Tim Eyman, Chronic Debtor
Tim Eyman has taken out a $50,000 loan to finance his newest anti-tax initiative. This is on top of the still outstanding $175,000 loan from the unsuccessful I-985. (Both come from a $250K line of credit from taking out a second mortgage on his house.)
It seems a lot of people are getting a chuckle out of the fact that the dude who advocates fiscal restraint and living within our means is borrowing so freely. But of course there's nothing wrong with handling your personal finances one way and advocating that the state handles its finances another. And, of course, there's nothing wrong with us wishing that financial ruin knocks Eyman out of the game altogether.
Alas, he likely doesn't have to worry too much about the debt. Woodinville money-man Mike Dunmire has acted as something of a sugar daddy, bankrolling Eyman's efforts. Sadly, the state of Washington doesn't have a sugar-daddy to cover its massive budget shortfalls. Neither do those now finding themselves out of a job and without health insurance. But at least their car tabs are cheap.
1 comment(s)
Krist Novoselic says:
Eyman is a "profitician" (Profiteer + Politican) He's a leading political figure in our state - more well known than most lawmakers. Instead of a public salary, he gets paid for managing initiatives which, if passed, become public policy. It appears that the "profitician" field is taking a financial hit like many other endeavors.
Posted On: Wednesday, Jan. 7 2009 @ 4:11PM