SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (22073)8/4/2012 12:40:58 PM
From: koan  Respond to of 85487
 
tnx, sent it to my SIL.



To: Wharf Rat who wrote (22073)8/4/2012 12:44:40 PM
From: longnshort1 Recommendation  Respond to of 85487
 
I got as far as James Hansen



To: Wharf Rat who wrote (22073)8/4/2012 5:18:58 PM
From: longnshort4 Recommendations  Respond to of 85487
 
Obama stiffs California city $35,000 while Romney pays his bill

By ANDREW MALCOLM 08/02/2012
news.investors.com
Getty Images (Not my problem)

Here's how much financial trouble Barack Obama's presidential campaign appears to be in:

He's stiffing the California city of Newport Beach $35,000 for extra security costs incurred when the campaigner-in-chief held a fundraiser in the oceanfront community early this year.

The bill is already nearly two months overdue. The Democratic National Committee and Secret Service are giving the city the old "Talk to them, No, talk to them" routine that would immediately get any real business operation on the Better Business Bureau's "Do Not Hire Again" list.

The Democratic organization, which pulled in more than a million dollars at the February event, told City Manager Dave Kiff to talk to the Secret Service. The Secret Service told Kiff that it only handles security. never extra costs associated with added local police expenses such as motorcycle escorts, road closures, overpass guards and freeway ramp blocks.

"Had this been a 'business trip' — if the president came to Newport Beach to talk about one of his policies with our residents," Kiff explained to City Council members, "the city would not have sent an invoice."

Kiff says he'd just like the matter to go away, that Newport Beach is honored to have any president visit. However, this was a large private political fundraising event with local residents excluded.

According to standard city policy, if the Chicago Democrat's May bill remains unpaid after 120 days, it will be turned over to a collection agency. Which shouldn't have much trouble tracking the campaign down, given all the flashing lights and extra security surrounding Obama's fundraisers every other day. The Deficit King is down in Florida again today.

Oh, one other thing. In May Republican presidential candidate Mitt Romney also held a campaign fundraiser in Newport Beach.

Kiff sent him a bill too for extra police costs. It was paid in full within 30 days. But you might expect that from a successful businessman who turned a profit on the 2002 Olympics and balanced budgets in business and government.

RELATED:

36 Obama aides owe $833,000 in back taxes

Obama's joke that pretty well sums up his term, accidentally

Romney's warning: 'This President is moving us away from our Founders' vision'