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Thread: On NOW! CONGRESS ON RED ALERT FOR 60 MINUTES EXPOSÉ OF D.C. CORRUPTION

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    Super Moderator Newmexican's Avatar
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    On NOW! CONGRESS ON RED ALERT FOR 60 MINUTES EXPOSÉ OF D.C. CORRUPTION

    CONGRESS ON RED ALERT FOR 60 MINUTES EXPOSÉ OF D.C. CORRUPTION




    by WYNTON HALL 20 Oct 2013, 11:49 AM PDT POST A COMMENT

    Members of Congress and their staffs are on red alert tonight for a CBS 60 Minutes investigation by veteran CBS reporter Steve Kroft and Government Accountability Institute (GAI) President and Breitbart News Senior Editor-at-Large Peter Schweizer exposing how lawmakers convert campaign donations into lavish lifestyle upgrades for themselves and their family members.

    Sources say top CBS executives thought the report was so explosive that they made it the show’s lead story and delayed airing it for another week in order to capture tonight’s much larger NFL-viewing audience. The report features selected revelations from Schweizer’s forthcoming book, Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets.

    “I’m under a publisher embargo right now and can’t say much,” Schweizer told Breitbart News. “But suffice it to say, President Obama and some members of Washington’s Permanent Political Class are not going to like what we uncovered and the kinds of personal enrichment and self-dealing exposed in Extortion.”

    To prevent early leaks of the book’s contents, publisher Houghton Mifflin made bookstore managers sign legal affidavits saying they would not shelve Extortion until the book’s official Tuesday, October 22 launch date. The book, which contains a staggering 35 pages of source materials totaling over 600 endnotes, is chock-full of revelations and never-before-released documents on top Washington figures, says Houghton Mifflin.

    According to the publisher’s description, the new book “reveals vast new areas of corruption in our political system” and contains “eye-opening revelations on every page,” while opening “a whole new battlefield in the great war to fix what’s wrong with our government.”

    In 2011, Kroft and Schweizer teamed up for a 60 Minutes investigation based on Schweizer’s New York Times bestseller, Throw Them All Out. The results rocked official Washington, as the exposé revealed that Rep. Nancy Pelosi (D-CA) was given insider access to the Visa credit card IPO, wherein she made a 50% profit on her investment in just two days. The report also alleged that Rep. Spencer Bachus (R-AL) engaged in insider trading, prompting an ethics investigation and Bachus stepping down from his chairmanship of the Financial Services Committee. Schweizer’s book ultimately led to passage of the STOCK (Stop Trading On Congressional Knowledge) Act banning congressional insider trading. Throw Them All Out was “the book that started the STOCK Act stampede,” reported Slate.

    Schweizer, a noted conservative and fellow at the Hoover Institution at Stanford University, has gained a national reputation for his bipartisan corruption investigations, attacking Democrats and Republicans alike.

    Earlier this year, progressive Comedy Central host Jon Stewart of the Daily Show featured Schweizer in a segment on the STOCK Act wherein Stewart criticized Congress for watering down the bill Schweizer’s book helped pass.

    Schweizer and GAI worked with 60 Minutes for six months on tonight’s program. On Friday, CBS hosts Charlie Rose and Norah O’Donnell sat down with Kroft to discuss the soon-to-air report. O’Donnell called GAI’s Peter Schweizer one of “the top campaign finance watchdogs” in America.

    http://www.breitbart.com/Big-Journal...Minutes-Expose

  2. #2
    Senior Member oldguy's Avatar
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    I believe if the average American understood the depth of corruption in DC they would demand change.
    I'm old with many opinions few solutions.

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    Senior Member AirborneSapper7's Avatar
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    Extortion, Money Laundering, Bribery, Graft, Racketeering, the list goes on and on
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    Senior Member HAPPY2BME's Avatar
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    LoL. Ron Paul had 6 paid family members being paid to the tune of $304,000 using PAC campaign payrolls.

    Great report!

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    Senior Member JohnDoe2's Avatar
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    Lawmakers making thousands, funding lavish trips from ‘slush funds’

    Published October 21, 2013FoxNews.com

    REUTERS

    Members of Congress are routinely using campaign committees as a personal “slush fund,” according to a detailed report by “60 Minutes.”

    The report found that lawmakers are using what’s known as “Leadership PACs” to fund trips to high-ranking golf courses, NFL games and other destinations – and are even personally making money off the PACs by lending to them and charging steep interest.


    In the most egregious examples, CBS’ “60 Minutes” found that Rep. Grace Napolitano, D-Calif., loaned her PAC $150,000 – and made $228,000 over a 12-year period by charging 18 percent interest.


    Napolitano admitted to doing it, and an ethics watchdog said the practice is technically legal. In fact, the group Citizens for Responsibility and Ethics in Washington found at least 15 cases where politicians were making loans to their campaign funds.


    Napolitano, though, conceded she wasn’t giving campaign donors the details of her personal loan. “Well, you don't go out and publicize that, but they know that I had a campaign debt,” she said.


    The congresswoman reportedly said she did it because banks wouldn’t lend her money and she had to withdraw the funds from another investment account.


    The report found other questionable examples.


    CBS reported that Sen. Saxby Chambliss, R-Ga., spent more than $100,000 entertaining at world-class golf courses, and Rep. Gregory Meeks, D-N.Y., spent $35,000 on NFL games.


    Rep. Rob Andrews, D-N.J., reportedly used $16,000 from his account to bring his family to Scotland for a friend’s wedding, supposedly under the pretense of considering hiring the friend as a consultant.


    Andrews told “60 Minutes”: “I follow all the rules.”


    He added that Congress should “take a look at having clearer rules at what they can and cannot be spent for.”


    http://www.foxnews.com/politics/2013...cmp=latestnews

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