Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Democrat leader [Harry Reid] reaped $1.1 million from sale of land he didn't own
USA Today/AP | flashback 10/11/2006 | By John Solomon And Kathleen Hennessey, Associated Press

Posted on 04/27/2014 11:04:52 AM PDT by Jim Robinson

Excerpts:

WASHINGTON — Senate Democratic Leader Harry Reid collected a $1.1 million windfall on a Las Vegas land sale even though he hadn't personally owned the property for three years, property deeds show.

VIDEO: Reid land deal may violate rules [scrubbed]

In the process, Reid did not disclose to Congress an earlier sale in which he transferred his land to a company created by a friend and took a financial stake in that company, according to records and interviews.

The Nevada Democrat's deal was engineered by Jay Brown, a longtime friend and former casino lawyer whose name surfaced in a major political bribery trial this summer and in other prior organized crime investigations. He's never been charged with wrongdoing — except for a 1981 federal securities complaint that was settled out of court.

Land deeds obtained by The Associated Press during a review of Reid's business dealings show:

•The deal began in 1998 when Reid bought undeveloped residential property on Las Vegas' booming outskirts for about $400,000. Reid bought one lot outright, and a second parcel jointly with Brown. One of the sellers was a developer who was benefiting from a government land swap that Reid supported. The seller never talked to Reid.

•In 2001, Reid sold the land for the same price to a limited liability corporation created by Brown. The senator didn't disclose the sale on his annual public ethics report or tell Congress he had any stake in Brown's company. He continued to report to Congress that he personally owned the land.

•After getting local officials to rezone the property for a shopping center, Brown's company sold the land in 2004 to other developers and Reid took $1.1 million of the proceeds, nearly tripling the senator's investment. Reid reported it to Congress as a personal land sale.

The complex dealings allowed Reid to transfer ownership, legal liability and some tax consequences to Brown's company without public knowledge, but still collect a seven-figure payoff nearly three years later.

Reid hung up the phone when questioned about the deal during an AP interview last week...

More at link:

http://usatoday30.usatoday.com/news/washington/2006-10-11-reid_x.htm


TOPICS: Crime/Corruption; Government; News/Current Events; US: Nevada
KEYWORDS: corruptreid; criminal; crook; harryreid; jaybrown; mobtool; nevada; reid
http://usatoday30.usatoday.com/news/washington/2006-10-11-reid_x.htm
1 posted on 04/27/2014 11:04:52 AM PDT by Jim Robinson
[ Post Reply | Private Reply | View Replies]

To: Jim Robinson

What a corrupt and dirty little man Reid is. A real reprobate.


2 posted on 04/27/2014 11:06:49 AM PDT by ought-six ( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoosiermama; BuckeyeTexan; xzins; Ray76

Thanks for the link, hoosiermama.


3 posted on 04/27/2014 11:09:23 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson
Jim, It is readily apparent to those of us who live in the state of NV that HR is one of the the most filthy, slimy little Rats that have been in congress. Personally I wouldn't pi$$ in his face if he was on fire.
4 posted on 04/27/2014 11:11:55 AM PDT by mongo141 (Revolution ver. 2.0, just a matter of when, not a matter of if!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson

An oldie Goldie that’s being passed around again ... Cause its relevant !

Looks like Louisiana has filed ethics complaint. Time to pile on! And insist he give up all his positions of power in the senate. Step down until the issues are resolved or he’s wearing orange ;-)


5 posted on 04/27/2014 11:14:32 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Jim Robinson

6 posted on 04/27/2014 11:16:02 AM PDT by 2ndDivisionVet (I will raise $2M for Cruz and/or Palin's next run, what will you do?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson

And this is why you won’t see Dirty Harry having hearings on the Bundy
RAID. His corruption on a massive scale would be exposed.


7 posted on 04/27/2014 11:17:03 AM PDT by tennmountainman (Just Say No To Obamacare)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson
And Reid will get away with it. He is an important part of the communists Democrat clan in Washington. Nice to know so much of Washington is corrupt and the criminals will never get punished.

By the way, miss Romney yet? Lost lost in 2012 and never be recovered.

8 posted on 04/27/2014 11:17:14 AM PDT by Logical me
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson

Republicrats war on hairy reid-iculous? LOL! He don’t care.


9 posted on 04/27/2014 11:18:37 AM PDT by rktman (Ethnicity: Nascarian. Race: Daytonafivehundrian)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Logical me

Primary elections matter.


10 posted on 04/27/2014 11:19:06 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Logical me

Oh yea, Myth would have been all over this.

Or not.


11 posted on 04/27/2014 11:20:58 AM PDT by MileHi
[ Post Reply | Private Reply | To 8 | View Replies]

To: Jim Robinson

If we were a nation of laws, this mud crawler would be doing life.


12 posted on 04/27/2014 11:21:20 AM PDT by morphing libertarian
[ Post Reply | Private Reply | To 1 | View Replies]

To: ought-six

he’s a DC politician, corrupt is a given or he wouldn’t be there.


13 posted on 04/27/2014 11:23:20 AM PDT by drypowder
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jim Robinson

I wonder how much he was expecting from the Bundy ranch?


14 posted on 04/27/2014 11:27:39 AM PDT by null and void ( They don't think think they are above the law. They think they are the law.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All
"Democrat leader [Harry Reid]
reaped $1.1 million from sale
of land he didn't own."


 photo TheBearfromInglBast.jpg

Help FR Continue the Conservative Fight!
Your Monthly and Quarterly Donations
Help To Keep FR In The Fight !!


Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!


15 posted on 04/27/2014 11:28:50 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
[ Post Reply | Private Reply | To 1 | View Replies]

To: null and void

Look at this!

http://www.youtube.com/embed/vev634mcJSM?autoplay=1


16 posted on 04/27/2014 11:36:48 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now)
[ Post Reply | Private Reply | To 14 | View Replies]

To: ought-six

This is how corrupt politicians work.


17 posted on 04/27/2014 11:38:50 AM PDT by Big Horn (Rebuild the GOP to a conservative party)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jim Robinson

—when this originally came out in the LA Times , I called Reid’s office and asked when he was going to do real estate seminars , as I wished to do the same-—I got hung up on-—


18 posted on 04/27/2014 11:43:37 AM PDT by rellimpank (--don't believe anything the media or government says about firearms or explosives--)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson

The next segment of her shows deals with the land in Texas— almost as good

Her show is repeated again here on Sunday. Well worth viewing again!!


19 posted on 04/27/2014 11:48:55 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now)
[ Post Reply | Private Reply | To 16 | View Replies]

To: hoosiermama

http://www.youtube.com/embed/vev634mcJSM?autoplay=1

Great link... hope everyone sees it...


20 posted on 04/27/2014 11:49:05 AM PDT by GOPJ (Democrats are waging war on the middle class...)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Jim Robinson

The next segment of her shows deals with the land in Texas— almost as good

Her show is repeated again here on Sunday. Well worth viewing again!!


21 posted on 04/27/2014 11:49:51 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Jim Robinson

The next segment of her shows deals with the land in Texas— almost as good

Her show is repeated again here on Sunday. Well worth viewing again!!


22 posted on 04/27/2014 11:49:53 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now)
[ Post Reply | Private Reply | To 16 | View Replies]

To: mongo141

I’d piss in his face whether it was on fire or not.


23 posted on 04/27/2014 12:16:34 PM PDT by VerySadAmerican
[ Post Reply | Private Reply | To 4 | View Replies]

To: ought-six

There is no doubt in my mind he’s also a pedophile. I mean, look at him!


24 posted on 04/27/2014 12:18:33 PM PDT by VerySadAmerican
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jim Robinson

The guy is a sleezy low life.

I haven’t been to Las Vegas since this scumball was re-elected and I won’t be back until he is GONE.


25 posted on 04/27/2014 1:04:48 PM PDT by mowowie
[ Post Reply | Private Reply | To 1 | View Replies]

To: musicman

The Bear


26 posted on 04/27/2014 1:08:20 PM PDT by Ray76
[ Post Reply | Private Reply | To 15 | View Replies]

To: Jim Robinson
The deal began in 1998 when Reid bought undeveloped residential property on Las Vegas' booming outskirts for about $400,000. Reid bought one lot outright, and a second parcel jointly with Brown. One of the sellers was a developer who was benefiting from a government land swap that Reid supported.

One can substitute Rezco for Brown and Obama for Reid.

27 posted on 04/27/2014 1:11:15 PM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ray76

28 posted on 04/27/2014 1:14:32 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
[ Post Reply | Private Reply | To 26 | View Replies]

To: Jim Robinson

Here’s the longer version including the segment on Texas

http://www.youtube.com/embed/q8OYifp2IAE?autoplay=1


29 posted on 04/27/2014 2:02:43 PM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now)
[ Post Reply | Private Reply | To 22 | View Replies]

To: ought-six

Harry, Line My pockets With Money, Reid. For the right price you can buy reids support for anything, just so him the money as no corrupt or crooked deals are to slimy for his bought support.


30 posted on 04/27/2014 4:50:58 PM PDT by chiefqc
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jim Robinson

Put this domestic terrorist in jail were he belongs!


31 posted on 04/27/2014 5:37:03 PM PDT by Alas Babylon!
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jim Robinson

Harry Reid-Corleone


32 posted on 04/28/2014 8:28:06 AM PDT by BuckeyeTexan (There are those that break and bend. I'm the other kind. ~Steve Earle)
[ Post Reply | Private Reply | To 3 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson