The elder Jesse Jackson has grown wealthy these past couple decades mainly by shaking down corporations. One of his sons, former Rep. Jesse Jackson Jr., D-Ill. (see photo), has preferred a different path to wealth: his campaign till. That path is now leading to federal prison. On Wednesday, February 20, the younger Jackson, who served nine terms in Congress before resigning last November 21, pleaded guilty in District of Columbia federal court to diverting about $750,000 in re-election funds to personal use. Jackson, who since last June has been hospitalized twice at the Mayo Clinic for bipolar disorder and other problems, told U.S. District Judge Robert L. Wilkins that in pleading guilty to wire and mail fraud, he had "no interest in wasting the taxpayers' time or money." His wife, Sandi, until recently a Chicago city alderwoman, hours later pled guilty to a related tax fraud charge.
Submitted by NLPC Staff on Fri, 12/09/2011 - 09:01
Yesterday, former Illinois Governor Rod Blagojevich was sentenced to 14 years in prison for, among other things, attempting to "sell" the US Senate seat that was once held by President Barack Obama. Blagojevich's punishment comes on the heels of the U.S. House Ethics Committee's decision to continue its investigation into Congressman Jesse Jackson's role in the same scheme.
Last week, the United States House of Representatives Ethics Committee voted to end its temporary deferral of a case against Rep. Jesse Jackson, Jr. (D-IL). The US Justice Department had requested the deferral but has since withdrawn that request. The case had been deferred for over two years.
Jackson, the son of Rev. Jesse Jackson, is in his ninth term in the US House and is under investigation for allegations that he attempted to buy the open US Senate seat that was vacated by President Barack Obama. It has been reported that Jackson's supporters were willing to raise $1.5 million on behalf of Governor Blagojevich's re-election campaign.
Last August, things looked sunny for former Illinois Democratic Governor Rod Blagojevich. He and his lawyers had just obtained a hung jury on 23 of 24 corruption charges. But Justice Department prosecutors, confident they had their man, continued to pursue the case - and this time with different results. Last Monday, June 27, a Chicago federal jury, after nine days of deliberation, found the man known as "Blago" guilty on 17 of 20 charges, nearly a dozen of them related to his attempts during the fall of 2008 to fill the pending Senate vacancy left by President-Elect Barack Obama in return for campaign cash.
Rep. Jesse Jackson Jr., D-Ill., like his famous father, has become a Democratic Party kingmaker, both in Chicago and on Capitol Hill. He's also, according to the September 21 Chicago Sun-Times, the mastermind behind a scheme to raise $6 million in campaign contributions for then-Illinois Democratic Governor Rod Blagojevich in return for a U.S. Senate appointment. The allegation, made by a Chicago-area businessman-fundraiser, Raghuveer Nayak, contradicts Jackson's assertions that he hadn't tried to buy Barack Obama's pending vacant Senate seat in the weeks prior to Election Day 2008. The actual version of events may well determine whether federal prosecutors can secure multiple guilty verdicts against Blagojevich, convicted in August on only one of 24 corruption charges (lying to federal agents), with the other 23 resulting in a hung jury.
To win a conviction in a criminal case requires establishing opportunity, means and motive. Recent testimony in the ongoing corruption trial of former Illinois Governor Rod Blagojevich reveals more than a few clues as to the motive part. Blagojevich and his wife, Patti, as it turns out, had about $200,000 in outstanding consumer debt at the time of his December 2008 arrest. Anxiety, if not desperation, over how to pay the money back was likely a major explanation for the ex-governor's eagerness to peddle President-Elect Barack Obama's soon-to-be-vacated Senate seat to the highest bidder. Worse, Mrs. Blagojevich's real estate firm during 2002-04 apparently received roughly $150,000 or more in suspect "consulting" and other fees from a company co-owned by Obama's original paymaster, now-jailed (and awaiting sentencing) real estate developer/political kingmaker Tony Rezko. The revelations reinforce the popular image of the couple as willing to do anything for money.
From a public relations standpoint, getting forced out of the Illinois governor's mansion a year and a half ago was a smart career move for Rod Blagojevich. He's been all over the TV since, doing stints on such shows as "Celebrity Apprentice" and "The Late Show with David Letterman." But publicity may not be enough to keep him or several of his former allies out of prison. His long-awaited trial on fraud and conspiracy charges related to his attempt to sell Barack Obama's pending Senate vacancy to the highest bidder began on June 8, the result of a five-year Justice Department probe into corruption in Chicago politics. Prosecutors wrapped up their case just before 5 P.M. Tuesday. Evidence introduced thus far confirms widespread suspicions that former Gov. Blagojevich and his benefactors were part of a larger Chicago-Obama White House conduit.
The bailout of Chicago-based ShoreBank has hit a serious snag as the Federal Reserve and Treasury drag their feet on whether to provide funding to the ailing South Side lender, sources close to the situation say….
The Treasury is deferring to the Federal Reserve. One source said some at the Fed want ShoreBank to raise more private dollars before it gets government money.
Without sixty votes in the Senate, Majority Leader Harry Reid (D-NV) would not be able to invoke cloture, or cut off debate. Anything short of sixty would allow a filibuster and doom Obama’s health care plan. The present 60-vote majority is artificial, the result of undemocratic means. Consider how three of these votes came to be:
Roland Burris- Appointed by Illinois Governor Rod Blagojevich just prior to his removal, Democratic leaders including Harry Reid pledged that he would never be seated. Barack Obama, along with other Democratic officials in Illinois, called for a special election to fill the seat. When it became apparent that a Republican could win, Obama and the others backed off from their request. Obama, Reid and the rest of the Democratic establishment eventually acquiesced to Burris’ appointment. The media was strangely uncritical of the sleaziest political deal of the decade.
When former Illinois Governor Rod Blagojevich was heard on FBI wiretaps selling President Obama’s Senate seat, Obama first called for a special election. When it looked like a Republican might win, Obama acquiesced to Blagojevich’s appointment of laughingstock Roland Burris.
The media made Obama pay no price. That was unfortunate, but it also no doubt lulled Obama and his staff into thinking that the public just doesn’t care about corruption. This is a dangerous mindset. There is increasing evidence that the American people do care. According to a Rasmussen:
…the latest national telephone survey shows that 83% now view government ethics and corruption as very important, placing it just ahead of the economy on a list of 10 key electoral issues regularly tracked by Rasmussen Reports. Eighty-two percent (82%) of voters see the economy as very important.