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Al Franken: Air America Founder 'A Crook'
NewsMax.com ^ | Aug. 9, 2005 | Carl Limbacher

Posted on 08/09/2005 8:11:21 AM PDT by Carl/NewsMax

Liberal yakker Al Franken blasted the man who founded his Air America radio network as "a crook" on Monday - even as he laughed off the financial scandal that continues to dog his broadcast.

After weeks of on-air silence about an $875,000 loan that Air America finagled from a Bronx community group that serves poor kids and Alzheimers patients, Franken was finally forced to discuss the scandal when a caller asked him to explain.

"Here's the deal," the Air America host said. "The first guy who was chairman of the board of Air America - Evan Cohen - was a crook, it turns out. I mean, I guess that's the only way to put it."

Explaining Cohen's role in ripping off the kids' club, Franken suddenly turned giddy.

"He borrowed $875,000," he said, erupting in laughter. "I don't know why they did it and I don't know where the money went."

Franken said he "imagines" that the funds earmarked for childrens' programs were instead "used for operations" at Air America, which was strapped for cash at the time.

"[Cohen] was robbing Peter to pay Paul," he explained.


TOPICS: Front Page News
KEYWORDS: airamerica; airenron; alskanken; cohen; corruptdems; crook; franken; liberaltalkradio
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To: Do not dub me shapka broham

I didn't even know they did news - or was it radio. I have a difficult time with my temper when I tune in communist media.


101 posted on 08/09/2005 11:54:11 AM PDT by Lady Jag (Honor - Dignity - Courage)
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To: softwarecreator
And Drudge has turned into nothing but a fluff website. The fact that he is also burying this story should make him ashamed.

Exactly. I just visited Drudge -- and he shows Mick Jagger blasting Bush, a pregnant Britney Spears on her yacht, and brags that his website shows on a magazine cover. No wonder he's getting less hits.

102 posted on 08/09/2005 11:57:37 AM PDT by Minnesocold (Truth itself is the one enemy against which liberalism cannot prevail. -Christopher Adamo)
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To: Minnesocold
Here's the top stories on Drudge:

If I didn't know better, I would think I was at a liberal site, like DU

103 posted on 08/09/2005 12:19:44 PM PDT by softwarecreator (Facts are to liberals as holy water is to vampires)
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To: Choose Ye This Day

The clip is here.

http://www.audioblogger.com/media/33871/227055.mp3


104 posted on 08/09/2005 12:24:32 PM PDT by Pessimist
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To: martin_fierro

That's just perfect! That picture should be the official graphic for the Err America investigation. Brilliant!


105 posted on 08/09/2005 12:49:06 PM PDT by Piranha
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To: Carl/NewsMax; ChadGore; nutmeg; Rosemont; bray; TC Rider; Lady Jag; Russ_in_NC; Stew Padasso; ...

Here's how to get the job done. Because some of the NYC money given Gloria Wise involved federal funds, the The U. S. Attorney for the Southern District of New York ought to start an investigation.

ACTION PROJECT ONE

HERE'S THE INFO ON THE US ATTORNEY'S OFFICE
David N. Kelley
US Attorney, Southern District of New York
Address: One St Andrews Plaza
Room 619
New York, NY 10007
Phone: (212) 637-2200
Fax: (212) 637-2239

Other Offices:

US ATTORNEYS OFFICE SOUTHERN DISTRICT OF NEW YORK
District Courthouse, 3rd Floor
300 Quarropas St
White Plains, New York 10601-4150
(914) 993-1907




NOTE: Libstripper did an incisive analysis of the fraud that should be used when approaching authorities, as follows: There's a lot here for the feds to get involved in. First of all, there's a good chance that a lot of the money NYC doled out to Gloria Wise was Federal money. If so, it's Federal money that was being stolen. The IRS has a lot to be interested in. Gloria Wise is a 501(c)(3) public charity.


Its directors and officers are prohibited by the U. S. Internal Revenue Code from engaging in self dealing. Evan Montvel Cohen, the development director of Gloria Wise, was also the founder of Air America; he worked for and authorized the $800,000 of "loans" to Air America.



Even if they were bona fide loans, that would still raise serious issues of self dealing as far as Cohen and Gloria Wise are concerned and, at a minimum, would jeopardize Gloria Wise's tax exempt status. However, it's highly doubtful that the $875,000 was ever loaned by Gloria Wise to either Air America or Cohen; rather, it was probably stolen.


As of now there's no indication that Gloria Wise took any of the normal due diligence steps generally necessary to support such a loan, including: (a) obtaining a business plan from Air America, (b) getting a promissory note at a market interest rate, (c) obtaining a security agreement, and (d) getting personal guarantees from Air America's principals. Absent such conventional loan paper work, it looks strongly like Gloria Wise embezzled the money from NYC grants and Air America knowingly, through Cohen, its agent and founder, stole the money from Gloria Wise and used it.

Since NYC probably got a lot of that money initially from the Federal government, The U. S. Attorney for the Southern District of New York ought to start an ivestigation.


The situation is just about as bad with Cohen personally, since it's likely that Gloria Wise provided him with medical insurance to cover his cancer treatments and the $35,000 "loan" was actually a personal embezzlement.

RE: Gloria Wise Boys & Girls Club, Inc.
950 Baychester Avenue
Bronx, NY 10475
PHONE: 718-320-7267
FAX: 718-320-3952


ACTION PROJECT TWO


RE: Gloria Wise Boys & Girls Club, Inc.
Educational Program Sites
MS 113--Richard R. Green Educational Complex
Principal: Janet Sanderson
MS 142--John Phillip Souza Middle School
Principal: Alan Borer


The NYC Department of Investigations is also looking into diversion of funds from the Pathways for Youth Boys & Girls Club, an affiliate of the Gloria Wise club. According to the web site, Pathways has requested $206,872 for its Century Community Learning Centers Program grant award under the No Child Left Behind Act.......President Bush's favored program. The US Department of Education better be examining that request very carefully.



CONTACT Toll-free hot line to the U.S. Department of Education's Inspector General's office if you have reason to suspect any fraud, waste or abuse involving federal aid funds. You may remain anonymous if you wish.


Call 1-800-MIS-USED (1-800-647-8733).


ACTION PROJECT THREE


Aside from city, state and federal grants, Gloria Wise Boys & Girls Club receives the generous support of benefactors including the Charles Hayden Foundation, Con Edison, the Butler Foundation, Metropolitan Life, Pinkerton Foundation, Calder Foundation, and New York Community Trust.
These organizations also need to be investigated to determine is money-laundering was taking place, whereby monies earmarked for Gloria Wise were partially deposited in Gloria Wise accounts, and the remainder fraudulently converted the deposited offshore out of sight of the IRS, SEC, and US bank laws.


The IRS has received numerous complaints that non-profits---particularly foundations----are being used to run just about every kind of off-the-books accounting fraud. Concerns have also been raised that the IRS has been stymied in its efforts to penalize organizations’ falsified tax documents and official financial instruments to cover-up theft, and the failure of individuals to report stolen money as income.

Nonprofits, institutes, think tanks, authorities, trusts, unoins, and foundations, have the potential for, and may, in fact, be major money laundering conduits. They wrap themselves in high-sounding causes while perhaps engaging in activities that are fraudulent and benefit insiders at the expense of law-abiding Americans.


TO REPORT TAX FRAUD PHONE TOLL FREE 1-800-829-0433


106 posted on 08/09/2005 12:53:37 PM PDT by Liz (You may not be interested in politics; doesn't mean politics isn't interested in you. Pericles)
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To: ChadGore

"In his stump speech, John Edwards is fond of empathizing with the plight of a 10-year old girl 'somewhere in America,' who goes to bed 'praying that tomorrow will not be as cold as today, because she doesn't have the coat to keep her warm.'

http://www.marginalrevolution.com/marginalrevolution/2004/02/coatless_girl.html

Well, now we *know* why she doesn't have a coat.


107 posted on 08/09/2005 1:05:32 PM PDT by Fido969 ("Character, character, character" - J.F. Kerry)
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To: Always Right
This face would never lie.

"I know noothing...breakes out in hysterical laughter.

108 posted on 08/09/2005 1:12:02 PM PDT by bill1952 ("All that we do is done with an eye towards something else.")
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To: Billthedrill

I wanna see an AirAmerica perp walk. I want to see alfranken in cuffs and jenine Gawdawefulhole in shackles being stuffed into a cruiser.


109 posted on 08/09/2005 1:24:23 PM PDT by Holicheese (Timmy like windmills!)
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To: bill1952

bttt


110 posted on 08/09/2005 1:26:35 PM PDT by ChadGore (VISUALIZE 62,041,268 Bush fans.)
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To: Carl/NewsMax

Why should franken be mad at him, he was just being a democrat; or was it that franken wasn't cut in on the take.


111 posted on 08/09/2005 1:33:25 PM PDT by RJS1950 (The rats are the "enemies foreign and domestic" cited in the federal oath)
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To: Rosemont

WHERE is Eliot Spitzer on this?


112 posted on 08/09/2005 1:39:42 PM PDT by Jazzman1
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To: bill1952

"My salary is payed by fraud"
113 posted on 08/09/2005 1:46:20 PM PDT by ChadGore (VISUALIZE 62,041,268 Bush fans.)
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To: Jazzman1
Re: WHERE is Eliot Spitzer on this?

It's his party that is corrupt. He's to close to the fraud to be an impartial prosecutor.

114 posted on 08/09/2005 1:47:57 PM PDT by ChadGore (VISUALIZE 62,041,268 Bush fans.)
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To: ChadGore

"Sorry kids, my 2 hooker a day habbit needs to maintained" (c)Al Franken

115 posted on 08/09/2005 1:50:47 PM PDT by ChadGore (VISUALIZE 62,041,268 Bush fans.)
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To: RJS1950

"Does this coat bring out the rose color in my glasses?" (c)Al Franken
"Screw kids and old people, i got 'needs' too" (c)Al Franken
116 posted on 08/09/2005 1:54:31 PM PDT by ChadGore (VISUALIZE 62,041,268 Bush fans.)
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To: Lady Jag; bad company; SunkenCiv; scross7

http://forum.protestwarrior.com/viewtopic.php?t=94206&sid=0a82e74b7898a78ca91b3d379a6aef83


117 posted on 08/09/2005 3:10:15 PM PDT by Do not dub me shapka broham ("I'm okay with being unimpressive. It helps me sleep better.")
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To: Carl/NewsMax

Explaining Cohen's role in ripping off the kids' club, Franken suddenly turned giddy.
"He borrowed $875,000," he said, erupting in laughter
............................................

Sound familiar? Everything that is serious or tragic to sane people makes kooky liberals giddy with pink. The same way posters spectre and moderman get "giddy" and tickled while cracking jokes at the expense of missing Aruba girl Natalee and her mother Beths anguish. Sick, liberals are mentally sick people searching for a vacant padded cell with a straight jacket to sleep in.


118 posted on 08/09/2005 3:15:07 PM PDT by SunnySide (Ephes2:8 ByGraceYou'veBeenSavedThruFaithAGiftOfGodSoNoOneCanBoast)
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To: Carl/NewsMax
"Giddy" up Al, you dumb azz
119 posted on 08/09/2005 3:16:58 PM PDT by SunnySide (Ephes2:8 ByGraceYou'veBeenSavedThruFaithAGiftOfGodSoNoOneCanBoast)
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To: atomicpossum
Even his denials are boring.

LOL!

120 posted on 08/09/2005 3:17:39 PM PDT by AmishDude (Join the AmishDude fan club: "ROFLOL!" -- tuliptree76)
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