Bernie-Gate A study in financial fruad

Comment: Here we go again – another scandal. I was musing that if the left liberal democrats, faux socialists and antifa fell off the earth what would we have to talk about?

As an aside  I think Bernie didn’t play a direct part in his wife’s scheme unless some of the missing money financed their $ 600 thousand dollar lake front home in North Front, VT.  [1]

However, I guess we’ll just have to wait and see. But, I’d be willing to bet the next time Bernie tries to buck the DNC establishment a lot more questionable activity may present itself for our purview – I can’t wait….WFM

Berniegate: How Jane Sanders Offers a Window into Liberal Scheming

By William F Marshall, The American Thinker, June 29, 2017

Image result for Bernie and Jane Sanders kissing

(Jane what the hell have you gotten us into?)

“The road to hell is paved with good intentions,” goes the line so often used to describe hare-brained liberal schemes.  That vintage phrase captures perfectly the quagmire in which Bernie and Jane Sanders find themselves rapidly sinking in the saga of Burlington College.  But the tale provides so much more than affirming that age-old aphorism.  It offers a microcosmic view into the mind and methodology of liberal policymakers everywhere.

In short, the scheme concocted by the former Democratic Socialist presidential candidate’s wife, Jane Sanders, when she was president of Burlington College serves up everything we’ve come to expect of modern Democrats: delusional visions of glorious benefits to be realized by the masses if we follow their screwball ideas; a shady real estate deal; phony and fraudulent claims used as the basis for getting other people to part with their money; alleged pressure from a powerful Democratic politician on a government-regulated institution to go along with their idea, or else; and, of course, no modern Democratic scandal is complete without a computer server potentially figuring in – in this case, a stolen one.  The only thing missing is the sex.  But the investigation is still young.

Anyway, here’s the backstory.  The board of a tiny New England college in Vermont, Burlington College, in the town where Bernie Sanders used to be mayor before he rose to lofty heights in the Senate and then the socialist precincts of the national Democratic Party, had the notion of hiring Bernie’s wife to be their esteemed college’s new president in 2004.  What qualified her for the job?  Who knows, but I’m sure being married to the then-U.S. congressman from Vermont and the town’s former mayor didn’t hurt.  The mayoralty, by the way, was Bernie’s first steady job.  Before that, he literally couldn’t feed his family.

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The college suffered from low enrollment numbers and dismal donation income.  So President Jane (the term “President Sanders” is too shudder-inducing to use) had an idea.  The college could buy and relocate to a beautiful 33-acre tract of lakefront land owned by the Catholic Diocese of Burlington on which sat a former orphanage and still housed an active home for the disabled.  President Jane somehow convinced the school’s board that acquiring this property would incite new students to flock to the college, and gobs of donations would roll in.  Why exactly she thought this is a mystery, but it probably burbled up from the same type of thought processes that created Obamacare – you know, that scheme whereby adding millions of people, many poor and unemployed, to a national health care program would somehow lower the cost of health insurance to American families by an average of $2,500.  You can keep your doctor and your health plan, too.

So President Jane decides to buy this property for her school but needs to finance it with a $6.5-million bank loan.  The hitch was that she had to come up with $2.27 million in pledged donations and grants to secure the loan.  That’s where things get sticky.

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2 Responses to Bernie-Gate A study in financial fruad

  1. Petermc3 says:

    Feeling the Bern?

  2. Pingback: My Homepage

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