http://www.suntimes.com/18098204-761/jesse-jackson-jr-signs-plea-deal-feds-still-investigating-last-week.html
Outside of Chicago, this appears to not be considered newsworthy.
Jackson has agreed to a plea deal that includes significant jail time and his wife (who was a Chicago Alderperson) is not being offered a deal for her own corruption case.
If you haven’t followed recent events, when Barack Obama resigned his US Senate seat, then Governor Blago was shopping around the seat to see what he could get for it. Mr Jackson raised money to try to buy the Senate Seat before it blew up and Blago wound up in Federal prison. President Obama felt it was his right to name his replacement which could be why Eric Holder pounced on Blago, but until now Jessie Jackson has escaped prosecution.
This case is apparently not about that, but just basic taking of campaign funds and spending them on a $40,000 Rolex (he could have bought one on the Dan Ryan CTA train for $5)
He was AWOL from his job as Congressman for around six months while in rehab for bipolar disorder while dad fended off all press inquiries on the basis that it was a private family matter.
I’m shocked that the national and global media have blacked out coverage of this story.
It is surely racist – Had he been a white governor of an east coast state, he could try to sell the federal interstates to foreigners with financing through his ex-employer, then could go on to steal millions from hedge fund investors and still be a free man.
New Joisey?
Could write a book, but here is a good starting point: “Once it’s clear that new debt is backed by the state in all but rhetoric, Corzine’s plan becomes easier to understand and less appealing. New Jersey is currently $30 billion in debt, financed with short-term bonds at an average rate of 4.49 percent. The new bonds will be long-term bonds (75 years) and will have a higher interest rate (around 7 percent). In other words, the governor essentially wants to use a credit card with a higher interest rate to pay off numerous other credit cards that on average have much lower interest rates. ” from http://www.politickernj.com/afp-analysis-corzine-tolltax-hike-plan-16931
I told my ivory tower relative there was no way Corzine is going to be investigated let alone do any time. He was doing exactly what he was supposed to do – destroy the entire industry that makes money by “speculating”. Without futures markets to reduce risk for the farmer and stable future prices for the consumer, cash prices for commodities will start to gyrate wildly and suppliers will stop creating products – which is exactly what the White House wants. It’s easy to cause a tight rope to shake back and forth – it’s hard to make it stand still
In this case, he wanted to use his ex-emploer to lock in 7% interest rates for 75 years, just before the greatest decline in interest rates in our country’s history.
The gyration is where the money is to be made in a centrally planned economy- if you and your friends are causing the gyrations, you can make a lot of money. Consider this that I had shared in another thread… it is also the same ex-employer and firm involved in the proposal to lock in the taxpayers to pay 7% for 75 years a few years back:
http://www.zerohedge.com/news/2013-02-21/heinz-insider-trader-revealed-goldman-client
Headed to Jail, Awesome.
He will really be ‘Bi’ something when he gets there. LOL
enjoy
Parrott
Fur capes? Just like Superman!
http://www.zerohedge.com/news/2013-02-15/jesse-jackson-jr-charged-stealing-750000-campaign-cash-used-purchased-fur-capes-and-
Where is JJ Jackson when you need him…. passed away before the 80s on 8 on Sirius/XM brought back his VJ peers.
It would be justice served if he took Daddy and Uncle Al (not so Sharpton) with him. We can always build more jails.