AP Exclusive: Reid got $1M in land sale

[shield772]

AP Exclusive: Reid got $1M in land sale - Yahoo! News

WASHINGTON - Senate Democratic Leader Harry Reid collected a $1.1 million windfall on a Las Vegas land sale even though he hadn't personally owned the property for three years, property deeds show. In the process, Reid did not disclose to Congress an earlier sale in which he transferred his land to a company created by a friend and took a financial stake in that company, according to records and interviews. The Nevada Democrat's deal was engineered by Jay Brown, a longtime friend and former casino lawyer whose name surfaced in a major political bribery trial this summer and in other prior organized crime investigations. He's never been charged with wrongdoing — except for a 1981 federal securities complaint that was settled out of court.

[xyzer]

I just saw this on another site...shield
BREITBART.COM - AP Exclusive: Reid Got $1M in Land Sale
Shocking violation of ethics. Evidently when called by the press hung up on them...
Do you think this ethics violation will get the play the foley case did? Will it affect the coming election? Are other Democrats involved? Who knew about this and didn't report it?

[shield772]

Quote by: xyzer I just saw this on another site...shield BREITBART.COM - AP Exclusive: Reid Got $1M in Land Sale Shocking violation of ethics. Evidently when called by the press hung up on them... Do you think this ethics violation will get the play the foley case did? Will it affect the coming election? Are other Democrats involved? Who knew about this and didn't report it?

Well it's not breaking news (I thought it was) :rolleyes:

[lsbskins1]

The DailyKos calls it "absolute crap". Daily Kos: The latest Reid hit piece

I don't see the problem. He disclosed ownership, there was no legislation he was a part of that caused the price to go up and he paid his taxes. Are you claiming it is unethical to make a profit on an investment? What is the crime you see?

[shield772]

Quote by: lsbskins1 The DailyKos calls it "absolute crap". Daily Kos: The latest Reid hit piece I don't see the problem. He disclosed ownership, there was no legislation he was a part of that caused the price to go up and he paid his taxes. Are you claiming it is unethical to make a profit on an investment? What is the crime you see?

Have I claimed it to be crime ? No I have not, it is however a violation of congressional ethics regulations, and why would he not disclose what was happening if it wasn't illegal? This is my question and my problem and it should be yours.

[lsbskins1]

He did not disclose the status change in ownership, nothing more. He and his partner owned the land in about a 75/25 split initially, as individuals. It was reclassified as an LLC, with a 75/25 split. The taxes he owed would be the same in either set up. He paid the right taxes. He left his ownership more transparent by not calling up the ethics committee and changing how it was listed.

Again, what did he do that was damaging to the public trust in ANY WAY?

[bishop]

i don't know any of the specifics of this case, but reid does have the appearance of someone with skeletons in the closet.. it would be quite damning for him to have broken any laws, especially given all of his heated rhetoric about the culture of corruption.

and that said, there's that ripe scent of stupidity again.... judging by xyzer's smilie, one would think that he thinks this is good news.. after all, why else post a smilie over a story of a politician who potentially broke the law? the only reason is some pathetic, partisan hail mary, hoping that the revelation of scandals amongst democrats somehow means that the republicans are virgin saints.

[shield772]

And what would be the reponse had this been a republican senator in his parties highest leadership position?

[bishop]

you mean like the investigation that happened a while ago over frist's dealings?

for the overwhelming majority, all of these scumbags are corrupt - and none of these scandals are surprising. instead, it's depressing how so many people continue to support their corrupt asses.

[shield772]

Reid to reimburse campaign for donations - Yahoo! News

WASHINGTON - Senate Democratic leader Harry Reid has been using campaign donations instead of his personal money to pay Christmas bonuses for the support staff at the Ritz-Carlton where he lives in an upscale condominium. Federal election law bars candidates from converting political donations for personal use. Questioned about the campaign expenditures by The Associated Press, Reid's office said Monday his lawyers had approved them but he nonetheless was personally reimbursing his campaign for the $3,300 he had directed to the staff holiday fund at his residence. Reid also announced he was amending his ethics reports to Congress to more fully account for a Las Vegas land deal, highlighted in an AP story last week, that allowed him to collect $1.1 million in 2004 for property he hadn't personally owned in three years.

Lets see how we dismiss this away.

[bishop]

i'm not interested in dismissing anything - hopefully you aren't using this as a means to dismiss the loads of scumbag republicans who've already been indicted or have yet to be indicted...

reid also has some other scandal on the back burner.. something about his voting over boxing regulations i think.

[lsbskins1]

Here is how I dismiss it away. Reid is a jaywalker (maybe he knew damn well he was crossing illegally, maybe the person he was walking with told him it was ok to cross and he believed them). Delay and Cunningham and Abramoff and the lot held up a friggin bank. You tell me who you, as a police officer, are going to be more concerned with stopping? This is all pitiful really. The Republicans are reduced to pretending that if a Democrat jaywalks after expressing disgust with bank robbery, then the Democrat is a hippocrit. What a joke.

[bishop]

reid is a scumbag in his own right... delay and cunningham are worse scumbags, but they're still members of the scumbag species.. i'd rather see all of them booted out of congress, and tossed in prison assuming that they've broken the law.

and it seems that mr. reid's problems continue to grow.. congress doesn't make enough money, so they need constant pay raises for their corrupt asses.. and even that isn't enough.. now, they're taking campaign contributions and using it for their own lavish lifestyles..


AP: Reid used campaign funds for Christmas bonuses - CNN.com

Senate Democratic leader Harry Reid paid cash for a $750,000 condo at the Ritz-Carlton where he lives. But when it comes to giving the doorman and other support staff Christmas bonuses, he's been using campaign donations instead of his own money. Federal election law bars candidates from converting political donations for personal use. Questioned about the campaign expenditures by The Associated Press, Reid's office said Monday his lawyers had approved them but he nonetheless was personally reimbursing his campaign for the $3,300 he had directed to the staff holiday fund at his residence.

[lsbskins1]

He threw his staff a party and used campaign funds to do it. He did not "enrich himself". Compare like to like. There are examples of Democratic corruption out there. This does not come close to the crap the Republicans have been pulling. Give him a jaywalking ticket. I don't give a shit if the people who voted him in throw him out on his ass. But, again, it's jaywalking in comparrison. Abramoff really did enrich himself. Delay opperated like the worst kind of extortionist. Cunningham sold his votes. Reid threw a Christmas party with campaign funds. Not even close. Desperation on the part of Republicans.

[shield772]

Abramoff is not now nor has he ever been an elected official, cunnigham, delay, and foley all resigned, they did the honorable thing in the end and are facinf the music for their actions, reid on the other hand has the exact same attitude you all have, well it's nothing compared to what the republicans did, well I don't accept it, you can't play high and mighty when you yourself are violating congressional rules and ethics and federal election laws, he needs to resign also. Look at what happened to Trent Lott and what he was run out of the leadership for and people (democrats) were calling for his resignation from congress wasn't a violation of any law or congressional rule. It's hippocrisy and I have no tolerance for it.

[bishop]

But, again, it's jaywalking in comparrison.

it seems to me that both you and shield are the ones making comparisons in order to excuse the behavior of your favored parties.. i could be wrong, but that's definitely how these responses seem..

toss out all of the corrupt scumbags i say.. to hell with which party they belong to.

[shield772]

Quote by: bishop it seems to me that both you and shield are the ones making comparisons in order to excuse the behavior of your favored parties.. i could be wrong, but that's definitely how these responses seem.. toss out all of the corrupt scumbags i say.. to hell with which party they belong to.

I agree, but in my posts I am trying to point out the hypocrisy of the Democrats.

[bishop]

they're all hypocrites.. that's no surprise.

[johnwk]

Reid got $1M in land sale


In 1984 Congressman George Hansen went to prison and paid $40K for violating Congress's financial-disclosure laws, even after he had amended his filings to reflect his real financial dealings involving $300,000.

Senator Harry Reid, like Congressman Hansen, has now been found out to have not disclosed his financial dealings under Congress’s financial-disclosure laws regarding a sale in which land was transferred to a company created by a presumed friend . The deal is said to have netted over $ 1 MILLION in profit for Reid, far more than what Rep. Hansen went to jail for.

Is it not a matter of equal application of the law that Senator Reid be tried for his criminal conduct and sent to jail?

Unfortunately, what the American people don’t know is after the Hansen fiasco took place, an unwritten law on Capitol Hill seems to have been created, which is not always followed, but its effect is those found out for their corruption are in all likely hood assured no criminal charges will be brought and their punishment is nothing more than public ridicule with the possibility they may not be re-elected. Amazing how the scum on Capitol Hill protect their own…Republicans and Democrats.


JWK


The servant has become the master over those who created a servant and the new servant pays tribute by taxation to a gangster government which ignores our most basic laws…our constitutions, state and federal.

[lsbskins1]

As a police officer, do you pursue, with equal vigor and sense of urgency, the "crimminal" who jaywalks and the armed robber? Would you support for re-election a DA who's office spent as much money and resources going after people who had not paid all their parking tickets as it did prosecuting rape cases.

Your indignation at the hippocracy of me and other democrats is noted. It is noted and not taken seriously. Are you aware of the little extortion ring Delay and Abramoff were running, together? Do you know the facts of the case? Put on the scales of justice, Reid would be launched into orbit when the damage to the public caused by those "honorable" guys flung him upward with an equal and opposite amount of force. And not one of them quit because they felt ashamed. They quit because the people on their team forced them to quit in an attempt to salvage some level of public good will.