â€œRepublicans don’t want real reform, because for more than 10 years they have benefited from their culture of corruption. Instead of seizing the opportunity today to enact real reform, Republicans once again put the special interests first, leaving the American people to pay for the Republican culture of corruption.â€ — (Not My)– Feb. 1, 2006 Speaker Nancy Pelosi
The Texas financier accused by the Securities and Exchange Commission Tuesday of â€œmassive ongoing fraudâ€ was a generous political donor who gave more heavily to Democrats.
Since 2000, R. Allen Stanford, the chief of the Stanford Financial Group in Houston, his wife and company gave $2.2 million in political contributions â€” $1.7 million to Democratic candidates and committees â€” according to Federal Election Commission records.
The most recent donation on record was $300,000 from Stanford Financial Group to the Democratic Governors Association, a so-called 527 group not subject to campaign contribution limits.
Other big beneficiaries included the Democrats’ congressional campaign committees, which received $1.2 million over the years, and their Republican counterparts, which got $322,000, including a $28,500 personal donation last year to the National Republican Congressional Committee.
Stanford and his companies gave $128,500 to the Republican National Committee, plus $2,000 to Sen. Richard Shelby (R-Ala.), $4,000 to Sen. Charles Schumer (D-N.Y.), $4,000 to Rep. Charles Gonzalez (D-Texas), $4,000 to Sen. John Cornyn (R-Texas) and $4,800 to the committees of Rep. Charles B. Rangel (D-N.Y.), among other contributions.
Under Nancy’s breaking the “Republican culture of corruption”, she has successfully cowed MILLIONS of dollars to keep her and the Socialist Democrats of America in power.
Let’s take a bet on which of the parties’ groups and Members of Congress return the money… and which don’t.Â Â I’m confident Charlie Rangel will be the last to cough up his green.