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| Democrats Keeping Madoff Money While Demanding The Return Of AIG Bonuses |
| 2009-03-25 |
| Democrats are Keeping Madoff Money While Demanding the Return of AIG Bonuses They Voted to Make Legal. You Can't Make This Stuff Up, Folks. Washington Times reporter and friend of RedState Amanda Carpenter has a front page story in tomorrow's paper on the Democrat Senatorial Campaign Committee's (DSCC) refusal to return $100,000.00 in donations made by disgraced and indicted ponzi schemer Bernard Madoff. The DSCC, led by Democratic New Jersey Senator Bob Menendez, received four payments of $25,000.00 from Madoff between 2005 and 2008, with the most recent coming in September of the latter year -- just three months before his $64 billion fraud was exposed. "We have not returned the money yet," Carpenter reports DSCC communications director Eric Schultz as telling The Washington Times, despite the fact that most "lawmakers quickly purged Madoff cash from their campaign accounts after the news broke in December that Madoff bilked his investors." The vast majority of that cash -- 88% of it -- was returned by Democrats, who benefited from Madoff's illegal dealings to the tune of $210,000.00 since 1991, according to the Center for Responsive Politics. "The couple donated $238,200 to federal candidates, parties and committees since 1991, and Democrats received 88 percent of those donations," Carpenter writes. "Madoff gave $11,400 to nine Republicans in the same time period." How ironic is this? A national Democratic campaign committee is holding on to donations tainted by the second-biggest known Ponzi scheme of the modern era (behind only Social Security), while Democratic members of Congress are bouncing off the walls in an effort to recoup bonuses paid to AIG executives that were not only legal, but that were legal only because Democrats voted to make them so, in the face of united Republican opposition. Seriously -- you can't make this stuff up. |
| Posted by:Lftbhndagn |