Quotes of the Morning
“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."
-Toledo Blade, April 6, 2005
“Mr. Blackwell said his position hasn't changed, but he said he would not criticize the bureau's investment in rare coin funds.’I would never have any reason to question Jim Conrad's integrity. When you run a fund size of $18 billion and you're looking at $50 million, 'Beyond what one's disposition might be, is that an irresponsible amount of risk? Most people would say no,’ he said."
-Toledo Blade, April 6, 2005
“If the state is looking for some good investments, I’ve got some really nice comic books I can sell them. Pretty much the same level of risk as collecting old coins. Good to see that our state government is being run with the same level of competence that we’ve come to expect from the Federal government. And thank you Americablog for the quotes (and to Billmon for the following).”
-Skippy
"If you're going to hang a label on Congressman DeLay to make regular folks hate him, it seems to me that you could do a lot better than 'the exterminator.' It sounds like 'The Terminator,' for one thing, and that guy is really popular — even in a blue state like California.'”
-National Review, March 23, 2005
"For the first time since Schwarzenegger swept Gray Davis out of office in the 2003 recall election, less than half of California voters say they approve of his job performance, according to a poll released last week by San Jose State University."
-Newsweek, April 9, 2005
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."
-Toledo Blade, April 6, 2005
“Mr. Blackwell said his position hasn't changed, but he said he would not criticize the bureau's investment in rare coin funds.’I would never have any reason to question Jim Conrad's integrity. When you run a fund size of $18 billion and you're looking at $50 million, 'Beyond what one's disposition might be, is that an irresponsible amount of risk? Most people would say no,’ he said."
-Toledo Blade, April 6, 2005
“If the state is looking for some good investments, I’ve got some really nice comic books I can sell them. Pretty much the same level of risk as collecting old coins. Good to see that our state government is being run with the same level of competence that we’ve come to expect from the Federal government. And thank you Americablog for the quotes (and to Billmon for the following).”
-Skippy
"If you're going to hang a label on Congressman DeLay to make regular folks hate him, it seems to me that you could do a lot better than 'the exterminator.' It sounds like 'The Terminator,' for one thing, and that guy is really popular — even in a blue state like California.'”
-National Review, March 23, 2005
"For the first time since Schwarzenegger swept Gray Davis out of office in the 2003 recall election, less than half of California voters say they approve of his job performance, according to a poll released last week by San Jose State University."
-Newsweek, April 9, 2005
posted by Pope Impious XXIII | 7:20 AM
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