Posted on 08/04/2005 8:34:57 AM PDT by Spaghetti Man
TRENTON, N.J. (AP) — Democratic gubernatorial candidate Jon S. Corzine loaned the president of New Jersey's largest state workers union $470,000 when the two were romantically involved about three years ago, then forgave the debt late last year, according to two published reports.
Corzine, New Jersey's senior U.S. senator, turned the 10-year mortgage into a gift to Carla Katz just a week after kicking off his campaign for governor and several months after the two stopped dating, The Star-Ledger of Newark and The New York Times reported in Thursday's newspapers. Katz is president of the Communications Workers of America, Local 1034.
(Excerpt) Read more at nj.com ...
How much did that union contribute to his campaign? If there's a quid pro quo here, make room in the penitentary.
That's some expensive..... (Oh, nevermind.)
Forgiving a debt like that is amounts to a gift, which is subject to gift taxes. What are the chances of that particular law being complied with, in this case?
The illegal money is always a "loan." A "loan" that is never paid off.
The Clintons went from dirt poor white trash to multi-millionaires thanks in part top such generous loans and other money laudering.
The union chick has videos evidently.
But I bet she got alot more than $470k out of him.
bttt
This guy has always been a slimebag.
Well, I guess you could call the IRS fraudline and hope that you could recover a part of the collected taxes as a "bounty."
yup , BTW , I've been lookin' for a nice GOP "sugar mama"[/srcsm]
I hope she paid her gift taxes like a good Democrat.
Tru luv, Democrat-style. How positively romantic in the vein of "Be still my heart" (/sarcasm).
Ugh, a sweaty, unattractive Dem politico with a bad combover paying money to his union chickadee. Let's see if the law regarding bribery and illegal contributions gets enforced THIS time. . .
These Democrats are always IN BED with the unions.
Unions and Democrats, Perfect Together. Filthy and corrupt to the core.
Is this bigger than what got the Torch tossed out of the Senate?
I don't think this is bigger then anything Torch did. IMHO the biggesty issue is having him negotiate a contract for NJ (supposedly representing the tax payers) while she is representing the largest state worker local.
so is there anything fishy enough to give us the Governorship?
I only wish.......
But thank God he's not coming out of the closet.
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