Why is Charlie Rangel bailing out the rum industry?


Pretty sure that more rum doesn\'t solve the illiquidity crisis

Remember Charlie Rangel? The Congressman illegally renting multiple apartments in New York City subject to rent control who is under investigation by the House Ethics Committee? Back in the 70s, he beat his predecessor, Adam Clayton Powell, in a primary over, among other things, shady dealings in the Bahamas. Now Rangel appears to have his own shady dealings in the US Virgin Islands.

The long and short of it is that Chairman Rangel is defending a provision of the bailout that allows the government of the Virgin Islands to subsidize (paid for with US excise taxes) the building of facilities for Diageo, the makers of Captain Morgan rum. Oh. And Rangel has a lot of donors in the Virgin Islands.

This one is a little complicated. So let me walk you through it.

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PA Dem Fumo convicted on 137 counts: PA earthquake


A leading figure of the Philadelphia Democratic machine fell today.  Former State Senator Vince Fumo was convicted on 137 counts:

A federal jury in Philadelphia has convicted once-powerful former Pennsylvania state senator Vincent Fumo of every one of the 137 counts against him, including the serious charges of conspiring to defraud the Pennsylvania Senate, a nonprofit organization he founded, and the Independence Seaport Museum of millions of dollars. The Senate conspiracy count was the first of the counts being returned Monday against Fumo.

The 65-year-old Philadelphia Democrat was charged with defrauding the senate, the nonprofit, and the museum of more than $3.5 million, and destroying e-mail evidence.

Fumo ran the South Philadelphia Italian Democratic machine for years. There have been stories about menus of votes (give Fumo so much money and get so many votse) floating around Philly politics for a generation.

There are several real stories in this for Pennsylvania politics.

First, the Pennsylvania Democratic Party has been weakened. Its ability to turn out votes out of South Philly has been significantly reduced. This is both a body and a money operation. Both have been diminished. And a smaller Democratic margin out of Philadelphia means less of a need for a higher Republican margin in the small counties.

Second, this is a big coup for Pat Meehan, the former US Attorney who first convicted Fumo on two counts back in 2007. Putting a leading Democrat in jail will help solidify his base in Southeast Pennsylvania, which is a powerful floor to work from in a Pennsylvania primary.

Third, and especially if Meehan wins his primary, this will polarize the debate in a Pennsylvania general election. With Tom Corbett at AG and a recent high-profileDemocratic conviction, Republicans are bound to hit the differences hard.

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What were Rahm Emanuel’s (D) links to Tim Mahoney (D), anyway?


No, I don’t have any updates to the FBI investigation of former Congressman Mahoney (D, FL-16) and whether he used campaign funds to pay off one of his mistresses, sorry. That’s going to be a quiet kind of story until the FBI finishes said investigation; after all, Mahoney was brutally sacrificed to the media gods by the Democratic Party desperate to have that story not derail their 2008 Congressional campaign. People who may find themselves accused of anything similar, please note: don’t count on a payback for your loyalty - even if you happen to be innocent, which Mahoney was almost certainly not.

Which brings me to my next point. Rahm Emanuel. Name was linked to Mahoney’s back then - something about sanitizing the record - but nobody in the media was interested in pushing on that for very long. But now that Rep. Emanuel is COS Emanuel, and now that we’re reminded that Emanuel’s a Freddie Mac guy who entered into lucrative contracts on the DCCC’s behalf with his landlord’s polling firm (it’s claimed that it was a complete coincidence that he wasn’t paying rent), one does have to ask: what, exactly, did Rahm Emanuel have to do with Tim Mahoney’s little payoff problem?

And can we get an answer under oath? I only ask because there’s been an awful lot of Democrats Behaving Badly stories in the news lately.

Moe Lane

Crossposted at Moe Lane.


“Jack Mur-tha… come out to play-a-yay…”


Come on out, Jack. It'll be *fun*.

While we’re all busy watching the Democrats Keystone Kops their way through their debt bill passage, the next news cycle’s story is busily chugging along:

Firm tied to Murtha closes PAC

PMA Group, the lobbying firm tied to Rep. John P. Murtha (D-Pa.) that was raided by federal agents back in November, has closed its political action committee, the latest sign of the company’s implosion.

PMA filed a “termination report” with the Federal Election Commission Thursday, notifying the agency that it would be shutting down its PAC. The PAC refunded its last $29,423 to the contributors, including Mark Magliocchetti, brother of PMA founder Paul Magliocchetti.

[snip]

But PMA has essentially collapsed; most of PMA’s lobbyists have bolted the firm, with one group breaking off to form its own lobbying outfit, while others have sought employment with other lobbying organization.

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Is the fix in with Rangel?


He's very confident that he's going to be cleared.

Bill Alliston asks the question: Ethics Panel to Clear Rangel?

House Ways and Means Chairman Charles B. Rangel predicted, on C-SPAN’s Newsmakers program that aired Sunday, Feb. 1, 2009, that his multitude of ethics woes would soon disappear. “I think that next Tuesday you will see a break in this and as soon as the Ethics Committee organizes they ought to be able to dismiss this,” National Journal’s CongressDaily quoted the Rangel as saying.

If so, it’s hard to imagine that the Select Committee on Ethics will have devoted anything more than a cursory glance at the various issues raised. Consider just one aspect, for which documents are in the public record: Rangel’s financial disclosure forms. We took a look at his filings going all the way back to 1978, the first year members were required to disclose information on their personal finances, and found 28 instances in which he failed to report acquiring, owning or disposing of assets. Assets worth between $239,026 and $831,000 appear or disappear with no disclosure of when they were acquired, how long they were held, or when they were sold, as the operative House rules at the time required.

Read the whole thing, of course. More backup here - and there’s been more since then, of course; of which this is merely one example. And yet, he’s plainly quietly confident… and Speaker Pelosi is just plain quiet. So why is that, anyway?

Mind you, I already know, and I’ll be saying “I told you so” when House Democrats “clear” Rangel.

Crossposted to Moe Lane.