Be Informed About Mamtek

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schmucky

Moberly, MO

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#22
Sep 23, 2012
 
Informed wrote:
I would like for a Moberly Taxpayer to post how much money they have paid out of thier pocket for the Mamteck situation. I guess these people that sit and do nothing to help the community, but scrutinize should get off thier ass and volunteer for any number of boards and committiees instead of reying on a few as listed in posts above. Maybe those who are VOLUNTEERING to work on committees and boards should just say "screw you" to those who need jobs or better jobs. Most of them have good jobs and could really just say FU to those who need emplyement.
Better yet, show up at one of these PUBLIC meetings and gowe some balls and say these inflamotory things in person instead of being a keyboard commando.
it's coming just sit and watch. that debt won't just go away. they pretty much have said "screw you" and have not provided a lot of economic growth. this used to be a thriving community and it's a ghost town now. and the mirror did show up (balls and all) and was not only told to shut up but shut down. these volunteers didn't do their homework, or even listen to someone who did, and need to be held accountable.
country chick

Macon, MO

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#23
Sep 23, 2012
 
Ex Hayes supporter wrote:
Your City Council, Mayor and Public school Board, all ask for and run for their position.
They ask to be a part of the process and ASK to have the position. So, if they do not do a good job or are acting illegally and irresponsibly, If they do not perform the due dilligence that they are to perform BY LAW, then so be it---hold them accountable.
I did not ask them to run. They wanted the position.
They knew what it paid or did not pay. And, they still ran for the position.
Now, when they behave professionally, I thank them for their service. But in this case, they get no Thanks.
Yes, the Council elects the Mayor. The Council can also vote him out as Mayor. Get his face out of the paper and off our Town's name. Don't they know that if they took him off as Mayor and elected another one, that people would be more willing to help Moberly.
No one has any respect for a town that has a Mayor that openly says " I thought he was a nice guy"......Do you know how stupid that made us look? Why do they let him be interviewed or qouted. The people I talked to were stunned that he would say that. Stunned that his excuse would be so lame. Stunned, stunned, stunned. Of course, after a few cold ones, it was the "comment of the evening". Too funny!
They are walking up to each other saying "can I have the keys to your house, I am a really nice guy" "Can I have be put on your 401K, I am a really nice guy" "Can loan me your life savings, I am a really nice guy". Lawyers/business people with a few drinks, I bet were having a good time!
Usually I disagree with you on other topics, but on this one I agree completely. If the council will get him out as Mayor then maybe the citizens can help the town get past this. But if they (the council) are taking no action, then why should we?
Moberly does nothing

Kansas City, MO

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#24
Sep 24, 2012
 

Judged:

1

Another Moberly Citizen wrote:
I did definitely read the article, and I know it was discussed at the hearings. I do not remember reading anywhere in the papers where it became "evidence." The committee did draw attention to the articles and praise the editor for her investigative work. I don't know enough about the situation with Moberly telling business owners not to buy the paper, etc. It has all been gossip, and I tend to ignore that. What I am confident of is that Moberly felt they had properly vetted this company by hiring private contractors to do the leg work.
Believe me that I never "blindly listen to others"... and I do not believe that our leadership did that either. The guys I personally know are very intelligent men, and it is the COMMON, NORMAL way for small towns like ours to outsource the due diligence issues to private contractors. In this case, they did not do their job. One of these guys in fact said that he had been there and seen the company in operation... that he had held the Sucralose in his hands!
Am I saying nobody in our leadership is responsible for any of this? No. What I am saying is that it was a collective failure of many individuals.
When Moberly Officials went over to China, what did they go there for?
I thought Riley and Morris would go over to China, view the working China factory that Mamtek claimed to have, so that they could see exactly what they were buying, what the plant to be built here in Moberly would look like.
As a taxpayer, my tax dollars paid for their trip to China. they probably brought back receipts for EVERYTHING and the City reimbursed them or they used a City Credit Card.
And yet, they never viewed the China factory? What the hell did they do in China? Once my tax dollars paid for these two Moberly Officials to go over to China, they had an obligation, an ethical and LEGAL obligation to view that factory, no matter how far, no matter how long it took them to get there.
If they would of done that one thing, that one and important ACT OF DUE DILLIGENCE----they would of found out, there was no finished and working factory in China and it was a scam.
schmucky

Moberly, MO

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#25
Sep 24, 2012
 

Judged:

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Another Moberly Citizen wrote:
I am posting this here instead of just the "Mayor Riley" thread because it really has to do with the whole Mamtek issue.
I am proud to be a Moberly citizen and American with a right to voice my opinion. I am willing to listen to any opinion of others and glad they have a right to their opinion. I am ASHAMED of anyone in this town who would wish death upon anyone... speak about bad karma... or anything like that. It makes YOU look like the most immature, irrational individual of them all.
I do believe that Moberly leaders made mistakes... some of them have admitted that openly. But I have read literally ALL of the available information about Mamtek and believe that I might have fallen into the same trap as they if I had been in the same shoes. It is obvious that almost every negative comment on here has a grain of truth in it but also a lot of misassumption and gossip.
If you REALLY want to get to know what happened and who bears some of the blame, read the documents! Read the findings of the head of the investigative team headed by Jay Barnes.
http://barnesformissouri.com/ ...
"Did Moberly make mistakes? Absolutely. They committed too much money too quickly. But itís hard to blame them. They heard the promise of 600 jobs from DED and were told they had to move forward quickly. As a community of just 12,000 people they knew they didnít have the resources to investigate the validity of Mamtekís business model so they did the prudent thing: they hired experts to conduct due diligence and advise them that this was a good move for the city. Those experts didnít do their jobs."
"The NYT article cites to Standard & Poorís decision to downgrade the debt. But it was Standard & Poorís that rated the Mamtek bonds as investment grade material. Without S&Pís stamp of approval, the city would have never approved the bonds. Two years later, S&P and others say the bonds were backed solely on the credit of the city of Moberly. Our investigation revealed something else."
"Now, nearly a year after the deal went bust for good, the people of Moberly find themselves being maligned in the august pages of the New York Times by guys like Matt Fabian, who Iím sure is smarter than you and I put together and a nice guy if you get to know him, but who also spouts off without knowing the actual facts of a situation. His analysis is no better than the drive-by due diligence and rating efforts put forth by the bond underwriter and Standard & Poorís."
PLEASE do not fall into the same category as Fabian and be someone who just "spouts off without knowing the actual facts."
didn't have resources to investigate? the mirror did and tried to warn them and moberly councel made sure they were shut down.
schmucky

Moberly, MO

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#26
Sep 24, 2012
 
Another Moberly Citizen wrote:
I did definitely read the article, and I know it was discussed at the hearings. I do not remember reading anywhere in the papers where it became "evidence." The committee did draw attention to the articles and praise the editor for her investigative work. I don't know enough about the situation with Moberly telling business owners not to buy the paper, etc. It has all been gossip, and I tend to ignore that. What I am confident of is that Moberly felt they had properly vetted this company by hiring private contractors to do the leg work.
Believe me that I never "blindly listen to others"... and I do not believe that our leadership did that either. The guys I personally know are very intelligent men, and it is the COMMON, NORMAL way for small towns like ours to outsource the due diligence issues to private contractors. In this case, they did not do their job. One of these guys in fact said that he had been there and seen the company in operation... that he had held the Sucralose in his hands!
Am I saying nobody in our leadership is responsible for any of this? No. What I am saying is that it was a collective failure of many individuals.
and they should collectivly be held responsible.
Informed

Sedalia, MO

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#27
Sep 25, 2012
 
Patti wrote:
<quoted text>
First of all, the City Council and Mayor run for Office and are elected into their position. They get paid. They are not volunteers! Even volunteers on Boards and Committees are to adhere to laws and State statutes! They are legallly bound and can be held accountable if they do not adhere to the law.
Second, I am or have been on many Community Boards/Committees in the past. I knew that I could be legally liable for my votes, descisions and the money spent. I was very careful to have expenditures approved and signed off on. I was very careful to vote for the right of everyone and just not how everyone else voted or for my own personal gain.
What "inflamotory" things are people saying? Because I assure you, I have legal backup for ALL of my claims. If I am mistaken, then show me the facts and I will be glad to admit that I am wrong and retract whatever I have stated that is false.
I have also shown up to the City Council Meetings, lobbyed in Jeff City, written the Governor and my Reps and Sen. Have you? Doubt it.
So while I am unsure of what you comment "gowe some balls" means, let me assure you, I will be in Jeff City on Monday at the Capitol and the Federal Court House on Tueday in St.Louis. I am pretty sure that I will put my money, time and effort where my mouth is.
So I must ask, who is the "keyboard commando" now?
Oh, I almost forgot, I do not know who Moberly taxpayer is but let me tell you, this mess will raise our property taxes. Maybe you don't own a home but most of us do and we will be paying for this mistake. You may not understand what money is paying out of our pockets, but homeowners are paying. Our tax dollars pay for goods and services, which will be cut. If your roads aren't cleaned off this winter, its because there is not money to pay the street workers because the City is making payments on a LOAN that was taken out without US TAXPAYERS voting on it.
Thats ok, I bet Dept of Econ Development will just have a Christmas dinner at Lucky's on the taxpayer's dime and the Mayor and his office will too. Now, the City workers? Bet THEY will get shorted.
Your property taxxes only go up with assesment by the COUNTY officials or by a vote of the people. Again I challenge you to show proof that Mamtek has cost you anyting.
just sayin

Macon, MO

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#28
Sep 25, 2012
 
Informed wrote:
<quoted text>
Your property taxxes only go up with assesment by the COUNTY officials or by a vote of the people. Again I challenge you to show proof that Mamtek has cost you anyting.
Mamtek IS going to cost us, even though financially it hasn't hit all of our pockets yet. How about the families that up & sold everything to move to Moberly with promises of employment & then were stuck here because they got tied into leases or home loans and then just had to make the best of it? How about the fact that a few idiots make Moberly look as naive & ill educated as them from their actions? Next time Moberly needs something done, they aren't going to be able to rely on those same investors because they are the ones feeling the immediate financial loss. I know what you are saying, that the citizens who are mostly complaining likely haven't experienced a dent in their pockets whatsoever. However, there are a lot of emotional folks in the community over this, and rightly so. And believe it or not, a chunk of us still stand behind our community and feel the impact this is had, and will still attribute to future endeavors still needing accomplishment financially speaking.
Patti

Kansas City, MO

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#29
Sep 25, 2012
 
Informed wrote:
<quoted text>
Your property taxxes only go up with assesment by the COUNTY officials or by a vote of the people. Again I challenge you to show proof that Mamtek has cost you anyting.
Cities also vary as to what services they pay for with city revenues; trash collection and parks and recreation services in some cases are provided at city expense and in many cases are not. Most cities tax personal as well as real property.

Get that? In order to have the money to pay for this loan made to a "nice guy", a CIty can tax personal AS WELL AS real property. That means your car and your house can be taxed at a higher cost, increase costs charged for trash collection on your water bill and higher cost for all of the other services offered by the city, Meaning, instead of it costing you $25 to put your kid in ball at parks & REc, it increases to $35.....if a family has several kids, they may not be able to afford that.
POWER TO THE PEOPLE

Kansas City, MO

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#30
Sep 25, 2012
 
Informed wrote:
<quoted text>
Your property taxxes only go up with assesment by the COUNTY officials or by a vote of the people. Again I challenge you to show proof that Mamtek has cost you anyting.
That is not true. People in the County, only pay County taxes. People in the City, pay City taxes as well as County taxes. That is why people who live in the Country, may not care. But for those of us in the City, we care because it affects our CITY taxes paid on property.

Haven't you ever looked at your personal property bill? Oh......you may not own any property.
Informed

Sedalia, MO

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#31
Sep 26, 2012
 
POWER TO THE PEOPLE wrote:
<quoted text>
That is not true. People in the County, only pay County taxes. People in the City, pay City taxes as well as County taxes. That is why people who live in the Country, may not care. But for those of us in the City, we care because it affects our CITY taxes paid on property.
Haven't you ever looked at your personal property bill? Oh......you may not own any property.
And city taxxes are voted on by citizens of Moberly.

Im done. GTFOOM
Moberly Citizen

Kansas City, MO

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#32
Sep 26, 2012
 
Ex Hayes supporter wrote:
Your City Council, Mayor and Public school Board, all ask for and run for their position.
They ask to be a part of the process and ASK to have the position. So, if they do not do a good job or are acting illegally and irresponsibly, If they do not perform the due dilligence that they are to perform BY LAW, then so be it---hold them accountable.
I did not ask them to run. They wanted the position.
They knew what it paid or did not pay. And, they still ran for the position.
Now, when they behave professionally, I thank them for their service. But in this case, they get no Thanks.
Yes, the Council elects the Mayor. The Council can also vote him out as Mayor. Get his face out of the paper and off our Town's name. Don't they know that if they took him off as Mayor and elected another one, that people would be more willing to help Moberly.
No one has any respect for a town that has a Mayor that openly says " I thought he was a nice guy"......Do you know how stupid that made us look? Why do they let him be interviewed or qouted. The people I talked to were stunned that he would say that. Stunned that his excuse would be so lame. Stunned, stunned, stunned. Of course, after a few cold ones, it was the "comment of the evening". Too funny!
They are walking up to each other saying "can I have the keys to your house, I am a really nice guy" "Can I have be put on your 401K, I am a really nice guy" "Can loan me your life savings, I am a really nice guy". Lawyers/business people with a few drinks, I bet were having a good time!
I know. I could not believe that he said that either
just sayin

Macon, MO

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#33
Sep 26, 2012
 
Informed wrote:
<quoted text>
And city taxxes are voted on by citizens of Moberly.
Im done. GTFOOM
Not completely true. Some taxes can be voted on by the councilmen and passed. Same council that said "go for it" on the Mamtek deal. Hope that helps us all sleep better tonight.
Patti

Kansas City, MO

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#34
Sep 27, 2012
 
just sayin wrote:
<quoted text>Not completely true. Some taxes can be voted on by the councilmen and passed. Same council that said "go for it" on the Mamtek deal. Hope that helps us all sleep better tonight.
I think that is my upset about the whole thing. The Council would not let Moberly Citizens vote on this deal. Its a shame really. They just keep skirting around the law, side stepping the law and finding ways to bend to their benefit so they can make all of the decisions. And then when it all falls apart, they say IT WAS NOT THEIR FAULT!

1. But they did not let US vote on it, so its not our fault.
2. Mr.Cole is not a Citizen of Moberly , so he does not have an our best interest at heart, so it not his fault we got screwed by our Councilman.
3. The Banks just took the numbers Moberly gve them, so its not the banks fault
4. Riley & Morris visted China, no one paid for us to go over there, so its not our fault

No one will take resposibility for this. EVER.
just sayin

Macon, MO

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#35
Sep 27, 2012
 
Patti wrote:
<quoted text>
I think that is my upset about the whole thing. The Council would not let Moberly Citizens vote on this deal. Its a shame really. They just keep skirting around the law, side stepping the law and finding ways to bend to their benefit so they can make all of the decisions. And then when it all falls apart, they say IT WAS NOT THEIR FAULT!
1. But they did not let US vote on it, so its not our fault.
2. Mr.Cole is not a Citizen of Moberly , so he does not have an our best interest at heart, so it not his fault we got screwed by our Councilman.
3. The Banks just took the numbers Moberly gve them, so its not the banks fault
4. Riley & Morris visted China, no one paid for us to go over there, so its not our fault
No one will take resposibility for this. EVER.
You know, the sad part about what you said is that you are right in that they will never own up to it and accept blame. It's always about "we were fooled". How about them just saying, "we're sorry, we made a huge mistake"? If half of them were the equivalent of what I would call "regular" citizens of the community, they would face more consequences.
Patti

Kansas City, MO

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#36
Oct 31, 2012
 
Informed wrote:
<quoted text>
Your property taxxes only go up with assesment by the COUNTY officials or by a vote of the people. Again I challenge you to show proof that Mamtek has cost you anyting.
Ok, you challenged me. Water has gone up. Trashbags have gone up.
I am guestimating that your roads will not be cleared very often this winter.

I will be back in touch with you when I find out more services are cut because we are paying on a loan to a scam artist.

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