Tommy-boy’s money woes as a lesson in trickle-down economics
We commenced coverage of this audit issue on February 6th, and continued on the 8th. Tuesday, with Exile’s post, the impact on Tom Reynolds began to be exposed. Today we observe the domino effect, as the Republican toy soldiers fall, giving new meaning to the term, “trickle down economics”.
From The Buffalo News:
House Republicans were informed of the situation earlier this month, and sources said they were deeply concerned about what they heard — particularly because several lawmakers employed Ward as the treasurer for their political action committees.
Some Republicans fear that the situation could hamper fundraising at the NRCC, which has struggled to raise money for the fall election. The GOP committee had $6.4 million on hand at the end of January, compared with $35.5 million for its Democratic counterpart.
Quite a change from “Grand Old Party” to “Broke Old Party”!
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