Republican Caucus Returning Contribution From 1Point

Wednesday, October 11, 2006

The Tennessee Republican Caucus said it is returning a campaign contribution from the 1Point firm that is currently in bankruptcy.

The Hamilton County Schools are among apparent victims of the firm and are on the hook for $100,000.

The group said in a statement:

"The Tennessee Republican Caucus recently found that we received a political contribution of $1,000 on January 8, 2003, from a Political Action Committee named 1Point PAC which made various federal, state, and local political contributions. The Tennessee Republican Caucus is a Joint Caucus comprised of both the Senate Republican Caucus and the House Republican Caucus.

"A review of available political contribution disclosures shows that virtually all contributions to 1Point PAC were made by Barry Stokes, treasurer of 1Point PAC and owner of 1Point Solutions, or by one of the business entity predecessors of 1Point Solutions which Stokes controlled since 2001. These contributions from 1Point PAC are among more than $158,441 in contributions associated with Barry Stokes from 2001, when he first acquired 1Point, until the most recent disclosure reporting period.

"Recent news coverage and at least four ongoing legal proceedings allege that there may be missing retirement funds which may have been diverted from 401(k) plans held in trust by 1Point Solutions.

"Because of the very real possibility that the Tennessee Republican Caucus may have received money stolen from these pension funds, Republican Leadership has placed that political contribution money in escrow to be returned to its rightful owners subject to the determination of Federal Court.

"Our Caucuses want no part in receiving stolen pension funds - or any other stolen money or goods for that matter.

"A Trustee, either in Bankruptcy Court or in one of the Courts hearing the ongoing civil and possibly criminal cases, has been or will be appointed to determine what happened to any missing funds and to whom any funds that can be recovered should be returned. We wish to do our part in assisting them in recovering any such funds.

"Our Caucus has a demonstrated history of doing the right thing, such as asking and encouraging members to resign when they are indicted for corruption and returning money later determined to have come from a truly questionable source. We plan to continue this tradition.

"We urge everyone who has received contributions from Stokes and/or 1Point PAC to do the right thing and place any funds in escrow so that those funds also are available to be returned to the rightful owners pending action in Federal Court."


22 County Mayors Across East Tennessee Endorse Randy Boyd For Governor

Randy Boyd announced Wednesday that nearly two dozen county mayors from across East Tennessee have endorsed and are already working in support of his Republican campaign for governor.   Mr. Boyd is the only gubernatorial candidate from East Tennessee. More than 40 percent of the projected 2018 Republican gubernatorial primary vote is expected to come from East Tennessee.  ... (click for more)

Former Corrections Officer Arrested, Charged In TBI Misconduct Case

Special agents from the Tennessee Bureau of Investigation have obtained indictments for a former Clay County corrections officer accused of inappropriately touching an inmate. At the request of 19 th  District Attorney General John Carney, TBI agents began investigating Spencer Mason, on March 9. During the course of the investigation, agents developed information that, ... (click for more)

Life For Our Ancestors In 1890

May 26-27 is the 1890’s Day Jamboree in Ringgold. I encourage any reader to attend and enjoy that wonderful community. I love having grown up in Northwest Georgia and celebrating our veterans, including both of my grandfathers who served in WWII.  But I also want to describe how the 1890’s were for my ancestors, living here in a singularly turbulent time. Based on, among ... (click for more)

Roy Exum: My Life With 007

I was 13 when the first of 24 James Bond movies came out and, at a time when my sap was just beginning to rise, I will never forget Ursula Andress stepping out of the sea wearing that white bikini. Our hero walks over to the dripping Honey Ryder – that was her name in “Dr. No” – and she says in the Swiss accent, “Are you looking for shells too?” And the first classic reply of thousands ... (click for more)

McCallie Edges Briarcrest 1-0 On Costo's Sacrifice Fly In Seventh

MURFREESBORO, Tenn. – McCallie’s Corbin Brooksbank and Briarcrest’s Connor Shamblin locked up in an old-fashioned pitcher’s duel Tuesday night in the TSSAA Division II-AA state baseball tournament. Through six innings there wasn’t a crooked number to be seen on the scoreboard. Brooksbank, a Vanderbilt signee, stopped the Saints on five hits. Shamblin went into the seventh ... (click for more)

GPS Erupts To Blast Briarcrest, 10-0, In D-II Softball

MURFREESBORO – The GPS softball team seemed to be in some kind of lethargic funk at the start of their game with the Briarcrest Lady Saints, but they finally got their act together in time for a 10-0 six-inning win in the opening round of the Division II state softball tournament at Starplex Field No. 3 Tuesday evening. The Bruisers had cruised to a doubleheader sweep of Harpeth ... (click for more)