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Still More Neverending Story [Dan Collins]

Moe Lane:

NAME!
THAT!
PARTY!

“Troubled.” How droll. It’s Pete Visclosky (D, IN-01), by the way. I repeat it because the AP can’t seem to.

Visclosky’s ties to troubled PMA Group run deep.

WASHINGTON (AP) – U.S. Rep. Pete Visclosky has promised to return money from donors with ties to a troubled lobbying group, but critics say his ties to PMA Group run deep.

The northwest Indiana congressman’s former chief of staff worked as a lobbyist for the firm, and Federal Election Commission reports show he received at least $100,000 in contributions from donors tied to PMA Group between 2006 and 2008. PMA Group was the top donor to Visclosky’s 2008 re-election campaign.

See how that works, AP? You mention the party affiliation, particularly when the guy’s tossing tens of millions of dollars the way of some lobbyists. Not that he’s remotely the only Democrat involved with this “troubled” firm, of course; merely the second-largest purveyor of government money to PMA. Okinawa Jack Murtha (D, PA-12) still keeps first place, don’t worry.

10 Replies to “Still More Neverending Story [Dan Collins]”

  1. happyfeet says:
    March 2, 2009 at 11:10 am

    Socialism breeds corruption. Did you know that? It’s a true fact.

  2. JHoward says:
    March 2, 2009 at 11:13 am

    Like rats deserting a sinking ship, in the wake of the SEC’s fraud charges against Stanford on the 17th, Senator after Senator and Congressman after Congressman has come out saying they are returning the money Stanford gave them. Senators Chris Dodd (Chairman, Senate Banking Committee, $27,500), Bill Nelson ($45,900), John McCain ($28,150), and even President Barack Obama ($4,600, but $31,750 firmwide) have all announced that they will be donating the money that Stanford gave them to charity. On the House side, Representative Charles Rangel, Chairman of the House Ways and Means Committee and who sponsored legislation that limited IRS audits in the Caribbean – where Stanford was having $100 million IRS back-taxes problems — said he would be donating the $10,800 he received to charity.

    Even the family of Vice President Joe Biden has been forced to offer to return $2.7 million to the receiver that Stanford had invested in a co-branded investment fund owned by Biden’s son and brother. The fund has offered to turn over the $2.7 million investment it received from Mr. Stanford’s firm in 2007 to a court-appointed receiver in the SEC’s civil fraud case involving Mr. Stanford, according to Paradigm’s attorney, Marc X. LoPresti. The $50 million fund was jointly branded between the Bidens’ Paradigm Global Advisors LLC and a Stanford Financial Group entity and was known as the Paradigm Stanford Capital Management Core Alternative Fund. Stanford-related companies marketed the fund to investors and also invested about $2.7 million of their own money in the fund, according to a lawyer for Paradigm. Paradigm Global Advisors is owned through a holding company by the vice president’s son, Hunter, and Joe Biden’s brother, James.

  3. Wm T Sherman says:
    March 2, 2009 at 11:16 am

    When I look at the name I initially see “Viscosity” for some reason. Grease is viscous. Maybe that’s it.

    So, how low does a D have to sink to warrant an ethics or criminal investigation? Barney Frank going scott-free after consorting with a top official at the agency he was regulating would seem to set the bar pretty high.

  4. happyfeet says:
    March 2, 2009 at 11:16 am

    John McCain is such a little piggy at the trough it makes me sick. Fun Fact: John McCain was the 2008 Republican nominee for president, losing resoundingly that year to dirty socialist dipshit Barack Obama.

  5. Techie says:
    March 2, 2009 at 11:17 am

    Wish they could sink some of that money into the market right about now…….

  6. N. O'Brain says:
    March 2, 2009 at 11:31 am

    What I find astonishing is how cheaply congresscritters can be bought for.

  7. DarthRove says:
    March 2, 2009 at 11:37 am

    Congresscritters are still more expensive than a hummer by a crack whore, but lower on the social scale.

  8. LTC John says:
    March 2, 2009 at 12:41 pm

    “Charity” indeed.

    Why isn’t the SEC appointed receiver getting this money? Is it because those defrauded might actually get some of their money back? We wouldn’t want that.

    Anybody ID these “charities” yet?

  9. Bob Reed says:
    March 2, 2009 at 3:37 pm

    The PMA scanadal may prove to be the Democrat’s version of the Abrahmoff deal…

    But, don’t expect the MSM to publicize it like Abrahmoff’s; that doesn’t work in their favor!

  10. Mikey NTH says:
    March 2, 2009 at 4:54 pm

    I wonder when the dam will burst?

Comments are closed.