Pelosi And Other Dems Violate the Law

Hey folks,

Here is something for the Mass Media Drones to ignore. Until they have to report it due to the "new media" reporting it. Here is how it’s most likely going to go. The New media will be all over it. The MMD? Most likely will just wave it off as an "oversight" and find something else to attack the President with. Some other "injustice" of the war. Or, down play it, saying everybody does these things. No big deal.


It turns out that Speaker Nancy Pelosi, Rep. Rahm Emanuel of Illinois, and Sen. Evan Bayh of Indiana, have failed to disclose they are officers of family charities. They are sitting on a lot of money. Now why would they do this? Not only is this a way to hide money, but it’s a violation of law. Non to mention, a violation of ETHICS.

According to USA Today,

WASHINGTON — U.S. House Speaker Nancy Pelosi and two other prominent Democrats have failed to disclose they are officers of family charities, in violation of a law requiring members of Congress to report non-profit leadership roles.

Rep. Rahm Emanuel of Illinois, the fourth-ranking House Democrat, and Sen. Evan Bayh of Indiana also did not report they serve as family foundation directors, according to financial disclosure reports examined by USA TODAY.

All three foundations are funded and controlled by the lawmakers and their spouses, and do not solicit donations from outside sources.

It other words folks, they control the money. This is not new. 16 other lawmakers from both parties hold similar positions. So what is the problem? They REPORTED it. Not reporting it, like these three have failed to do, violates the law, gives an appearance of impropriety, and could also be tax evasion.

According to the second article,


Rep. Rahm Emanuel made millions as an investment banker. Sen. Evan Bayh had leftover cash after two successful campaigns for Indiana governor. House Speaker Nancy Pelosi's husband, Paul, became wealthy investing in real estate and technology firms.

It was with this money that each of these Democrats started a charitable foundation.

Emanuel, Bayh and Nancy Pelosi are officers of the foundations that carry their names but failed to disclose the fact on their annual financial disclosure reports filed with Congress. Tax records show the foundations donated mostly to hometown charities that reflect the lawmakers' personal and political attitudes. None of the foundations received donations from outside sources.

They made their money. Then they create these "Charitable Foundations" as a way to avoid big tax bills. They give some away to this group or that, to APPEAR they are doing something good, but in reality, it is THEIR money. They are just hiding it. This is done all the time. Not just politicians, but a lot of the wealthy do these things. But for them to do this and then NOT report it?

The Senate passed an ethics bill earlier this month that would boost penalties for knowingly filing false financial disclosure statements.

"Despite all the ethics reforms, there's still no enforcement," said Melanie Sloan, a former federal prosecutor and head of the liberal-leaning Citizens for Ethics and Responsibility in Washington.

Filing a false report could be prosecuted as a felony, Sloan and Brand said, but prosecutions are rare. Last year, then-Senate Majority Leader Bill Frist failed to report his role in a family charity. He updated his disclosure form and wasn't punished.

So what is their response to this? "Oh it was just an "over sight." No big deal. We will just go back a rewrite it. We got caught, no problem." {Sigh}

Pelosi spokesman Brendan Daly said Friday the speaker will amend her reports. He said it "was an oversight" that she had not listed her position dating back to 1992.

Bayh spokeswoman Meghan Keck said it was "simply an oversight" that he did not disclose his charity role. Bayh has since amended his reports, Keck said.

Emanuel, chairman of the House Democratic Conference, does not believe the law requires him to disclose his foundation post, spokeswoman Kathleen Connery said. "We believe we're following the instructions of the (ethics) committee exactly right, but if we're not, we'll amend our report," she said.

Pelosi had NOT listed her position dating back to 92? OH you can’t do that? {laughing} Translation time folks, we tried to cover it up. We got caught, now we are going to re-write history. The norm for the LWL.

If the headline read, "{Any Three Top Republican Names Here} Violated The Law By Attempting to Hide Money, Could Be Guilty Of Tax Evasion," It would be reported COMPLETELY differently. Front page. All the shows. Then you would most likely have the call for hearings. Since it’s Pelosi? Well, I guess we’ll see.
Peter

Sources:
USA Today- Pelosi, two other Democrats failed to disclose roles in family charities
USA Today- Democrats put own money into charitable foundations