NH Resources

It happens every two years, another election approaches in New Hampshire. Elections to me are a sense of renewal, a sense of ideas and a sense that a candidate might emerge that makes something really big happen. Sometimes big things in politics can be dangerous but New Hampshire still needs some things to happen. Elections Are A Sense Of Renewal .   I'd put the state tourism economy on the very top of this list. The granite state has a long, established and historic tourism economy which could be a lot more powerful than it is.    There are many examples of what could be done but as one example imagine what would happen if Amtrak were to run a dedicated ski train from New York City up the Connecticut River Valley to St. Johnsbury, Vermont then across northern New Hampshire to Bretton Woods and a short time later North Conway. I'll tell you what would happen, more state tourism builds a better local economy. Of course running Amtrak trains to the Mount Washin...

 The Business Finance Authority is considering a $28 million dollar state backed loan guarantee for the Balsams resort up in Dixville Notch. I hope that it is rejected.   I've been following the BFA state loan guarantee program since 1994. It's a good program that in most cases the loan size is less than $11 million dollars which is secured with live collateral such as real estate, equipment, inventory, accounts receivable and signed contracts.   No Balsam's Bailout.   This Balsam's Bailout has none of this. Instead, it's a much greater, lofty idea based on reaching speculation and possibly gambling. Speculation that if it fails, causes substantial long-term liability and damage to the state treasury. This unprecedented state financed bailout also involves the use of the EB-5 program which is the exchange of visas for hard currency from places like China, Thailand and Malaysia. Our neighbors in Vermont recently had an experience with this same EB-5 program...