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 Post subject: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Thu Aug 05, 2010 9:44 am 
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The similarities between the Bo Jackson and Plasmatronics proposals are striking.

1. Greg Guerrettaz of FSG Corp. – who did the “due diligence” study endorsing the Plasmatronics project - is also providing the financial oversight of Bo Jackson.

2. The rumor was advanced that numerous private citizens, including Dean White, were likely to invest in Plasmatronics. (Actually, 63 wealthy individuals including Dean White and 4 banks were approached by Plasmatronics, but no private entity would loan or invest a penny – only the city of Crown Point who was investing public funds). It is being said that numerous private individuals, including Dean White, plan on investing in Bo Jackson but it has not been firmed up. I have much more confidence in Dean White's judgment of where to invest than the Crown Point administration. He has a far better track record.

3. The Bo Jackson plan details where the money will be spent but it is sketchy. The written Plasmatronics claims for funds filed with the City of Crown Point detailed where the money was to go, but most of it went elsewhere and was lost.

4. The Bo Jackson and Plasmatronics proposals both look like scams on their faces.

In all three economic development projects, Plasmatronics, Brogan Pharmaceuticals, and Gordon Foods, the city of Crown Point lost almost all of its investment.

However, the city officials made out like bandits – some even becoming millionaires as a result of these failures. Over $17 million was spent by the city to bring utilities and roads to City Councilman Bob Corbin’s farm (which was near the proposed Gordon Foods development site). Gordon Foods never came. But Corbin then sold the farm for over $2 million to V3 Development Co. Over $200,000 was paid in legal fees to city attorneys, Dave Nicholls, Bob Kuzman, and Ice Miller for suing Plasmatronics. Greg Guerrattaz of FSG Corp was paid well for his financial oversight and due diligence work. These folks contributed handsomely to the mayor’s campaign war chest.

It’s like the movie, “The Producers.” You can make more money with a failure than a success. If a project is a success, there will be oversight. But if it is a failure, it will be ignored like Brogan Pharmaceuticals.

If Bo Jackson proves to be another debacle, city employees should not pass “GO” and receive $200,000 like they did in the Plasmatronics fiasco. The FBI should be called in immediately, and they should Go Directly to Jail.


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Thu Aug 05, 2010 1:56 pm 
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I couldn't agree more!


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Thu Aug 05, 2010 3:07 pm 
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Public Oversight wrote:
The similarities between the Bo Jackson and Plasmatronics proposals are striking.

1. Greg Guerrettaz of FSG Corp. – who did the “due diligence” study endorsing the Plasmatronics project - is also providing the financial oversight of Bo Jackson.

2. The rumor was advanced that numerous private citizens, including Dean White, were likely to invest in Plasmatronics. (Actually, 63 wealthy individuals including Dean White and 4 banks were approached by Plasmatronics, but no private entity would loan or invest a penny – only the city of Crown Point who was investing public funds). It is being said that numerous private individuals, including Dean White, plan on investing in Bo Jackson but it has not been firmed up. I have much more confidence in Dean White's judgment of where to invest than the Crown Point administration. He has a far better track record.

3. The Bo Jackson plan details where the money will be spent but it is sketchy. The written Plasmatronics claims for funds filed with the City of Crown Point detailed where the money was to go, but most of it went elsewhere and was lost.

4. The Bo Jackson and Plasmatronics proposals both look like scams on their faces.

In all three economic development projects, Plasmatronics, Brogan Pharmaceuticals, and Gordon Foods, the city of Crown Point lost almost all of its investment.

However, the city officials made out like bandits – some even becoming millionaires as a result of these failures. Over $17 million was spent by the city to bring utilities and roads to City Councilman Bob Corbin’s farm (which was near the proposed Gordon Foods development site). Gordon Foods never came. But Corbin then sold the farm for over $2 million to V3 Development Co. Over $200,000 was paid in legal fees to city attorneys, Dave Nicholls, Bob Kuzman, and Ice Miller for suing Plasmatronics. Greg Guerrattaz of FSG Corp was paid well for his financial oversight and due diligence work. These folks contributed handsomely to the mayor’s campaign war chest.

It’s like the movie, “The Producers.” You can make more money with a failure than a success. If a project is a success, there will be oversight. But if it is a failure, it will be ignored like Brogan Pharmaceuticals.

If Bo Jackson proves to be another debacle, city employees should not pass “GO” and receive $200,000 like they did in the Plasmatronics fiasco. The FBI should be called in immediately, and they should Go Directly to Jail.



I thought we had the market cornered on this type of nonsense here in Hammond.

NO wonder Thomas McDermott speaks so highly of David Uran!

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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Thu Aug 05, 2010 5:56 pm 
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The cancer of political corruption has spead to Crown Point.


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Thu Aug 05, 2010 6:53 pm 
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There are northern lake county corrupt union thugs that have moved to Crown Point to corrupt that party of the county. The way they have corrupted the norhtern part of the county. Some of them are on Mayor Mcdermotts Lake County Democrat Governing Board. I will not name them at this time. I am talking about union officials. Not union workers. I have no problem with the rank and file. Just to clarify.


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Sat Aug 07, 2010 9:30 am 
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A failed economic development proposal that makes a great deal of money for dishonest politicians is well known in East Chicago, Gary and the rest of North Lake County.

The Gary/Chicago Airport is a good example.

If the Gary/Chicago Airport is successful, there will be oversight of the budget, expenditures, where the money goes and who receives it.

But as long as the Gary/Chicago Airport continues to fail - because the Gary School Corp. wont sell needed land to the airport, and because a deal cannot be reached with the railroads to extend the runways, and because the airport's fourth rate airlines go bankrupt - business continues as usual and dishonest public officials bleed money from the ineptly run airport.

It's worth noting that Dean White won't invest a penny in developing the Gary/Chicago Airport for commercial airlines although it's success would benefit his hotels and the Lake County Convention and Tourist Industry.


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Sat Aug 14, 2010 8:48 pm 
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Bo Jackson doesn't have any money. that is why he wants the city of cp to co-sign the loan that he would get. he can then default on the loan and the city will be stuck with the loan. jackson will get royalties because the city will sign an agreement with him and he would come out smelling like a rose.

dean white will not come with any money unless there are matching funds put in from somewhere like the cp community foundation. and from what I have heard, they are not going to pony up any money.

with the bo jackson name on the dome, a good school system and many apartments to choose from it won't be long until cp turns into south gary. remember how uran fought to get even more apartments?


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Sun Aug 15, 2010 12:15 pm 
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Once again, like Dan Klein's and Bob Corbin's Plasmatronics, Gordon Foods and Brogan Pharmaceutical fiascos, Crown Point will be scammed.

Only in this case, the Uran Administration will be paid off, receiving legal, consulting and other unspecified fees. It's the East Chicago two-step and it's spread to Crown Point


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Mon Aug 16, 2010 9:29 pm 
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let's see...how much money does city attorney dave nicholls get from the general obligation bond the city is going to get? then he contributes a percentage of that over to the uran campaign fund. seems elementary to me.


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Mon Aug 16, 2010 11:02 pm 
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Dick_Tracy wrote:
let's see...how much money does city attorney dave nicholls get from the general obligation bond the city is going to get? then he contributes a percentage of that over to the uran campaign fund. seems elementary to me.

Nicholls supports Uran? That is surprising, unexpected and disappointing.

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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Tue Aug 17, 2010 12:11 pm 
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-={ARCLIGHT}=- wrote:
Dick_Tracy wrote:
let's see...how much money does city attorney dave nicholls get from the general obligation bond the city is going to get? then he contributes a percentage of that over to the uran campaign fund. seems elementary to me.

Nicholls supports Uran? That is surprising, unexpected and disappointing.


Dave Nicholls was appointed by Mayor Uran to be Crown Point City Attorney.

He comes from East Chicago and is alleged to have been a bag man for Mayor Pasterick. He is well versed in East Chicago practices. Nicholls, Keith Stevens and Uran are doing their best to turn Crown Point into East Chicago South.

They are skilled at turning failures into profit centers for politicians. For example, after the Plasmatronics venture failed, the city of Crown Point paid $200,000 in legal fees to Nicholls and Ice Miller - both of whom contributed handsomely to the Uran Campaign war chest. It is estimated that an additional $200,000+ was skimmed from the $380,000 loan. And there are tens of thousands of dollars worth of machinery and parts that cannot be located.

Others have been implicated. For example, political fund-raiser and power broker Dan Dumezich may have convinced Governor Daniels to come to Crown Point on April 24, 2007 (10 days before the primary where Klein was defeated by Van Sessen). At that April 24 ceremony, Mayor Klein and Governor Daniels announced the Plasmatronics loan. It is hard to believe any one other than Dumezich could have delivered the governor. According to a Times article, there was no due-diligence whatsoever done at the Indiana State-level, although the state granted Plasmatronics tax credits (not cash, like Crown Point) and recommended the Plasmatronics loan to Crown Point.

Depending on the size of the Bo Jackson bond issue, Nicholls should receive $100,000+ Not bad when the Indianapolis bond lawyers will do the lion's share of the work. Such fees have been known to be spread around.


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Tue Aug 17, 2010 10:45 pm 
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Nice work Public Oversite, however people are stupid and don't care! With all this factual information right in front of their faces they still vote for people like Dan Klein.


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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Wed Aug 18, 2010 1:41 am 
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I was surprised to see the Dumezich name in this stinky subject
I just read his name today on the Secretary of State's website. Dumezich is chairman of the Indiana Election Commission, I learned. Small world, isn't it?

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 Post subject: Re: Only If Dean White Invests in Bo Jackson Should Crown Point
PostPosted: Mon Aug 23, 2010 5:45 am 
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The main reason for Bo Jackson is the money that the Crown Point Public Officials will make.

1. All contractors, consultants and lawyers will be called on to make political contributions, which is the current practice in Crown Point. A $13,000,000 project can yield hundreds of thousands of dollars in benefits to politicians.

2. The bonding fee will produce $100,000+ for the city attorney. Such amounts are frequently spread around.

3. The money raised will be deposited in a politically connected bank. For example, the city money paid to Plasmatronics was deposited in Councilman Andrew Kyres First Financial Bank.

4. The contracts will be given to favored contractors, some of whom are in tough financial straits in the current construction slow down. This can generate larger than normal political contributions.

As a result, the Uran Administration will promise anything to push Bo Jackson through because they will make so much money.


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