Democrats attend Caribbean junket last fall with funds from Citibank


The hypocrisy and downright corruption never ends in the Democrat party. 

Remember last fall, the first time we were told that close to $1 Trillion was necessary to bail out troubled banks?  Well, one of those recipients was Citibank.

Well guess who was the main contributor for a November Caribbean boondoggle attended by 6 Democratic Congressional members—–Citibank. 

That’s right less than a month after passing the first Theft Act, Democrats were on a boondoggle courtesy of one of the recipients of our tax payer dollars approved by Congress less than a month before.

H-Y-P-O-C-R-I-T-E

H-Y-P-O-C-R-I-T-E

Most notorious tax dodging, unethical junket attendee? Charlie Rangel.

(H/T: Polipundit)

Six Democratic members of Congress enjoyed a Caribbean junket sponsored by Citigroup after Congress had approved the $700 billion bailout of financial services firms in October.

The National Legal and Policy Center, a watchdog group, has asked Neil Barofsky, the Special Inspector General for the Troubled Asset Relief Program, for a formal review of the Citigroup’s sponsorship of the trip by House Ways and Means Committee Chairman Charles Rangel and five others.

The NLPC says the trip violated House rules.

The purported purpose of the Nov. 6-9 junket was to attend the Caribbean Multi-Cultural Business Conference on the island of St. Maarten, but “the primary purpose of attending for most participants appeared to be to take a vacation,” according to the NLPC, which had a representative at the event.

The NLPC said in a statement: “The ‘lead sponsor’ was Citigroup, which contributed $100,000. Citigroup was certainly aware that it would be a major recipient of bailout funds. It was also aware that its fortunes had become increasingly reliant on Congressional actions.

“Citigroup should have also been aware that corporate sponsorship of such an event was banned by House rules adopted on March 1, 2007, in response to the [lobbyist Jack] Abramoff scandal and the infamous golf trip to Scotland.”

In addition to Rangel, other members of Congress who attended were Donald Payne of New Jersey, Sheila Jackson-Lee of Texas, Carolyn Cheeks Kilpatrick of Michigan, Bennie Thompson of Mississippi, and Donna Christensen, the delegate to the House from the United States Virgin Islands.

Rules? What rules?  Heck Rangel doesn’t think he has to report all of his income on federal reports as the rest of us do….

Oh, and let’s not forget these Democrats are in the same political party as our Dear Leader….and they ALLbelieve that the CEO’s and managers of these banks (and other bailout recipients, some of whom were FORCED to take the funds) must have their salaries capped and their “planning” boondoggles halted….

Anybody see the pattern here?  Hey there “52%ers”…are you waking up yet to the reality of your corruptive, tax-dodging, hypocritical leaders…the ones you voted for?

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3 Responses

  1. It seems people in politics, finance, and large companies have lost the concept of responsibility and decency. This applies to both Republicans and Democrats.
    Both parties have committed excesses.
    Though today’s financial crisis was hatched in the Carter and Clinton administrations, the Bush administration failed to aggressively rein in Fanny Mae and Freddie Mac. Bush, as I recall, even bragged of the number of households in the U.S. who now owned a home. It had reached an all time high. The increase in home ownership through borrowing was totally attributable to sub-prime home loans.
    The excesses on Wall Street with executive compensation and golden parachutes for CEOs who failed is also incomprehensible. Neither party fought this pillage.
    Capitol Hill was none to happy to give these robber barons a pass or to lend a blind eye because political contributions kept on coming in for both parties.
    Whenever the Republican party strays from the principles of small government, open government, and strong national security, it fails to attract sufficient votes to win. It cannot compete with the Democrats’ ability and willingness to raid the govt coffers to buy people off and should not try. It should concentrate on (1) restoring a climate friendly to entrepreneurship with the rising tide of economic prosperity it brings with it, (2) a strong national defense which includes border security, and (3) law and order to give people a sense of security in their neighborhoods (Guliani’s success in New York comes to mind).
    Neither party should kowtow to their socially minded supporters–religious right, environmentalists, etc. These groups should make their argument in the market place of ideas without trying to control either party. There is no doubt in my mind that the religious right wins every time in this playing field.
    Cheers!

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