Saturday, March 5, 2011

Rory Reid Lucky He wasn't Elected Governor Or He Would Have Been Impeached

My guess is that when Rory Reid was defeated in his bid for governor, he was probably fairly happy.
It turns out that Rory has been playing loose and easy with PAC money and the law and he was caught red handed.
From the Las Vegas Sun: In one of the most brazen schemes in Nevada history, gubernatorial candidate Rory Reid’s campaign formed 91 shell political action committees that were used to funnel three quarters of a million dollars into his campaign, circumventing contribution limits and violating at least the spirit – and maybe the letter – of the laws governing elections.
Reid, who was fully aware of what was done, essentially received more than $750,000 from one PAC – 75 times the legal limit -- after his team created dozens of smaller PACS that had no other purpose other than to serve as conduits from a larger entity that the candidate funded by asking large donors for money. Indeed, the shell PACs were formed in the fall and dissolved on Dec. 31, after they had served their short-term function, which was to help the candidate evade campaign contribution laws.
Reid solicited donations for the Economic Leadership PAC, which raised more than $800,000 over a five-month period – donations that were then disbursed in $10,000 increments to dozens of other PACS, which quickly funneled the money back to the candidate’s campaign account.
Records show many of the PACS had names implying rural provenance –such as the Douglas County Committee for Change and Lyon County Leadership Fund – but they all had the same Las Vegas residential address before being quietly dissolved after the election. The money laundered through these PACS often resided there only for a couple of days, a transaction that was needed to, they believed, comply with contribution limits on a technicality. The Reid campaign could then quickly make use of the money in a futile attempt to salvage his faltering gubernatorial bid.

http://www.lasvegassun.com/blogs/ralstons-flash/2011/mar/04/rory-reids-gubernatorial-campaign-circumvented-con/
First, this story was broken by Jon Ralston, a huge Rory and Harry Reid supporter in the media and he admits it. Did Ralston know about this before the election and withheld the information?
Second, it would be a very long stretch if daddy Reid did not know about this.
Finally, this may be the end of Rory Reid and any other Reid involvement in politics, at least for a long time.
If Jon Ralston is calling out Rory Reid, albeit, after the election, then he is doomed. When uber liberal, Jon Ralston, calls out a fellow liberal, they are doomed. Just ask Dina Titus.

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