First there were Norm Coleman’s webmasters thinking it was a smart idea to store full credit card information and other data on Norm’s donors on an unsecured website. (Oh, by the way: In 2007, Norm sponsored legislation that, if it had passed, would have made this a Federal offense. Lucky for him it didn’t pass.)
Then there was the RNC’s stiffing their vendors — including longtime Republican ones — on the bills for the Tear-Gas Frolic in St. Paul last summer.
Then there was Michele Bachmann spewing nonsensical lies about The Coming One World 666 Currency. (That is, when she wasn’t spewing even worse lies about cap-and-trade.)
Now we find out that Congresscritter Joe Barton (R-Texas) thought that the stock market was better than a bank when it came to being a place to park one’s campaign cash. That thought wound up costing him $700,000 last year.
What was that again about Republicans being good with money?



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This is priceless PW,
What a bunch of elephant asses.
Whoever is in charge of Barton’s campaign committee should be locked up. That story needs more MSM attention
And the Republican are “Fiscal Conservatives” and believe in “Small Government”.
Which means cutting taxes for the rich and transferring wealth from poor to rich through deficit spending (follow the intrest payment, who pays, who receive the interest).
And you though that “Fiscal Conservative” meant “blanced budgets”…
And “Small Government” means “No Consumer Protection through No Regulation” and “Huge Contracts for Us”…
Love the graphic. It definitely pays to be in front of those idiots to catch the money they spew instead of what comes out the other end…
Our GOP/Media Complex isn’t particularly interested. They’d rather go into vapors about Michelle Obama’s returning QEII’s friendly touch on the back.
Fifteen minutes with Microsoft Paint, Jim. Strictly amateur hour on my part, but thanks!
Lets not forget about the “investments” made by the federal retirement fund under bushco.
You know, at our house, people who couldn’t handle their money were put on an allowance. If they spent it before the week was out, they received a less on on ‘living within your means’. Is what Barton did with his campaign money actually legal? Is it really ‘his’ money?
Sadly, I think they can do just about anything with their campaign money they want. My Rethug congresscritter openly refers to his campaign fund as his retirement fund.
Good Morning Phoenix Woman and Firedogs -
on a related note:
picked this up over at FB – Pam Spalding posts about Concerned Women for America’s failing financials
anecdotal signs out there that this is going on in lots of branches of Winguttia – did everyone see NRO cut their subscription rate in half ?
this dfh likes the thought that the annointed ones at the top will start culling the herd:
Rich Lowry: “Jonah, K-lo, we so appreciate your contributions to date, but to maintain
my gated community standard of living,operational liquidity, the Organization has decided to make a change . . .”ahhhh, Reporting Season . . . schadenfreudlicious !
Hey PW: This is first-rate stuff.
Now let me see if I understand this:
I store my credit card info in an unsecured, electronic environment so the info is handy whenever I need it. I use said card to charge big purchases in the stock market. When the bill comes due, I use my 666 currency to pay down the balance. And if I don’t like the charges, I just stiff the vendors.
I’m starting to get the hang of this whole Repug way of managing money.
cbl2: Yup, and this is hitting just after the last of the Olin Foundation funds were dispersed. Without the granddaddy Olin Foundation to prop them up, a lot of wingnut sheltered workshops and pundit hatcheries are having tough going.
Would-be right-wing sugar daddy Sheldon Adelson’s casino empire’s taking a huge hit, and though he’s still technically worth a few billion on paper, he must not have much in the way of ready cash as he’s failed to spend more than a few million of the promised $250 million he claimed he was coughing up for Ari Fleischer’s “Freedom’s Watch” group.
Someone should call a IG convention to see how well oversaw finances during the the last eight years.
Re: Barton
It is legal for lawmakers to invest campaign money, and House conflict-of-interest rules do not apply to campaign holdings.
Well of course it is. What could go wrong?
The four companies in which Barton holds stock all have interests before the Energy and Commerce Committee, where Barton was chairman before the Democratic takeover of the House in 2007.
Oh. Well yeah, *that* could happen.
I gotta say that I’m continually amazed at the amount of stuff that would land one’s ass in jail, were it not for the “Hey – I’m a Congressman!” defense.
btw – just so ya’s know . . . couple other insufferable Texas Republics: Hensarling and Culberson went in to primary season in “safe districts” but polling slipped as the season went on – and both had to find last minute, rather large infusions of cash – don’t think Barton will be the last to report financial bad news
Hensarling was on c-span a couple of weeks ago complaigning that the cost for running congress had gone up 11%. This was after rethug congresscriters insisted that they be allowed to maintain the same overall staff numbers after losing 20% of their members. Good grasp there fella./s
Would-be right-wing sugar daddy Sheldon Adelson’s…failed to spend more than a few million of the promised $250 million he claimed he was coughing up for Ari Fleischer’s “Freedom’s Watch” group.
Could it have been a light-bulb-comes-on moment – as in “ya know, that Fleischer guy has a little too much insane-douchebag about him for even my tastes…”?
Electric power lines have probably degraded.
At one time, politicians could convert unspent campaign funds to personal use upon retirement but I believe the law was changed to stop that practice back in the early ’90s.
Not that a little old thing like “the law” could ever stop any of these a**hats.
Surely some family member could set up a company and send out some bills. See Michael Steele.
Doubt it — Adelson is (or was) also a big funder of the Israeli right wing and the neocons in general. 9/11 just made him crazier.
http://www.instantrimshot.com
and this is different from John Aravosis at Americablog censoring an opinion about whining for donations from deep pocket progressive organizations how? We’re all eating our own. All it takes is one disagreement to set them off.
Jane’s up with reminder:
Bank Protests Today — 2PM ET/11AM PT
I just keep thinking of Molly Ivins’ description of Texas: “The National Laboratory for Bad Government”.
One problem is that the righty funding network is a good deal stronger than ours. The conservatives historically have made sure that their key pundits and authors and other folk are quite well reimbursed. (David Brock, the former right-wing author who reformed and now runs Media Matters, explains how he was once given a check for $2 million for a book he had yet to write, simply because it was expected of him that what he did write would be a vicious anti-liberal hit piece.) In fact, they make a point of growing their own pundits from the ground up in “think tanks” that serve both as pundit hatcheries and as sheltered workshops once the pundits are in their adult forms. We don’t have anything close to that level of organization — or funding — on the lefty side.
Republicans are good with money…
…with stealing money. None of your examples disprove that. Losing other people’s money, losing your money, does not count against that reputation, because other people, which means you, are life’s designated losers. Losing your money is a feature, not a bug, of their advertised expertise.
Sure do miss that lady.
No wonder our federal budget went to shit while the GOP was in charge. Hand them a surplus, and what do they do?? Piss it all away and destroy the economy and the financial system at the same time. Heckuva job, George.
At least he alone-among all the rethugs-put his money where his mouth and his beliefs were. Can’t say that about any other rethug, can you? Of course, they only wanted to put YOUR money-SS anyone-into the stock mkt, not theirs.
Whether or not they should be locked up or given the Presidential Medal of Freedom depends on your viewpoint. Me, I would at least give the guy a MacDonald’s gift certificate.
I interpreted the [awesome] graphic to be the Republicans sucking up [rather than spewing out] all the world’s money. Same result at the other end, though.
Oh please. You’ve been whining about this [”I’ve been banned at . . . because of my criticism . . “] on thread after thread.
I’m not feeding you any more, troll.