“I cannot forecast to you the action of Russia. It is a riddle, wrapped in a mystery, inside an enigma; but perhaps there is a key. That key is Russian national interest.” – Sir Winston Churchill
Former Georgia House Speaker Glenn Richardson has a secret once valued at nearly $220,000. Inquiring minds would like to know what happened to the money from his PAC. As Jim Walls over at Atlanta Unfiltered wrote:
Richardson closed out his campaign account when he resigned in December 2009, transferring $219,915 to the MMV Alliance Fund, a political action committee that he controls. He had to pay a $500 fine because MMV had not been granted a federal tax exemption (and therefore was not yet considered a charity) when he moved the money.
According to the Atlanta Unfiltered story, Richardson states that between $100,000 and $110,000 is left. As to the remainder, Richardson cites his own attorney, stating nothing has yet been done that requires filing with either state or federal authorities.
As discussed here on Peach Pundit, Richardson is seeking a Georgia Senate position in an upcoming special election caused when Georgia Senator Bill Hamrick was appointed to a judgeship.
With one hundred thousand dollars seed money and a bevy of old, moneyed interests on speed dial, Richardson cannot be ignored. That kind of money and access can buy a lot of political ads begging forgiveness.
Now that Richardson has made the questionable decision to re-enter the political arena, he has again found the spotlight. His actions beg questions; however, and answers will be sought.
As for where the money has gone and where the remainder will go, let’s consult Sir Winston and update his quote: I cannot forecast to you the action of Speaker Richardson. It is a riddle, wrapped in a mystery, inside an enigma; but perhaps there is a key. That key is Glenn Richardson’s personal interest.