Culture of Corruption - Just Another Day...

By mbecker908 Posted in Comments (6) / Email this page » / Leave a comment »

Remember the Culture of Corruption? Ronald Kessler at NewsMax has a great article today...

A database company that has showered money on Bill and Hillary Clinton – and is alleged to have aided scam artists – now appears to have close links to House Speaker Nancy Pelosi's family as well.

The firm InfoUSA, headed by major Clinton backer Vinod Gupta, has placed Pelosi's son, Paul Pelosi Jr., on its payroll – even though he has no experience in the company's main business activities, NewsMax has learned.

[...]

The company is also under fire in a shareholder lawsuit which alleges that Gupta is appropriating company funds for personal use and his political pet projects.

Shareholder critics are furious that Gupta had InfoUsa pay former President Bill Clinton $2.1 million in "consulting fees" since he left the White House, with another $1.2 million promised.

[...]

Just four weeks after Nancy Pelosi became speaker of the House this past January, Gupta and InfoUSA hired her son as a senior vice president. He told NewsMax InfoUsa pays him $180,000 a year.

Even though his job with InfoUSA is considered full-time, Paul Pelosi continues another full-time job, as a home loan officer at Countrywide Home Loans, part of Countrywide Financial, in San Mateo, a suburb of San Francisco.

While InfoUSA is based in Omaha, Pelosi said he reports to a small InfoUSA office in San Mateo.

[...]

Asked what a home mortgage loan officer would know about the business of InfoUsa which manages databases about consumers for direct mail and telemarketing, Pelosi said his experience in investment banking has been useful to the company in its acquisitions of other companies.

Highlights are mine.

Nice work if you can get it...

FWIW, I run a branch of a mortgage bank and before that, I spent 25 years doing M&A. You would do well to think that Mr. Pelosi's statement is well beyond hogwash.

Read the whole article...

I would associate with the democrats. They are spammers. Their primary product is used to annoy people with sales calls.

Yep its a D.
______________________________
"Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it."
-Thomas Paine: The American Crisis, No. 4, 1777

It's war -- so when can we start shooting back at the enemy Democrats?

When it's the Democrats. People expect it and find it clever that they "get away with it."

Good job.

___________
As long as Democrats keep getting elected, conservatives will never get what they want.

as in fat, nasty turds.

How can our country survive being governed by these rats?

I meant what I said and I said what I meant. An elephant's faithful 100 percent.

From the Newsmax piece:
Nor does he "think" his hiring was related to his mother becoming speaker, he said. But he acknowledged the timing raises a "good question."
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Actually there is a reasonable tie in between InfoUSA and the mortgage banking - just look at how much spam and direct mail is targeted towards refinancing and non-traditional mortgages.. Paloozi is probably trying to make a buck in the high risk mortgage arena. It'd be interesting to see what types of deals he's working at Countrywide and how InfoUSA fits in. My bet is that it's not with high-end or corporate customers.
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"Enlightened statesmen will not always be at the helm." -- James Madison

"Hi, my mom's Speaker of the House. What's the interest rate on your loan?"

The guy writes mortgages. He probably has good contacts thru his parents, that's how he met his new boss.
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CongressCritter™: Never have so few felt like they were owed so much by so many for so little.

 
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