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Monday, March 19, 2018

How McConnell and Chao used political power to make their family rich

Peter Schweizer, who delved into the Clinton Foundation’s dealings in 2016’s “Clinton Cash,” has turned his sights to the money-making machinations of DC’s political elite.

His new book, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” — due out Tuesday from Harper Collins — exposes how politicians engage in “corruption by proxy” by exploiting family and business ties to enrich themselves and their relatives.

Here, The Post’s Larry Getlen details the book’s revelations on Senate Majority Leader Mitch McConnell and Transportation Secretary Elaine Chao, ex-Commerce Secretary Penny Pritzker and others:

In 2004, current Senate Majority Leader Mitch McConnell and his wife, current US Transportation Secretary Elaine Chao, had an average net worth of $3.1 million. Ten years later, that number had increased to somewhere between $9.2 million and $36.5 million.

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5 comments:

Anonymous said...

NOW we know why McConnell and his merry band of rino's didnt want Trump

lmclain said...

Two Sets of Laws.

IN YOUR FACE and they don't give a rat's ace whether you know it or not....
YOU or I don't report $100 or somehow go from $70,000 a year to 3 MILLION a year, the IRS sends a couple of agents to your house with some questions.
And you BETTER have the right answer.
THEY have, perhaps, increased their wealth 10 times over (maybe more, because the reporting parameters are deliberately vague --- written by you know who) and the IRS only sees...uh.....er.....nothing.
They ALL do it. On government salaries.
Even "your guy", whether you believe it not.
Keep cheering.

Anonymous said...

Don't be so hard on Mitch. He's the only reason we got Gorsuch on the Supreme Court.

Anonymous said...

Are you back from Illinois? Standing shoulder to shoulder with the young Americans ? how was it ?

lmclain said...

Yeah, I am.
I brought you a new dress, too.
You were at the flower shop, so I gave it to your mom to give to you later.
Size 28.
She just threw it on the nightstand.
She was a little busy at the time.
You know what I'm saying, right?