by Tom Tunny, Hamilton
According to a recent news article, Tim Sheehy’s Bridger Aerospace, a company he founded in 2013, negotiated a deal with the Gallatin County Commissioners in eastern Montana to use its pristine credit rating to back $160m (million) in bonds for his company. The County was meant to benefit from Bridger’s plans to hire more workers and build two new aircraft hangers.
But the company used most of the money, $134m, from the 2022 bond issue to pay back previous high interest loans to Blackstone, a New York-based investment giant. Not that any of this is illegal… only shady, as in “shady Sheehy.” So, no new employees hired and no new hangers!
According to the report, Sheehy’s company has lost $150 million since it began operations! Mr. Sheehy appears to be setting himself up for success by using the people of Gallatin County for his bankroll.
This sounds a lot like the kind of shenanigans that Donald J. Trump would pull. Mr. Sheehy has learned well from DJT which in the end will probably result in more phony/costly deals for the state of Montana and the nation.
This incident is one more in a long line of reasons to vote against Tim Sheehy, and for John Tester, a man who has stood tall and strong for Montanans for many years!
I urge you to vote against carpetbagger Tim Sheehy (and carpetbagger Greg Gianforte) and FOR John Tester who we have known and trusted as Montana’s Senior Senator, a true scratch-dirt farmer who has helped so many Montanans in Veterans affairs, agricultural subsidies, and general federal funding of matters important to all of us.
I urge our Republican friends to vote your conscience, not your party, this year!
Kevin O'Brien says
Tester cannot stand! He has loaded himself with $$$ and his rear end is too wide for any Senate Seat.
WMA says
Bill, I will correct one error in the letter. Bridger did build a single hangar at the airport, but certainly not the two promised to Gallatin County.
Please, Bill, point out any other factual error Mr. Tunny made.
Bill Cavanaugh says
I tried to post multiple facts shooting down this slanderous story which you’ve cut and pasted from an NBC reporter who has zero economic knowledge, but the BRS hates facts and won’t allow it.
Mike Miller says
BRS does indeed hate facts! I’ve been censored many times! Neither Victoria Howell Publisher) nor Jesse Mullen (owner) care for facts!