Federal Government

Crapo Cash Caper Causes Crash

CrapoDUIOur Senior Senator (“sen-sen”) Mike Crapo sits on the Senate Banking and Finance Committee making decisions which can make or break the financial health of the United States of America.

However, according to an ASSOCIATED PRESS/IDAHO STATESMAN story, the guy hasn’t a clue his staffers are using the political payoff cash in his war chest to make loans to political pals. Crapo told the AP Friday he was informed in 2010 of a $250,000 loan his campaign made in 2008 to Idaho-based Blueberry Guru, that’s now defunct. Ex-Crapo campaign manager Jake Ball is a longtime friend of Blueberry Guru owner Gavin McCaleb.

Crapo said he has approved other federally-protected investments in the past by the campaign but had no knowledge of this transaction until it was brought to his attention in 2010–by the FBI no less.

Interesting to note Crapo has waited nearly three years to reveal the financial irregularities in his campaign finances. Last time we looked, Crapo had more than $3,000,000 stashed from people and corporations who had made payments to his political campaigns despite never having a viable opponent.

Jake Ball, the former Crapo guy who made the now-defunct loan, left the staff to go to work for Idaho Republican Rep Raul (“Rep Rep Raul”) Labrador. When word got out Thursday of the impending revelation about the private loan of campaign funds, Ball resigned from Labrador’s office.

Comments & Discussion

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  1. Grumpy ole guy
    May 11, 2013, 12:04 am

    The sen sen and rep rep make me wanna barf barf. All that money for what? We still don’t get decent legislation or legislators, we don’t even get straight talk. B and S are hardly straight now, are they? No wonder they have to be kept in a crock.

  2. Idaho loves to reelect these people!

  3. chicago sam
    May 11, 2013, 9:16 am

    Using campaign funds as your own personal bank with loans and investments or payoffs? I wonder if any of our State legislators are doing the same thing. Some of them show pretty hefty balances. Does the Sec. of State check to see if the money is actually there?

  4. …ya think, maybe, it’s time for Mike to be movin’ on to his next job as a lobbyist for the banks? Move over, LaRocco….

  5. Rod in SE Boise
    May 11, 2013, 11:48 am

    This whole thing smells fishy. It stinks of cronyism and corruption.

  6. He made all these bad decisions in the middle of his cocktail hour while slamming down a few boiler makers.

  7. Rod in SE Boise
    May 14, 2013, 11:26 am

    No, Flyhead, if that were true it would be somewhat understandable. But he, and his cronies, were probably sober when they did this, making them look either stupid or criminals, not drunks.

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