Posted on 11/29/2017 11:52:20 AM PST by PBRCat
Gutierrez told the Chicago Sun-Times on Tuesday that he and his wife bought a home for more than $1 million last year in Dorado, on the northern coast of Puerto Rico. He said they’re renting out the property now but it will “probably be our house that we live in” at some point.
“I’m going to be active in the politics of reconstruction of my island, because I love that island,” he said, noting that he had a plane ticket to leave Sunday for his fourth trip to Puerto Rico since Hurricane Maria devastated the tropical U.S. commonwealth in September.
“I love my people,” Gutierrez added. “I’m committed to them.”
Gutierrez, who turns 64 next month, reported investments worth a total of between $1,325,022 and $2,975,000 at the end of 2015. That amount — which did not include his home in his 4th Congressional District — ranked 147th among the 435 House members, the Center for Responsive Politics said.
For years, Gutierrez invested heavily in Chicago’s residential real estate market, moving repeatedly as he made hundreds of thousands of dollars buying and selling homes in the city.
Although he described himself as a “walking open book,” he added, “It’s not important to look at what somebody is doing and what they’re buying. Big deal.”
Assuming Gutierrez completes this final term in Congress in January 2019, he would have served 25 years in Washington and be eligible for a full pension of about $67,860 per year.
How dare you question the Honorable Congressman’s thrift? He has a shrewd eye for investment. Or, as we say in Chicago: “I seen my opportunities ‘n’ I took ‘em.”
It’s expected fer a man to have his duke inna tambourine... just don’t get caught.
Did you embezzle money? How to make money in politics...
He was helped by his Democratic friends in the Assessor’s office who mistakenly undervalued his properties, so messy things like real estate taxes did not interfere with his profits too much.
One of the more infamous episodes was the Assessor failing to increase the assessment on a three story building and Luis kept paying low taxes on a parcel listed as being a vacant lot.
Yes, he was, but he was able to give up cab driving when Mayor Harold Washington groomed him for a spot on the City Council and appointed him to a city commission with a salary before the aldermanic election.
Imagine being a poor passenger stuck in a taxi cab with Guitierrez as the foul mouthed driver!
This has always been his ruse to fool the dupes. He poses as the Progressive radical fighting against the Man. When it comes down to dollars and cents, however, he is in bed with the Man while the dupes are being robbed blind.
Although he described himself as a “walking open book,” he added, “It’s not important to look at what somebody is doing and what they’re buying. Big deal.”
Translation: I'm as crooked as the day is long and I don't want you doing a "deep dive" on my life.
One Suntimes link says Luis will live in Puerto Rico. Another says he will run for President.
The Constitution says the President and VP cannot be from the same state. That implies they must be from a state and not a commonwealth. But literally must a President be from a state?
Plus - Little Looie only paid $260 in property tax! The palace was on the Cook County books as a Vacant Lot! Wait until Looie starts his Puerto Rico Real Estate Development Corp.
Dat’s Da Chicago Way!
Criminals with million dollar houses question trump who earned his money
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