Rep. Charles Rangel (D-NY) went on Fox News Sunday this morning and condemned “greed.”
You know Charlie, the guy who:
- grabbed four rent-controlled apartments in NYC;
- rides around at taxpayer expense in an $800/month Cadillac; and
- writes our tax laws as Chairman of the Ways & Means Committee, but didn’t pay his own taxes on a rental property in the Dominican Republic, blaming “cultural and language barriers.”
Here was Rangel, explaining the flip-flop by which he now supports the 90% tax on bonuses to employees of firms receiving big bail-out bucks.
CHRIS WALLACE: Congressman Rangel, after that bill you sponsored last week to tax bonuses at 90% and also the way that AIG was attacked on Capitol Hill, why would any private company want to do business with the government
CHARLES RANGEL: Well, it may allow them to understand what the American people feel about their method of compensation. You know, this is an entire different world that they live in. They have no idea the sensitivity of people losing their jobs, their health care, their homes. And it’s time now, and I think the president made it abundantly clear, that we have to level the playing field so that people understand the, what happens, the results, of some of their problems with greed.
Of all Rangel’s pecadilloes, his taking of four rent-controlled apartments rankles me the most. Here is a program [as ill-conceived as I believe it to be] designed to help lower-income people find affordable housing in NYC, and Rangel swoops in and grabs four apartments for himself. Talk about “greed.” Talk about living in a “different world,” Charlie.


2 Comments
I heard this Sunday…I seethed.
…and this creature sits at the Head of the Ways and Means committee who WRITE the tax-laws, at the least he should have stepped down, been ousted from a seat in congress and be behind bars as far as I am concerned, but heck, he’s a ‘D’…they are the pompous dictators anymore.
Wake UP America!
“Well, it may allow them to understand what the American people feel about their method of compensation.”
Sorry, Charlie, it is none of your business, nor anyone else’s, how private employers choose to compensate their employees.
Whether they received bailout money or not is irrelevant.
Oh, and thank you Charlie for your vote to go after specific individuals with confiscatory taxes. After all, all you are managing to do is move us that much closer to a third-world banana republic, because that is what they do.
BTW Charlie, are there any plans to go after the $90 mil Mr Raines walked away from a government job with?
No government bureaucrat is worth $90 mil.
-Dave