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| -Lurid Crime Tales- |
| Congresswoman Funneled $294,245 in Campaign Cash to Herself |
| 2013-10-22 |
| Rep. Grace Napolitano (U know the party-CA) has bagged at least $294,245 since 1998 by loaning her congressional campaign money at interest rates up to 18%--a scheme that effectively funneled campaign contributor donations directly into her personal bank account. Income reporting? Any taxes paid on that money ? The self-loan ruse was exposed Sunday night during a joint investigation by 60 Minutes and Government Accountability Institute (GAI) President Peter Schweizer based on Schweizer’s forthcoming book, Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets. Easily mitigated with term limits. After numerous attempts to interview Napolitano, Kroft finally confronted her outside a Hispanic Caucus meeting. 60 Minutes has turned on the Party. MSM scales falling away. “She told us that as a woman and a minority, banks wouldn’t lend her money, so she had to withdraw $150,000 from an investment account to lend it to her campaign,” said Kroft. Quickly pulled the minority victim card did she ? Kroft then questioned why she would charge 18% interest. “That’s what the Mafia gets,” said Kroft. Steve, just think of it as a 'reverse mortgage' on America. “It isn’t like I’ve really profited,” said Napolitano. “I still live in the same house. I drive a small car. I am not a billionaire, or a millionaire, for that matter.” |
| Posted by:Besoeker |
| #4 |
| Posted by: Raj 2013-10-22 17:57 |
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| Posted by: Pappy 2013-10-22 17:32 |
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| Posted by: DarthVader 2013-10-22 13:46 |
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| Posted by: Procopius2k 2013-10-22 13:46 |