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Bush Returning Funds From Coin Dealer
mrearlygold
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Bush Returning Funds From Coin Dealer
CRAWFORD, Texas - President Bush is returning $4,000 in campaign contributions from an Ohio coin dealer who is the subject of state and federal investigations, the White House said Friday.
Tom Noe, who is from suburban Toledo, is under investigation for his handling of $55 million the Ohio Bureau of Workers' Compensation gave to him to invest in rare coins. Noe's lawyer has reported that $10 million to $12 million is missing.
"I think that there are some serious allegations that have been raised against this individual," White House press secretary Scott McClellan said in Texas while Bush spent time at his ranch.
"They have raised concerns with people in Ohio. They have raised concerns with the White House. And the president felt it was the right thing to return those contributions that came directly from him," McClellan said.
Aaron McLear, a spokesman for the Republican National Committee, said Thursday that the $2,000 donated by Noe to the RNC will be given to charity. McLear added that Bush has no immediate plans to return more than $100,000 Noe raised for the Bush-Cheney campaign last year.
"Those are from other individuals," McClellan said. "In the past, I think, the campaign — if you'll go back and look — has returned contributions from individuals that maybe have been convicted of crimes, and so forth."
Ohio Gov. Bob Taft, three other statewide officeholders, several House lawmakers and Sen. Mike DeWine (news, bio, voting record) also said they were giving up campaign contributions from Noe totaling nearly $60,000. Many of the officials designated charities or a workers' compensation fund to receive the money.
Meanwhile, a former governor's aide has told federal authorities that he gave $2,000 to Bush's re-election campaign at the urging of Noe and was later reimbursed by the coin dealer, a newspaper reported Friday.
H. Douglas Talbott appeared this week before a federal grand jury in Toledo that is looking into whether Noe, who headed the Bush-Cheney campaign in northwest Ohio, skirted campaign finance laws by giving others money to donate, according to a report published in The Plain Dealer in Cleveland.
Noe also contributed $10,000 to a fund supporting California Gov. Arnold Schwarzenegger's legislative priorities. "Allegations about Mr. Noe became public a year after we accepted his contribution," Marty Wilson, executive director of the fund, said Friday, and Schwarzenegger has no plans to return the donation.
CRAWFORD, Texas - President Bush is returning $4,000 in campaign contributions from an Ohio coin dealer who is the subject of state and federal investigations, the White House said Friday.
Tom Noe, who is from suburban Toledo, is under investigation for his handling of $55 million the Ohio Bureau of Workers' Compensation gave to him to invest in rare coins. Noe's lawyer has reported that $10 million to $12 million is missing.
"I think that there are some serious allegations that have been raised against this individual," White House press secretary Scott McClellan said in Texas while Bush spent time at his ranch.
"They have raised concerns with people in Ohio. They have raised concerns with the White House. And the president felt it was the right thing to return those contributions that came directly from him," McClellan said.
Aaron McLear, a spokesman for the Republican National Committee, said Thursday that the $2,000 donated by Noe to the RNC will be given to charity. McLear added that Bush has no immediate plans to return more than $100,000 Noe raised for the Bush-Cheney campaign last year.
"Those are from other individuals," McClellan said. "In the past, I think, the campaign — if you'll go back and look — has returned contributions from individuals that maybe have been convicted of crimes, and so forth."
Ohio Gov. Bob Taft, three other statewide officeholders, several House lawmakers and Sen. Mike DeWine (news, bio, voting record) also said they were giving up campaign contributions from Noe totaling nearly $60,000. Many of the officials designated charities or a workers' compensation fund to receive the money.
Meanwhile, a former governor's aide has told federal authorities that he gave $2,000 to Bush's re-election campaign at the urging of Noe and was later reimbursed by the coin dealer, a newspaper reported Friday.
H. Douglas Talbott appeared this week before a federal grand jury in Toledo that is looking into whether Noe, who headed the Bush-Cheney campaign in northwest Ohio, skirted campaign finance laws by giving others money to donate, according to a report published in The Plain Dealer in Cleveland.
Noe also contributed $10,000 to a fund supporting California Gov. Arnold Schwarzenegger's legislative priorities. "Allegations about Mr. Noe became public a year after we accepted his contribution," Marty Wilson, executive director of the fund, said Friday, and Schwarzenegger has no plans to return the donation.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
0
Comments
roadrunner
the ball of yarn is starting to unravel...........................
That's an interesting image. I had no idea blackhawk was a liar.
Russ, NCNE
Had Noe been responsible for giving say $1 MILL to the presidential campaign.....you know darn well that would not have been given back. This small amount was just chump change to the 'pubs.
It underlies the big problem...this president caters to crooks and cads.
On this point Blackhawk I might disagree. It could also mean that crooks and cads cater to the President. Think about it.
roadrunner
<< <i>Glenn,
That's an interesting image. I had no idea blackhawk was a liar.
Russ, NCNE >>
Read my sig
<< <i> The next 5-10 years will be very difficult and much of it will have come from Bush's misguided economic and financial policies....in particular the action of the FED.
roadrunner >>
Every President has fallout after their administartion ends. Look at Clintons wondeful years. Yeah it was a great economy but now we are dealing with Terrorism which he really dropped the ball on. This is his 5-10 years right now.
Cameron Kiefer
Bud Conrad article on deficits
And by the way, this is an excellent article on the various deficits.
****At least look at the charts, they are mind blowing. ****
Looks like we've had 4 years of fallout so far since the last president left. How much longer should a fallout last after swapping presidents? I would conjecture we have 4 more years of fallouts until the next president takes over. Whether we address these issues after 2009 remains to be seen. It will be rising deficits as usual until 2009. Bottom line is that electorate is no longer conditioned to think anything but good things with our economy.
No one thinks that any pre-1982 financial/economic history could ever repeat. In one sense that is true since dropping the gold standard in the 1970's. The world only has 34 years of pure-fiat history. That's very little history to fall back on.
roadrunner
i cant recall if bush ever returned all the campaign funds from ken lay and enron though..i guess that may have been too much money to give back for a pr stunt
<< <i>Glenn,
That's an interesting image. >>
should've been saved as a GIF
I was under the impression it was Congress
<< <i>interesting and typical pointless publicity stunt by bush and his administration to appear to distance himself from the bad guys by returning dirty money..whos kidding who bush..not 100% of americans are dumb farm animals you know..and see right through your little pr schemes
i cant recall if bush ever returned all the campaign funds from ken lay and enron though..i guess that may have been too much money to give back for a pr stunt
Geez, it's bad when Bush returns the donations, it's bad when he keeps them.
With a republican held congress and a republican president, EVERY spending bill went through from 2001-2004. He didn't veto even one. Bush has much to do with what is going on. Taking on a war in Iraq (soon to add Iran) has added more to the deficits, solely Bush's idea. Same for the war on "terrorism." The creation of the Homeland Security Branch and the continued growth of govt (one of the few sectors in the "economy" that is growing....lol) Bush deserves much of the credit plus he isn't doing anything except to make it worse. Kerry may have done no better, but for now, it's GW's dance and "you have to dance with the one you brung" (S. Snead).
Geez, it's bad when Bush returns the donations, it's bad when he keeps them. .........exactly....Bush is just plain bad.
roadrunner
<< <i>With a republican held congress and a republican president, EVERY spending bill went through from 2001-2004. He didn't veto even one. Bush has much to do with what is going on. >>
At least he isn't spending the money on welfare programs
I missed the news from this last week where Arthur Anderson as a firm had the previous Enron ruling overturned unanimously by the US Supreme Court.
roadrunner
that's a LAUGH.
<< <i>and I suppose we'd be SO much better off if John F'N Kerry had "reported for duty".
that's a LAUGH. >>
At least then the world would have agreed to us doing smoething
Noe may indeed be guilty of something, but at this point it doesn't matter.
When we are planning for posterity, we ought to remember that virtue is not hereditary.
Thomas Paine
Plans that he could never explain but were also inexplicably never on his website as he preached.
if that's the best the Dems got, they better shove a booze bottle up Teddy Kennedy's arse for an IV and get him primed for 'O8.
<< <i>if that's the best the Dems got, they better shove a booze bottle up Teddy Kennedy's arse for an IV and get him primed for 'O8. >>
ROFLAO
Chappaquiddick was a splash.....
Man those times were great.
Gimme tons of liberal cash....
and I'll be your puppet in '08.
Act now.....contribute 2,000 and get 3 free swimming lessons! contribute 10,000 or more and you will receive advice on how to get your butt out of any jam, including murder! Free neckbrace for the first 100 contributors.
<< <i>I can see the slogans now....
Chappaquiddick was a splash.....
Man those times were great.
Gimme tons of liberal cash....
So I can be your puppet in '08. >>
<< <i>I can see the slogans now....
Chappaquiddick was a splash.....
Man those times were great.
Gimme tons of liberal cash....
and I'll be your puppet in '08.
Act now.....contribute 2,000 and get 3 free swimming lessons! contribute 10,000 or more and you will receive advice on how to get your butt out of any jam, including murder! Free neckbrace for the first 100 contributors. >>
ROFLAO
roadrunner
<< <i>OT move to open fourm >>
Heck, we have enough of this stuff over there.
<< <i>Can it you bozos and let the thread drop before you start crying that another of your friends has been booted. >>
Can you please state your comment in English so we bozos know what the hell you are trying to say?
it's impossible to speculate on what might have been, better to just stick with what is. like a friend of mine says, "If my Aunt had balls she'd be my Uncle."