MSM Doesn’t Do Homework

Off to bed with no supper for the RJ today, which reported that Golf-developer Bill Walters only spent $10,000 on the Gibbons race. Well, look again at page 2 of the Gube’s latest financials and notice that $40,000 comes from the same address as that given by Walters. And let’s look at the corporate records of a few of those LLC’s and see who’s running them:

• VEGCorp, President: William Walters, $5,000
• Las Vegas Preferred Tee Times, Manager: William Walters, $5,000
• La Costa Village, Inc., President: William Walters, $5,000
• Duffer’s LLC., Manager: William Walters, $5,000
• Southwest Golf Reservations, Manager: William Walters, $5,000

Only one of the contributing entities from Walters’ address does not list Walters as a corporate officer. However, the corporate address for Optical Opportunities is not the same as that listed on the Gibbons’ campaign sheet. So, did Walters bundle $35,000 or $40,000? Only the lawyers over at Reid friendly Lionel, Sawyers, and Collins, who do Walters’ corporate filings, know for sure.

One of the most important reforms suggested by the Nevada Center for Public Ethics (and Dina Titus, by the way) is that Limited Liability Companies have to list anyone who owns %10 of the company so that the MSM, if it wished to make the effort, could find the bundlers. The Legislator should step up and enforce the $10,000 limit on contributions, and the new Secretary of State should tell us how he plans to update campaign finance reporting and how he plans to prosecute those who circumvent the law.