How to sell your house or business for more than twice its value
Easy. Just become a health industry-friendly Blue Dog congressman!
ProPublica, Rachel Maddow, Politico and others, have been reporting that two years ago, "Blue Dog" congressman Mike Ross (D-AR) was paid $420,000 for a property worth $198,000. That's more than twice its real value. The buyer was a big pharmacy chain (USA Health). Makes you wonder why this pharmacy overpaid Ross.
Was the buyer expecting Ross to legislate in a favorable way toward the health care industry, and by extension to themselves?
Ross is a strong opponent of progressive-style health reform.
The ethics watchdog CREW smells a rat and has now called for an investigation on the matter.
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Chris Dodd gets special treatment on his mortgages.
Charlie Rangel "forgets" about lots of real estate income and brokerage accounts when it comes time to file his tax returns.
THEY ARE ALL CROOKS!! TOTALLY OUT OF TOUCH WITH REALITY!!
September 24, 2009 8:53 PM | Reply | Permalink
So a fierce opponent of health care reform had a sweetheart deal with another opponent of health care reform. If Ross is a strong opponent of health care reform anyway... where's the quid pro quo.
If Henry Waxman had gotten a $200K payout and then voted against health reform, I'd be impressed.
September 25, 2009 11:40 AM | Reply | Permalink