Home
>
Political
>
Lets Make Some Things Clear about John Thune/Dan Nelson/MetaBank MetaGate

Lets Make Some Things Clear about John Thune/Dan Nelson/MetaBank MetaGate

Let's make one thing clear: This Dan Nelson Automotive fiasco is not the bloggers' fault, not KELOLAND's fault, not the Iowa Attorney General's fault, not my fault. Let's take a look.

There were THOUSANDS of complaints against DNA in Iowa to the Iowa AG. All of those people weren't Democrats.

"Buy here pay here" is a controversial means of selling people with distressed credit vehicles, particularly when interest rates are 25% in a time when interest rates in general are at historic lows. The Iowa AG's investigation apparently found not just smoke but fire at DNA.

John Thune had a close, long term relationship with Dan Nelson. Dan Nelson had a close, long term relationship with MetaBank's Tyler Haahr. Large loans that were made on the cusp of DNA's bankruptcy by MetaBank. John Thune sat on the Board of Directors at MetaBank at the time. There is an appearance of conflict of interest with Thune sitting on the board (where the buck literally stops) and Nelson. What we don't know is if Thune pulled any strings for Nelson. We're still trying to figure out if there is actual conflict of interest. That hasn't been proven or disproven yet.

Thune has denied he has pulled any strings for Nelson. That is yet to be proven or disproven.

The reporting on MetaGate, even by the Lefty blogs, has been almost exclusively based on public records and court filings. There is a paper trail and my buddies on the Left have simply followed it. Now, some of the SDMSM is also following it.

A formerly small, family owned Iowa bank could be in financial trouble because of its bad loans. The full extent of that trouble, if any, has not been determined yet.

This case is ultimately about Dan and John's own personal responsibility and DNA's and MetaBank's own corporate responsibility. I find it funny that some Republicans like John Thune are great about preaching responsibility but when things get a little hot that they are involved in, it is suddenly somebody else's responsibility. Like the bloggers. Geez.

Sen. Thune said in the Senate campaign that he was better than Tom Daschle because he "had the President's ear" on Ellsworth and generally had more clout. Then, when EAFB goes south, he suddenly has no clout and is no better than an unknown freshman Senator from a small state. He puts on this "oh poor me" act about having to throw hardballs at the President's head to get his attention on issues like the Bolton nomination and CAFTA. Again, geez.

Same with MetaBank. You have to imagine he was put on the MetaBank board because of his connections (former Congressman, Congressional lobbyist, former legislative lobbyist, former Senate staffer, former SBA staffer), ties to President Bush (convinced him twice to run for Senate), friendship with Nelson, and the distinct possibility that he would be the next U.S. Senator from South Dakota. Now, he says he's a Lee Harvey Oswald-like "patsy" who just went to a few meetings and lots of other people signed off on loans.

If Thune was put on the MetaBank board because of his friendship with Nelson, that in and of itself is not a problem. That is how business works. You scratch my back, I'll scratch yours. The problem is if Thune knew of the extent of Nelson's problems at DNA and whether he disclosed those problems to MetaBank when they were considering the loans.

Either Thune has clout and connections or he doesn't. He apparently turns his clout on and off like a faucet, depending upon the the political mess he is in.

Todd D. Epp is an attorney, Democratic activist, former broadcast journalist, and editor of "S.D. Watch" (http://thunewatch.squaresapce.com)

no-contract cleaning service Morton Grove ..

In The News:

Chrome faces its sixth zero-day attack in 2025 as Google patches critical V8 engine flaw CVE-2025-10585 discovered by Threat Analysis Group.

The Hypershell X Ultra exoskeleton features 12 terrain modes and carbon fiber construction to enhance hiking, cycling and outdoor adventures.

Personal data from public records and data brokers helps scammers create tailored scam stories, making their calls and emails more believable to potential victims.

Uber Eats partners with drone delivery startup Flytrex to test autonomous food delivery services in U.S. markets, marking the company's first investment in drone technology.

OpenAI announces 120-day plan to strengthen ChatGPT safeguards for teens, including parental controls and expert council on AI wellbeing.

Spam emails can help improve security — if reported correctly. Learn how to report spam across major email services and get key tips to protect your inbox and personal data.

Harvard researcher Avi Loeb says comet 3I/ATLAS weighs 33 billion tons and spans 3.1 miles, making it far larger than previous interstellar visitors.

The Glassboro Public School District in New Jersey has partnered with ZeroEyes and InformaCast to detect visible firearms and alert staff and law enforcement within seconds.

Hackers use fake Google search results to trick users into downloading lookalike apps laced with malware that have been pushed to the top.

Generative A.I. has lowered barriers for sophisticated cyberattacks as hackers exploit ChatGPT and other tools to forge documents and identities.

IOS 26's new features include bigger lock screen clocks, dirty lens alerts, and improved spam detection for iPhones.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Sophisticated phishing scams now exploit Apple's iCloud Calendar invite system to bypass spam filters and trick users into calling fake support numbers.

Complete guide to medication tracking apps for iPhone and Android users, featuring built-in Health apps, MediSafe, MyTherapy, and smart pill dispensers.

Alef Aeronautics plans to begin production of its electric flying car Model A by late 2025, following FAA approval for limited testing at five airport locations.

Five common overpayment scams use fake checks and third-party payment requests to steal money from unsuspecting victims across various scenarios.

The Robeta Ananya luxury camper van features a full living room, ceiling bed, washer-dryer, and complete kitchen starting at $295,000 for the limited Founders' Edition.

Scammers exploit retirees' trust and assets through fake debt collection calls, but proper verification methods and reporting can stop these fraudulent schemes.

Social media scams are rising as fraudsters create fake accounts and buy verification badges to deceive users, but these simple safety steps can protect you.

The new groundbreaking Paris Solar-Battery Park in Wisconsin provides renewable energy day and night by capturing excess energy from its solar panels.

Travelers face increased risks from fake Wi-Fi networks at airports and on flights as attackers exploit growing reliance on in-flight internet for entertainment and services.

Older Android phones, tablets and car systems will lose access to new Waze features as the app drops support for Android versions below 10.

Research shows iPhone owners' overconfidence in Apple security makes them easier targets for cybercriminals compared to Android users who take more precautions.

Five key tech terms reshaping online shopping from mobile payments and instant delivery to social media commerce and inventory-free retail models.

AI browsers from Microsoft, OpenAI and Perplexity can fall for scams faster than humans, completing fraudulent purchases and clicking malicious links without verification.

Lets Make Some Things Clear about John Thune/Dan Nelson/MetaBank MetaGate

Political