Mayor Mike Pushes Ethics Waaaay Back!
by Steve-O
Some people watch NASCAR, I watch City Hall. That’s not a judgment of the sport, it just fits into my schedule a little better. And it moves a lot slower.
Otherwise, they are a lot alike – the competition, the intrigue, the spectacle, the fiery crashes. Like NASCAR, a lot of interesting stuff happens in the pits, and if you aren’t watching, you might miss it.
Unlike NASCAR, it’s harder to identify who the sponsors are. Mike Moncrief doesn’t wear the logos of the people who pay his way like Dale Junior or Jimmie Johnson do.
This much we do know: if Mayor Mikey were a NASCAR driver, his number would be No. 1. And his sponsorship would include Chesapeake Energy, XTO, Devon and Range Resources, among others.
No. 1 because Mike is all about Mike. And we know Mike’s sponsors because of information from the Mayor’s financial disclosure appeared in the Startlegram yesterday. The minimum value of his lease or royalty agreements with 55 oil and gas companies, including major players in the Barnett Shale such as Chesapeake Energy, XTO, Devon and Range Resources came to $633,000. Nineteen of those deals were worth more than $25,000 in calendar year 2007. Oh, and then there’s the small matter of the XTO stock owned by Moncrief’s wife. Those shares – between 500 and 999 of ‘em – are valued between $32,370 and $64,675 at Wednesday’s closing price of $64.74.
How much do his holdings really amount to? We don’t know because the Mayor ain’t talking. He’s released the bare minimum amount of information, and he’s not obligated to release more.
But just with that bit of information, two statewide ethics experts told the Star-Telegram what I have been saying for months – at the very least, the appearance of impropriety exists and Mayor Mikey shouldn’t vote on any natural gas drilling issues.
But here’s where it gets funny – the city attorney’s office released a statement saying that no conflict of interest exists. Go back to being the head cheerleader for the gas drilling industry, Mr. Mayor.
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Photo of Fort Worth Police Officers at Mayfest 2007 by
So, who’s the bad guy in this whole Eighth Avenue debacle?



