Posted on 08/12/2018 4:55:55 PM PDT by CedarDave
Fast forward to today. Thanks to changes in the federal tax code pushed by Trump and passed by Congress, it was fiscally responsible to refinance the entire mess. Also the refinance got rid of high cost balloon payments in the final two years of the bonds.
New Mexico's past corruption runs deep, but the Dems are no doubt cooking up new schemes to enrich themselves at taxpayer expense.
With yearly interest of $28 million and balloon payments previously due in 2025 and 2026, the cost of the railroad is about 3/4 of a billion dollars. And that doesn't include the annual operating deficit of about $25.6 million dollars.
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The Rail Roader! Still an anvil around the neck of the taxpayer.
New Mexico’s past corruption runs deep, but the Dems are no doubt cooking up new schemes to enrich themselves at taxpayer expense.
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That’s a certainty.
Richrdson was tasked with the job of finding a job away from Washington for Monica Lewinsky when the sexual favors under the Oval Office desk were revealed.
NM would make a great 3rd world bannana republic if you could grow bannanas here.
Fat greedy perv.
“NM would make a great 3rd world bannana republic if you could grow bannanas here.”
Yeah, no kidding. My wife’s fat-a$$ed cousin and her skinny-a$$ed professor husband moved to Santa Fe after “retirement” in CT. Went there one to visit. Santa Fe is Berkeley without the Bay. Wife finally said “adios” to the both of them. They fit right in. The only thing I ever saw from NM that was worthwhile was “Wild Hogs!”
New Mexico is the world’s richest third world country.
It certainly would.
Lol. NM has plenty of those.
Thats banana yucca to all the non Southwestern desert dwellers here on FR.....
Rail runner....
Spaceport....
ART buses....
My prediction from SF commies:
Living wage
Single payer health care
Free college
Legalized zombie brain lard (marijuana)
Etc etc
So true, our county government is mired in a scandal right now. The sad thing is pretty much everyone who went before them were even more corrupt but didn’t get caught.
Good list.
Lol. I think you’re right.
So, is anything going to happen to this crook, or does he walk away unscathed?
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