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06
May

Did Kwame loot the municipal pension fund?

Obama’s pal Kwame is among the most corrupt municipal leaders in US history.

From The American Interest…

Few readers will be surprised to learn that decades of incompetence and entrenched corruption in Detroit’s government have not only helped wreck the city; firms linked to former Democratic mayor Kwame Kilpatrick also looted the pension fund.

The latest scandal, which leaves even hardened observers of the abysmal Democratic machine that has run the city into the ground bemused, involves a real estate firm which gave the felonious mayor massages, golf outings, trips in chartered jets and other perks as this enemy of the people went about his hypocritical business of pretending to care about the poor while robbing them blind. The firm, apparently run by a sleazy low class crook named by the reprehensible Kilpatrick to be the Treasurer of what was left of Detroit’s finances, used Detroit pension funds to buy a couple of California strip malls. Title to the properties was never transferred to the pension funds, and they seem to be out $3.1 million.

Obama and Kwame on the campaign trail together in 2007.

Kilpatrick’s partner in slime is his ex-college frat brother Jeffrey Beasley, who is accused of taking bribes and kickbacks as he made bad investments that cost pension funds $84 million. Overall, a Detroit Free Press investigation estimates that corrupt and incompetent trustees appointed by Democratic officials over many years in Detroit are responsible for almost half a billion dollars in investments gone wrong.I honestly don’t know why there is so little national outrage about this despicable crew and the terrible damage they have done. The ultimate victims of the crime are Detroit’s poor and the middle class and lower middle class, mostly African-American municipal workers who may face serious financial losses in old age.

The 41 year old Kwame Kilpatrick may well be the worst and most destructive American of his generation; his two terms as Mayor of Detroit are among the most sordid and stomach churning episodes in the storied history of American municipal corruption. Now under federal indictment for, essentially, running Detroit City Hall as a criminal enterprise, Kilpatrick reportedly turned down a plea bargain that included a 15 year prison term. Insiders say that since the maximum time for the charges he faces was 18 years, the offer from the prosecutors indicates strong confidence in their case. Indicted with him was his father; it’s nice to think that father and son will have some quality time in the can.



The second factor is more disturbing: there is a pervasive national sense of ennui and despair about urban areas in which African Americans are the majority. ‘We’ expect decline, decay and corruption in these places, so the Kilpatrick story strikes many editors and journalists as just another ‘dog bites man’ story: not news. Cory Booker is news; Kwame Kilpatrick isn’t.



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4 Responses to “Did Kwame loot the municipal pension fund?”

  1. 1
    Earl P. Holt III Says:

    “…I honestly don’t know why there is so little national outrage about this despicable crew and the terrible damage they have done…”

    Oh, come on now! Yes, you do: The goal of the Corrupt Leftist Media for 30 years has been to glamorize blacks and pander to them, while mythologizing their competence and character.

    This paradigm doesn’t allow for exposing the truth about their violence, their low I.Q.s, or their lust for public revenues, no matter how flagrant or necessary.

    Seriously: Can anyone give one example of a black elected official (outside the Republican Party,) who isn’t some combination of crazy, incompetent, stupid, corrupt and a communist?

  2. 2
    Gimli Says:

    I lived in Plymouth, Michigan for a few years, a suburb of the Detroit area and watched this entire thing unfold.
    Living anywhere near Detroit will open your eyes wide as to what happens when blacks are in control. They have taken a once sparkling American city and rendered it a cesspool, a burned out hulk of it’s former self. Devastation as far as the eye can see.
    Now THAT’S a crime.

  3. 3
    Earl P. Holt III Says:

    Now, let them lie in the bed they have created!

    I don’t ever want to hear any STUPID Republican suggest that we should re-build the cities that “Africanus Criminalis” have destroyed.

  4. 4
    Earl P. Holt III Says:

    It just occurred to me why the liberal’s and Democrat’s have felt an endless enthusiasm for transferring ever greater amounts of white people’s money to you-know-who:

    It stems from the need to compensate you-know-who for the equity so many have lost in their homes, once they gained power and destroyed the cities in which they live…