Congresswoman Funneled $294,245 in Campaign Cash to Herself

[ABX]

Rep. Grace Napolitano (D-CA) has bagged at least $294,245 since 1998 by loaning her congressional campaign money at interest rates up to 18%--a scheme that effectively funneled campaign contributor donations directly into her personal bank account.

The self-loan ruse was exposed Sunday night during a joint investigation by 60 Minutes and Government Accountability Institute (GAI) President Peter Schweizer based on Schweizer’s forthcoming book, Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets.

After numerous attempts to interview Napolitano, Kroft finally confronted her outside a Hispanic Caucus meeting.

“She told us that as a woman and a minority, banks wouldn’t lend her money, so she had to withdraw $150,000 from an investment account to lend it to her campaign,” said Kroft.

http://www.breitbart.com/Big-Government/2013/10/21/Congresswoman-Funneled-294245-In-Campaign-Cash-to-Herself-Blames-Discrimination

[Atomic Cow]

She's a Democrat, therefore above the law.

And of course, out come the race card.

[EC]

She's a Democrat, therefore above the law.

And of course, out come the race card.

She almost had the triple. Race and sex both played, all she needs is disabled. Does being brain dead count?

[PzLdr]

She almost had the triple. Race and sex both played, all she needs is disabled. Does being brain dead count?

No. Because if she wasn't brain dead, she wouldn't be a Dimocrat [although she could qualify for  RINO]. 

[Liberal_Spy]

Something money something politics yadda yadda yadda. 

[Carling]

She almost had the triple. Race and sex both played, all she needs is disabled. Does being brain dead count?

Disabled isn't that big of a deal.  Now, if she was gay...

[Oceander]

Something money something politics yadda yadda yadda. 

??  What's the reference?

[mountaineer]

More on the "Extortion" book, from NY Post:

A new muckraking book on Congress says Harlem Rep. Charlie Rangel spent $64,500 on a painting of himself. Naturally, tax cheat Charlie reportedly used money from a campaign slush fund.

The book, appropriately called “Extortion,” is by Peter Schweizer, who earlier blew the whistle on government officials making money on the stock market by trading on confidential information.

If the latest revelations lead you to conclude there is no end to Washington sleaze, you concluded correctly.

[EC]

mountaineer, you actually ran for office (do it again! PLEASE!!!)

Aren't there all sorts of rules and regs and checks that are supposed to prevent this happening?

[mountaineer]

I suppose I could have used campaign money on myself and called it "office supplies."  It's all a matter of how essentially honest a  candidate is in the first place. Clearly, Rangel, Napolitano, et al. are just not honest people.

I won't be running in 2014 even though I'm sure I could beat the guy - too many health and family issues.

[EC]

I suppose I could have used campaign money on myself and called it "office supplies."  It's all a matter of how essentially honest a  candidate is in the first place. Clearly, Rangel, Napolitano, et al. are just not honest people.

I won't be running in 2014 even though I'm sure I could beat the guy - too many health and family issues.

1/3 of a million is a LOT of paper clips!

Pity you won't be running. May the health and family issues solve themselves. Prayers your way. (Hey, I am fond of you and my missus actively likes you - that is rare!)

[mountaineer]

Thanks, EC.