Huckleberries Online

Treasurer Crane Takes Care Of No. 1

Among Idaho's elected state officials, Treasurer Ron Crane keeps a low profile. About the only time you hear anything from him is when he's screwing up. Paid $101,150 a year, the four-term Republican manages tax dollars that have been collected but are not yet required to pay bills. His mission involves generating a little extra income by investing that cash. He does that for cities and counties through a local government fund - and then for the state in a separate account. Crane ran into trouble in 2008-2009 when the financial collapse diminished the value of mortgage-backed securities he had purchased on behalf of the local governments. For Crane, that meant an embarrassing headline/Marty Trillhaase, Lewiston Tribune. More here.

Question: Am I the only one who thinks it's time to send Treasurer Crane packing?




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D.F. Oliveria
Dave Oliveria writes the Huckleberries Online Blog for North Idaho readers and the Huckleberries print column.

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