Senator Barbara Boxer (D-CA) is Chair of the Senate Select Committee on Ethics. But it appears she still needs an ethics lesson. Boxer presided over a year-long investigation by the Senate Ethics Committee into whether two of her Senate colleagues, Christopher Dodd (D-CT) and Kent Conrad (D-ND), received preferential treatment from Countrywide Financial as part of the company’s “VIP” program. (Senate ethics rules prohibit members from receiving loan terms not available to the general public.) In fact, according to The Associated Press, during an Ethics Committee hearing Boxer asked “the bulk of the questions.”
the Obama Justice Department announced it will file no criminal charges against Ensign, while
the Federal Election Commission has also dismissed a related ethics complaint. If there is to be justice for Ensign, it will have to be up to the corrupt (see Boxer entry above) Senate Ethics Committee, which is still considering the charges against the Nevada Republican.
To this day, Barney Frank continues to defend his role in the meltdown of Fannie Mae and Freddie Mac, saying he was just as blindsided as the rest of America when the two government sponsored enterprises collapsed, triggering the financial crisis. Frank has been peddling this fiction ever since the economy collapsed in September 2008. But, as The Boston Globe reported in a devastating article published on October 14, 2010, not many people are buying Frank’s lies anymore. And Frank knows it. Here’s an excerpt from the Globe: The issue…in 2003 was whether mortgage backers Fannie Mae and Freddie Mac were fiscally strong. Frank declared with his trademark confidence that they were, accusing critics and regulators of exaggerating threats to Fannie’s and Freddie’s financial integrity. And, the Massachusetts Democrat maintained, ‘even if there were problems, the federal government doesn’t bail them out.’ Now, it’s clear he was wrong on both points… Frank wasn’t wrong. He was just lying through his teeth. Frank claims that he “missed” the warning signs with Fannie and Freddie because he was wearing “ideological blinders,” which was just his lame attempt to blame Republicans. But he did not miss them. According to evidence uncovered by Judicial Watch, he just chose to ignore them.
million, but a whopping $6 million in campaign cash to Blagojevich to secure the Senate seat!
of Blago’s plot to obtain a presidential cabinet position in exchange for appointing a candidate handpicked by the President. In fact, according to Harris’s court testimony, Obama sent Blagojevich a list of “acceptable” Senate candidates to fill his old seat. Obama was interviewed by the FBI even before he was sworn into office. He claimed he and his staff had no contact with Blagojevich’s office. Unfortunately federal prosecutors never called the President or his staff to testify under oath.
Forgetting to pay taxes on $75,000 in rental income he earned from his off-shore rental property. (Rangel was formerly in charge of the committee responsible for writing tax policy.)
Misusing his congressional office, staff and resources to raise money for his private Rangel Center for Public Service, to be housed at the City College of New York. (He also put the squeeze on donors who had business before his House Ways and Means Committee, and used the congressional “free mail” privilege to solicit funds.)
Misusing his residentially-zoned Harlem apartment as a campaign headquarters.
Failing to report $600,000 in income on his official congressional financial disclosure reports, which contained “numerous errors and omissions.”
It is worth noting that the Committee did not consider other serious corruption charges against Rangel. For example, it has been alleged that Rangel preserved a tax loophole for an oil company in exchange for a Rangel Center donation. The Committee also did not consider the charge that Rangel used improper influence to maintain ownership of his highly coveted rent-controlled apartment — the same apartment he improperly used for campaign activities. As this is Washington, politicians of both parties will pretend that censure is a serious punishment. But it is a “punishment” that simply requires Rangel to come to the well of the House and hear a disapproving statement read by lame-duck House Speaker Nancy Pelosi. In the real world, you get fired or thrown in jail for abusing your office and not paying your taxes.