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View Full Version : Jesse Jackson Jr. had some cash flow problems



red states rule
02-17-2013, 05:55 AM
SO what is the big deal? The Jackson's ran their household budgets like Obama run the nation's budget. They were spending their way to prosperity and stimulation the US economy at the same time

OK now the sarcasm is off

But the liberal media will still try to spin how this is not the fault of the Jackson's just as nothing is Obama's fault




The allegations against the Jacksons represent a breathtaking scheme to re-appropriate donors’ money to finance trips and luxuries, pay bills and even send the couple’s children to school. Unlike many scandals that have ensnared elected officials, this brazen tale of personal enrichment doesn’t involve public money.

It’s a story of a Chicago power couple that lost track of the line between campaign cash and personal funds in a spiral of money troubles. The government will allege the Jacksons lied on campaign finance and House financial disclosure forms to cover up the fact that they were using campaign money to build a lifestyle way beyond their means. Federal investigators sank their teeth into the couple, even conducting an apparent sting operation in August 2012. An undercover employee bought two mounted elk heads that Jackson Jr. had bought from a Montana taxidermist with campaign funds.

The $750,000 in alleged misspent campaign funds included thousands of individual transactions that ranged from airplane tickets, booze and cigars to groceries.
Jackson Jr. repeatedly used campaign funds to pay down the couple’s credit-card balances. In one instance, Jackson Jr.’s campaign paid Sandi Jackson’s business $36,000 for “billboard expenses.” A week later, prosecutors say, Sandi Jackson transferred the same amount from her business to the Jacksons’ personal account, from which it was used to pay down personal debts.

The Jacksons used campaign funds to cover even the most basic of necessities, including cleaning supplies, bathrobes, underwear, toilet paper, toothpaste, soap, vitamins and stuffed animals, among other things, according to prosecutors. They also spent freely on luxuries, including home electronics, a trip to a Martha’s Vineyard spa for a member of Sandi Jackson’s family, Walt Disney World transportation services and charges of more than $4,000 on a 2006 cruise, court documents allege.


Read more: http://www.politico.com/story/2013/02/jesse-jackson-jr-to-plead-guilty-to-federal-charges-87716.html#ixzz2LDBVbIxn