Wednesday, December 24, 2008

Yes, let's talk about Marc Rich

If I'm not mistaken, someone bought a presidential pardon for a piece of shit.

Toussie, who falsified the finances of prospective homebuyers seeking HUD mortgages, pleaded guilty in 2003 to mail fraud and lying to the Department of Housing and Urban Development. Despite having scammed hundreds of families -- selling overpriced, poorly built homes to minority first-time buyers who couldn't afford them -- Toussie was sentenced to only five months in prison and five months house arrest, and has been out of jail for several years now, working as a real estate and marketing consultant.

So why on earth give this guy a pardon now? Given the economic circumstances of the day, is now really a good time for the president to pardon a scam artist who got off easy running an illegal mortgage scheme?

Making matters worse, Toussie's father, Robert, made his first political donation in April, giving the Republican National Committee $28,500. Four months later, the U.S. Pardon Attorney received Toussie's pardon petition, and five months after that, Toussie's record is suddenly clean by presidential fiat.


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