La ferme pue pire que la route putes un vagin: “The distinction between past, present, and future is only a stubbornly persistent illusion” Part 3 Fin.

There is a way to look at the past. Don’t hide from it. It will not catch you–if you don’t repeat it

From Rural Delivery Magazine, March 2002 continued: (Part 1, Part 2)

The American partners had purchased nearly 200 acres of property west of the Tobeatic Wilderness protected area for their newest venture called Trout Point Lodge. The main lodge, a 3-story log cabin with 10 guest rooms, is assessed at $615,000. Leary told Rural Delivery that he and his partners spent more than $2 million on the venture which includes a mezzanine library, dining room, and two bars. The company planned to market directly to Americans seeking to combine a vacation with culinary instruction.

The July meeting seemed to be an opportunity for La Ferme d’ Acadie to regain ACOA’s confidence. It might have worked. But an unsigned and undated memo prepared after the meeting points out that Leary failed to mention a fairly significant detail…….

The incompetence at ACOA is stunning. Locally in Jefferson Parish you commonly see elected officials claim ignorance or incompetence as a reason the taxpayers are fleeced via scams like the Jefferson Parish canal bottoms scandal or the ongoing saga of the Performing Arts Center.  I can’t judge whether the bungling in Nova Scotia is willful as I and many others such as our own Gambitman suggest is the case in the Performing Arts Center debacle but the end result for the taxpayers is the same either way. In the case of Leary and ACOA the detail he failed to mention was the cheese plant was in the process of being sold as we continue: Continue reading “La ferme pue pire que la route putes un vagin: “The distinction between past, present, and future is only a stubbornly persistent illusion” Part 3 Fin.”

La ferme pue pire que la route putes un vagin: “The distinction between past, present, and future is only a stubbornly persistent illusion” Part 2

No man is rich enough to buy back his past.

From Rural Delivery Magazine, March 2002 continued:

The Agency pointed out the time to begin repayment was at hand. But documents reveal this was a problem for the company. Within days ACOA received a request from the company to change its repayment schedule. The requested changes are unclear because ACOA officials chose to sever the document, meaning ACOA would not release the reasons for the requested amendments nor would they release the new repayment schedule. But by October 18, documents show that ACOA account manager John Beeston complied with the company’s request and amended the amount it was required to pay each month.

Signs of Trouble
An internal ACOA e-mail from Simon d’Entremont to Beeston dated April 17, 2000, provides the first sign that La Ferme d’ Acadie was facing serious problems. D’Entremont wrote: “I spoke to Charles Leary this morning. I’ve asked for current financials. After I see them, I’ll be going over to visit the site and discuss his problems with him. I’ll let you know what I come up with.”

On May 5, d’Entremont drove to Chebogue Point for the scheduled meeting. But company officials did not show up. Instead, d’Entremont found an apparently abandoned property with a for sale sign posted on it. Just 11 months after opening their doors and after federal investments and tax credits totaling more than $150,000, La Ferme d’ Acadie was effectively out of business. Continue reading “La ferme pue pire que la route putes un vagin: “The distinction between past, present, and future is only a stubbornly persistent illusion” Part 2″

La ferme pue pire que la route putes un vagin: “The distinction between past, present, and future is only a stubbornly persistent illusion” Part 1.

The past is a foreign country; they do things differently there.

From Rural Delivery Magazine, March 2002:

Some deals just smell like aged Roquefort
ACOA taking action to recover funds
By Shawn Fuller

The federal government’s Atlantic Canada Opportunities Agency (ACOA) is taking action to recover money loaned interest-free to Americans who created great hopes and little else in the Nova Scotia farm community three years ago.

La Ferme d’Acadie, the Yarmouth N.S. based cheese manufacturing plant started in 1999 with much fanfare and a substantial injection of public money is closed and ACOA is scrambling for repayment of a no-interest loan in excess of $100,000.

Collapse of the cheese plant has left behind a trail of angry and confused milk producers. Rural Delivery has now learned the quick demise of the company created just as much confusion within ACOA. Continue reading “La ferme pue pire que la route putes un vagin: “The distinction between past, present, and future is only a stubbornly persistent illusion” Part 1.”