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Old 07-15-2008, 04:41 AM
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Default Dirty is as dirty does

Yes .. that is glee you hear in my voice ..lol :mrgreen:

Another McCain co-chair resigns under ethics scrutiny.

In May, national finance co-chair Tom Loeffler stepped down after the press revealed that he had been lobbying on behalf of foreign interests, including collecting nearly $15 million from Saudi Arabia since 2002 and millions more from other foreign and corporate interests, including a French aerospace firm seeking Pentagon contracts. As a result, McCain introduced a “conflict-of-interest policy” for his campaign, requiring staffers to disclose clients that “could be embarrassing for the senator.”

[Loeffler’s] lobbying firm has collected nearly $15 million from Saudi Arabia since 2002 Loeffler last month told a reporter “at no time have I discussed my clients with John McCain.” But lobbying disclosure records reviewed by NEWSWEEK show that on May 17, 2006, Loeffler listed meeting McCain along with the Saudi ambassador to “discuss US-Kingdom of Saudi Arabia relations.”

Loeffler’s firm also hired Susan Nelson, McCain’s finance director, as a consultant to “help him with his clients” while she continued working for the campaign. But election law prohibits “any outside entity from subsidizing the income of campaign workers.” After Newsweek raised questions about the matter, the campaign “confirmed Loeffler’s resignation and the termination of Nelson’s consulting contract.”

Today, Vanity Fair reports that another finance co-chair, former New Jersey congressman Jim Courter, is also resigning:

McCain finance co-chair and former New Jersey congressman Jim Courter, chief executive of telecom corporation IDT, is resigning from the campaign after the FCC slapped IDT with a $1.3 million fine last week for failing to disclose information about its contracts in Haiti. IDT is being investigated by several federal agencies after a former employee filed a lawsuit alleging that the company engaged in corrupt practices in order to obtain favorable contracts in the country.
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