By Robert Laurie ——Bio and Archives--June 27, 2017
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Over the weekend, you may have seen Chuck Todd worm his way through an utterly worthless 7-minute interview with Bernie Sanders. Bernie's wife is at the center of an FBI investigation into alleged bank fraud, and Senator Sanders may also be implicated because there's some indication that he used his position to pressure the bank into approving a bad loan. The couple have "lawyered-up" by hiring a pair of high profile attorneys - one of which made a name for himself in the Scooter Libby case.
As the National Review reports:
During Mrs. Sanders’s seven-year tenure as president of Burlington College, a now-defunct liberal-arts college, the college sought to expand its campus by purchasing 33 acres of land near Lake Champlain for $10 million. But Burlington College had nowhere near $10 million to spend; its total annual budget was less than $4 million. As a result, Vermont’s Educational and Health Buildings Finance Agency offered Burlington College $6.5 million in tax-exempt bonds, and People’s United Bank agreed to give Burlington College a $6.5 million loan to purchase the bonds. That bank loan was contingent on Sanders’s promising that she had secured $5 million in donations and $2.4 million in confirmed pledges (i.e., donations that Burlington College officials had not yet received but that would be coming soon).
Despite her promise, it seems that Sanders had not secured these funds before accepting the loan. “Burlington College ran into trouble almost immediately after the loan repayments were due,” Politico reports. “For the first fiscal year after the deal was signed, Jane Sanders signed documents that confirmed pledges of $1.2 million. But according to Burlington College financial records obtained by VTDigger, the college received only $279,000.”Todd's Sunday morning interview was the perfect opportunity to grill Sanders, but the snivelling anchor opted to lob an array of softball questions. He never even brought up the investigation, something that would be virtually unimaginable if the Senator in question had an "(R)" after his name. So, Bernie got what looked like a free pass from a fan. ...And maybe it wouldn't have mattered anyway. Sanders doesn't look like he's terribly interested in answering questions about whether he - in addition to being a filthy one-percenter - is benefiting from, or aiding in the commission of, bank fraud. Watch as a Fox News reporter tries to get him to address the accusations:
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