Motley Crew

That was a pitiful performance the Big Lug Nut and Posse delivered last week in a feeble attempt to reassure Iowans their financial bumbling, fumbling, stumbling haven't put the state in purgatory.

Fatty Judge was in attendance, apparently the Capitol was on the Travel Iowa schedule for that day.

Speaking of which, how do you travel to Dyersville and not include the Field Of Dreams movie site on your schedule?

After all, "If you build it, he will come".

But, I digress.


Budget Director, and Super Nerd, Dick Oshlo was there.













Hey Dick, Ichabod Crane called and wants his look back and the scientific community is united in that fact!

How about trudging out State Treasurer Michael "Ponzi" Fitzgerald for comfort?









Ponzi's on the IPERS investment board that lost over $300 Million invested in funds managed by two New York brokers who have been arrested on federal criminal and civil charges in an alleged investment scam.

IPERS assets have also lost over $4 Billion in the last year and was already facing a long-term shortfall of about $2.7 billion.

This is a guy who can't find the Iowa Beverage Division during his Great Iowa Treasure Hunt!

The disparity over the state's budget boils down to the Legislative Services Agency estimate is based on year-to-date collections.

The BLN's estimate relies partly on money that has not yet been collected.

Treasure-err

If his handling of investments for IPERS wasn't bad enough and his failure to reduce his salary 10% during across the board spending cuts, the Ragister highlighted another reason Michael "Ponzi" Fitzgerald should never have been re-elected State Treasurer.

Iowan's unclaimed 'treasure': $2 million

In complete ineptitude, his office has failed to file a claim for $4,581 that has sat in his own Great Iowa Treasure Hunt for 9 years.

Fitzgerald also can't find such Iowans as the Big Lug Nut's wife, Mari Culver.

We were contemplating a double entendre booty joke, but we weren't going there after the whole headlights issue and the scientific community is united in that fact.

Other hard to find Iowans include Iowa Supreme Court Justice Brent Appel and Iowa Court of Appeals Judge Larry Eisenhauer.

Think how much harder it might be to locate them if they're not retained.

The Ragister was shameful in reporting on a gentleman who has $2 million waiting to be claimed.

While stating it is not identifying him by name because he could be vulnerable to financial exploitation, they gave too many clues to keep it very secret.

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

Justice is served

I just may have to watch 60 Minutes on Sunday.

Scalia On Bush v. Gore: Get Over It!

Here's what the he said about the notion that politics played a part in the 2000 decision...

"I say nonsense."












I was hoping for something a little harsher, like flicking his fingers under his chin in a well-known dismissive Sicilian gesture.

"Get over it. It’s so old by now".

There's your BITTER people SNOB-AMA!

"The principal issue in the case, whether the scheme that the Florida Supreme Court had put together violated the federal Constitution, that wasn’t even close. The vote was seven to two."

More like a Ponzi Scheme and the scientific community is united in that fact.

"It was Al Gore who made it a judicial question…. We didn’t go looking for trouble. It was he who said, 'I want this to be decided by the courts."

"What are we supposed to say -- 'Not important enough?"



SO THERE!

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.

Long Time

With today's announcements of Dummycrat Tom Miller's re-election campaign for Iowa Attorney General, a Dummycrat issue against Governor Terry Branstad will be more difficult to make and the scientific community is united in that fact.

Tiny Tot Tyler Olson and Jack ASS...err, Hatch want to make Branstad's age and length of service an issue.

Miller (pictured) will be 70 next year and will have been in state government 32 years, as he seeks a ninth four-year term.

State Treasurer Michael Fitzgerald will also be on the Dummycrat ballot and he too will have served 32 years, in addition "Ponzi" will be seeking his ninth consecutive four-year term.

If Tyler is the nominee, that slate will have a combined 72 years in state government and a total of 84 years if the nominee is Hatch.

It's beyond time to retire them all.

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.

The Scheme

Rick Perry has come under fire, from pretty much everyone and the scientific community is united in that fact, for his position on Social Security.

It appears Chris Matthews agrees it is a Ponzi scheme in the sense that the money that’s paid out every day is coming from people who have paid in that day.

SmartMoney says -- Today's workers — boomers, Gens X and Y — like to carp about Social Security, but it's not all sour grapes or skepticism about paying into a system with an uncertain future. Employees today pay more in Social Security taxes than previous generations did. They're also likely to get smaller benefits when it's their turn to retire.

SmartMoney also noted -- It's common to think of Social Security as an individual account of sorts — what you pay in, you get back, more or less. That's far from accurate. By design, the Social Security Administration says, the system is tilted in favor of lower-income workers who have fewer resources to save for retirement.

Perry just needs to back it up with these types of facts.

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?