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OMG Blue Dog Ross of AR turns out to be bought and paid for by USA Drugs

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Walk away Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:06 PM
Original message
OMG Blue Dog Ross of AR turns out to be bought and paid for by USA Drugs
Edited on Tue Sep-22-09 08:23 PM by Walk away
He sold our HCR for drug money!
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:08 PM
Response to Original message
1. You must be watching Rachel - great piece!! (Including the Razorback hat!) nt
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Walk away Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:11 PM
Response to Reply #1
3. Yes, I'm going over to Fire Dog Lake and donating for that ad.
I think he is going to have to change his mind or he will be a political dead man walking.
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medeak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 09:03 PM
Response to Reply #1
11. Rachel distorted the story
sorry...am big fan and emailed her. It's obvious legislator sold the BUSINESS not just the property. The property values had nothing to do with final sale of account receivables and projected income. Have bought and sold businesses and it's common practice to offer owner covenant not to compete as tax write off. Even if owner is not staying on as manager or employee which his wife was. Obviously he has pharma connnections but the sale of his business was completely distorted and disappointed in Rachel as she's brilliant and should know better.
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Walk away Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 09:08 PM
Response to Reply #11
12. But she did break it down and the property alone sold for twice it's..
value to USA Drugs. You must have missed that part but it was clear it was a seperate payment from the business and the no-compete.
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medeak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 10:00 PM
Response to Reply #12
13. no... that's incorrect imo
she gave no figures for the business.. the non-compete clause is separate. Believe the figure she gave for the property was for the business rather than the property alone....she gave a figure for the inventory on hand but that would not include the the income of business. But what do I know...have 7 LLC's presently and have bought and sold many.
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roguevalley Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 10:39 PM
Response to Reply #13
16. the management of the town actually called the company to make
sure there wasn't a mistake. they said you could buy the whole town for that kinda dough. he's a fucking tool.
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medeak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 11:13 PM
Response to Reply #16
17. good grief
buy the whole town re property not a business. Pharmacy had to be a very lucrative business... yes will repeat his ties to pharam are ridiculous....but the facts Rachel cited were distorted.
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DireStrike Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 10:32 PM
Response to Reply #11
15. I don't think she'd make a mistake like that
If they did, you can bet someone will be fired over it.
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Sebastian Doyle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:09 PM
Response to Original message
2. And unlike the legendary alleged "Whitewater" scandal....
The facts of THIS crooked land deal don't seem to be in dispute. Basically walk away with $1.6 million for a drug store worth $200K. What a piece of shit!
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Walk away Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:13 PM
Response to Reply #2
5. Plus the maximum political contribution!
:sarcasm:
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:11 PM
Response to Original message
4. To the greatest
immediately.

Thanks Rachel. This is huge.
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Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:20 PM
Response to Original message
6. AK = Alaska, AR = Arkansas
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Walk away Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:22 PM
Response to Reply #6
7. Sorry Dave I was sputtering as I wrote! I'll fix it...
Edited on Tue Sep-22-09 08:26 PM by Walk away
Seriously, I was jumping up and down with my dog running around. I have never typed "OMG" in my entire life but everything I wanted to say was unprintable.
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Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:52 PM
Response to Reply #7
9. Is OK, you had me confused until I seen the razorback comment. ;)
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Sebastian Doyle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:25 PM
Response to Original message
8. Mike Malloy is talking about this right now.
And I'm sure Thom Hartmann will cover it tomorrow morning.

I'll bet CNN and FAUX never mention it though.
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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 08:57 PM
Response to Original message
10. Most of them sell out these days. Most aren't quite as blatant.
Of course he's not in Duke Cunningham's league yet.
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Dont_Bogart_the_Pretzel Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 10:29 PM
Response to Original message
14. K&R
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