Tuesday, October 11, 2005

Ohio GOP Corruption Case

The inquiry into the coins for cash case in Ohio is continuing. It looks like that there was indeed money laundered from the Workers Comp fund managed by Republican fundraiser, Tom Noe, into GOP campaign coffers of state and federal candidates, including President Bush.

COLUMBUS — Tom Noe often transferred tens of thousands of dollars from the Ohio rare-coin funds he managed to his personal business before bankrolling Republican candidates and causes with contributions and loans.

A Blade examination of the accounting records from Mr. NoeÂ’s $50 million rare-coin venture shows a pattern of large sums of money moving from the coin funds to his personal business, Vintage Coins and Collectibles, in the days and weeks before the coin dealer and his wife, Bernadette, made contributions to Republican candidates ranging from President Bush to U.S. Sen. George Voinovich and Gov. Bob Taft down to Lucas County Auditor Larry Kaczala.

In related news, it looks like a reporter close to the Republican party knew about the dirty dealings prior to the 2004 election, but decided to sit on the story.

According to several knowledgeable sources, The Blade's chief political columnist, Fritz Wenzel, was told of potential campaign violations by Tom Noe, chair of the Bush-Cheney 2004 campaign for Lucas County, as early as January 2004. But according to Blade editors, Wenzel never gave the paper the all-important tip in early 2004.

We are still waiting to find out how much was funneled into the Republican party, but either way, it has sunk the GOP Govenors career for good.


MaxedOutMama said...

It sure sounds like a payoff for lack of scrutiny, doesn't it?

Anyone who was involved not only deserves to lose elections, but should be the focus a pretty determined criminal investigation. Not only is this extraordinarily corrupt, stealing from a pension fund adds a new level of criminality (IMO).

I know that such things happen, but I always find the people who do this beyond fathoming.

Dingo said...

I don't contend that most of the GOP condidates knew where the money was coming from or that it was dirty money. But the govenor definatley left scrutiny by the wayside as you suggest.