General Discussion
In reply to the discussion: Dennis Hastert aside, it shouldn't be a crime to take your own money out of the bank [View all]Bluenorthwest
(45,319 posts)I also take issue with 'Hastert aside' because the specifics of his life and business dealings are far from typical and contain multiple red flags and reasons for regulatory concern.
As a former Speaker, Hastert was entitled to funds of 40K a month for 5 years to maintain an office, which he did. Most of the money was spent on payroll. Hastert was at the same time conducting very lucrative lobbying work, and questions had been raised about the use of this tax payer funded office for his lobbying work. Hastert traded in his status as a former high official.
The cash withdrawals began shortly after the 5 years of office funding ended.
As lobbyist, Hastert had a contract with the government of Turkey worth several hundred thousand dollars. As part of that work, he traveled with current Congress members on Turkey's dime on trips to Turkey. This also raised ethical and regulatory questions, as in general, lobbyists are not supposed to travel with the members they lobby.
Then he starts taking out cash in a furtive manner, suggestive of a less than forthright transaction. Then he lies about it when asked.
By opening with 'Hastert aside' you are asking me to consider him, his background, connections and current million dollar business activities as being beside the point. You are insinuating that the regulations for being a lobbyist for foreign governments are the same as regulations for owning a dry cleaners.