Related: Cahill the Conservative
Rivals challenge funds to Cahill campaign run
"Cahill defends taking questioned campaign donations" by Michael Levenson, Globe Staff | March 23, 2010
State Treasurer Timothy P. Cahill, rebuked by his gubernatorial rivals for accepting campaign contributions from donors with business before the treasurer’s office, defended such donations yesterday as necessary for candidates of modest means.
Keep digging, Tim.
“Unless I am personally wealthy, which I am not, or there is public financing, which there is not, you are forced to ask people and accept contributions, and it’s up to us, as politicians, to make sure there is no commingling, there is no crossover,’’ Cahill, an independent, told faculty and students at a forum at Suffolk Law School’s Rappaport Center for Law and Public Service.
Yup, and we won't be hanging our hat on you, filth.
Cahill said donations to his political account do not influence the decisions he makes as chairman of the state Pension Reserves Investment Management Board....
What a f***ing liar!
The Globe reported Sunday that Cahill had accepted more than 200 campaign donations from the officers of firms connected to a pension fund manager who has been allotted $500 million in state funds to invest since Cahill became state treasurer in 2003. The contributors shared a common connection: They or a relative worked for firms that handle the real estate holdings that Michael A. Ruane, a Boston investment manager, bought for his investors, including the state pension fund.....
Yeah, I linked the analysis at the top.
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Yeah, everyone around here knows what a lying sack of s*** he is:
"2 Connector board members censure Cahill; Call comments on health care plan ‘uneducated’" by State House News Service | March 19, 2010
Two days after Treasurer Timothy P. Cahill slammed national health care overhaul efforts and declared that Massachusetts’s own endeavors had largely failed, two members of the board implementing the state plan fired back, calling Cahill “uneducated’’ on the topic and describing his statements as harmful to uninsured Americans.
We call it LYING around here.
“To the extent that he’s trying to do damage to national reform, he’s harming millions of people nationally, and he’s also harming Massachusetts,’’ said Nancy Turnbull, a member of the state Connector Authority board, the entity that oversees insurance programs authorized under the 2006 health care law.
Hey, HI$ POLITICAL CAREER COME$ FIR$T!
In charged language that members of the authority’s board have largely eschewed, Turnbull said Cahill’s comments indicated “how ignorant he is’’ and she suggested he “actually educate himself about health reform.’’
Cahill predicted Tuesday that the country would go bankrupt within four years if President Obama and Congress follow the Massachusetts health care model, warning against dramatic expansion of access and suggesting that the state curb publicly subsidized benefits. He said the state’s 2006 health care expansion has wreaked havoc with the state budget and blamed Governor Deval Patrick for “very little, if any, oversight.’’
Patrick and his aides defended their management of the plan and noted the state’s record insured rate of more than 97 percent. They also point to independent analyses showing that the plan has added little to the state budget.--more--"
You know, if it was SUCH a DANGER, Tim, how come you SAID NOTHING to your BOND BUDDIES?
"Cahill’s warnings absent in bond issue; Reports omit campaign talk of bankruptcy" by Frank Phillips, Globe Staff | March 24, 2010
Two weeks before leveling grave charges that the state’s universal health care law was bankrupting Massachusetts, state Treasurer Timothy P. Cahill signed a statement for potential buyers of a $538.1 million bond that made no mention of his concerns about a financial calamity.
Hey, we got a TWO-FACED TREASURER here!!
So HOW MUCH CAMPAIGN CASH is he getting for a kickback, huh?
On March 2, Cahill approved a general obligation bond to operate state government that specifically outlined the finances of the state’s landmark health care statute. But the document, which potential investors use to evaluate the financial health of Massachusetts, does not indicate that the 2006 law poses a threat to the state’s economic stability.
Oh, Timmy, better check the bottom of your shoe.
Smells like you stepped in something.
Several days after Cahill signed the statement, the three major rating agencies — Fitch Ratings, Moody’s Investor Services, and Standard & Poor’s — upheld the state’s favorable bond rating, predicted a stable future, and praised how Governor Deval Patrick and legislative leaders have handled the effect of the economic downturn. The absence of alarm in the documents stands in stark contrast to Cahill’s campaign trail rhetoric, as he tries to position himself as a fiscal conservative in the governor’s race....
Yeah, ISN'T THAT SOMETHING!
He's SLINGING SOMETHING, isn't he, readers?
The question Cahill now faces is whether he misled investors by not disclosing a major potential fiscal problem facing Massachusetts, or whether his criticism of health care was a political maneuver designed to tap into anger among some voters over government spending.
Yeah, that FIRST ONE is BAD for a TREASURER, no!?
And ALL FOR the SECOND!!!!
Bye, Tim. You ain't even going to get reelected as Treasurer.
Cahill’s top deputy, Grace Lee, said the treasurer was not obligated to make further statements to potential bondholders....
Yeah, I'm SURE THEY WILL be HAPPY TO KNOW you are HOLDING BACK or LYING to them!!!
Whether Cahill has any legal obligation to square his public statements with the information he provides to the bond market is not clear, according to one specialist. The specialist, who did not want to be quoted by name because he works in the business, said the federal agency is frequently faced with situations in which elected officials, who have duties similar to Cahill’s paint a bleak picture of a state’s fiscal condition for political purposes, but never mention the concern in bond documents they are required to sign.
You know, LIKE for a TAX INCREASE, Massachusetts!!!
In a 2003 case, SEC regulators criticized but did not fine former Big Dig czar James J. Kerasiotes for failing to reveal to state officials the cost overruns for the Central Artery project. Critics said Kerasiotes should have disclosed the additional costs before state officials went to Wall Street in December 1999 to brief bond-rating agencies on the state’s fiscal condition....
On March 19, even after Cahill began sounding warnings about the cost of the state health care plan, he and Administration and Finance Secretary Jay Gonzalez, cosigned an SEC affidavit that the March 2 bond documents were complete, accurate, and did not omit any “material fact.’’
Then Cahill is a LIAR and the administration and Patrick are IN on the GAME, huh?
“If you believe as a state treasurer . . . that there is credible evidence suggesting this health care law or any general out-of-control spending is going to lead to a bankruptcy, it is page-one material to disclose to potential debt-holders,’’ said state Senator Mark C. Montigny, a New Bedford Democrat and chairman of the Senate Committee on Capital Bonding, adding that he does not believe the health care law is a major financial liability.
And Timmy the Treasurer KEPT QUIET!
Turns out his friends got cited by the SEC:
"SEC cites securities firm over donations to Cahill; Business had dealings with state treasurer" by Steven Syre, Globe Staff | March 25, 2010
An executive of a Texas securities firm that helped underwrite at least $14 billion in Massachusetts municipal securities violated federal “pay-to-play’’ rules with campaign contributions to state Treasurer Timothy P. Cahill, the Securities and Exchange Commission charged yesterday.
Great treasurer, huh?
He is supposed to be the most honest man in government!
Southwest Securities Inc. of Dallas agreed to pay $470,000 to settle allegations against the firm, but charges remained outstanding against a senior vice president, John F. Kendrick of Medfield, the SEC said. Federal regulators did not allege any wrongdoing by Cahill or his office....
But it SURE as HELL STINKS in there!
Kendrick, 65, also allegedly organized a fund-raiser for Cahill that contributed $9,000 to the treasurer’s campaign in 2005. The SEC said the fund-raiser violated rules because Southwest was soliciting underwriting business from the state at the time.
Amy Birmingham, chief of staff for Cahill’s gubernatorial campaign, said in a statement late yesterday that Cahill’s political team “had no knowledge that John Kendrick was in violation of SEC rules at the time of the contributions.’’
And THAT DISQUALIFIES him as having the requisite candidates to be governor.
The "I DIDN'T KNOW" excuse never worked as a child; why would it work now?
“The campaign will return any donations that are in violation of SEC regulations,’’ she said.
So what?
That can't remove the stinking stench of corruption that has attached itself to this guy!
Attorneys representing Southwest and Kendrick did not return calls.
Cahill has been under fire recently, following news reports detailing how he has raised money for his political ambitions from people with business before the state treasurer’s office or from those with ties to firms with business interests before his office. The Globe reported Sunday that Cahill had accepted more than 200 donations from employees of firms that handle real estate holdings of a Boston-based investment firm that has been allotted $500 million in state pension funds to manage since Cahill became treasurer.
Man, I need a gas mask for this guy.
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And SHOULDN'T the STATE TREASURER KNOW STATE LAW?
The fund-raising e-mail asks prospective donors to “help me end March on the right note.’’ But state Treasurer Timothy P. Cahill’s solicitation hit a seriously sour note instead.
Cahill, an independent gubernatorial candidate under fire for some fund-raising practices, sent the appeal yesterday to every state representative and state senator at their official government e-mail addresses, in violation of state campaign finance law.
Jason Tait, a spokesman for the state Office of Campaign and Political Finance, said such appeals are expressly forbidden in Massachusetts.
This what happens when you are $crounging around for loot.
“The campaign finance laws prohibit solicitations in government buildings,’’ Tait said. “That includes sending solicitations by snail mail, verbal solicitations, and e-mail solicitations.’’
Of course, lobbyists are crawling all over the place, so....
Cahill’s campaign acknowledged the violation and apologized for it in an e-mail to legislators three hours later.
Not good enough for me.
Why not DROP OUT and RESIGN NOW?
“You might have received an e-mail this morning from our campaign related to fund-raising,’’ Amy Birmingham, chief of staff for the Cahill campaign, wrote in the follow-up e-mail. “If so, it was a mistake, and I wanted to write and explain.’’
Damn right it was -- and more! It was a CRIME!
“The e-mail sent was intended only for supporters within our database,’’ Birmingham wrote. “We are managing multiple contact lists. It appears an incorrect query was pulled, thereby combining lists from our database that are normally kept separate from this type of communication. We are working to correct the mistake so it does not happen again.’’
If he spent as much time worrying about the state coffers he is charged with overseeing and less about his campaign cash.... !!!!!!
Yesterday, the state Republican Party sent a letter to the Office of Campaign and Political Finance requesting a formal investigation of Cahill’s e-mail.
You probably should have forwarded that to the FBI!!
Democrats here will just sit on it and do nothing.
It was not clear what type of sanction, if any, Cahill’s campaign might face. In past cases, campaign finance officials have ordered candidates to return the donations they solicited or give them to charity. In other cases, in which candidates did not raise any money, officials have not taken any action. Asked if Cahill’s e-mail had raised any money for the campaign, Birmingham said in an e-mail to the Globe, “Yes, it has, but none from state lawmakers.’’
The violation brought renewed attention to Cahill’s fund-raising operation....
The fund-raising e-mail that Cahill sent yesterday trumpets his recent criticism of the national health care law, which he says will wreck the American economy. It includes links to Cahill’s recent appearances on Fox News, and to an op-ed article he wrote in the Wall Street Journal.
Oh, he is SHAMELESS and CAN'T SMELL HIS OWN S***!!!!!!
“Anytime you take a bold position like we have, you can expect to be attacked, and that’s exactly what has happened over the last few weeks,’’ Cahill wrote in the e-mail. “That’s why I am writing to you today. I need your help.’’
Oh, that is what you think it is, huh, s***ter?
And he thinks going Fox-nutty is going to help him win the governorship?
"Cahill adviser quits, citing lack of contact; Helped McCain’s presidential runs" by Brian C. Mooney, Globe Staff | April 7, 2010
At least one of the four “McCainiacs’’ brought on board a month ago by state Treasurer Timothy P. Cahill to help guide his independent bid for governor is now out as an adviser to the campaign.
Can you say third-place finish, readers?
Mike Dennehy, a New Hampshire-based Republican political consultant, told the Globe yesterday that the Cahill campaign is not returning his phone calls and e-mails....
Isn't even man enough to tell the guy they don't want him after all, huh?
We don't need another one of these types of politicians, Bay-Staters!
Just weeks ago, Cahill’s campaign announced with great fanfare that Dennehy — a senior adviser to US Senator John McCain’s 2008 presidential campaign and key operative in the Granite State in McCain’s 2000 presidential bid — was coming aboard along with three other veterans of McCain campaigns. The four were to be part of a bipartisan consulting crew that also includes Democratic media consultants Tad Devine and Julian Mulvey....
They probably told him the veer to the right was a mistake.
That's when Timmy 'topped taking their calls.
"Cahill advisers compensation
It looks like the compensation arrangements Timothy P. Cahill’s gubernatorial campaign has with the “McCainiacs’’ he brought aboard last month will become public after all.
Don't you love a state treasurer who hides financial figures?
The Globe reported last week that Mike Dennehy, a New Hampshire-based operative and one of four veterans of John McCain’s campaigns who Cahill brought in, said he was hired with great fanfare but then ignored by the Cahill campaign and never paid. In response, John Weaver, a top strategist on McCain’s two presidential campaigns, told the Globe that “everybody who’s working actively is being paid.’’ He said he would not, however, “get into who has the lead contract and who’s subcontracting out.’’
Cahill campaign spokeswoman Amy Birmingham said the campaign has been in touch with the state campaign office to determine its responsibilities under the new law....
They don't know? And I'd lifeboat my way off that sinking ship, lady.
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Related: Can an independent win?
Not this one; not after all this s***.
