Big Ol' Smitty 0 Report post Posted April 10, 2005 Ohio agency sinks millions into rare coins State gives investment business to prominent local Republican By MIKE WILKINSON and JAMES DREW BLADE STAFF WRITERS Since 1998, Ohio has invested millions of dollars in the unregulated world of rare coins, buying nickels, dimes, and pennies. Controlling the money for the state? Prominent local Republican and coin dealer Tom Noe, whose firm made more than $1 million off the deal last year alone. The agreement to invest the money in rare coins is rare itself: The Blade could find no other instance of a state government investing in a rare coin fund. Neither the state nor Mr. Noe could provide one. "I don't think I'd be excited to invest in rare coins," Vermont Treasurer Mike Ablowich said. "It's a little unusual." The Ohio Bureau of Workers' Compensation has continued to be the sole investor in Mr. Noe's Capital Coin funds despite strong concerns raised by an auditor with the bureau about possible conflicts of interest and whether the state's millions were adequately protected. And the state has maintained its stake in Capital Coin despite documented problems: Two coins worth roughly $300,000 were lost in the mail in 2003. The firm has written off $850,000 in debt over the last three years to cover a failed business relationship. Mr. Noe has loaned some of the state's money to a local real estate business that buys and sells central-city homes. A state auditor could not find documents to prove if the loans were sufficiently covered by the value of real estate that a Capital Coin subsidiary held as collateral. More at http://www.toledoblade.com/apps/pbcs.dll/a...EWS24/504030349 Share this post Link to post Share on other sites
SuperJerk 0 Report post Posted April 10, 2005 Just because one person who claims to support an ideology is a liar/hypocrite doesn't mean that everyone who claims to support said ideology is a liar/hypocrite. No offense, but if your point was that this news somehow invalidates conservatism as an ideology, you're employing some very Coulter-esque logic. Share this post Link to post Share on other sites
kkktookmybabyaway 0 Report post Posted April 10, 2005 If you expect me to defend anything "fiscally conservative" Republicans do nowadays, you'll be in for quite a wait. But to make this thread somewhat worthwhile, I just want people to know the Toledo Blade is owned by the same commie lib that owns the Pittsburgh Post-Gazette. Just a bit of trivia for my TSM brethren... Share this post Link to post Share on other sites
Big Ol' Smitty 0 Report post Posted April 10, 2005 Just because one person who claims to support an ideology is a liar/hypocrite doesn't mean that everyone who claims to support said ideology is a liar/hypocrite. No offense, but if your point was that this news somehow invalidates conservatism as an ideology, you're employing some very Coulter-esque logic. Wasn't my point at all. I just thought it was kind of a funny & weird story and I actually hit enter before putting a silly subtitle. Share this post Link to post Share on other sites
Guest MikeSC Report post Posted April 10, 2005 So, is the UN Oil-For-Food scandal "fiscal liberalism" or "fiscal progressivism" at work? -=Mike Share this post Link to post Share on other sites
SuperJerk 0 Report post Posted April 10, 2005 So, is the UN Oil-For-Food scandal "fiscal liberalism" or "fiscal progressivism" at work? -=Mike Just because one person who claims to support an ideology is a liar/hypocrite doesn't mean that everyone who claims to support said ideology is a liar/hypocrite. No offense, but if your point was that this news somehow invalidates liberalism as an ideology, you're employing some very Coulter-esque logic. RobotJerk = fair and balanced. Share this post Link to post Share on other sites
Guest MikeSC Report post Posted April 10, 2005 So, is the UN Oil-For-Food scandal "fiscal liberalism" or "fiscal progressivism" at work? -=Mike Just because one person who claims to support an ideology is a liar/hypocrite doesn't mean that everyone who claims to support said ideology is a liar/hypocrite. No offense, but if your point was that this news somehow invalidates liberalism as an ideology, you're employing some very Coulter-esque logic. RobotJerk = fair and balanced. That was the reason I made the comparison. Graft is graft. It knows no specific ideology. -=Mike Share this post Link to post Share on other sites
kkktookmybabyaway 0 Report post Posted April 10, 2005 Liberals are fiscal -- they don't spend their money... Share this post Link to post Share on other sites
Big Ol' Smitty 0 Report post Posted April 10, 2005 Liberals are fiscal -- they don't spend their money... Liberals are "involving financial matters"? Share this post Link to post Share on other sites
The Czech Republic 0 Report post Posted April 10, 2005 I think he meant frugal. Share this post Link to post Share on other sites
CheesalaIsGood 0 Report post Posted April 11, 2005 Liberals are fiscal -- they don't spend their money... They don't spend MY money either. I'm a tax cheat. Share this post Link to post Share on other sites
Guest Cerebus Report post Posted April 11, 2005 gj n00b Share this post Link to post Share on other sites
kkktookmybabyaway 0 Report post Posted April 11, 2005 I think he meant frugal. Bah, you hippies knew what I meant. They don't spend MY money either. I'm a tax cheat. *this thread has been sent to John Ashcroft and pals... Share this post Link to post Share on other sites
SuperJerk 0 Report post Posted April 11, 2005 Someone forgot to tell KKK that Ashcroft retired. And that his space craft exploded on its way back to his homeworld. Share this post Link to post Share on other sites
kkktookmybabyaway 0 Report post Posted April 11, 2005 Someone forgot to tell KKK that Ashcroft retired. That's what The Man wants you to know -- that Ashcroft retired and some Mexican took his place, or, in Ripper-speak, DAY TURK ER JOB (or however the hell that South Park line went...) Share this post Link to post Share on other sites
