Texas jury finds Tom DeLay guilty of money laundering
A Travis County jury today found former U.S. House Majority Leader Tom DeLay guilty of political money laundering charges relating to a corporate money swap in the 2002 elections.
The verdict came down five years after DeLay was forced to step down as the second most powerful Republican in the U.S. House. The charges also led DeLay to resign from his Sugar Land congressional seat in 2006.
DeLay was accused of money laundering and conspiracy to commit money laundering. On the conspiracy charge, DeLay faces a sentence of two to 20 years in prison and five to 99 years or life in prison on the money laundering count…
At the center of the case against DeLay was an exchange of $190,000 in corporate donations to TRMPAC for an equal amount of money donated by individuals to the Republican National Committee. The RNC money was given to seven Texas candidates specified by TRMPAC.
Corporate money cannot be used in candidate campaigns in Texas.
Not that it’s a problem any longer in national elections – thanks to the Republican/Roberts Supreme Court.
Still, it’s nice to a little corruption recognized for the slime and crime that it is.
“I’m not going to blame anyone,” he said. “This is an abuse of power.
First he says this.. then he says that– and all in the same breath.
Morey
November 24, 2010 at 6:42 pm
His mug shots remind me of the old riddle:
Q:
A: His lips are moving.
(You know the question.)
Flo
November 25, 2010 at 9:59 pm