Showing posts with label tax exempt bonds. Show all posts
Showing posts with label tax exempt bonds. Show all posts

Wednesday, January 14, 2009

Tax Exempt Bonds for Robert Congel

Larwyn just forwarded this article from the Washington, DC Examiner. It is refreshing to see the kind of moral leadership that the Democrats can provide.

>The former first lady in 2004 pushed legislation providing tax-exempt bonds for developer Robert Congel, and another measure providing $5 million for road construction that helped a Congel project. At about the same time, he gave $100,000 to former President Clinton's foundation. Congel has also made multiple donations to Sen. Clinton’s campaigns, according to FEC records.

This story augurs ill for Barack Obama's infrastructure plans. Not that I oppose improvement of infrastructure. It is a state-level responsibility, and the federal government isn't competent to the task, nor is it honest enough.