July 12, 2002

Financial Scandals Bite Dems

Whoops! Looks like in addition to Congressman Moran's cozy arrangement with MBNA, other Dems have some financial misdeeds of their own - like Dick Gephardt and pseudo-moralist Terry McAuliffe:

"It is hard to lead when you haven't done the things that you're asking others to do," Rep. Richard Gephardt of Missouri, the Democratic leader in the House of Representatives, said of President Bush's low-interest loans more than a decade ago from an oil company where he served as a director.
"It's time this CEO, President Bush, took responsibility for his actions as a private businessman and as President of the United States," Democratic National Committee Chairman Terry McAuliffe declared this week. ""President Bush likes to preach responsibility.... when it comes to his own records, the motto is: 'The buck stops over there.'"
Yet records show: A bank founded by DNC chairman Terry McAuliffe -- which federal regulators determined used unsafe and unsound banking practices -- awarded an "unusual and unsecured" loan to Gephardt in the late 1980s!

Like I said yesterday, if the Democrats want to make ethical and financial improprities a campaign issue....

Bring It On.

Posted by wasylik at July 12, 2002 03:00 PM
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