Saturday, August 29, 2009

The Absent Minded Chairman

When normal people happen to "find" their own money, it might mean a twenty left in a winter coat, or discovering change beneath the sofa cushions.

But if you're Charlie Rangel, it means doubling your net worth.

Earlier this month the Chairman of the tax-writing Ways and Means Committee "amended" his 2007 financial disclosure form to the tune of more than a half-million dollars in previously unreported assets and income.


That number may be as high as $780,000, because Congress' ethics rules only require the Members to report their finances within broad ranges. This voyage of personal financial discovery brings Mr. Rangel's net worth for 2007 to somewhere between $1.028 million and$2.495 million, while his previous statement came in at $516,015 and$1.316 million.

This is the fellow that essentially writes the rules - his excuse was that the he simply didn't understand them.

Hello - McFly!

Here is a link to the Wall Street Journal's full story on this dirtbag:

http://online.wsj.com/article/SB10001424052970203706604574376720192072820.html

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