Protect and Defend

Welcome to my blog, Protect and Defend. You don’t have to understand me. You only have to agree with me. I can live with losing the good fight, but I can not live with not fighting that good fight at all. - Publius

Wednesday, October 18, 2006

Where is the news coverage?

Reid to Reimburse Campaign for Payments

The Associated Press, Tuesday, October 17, 2006

WASHINGTON -- Senate Democratic leader Harry Reid paid cash for a $750,000 condo at the Ritz-Carlton where he lives. But when he gave Christmas bonuses to the doorman and other support staff, he used 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. His office said he got the money to buy the Ritz condo from an earlier house sale.
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.
In that matter, the senator hadn't disclosed to Congress that he first sold land to a friend's limited liability company back in 2001 and took an ownership stake in the company. He collected the seven-figure payout when the company sold the land again in 2004 to others…
Reid labeled the AP story as the "latest attempt" by Republicans to affect the election. AP reported last week that it learned of the land deal from a former Reid adviser who had concerns about how it was reported to Congress…
Federal election law permits campaigns to provide "gifts of nominal value" but prohibits candidates from using political donations for personal expenses, such as mortgage, rent or utilities for "any part of any personal residence."
The law specifically defines prohibited personal use expenses as any "obligation or expense of any person that would exist irrespective of the candidate's campaign or duties as a federal officeholder."…
On the land dealings, Reid announced Monday he had failed to disclose two other transactions on his prior ethics reports and would account for those on his amended reports along with the 2001 sale…

To me this isn’t such a big story. I am sure all Congressmen make some shady deals and I am sure all Congressmen use campaign contributions for things other than their campaigns. But what was interesting what that Reid blamed the allegations on Republicans and accuses the Associated Press of conspiring against him when it was actually one of his staff members. You can decide on you own how a federal employee has $750,000 in cash to purchase a condo which “Reid's office said he paid cash for the condo, tapping a money market fund worth between $500,000 and $1 million in proceeds from an earlier sale of a home.”

2 Comments:

Blogger Truth-Pain said...

I linked up to a post about this clown. He is the biggest of hypocrits. After railing against the culture of corruption in the GOP he doesnt have the sack to own up to his own failings. But hey,... its the Party of the Dailey machine in Chicago, vaulting JFK to the presidency in 1960... that surely was not corrution, correct?

Wed Oct 18, 11:23:00 AM  
Blogger Publius said...

I really don’t have anything against Reid personally, and like I said, I figure every Congressman does some shady deals. I don’t support Reid though because he was a strong supporter of amnesty for illegal aliens, so it would be nice if this story stops him from getting reelected.

Wed Oct 18, 11:04:00 PM  

Post a Comment

Links to this post:

Create a Link

<< Home