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May 24, 2013
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Christine O’Donnell’s Rent IssuesPosted on Sep 23, 2010
Our friends at Brave New Films send this video highlighting the accusation that Delaware Senate candidate and tea party darling Christine O’Donnell was improperly living off campaign funds. Learn more at their website. Advertisement Previous item: Robert Scheer and Amy Goodman Give Larry Summers a Proper Send-Off Next item: Colbert Testifies With Truthiness New and Improved CommentsIf you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy. |
By Maani, September 26, 2010 at 12:28 pm Link to this comment
Roy:
Re your double-post on Biden et al: give it up. For every Dem you can name who has engaged in this type of thing, I could name a Republican who did the same. They both do it, they all do it. The Dems have no monopoly on this type of behavior.
By the way, is this the same Michelle Malkin who accused John Kerry of shooting HIMSELF in Vietnam? The same Michelle Malkin who published personal contact details of members of Students Against War - and then cried “foul” when another group published personal contact info on Cheney and Rumsfeld? The same Michelle Malkin who was born to two Phillippine citizens on an employer-sponsored visa (i.e., who were not citizens of the U.S.), but now rails against citizenship for non-registered immigrants? The same Michelle Malkin who said, of unemployment benefits, “if you put enough government cheese in front of people they are going to just keep eating it and kicking the can down the road… people will just delay getting a job until the three weeks before the benefits run out?” The same Michelle Malkin who is, at least from everything I have read, a self-hating child of immigrants who is just to the right of Genghis Khan?
Nice try.
Report thisBy call me roy, September 26, 2010 at 10:58 am Link to this comment
How Privileged Democrats Pay for Their Houses
by Michelle Malkin / 09/24/2010
Like millions of Americans, Delaware Republican Senate nominee Christine O’Donnell has had trouble covering her mortgage and other bills over the years. Her opponents consider this a scandal of disqualifying proportions. But there’s a bigger disgrace: It’s all the sanctimonious Democrats who have exploited their entrenched political incumbency to pay for multiple manses and vacation homes—while posing as vox populi.
Former senior senator from Delaware and current Vice President Joe Biden has a custom-built house in Delaware’s ritziest Chateau Country neighborhood. It is now worth at least $2.5 million and is the Bidens’ most valuable asset. Biden tapped campaign funds to pay for his compound’s lawn needs. He secured the new estate with the help of a corporate executive who worked for Biden’s top campaign donor, credit card giant MBNA.
In 1996, Biden sold his previous mansion to MBNA Vice Chairman John Cochran. The asking price was $1.2 million. Cochran forked over the full sum. Biden then paid $350,000 in cash to real estate developer Keith Stoltz for a 4.2-acre lakefront lot. Stoltz had paid that same amount five years earlier for the undeveloped property.
Stoltz told the Wilmington News Journal that “the residential real estate market was soft” at the time he sold the land to Biden. But “soft” for whom? Stoltz was a well-off businessman who didn’t appear to be in such dire financial straits that he needed to unload the property quickly in a weak market.
Reporter Byron York looked at comparable properties in Biden’s neighborhood and found three cases where homes in the area went “for a good deal less than their appraised value. In comparison, it appears Cochran simply paid Biden’s full asking price.”
Biden’s office denied any sweetheart deals took place, but York noted that it appeared MBNA indirectly helped Cochran buy the Biden house through six-figure executive compensation funds listed as moving expenses and losses suffered on the sale of his previous home.
To be clear, no laws were broken. These arrangements were simply a continuation of Biden’s decades-long, Beltway business-as-usual relationships with a deep-pocketed corporate benefactor—which, by the way, later hired his son. Nice nepotism, if you can get it.
Report thisNorth Dakota Democrat Sen. Kent Conrad and Connecticut Democrat Sen. Chris Dodd made cozy arrangements with subprime sleaze lender Countrywide. Portfolio.com reported that Conrad “borrowed $1.07 million in 2004 to refinance his vacation home with a balcony and wraparound porch in Bethany Beach, Del., a block from the ocean.” (continued)
By call me roy, September 26, 2010 at 10:57 am Link to this comment
How Privileged Democrats Pay for Their Houses (Continued)
Senate Banking Chair Dodd received two discounted loans in 2003 through Countrywide’s VIP program. He borrowed $506,000 to refinance his elite townhouse in Washington, D.C., and $275,042 to refinance a home in East Haddam, Conn. Countrywide helpfully waived fractions of points on the loans. The lower interest rates could have saved Dodd a combined $75,000 during the life of the 30-year loans.
Report thisDodd had known about the preferential treatment on his loans since 2003, yet continued to deny that he was treated like a VIP, refused to acknowledge wrongdoing and encouraged government-sponsored mortgage enterprises Fannie Mae and Freddie Mac to invest in Countrywide’s risky loans.
Not content with two shady home deals, Dodd got in on a real estate scheme for an Irish cottage and nearly 10 acres of land with William Kessinger, a businessman tied to his close friend, insider trader Edward R. Downe Jr.
Downe had pleaded guilty to tax and securities law violations and was banned for life from the business. In 2001, Dodd helped Downe obtain one of the treasured presidential pardons on Bill Clinton’s last day in office. A year after that, as Irish real estate prices went through the roof, Dodd purchased Kessinger’s share of the estate at a discount. He failed to include the obvious quid-pro-quo gift on Senate disclosure forms: Help a crooked friend, reap a cut-rate real estate deal.
Prominent members of Team Obama benefited from similar special home deals. Politico.com noted that the Clintons secured a $1.35 million loan from Democrat pal and fundraiser Terry McAuliffe for their New York estate; Obama special envoy Richard Holbrooke snagged a sweetheart loan to refinance his Telluride, Colo., ski vacation home from the Countrywide VIP program; and Obama’s close confidante and erstwhile vice presidential search committee panelist Jim Johnson accepted more than $7 million in below-market-rate loans from Countrywide.
Then there’s President Barack Obama’s own $1.7 million Chicago manse—which was financed with a discounted mortgage from Northern Trust and infamously included a shady land swap with convicted felon donor/developer Tony Rezko. A report released by the Federal Election Commission in February 2009 underscored that the Obamas received reduced loan rates (saving $300 a month, or $108,000 over the life of a 30-year loan) because of their high-profile positions.
Northern Trust offered the super jumbo loan to the Obamas in anticipation of entering “long-term financial relationships” with the successful couple. The FEC refused to call the Obamas’ mortgage deal an illegal corporate contribution, but it was an obvious act of favor-trading. Northern Trust employees had contributed $71,000 to Obama since 1990.
GOP candidates like Christine O’Donnell, who have weathered personal financial troubles, have a lot more in common with the 14 million Americans underwater on their mortgages than these privileged Beltway boys. Perhaps fat-cat Democrats in crony-funded houses should put down their stones.
By call me roy, September 26, 2010 at 10:54 am Link to this comment
The liberal voter who lives in poverty ,thinks that all liberal politicans are on their side and don’t have much money. Well poor city liberals living in poverty check out your poor politicans. Gore , multi millionaire, owns many , many homes. Clinton’s worth many many millions. Kerry, ‘WOW’ . McCain, a liberal thinker , another ‘WOW"Soros, can’t count that high. Obamass, getting there. Preacher jackson Rangel, Walters, and many other poor liberals politicans that have you brain-washed into thinking that they are on your side. They feel your pain. Tell them to cough up some of their illegal money and give you some to pay your bills , and feed your family. Don’t think so. Enjoy your happy meal at Mcdonalds.
Report thisBy bachu, September 25, 2010 at 7:25 pm Link to this comment
(Unregistered commenter)
why not investigate Joe Biden. He owns a $2.5 million house in the most exclusive closed community in DE. From where did he get his money?
Report thisBy Inherit The Wind, September 24, 2010 at 5:50 pm Link to this comment
Maani, September 23 at 9:04 pm Link to this comment
“Or, she [can] go out and hustle herself on the streets.”
Au contraire! She doesn’t even masturbate! What makes you think she will engage in the world’s oldest profession? LOL
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Because she lies so much she makes Sarah Palin look honest. She is truly a bad one. Really bad.
Report thisBy ejreed, September 24, 2010 at 11:28 am Link to this comment
Here’s where Christine can go to improve her wikkin skills.
Report thisSchool’s In Session: Witchcraft Academy in Lithuania
Lithuania’s wizards are no longer in hiding. Instead they have their own answer to Hogwarts. They are training at the “School of Witches” located on the outskirts of Vilnius city. And For the first time in modern history, a new generation of pagans has graduated. http://www.newslook.com/videos/252242-school-s-in-session-witchcraft-academy-in-lithuania?autoplay=true
By Aarky, September 24, 2010 at 9:22 am Link to this comment
(Unregistered commenter)
It just goes to show that pretty women can say loony
Report thisthings and still get elected to public office. We still have a serious problem in this country when too many voters equate beauty or handsomeness with intelligence, honesty, good ethics and character.
By Maani, September 24, 2010 at 7:27 am Link to this comment
samosamo:
LOL.
esi42:
“Good to know you can whore it up and all is forgiven once you say you ‘believe.”
Actually, that is in fact the nature of one’s own faith, and God’s grace and forgiveness. If one is truly repentful for one’s prior acts, and makes genuine attempts to refrain from those acts in the future, then, yes, one is forgiven. It can, and should, be no other way.
Would you not want to be forgiven for “youthful indiscretions” that you realized were wrong, but had no intention of engaging in again?
Peace.
Report thisBy esi42, September 24, 2010 at 3:09 am Link to this comment
From wikipedia: “She came to a turning point during college when she found herself drinking excessively and having sexual relationships with men with whom she lacked a strong emotional connection.[9] She would later say of this period, “I know what it’s like to live a life without principle.”[14] She became increasingly interested in both politics and religion.[11] She became an evangelical Christian, began preaching sexual abstinence and joined the College Republicans.[9]”
Good to know you can whore it up and all is forgiven once you say you “beleive”
Report thisBy samosamo, September 23, 2010 at 10:05 pm Link to this comment
Maybe, I’ll put it this way, you can believe she
doesn’t masturbate and maybe could I, if an
autopsy showed that her body was full of the
bisphenol-A that one absorbs from plastics and
has proven to affect the sexual and neural
development of boys and girl. So she may not
have had any genitalia development from when
she was born, thus sans genitals. And that could
explain her nutty life.
See what wiki says:
http://en.wikipedia.org/wiki/Christine_O’Donnell
Not married, no children but has had a fling or 2
Report thisin bed with guys. So, she is 40 yrs +/- and I
assume still looking for mr. right. If she is
elected, she will find mr. right and mr. left.
By Maani, September 23, 2010 at 5:04 pm Link to this comment
“Or, she [can] go out and hustle herself on the streets.”
Au contraire! She doesn’t even masturbate! What makes you think she will engage in the world’s oldest profession? LOL
Report thisBy samosamo, September 23, 2010 at 4:52 pm Link to this comment
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Report thisI doubt she has done anything that others
running for office haven’t done and she would
love to get elected so those bribery dollars of
lobbyists will start coming her way. Or, she and
go out and hustle herself on the streets.