Ohio GOP's "Coin-Gate" Scandal Grows and Grows

[donsu]

http://americablog.blogspot.com/2005/05/ohio-gops-coin-gate-scandal-grows-and.html

Last month, Americablog posted an article from the Toledo Blade detailing how the State's Workers Compensation Fund had invested $50 million in rare coins. That story raised serious issues about how the Ohio GOP was handling public dollars. Rare coins are a risky investment.

-snip-

You may also recall how GOP Candidate for Governor/Secretary of State Ken Blackwell had no problem with this kind of risky investment:

-snip- (this snip holds Blackwell's for shit statement)

-and now coins are missing-

The number of missing rare coins purchased with state money controlled by local Republican fund-raiser Tom Noe now totals 121, documents obtained by The Blade show.

An accounting firm hired to check the inventory of rare coins purchased by Mr. Noe or his associates for the state found last year that not only were the coins missing, but 119 coins were possibly stolen by a Colorado coin dealer, according to a 2004 audit report released last week.

Mr. Noe hired the dealer to run a coin subsidiary funded with money from the Ohio Bureau of Workers' Compensation, the agency charged with paying the medical bills and providing income to workers injured on the job.

The 119 missing coins are in addition to two coins worth $300,000 owned by the state that were lost in the mail in 2003, confirmed Jeremy Jackson, press secretary for the Ohio Bureau of Workers' Compensation.

The state doesn't know what happened to any of the coins, Mr. Jackson said.
-snip-
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Ohio is a crime scene

[zbdent]

1. Gee, and a while back, the Repukes were up in arms over

the purported "stealing of signatures" from historic documents . . . supposedly by "Clinton" appointees.

Wonder if they were stolen by Repuke operatives . . .

[FreedomAngel82]

4. Wouldn't surprise me

I wouldn't be surprised if that was the case and they could blame Clinton. :eyes: I feel so bad for that guy. He has to put up with all that bullshit.

[elehhhhna]

2. Thank GOD they didn't invest "in pieces of paper in filing cabinets" !!!

"lost in the mail"? Does one not insure 300K in coins when mailing them? Right.

[FreedomAngel82]

3. Howard Dean was right

You can't trust republicans with your money.

[bleedingheart]

5. There was a Law and Order episode like this...

A blowhard starts telling people that he has these famed "cleopatra" coins. He even gets them insured...and meanwhile...no one has seen them.

Then the daughter of a Holocaust survivor shows up and wants to see these coins because they were her dad's before WWII and they were stolen by the nazis..

She kills some guy and the blowhard gets the insurance because they think she stole them....or something to that effect..until the discover that he never had them in the first place.

[DebbieCDC]

6. Law & Order

I remember that episode. I think Karen Allen was the survivor's daughter, all guilt-tripped out over the state of the world, etc. Wouldn't surprise me a bit if Noe is pulling a huge scam on the Buckeye State. Serves them right. I'm ashamed to say it WAS my home state, but no longer. I don't acknowledge living there for the first 20 or so years of my lif.

[SoCalDem]

7. Damn.. If only they had bought the magic beans, they would at least

have a beanstalk by now :eyes:

[Straight Shooter]

8. Has anyone asked to see Jiffy-Lube Jeff Gannon's coin collection?

I'm just askin' :shrug:

[paineinthearse]

9. Who's up for doing some research

Look at campaign contributions by Jeremy Jackson, bet he is a rethug tied to Blackwell.