[Timber Rattler]

Former democRat mayor of Harrisburg, Pennsylvania, who built and furnished the National Civil War Museum using public funds, quite illegally.

More.

Hundreds of items removed from Gettysburg store as part of investigation of Stephen Reed

[Old Sarge]

Sounds like another northeastern Mayor-For-Life.

Odds on whether he runs after this is over?

[LadyBuck]

Oddly, no mention of his party affiliation in the story, unless I missed it

[from occupied ga]

I knew he had to be a democrat since his party affiliation wasn't mentioned.

MSM "journalism" rules:

1. If a black criminal commits a crime the race is omitted from the description.
2. If the criminal is white, then race is mentioned
3. If a democrat commits a crime no mention of party affiliation is made
4. If a republican commits a crime, the party affiliation is mentioned at least once, and several times if possible.

[Liz]

Did Democrat Reed use bond issues to finance the city's projects?

REFERENCE--A muni-bond expert recently exposed bond financing schemes (in Chicago) as a house of cards.....bond documents to uncover taxpayers paying billions for greedy politicians' shady financial legerdemain: including using long-term financing to cover day-to-day expenses, using bonds to pay pension obligations, and, misappropriating returns from the interest rate swap portfolio as an “ATM” for the city.

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Bonding is eternal taxation----the insider deals bonding companies made w/ shady pols to get bonding business would tell a tale of greedy pols accumulating riches through massive govt corruption.

If these bonding deals were effectuated by way of referendum at the ballot box----and misled investors into buying tax-fee muni bonds----the SEC would be interested.

EMAIL enforcement@sec.gov

Massive govt corruption might include forgery, falsification of official records, fraudulent state budget entries, tax evasion, illegal wire-transfers, misuse of public office.

Tax-exempt municipal bond investors (including public education bond investors)-- have legal grounds to sue if they were deceived about deceptive bond offerings. In many cases, bond issues are approved by voters---at the ballot box--so that voters may have also been misled WRT uses of fraudulent bond offerings.

Also culpable are:

<><> bonding companies underwriting possible fraudulent bond issues;

<><> banks holding possibly fraudulent bond proceeds;

<><> State/city's modus operandi in allocating tax-exempt bond proceeds,

<><> the sub rosa acceptance of bond proceeds.

<><> state/city vendors accepting possible fraudulent bond proceeds.

<><> publicly-funded state/city agencies advocating the uses of fraudulent bond proceeds.

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The SEC, FBI, banking overight agencies, and the IRS, would be interested in the activities of state/city entities WRT bonding.

EMAIL---FBI TIPS PAGE https://tips.fbi.gov

EMAIL--enforcement@SEC.gov

Contact the IRS Fraud Unit

EMAIL Banking oversight agencies

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Taxpayers should find out which banks are facilitating this.
<><> Which banks are designated the repositories of municipal tax dollars.
<><> Which banks are dispensing tax-exempt bond proceeds.

more below

[kevkrom]

Title and excerpted paragraphs didn’t mention party affiliation, so I immediately knew he was a Democrat.

[oh8eleven]

He's been a Dem almost since birth. From Wikipedia:

• Graduated high school 1967 ... he went on to attend Dickinson College. He did not graduate from Dickinson [Probably attended just to dodge the draft].
• Reed headed the Teenage Democrats of Pennsylvania, was Vice-President of the College Young Democrats of Pennsylvania