Thursday, April 21, 2005

Double Dog Dare to Mainstream Media

The judge doesn't get it, so kiss your money goodbye. The only question is will the media investigate?

Franklin Circuit Court Judge Roger Crittenden has issued his Findings of Fact and Conclusions of Law in the KAPT scandal. In the document, he repeatedly refers to the "Unclaimed Property Fund" as the source of the $13.7 million at the heart of the controversy.

The problem is that Judge Crittenden does not appear to grasp the fact that there is no such fund. The indisputable fact -- disputed loudly by Jonathan Miller -- is that there is no money in the account representing the liquidated abandoned property held by the state.

The bottom line is that taxpayer money was used to fill the unfunded liability hole in the money-losing KAPT program and much more will be lost if Miller is allowed to keep the program open and generating future losses.

I double dog dare anyone in the mainstream media to investigate and PROVE ME WRONG on this.