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View Diary: FALSE: Harry Reid conspired to screw over innocent Bundy Ranch for personal profit (58 comments)

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  •  No, the $1M is mostly for unpaid grazing rights. (8+ / 0-)

    The legal minimum cost per head is $1.35/mo. At 1000 head over 20 years that's $1350/mo, total $324K.

    Mind, that's the legal minimum. The actual cost is substantially more.

    Add a paltry 3% interest compoundedover 20 years, and you get just under 444K.

    Again, that's the dead minimum.

    BTW, Glennnnnn Pecker-Beck is quoting that $1.35/head/month, so you know it's low-ball. (Google him yourself, I'm not linking to that shyte.)

    It's quite possible this guy would owe several million if the BLM pushed the numbers hard.

    "What could BPossibly go wrong??" -RLMiller "God is just pretend." - eru

    by nosleep4u on Tue Apr 15, 2014 at 05:19:46 PM PDT

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