Balloon Juice: Who Really Built That?

[Bolo Boffin]

http://www.balloon-juice.com/2012/07/23/who-really-built-that/

In the recent past, say 10-12 years ago, the 2002 Winter Olympics were going to be held in Utah. By 1998 the effort was swamped by a bid rigging scandal. Folks in control of the Games were pushed out. New grifters were brought in and they brought in Mitt. He hired a team of lobbyists. And for slightly less than a $4 Million investment, these lobbyist convinced a GOP controlled Congress and the Bush Administration to bail out the Olympics with $1.5 Billion picked from the pockets of US taxpayers. Most of that money went to road construction projects around Northern Utah. Of the 10 major infrastructure projects that taxpayers paid for, four were near Deer Valley and Romney’s old home. Taxpayers spent about $70 Million for new infrastructure that increased the property values around Summit County. Deer Valley (and Mitt’s house) was in the middle of the profit zone. By the start of the 2002 Games the development boom was in full swing.

Romney’s patrons could imagine that their property values increased because of their hard work, but without the $1.5 Billion taxpayer bailout to build out the infrastructure in Northern Utah, their land would still be isolated, remote and not worth that much.

Some links for backup:

http://www.balloon-juice.com/2012/07/18/how-mitt-saved-the-olympics
http://articles.latimes.com/2002/jan/29/news/mn-25267

[Bolo Boffin]

1. A kick for the morning crew. n/t

[Scuba]

2. I would actually need a house that big if I had to live in it with Mitt.

[HopeHoops]

3. That's one UGLY-ASS structure. The architect needs a forced enema.

[Bolo Boffin]

4. Like Thomas Kinkade climbed to the top of the mountain and then

threw up all over the side.