, the governor appoints seven while the speaker of the House and president pro tem of the Senate appoint three each...

Somebody is going to make a killing on this deal, 
the question is whom

...the purchase is in cooperation with the Greensboro-Randolph Megasite Foundation, an arm of the Greensboro-based Joseph M. Bryan Foundation.

...Although the railroad is technically a private company, the state owns all of its stock and state government has a powerful influence in its structure."