Friday, May 27, 2005

CoinGate

I don't remember if we've covered this before, I think we may have mentioned it but I'm too lazy to check the archives...

Background: Apparently some idiot thought it would be a good idea for the state of Ohio to invest in rare coins. A good deal of those coins are now missing. Democrats are blaming Republicans.

Yahoo News Alert:
COLUMBUS, Ohio (AP) Gov. Bob Taft says the director of Ohio's workers' compensation bureau is resigning amid an investigation into millions of dollars missing from a rare coin investment fund.
Will it be enough? Hardly...Democrats are trying to smear top Republicans with this. Gubernatorial candidates Betty Montgomery (State Auditor) and Jim Petro (State Treasurer) certainly can take a hit from this, but Democrats are trying their hardest to smack Ken Blackwell (Sec. of State) with it as well.

This one won't be going away just because some guy resigned...Democrats smell blood.

1:00PM Update

More on the CoinGate resignation from ONN here.

Mark's Remarks


Montgomery and Petro SHOULD take a hit from this, unless the Ohio GOP leadership (which they will, if their Political director is any indication)pulls a super spin move. Montgomery is the Treasurer, in charge of like, the FINANCES AND GETTING MONEY. Petro is like the auditor or something, or the guy who makes sure the books are balanced and the stuff is accounted for....

So how is it Blackwell's fault? The Secretary of State's main duty is to regulate the elections, which Blackwell did a fine job of doing under harsh circumstances. He is also supposed to get out the vote and certify the elections. He is NOT in charge of financing. That would be RINOs Petro and Montgomery. Of course, the spin doctors in Columbus will come up with something. How irritating!

Update

More WMD coverage of CoinGate here and here.