Puppycow
Penultimate Amazing
Sad to say, but Charlie Rangel, one of the most powerful members of congress (Chairman of Ways & Means), is corrupt. I can't see any other to spin or excuse this story. Sadly, he's also so firmly ensconced in his district that, unless he dies or retires, he cannot lose his seat no matter how big a scandal this creates.
“There was no quid pro quo,” Mr. Isenberg said in an interview on Friday.
What is clear is that Mr. Rangel played a pivotal role in preserving the tax shelter for Nabors and the other companies in 2007. And while the issue was before his committee, Mr. Rangel met with Mr. Isenberg and a lobbyist for Nabors and discussed it, on the same morning that the congressman and Mr. Isenberg met to talk about the chief executive’s potential support for the Rangel center.
Mr. Rangel’s opposition to closing the loophole surprised his Congressional colleagues, who had viewed him as an outspoken ally in the effort to eliminate the tax shelter.
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