Huge Campaign Finance Violation Raises Questions about Ritter's Public Oversight

Whoops! Gov. Bill Ritter's campaign warchest is facing a serious violation to the tune of nearly a quarter million dollars:

Gov. Bill Ritter paid more than $200,000 in campaign expenses out of his inaugural account in violation of campaign-finance laws, his office announced today as March disclosures come due.

Ritter has put up his home as collateral on a $200,000 loan to repay the misspent funds, his staff said.

Former campaign manager Greg Kolomitz — who also oversaw the inaugural fund — is to blame, said Jim Carpenter, Ritter's chief of staff.

Ritter took responsibility for loose oversight, and the matter is now in the hands of the secretary of state and the Denver district attorney, staff said.

If this is the kind of oversight Bill Ritter gives to his own campaign funds, what does that say about his ability to manage how billions of taxpayer dollars are spent?