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Wednesday, February 4, 2009

Perdue's hometown buddies puzzled by $21 million loan

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Travis Fain, one of The Macon Telegraph's best muckrakers who also blogs at the hilarious Lucid Idiocy, has parachuted into Atlanta for the legislative session. Fain ran into some Houston County bigwigs and asked why they think Perdue took out a $21 million loan last September.

Today I spoke to one man who I consider just about as plugged into the business establishment in the Warner Robins area as you can be. And he said he's talked to everyone he can think of, and can't get a whisper of fact about what that loan was for.

Since taking office, the governor has both managed the state and his two agribusinesses. Last month, the AJC reported Perdue secured the loan for his two agribusinesses on pretty extraordinary circumstances just as credit markets were tanking. He's declined to tell the public why he took out the loan or how he plans to repay it.

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