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Thursday, April 14, 2016

Posted By , and on Thu, Apr 14, 2016 at 12:47 PM

click to enlarge Fraud Cases Against Jay, Burke Owners Allege ‘Ponzi-Like’ Scheme
Jeb Wallace-Brodeur
Department of Financial Regulation Commissioner Susan Donegan points to a chart detailing the alleged inappropriate flow of funds within Jay Peak and Q Burke EB-5 projects during a press conference Thursday at the Statehouse.
Updated at 8:05 p.m.

The Securities and Exchange Commission on Thursday accused a pair of Vermont developers and the companies they run of committing massive fraud in the state’s rural Northeast Kingdom.

The civil case, which was unsealed Thursday in U.S. District Court in Miami, alleges that Jay Peak Resort owners Ariel Quiros and Bill Stenger misused hundreds of millions of dollars they raised from foreign nationals through the federal EB-5 investor visa program. Of the more than $350 million they collected to build hotels, ski resort improvements and a biomedical research facility, the SEC said, more than $200 million was misappropriated.

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Posted By on Thu, Apr 14, 2016 at 12:13 AM

click to enlarge Reports: Law Enforcement Operation Under Way at Q Burke Resort
File: Don Whipple
Construction at Q Burke Resort in August 2015
State officials plan to announce details Thursday of what appears to be an ongoing law enforcement operation at Q Burke Mountain Resort, according to Gov. Peter Shumlin’s office. 

WCAX-TV reported Wednesday evening that unidentified officials had changed the locks at the resort and appeared to be seizing evidence. Q Burke president Ariel Quiros told the station he was cooperating with an unspecified "oversight team" that arrived around noon Wednesday. 

State and federal officials were tightlipped Wednesday night and most declined to comment. Shumlin spokesman Scott Coriell said that his office was "aware of the situation in the Northeast Kingdom."

"This is a coordinated effort," he added. "We are unable to comment until relevant information is made public." 

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Wednesday, April 13, 2016

Posted By on Wed, Apr 13, 2016 at 6:31 PM

click to enlarge Milne Accuses Leahy of Flip-Flopping on Superdelegate Stance
File: Jeb Wallace-Brodeur
Scott Milne at the Statehouse in January 2015
A potential challenger to Sen. Patrick Leahy (D-Vt.) accused him Wednesday of bowing to political pressure and backing off his promise to vote for Hillary Clinton this summer at the Democratic National Convention.

A longtime Clinton supporter, Leahy indicated at a February press conference that he would cast his superdelegate vote for the former secretary of state — even if Sen. Bernie Sanders (I-Vt.) won Vermont’s primary. A political aide walked that position back in March and said Leahy would vote for whichever presidential candidate won a majority of pledged delegates. The aide, Carolyn Dwyer, has since claimed that reporters were confused and had misinterpreted Leahy’s comments. 

Pomfret Republican Scott Milne, who has been eyeing a challenge to Leahy, sees it differently.

“Team Leahy’s flip-flop on his promise to Secretary Clinton that he was going to support and vote for her at the convention — just because the going’s getting a little tough in Vermont — is an insight into the way Washington works, the way Washington is so dysfunctional,” Milne said Wednesday. “I think it screams out that Vermont can be a part of fixing Washington by replacing our U.S. senator in 2016.”

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Posted By on Wed, Apr 13, 2016 at 12:49 PM

click to enlarge Sanders Picks Up First Senate Endorsement
Official photo
Sen. Jeff Merkley
He’s served in Congress for more than 25 years and in the Senate for more than nine, but through much of Sen. Bernie Sanders’ (I-Vt.) campaign for the presidency, not a single fellow senator had endorsed him.

That changed Wednesday when Sen. Jeff Merkley (D-Ore.) threw his backing behind his colleague from Vermont. 

Writing in the op-ed pages of the New York Times, the second-term senator said former secretary of state Hillary Clinton would be “a strong and capable president.”

“But Bernie Sanders is boldly and fiercely addressing the biggest challenges facing our country,” he wrote. 

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Saturday, April 9, 2016

Posted By on Sat, Apr 9, 2016 at 7:30 PM

click to enlarge Sanders Extends Winning Streak to Wyoming
File: Paul Heintz
Sen. Bernie Sanders in New Hampshire in January
Updated at 10:23 p.m.

With a victory at the Wyoming caucuses Saturday afternoon, Sen. Bernie Sanders (I-Vt.) extended his winning streak to eight of the last nine Democratic presidential contests.

Sanders won 55.7 percent of the vote, while former secretary of state Hillary Clinton took 44.3 percent.

According to press reports, the Vermont independent was campaigning at New York’s LaGuardia Community College in Queens when his wife, Jane Sanders, interrupted a speech to share the news.

“Alright, news bulletin,” he told a cheering crowd. “We just won Wyoming.”

Only 14 delegates were at stake in the country’s least populous state. Though Sanders won by more than 11 percent of the vote, it appeared that he and Clinton would split Wyoming’s delegates — seven apiece. 

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Friday, April 8, 2016

Posted By on Fri, Apr 8, 2016 at 7:40 PM

click to enlarge Sanders Supporters Call on Vermont Superdelegates to Drop Clinton
Courtesy: Rights & Democracy
A graphic used in a petition calling for Vermont’s superdelegates to back Sen. Bernie Sanders at the Democratic National Convention
Early Thursday morning, the liberal advocacy group Rights & Democracy began circulating a petition calling on Vermont’s superdelegates to the Democratic National Convention to support Sen. Bernie Sanders (I-Vt.) over former secretary of state Hillary Clinton. 

By Friday evening, more than 3,000 had signed.

“It’s been pretty incredible the number of people,” said James Haslam, the group’s executive director. “People were just fundamentally upset.”

The letter specifically targets four Vermont superdelegates who have said they plan to vote for Clinton at the convention: Sen. Patrick Leahy (D-Vt.), Gov. Peter Shumlin, former governor Howard Dean and Democratic National Committee member Billi Gosh. It notes that Sanders defeated Clinton 86.1 to 13.6 percent in the state’s Democratic primary. 

“Vermonters are disappointed that, despite our popular support for Sen. Sanders, in your capacity as superdelegates, you continue to pledge your support for Democratic candidate Hillary Clinton,” it reads. “We call on you, to [honor] democracy in action by casting your superdelegate vote for our fellow Vermonter Bernie Sanders.”

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Posted By on Fri, Apr 8, 2016 at 1:18 PM

click to enlarge Vermont Senate Secretly Solidifies Committee Changes
File: Jeb Wallace-Brodeur
Sen. Dick Mazza
A week and a half after she was appointed to complete former senator Diane Snelling’s term, Sen. Helen Riehle (R-Chittenden) finally received a second committee assignment. 

Lt. Gov. Phil Scott announced Friday morning on the Senate floor that, in addition to serving on the Natural Resources and Energy Committee, the South Burlington Republican will sit on the Education Committee. There, she’ll replace Sen. Dustin Degree (R-Franklin), who was shifted to the powerful Senate Finance Committee. 

The changes, which were approved in secret by the Senate’s three-member Committee on Committees, took at least one member by surprise. After Scott made the announcement and the Senate adjourned for the week, Sen. Ann Cummings (D-Washington) confronted Senate President Pro Tempore John Campbell (D-Windsor) on the floor.

“It would have been nice to know. That’s all,” she told Campbell, who serves with Scott on the Committee on Committees. “I’m learning a lot about being a team player.”

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Posted By on Fri, Apr 8, 2016 at 1:12 PM

click to enlarge Bernie Sanders Plans Vatican Vacation
File: Paul Heintz
Sen. Bernie Sanders
Just days before a make-or-break presidential primary in New York, Sen. Bernie Sanders (I-Vt.) plans to travel to Rome for a conference at the Vatican. 

Immediately after debating former secretary of state Hillary Clinton in Brooklyn next Thursday, he’ll hop off the campaign trail to speak at a conference hosted by the Pontifical Academy of Social Sciences, Sanders’ campaign announced Friday morning. New York’s primary, in which 291 delegates are at stake, is scheduled for the following Tuesday.

“I am delighted to have been invited by the Vatican to a meeting on restoring social justice and environmental sustainability to the world economy,” Sanders said in a written statement. “Pope Francis has made clear that we must overcome ‘the globalization of indifference’ in order to reduce economic inequalities, stop financial corruption and protect the natural environment. That is our challenge in the United States and in the world.”

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Thursday, April 7, 2016

Posted By on Thu, Apr 7, 2016 at 11:18 PM

click to enlarge Minter and Galbraith Release Tax Returns, Net Worth
File: Jeb Wallace-Brodeur
Democratic gubernatorial candidate Sue Minter
Democratic gubernatorial candidate Sue Minter released her 2015 tax return Thursday, along with a list of financial assets and an estimate of her family’s net worth. The move prompted fellow Democrat Peter Galbraith to disclose similar information, though his was partial and not entirely up to date.

Minter and her husband, David Goodman, reported $152,068 in income last year. The candidate made $67,891 in her position as state transportation secretary before resigning last September to run for office. Goodman, a journalist, reported $42,738 in earnings. According to the campaign, their combined assets are worth $1.37 million. 

Galbraith and his wife, Dr. Tone Bringa, reported $571,133 in income in 2013 and $599,609 in 2014. His campaign manager, Ian Moskowitz, said the candidate planned to file for an extension for his 2015 returns but would release his estimated tax payments before then. 

A former ambassador and state senator, Galbraith listed assets totaling $18.3 million. 

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Posted By on Thu, Apr 7, 2016 at 6:56 PM

click to enlarge Hospitals Can Give Millions of Surplus Dollars to Community Groups
Nancy Remsen
The Green Mountain Care Board split over how UVMMC and Central Vermont Medical Center should distribute excess revenues.
In a rare split vote Thursday, the Green Mountain Care Board decided 3-2 that the University of Vermont Medical Center and Central Vermont Medical Center can distribute 40 percent of their $29 million in surplus revenues to community organizations. The rest of their extra cash from their past fiscal year will be used to reduce commercial insurance rates.

The plan that the board’s majority approved was essentially what hospital officials put forward two weeks ago. As partners in the University of Vermont Health Network, the hospitals submitted the proposal jointly. The board deleted a proposed $3 million investment in health payment reform initiatives, redirecting that money to rate reduction.

The board wrestled for nearly two hours over what the two hospitals should do with their excess revenues. “We have been together, some of us, for five years, and we have never been at this point,” chair Al Gobeille said of the stalemate. “The real question is, can the two camps come together?”

The answer turned out to be no.

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