RICK SCOTT KILLED A HIGH-SPEED RAIL PLAN. THEN ALL ABOARD ROLLED UP AND HE BOUGHT IT.

Publish Date: 
Thursday, August 16, 2018 - 4:30pm

ONE OF GOVERNOR RICK SCOTT'S FIRST ACTS WAS THE CANCELATION OF A $2.4 BILLION FEDERALLY FUNDED HIGH-SPEED RAIL PROJECT, saying it was "an extremely high risk of overspending taxpayer dollars with no guarantee of economic growth." Apparently he "switched gears," as he and his wife last year invested at least $3 million in a credit fund for All Aboard Florida's parent company, Fortress Investment Group, according to recently disclosed financial documents.

Scott has given "special attention" to All Aboard Florida since before its inception, including partnerships in other continents. In one transaction, the Scotts received $550 million when Continental Structural Plastics - a company in which the Scotts were majority owners - was sold in 2017 to Japanese conglomerate Teijin.

This "blind trust" in which "the governor does not have control of what is bought or sold" doesn't seem so blind, does it?

Read more here.

Original Article written by Mary Ellen Klas of the Herald/Times Tallahassee Bureau.