Showing posts with label eugene isenberg. Show all posts
Showing posts with label eugene isenberg. Show all posts

Wednesday, December 10, 2008

The Charles Rangel Saga Continues

The saga continues. Read the article below.

The community may want Charlie gone, but who is there to replace him?


Again, the community needs to begin to have earnest and productive discussions about who it feels should replace this albatross around the Harlem's neck.


The discussions do not need to focus on just one person, having several choices would lead to competitive and revealing political campaigns among "the best" in the Village.


Let us hope this drama does not continue to go on endlessly and that Harlem will have some good candidates for the position.


December 10, 2008

House Ethics Panel Expands Rangel Inquiry

By DAVID KOCIENIEWSKI


The House ethics committee voted on Tuesday to expand its investigation into Representative Charles B. Rangel to examine his role in preserving a tax loophole for an oil drilling company whose chief executive pledged $1 million to a City College of New York project that will bear the congressman’s name.


Mr. Rangel, whose personal finances and fund-raising have been the subject of an inquiry for several months, came under renewed scrutiny last month, when The New York Times reported that he was a pivotal figure in stymieing efforts to close a tax shelter for Nabors Industries and three other companies during the same month that the chief executive of Nabors made a $100,000 donation to C.C.N.Y.’s Rangel Center of Public Service.


The chief executive, Eugene M. Isenberg, had acknowledged that he and a company lobbyist met with Mr. Rangel at the Carlyle Hotel in New York on Feb. 12, 2007, the same day that the Ways and Means Committee, of which Mr. Rangel is chairman, was considering a bill that left the loophole intact, but said they did not discuss his pledge to donate $1 million to the school.


Mr. Rangel, a Democrat from Harlem, has strenuously denied any wrongdoing and this week asked that the ethics panel examine his relationship with Nabors.


The ethics committee statement did not set a timetable for the inquiry, but lawyers and congressional aides said that the expansion of the investigation means it is unlikely that the panel will complete its case by Jan. 3, as House Speaker Nancy Pelosi suggested last month.


Republicans have called for Mr. Rangel to step down as chairman of the Ways and Means Committee, which shapes tax policy and will be instrumental in crafting President-elect Barack Obama’s proposed fiscal stimulus program to jump-start the flagging economy.


Original Article:

http://www.nytimes.com/2008/12/10/nyregion/10rangel.html?_r=1&scp=1&sq=rangel&st=cse


TH

Watching Out For The Village!

Sunday, November 30, 2008

The Hill newspaper kicks in with its take on the matter of Congressman Charles Rangel.

Washington Post says Rangel should step down

By Susan Crabtree

Posted: 11/29/08 06:05 PM [ET]


The Washington Post has joined the New York Times in calling for Rep. Charles Rangel (D-N.Y.) to step down as chairman of the Ways and Means Committee in light of new ethics charges that emerged earlier this week.

The Times reported Tuesday that Rangel helped preserve a valuable tax loophole for an oil and gas drilling company while the company’s chief executive, Eugene Isenberg, was pledging $1 million to the Charles B. Rangel School of Public Service at City College of New York.


Rangel has said the timing of the donation’s pledge was not related to his decision to oppose legislation closing the tax loophole.


But the Post editorial board on Saturday was skeptical about the coincidence, noting that Rangel met Isenberg to discuss the businessman’s support of the Rangel school the same day the tax legislation was being considered in the Ways and Means Committee. Right after his meeting with Isenberg, Rangel met with the company’s lobbyists, to make sure Rangel would not close the loophole.


The revelation is the latest in a series of allegations that have surfaced in the past five months. Rangel also has been accused of paying below-market rents on four apartments, including one that he illegally used as a campaign office. He has since given that office up. In addition, Rangel failed to pay tens of thousands of tax dollars on rental income on a vacation home in the Dominican Republic. He has since hired a forensic accountant to determine exactly how much he owes for the past 17 years. He failed to report the value of a condominium in Florida and did not report a privately sponsored trip on his House travel disclosure forms. He also used congressional letterhead to request meetings to promote donations to the City College education center bearing his name.


The ethics committee is investigating the allegations, and Speaker Nancy Pelosi (D-Calif.) on Wednesday said she expects the panel to wrap up its investigation by the end of this Congress, Jan. 3.


The Times on Wednesday called on Pelosi to force Rangel to step down from the Ways and Means panel. The Post also argued that the time has come for Rangel to relinquish the post.


“At a time when President-elect Barack Obama is holding frequent news conferences to reassure the markets and the American people that he is ready to lead the nation to economic recovery, the last thing he will need is a chairman of Ways and Means caught up in a swirl of serious allegations,” the Post opined.


Original Article: http://thehill.com/leading-the-news/washington-post-says-rangel-should-step-down-2008-11-29.html

TH
Watching Out For The Villiage!