Menendez used Senate loophole to keep
his ‘Cuban’ cash stash secret from taxpayers
New York Post,
by
Isabel Vincent
Original Article
Posted By: Beardo,
9/26/2023 7:11:56 PM
Sen. Bob Menendez exploited an ethics loophole to amass the nearly $500,000 in cash which federal agents found stuffed in jacket pockets, envelopes and a safe when they raided his home last year, The Post has learned. (snip) Disclosure rules require senators to file annual forms that list liabilities, interest-bearing assets and gifts worth more than $100. But they do not have to list cash they hold — although they could if they wanted to.
Years of his ethics disclosures reviewed by The Post never mentioned a cash pile.
Reply 1 - Posted by:
Namma 9/26/2023 8:45:28 PM (No. 1564067)
Cuban loop hole? Bobby was born here in the ole USA. Why does he get to use the loophole? He has an accent too. Another Cuban loophole!
15 people like this.
Reply 2 - Posted by:
caljeepgirl 9/26/2023 9:31:52 PM (No. 1564091)
Sounds like a whole lot of 'looking the other way' has been going on for quite some time!
20 people like this.
Reply 3 - Posted by:
Gordon Mills 9/26/2023 10:13:16 PM (No. 1564096)
Loopholes exist because politicians create them for the benefit of themselves, family, friends, and associates. There should be no such thing as a tax credit, exemption, deduction, deferral, or any other avoidance. Plain and simple, you multiply income by percentage and send the result in.
18 people like this.
Reply 4 - Posted by:
stablemoney 9/26/2023 11:49:15 PM (No. 1564136)
There sure are a lot of Senate loopholes. Cash held not reportable of financial disclosures. It is taxable, however. Then, Senators are free to do insider trading. Pelosi is doing well with it.
17 people like this.
Reply 5 - Posted by:
Trigger2 9/27/2023 1:18:11 AM (No. 1564172)
Fingerprints from Menendez & an Egyptian were fjound on the enevelopes. I notice he didn't explain that one.
10 people like this.
Reply 6 - Posted by:
Trigger2 9/27/2023 1:20:03 AM (No. 1564173)
I meant Menendez's driver's fingerprints.
5 people like this.
Reply 7 - Posted by:
mifla 9/27/2023 4:53:11 AM (No. 1564215)
Waiting to see if the Feds keep the gold and cash even if Bob is acquitted. Just like they have done to others.
7 people like this.
Reply 8 - Posted by:
Rinktum 9/27/2023 6:40:42 AM (No. 1564247)
As an aside, I am disgusted by the already reprehensible media in this country, but their hubris and unchecked power has reached another level. They are going all in on this Menendez corruption but have been ignoring the fact that there is irrefutable evidence that the Biden’s have been involved in an international criminal enterprise at the highest levels of government for decades. The malevolence of the media is surpassed only by their abject hypocrisy. Our country would be very different without the media propagandizing and protecting the Biden’s. They are the scum of the earth. I am not sure which is worse, the media or the lawyers destroying the country from within.
20 people like this.
Reply 9 - Posted by:
BeatleJeff 9/27/2023 6:42:39 AM (No. 1564248)
The Senate has ethics? I'm sure you give every Senate DemocRat and even a few RINOs a thorough anal exam and they'll all come out as filthy and corrupt as Mendacious.
10 people like this.
Reply 10 - Posted by:
anniebc 9/27/2023 7:38:08 AM (No. 1564273)
You can bet Bobby's not the only lying, cheating, stealing senate critter.
12 people like this.
Reply 11 - Posted by:
govlawyer 9/27/2023 8:31:45 AM (No. 1564306)
C'mon, we've heard this story before from other so called "Senators"--they enter the Senate with the net worth of a chowder clam and get carried out feet first from the Rotunda as millionaires. We have a senate with one hundred "big guys".
11 people like this.
Reply 12 - Posted by:
learner 9/27/2023 9:18:27 AM (No. 1564336)
If he has been pulling money out for 30 years it should be easy to check by the date on the bills.
7 people like this.
Reply 13 - Posted by:
ARKfamily 9/27/2023 10:38:39 AM (No. 1564413)
All of this is a way for Joe Biden or Barack Obama to say "see they all do it" and I firmly believe this is why they are casting lies about Donald Trump. They also want to be able to point out "rampant" Republican corruption. Yet, the swamp that Nancy Pelosi wanted cleaned up seems to be at her own doorstep or Democrat's doorsteps.
2 people like this.
Reply 14 - Posted by:
smokincol 9/27/2023 2:10:00 PM (No. 1564541)
only proving more than anything else that these people in the elected bodies in D.C. are beyond crooked and must be taken down a lot of notches to make them equal to us and
I'm infuriated that in almost every instance in life our lives are governed by these unscrupulous and corrupt people bottom line
wouldn't it be nice if we all had close to a million big ones just hanging around our house for a "just in case" event, now that one really makes my blood boil
1 person likes this.
Reply 15 - Posted by:
MickTurn 9/27/2023 6:50:31 PM (No. 1564689)
Leave it to our CROOKED Senators to pass a law that makes it legal to STEAL. The Crooks all need to RESIGN!
0 people like this.
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