Scholarship fund running dry

The Transpark is a lot like ole' Uncle Dan. You know, that crazy uncle who comes to the family reunion. He's a good guy but there's just something about him that ain't exactly right.

There have been studies on the GTP since time began but everyone just pushes them aside. I think the first study of the GTP is in the Book of Genesis.

As to what has been created? A monster. A behemoth. I believe the original estimate was 50,000 jobs by 1997. Actual job creation is somewhat less than that.....about 49,500 less I believe.

But we got a nice GTP parkway down there. It doesn't go anywhere but it sure is nice. We go out there after church and ride up and down. There ain't no traffic and once in a while you might see an airplane. And we're getting ready to build us a railroad out there.

But seriously, everything is gonna be all right. Once we get an interstate highway....and once we reroute the intercoastal waterway.....and then dredge a port.....then everything will be just fine. In the meantime, y'all just keep sending us a check.

Ryan how long has it been since there has been an in-depth reporting of the Global Boondoggle? Might be good to refresh folks on the amount of money spent, what has been created, etc. What are salaries for GTP?

That money went to the same place that the money that was supposed to be used to repay the General Fund that was given to the Highway Trust Fund under Hagan's leadership on budget committee.

What is the status of the "loan" made to the Global Transpark?

I seem to recall that the Escheat Fund loaned the Transpark some $25,000,000. Last I heard the loan, with accrued interest, was well over $30,000,000. And the legislature has to fund the GTP each year just so the GTP can pay the light bill.

Maybe those students who could not go to college because the Escheat Fund loaned $25,000,000 to the Transpark.....well, maybe they can get a job at the Transpark.