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Politics : PRESIDENT GEORGE W. BUSH

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To: willcousa who wrote (673623)2/28/2005 12:30:11 PM
From: Krowbar  Read Replies (2) of 769670
 
You seem to have missed this part, so I'll remind you. I know that is what you would want....

"But Bush and his partners weren't satisfied lining their pockets with average Texans' hard-earned cash. They wanted land around the stadium to further boost its value. To that end, they orchestrated a land grab that shortchanged local landowners by several million dollars.

As part of the deal, the city created a separate corporation, the Arlington Sports Facilities Development Authority, to manage construction. Using authority granted to it by the city, the ASFDA seized several tracts of land around the stadium site for parking and future development.

Puppet for Bush, Partners

While on paper the Arlington Sports Facilities Development Authority was a public entity, in practice it was merely a puppet for Bush and his partners. According to documents obtained by the Center for Public Integrity, the owners would identify the land they wanted to acquire. A Rangers owner, Mike Reilly, a Realtor, would then offer to buy the parcels for prices he set, which in several cases were well below what the owners believed their property was worth. If the landowners refused to sell to the Rangers at the offered price, the Arlington Sports Facilities Development Authority could take possession of their land and leave the price to be determined in court."
tompaine.com

So, are you outraged at Bush, or at me for bringing it up?

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