Tuesday, June 09, 2009

Rep. Neugebauer's Campaign Yacht Funding Beats Dumping

While financially stressed boat owners abandoned their boats in record numbers, Representative Randy Neugebauer worked to finance his yacht in innovative ways. Randy applied to the Federal Elections Commission for permission to use campaign funds to rent his family's "recreational boat." The FEC issued a favorable draft opinion.

How many ways can elected officials wash campaign cash into their personal coffers? Did he threaten the FEC like he did FASB? Both groups caved to his demands.

No comments: