And in the case of Simon, it’s a relatively small story. The San Francisco Chronicle reported on Friday that Simon’s firm, William E. Simon & Sons, was fined by New Jersey securities regulators for so-called “pay to play” deals in the early 1990s with New Jersey financial entities owned by close associates of then Gov. Jim Florio. “Pay to play,” is a technique commonly used by private firms seeking access to government officials and contracts.
And it’s a technique Gov. Gray Davis is currently under almost constant attack for practicing. For example, in the past year Davis has accepted large campaign donations from Enron, software giant Oracle, the union of state prison guards, Northrop Grumman’s Logicon and most recently, the management consultants Accenture, as he was considering state policies that would have affected those entities.
“We needed to tar the other guy,” says a Sacramento-based Davis campaign aide, who helped track down the Simon material for the campaign’s opposition research team. “Simon was getting off scot-free. Basically, if you tell the Chronicle Simon is dirty, they’ll run with it. More than the L.A. Times and the Sacramento Bee, they do us favors. This time was no different.” During the Republican primary, the Chronicle became notorious for receiving negative story leads about former L.A. mayor Richard Riordan from the Davis camp.
But Davis’s seemingly voracious appetite for cash will continue to cause him problems, if only the California media would focus on his donors.
For example, there is Alexander F. Kanakaris, who has donated more than $30,000 to the Davis campaign in the past year. In August 1999 Kanakaris was forced to settle with the Securities and Exchange Commission, without admitting or denying the allegations, that his firm misled potential investors about the financial stability of his company.
“Davis has all kinds of characters like this on his fundraising roles, if people would just take the time to look,” says a Simon staffer.p>
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online