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- Xref: sparky misc.legal:23008 talk.politics.misc:68914 alt.president.clinton:1646
- Newsgroups: misc.legal,talk.politics.misc,alt.president.clinton
- Path: sparky!uunet!spool.mu.edu!uwm.edu!linac!att!att!ulysses!allegra!princeton!phoenix.Princeton.EDU!niepornt
- From: niepornt@phoenix.Princeton.EDU (David Marc Nieporent)
- Subject: Re: More of the House Bank "scandal" (was Pardon stuff...)
- Message-ID: <1993Jan21.000113.3405@Princeton.EDU>
- Originator: news@nimaster
- Sender: news@Princeton.EDU (USENET News System)
- Nntp-Posting-Host: phoenix.princeton.edu
- Organization: Princeton University
- References: <1j9pj8INNa8o@tortoise.cis.ohio-state.edu> <1993Jan19.223006.12627@nsisrv.gsfc.nasa.gov> <1jic1jINN7uk@tortoise.cis.ohio-state.edu>
- Date: Thu, 21 Jan 1993 00:01:13 GMT
- Lines: 75
-
- In article <1jic1jINN7uk@tortoise.cis.ohio-state.edu> csmith@cis.ohio-state.edu (craig edward smith) writes:
- >In article <1993Jan19.223006.12627@nsisrv.gsfc.nasa.gov> dsc@gemini.gsfc.nasa.gov (Doug S. Caprette Bldg. 28 W191 x3892) writes:
- >>In article <1j9pj8INNa8o@tortoise.cis.ohio-state.edu> csmith@cis.ohio-state.edu (craig edward smith) writes:
-
- >>>Suppose they had been returned--who would have caught flack?
-
- >>If they had been returned it would have been in violation of 'bank' policy.
- >>So, this hypothetical event is clearly non sequitor.
-
- >The written bank policy limits checks to a "line-of-credit" equal to a
- >month's salary. Honoring checks beyond that amount was against written
- >bank policy. So, this hypothetical event is not at all a non sequitor.
-
- That was written bank policy, but it wasn't bank custom.
-
- >>> You would have
- >>>seen the man running the bank out on is rear end so fast. . . And then
- >>>replaced with someone who would do it 'right' (read: the way they want it
- >>>done)! The house knew all along what was going on, and didn't mind this extra
- >>>perk, despite that it was done with TAXPAYER MONEY, NO FELLOW CONGRESSMEN'S
- >>>MONEY!
-
- >>Well, every congressman's paycheck consists of taxpayer's money, does it not?
- >>Is this the basis for the statement you were making above when your Caps key
- >>got stuck?
-
- >Not at all. The "line-of-credit" was not yet their salary. It was therefore
- >still taxpayer money, plain and simple, without caps.
-
- No, IT WAS OTHER CONGRESSPEOPLE'S MONEY. NOT TAXPAYER'S.
-
- >>>So either it was fraud, or it was a perk that no one else gets (as if they
- >>>needed any more). None the less, lack of financial accountability is clearly
- >>>shown in the running of the 'bank' and therefore we cannot trust congress
- >>>with financial accountability in the spending of our tax money.
-
- >>No, as clearly stated above, it was not fraud. It was a perk. No either
- >>about it. I have perks that Congressmen don't have (e.g. Usenet access).
- >>So what?
-
- >Again, it was a perk at taxpayer expense with taxpayer money. This is
- >call misappropriation of funds. If they are so careless (or dare I say
- >criminally negligent) in the running of their own 'bank', why does it
- >surprise us that they cannot seem to spend only what they bring in via
- >revenues?
-
- Because they were neither careless nor criminally negligent. It is not
- careless or criminally negligent to write a check which you know will be
- covered.
-
- >>At least one of the Congressmen managed his (er, his fellow congressmen's)
- >>money quite intelligently. He used overdrafts to loan money to his campaign
- >>fund. Then, after winning reelection (maybe befor, I'm not sure) his campaign
- >>fund repaid him with interest. He then repaid the 'bank' without interest.
- >>Pretty smart eh? This is an example of abuse of a perk. The routine over-
- >>draft protection most of the Representatives received was hardly something
- >>to be upset about.
-
- >I am not upset about routine overdraft protection. But those whose overdrafts
- >amounted to ten of thousands, well beyond their "line-of-credit" is plainly
- >irresponsible.
-
- No, voting for an budget which contains agricultural subsidies amounting
- to tens of BILLIONS which amount to welfare for the obscenely rich is
- irresponsible.
-
- Overdrafting in the tens of thousands doesn't even compare.
-
- Worry about the direct things, and not the side issues.
-
- --
- David M. Nieporent | "We don't need anymore [sic] wretched refuse. It's
- niepornt@phoenix. | time to send the Statue of Liberty somewhere else"
- princeton.edu | -- Jack "Not a bigot" Schmidling, 1/7/93
- Baltimore Orioles 93 |
-