Doing Democracy Best, Part II.


About this time both the Caledonian Record Newspaper and the Union Leader both had articles about the Balsam's and the Senate Bill 30 legislation. To me they looked they were written by the developer and the reporter simply affixed his/her name and the paper ran with it.

It is journalism. At least.

At this point I decided to contact my local state representative to see what other kinds of material(s) were out there beyond my limited knowledge. I ended up getting some good information here which is another advantage of having a "citizen legislature." How accessible are politicians and policymakers in places like Pennsylvania and Nevada especially with this kind of money on the table? Answer: not very accessible.

New Hampshire does do democracy best.I'm wondering if Vail Resorts would undertake a project like the Balsam's in NH.

My concerns would all be addressed days later at the hearing on Senate Bill 30 and Senate President Morse expressing the same concern(s) I had. The Senate Committee turned SB 30 into a "study committee." I think it's interesting to see how Sen. Woodburn, the only sponsor stated that "DRED had asked him to sponsor this bill." Is this an attempt at distance? The politics will go on.

Senate Bill 30 isn't done.

Right now I'm looking at the financial statements for Vail Ski Reports in Colorado, which is publicly traded. And unlike the Balsam's proposal, there is alot of information available-- I'm trying to determine whether Vail and it's market capitalization of $3.62 billion dollars could undertake a project such as the Balsam's. And this is with or without the New Hampshire $28 million dollar state loan guarantee.

If I have time I hope to show some of this math and financial analysis and use this as evidence as to whether the Balsam's re-development has a chance to be successful.

I still say it doesn't.