UPDATE: Sink calls Scott deceptive, irresponsible for ‘scaring our retirees’by Dara Kam | September 28th, 2010
UPDATE: A spokesman for Rick Scott’s campaign responded to Alex Sink’s rant about her GOP opponent Scott’s attack ads, paid for by the Republican Party of Florida.
“As the St Petersburg Times reported, CFO Sink never declared a potential conflict and supported a no-bid contract to her former employer. Instead of looking for a correction from the St Petersburg Times, Sink is trying to draw attention from valid questions over her integrity and competence,” Scott campaign spokesman Joe Kildea said in an e-mail.
As far as her accusation that Scott is scaring pensioners, Kildea wrote: “She is trying to draw attention away from the facts (as reported in the St Pete. Times)”
Chief Financial Officer and Democrat governor hopeful Alex Sink went on a rant in response to questions about her GOP opponent Rick Scott’s attack ads accusing her of benefiting from a no-bid contract that went to her former employer and being responsible for the state pension fund’s $23 billion loss three years ago.
“You know that’s ridiculous,” Sink, a trustee along with Gov. Charlie Crist and Attorney General Bill McCollum of Florida’s State Board of Administration, which handles pension funds for state and municipal workers.
“The whole market almost collapsed. Everybody’s 401K took a dive. And the good news is that independent authorities call the Florida pension fund one of the strongest investment pension funds in the country.
We are one of the strongest public pension funds in the country. He is out there scaring our retirees into thinking that their pensions are at risk. He’s irresponsible and shouldn’t be doing it.”
Sink was even more incensed over an ad accusing her of voting to give former employer Bank of America a no-bid contract when she may have held stock in the company. The Republican Party of Florida paid for both of the television ads.
“This ad is total lies, just like he played in the Republican primary,” Sink said. Scott defeated GOP primary opponent McCollum after spending $50 million of his own money, much of it on attack ads.
Sink said nearly 40 companies made proposals to the state Division of Bond Finance to get the contract and that the Florida Cabinet voted to award it to Merrill Lynch based on the division staff recommendations.
“The more important issue for the people of Florida is to know this: that in order to avoid any appearance of any conflict of interest when I ran for CFO four years ago I made the pledge that I was going to put any stock assets that I had into a blind trust just to avoid any thought that there was any conflict of interest,” Sink told reporters after this morning’s Cabinet meeting.
“All we hear from him is negative ads, negative advertising. The facts of the matter is that Floridians that I talk to have a lot of questions about his honesty and his integrity and they are questioning his fitness to be the governor of the state of Florida,” she went on.
When asked if Scott was a liar, Sink hesitated.
“He’s deceptive,” she said.
Tags: 2010 campaigns, 2010 elections, 2010 governor's race, Alex Sink, Florida Cabinet, Florida governor's race, governor's race, pension fund, pensions, retirees, Rick Scott, SBA, State Board of Administration