Scrawny Harry's dirty deal

OK it’s pretty clear that some Americans and the MSM would rather talk about an Internet no-sex sex scandal than the war on Islamo–terror-fascists (unless it’s about the US torturing the ITF), a raging economy (unless it’s about the unwed mother of 8 – all with different fathers – and her heroic struggle to get by on the public dole), illegal immigration (unless it’s about it’s about a hapless, kind-hearted illegal who sends his whole paycheck home to his disabled mother in Mexico while being exploited by some Republican businessman). OK we get it, scandal sells.

Let’s see how our heroes in the MSM cover Scrawny Harry Reid’s sweet heart land deal in Nevada. It seems that Scrawny Harry and couple of guys with big money and big plans entered into a land deal. They bought up some of the otherwise worthless Nevada desert. The land was worthless because of zoning restriction, EPA problems with everything from urban sprawl, light, water, garbage and ground pollution to encroaching on the habitat of the endangered desert tortoise.

But as it turns out, the land was not worthless at all. Once Scrawny Harry got on board with the deal, zoning laws were changed and the raft of EPA objections were simply waived or explained away. Now what was worthless has become PRIME real estate.

But poor Scrawny sold his portion of the land back to his partner at the original buying price his partners before the land increased in value. Too bad right? Well no, as it turns out, Scrawny made a cool $1.1 million on land that he’d not “technically” owned for three years. Then Scrawny failed to report his wind fall on his senate financial disclosure form.

Now poor Scrawny has been caught with his hand in the cookie jar. So what is Scrawny to do? Well, claim the failure to report $1.1 million was an oversight. You know like, “Look we do these transactions all the time. We simply forgot about this $1.1 million dollar transaction, because you know, we do them all time and we just forgot this one. Happens all the time. We’ll just amend our disclosure form.” Let you or I try that with the IRS.

Let me put this into terms we can all understand. What has happened here is that Scrawny and his partners bought a mule and entered it in the Kentucky derby. Scrawny made it legal to give the mule performance enhancing drugs and hobble the rest of the field. Before the race, Scrawny sold back his share of the mule so as not raise suspicion and/or cover his bet if the mule lost. On race day the mule goes of at 1,000 to 1 and wins the race. At that point, Scrawny’s partners pay him a fair share of the winnings on a mule he owned no part of.

I’m all for this type of arrangement. Where do you get in line to buy speculative real estate; get reimbursed in full for your investment and then get a $1.1 million dollar pay off three years later? It seems to me that if we could all make a deal like that, we could end poverty in US in about three years.