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Nice Concept, But…

Read all about it: Florida to sign massive sugar, Everglades deal

WELLINGTON, Fla. – U.S. Sugar Corp., the nation’s largest producer of cane sugar, would go out of business in a $1.75 billion deal to sell its nearly 300 square miles of land to Florida for Everglades restoration, the company and the state’s governor said Tuesday.

Under the deal, announced at a news conference with Gov. Charlie Crist and company representatives, the state would buy U.S. Sugar’s holdings in the Everglades south of Lake Okeechobee, the virtual heart of the ecosystem.

Crist said the deal is “as monumental as the creation of our nation’s first national park, Yellowstone.”

“This represents, if we’re successful, and I believe we will be, the largest conservation purchase in the history of the state of Florida,” Crist said.

Now, we get to the details – money. Florida is broke. The Republicans have cut every tax they can find until we can’t afford a government, and Charlie signs a deal for almost $2 gigabucks that we don’t have, and aren’t likely to have in the foreseeable future.

It would be nice. A lot of things would be nice, but you have to have the money to pay for them, and bonds are not going to cut it.

2 comments

1 Fallenmonk { 06.24.08 at 8:36 pm }

The GOP has financed a $500 billion war on Visa surely you guys can put the Everglades on plastic. Then again you probably can’t even make the minimum monthly payment after so many years of GOP management. Shame as it would be a good thing.

2 Bryan { 06.24.08 at 9:08 pm }

It would be a wonderful thing and we really need it as it would solve a lot of environmental problems, but we really do not have the money. With the housing market in collapse, the tourist industry hit by high gas prices, and agriculture dealing with the salmonella problem, I don’t see a increase in revenues in the horizon.