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Floatin dirty
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The Absent-Minded Chairman

Charlie Rangel wins the personal lottery.

When normal people happen to "find" their own money, it might mean a twenty left in a winter coat, or discovering change beneath the sofa cushions. But if you're Charlie Rangel, it means doubling your net worth.
Earlier this month the Chairman of the tax-writing Ways and Means Committee "amended" his 2007 financial disclosure form—to the tune of more than a half-million dollars in previously unreported assets and income. That number may be as high as $780,000, because Congress's ethics rules only require the Members to report their finances within broad ranges. This voyage of personal financial discovery brings Mr. Rangel's net worth for 2007 to somewhere between $1.028 million and $2.495 million, while his previous statement came in at $516,015 and $1.316 million.
When you're a powerful Congressman and working diligently to increase tax rates to pay for President Obama's health-care plan, we suppose it's easy to lose track of one of your checking accounts. That would be the one at the federal credit union with a balance somewhere between $250,001 and maybe as high as $500,000. And when you're crunched for time and pulling together bills to pass in a rush, we guess, too, that you might overlook several other investment accounts, even if some of them are sizable, such as the ones Mr. Rangel missed at JP Morgan, Merrill Lynch, Oppenheimer and BlackRock.
Oh, and those vacant properties in Glassboro, in southern Jersey? Everybody in Manhattan tries not to think much about New Jersey, so those lots and their as-much-as-$15,000 value must also have slipped down the memory hole. (The New York Post reported yesterday that Mr. Rangel failed to pay property taxes for two of the lots, according to the county clerk's office.)
View Full Image



Associated Press





The Chairman probably isn't doing a lot of dining at KFC, Pizza Hut, Taco Bell or Long John Silver's, either, which may explain why he didn't disclose the $1,001 to $15,000 in stock he owns in Yum Brands, the conglomerate that runs those chain restaurants. Compared to his undisclosed portfolio stake in PepsiCo—$15,001 to $50,000—that's practically a rounding error.
All lawmakers amend their financial reports from time to time, though rarely are the errors this extensive. Via email, a Rangel spokesman declined to offer details about how the errors occurred, noting that "Once the Ethics Committee completes its work, then we can answer questions in more detail." He added that Mr. Rangel is now "confident that his records have been subjected to an exhaustive and complete review, and that the amendments accurately reflect his financial interests."
Among other issues, Mr. Rangel is currently under investigation regarding his use of four rent-stabilized apartments at New York City's tony Lenox Terrace and soliciting donations with his official letterhead for the Charles B. Rangel Center for Public Service at City College of New York, which was itself built with a $1.9 million earmark. Yet another part of the probe is his failure to report $75,000 in income from a rental villa at the beachfront Punta Cana Yacht Club, in the Dominican Republic.
Mr. Rangel blamed that last one on the language barrier because he doesn't speak Spanish. We can only imagine what language he speaks with his accountants and tax attorneys.
 

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Floatin dirty
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Discussion Starter #3
I believe that he is under investigation but with all the power and control at the top level, it will get swept under the rug like the others. What's funny, some years back I forgot to list $30 of interest income on my tax return and 3 years later the IRS sent me a bill for $300 which now inluded penalties and interest accrued. I paid it to avoid any hassle but look at these guys getting away with these hude amounts of unreported income and the only main identifiable connection seems to be that they are democrats. :)bulb
 

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Premium Member
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No, not a one. You can't be a liberal without lying.:)sphss:)devil


BTW they are democrats, they are far from being democratic.
 

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"On the road again..."
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C'mon, Charlie is so busy working for the public good he doesn't even keep track of money......He's all about compassion for the less fortunate.:)sphss:|err
 

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No, not a one. You can't be a liberal without lying.:)sphss:)devil


BTW they are democrats, they are far from being democratic.

LOL! Andrew Wilkow said something funny on his radio/xm show today:

" Trying to grasp the thoughts of a Liberal is like trying to grasp Jello in your hand. It just oozes out before anything. It's like seepage, Infact Liberals are like seepage, kinda like seepage under a dumpster, Dumpster juice! Thats it! Liberals are dumpster juice!"

:D
 

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The Absent-Minded Chairman

Charlie Rangel wins the personal lottery.

When normal people happen to "find" their own money, it might mean a twenty left in a winter coat, or discovering change beneath the sofa cushions. But if you're Charlie Rangel, it means doubling your net worth.
Earlier this month the Chairman of the tax-writing Ways and Means Committee "amended" his 2007 financial disclosure form—to the tune of more than a half-million dollars in previously unreported assets and income. That number may be as high as $780,000, because Congress's ethics rules only require the Members to report their finances within broad ranges. This voyage of personal financial discovery brings Mr. Rangel's net worth for 2007 to somewhere between $1.028 million and $2.495 million, while his previous statement came in at $516,015 and $1.316 million.
When you're a powerful Congressman and working diligently to increase tax rates to pay for President Obama's health-care plan, we suppose it's easy to lose track of one of your checking accounts. That would be the one at the federal credit union with a balance somewhere between $250,001 and maybe as high as $500,000. And when you're crunched for time and pulling together bills to pass in a rush, we guess, too, that you might overlook several other investment accounts, even if some of them are sizable, such as the ones Mr. Rangel missed at JP Morgan, Merrill Lynch, Oppenheimer and BlackRock.
Oh, and those vacant properties in Glassboro, in southern Jersey? Everybody in Manhattan tries not to think much about New Jersey, so those lots and their as-much-as-$15,000 value must also have slipped down the memory hole. (The New York Post reported yesterday that Mr. Rangel failed to pay property taxes for two of the lots, according to the county clerk's office.)
View Full Image



Associated Press





The Chairman probably isn't doing a lot of dining at KFC, Pizza Hut, Taco Bell or Long John Silver's, either, which may explain why he didn't disclose the $1,001 to $15,000 in stock he owns in Yum Brands, the conglomerate that runs those chain restaurants. Compared to his undisclosed portfolio stake in PepsiCo—$15,001 to $50,000—that's practically a rounding error.
All lawmakers amend their financial reports from time to time, though rarely are the errors this extensive. Via email, a Rangel spokesman declined to offer details about how the errors occurred, noting that "Once the Ethics Committee completes its work, then we can answer questions in more detail." He added that Mr. Rangel is now "confident that his records have been subjected to an exhaustive and complete review, and that the amendments accurately reflect his financial interests."
Among other issues, Mr. Rangel is currently under investigation regarding his use of four rent-stabilized apartments at New York City's tony Lenox Terrace and soliciting donations with his official letterhead for the Charles B. Rangel Center for Public Service at City College of New York, which was itself built with a $1.9 million earmark. Yet another part of the probe is his failure to report $75,000 in income from a rental villa at the beachfront Punta Cana Yacht Club, in the Dominican Republic.
Mr. Rangel blamed that last one on the language barrier because he doesn't speak Spanish. We can only imagine what language he speaks with his accountants and tax attorneys.
Has this type of corruption always been happening or are we really going down the $hitter? How can we bombard the mainstream media with this type of info so they Know we know they are not reporting on it?
 

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Has this type of corruption always been happening or are we really going down the $hitter? How can we bombard the mainstream media with this type of info so they Know we know they are not reporting on it?


Beck is reporting on this stuff but he's marginalized by cnn and the like. He's even had major sponsors pulled because of it. Check him out on fox.
 

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G/B is bad a$$, right to the point and holds no punches. Go Glenn Beck. :)devil


And to answer the question.............NO!!!!!!!!!!!..........They don't know how to tell the truth.
 

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Premium Member
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Beck is reporting on this stuff but he's marginalized by cnn and the like. He's even had major sponsors pulled because of it. Check him out on fox.

E mail his sponsors, I did.:D
 

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E-7 Sheepdog (ret)
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Wonder how much cash is in Charlie's freezer. ;)
 

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@ The Islander
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Does ANY polititical figure tell the truth from ANY party? I think they're all a bunch of liars!
 
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