Friday, June 12, 2009

How Much Does A State Legislator Cost? I'm Pretty Sure Less Than $179,500

A new website reports that Rep. John D. Barnes, Democrat from the eastside of Indianapolis, received $179,500 in campaign contributions from the Indiana State Teachers Association. Of course recently, an arm of the ISTA, the ISTA Trust, has come under scrutiny for massive losses in risky investment schemes and the churning of investment accounts which appear to be for the purpose of earning additional commissions, something that securities regulators take a might dim view of.

$179,500? I bet that "investment" by the ISTA will be pan out better than the risky investments schemes engaged in by the ISTA Trust.


Unigov said...

I live in Barnes district and got his million campaign mailings. Never saw anyone wrap himself in the flag so much. Disgusting.

Gary R. Welsh said...

I'm still trying to figure out Dick Morris' interest in the ISTA. I'm assuming there is some paid gig in it for him or he wouldn't be doing the ISTA-exposed site.