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Monday, October 16, 2006

 

Foley Scandal Pales in Comparison to Liberal Harry Reid Shady $1.1M Windfall Profit on Shady Land Deal 'No calls from liberals for Reid to RESIGN'

Liberal Senate Minority Leader Harry Reid recently hung up on an AP Reporter probing a $1.1 million dollar profit on that the democrat Senator made on land that he did not even own at the time.

The Strata-Sphere Blog with its recent post The Reid Kickbacks details a tremendous amount of damaging information, and if thing doesn't get picked up by the national media, especially the Fox News Channel, I'm going to explode. CNBC had a passing news story so far, but if the national media delays any further in its release, hell this might get released just days before the election.

Of course, this is a real liberal scandal right before an election. Where's ABC's Brian Ross when you need his lame liberal ass? Ross is only on scene when scandal hurts Republicans.

Of course, when liberals say that the media is bent Conservative this really tells the tale. Liberals leave no stone unturned when it comes to Foley, but when it comes to "Dingy" Harry and his scandal they can't even find Reid's stones, and according to The Strata-Sphere, there are sure a hell of a lot of them.

John Solomon's AP story "Senate Democratic Leader Harry Reid collected a $1.1 million windfall on a Las Vegas land sale even though he hadn't personally owned the property for three years, property deeds show," shows the latest democrat culture of corruption example with Reid's land deal by lying to Congress with his disclosures noting that he still owned the land when he didn't.

Solomon's story doesn't even explain the half of the wrongdoing of "Dingy" Harry Reid with his longtime friend Jay Brown, who is a casino lawyer and somehow mixed up in organized crime. My God, if Reid were a Republican, this would dwarf even the North Korean Nuclear Crisis, but no, since Reid is a liberal, it will not hardly get any news coverage. At least not until after the election.

We haven't even got to the dealings with Harry Reid's son, who is a Clark County Nevada Commissioner, and the underhanded dealings that he has engaged in, nor how Senator Reid manipulated the Interior Department to forego regulation protecting endangered animals and environmental protections.

My God, Reid is breaking every liberal commandment from hurting endangered animals to breaking environmental regulations just to make a quick buck, and he wants to be in charge of the Senate? Who are we kidding?

"The Nevada Democrat's deal was engineered by Jay Brown, a longtime friend and former casino lawyer whose name surfaced in a major political bribery trial this summer and in other prior organized crime investigations." Brown has only had a "1981 federal securities complaint that was settled out of court" so his record is clean, but Senator Reid has broken Federal Law by knowingly misinforming the Senate of his fraudlent land deal which can net him jail time if he were to be prosecuted. No wonder he wants to pay any fines so quickly.

This whole Reid mess really stinks, and it's a goddamn shame the liberal media is still talking about Foley, when the guy is gone. I'm quite confident that Rush Limbaugh and the Conservative Blogosphere are not going to let this Reid scandal go. The double standard between liberal democrats doing wrong and the liberal media not reporting their mess has got to stop. The AP started this, and by God Rush and the Conservative Blogosphere are going to finish it.

"Land deeds obtained by The Associated Press during a review of Reid's business dealings show: The deal began in 1998 when Reid bought undeveloped residential property on Las Vegas' booming outskirts for about $400,000. Reid bought one lot outright, and a second parcel jointly with Brown." Four years later, "in 2001, Reid sold the land for the same price to a limited liability corporation created by Brown" for the same price as he sold it. Look, land appreciates, and after four years, he should have made some interest in the land.

Here is where the fooling the Senate comes into play. Senator Reid "didn't disclose the sale on his annual public ethics report or tell Congress he had any stake in Brown's company. He continued to report to Congress that he personally owned the land" even when he knew he had sold the land. That breaks federal law, and we don't hear anyone calling for the liberal Reid's resignation or any investigation.

"After getting local officials [including Reid's commissioner son Rory] to rezone the property for a shopping center, Brown's company sold the land in 2004 to other developers and Reid took $1.1 million of the proceeds, nearly tripling the senator's investment. Reid reported it to Congress as a personal land sale."

And get this, democrat Senator Harry Reid, was able to ditch the most of the taxes due to the deals complexity, and still pocketed a cool mil. All of this took place three years after the land was sold by Dingy Harry and his wife.

Democrat Senator Harry Reid didn't even own the land, yet still pocketed a million bucks, he lied to Congress, and still the liberal media focuses their efforts on that Foley perv.

This will break soon.

Screw the Godless libs and the dem-leaning Mods!

Comments:
Last month, Republicans openly boasted that they would engage in a campaign of personal attacks and smears to hold onto power in Washington. In recent days, we witnessed their latest attempt to do just that.

“Republicans may believe in cover-ups. I believe in ensuring all facts come to light.

“Last week, a highly misleading report by the Associated Press implied that I made a profit selling land I no longer owned. That article was wrong. Here are the facts: I bought the land in 1998, I sold it in 2004, and I listed my ownership of the land on official Senate disclosure forms every single year.

“Now I have taken an additional step. Today, I directed my staff to file amended financial disclosure forms noting that in 2001, I transferred title to the land to a Limited Liability Corporation. As the amended forms make clear, this routine legal move in no way altered my actual ownership of the land. On each disclosure form after 2001, I have added a note to clarify that the land already disclosed in detail on those forms was owned by me through the LLC.

“The Ethics Committee has not yet advised me whether I should file these amended forms, but even if I am not required to do so I am happy to go beyond what is needed to provide the fullest disclosure. The amended forms make clear what was true all along – I owned the land through the LLC when I sold it in 2004.

“Also, in the course of preparing the amended disclosure forms, my staff has identified some clerical errors and two minor matters that were inadvertently left off my original disclosure forms. First, in 2004 I sold about one third of an acre in my hometown of Searchlight. Second, a quarter acre of land that I received from my brother in 1985 appreciated in value above the $1,000 reporting threshold at some point in recent years. Both of these items will be listed on my amended disclosure forms.

“Finally, I have acted today to respond to another issue some plan to raise. I have sent a personal check in the amount of $3,300 to my political campaign to fully reimburse the campaign for donations it made over several years to the employee holiday fund in my apartment building. These donations were made to thank the men and women who work in the building for the extra work they do as a result of my political activities, and for helping the security officers assigned to me because of my Senate position. The donations came from my campaign – no taxpayer dollars were ever involved.

“When the campaign first donated to the holiday fund, its experienced lawyer William Oldaker advised us that such donations were permissible. The campaign's current lawyer, Marc Elias, says the same thing. Nonetheless, I am reimbursing the campaign from my own pocket to prevent this issue from being used in the current campaign season to deflect attention from Republican failures.”

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More liberal hogwash.
 
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