The Herald Leader has done an excellent job of following the money trail concerning the financing of the Bluegrass Freedom Fund, a 527, whose VERY effective ads were largely responsible for the demise of the Fletcher administration.
According to the
H-L's story, a whopping 70 percent of BFF's contributions came from those interest groups, with one of them, Bill Yung, a Fort Mitchell-based casino and hotel owner, giving $1 million to the fund -- the biggest contribution.
Here is a list of those contributors:
HORSE AND CASINO INTERESTS
• $1 million from William Yung, president of Northern Kentucky-based development company Columbia Sussex, which owns several casinos and hotels, including the embattled Tropicana Hotel and Resort in Atlantic City and the Aztar in Evansville, Ind.
• $250,000 from Churchill Downs Inc., the Louisville racetrack's parent, that is looking for a casino.
• $250,000 from Phoenix Capital, a limited liability company formed in August by Keeneland, the Lexington thoroughbred track.
• $250,000 from EP Acquisitions in Louisville, which is owned by Ronald Geary, who bought Ellis Park in Henderson and also is interested in casinos.
• $125,000 from Turfway Park in Florence, which is co-owned by Keeneland and Harrah's.
• $60,000 from Lexington Trots Breeders Association, which owns The Red Mile harness racing track.
• $50,000 from Hideout of Lincoln County, LLC, of Palm Desert, Calif., owned by R.D. Hubbard, who has apparently recently dropped out of the Sprint Racing Partners seeking a quarter horse racetrack in London, Ky.
• $50,000 from Edward Allred, owner of Los Alamitos Race Course in California, who has also dropped out of Sprint.
• $50,000 from Will Farish of Versailles, who owns Lane's End Farm.
• $50,000 from Tracy Farmer, the Midway horse farm owner who staunchly backed Gov. Steve Beshear.
• $25,000 from Bruce Rimbo, president of Hubbard's Ruidoso Downs quarter horse track in New Mexico, and who is still part of Sprint Racing.
• $25,000 from Paul Blanchard, owner of the Downs of Albuquerque, who also has dropped out of Sprint.
• $10,000 from H. Greg Goodman, owner of Mount Brilliant Farm in Lexington.
• $10,000 from John Oxley, a horse breeder and owner from Tulsa, Okla.
DEMOCRATIC PARTY GROUPS
• $600,000 from the Democratic Governors Association in Washington, D.C.
UNIONS
• $200,000 from AFSCME, the American Federation of State, County and Municipal Employees, the national public employee union.
• $50,000 from SEIU PEA International, the Washington D.C.-based Service Employees International Union.
• $25,000 from the International Union of Operating Engineers in Washington, D.C.
• $15,000 from the Jefferson County Teachers Association in Louisville.
• $5,000 from the Carpenters' Legislative Improvement Committee in Washington, D.C.
• $5,000 from the Plumbers Pipe Fitters & M.E.S. Local 392 PAC in Cincinnati.
OTHER
• $20,000 from the American Association for Justice in Washington, D.C.
• $25,000 from the Kentucky Justice Association, Inc.
Total: $3,150,000My question is: considering their "business interest" of building casinos in Kentucky, who do people expect these "gaming" folks to give money to -- Steve Beshear, who supports their interests, or Ernie Fletcher, who doesn't?
So, why is this news? Is this not the "American way"?
Labels: Business Community, Capitalism, Democracy for sale, Kentucky politics, Political economics, Public Service