Party of grifters

Under the leadership and example of Donald Trump, the GOP has openly become a party of grifters, using positions of power and influence to benefit themselves and their cronies. The latest example is over at the UNC Board of Governors. The next chair has been trying to profit off his position with little shame or regret.

Harry Smith, who is running unopposed for Chair of the Board of Governors, tried to push a sweetheart deal that would have given East Carolina University more beds and made a bunch of money for him and his business partners. He wanted to buy a foreclosed apartment complex adjacent to university property and then rent the units to ECU. He said he would split the profits with university. The only catch is that to keep the place full, ECU would require sophomores to live in Smith’s newly acquire apartment complex.

Smith and his business partners, The Preiss Company, own apartment complexes including some near other universities. Smith is currently part of a legal battle right now in which he is accused by a North Carolina Central University employee of pushing the school to do business with Preiss. Of course he denies any wrong doing.

Smith’s actions are part of a pattern that’s emerged since Republicans took over the state. House Speaker Tim Moore has gotten rich since he won a seat in the North Carolina House of Representatives. He drives a Maserati. Last month, reporters uncovered a deal where he bought a troubled property with an old chicken plant on it for $85,000 and sold it three years later with no improvements for more than $500,000. That’s a windfall and it’s not likely to have happened if Moore were still just an attorney in Kings Mountain.

Read more: https://www.politicsnc.com/party-of-grifters/