Comments on: Trouble brewing in Gwinnett over land purchases? http://www.peachpundit.com/2009/08/02/trouble-brewing-in-gwinnett-over-land-purchases/ Fresh Political Pickins From The Peach State Mon, 13 Feb 2012 04:52:02 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: tylandred http://www.peachpundit.com/2009/08/02/trouble-brewing-in-gwinnett-over-land-purchases/comment-page-1/#comment-183275 tylandred Mon, 03 Aug 2009 02:55:12 +0000 http://www.peachpundit.com/?p=16312#comment-183275 This sounds just like the land purchase State Senator Jim B. “Buyer’s Market” Butterworth orchestrated for Habersham County, one week after his election to the Georgia State Senate in August of 2008. -Prominent local developer/seller…known to be in financial trouble…check -Lone appraisal supplied by the seller…check. -Paid double county-assessed value and triple area values…check -Deal questioned by another county commissioner, now State Representative Rick Austin (Austin is the Beaudreau in the Habersham version) …check -The single appraisal used was done by shady appraiser using questionable methods…check This is an epidemic in north Georgia and we are all going to pay for it. My only question is… which banks got saved in the Gwinnett County cases? This should be called…Bank bailout, Georgia style. This sounds just like the land purchase State Senator Jim B. “Buyer’s Market” Butterworth orchestrated for Habersham County, one week after his election to the Georgia State Senate in August of 2008.

-Prominent local developer/seller…known to be in financial trouble…check
-Lone appraisal supplied by the seller…check.
-Paid double county-assessed value and triple area values…check
-Deal questioned by another county commissioner, now State Representative Rick Austin (Austin is the Beaudreau in the Habersham version) …check
-The single appraisal used was done by shady appraiser using questionable methods…check

This is an epidemic in north Georgia and we are all going to pay for it.

My only question is… which banks got saved in the Gwinnett County cases? This should be called…Bank bailout, Georgia style.

]]> By: Buzz Brockway http://www.peachpundit.com/2009/08/02/trouble-brewing-in-gwinnett-over-land-purchases/comment-page-1/#comment-183243 Buzz Brockway Mon, 03 Aug 2009 00:29:26 +0000 http://www.peachpundit.com/?p=16312#comment-183243 I think three folks in particular should be worried; Bannister, Kenerly, and former Commissioner Lorraine Green. They were the three who pushed these four deals. Kenerly says he'll announce whether or not he runs again in September. I think three folks in particular should be worried; Bannister, Kenerly, and former Commissioner Lorraine Green. They were the three who pushed these four deals.

Kenerly says he’ll announce whether or not he runs again in September.

]]> By: Bill Simon http://www.peachpundit.com/2009/08/02/trouble-brewing-in-gwinnett-over-land-purchases/comment-page-1/#comment-183229 Bill Simon Sun, 02 Aug 2009 23:43:34 +0000 http://www.peachpundit.com/?p=16312#comment-183229 Kevin Kenerly isn't getting off scot-free here....and WHEN is his next election? Kevin Kenerly isn’t getting off scot-free here….and WHEN is his next election?

]]> By: Steve Perkins http://www.peachpundit.com/2009/08/02/trouble-brewing-in-gwinnett-over-land-purchases/comment-page-1/#comment-183227 Steve Perkins Sun, 02 Aug 2009 23:41:29 +0000 http://www.peachpundit.com/?p=16312#comment-183227 Memo to Chairman Bannister about how the free market works: the value of something is set by what people are willing to pay <b><i>with their own money</i></b>. When government officials buy land from political cronies at inflated prices with tax dollars, it's called government distortion of the market. Well, actually the more plain word is "corruption"... but distortion is what an economics professor might tell you. Glad to hear that Porter is at least making noise about it... many DA's wouldn't. I can't believe that Bannister hasn't even batted an eyelash after his close call against Lorraine Green just months ago. Memo to Chairman Bannister about how the free market works: the value of something is set by what people are willing to pay with their own money. When government officials buy land from political cronies at inflated prices with tax dollars, it’s called government distortion of the market. Well, actually the more plain word is “corruption”… but distortion is what an economics professor might tell you.

Glad to hear that Porter is at least making noise about it… many DA’s wouldn’t. I can’t believe that Bannister hasn’t even batted an eyelash after his close call against Lorraine Green just months ago.

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