Libs and Dems, why is Bush framing Sen. Harry Reid (D-NV) for nepotism? To take the focus off of Mark Foley?

Answer 1

I just sent emails to Senate Ethics committee demanding an in-depth investigation into all of Reids financial dealings. The man is dirty through and through and needs to resign.

I also copied ABC, CBS, NBC, CNN and MSNBC asking that they do an investigation since the senate is going to cover up for harry, and told them I want to see this on the news 24/7 since this is far worse than what foley did.

Please join me in this email campaign.

Thanks

Answer 2

Oh yeah, Bush made him do it.

Ethics experts question Reid's 'informal' land deal
10/12/2006



WASHINGTON - 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.


In the process, Reid did not disclose to Congress an earlier sale in which he transferred his land to a company created by a friend and took a financial stake in that company, according to records and interviews.


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 prior organized crime investigations. Brown has never been charged with wrongdoing - except for a 1981 federal securities complaint that was settled out of court.


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. One of the sellers was a developer who was benefiting from a government land swap that Reid supported. The seller never talked to Reid.


In 2001, Reid sold the land for the same price to a limited liability corporation created by Brown. The senator 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.

After getting local officials 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.


The complex dealings allowed Reid to transfer ownership, legal liability and some tax consequences to Brown's company without public knowledge but still collect a seven-figure payoff nearly three years later.


Senate ethics rules require lawmakers to disclose on their annual ethics report all transactions involving investment properties - regardless of profit or loss - and to report any ownership stake in companies.


At a news conference Wednesday in Las Vegas, the senator said he believed he did nothing wrong but was willing to change his ethics report's account of the sale if the Senate ethics committee ordered him to do so.


"Everything I did was transparent," Reid said. "I paid all the taxes. Everything is fully disclosed to the ethics committee and everyone else. As I said, if there is some technical change that the ethics committee wants, I'll be happy to do that."


Reid's aides said that no money changed hands in 2001 and that Reid instead got an ownership stake in Brown's company equal to the value of his land. Reid continued to pay taxes on the land and didn't disclose the deal because he considered it a "technical transfer," they said.


The aides also said they have no documents proving Reid's stake in the company because it was an informal understanding between friends.
The 1998 purchase "was a normal business transaction at market prices," Reid spokesman Jim Manley said. "There were several legal steps associated with the investment during those years that did not alter Sen. Reid's actual ownership interest in the land."


http://snipurl.com/yupj

Answer 3

Oh, good one. Now it's the President's fault that the Granny Clampett look-alike from Nevada turned out to be just another Democrankie Party fraud and crook. Drink your Kool Aid.

Answer 4

Speaking of GOP crooks. Oops!

http://news.yahoo.com/s/ap/20061013/ap_on_go_co/ney_corruption

Answer 5

here's a better question. will sen. harry reid, democrat, be convicted for his federal crime?

Answer 6

You sound surprised

Answer 7

When will you learn, Bush is a thick pig sh!t and doesn't do anything unless he is instructed to do so by his superiors at Haliburton!

Answer 8

because Jack Abronoff just took another republican congressman down with him. Another chair open for elections...woo hoo!!