GOP Group: Ex-Treasurer Diverted Up To $1M

Ulaven_Demorte

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The former treasurer for the National Republican Congressional Committee diverted hundreds of thousands of dollars -- and possibly as much as $1 million -- of the organization's funds into his personal accounts, GOP officials said yesterday, describing an alleged scheme that could become one of the largest political frauds in recent history.

For at least four years, Christopher J. Ward, who is under investigation by the FBI, allegedly used wire transfers to funnel money out of NRCC coffers and into other political committee accounts he controlled as treasurer, NRCC leaders and lawyers said in their first public statement since they turned the matter over to the FBI six weeks ago.

"The evidence we have today indicated we have been deceived and betrayed for a number of years by a highly respected and trusted individual," said Rep. Tom Cole (R-Okla.), the NRCC chairman.[...]

The committee also announced that it has submitted to banks five years' worth of audits and financial documents allegedly faked by Ward, some of which were used to secure multimillion-dollar loans. It is a violation of federal laws to obtain loans through false statements; the crime is punishable by up to $1 million in fines and 30 years in prison.

The magnitude of the alleged fraud staggered Republicans, who are bracing for the final accounting from the forensic audit in six to eight weeks. Many said they expect a total far greater than the minimum cited yesterday.

Can you say Embezzle? I knew you could. *chuckle* Who gets to put on the blue dress and pearls for the press conference of shame?
 
It appears that Barack Obama, allegedly decent guy and agent of "change" in Washington, requested an earmark in 2006 for $1 million taxpayer dollars for the hospital where his wife works.

Said hospital, by the way, gave Michelle Obama a huge raise (nearly $200,000, more than doubling her salary) in 2005 after Barack got elected to the United States Senate. Now, I know that there are lots of ways to talk about transactions like this involving public officials - quid pro quo, etc., but I prefer to call a crook a crook and just say that we're dealing with good, old fashioned, public corruption here.

I am having an especially hard time distinguishing Obama's actions here from those of, say, Duke Cunningham, who is currently in prison.


I suppose you might say that Obama injected some more efficiency into the process by eliminating the middle man, but while I'm a big fan of efficient markets, generally speaking, I happen to think that there should not be any sort of market at all for the votes of public officials. Perhaps these silly notions of ethical propriety are what Obama intends to "change" if he is elected President. If that's the case, I'll take the status quo, thanks. Without the quid.





He's gonna have to come up with a new slogan.
 
It appears that Barack Obama, allegedly decent guy and agent of "change" in Washington, requested an earmark in 2006 for $1 million taxpayer dollars for the hospital where his wife works.

Said hospital, by the way, gave Michelle Obama a huge raise (nearly $200,000, more than doubling her salary) in 2005 after Barack got elected to the United States Senate. Now, I know that there are lots of ways to talk about transactions like this involving public officials - quid pro quo, etc., but I prefer to call a crook a crook and just say that we're dealing with good, old fashioned, public corruption here.

I am having an especially hard time distinguishing Obama's actions here from those of, say, Duke Cunningham, who is currently in prison.


I suppose you might say that Obama injected some more efficiency into the process by eliminating the middle man, but while I'm a big fan of efficient markets, generally speaking, I happen to think that there should not be any sort of market at all for the votes of public officials. Perhaps these silly notions of ethical propriety are what Obama intends to "change" if he is elected President. If that's the case, I'll take the status quo, thanks. Without the quid.





He's gonna have to come up with a new slogan.

Still flogging that non-story? You should learn not to believe everything Michelle Malkin dribbles into your ear.

That hospital serves a massive amount of non-compensated Medicare and Medicade patients, along the lines of $90 million the year that construction money went through. The construction (a 600,000 sq foot facility) increased the not for profit Hospital's capacity by 1/3.

She received that nice little raise after being promoted to Vice President and her salary is comparable to the other 16 VP's at the Hospital. She had been working for that facility long before Barak became a Senator. But I'm sure she couldn't possibly have moved up without her husband's help. :rolleyes:

You're trying to link a bunch of non-related events and half-assed facts into a conspiracy of which Lovelynice would be proud. :rolleyes:
 
It appears that Barack Obama, allegedly decent guy and agent of "change" in Washington, requested an earmark in 2006 for $1 million taxpayer dollars for the hospital where his wife works.

Said hospital, by the way, gave Michelle Obama a huge raise (nearly $200,000, more than doubling her salary) in 2005 after Barack got elected to the United States Senate. Now, I know that there are lots of ways to talk about transactions like this involving public officials - quid pro quo, etc., but I prefer to call a crook a crook and just say that we're dealing with good, old fashioned, public corruption here.

I am having an especially hard time distinguishing Obama's actions here from those of, say, Duke Cunningham, who is currently in prison.


I suppose you might say that Obama injected some more efficiency into the process by eliminating the middle man, but while I'm a big fan of efficient markets, generally speaking, I happen to think that there should not be any sort of market at all for the votes of public officials. Perhaps these silly notions of ethical propriety are what Obama intends to "change" if he is elected President. If that's the case, I'll take the status quo, thanks. Without the quid.





He's gonna have to come up with a new slogan.
:D:D:D:D:D
 
Still flogging that non-story? You should learn not to believe everything Michelle Malkin dribbles into your ear.

That hospital serves a massive amount of non-compensated Medicare and Medicade patients, along the lines of $90 million the year that construction money went through. The construction (a 600,000 sq foot facility) increased the not for profit Hospital's capacity by 1/3.

She received that nice little raise after being promoted to Vice President and her salary is comparable to the other 16 VP's at the Hospital. She had been working for that facility long before Barak became a Senator. But I'm sure she couldn't possibly have moved up without her husband's help. :rolleyes:

You're trying to link a bunch of non-related events and half-assed facts into a conspiracy of which Lovelynice would be proud. :rolleyes:
Thx for the morning comics:D
 
One million

Chump Change

The KNEE GROW does it better

Senator Barack Obama on Thursday released a list of $740 million in earmarked spending requests that he had made over the last three years, and his campaign challenged Senator Hillary Rodham Clinton to do the same.

)



The list included $1 million for a hospital where Mr. Obama’s wife works, money for several projects linked to campaign donors and support for more than 200 towns, civic institutions and universities in Illinois.

Give $$$ to my STINKY CUNT or you are dead meat says OH!Bama!

an

OH!BAMANATION!!!!!!!!!!!!!!!
 
The list included $1 million for a hospital where Mr. Obama’s wife works, money for several projects linked to campaign donors and support for more than 200 towns, civic institutions and universities in Illinois.

A US Senator earmarked money for his OWN STATE???

AND Jesus? Still Jewish!
 
THE PUSSY

and

The COLORED MUSLIM CANDIATE

Thieves

Both of em

belong in a JAIL cell

TOGETHER

NORMAN HSU IS BACK IN COURT: "As the trial of embattled Illinois political insider Tony Rezko creates headaches for Sen. Barack Obama, the legal fate of Sen. Hillary Clinton's famously disgraced campaign financier is playing out as well. Norman Hsu, who on Feb. 28 pleaded not guilty to federal charges that he cheated investors out of $20 million, appeared in the Southern District of New York on Friday. There was no trial. Rather, the former Clinton backer and his lawyers were there to structure the process for upcoming legal proceedings." Hillary will love those
 
THE PUSSY

and

The COLORED MUSLIM CANDIATE

Thieves

Both of em

belong in a JAIL cell

Why don't you specifically outline exactly what Obama did involving Rezko that broke the law.

I want you to show me the exact incident that was specifically illegal in the real estate deal.
 
Why don't you specifically outline exactly what Obama did involving Rezko that broke the law.

I want you to show me the exact incident that was specifically illegal in the real estate deal.

I sure will

as soon as you can tell me how Bush was responsible for dragging the KNEE GROW behind a pick up truck!

or how Bush was RESPONSIBLE for Katrina;)
 
btw

Rezko is on TRIAL now

Im sure you will find out

soon enough

and if you are REALLY interested

and I know YOU are NOT

its ALL over the net:D
 
damn, busybody, there's froth a foot deep in here.
 
btw

Rezko is on TRIAL now

Im sure you will find out

soon enough

and if you are REALLY interested

and I know YOU are NOT

its ALL over the net:D

Ever wonder how a young man in his 40s who has been a public interest lawyer, and then a public servant, can afford to buy a house for $1.6 Million?

By god, it's the American dream!
 
I sure will

as soon as you can tell me how Bush was responsible for dragging the KNEE GROW behind a pick up truck!

or how Bush was RESPONSIBLE for Katrina;)

Well, to be fair, I've never made a statement that I thought Bush should be in jail.

I think he should stay in Crawford though. He seems to keep out of trouble down there.
 
Ever wonder how a young man in his 40s who has been a public interest lawyer, and then a public servant, can afford to buy a house for $1.6 Million?

By god, it's the American dream!

With low-interest loans in the last five years? I could buy a house in the states for $1.6 million. They would have probably let my cat co-sign.
 
With low-interest loans in the last five years? I could buy a house in the states for $1.6 million. They would have probably let my cat co-sign.

Maybe he got investing advice from Hillary. I hear she's a pro at the chicken futures market.
 
Ever wonder how a young man in his 40s who has been a public interest lawyer, and then a public servant, can afford to buy a house for $1.6 Million?

By god, it's the American dream!
COLORED CUNT doesnt believe in the American dream

but the NIGHTMARE
 
Well, to be fair, I've never made a statement that I thought Bush should be in jail.

I think he should stay in Crawford though. He seems to keep out of trouble down there.

Except when he's allowing the mentally handicapped to be executed.

The man was a fucking menace in Texas too.
 
One million

Chump Change

The KNEE GROW does it better

Senator Barack Obama on Thursday released a list of $740 million in earmarked spending requests that he had made over the last three years, and his campaign challenged Senator Hillary Rodham Clinton to do the same.

)



The list included $1 million for a hospital where Mr. Obama’s wife works, money for several projects linked to campaign donors and support for more than 200 towns, civic institutions and universities in Illinois.

Give $$$ to my STINKY CUNT or you are dead meat says OH!Bama!

an

OH!BAMANATION!!!!!!!!!!!!!!!
In case UD missed this:D
 
And THIS


THE PUSSY

and

The COLORED MUSLIM CANDIATE

Thieves

Both of em

belong in a JAIL cell

TOGETHER

NORMAN HSU IS BACK IN COURT: "As the trial of embattled Illinois political insider Tony Rezko creates headaches for Sen. Barack Obama, the legal fate of Sen. Hillary Clinton's famously disgraced campaign financier is playing out as well. Norman Hsu, who on Feb. 28 pleaded not guilty to federal charges that he cheated investors out of $20 million, appeared in the Southern District of New York on Friday. There was no trial. Rather, the former Clinton backer and his lawyers were there to structure the process for upcoming legal proceedings." Hillary will love those
 
I didn't miss anything Dizzy..

Would you care to hazard a guess at how much money was earmarked for President Bush's own pet projects over the same time period? Hell, or any Republican Congressman at random?
 
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