Corruption in high places - U.S. Sen. Claire McCaskill - UPDATE

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Nice little sweetheart deal there - from The Kansas City Star:

Businesses linked to McCaskill’s husband get $131 million in federal dollars
Businesses tied to U.S. Sen. Claire McCaskill’s husband have been awarded more than $131 million in federal subsidies since the Missouri Democrat took office in 2007, an analysis by The Kansas City Star found.

Joseph Shepard’s personal income from his investments in those businesses has grown exponentially during his wife’s two terms in the Senate.

The federal payments don’t go directly into Shepard’s pocket. Most of the money goes toward operating costs for government-subsidized housing projects Shepard is invested in. Those companies then distribute the profits to Shepard and other investors.

In 2006, the year before McCaskill entered the Senate, her husband’s personal income from those investments was between $1,608 and $16,731, according to the senator’s financial disclosure forms.

In 2017, five years into McCaskill’s second term, Shepard personally earned between $365,374 and $1,118,158 from investments in housing projects that received federal subsidies, the disclosure forms show. Disclosure forms only provide ranges of income.

A perfect example of someone who went to Washington to do good and wound up doing well. Very well.

UPDATE: Just ran into this story from October 2011 - seems she has been having money issues for a while. From Politico:

McCaskill sells 'damn plane'
Sen. Claire McCaskill has sold her private plane for nearly $2 million, seven months after she admitted she failed to pay more than $300,000 in state property taxes on the aircraft over four years.

And I do not know if she lied about selling it or turned around and purchased another one but there is this story from June of this year - The Washington Free Beacon:

Claire McCaskill’s Private Plane Used on Campaign’s RV Tour Through Missouri
Sen. Claire McCaskill (D., Mo.) said her campaign was "hitting the road" in an RV to tour the state, but public flight information indicates that travel also occurred on her million-dollar private plane.

Talk about craven...

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This page contains a single entry by DaveH published on July 24, 2018 4:34 PM.

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