New Hampshire congressional candidate Andy Martin saves taxpayers $28 million by blocking a loan guarantee scam involving The Balsams

New Hampshire congressional candidate Andy Martin has blocked a $28 million loan guarantee that was being used to finance a real estate scam in the North Country. New Hampshire taxpayers would have been liable for the entire $28 million loss. “Crooked law firms and trustees destroyed the Neil Tillotson Trust, by betraying their fiduciary duties to North Country residents,” says Andy Martin. “The Balsams hotel was a jewel, and it was deliberately destroyed to make way for a massive real estate scam. I stood alone in fighting this awesome example of ‘honest graft,’ and I believe the project is now dead. We’ll continue to fight to get real jobs, not fanciful financial promotions, to the North Country. Other candidates make promises, I deliver. real performance. I just saved New Hampshire taxpayers $28 million. Not a bad performance from just a candidate.”

News from:
ANDY MARTIN /2018
Republican candidate for Congress
New Hampshire-
First Congressional District

http://www.AndyMartin2018.com
http://www.AndyMartin.com
http://www.FirstRespondersOnline.us
Headquarters:
E-mail:AndyNewHampshire@aol.com
P.O. Box 742
Manchester, NH 03105-0742
Tel. (603) 518-7310
Fax (866) 214-3210
Blogs:
http://www.AndyMartinforCongress.blogspot.com
http://www.AndyMartinforCongress.wordpress.com

FOR IMMEDIATE RELEASE:

New Hampshire First District congressional candidate Andy Martin has blocked a $28 million political real estate scam that was a sure loser for Granite State taxpayers

Andy Martin says his campaign activity is not just “politics;”
he has a proven record of performance, delivering on his promises here in New Hampshire and ready to support President Trump in Washington as together they Fight the Swamp

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(MANCHESTER, NH)(June 18, 2018)

Dear New Hampshire Citizen:

This is my fourth letter to you from my campaign. I hope you are enjoying a behind the scene look at Republican Party politics, New Hampshire’s fake news media and the way political insiders try to profit by misusing your hard-earned tax dollars.

Politicians and especially candidates like to make lavish promises. For myself, I prefer to campaign on delivering actual performance.

Seven years ago the employees of The Balsams hotel invited me to visit the hotel facility in the North County. The hotel was a national landmark and a New Hampshire gem. The ambience was extraordinary; the quality of the food and service were world class. In every way The Balsams was an extraordinary experience. See what the Washington Post had to say, Link #1 below.

The hotel was left in a trust by wealthy investor Neil Tillotson for the people of the North County. The hotel and its programs supported somewhere between 300 and 500 solid jobs. But the trustees of the Neil Tillotson Trust got tired of being responsible for the hotel, so they eventually dumped the property on a couple of real estate speculators.

The speculators, known as “the Two Dannys,” promptly ripped the interior of the hotel apart, seeking to raise fast cash. A virtually new $80,000 kitchen was sold for scrap. They also sold off easements to get their cash out. Although New Hampshire newspapers continue to publish a mist-shrouded picture of The Balsams that hotel is no more. It has been totally destroyed by greed.

I tried to help the employees but the courts were not favorable. It was heartbreaking to see valuable jobs simply erased by political greed.

Then the Two Dannys brought in a ski operator, claiming they would create a model ski resort. With each passing year, the ski project mushroomed, to the point where they are currently claiming it is a $175 million project. But the real estate promoters wanted you, the New Hampshire taxpayer, to bail out this scheme with a loan guarantee that would essentially be used to borrow down payment money. No one would invest significant funds in the venture without you making the down payment on their investment. Sound fishy? The promoters claimed they would sell visas/Green Cards to people in China to get them entry into the USA as “investors.”

I have been fighting this loan guarantee because the $28 million state guarantee is not a guarantee at all; it is a certain loss for taxpayers.

The Union Leader has been promoting the loan guarantee as virtually a done deal, and they have blacked out any mention of my opposition. Likewise the New York City-owned “local” TV station, WMUR, has promoted the scam and reported as though the deal was legitimate.

“Investigative reporting” does not exist in New Hampshire. In fact, the fake news media attack anyone such as me who actually takes action to protect taxpayers from political scams. Taxpayers are subjected to a constant stream of fake news from our fake news local media.

I blocked the loan guarantee in May. This month the loan guarantee was blocked again. Please see Link #2 for a list of stories. The threat of my lawsuit prompted the state finance agency to dig deeper into the financials of the scam, and the deal is effectively dead.

The hypocrisy of taking Neil Tillotson’s trust funds, specifically designated for the North Country, and wiping out the hundreds of jobs Tillotson created, and then falsely claiming that (insert name of your favorite phony politician) you are “for North County jobs” is breathtaking. The jobs were already there and they were deliberately destroyed by greedy lawyers and promoters.

I continue to stand watch so that any effort to revive The Balsams loan guarantee scam will continue to be blocked. I have a Right to Know law request pending with the state agency.

If you ask yourself, can Andy make a difference in Washington, can he deliver on his promises to the people of New Hampshire, you have the answer. I just saved all of you $28 million by blocking a scam that would have been a sure loser for taxpayers.

None of my opponents in the Republican Party primary even remotely has any experience or inclination to help President Trump Fight the Swamp in Washington. They are “all promises.” I am all performance.

I am the only one that can make a difference from Day One in protecting your hard-earned money. I just beat one set of scam operators; I’m ready to fight the next battle in Washington. Please send me to congress as your Representative from the First District. You’ll be proud you did.

Respectfully,

Andy

LINKS TO THIS STORY (cut and paste the entire link below and not just the underlined portion):

[1]

http://www.washingtonpost.com/wp-dyn/content/article/2011/01/20/AR2011012005416.html?

[2]

http://www.unionleader.com/business/vote-on-28m-loan-guarantee-to-save-balsams-grand-hotel-in-limbo-20180328

http://www.unionleader.com/apps/pbcs.dll/article?AID=/20180530/NEWS02/180539974/0/NEWS05

http://www.unionleader.com/article/20180613/NEWS0606/180619754

New citations after emailing:

ANDY MARTIN – A BRIEF BIO:

Andy Martin is a legendary New Hampshire-based muckraker, author, Internet columnist, talk television pioneer, radio talk show host, broadcaster and media critic. With fifty years of background in radio and television and with five decades of intelligence, investigative and analytical experience in Washington, the USA and around the world, Andy provides insight on politics, foreign policy, military and intelligence matters. For a full bio, go to: http://www.AndyMartin.com; also see http://www.BoycottABC.com/executive_director.htm

Andy has also been a leading corruption fighter in American politics and courts for fifty years and is executive director of the National Anti-Corruption Policy Institute. See also http://www.FirstRespondersOnline.us; http://www.AmericaisReadyforReform.com.

He holds a Juris Doctor degree from the University of Illinois College of Law and is a former adjunct professor of law at the City University of New York (LaGuardia CC, Bronx CC).

He is the author of “Obama: The Man Behind The Mask” [www.OrangeStatePress.com] and produced the Internet film “Obama: The Hawaii’ Years” [www.BoycottHawaii.com]. Andy is the Executive Editor and publisher of the “Internet Powerhouse,” blogging at http://www.contrariancommentary.wordpress.com and http://www.ContrarianCommentary.com.

Andy’s family immigrated to Manchester, New Hampshire over 100 years ago; today his home overlooks the Merrimack River and he lives around the corner from where he played as a small boy. He is New Hampshire’s leading corruption fighter and Republican Party reformer.

UPDATES:

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Andy’s opinion columns are posted at ContrarianCommentary.com, ContrarianCommentary.blogspot.com and ContrarianCommentary.wordpress.com

[NOTE: We try to correct any typographical errors in our stories; find the latest version on our blogs and don’t hesitate to let us know if you find an error.]

———-

© Copyright by Andy Martin 2018 – All Rights Reserved

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