CULTURE OF CORRUPTION (You may check Citations)
CULTURE OF CORRUPTION …
$34,000: the amount of federal taxes that Secretary of the Treasury
Timothy Geithner (D) _failed to pay during his employment at the
International Monetary Fund_
despite receiving extra
compensation and explanatory brochures that described his tax
Aren’t they just having so much fun??
$75,000: the amount of money that the head of the powerful tax-writing
committee, Rep. Charlie Rangel (D-NY), was forced to report on his taxes
after the discovery that he _had not reported income from a Dominican
Republic rental property_
. His excuses for the failure started with
blaming his wife, then his accountant and finally the fact that he didn’t
$93,000: the INCREASE in the amount of petty cash each of our
_Congressional representatives voted to give themselves_
in January 2009
during the height of an economic meltdown. That’s a $40 + million
$133,900: the amount _Fannie Mae “invested” in Chris Dodd_
(D-CT), head of the powerful Senate Banking Committee, presumably to
repel oversight of the GSE prior to its meltdown. Said meltdown helped
touch off the current economic crisis. In only a few years time, Fannie
also “invested” over !
$105,000 in then-Senator Barack Obama.
$140,000: the amount of back taxes and interest that _Cabinet nominee Tom
Daschle (D) was forced to cough up after the vetting process revealed
significant, unexplained tax liabilities_
$356,000: the approximate amount of income and deductions that Daschle
(D) _was forced to report on his amended 2005 and 2007 tax returns after
being caught cheating on his taxes_
. This includes $255,256 for the use of a
car service, $83,333 in unreported income, and $14,963 in charitable
$800,000: the amount of “sweetheart” mortgages Senate Banking Chairman
Chris Dodd (D-CT) received from _Countrywide Financial_
, the details
for which he has refused to release details despite months of promises to
do so. Countrywide was once the nation’s largest mortgage lender and
linked to Government-Sponsored Entities like _Fannie Mae and Freddie
Mac_ (http://www.forbes.com! %20/feeds/a
fx/2009/01/28/afx5978423.html) . Their meltdown precipitated the current
financial crisis. Just days ago in Pennsylvania , Countrywide was forced
to pay $150,000,000 in mortgage assistance following “a state
investigation that concluded that Countrywide relaxed its underwriting
standards to sell risky loans to consumers who did not understand them
and could not afford them.”
$1,000,000: the estimated amount of _donations by Denise Rich, wife of
fugitive Marc Rich, to Democrat interests and the William J. Clinton
in an apparent quid pro quo deal that resulted in a pardon for Mr. Rich.
The pardon was reviewed and blessed by Obama Attorney General and then
Deputy AG Eric Holder, despite numerous requests by government officials
to turn it down.
$12,000,000: the amount of TARP money provided _to community bank
despite the fact that it did not qualify for funds, and was “under attack
regulators for allegations of poor lending practices and executive-pay
It turns out that Rep. Maxine Waters (D-CA), a _key contributor to the
Fannie Mae meltdown_ (http://directorblue.blogspot.com/2008/09/te!
just happens to be married to one of the bank’s former directors.
$23,500,000: The upper range of net worth Rep. Allan Mollohan (D-WV)
accumulated in four years time _according to?The Washington Post_
through earmarks of “tens of millions of dollars to groups associated
with his own business partners.”
$2,000,000,000: ($2 billion) the approximate amount of money that House
Appropriations Chairman David Obey (D-WI) is _earmarking related to his
son’s lobbying efforts_
. The son, Craig Obey, is “a top lobbyist for the
nonprofit group” that would receive a roughly $2 billion component of the
$3,700,000,000: ($3.7 billion) not to be outdone, this is the estimated
value of _various defense contracts awarded to a company controlled by
the husband of Rep. Diane Feinstein (D-CA)_
. Despite an
obvious conflict-of-interest as “_a member of the Military Construction
Appropriations subcommittee, Sen. Feinstein voted for appropriations
worth billions to her husband’s firms?_
$4,190,000,000: ($4.19 billion) the amount of money in the so-called
“Stimulus” package devoted to _fraudulent voter registration ACORN
?under the auspices of “Community Stabilization Activities”. ACORN is
currently the subject of a _RICO suit in Ohio_
$1,646,000,000,000 ($1.646 trillion): the _approximate amount of annual
United States exports_
endangered by the “Stimulus” package,
which provides a “Buy American” stricture. According to international
trade experts, a “_US-EU trade war looms_ (http://www.powerlineblog.com/!
/2009/01/022685.php) “: which could result in a worldwide economic
depression reminiscent of that touched off by the protectionist
_Smoot-Hawley Act_ (http://en.wikipedia.org/wiki/Smoot-Hawley_Tariff_Act)
It’s not just a culture of corruption; it’s a culture of corruption and
stupidity. In addition, these folks appear to be above the law. All of
aforementioned are still in office, ruling like the royalty they’ve
Remember: This all happened in just the FIRST QUARTER, folks!
What the heck are we doing?
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