{"id":23864,"date":"2006-10-11T01:01:01","date_gmt":"2011-05-19T06:20:10","guid":{"rendered":""},"modified":"2011-05-19T06:20:10","modified_gmt":"2011-05-19T06:20:10","slug":"harry_reid_hangs_up_on_ap_reporter_probing_hisshady_1_1m_windfall_profit_on_shady_land_deal2","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2006\/10\/11\/harry_reid_hangs_up_on_ap_reporter_probing_hisshady_1_1m_windfall_profit_on_shady_land_deal2\/","title":{"rendered":"Harry Reid Hangs Up on AP Reporter Probing HisShady $1.1m Windfall Profit on Shady Land Deal"},"content":{"rendered":"
\n

RUSH: An Associated Press story by John Solomon. He is an AP writer that I have trusted. John Solomon\u2019s stuff is good. The Associated Press: “Senate Democratic Leader Harry Reid collected a $1.1 million windfall on a Las Vegas land sale even though he hadn\u2019t personally owned the property for three years, property deeds show.” Culture of corruption, anybody? “In the process, Reid did not disclose to Congress an earlier sale in which he transferred his land to a company created by a friend and took a financial stake in that company, according to records and interviews. <\/line> “The Nevada Democrat\u2019s deal was engineered by Jay Brown, a longtime friend and former casino lawyer whose name surfaced in a major political bribery trial this summer and in other prior organized crime investigations. He\u2019s never been charged with wrongdoing — except for a 1981 federal securities complaint that was settled out of court. Land deeds obtained by The Associated Press during a review of Reid\u2019s business dealings show: The deal began in 1998 when Reid bought undeveloped residential property on Las Vegas\u2019 booming outskirts for about $400,000. Reid bought one lot outright, and a second parcel jointly with Brown. <\/line>“One of the sellers was a developer who was benefiting from a government land swap that Reid supported. The seller never talked to Reid. In 2001, Reid sold the land for the same price to a limited liability corporation created by Brown. The senator didn\u2019t disclose the sale on his annual public ethics report or tell Congress he had any stake in Brown\u2019s company. He continued to report to Congress that he personally owned the land. After getting local officials to rezone the property for a shopping center, Brown\u2019s company sold the land in 2004 to other developers and Reid took $1.1 million of the proceeds, nearly tripling the senator\u2019s investment. Reid reported it to Congress as a personal land sale. The complex dealings allowed Reid to transfer ownership, legal liability and some tax consequences to Brown\u2019s company without public knowledge, but still collect a seven-figure payoff nearly three years later. Reid hung up the phone when questioned about the deal during an AP interview last week.” <\/line>Well! Well, well, well, well, well, well, well, well, well, well! I could imagine it has not been easy to gather this information, ladies and gentlemen. Dingy Harry. This is the AP. Let\u2019s see how far this goes.<\/line><\/p>\n

END TRANSCRIPT<\/p>\n

*Note: Links to content outside RushLimbaugh.com usually become inactive over time.<\/p>\n

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RUSH: An Associated Press story by John Solomon. He is an AP writer that I have trusted. John Solomon\u2019s stuff is good. The Associated Press: “Senate Democratic Leader Harry Reid collected a $1.1 million windfall on a Las Vegas land sale even though he hadn\u2019t personally owned the property for three years, property deeds show.” […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-23864","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHarry Reid Hangs Up on AP Reporter Probing HisShady $1.1m Windfall Profit on Shady Land Deal - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2006\/10\/11\/harry_reid_hangs_up_on_ap_reporter_probing_hisshady_1_1m_windfall_profit_on_shady_land_deal2\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Harry Reid Hangs Up on AP Reporter Probing HisShady $1.1m Windfall Profit on Shady Land Deal - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: An Associated Press story by John Solomon. 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