Biff_Poindexter
Diamond Member
ADM property worth millions sold to Perdue’s company for $250,000
In February 2017, weeks after President Trump selected Sonny Perdue to be U.S. agriculture secretary, Perdue’s company bought a small grain plant in South Carolina from ADM.
www.thegazette.com
"In February 2017, weeks after then-President Donald Trump selected Sonny Perdue to be U.S. agriculture secretary, Perdue’s company bought a small grain plant in South Carolina from Archer-Daniels-Midland, one of the biggest agricultural corporations in America. An examination of public records by the Washington Post has found the multinational ADM sold the property at a small fraction of its estimated value.
Jackie Anderson, a spokeswoman for Chicago-based ADM, denied the company sold the property at a discount, saying “This was nothing more than a business decision to sell a significantly underperforming asset,” she said. Danny Brown, the former president of AGrowStar, confirmed negotiations began in late 2015. But Brown said ADM wanted $4 million for the plant — 16 times what Perdue’s company ultimately paid for it."
So now the Dems are triggered because a former Agriculture Secretary made an awesome land deal?? Even if what is said is true -- so what if ADM wanted 4 million for it and eventually sold it for 250K -- that is credit to Sonny Perdue's business acumen...something Dems know nothing about.....we should be thankful that Sonny was kind and patriotic enough to take time away from his business to even do us the favor of being Ag Secretary...
What do the Dems want to do? Treat this like some shady land deal?? Really...Do they want to launch some sort of independent investigation into some sort of business deal from someone's past?? That would be unprecedented....Fact of the matter is....even if the deal was shady, he completed the deal before he was confirmed and on top of that -- why shouldn't he be able to benefit somewhat from his position?