One of the most powerful almighty Democrats is a sinking ship today. The bigger news is further down… but lets just say MDL and his daughter AND Missing money.
Can you say most ethical government? You may be able to say it but it’s not what Ohio got in the last election. Like the lost data coverup…. more stuff like this continues to leak out. This long brewing Democratic scandal in Ohio is coming out… but not like it would if they were Republicans. Shame Shame. It is so bad it looks like Tom Noe has a much better successor. This stuff should be front page items in the newspapers. NRO Has this to say.
It seems there is no limit to Paul Krugman’s hatred of the Republican party. And apparently there’s no limit to the New York Times’s willingness to embarrass itself by printing yet another hilarious error-filled column by America’s most dangerous liberal pundit.
In his Friday column, Krugman attempts to spit out the salacious details of scandals involving Republican politicians in Ohio. But what Krugman doesn’t seem to know is that many of the politicians he’s talking about are Democrats! And because the Times does no fact-checking of its op-ed columns, his absurd blunders now live forever in the “newspaper of record.â€
Krugman’s column concerns apparent improprieties in the management of investment funds by the Ohio Bureau of Workers’ Compensation. Ohio’s state government is dominated by Republicans, so for Krugman the BWC scandals are “an object lesson in what happens when you have one-party rule untrammeled by any quaint notions of independent oversight.â€
This all started in April when the scandal now referred to as “coingate†was documented on the Angry Left hate-blogs that Krugman sources. Apparently the BWC made a highly unconventional investment in rare coins managed by a high-profile Ohio Republican fundraiser, Tom Noe. It remains to be seen how much real fire there is to “coingate,†but there is certainly plenty of smoke: Though Noe is an expert in coin investments, he is also currently under investigation by the FBI for campaign finance violations, while other matters of ethical impropriety — of unknown merit — have been raised.
Krugman covers all of this before going on to describe what he calls “an even bigger story†in Ohio, that wicked bastion of Republican “one-party ruleâ€:
the Bureau of Workers’ Compensation invested $225 million in a hedge fund managed by MDL Capital, whose chairman had strong political connections. When this investment started to go sour, the bureau’s chief financial officer told another top agency official that he had been told to “give MDL a break.â€
According to the Columbus Dispatch, BWC’s loss was actually $215 million — leave it to economist Krugman to get the number wrong and err on the side of partisan melodrama. But either way that’s a huge number, and it makes the $13 million loss in “coingate†look like small change (as it were).
Krugman continues:
We’re talking about personal payoffs … MDL Capital employs the daughter of one of the members of the workers’ compensation oversight board …
Quite a scandal. But Krugman seems ignorant of the fact that the MDL scandal is all about Democrats, all the way. (Or perhaps he knows this and chooses not to acknowledge it.)
Here is the scandal that is all in the family and all about Democrats.
According to the Toledo Blade, which Krugman cites as his source for this “bigger story,†the person who told the BWC’s CFO to “give MDL a break†was George Forbes, a member of the BWC’s oversight commission. Forbes is also president of the Cleveland chapter of the NAACP, former president of the Cleveland City Council, former candidate for mayor of Cleveland, and a Democrat.
And who’s that daughter who’s employed by MDL? You guessed it, didn’t you? It’s Mildred “Mimi†Forbes, daughter of the very same and very Democratic George Forbes.
The Democrats have wasted no time in equally Republican Democratic (??) Bob Taft. In fact they dwarf Taft’s most corrupt days already. We have 3.5 years left with the democratic leadership and can’t wait to see what comes up next. Yes… the Democrats have really set the bar at a new high low.

