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Business Group Charged With Illegal Political Funding

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posted on Sep, 9 2005 @ 08:33 AM
The Texas Business Association, Texas' leading business organization representing companies from the largest multi-national corporations to small businesses, has been charged with four third-degree felonies and 128 allegations in association with raising $1.7 million in "secret, improper" donations.< br /> A grand jury issued four indictments against Texas' largest business organization Thursday, charging the group with raising $1.7 million in secret, improper donations that it used to help Republicans take control of the state House in 2002.

The Texas Association of Business is charged with four third-degree felonies, which encompass 128 allegations that illegal corporate donations were used to assist business-friendly GOP candidates in 21 House races and two Senate seats. Each count carries a possible $20,000 fine, for a total of about $2.6 million.

The charges are the latest blow for the Republican-aligned groups that worked to give the party a complete grip on Texas government. And they raised questions of whether the prosecutor, Travis County District Attorney Ronnie Earle, is building a case against top elected Republicans, such as Texas House Speaker Tom Craddick and U.S. House Majority Leader Tom DeLay.

Please visit the link provided for the complete story.

This is yet another blow for U.S. House Majority Leader Tom DeLay which is already under investigation for ethics violations and for his association with Jack Abramoff, who himself was recently indicted for fraud to the tune of more than $26 million and is also under investigation for "swindling" money from Indian casinos.

Related News Links:

Related Discussion Threads:
POLITICS: Lobbyist Abramoff Indicted On Fraud Charges

[edit on 27-9-2005 by DJDOHBOY]

posted on Sep, 9 2005 @ 08:48 AM
Quick, the shadow government is finally ditching the Republican party like a hot potato. Their use, after Katrina, is wanning too much, quick everyone vote for Democrats to save the day! When the Dems win a land-slide general election in 2008, via the financial support of the shadow government, they'll have the strong arm of government back again. A strong arm to continue fleecing the tax payer and instating what ever laws grease the wheels of commerce the most.

Disclaimer: The above is not an insult to either political party whatsoever, its a swipe at those really in power, who are unelected that are now allowing public sentiment to shift in its seat to the opposite side. This bum-cheek is getting numb.

posted on Sep, 9 2005 @ 09:02 AM
No suprises here, however I'm suprised that there hasn't been a coverup. But it's great that finally somebody is going to do something about the political corruption. I wonder if this has anything to do with the appointment of FEMA's current director.

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