Sunday, September 13, 2009

Charlie Rangel's Rental Disorder

The hits just keep on coming for corrupt Democrat Charlie Rangel. Up to his neck in ethics violations, tax re-filings and discoveries of new-found wealth, today we learn Nancy Pelosi's biggest headache reported no rental income from a rundown row house for an eight-year period.

Of course mentioning this is raaaacist, but we'll take our chances.
Rep. Charles Rangel reported no rental income for eight years on his rundown Harlem row house, even though public records show tenants were living there.

The powerful chairman of the House Ways and Means Committee said he received nothing from 1993 to 2000 on the six-unit building, according to federal financial disclosure forms.

But one current tenant told The Post she had lived at the building for 20 years -- and paid rent during that period.

Another said her former boyfriend called 74 W. 132nd St. home for many years, paying about $500 a month in rent.

While Rangel claims to have taken in not a dime in eight years, at least four tenants lived in the building during that time, The Post found.

His nephew, Christopher Rangel, still lives there.

The Democratic lawmaker, who is being probed by the House Ethics Committee for a laundry list of alleged financial misdeeds, has had a hard time keeping his story straight on the apartment building.

Rangel's grandfather bought the red-brick house in 1923. Rangel's sister transferred the property to the congressman's wife, Alma, in 1973 for $10,000, city records show. Rangel sold it in 2004 for $410,000 -- a hefty profit -- to the First AME Church Bethel.

He filed amended disclosure forms last month showing that in 2004 he failed to reveal between $500,001 and $1 million in capital gains and rent from the building.

Rangel's reporting of his yearly rental income for the building has swung widely -- from nothing to up to $50,000, the federal disclosure forms show.

* In 1987, he claimed the building brought in between $5,001 and $15,000.

* In 1991, he amended his 1990 form to say the property produced a loss.

* Less than a month later, he said the gross rent was between $15,000 and $50,000, the same amount he reported in 2002.

* In 1993 and 1994, he failed to enter anything about the property's income.

* From 1995 to 2000, he checked a box to show he earned no income.

* In 2001, Rangel claimed income for the building, reporting between $2,501 and $5,000 a year. He did the same in 2002 and 2003, then amended the reports to show income between $15,000 and $50,000.

Even if expenses on the building brought his take to nothing in certain years, he was required to report the gross rent.
Meanwhile, some Rangel defenders with their heads in the sand came out to show solidarity with the corrupt Democrat yesterday.
Though he's facing critics in Washington over financial improprieties, Rep. Charles Rangel got nothing but love at home Saturday.

"I'm here to show support for my brother," said former Mayor David Dinkins who was among 75 local politicians, church leaders and union members who rallied for Rangel in Harlem.

"He's a very powerful member of Congress, and they would like to take him down. But that's not going to happen."
Who is this they the worst mayor in the history of New York City speaks of?

I find it amazing how Pelosi wants to drag Joe Wilson up on the House floor to "apologize" for pointing out the fact Barack Obama is a brazen liar yet she continues to look the other way at obvious criminal behavior by a senior Democrat.

Instapundit links. Thanks!

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