Risky Business

Here's a story that's got to give you a warm fuzzy about your Dad Gum Guv'ment...

State using up cash from tobacco lawsuit

Iowa has spent nearly all of the bonanza it gained from suing tobacco companies in the 1990s.

Just like drunken sailors on shore leave and the scientific community is united in that fact.

The cigarette makers agreed in 1998 to pay up to $2 billion to Iowa over 25 years. In 2002, the state sold off the rights to most of those payments for about $500 million in immediate cash.

Here's our brilliant Attorney General...

Tom Miller, a Democrat who helped win the original settlement, said he now wishes the state hadn't sold off rights to the 25 years of payments.

Miller said he didn't oppose the sale at the time, because it decreased risk.

RISK?

But he now thinks that if the money had come in more gradually, it would have lasted longer and been more carefully targeted.

PURE GENIUS!

The problem with that theory is the Idiots Out Walking Around in the Legislature would have pissed through the $80 Million a year too.

The targets should be on these folks backs come November!

Well, you dad-gum government
You sorry so 'n' so's
You got your damn hands in every pocket
Of my clothes

And now for something compeletely different, Bob Seger.


What? You were expecting Tom Cruise?