Charles Rangel

NLPC Alleges Charles Rangel Hid More Income in Complaint to House Ethics Committee

Rangel photoIn a Complaint filed yesterday, NLPC asks the House Committee on Standards of Official Conduct to expand its ongoing investigation of House Ways and Means Committee Chairman Charles Rangel (D-NY) to include apparent violations of House Rules related to his ownership of a Harlem investment property.

Again, it appears Rangel has failed to disclose income from a rental property.

On his financial disclosure forms, Rangel reported little or no rental income for eight years (1993-2001) on the six-unit Harlem brownstone, even though public records show tenants were living there. Click here to download a 35-page pdf of the Complaint.

Rangel Has More Undisclosed Rental Income

Isabel Vincent and Melissa Klein report today in the New York Post:

Rep. Charles Rangel reported no rental income for eight years on his rundown Harlem row house, even though public records show tenants were living there.

The powerful chairman of the House Ways and Means Committee said he received nothing from 1993 to 2000 on the six-unit building, according to federal financial disclosure forms.

NLPC’s exposure of Rangel’s unreported and undisclosed income from his Dominican Republic “villa,” touched off more intensive scrutiny of Rangel’s finances, leading Rangel to revise his filings last month for 2002 to 2006, showing his net worth to be roughly double what he had claimed in the past.

Washington Post Calls on Rangel to Resign Ways and Means Chairmanship, But What About Criminality?

Washington Post logoIn an editorial today titled "Sorry Charlie," the Washington Post called on Rep. Charles Rangel (D-NY) to step down as House Ways and Means Chairman. The editorial comes in the wake of Rangel amending his financial disclosure forms for the years 2002 to 2006, showing that his net worth was roughly double what he previously claimed. The Post called Rangel’s revised filings “a treasure trove of outrage.”

Rangel’s amendments were prompted by increased scrutiny of his finances after NLPC exposed his failure to disclose (or pay taxes on) rental income from his beachfront “villa” at the Punta Cana resort in the Dominican Republic.

Rangel Says Reporters Not ‘Smart Enough’ to Ask Him Questions

In response to reporters’ questions on Friday about his failure to disclose hundreds of thousands in assets, House Ways and Means Chairman Charles Rangel had this to say:

I recognize that all of you have an obligation to ask questions knowing that there's none of you smart enough to frame it in such a way that I'm going to respond.

Click here for a report from New York City's WCBS-TV that includes video.

Rangel Had Three ‘Primary Residences’— At The Same Time

Rangel photoCharles Hurt of the New York Post reports today:

Rep. Charles Rangel claimed on mortgage papers that a Harlem brownstone was his principal residence -- even though he was living elsewhere at the time, The Post has learned.

When the Democrat -- who is under investigation by the House Ethics Committee -- took out the mortgage in 1990, he said the property on West 132nd Street was his "principal residence," records show.

By our count, Rangel simultaneously claimed three “primary residences.” The first is where he really lives, in three rent-stabilized Harlem apartments, for which he does not qualify, based on his income. He actually had four apartments, but gave one up in the wake of reports that he was using it as a campaign office, prompting NLPC to file a Complaint with the Federal Election Commission alleging that he violated election law.

Editorialists Roast Rangel

House Ways and Means Chairman Charles Rangel (D-NY) may have gotten a fleeting break when Edward Kennedy’s death knocked reports of his newly-disclosed wealth off the front page.

But by this morning, editorial writers had caught their breath and were busy at work skewering the Chairman of the committee that writes the nation’s tax laws. And just think how much fresh meat has been left for the weekend crew.

From the New York Daily News:

There are two sets of rules for Rep. Charlie Rangel - the ones he writes for everyone else and the ones that are, or were, beneath his compliance, powerful personage that he is.

Rangel Hid $500K in Assets

Richard Rubin of CQ Politics is reporting:

House Ways and Means Chairman Charles B. Rangel, already beset by a series of ethics investigations, has disclosed more than $500,000 in previously unreported assets.

Among the new items on Rangel’s amended 2007 financial disclosure report were an account at the Congressional Federal Credit Union worth at least $250,000, an investment account with at least $250,000, land in southern New Jersey and stock in PepsiCo and fast food conglomerate Yum! Brands. None of those investments appeared on the original report, which was filled out by hand and filed in May 2008.

NLPC’s exposure of Rangel’s unreported and undisclosed income from his Dominican Republic “villa,” touched off more intensive scrutiny of Rangel’s finances, leading Rangel to revise his filings, albeit months late.

Obama's 'Unseemly' Vacation

Obama photoBarack Obama’s Martha’s Vineyard vacation is unseemly. At a time when unemployment is near 10% and virtually all Americans have suffered losses in their home values and retirement funds, Obama’s holiday at a $20 million estate is inappropriate.

The White House is refusing to say how much the rental is for the “Blue Heron Farm,” but press reports indicate similar properties go for $35,000 to $50,000 a week.

Cell-Phone Sheila Jackson Lee is Also Caribbean Junketeer

Just how out of touch is Congress? The above video clip is now famous. Rep. Sheila Jackson Lee (D-TX) talks on her cell phone while cancer survivor Tracy Miller tries to ask her a question at a health care Town Hall meeting.

Rep. Jackson Lee was one of five members of Congress who took part in a Citigroup-funded junket to the sunny Caribbean island of St. Maartens shortly after all five voted for TARP. The trip was led by Ways and Means Committee Chairman Charles Rangel (D-NY), the tax cheat who has proposed tax increases to fund health care.

Rangel's Hissy Fit Response to WSJ Editorial

Rangel photoIn a letter to the editor, House Ways and Means Chairman Charles Rangel responds today to the Wall Street Journal’s Monday editorial. He writes:

Your July 27 editorial “Morality and Charlie Rangel’s Taxes” insulted me in an attempt to undermine my work on health-care reform legislation. But your slurs can’t change the fact that the Ways and Means Committee, which I chair, has already succeeded in negotiating and passing its portion of the health-care bill without a hint of the rancor you’ve resorted to in your mean-spirited editorial attack. (emphasis ours)

Rangel’s indignation in the wake of his own admissions of failing to pay his taxes is the clearest evidence yet that he is divorced from political reality, and will become an increasing liability for Nancy Pelosi and Barack Obama.

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