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

Skip to comments.

Valerie Jarrett Saved $200K On Real Estate Deal Using Tax Loophole She Opposes
Washington Free Beacon ^ | August 11, 2015 4:32 pm | Joe Schoffstall

Posted on 08/11/2015 5:02:35 PM PDT by Olog-hai

Valerie Jarrett, a top adviser to President Obama, purportedly saved $200,000 on a Chicago real estate deal by taking advantage of a tax loophole she openly opposes and actively worked to eliminate, according to a watchdog investigation.

The investigation, conducted by the Chicago-based Better Government Association (BGA), focused on the 2013 sale of a $160 million luxury high-rise in which Jarrett pocketed more than $1 million in profits.

Jarrett served as an executive at a Chicago real estate development firm called the Habitat Company prior to joining the White House as a senior adviser to Obama in 2009. While there, Jarrett helped develop a 46-story apartment complex called Kingsbury Plaza that was owned under the name of Grand Kingsbury LLC. …

(Excerpt) Read more at freebeacon.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; US: Illinois
KEYWORDS: chicago; highrise; loophole; valeriejarrett
Navigation: use the links below to view more comments.
first previous 1-2021-34 last
To: Anitius Severinus Boethius

I’m with you——what she did was legal.

.


21 posted on 08/11/2015 5:41:19 PM PDT by Mears
[ Post Reply | Private Reply | To 3 | View Replies]

To: Anitius Severinus Boethius

Did I say anything about the law per se? No. But you seem hell-bent on defending the hypocrisy of leftists who are just fine with taking advantage of what they claim to oppose.


22 posted on 08/11/2015 5:41:48 PM PDT by Olog-hai
[ Post Reply | Private Reply | To 20 | View Replies]

To: Mears

Nobody said it wasn’t legal. That’s not the point.


23 posted on 08/11/2015 5:42:58 PM PDT by Olog-hai
[ Post Reply | Private Reply | To 21 | View Replies]

To: Olog-hai

Again, you use the word hypocrisy. It isn’t hypocrisy to follow the law as written.

If she fought against the law, the law was changed, and she proceeded to behave as if the law were not changed, then that would be hypocrisy.

Your complaint with her is that she followed the law.

I have a lot of issues with Valerie Jarrett, but following the law is not one of them.


24 posted on 08/11/2015 5:44:16 PM PDT by Anitius Severinus Boethius (www.wilsonharpbooks.com - Sign up for my new release e-mail and get my first novel for free)
[ Post Reply | Private Reply | To 22 | View Replies]

To: Olog-hai

Leftists believe nothing of what they say


25 posted on 08/11/2015 5:45:55 PM PDT by Stand W ("Gentlemen! You can't fight in here! This is the WAR ROOM!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Anitius Severinus Boethius
Yes, it is “hypocrisy to follow the law as written” if you are trying to tear it down politically and claim that the law itself is unethical/immoral and the like, and then take advantage of it, thus saying via actions that it is not such a bad law after all. Makes it “for me but not for thee” as pointed out by others in this thread.
26 posted on 08/11/2015 5:46:49 PM PDT by Olog-hai
[ Post Reply | Private Reply | To 24 | View Replies]

To: Olog-hai

I think this is an example of “crying wolf” that makes so many people tune out legitimate complaints and scandals.


27 posted on 08/11/2015 5:50:04 PM PDT by Anitius Severinus Boethius (www.wilsonharpbooks.com - Sign up for my new release e-mail and get my first novel for free)
[ Post Reply | Private Reply | To 26 | View Replies]

To: Anitius Severinus Boethius

So Jarrett is no wolf?


28 posted on 08/11/2015 5:53:27 PM PDT by Olog-hai
[ Post Reply | Private Reply | To 27 | View Replies]

To: Olog-hai

I think this “scandal” is no wolf. And when you point out nonsense like this enough, people ignore other things you have to say.


29 posted on 08/11/2015 5:54:39 PM PDT by Anitius Severinus Boethius (www.wilsonharpbooks.com - Sign up for my new release e-mail and get my first novel for free)
[ Post Reply | Private Reply | To 28 | View Replies]

To: Anitius Severinus Boethius

So you also would not think it hypocritical for gun-control-supporting (anti-Second Amendment) politicians to buy guns and/or other ballistic weaponry, as well. I see.

The principle is (or is supposed to be) that one ought not do themselves what they attempt to proscribe others not to do. But you focus on the letter of the law rather than the spirit.


30 posted on 08/11/2015 5:58:29 PM PDT by Olog-hai
[ Post Reply | Private Reply | To 29 | View Replies]

To: MadMax, the Grinning Reaper

Yes, Pelosi, who is for Unions, but employs non-union workers at their businesses.


31 posted on 08/11/2015 6:11:47 PM PDT by Engedi
[ Post Reply | Private Reply | To 11 | View Replies]

To: Anitius Severinus Boethius; Olog-hai

Laws are spider-webs, which catch the little flies, but cannot hold the big ones.

- attributed to Anacharsis


32 posted on 08/11/2015 7:41:53 PM PDT by 1010RD (First, Do No Harm)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Olog-hai

It’s current law and allowable - stupid not to take advantage of it even while trying to plug it up.


33 posted on 08/12/2015 2:49:34 AM PDT by trebb (Where in the the hell has my country gone?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: trebb

Like I said to someone else, it’s like a gun grabber “tak(ing) advantage of it while trying to plug it up”—utter hypocrisy. If it be good for thee, ’tis good for all.


34 posted on 08/12/2015 6:25:37 AM PDT by Olog-hai
[ Post Reply | Private Reply | To 33 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-34 last

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