Posted on 12/09/2008 5:43:41 PM PST by NormsRevenge
WASHINGTON – The House ethics committee is expanding an investigation of Rep. Charles Rangel, chairman of the tax-writing Ways and Means Committee. The ethics panel issued a statement Tuesday saying it had voted to expand an already far-ranging probe into the New York Democrat to examine whether he protected an oil drilling company from a big tax bill when the head of that company pledged a $1 million donation to a college center named after the congressman.
The move means the Rangel inquiry will likely stretch well past early January, when House Speaker Nancy Pelosi, D-Calif., had previously said she expected the matter to be resolved.
(Excerpt) Read more at news.yahoo.com ...
that is why I am against naming things after people who are alive because at a later time they can be found criminal
Unless the ethics truce between ‘Rats and Pubbies on the Hill has been axed, nuthin’s gonna come of this....
ha ha, DemocRAT culture of corruption!!
How did that Pelosi scum ever manage to tar only the Republicans with her “culture of corruption” brush??
Oh, that’s right, the Republicans are alwasy in BOHICA mode and the Mediascum usually lap up whatever the Democrats want to feed them.
Pick a person who has been in GovT service over 10 years and they see nothing wrong with getting ahead for free!
Congressman Charles B. Rangel
http://rangel.house.gov/
Just one more looney tune of a character in Pelosi’s and Reid’s most ethical CONgre$$ ever.
Headline missing the usual from our MSM,,,”Democrat”.
Racism.
Rangel,Waxman,Reid,Frank, I swear anytime I see one of them I think the muppet show is back on!
The investigation shouldn't take more than 15 minutes before they have enough to put the POS in jail-but that ain't ever gonna happen either!
Geesh.....just think of about 3/4's of them...and you have the whole friking muppet show.
All of them are poster boys/girls for TERM LIMITS!!!!
Cong Rangel, Democratic chair of the powerful House Ways and Means Committee took a "homestead" tax deduction meant for year-round DC residents - though he legally resides in New York.
Rangel paid no taxes on his luxe property in the Caribbean;
Has four rent-stabilized apartments (one is a campaign office);
Improperly stored his car in a House parking garage;
The NY Times reported oil-drilling businessman Eugene Isenberg made a $1 million pledge toward building The Rangel School for Public Service at City College of New York…. Rangel later preserved a controversial offshore tax loophole that saved millions for Isenberg's company. The Isenberg-Nabors deal is, potentially, far more serious: It reeks of a quid pro quo between Rangel's official duties and fund-raising for his personal project. The Times reported that Rangel held meetings the same day, at the same hotel, with Isenberg to discuss the CCNY project and then with Nabors' chief lobbyist on the tax loophole.
Has multiple ties with tax-exempt foundations that smell to high heaven.
===========================================
Rangel’s pricey real estate deals are entwined with his financial connections to several tax-exempt entities.
The IRS says the biggest potential for IRS fraud are tax-exempt non-profits doing deals with other tax-exempt non-profits----all posing as do-gooder "foundations" and “charities.” The NY Post reports at least three tax-exempt entities connected to Rangel‘s finances:
(1) The Charles B. Rangel Center for Public Service (Rangel co-opted $2 million via Capitol Hill allocations, plus another $700,000 from Dept of HUD),
(2) The NY Carib News Foundation (organized financing for Rangel’s island-hopping luxe Caribbean trips),
(3) (3) The Ann S. Kheel Charitable Trust---supposedly aids "disadvantaged neighborhoods" gave $440,000 to The Charles B. Rangel Center (the largest single donation in the charity's 4-year history). Theodore Kheel, Esq, VP of Grupo Punta Cana Operating Company, (mortgage holder on Rangel’s luxury villa), donated $17,000 to Rangel's congressional campaigns and $52,000 to a Rangel-run political action committee since 1990, federal filings show. (Ann Kheel is his late wife).
The "tax-exempt Carib News Foundation" subsidized Rangel’s trips to luxury island resorts---perfect places to hide money from the taxman.
The published list of known money-laundering havens includes Panama, the Bahamas, the Cayman Islands, the Cook Islands, Dominica, the Marshall Islands, Nauru, Niue, Panama, the Philippines, St. Kitts, Israel, and the Grenadines. Suspected tax havens include Cyprus, Gibraltar, Monaco, and Antigua.
Suspected tax fraud and tax law violations can be reported to IRS TOLL-FREE 1-800-829-0433 (You may remain anonymous).
Coincidence?
Not!
And Rahm has fingerprints all over this little scandal, as well.
When their beloved President-elect is getting tarred over his state’s Governor, it’s apparent the agenda is dead on arrival and there will be drumbeats of Democrat corruption (and rightfully so).
Couldn’t happen to a nicer scumbag shyster.
And, yes, I know that’s racist.
Rangel! Halliburton! Big Oil!
Wouldn’t it be ironic if the college center was part of the criminal justice department?
Gee, that would be nice.
Good thinking on your part---I'll hold that thought (snicker).
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