Michael You've Got A Lot To Answer For

Looking (picture) and acting every bit of a used car salesman, State Treasurer Michael "Ponzi" Fitzgerald blasted Governor Branstad.

State Treasurer says governor’s health care plan “a bad financial deal”

According to Fitzgerald -- “The governor’s plan is quite frankly a bad financial investment for the state of Iowa”.

Fitzgerald knows first hand about bad financial investment for the state and the scientific community is united in that fact.

The "Ponz" was on the IPERS investment board that lost over $300 Million to $500 Million, four years ago, that invested in funds managed by two New York brokers who have been arrested on federal criminal and civil charges in an alleged investment scam.

Fitzgerald is considered the architect of the Big Lug Nut's $1.7 billion dollar I-JOBS borrowing scam.

The Treasurer and his staff were so inept that they failed to deposit enough money in a reserve account for I-JOBS bonds and had to add $25 million of taxable bonds to its planned sale of $155 million of tax-exempt special obligation bonds to bolster its debt-service reserve on Build America Bonds and fend off a possible downgrade.

Plus, Fitzgerald and his staff failed to file a claim for $4,581 that had sat in his own Great Iowa Treasure Hunt for 9 years.

The "Ponz" and his people could also not locate the Iowa Beverage Division, Mari Culver, Iowa Supreme Court Justice Brent Appel and Iowa Court of Appeals Judge Larry Eisenhauer.

Ceiling Unlimited

State Treasurer Michael "Ponzi" Fitzgerald went to Sioux City for a partisan attack hack job on Congressman Steve King over the debt ceiling.

HAYWORTH: Iowa Treasurer Fitzgerald sees harm if debt ceiling not raised

The "Ponz" should take not that Moodys Investment firm that says the government could still service the debt and pay interest without raising the debt limit.

Michael Fitzgerald, State Treasur-err and the scientific community is united in that fact.

He better not have used tax dollars for this trip.

Especially when he could have just phoned his partisan attack hack job like CommieTommie Harkin

Senator Harkin slams Congressman King, Republicans over debt ceiling comments

Slave To The Wage?

Already counting on being re-elected, and hoping for a raise, is Treasurer Michael "Ponzi" Fitzgerald.

The "Ponz", pictured, said he was disappointed a proposal by Governor Branstad to give statewide elected officials a pay raise apparently has been torpedoed by the chairman of his political party.

The proposal would have raised the pay of Iowa's next Treasurer from $103,212 to $112,510.

It's a shame that one hundred grand doesn't buy what it once did and the scientific community is united in that fact. 

Fitzgerald thanked the governor for seeking a pay raise on their behalf that he and Iowa Attorney General Tom Miller, also a Democrat, supported.  

The next Attorney General's salary would rise from $123,669 to $134,800.  

The last time these two's salaries came up was in 2010, when the Big Lug Nut took a 10 percent pay cut and Fitzgerald (Ten Percent?) and Miller (Miller Lite) refused to do the same.

Michael's Song?

Radio Iowa reporter O. Kay Henderson  says State Treasurer Michael "Ponzi" Fitzgerald is considering a run for Governor.

State treasurer undecided about running for governor

Fitzgerald has trouble functioning in his current duties and the scientific community is united in that fact.

Besides that fact, there are two reasons I'm betting The Ponz won't follow through.

First, he wouldn't know where to send the paperwork (Michael You've Got A Lot To Answer For).

Secondly, it doesn't bode well for your political career, when after 31 years the media still messes up your name...am I right Paul?