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To: Uncle Chip
The company received $39 million in bonds from Moberly, Mo., and authorization for up to $17 million of state incentives to build an artificial sweetener factory in the city which Gov. Jay Nixon said would eventually employ more than 600 people.

They could have just divided the $56 million among 600 randomly-chosen Moberly residents.

3 posted on 09/18/2012 4:51:37 PM PDT by Tax-chick (Use the nukes, Bibi!)
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To: Tax-chick

It’s a little town of 14,000 people out in the boondocks. Who in their right mind would underwrite $39 million in bonds for this deal. It has bankrupted the city and could and should bring down the careers of a lot of those who hyped this fiasco.


4 posted on 09/18/2012 5:08:30 PM PDT by Uncle Chip
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