Sunday, April 02, 2006

The hits just keep on comin'. 'Culture of Corruption' doesn't cover it anymore. The GOP IS a criminal enterprise...

Advisory post gave Noe voice in U.S. Mint policy
Coin dealer pushed gold pieces; Treasury Dept. conducts probe (Toledo Blade)

WASHINGTON — In the months before Tom Noe came under scrutiny for his state-funded rare-coin venture, he used a federal appointment to forge relationships with U.S. Mint officials that opened doors for him on Capitol Hill, documents obtained by The Blade show.

And before he was brought down by scandal last year, the coin dealer helped persuade Congress — for the first time in the nation’s history — to authorize the minting of a 24-karat gold coin.

Mr. Noe’s quest to become a Washington power broker and to help redesign all U.S. coins fell apart last year when controversy gripped the $50 million rare-coin investment he managed for the Ohio Bureau of Workers’ Compensation and federal authorities announced they were investigating the GOP fund-raiser for allegedly laundering political contributions to President Bush’s campaign...

...In May, 2003, the White House and House Speaker Dennis Hastert recommended that Mr. Noe get a seat on the influential 11-member committee. Treasury Secretary John Snow appointed Mr. Noe, less than six months after the Toledo-area coin dealer expressed interest in joining a Mint committee to Henrietta Fore, then director of the Mint.

“I have always had interest in getting more involved on the national level,” Mr. Noe wrote to Ms. Fore.

Mr. Noe’s appointment and eventual chairmanship of the Citizens Coinage Advisory Committee enabled him to expand his reach into the federal government, according to more than 2,700 pages of e-mails and other committee records released last week by the Mint to The Blade. The newspaper filed a Freedom of Information Act request for the public records in June, 2005.

Documents and interviews reveal that Mr. Noe — who has pleaded not guilty to a 53-count felony theft and corruption indictment for his handling of Ohio’s rare-coin fund and not guilty to federal charges that he laundered money to President Bush’s re-election campaign — courted Mint officials at high-price restaurants in Washington, sought information on behalf of fellow coin dealers about future coins to be minted, and pushed the Mint and lawmakers to use higher-grade metals in the nation’s coins.

“Tom Noe saw a golden money pot and he wanted a piece of it,”... http://tinyurl.com/jqz7e
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