Ross has the top story and it is a great one this morning at Human Events.
First there was “Countrywide Chris” Dodd (D-Conn.), whose combination of poor judgment and possible corruption qualifies him to be Chairman of the Senate Banking Committee. Then there was Tim “TurboTax” Geithner, whose false tax return filings qualify him to be Secretary of the Treasury. And now, in keeping with the Democrats’ recent tendency to have scoundrels in the highest positions involving regulation of the nation’s finances, we have the Chairman of the tax-writing House Ways and Means Committee, Charlie Rangel (D-N.Y.), who recently filed amended financial disclosure reports showing a net worth about double what he had previously reported. (Rangel’s original 2007 disclosure form and the amendment can be seen here in pdf form.)In addition to showing his net worth increasing from a range of $516,015 and $1,316,000 to a range of $1,028,024 to $2,495,000 in his amended 2007 financial disclosure form filed last month, Rangel also reported substantial 2007 income and several transactions involving mutual fund sales, purchases, and exchanges which he had not disclosed earlier. The new numbers are not small, especially as a percentage of Rangel’s total net worth.
Also, be sure to check out my friend Greg Mueller and his column on the “Reagan Coalition Redux”.