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View Full Version : Rangel 'forgot' he's actually $500,000 richer than he reported



red states rule
08-26-2009, 10:53 PM
The Chairman of the House of Representatives Ways and Means Committee - who writes the tax laws WE must folow - cant keep track of his own personal finances

And these clowns expect us to turn over the narions healthcare system over to them????



Rangel 'forgot' he's actually $500,000 richer than he reported
Rick Moran

Must be nice to forget you're a millionaire. But that's the problem poor little Charlie Rangel has because he says he "forgot" $500,000 in net worth when he filled out his disclosure forms required by law.

Richard Rubin and Alex Knott of Congressional Quarterly have the story:

House Ways and Means Chairman Charles B. Rangel , already beset by a series of ethics investigations, has disclosed more than $500,000 in previously unreported assets.

Among the new items on Rangel's amended 2007 financial disclosure report were an account at the Congressional Federal Credit Union worth at least $250,000, an investment account with at least $250,000, land in southern New Jersey and stock in PepsiCo and fast food conglomerate Yum! Brands. None of those investments appeared on the original report, which was filled out by hand and filed in May 2008.

According to the original report, Rangel's net worth was between $516,015 and $1,316,000, while the amended report showed his net worth, as of Dec. 31, 2007, roughly double that amount - at least $1,028,024 and as much as $2,495,000.

Rangel also revised his disclosed investment income from 2007. The original report showed he had received between $6,511 and $17,900, but the new report shows between $45,423 and $134,700. The report also includes eight previously undisclosed financial transactions.

House rules allow lawmakers to exclude their personal residences and report asset values within broad ranges.

Rangel's office and his lawyers did not respond Tuesday to requests for comment.

No, I don't imagine they want to comment at all. In fact, they probably hope the whole thing goes away.

Given Rangel's position as a leading liberal Democrat, I doubt whether he has anything to worry about.

http://www.americanthinker.com/blog/2009/08/rangel_forgot_hes_actually_500.html

actsnoblemartin
08-27-2009, 12:24 AM
what do you expect?

he is a rat basterd, I mean politician

same thing

:coffee:


The Chairman of the House of Representatives Ways and Means Committee - who writes the tax laws WE must folow - cant keep track of his own personal finances

And these clowns expect us to turn over the narions healthcare system over to them????



Rangel 'forgot' he's actually $500,000 richer than he reported
Rick Moran

Must be nice to forget you're a millionaire. But that's the problem poor little Charlie Rangel has because he says he "forgot" $500,000 in net worth when he filled out his disclosure forms required by law.

Richard Rubin and Alex Knott of Congressional Quarterly have the story:

House Ways and Means Chairman Charles B. Rangel , already beset by a series of ethics investigations, has disclosed more than $500,000 in previously unreported assets.

Among the new items on Rangel's amended 2007 financial disclosure report were an account at the Congressional Federal Credit Union worth at least $250,000, an investment account with at least $250,000, land in southern New Jersey and stock in PepsiCo and fast food conglomerate Yum! Brands. None of those investments appeared on the original report, which was filled out by hand and filed in May 2008.

According to the original report, Rangel's net worth was between $516,015 and $1,316,000, while the amended report showed his net worth, as of Dec. 31, 2007, roughly double that amount - at least $1,028,024 and as much as $2,495,000.

Rangel also revised his disclosed investment income from 2007. The original report showed he had received between $6,511 and $17,900, but the new report shows between $45,423 and $134,700. The report also includes eight previously undisclosed financial transactions.

House rules allow lawmakers to exclude their personal residences and report asset values within broad ranges.

Rangel's office and his lawyers did not respond Tuesday to requests for comment.

No, I don't imagine they want to comment at all. In fact, they probably hope the whole thing goes away.

Given Rangel's position as a leading liberal Democrat, I doubt whether he has anything to worry about.

http://www.americanthinker.com/blog/2009/08/rangel_forgot_hes_actually_500.html

red states rule
08-27-2009, 08:01 AM
what do you expect?

he is a rat basterd, I mean politician

same thing

:coffee:

The saddest part is that he can do that and get away with it. The Ethics Committee is run by Dems and they will not oust their own.

At least now, Charlie now qualifies for a job in the Obama administration since he is a proven ytax cheat