aBadReid.com

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Reid Arrogance Knows No Bounds, Insults Hispanics (Yes, Blacks Aren’t the Only Ones He Insults)

Harry Reid in early August of 2010 stated that “I don’t know how anyone of Hispanic heritage could be a Republican, OK.  Do I need to say more?” 

This latest blunder and insult came while speaking to Hispanic supporters during a campaign promotion.  Seems Reid’s arrogance knows no bounds, especially with ethnic groups!

The Staff of aBadReid.com has to state as a response, ” We don’t know of anyone of any hertiage that could possibly believe ANYTHING that comes out of this man’s mouth!”

Karl Rove, Former Political Advisor to George W. Bush, Reveals Reid’s Arrogance and Political Prowess.

In just another example of the disregard for the political outcome of decisions made for his own gain, Karl Rove writes in a book to be published soon how he had a 2005 conversation with Reid in which the then-Senate minority leader offered a deal to confirm three Republican judicial nominees even though he considered them “morally unfit.”

“Reid got right to the point,” Rove wrote about the telephone conversation. “The battle over judges was tying up the Senate. He wanted a way out. ‘Every one of these people is morally unfit to be on the bench,’ Reid said in a sweeping and unjustified condemnation. But if the president withdrew three of them, Reid would work to deliver Senate Democrats for the remaining two, with no filibuster.”

“I was stunned at his cynicism and willingness to treat judicial nominees as if they were minor-league baseball prospects to be traded,” Rove wrote.

Further details including quotes from this book can be views HERE.

Reid, the Racist:

Well well well, it seems our Senator is showing his “true colors” (pun intended) as he made racially insensitive remarks about Barack Obama during the presidential campaign.

Journalists Mark Halperin and John Heilemann reported the remarks in their new book, “Game Change,” which is scheduled to be in bookstores Tuesday.

The authors quote Reid as saying privately that Obama, as a black candidate, could be successful thanks, in part, to his “light-skinned” appearance and speaking patterns “with no Negro dialect, unless he wanted to have one.”

“He [Reid] was wowed by Obama’s oratorical gifts and believed that the country was ready to embrace a black presidential candidate, especially one such as Obama — a ‘light-skinned’ African American ‘with no Negro dialect, unless he wanted to have one,’ ” Halperin and Heilemann say.

“Reid was convinced, in fact, that Obama’s race would help him more than hurt him in a bid for the Democratic nomination,” they write.

Reid’s arrogance knows no bounds.  Oh, by the way, I’m SURE he only says these comments about black people!

Anyone for PORK!!  Harry Reid Named PORKER OF THE YEAR

Harry Reid along with fellow porker Nancy Pelosi have been named the 2008 “Porkers of the Year” by Citizens Against Government Waste (CAGW) because of their failures to pass any fiscal year 2009 appropriation bills during summer of 2008 as well as their roles in enabling the passage of this year’s $787 billion stimulus bill.

The CAGW, a non-partisan government watchdog group, said the Democratic duo lead during the entire voting period, “galvanizing public opinion and solidifying their primacy with a steady stream of extravagant fiscal exploits and unwelcome public pronouncements.”

“Although both leaders have garnered rotten reviews from CAGW as well as other taxpayer watchdogs for years, like all the truly committed abusers of tax dollars, they refused to rest on their proverbial laurels,” the group said in a statement.

“After their slacker period, and throughout early 2009, Speaker Pelosi and Majority Leader Reid came roaring back when they were front and center in the legislative battle over President Obama’s so-called ‘stimulus bill,’ ginning up anxiety and fomenting panic among taxpayers at every opportunity in order to finally muster support for passage of the outrageous $787 billion plan,” the group added.

Congratulations Harry on your new title!  Wear it (or should we say taste it) with pride as further recognition of your lack of concern for this nation’s citizens!

Harry’s Land Deal

It’s hard to buy undeveloped land in booming northern Arizona for $166 an acre. But now-Senate Majority Leader Harry Reid effectively did just that when a longtime friend decided to sell property owned by the employee pension fund that he controlled.

In 2002, Harry Reid paid $10,000 to a pension fund controlled by Clair Haycock, a Las Vegas lubricants distributor and his friend for 50 years. The payment gave the senator full control of a 160-acre parcel in Bullhead City that Reid and the pension fund had jointly owned. Reid’s price for the equivalent of 60 acres of undeveloped desert was less than one-tenth of the value the assessor placed on it at the time.

Six months after the deal closed, Reid introduced legislation to address the plight of lubricants dealers who had their supplies disrupted by the decisions of big oil companies. It was an issue the Haycock family had brought to Reid’s attention in 1994, according to a source familiar with the events.

If Reid were to sell the property for any of the various estimates of its value, his gain on the $10,000 investment could range from $50,000 to $290,000.

It is a potential violation of congressional ethics standards for a member to accept anything of value — including a real estate discount — from a person with interests before Congress.

In a statement, Reid’s spokesman Jon Summers said that the transaction was not a gift and that the price was due to the property’s history and the fact that only a partial interest was sold. Reid’s action on the lubricants issue was unrelated to the sale and reflected the senator’s interest in fairness for small businesses, Summers said.

Reid “has never taken any official action to provide personal financial benefit to me, and I would never have asked him to,” Clair Haycock has told The Times. Haycock’s son, John, who runs the petroleum-products distribution company with him, said in a recent e-mail that it was “absolutely wrong” to connect the land sale and Reid’s lubricants legislation, which did not pass.

Records and interviews show that beginning in the mid-1990s, Reid tried several times to push legislation that would have protected lubricants distributors from abrupt cancellations by their suppliers. Though unsuccessful, the legislation sent a clear message to the oil firms that there was congressional interest in the matter, according to Sarah Dodge, then-legislative director for an industry group that worked on the bill.

By the time of the land sale, the Haycocks say, they had lost interest in the issue and were not aware that the legislation had been introduced.

Because an employee pension fund had owned the land Reid purchased, labor law experts contacted by The Times said, a below-market sale would raise additional questions. Pension fund trustees like Clair Haycock have a duty in most cases to sell assets for their market value, the experts said.

“I think this would have been considered a potentially serious issue” at the time, said Ian D. Lanoff, who led the Labor Department’s pension division during the Carter administration and was provided basic details of the case — though not the identity of the lawmaker — by The Times.

“Theoretically it’s a serious issue for the trustee who sold the property, though practically it may not be” because the pension plan is now closed and its obligations were met, Lanoff said.

John Haycock said his workers received all promised benefits from the Haycock Distributing Co. pension plan and were therefore unaffected by the land transaction. Federal records confirm this.

Reid’s interest in the barren parcel dates back to the period of 1979 through 1982, when he and Clair Haycock bought the 160 acres. Haycock bought a three-eighths interest, equivalent to 60 acres, for $90,000 — $1,500 an acre. Reid, then a Nevada lawyer and political figure, bought the other five-eighths, the equivalent of 100 acres. They did not divide the parcel.

The property has sweeping mountain and mesa views and now abuts a housing development, which could make it attractive to developers. But there are some limitations. The land has a steep wash, or desert stream bed, and the adjacent land has a gravel pit.

In early 1987, Haycock turned over his interest in the land to the pension fund, for which he acts as trustee. The fund provided retirement benefits for about 80 employees, and under law, employers must contribute to such funds each year.

In the early 1990s, California investors bought the entire 160 acres from Reid and Haycock for a little over $1.34 million — around $8,400 an acre. The new owners obtained approval to develop a mobile home and recreational vehicle park. But a few years later they defaulted, and Reid and the pension fund were once again the land’s joint owners.

Development slowed in the late 1990s, and Reid and the Haycocks say the property became a cash drain. In 1999, according to Reid’s office, the senator began working without success with developer Craig Johnson on a plan for the property. At some point, Reid’s office said, he offered to give the land to Johnson, who declined. Johnson has confirmed that offer. In a statement Reid’s office provided, Johnson described the listless market and the property’s challenges.

In 2001, Haycock Distributing Co. decided to convert its existing pension fund into a 401(k) retirement program. In liquidating its assets, the firm decided that the plan must quickly sell its share of the property.

Lawyers advised the Haycocks that the family could not buy it from the pension fund, so Clair Haycock approached Reid. At first, Reid said “he and his wife were not interested due to the property’s past history,” Haycock wrote in a letter to The Times.

“Eventually, he gave me $10,000 for my share,” Clair Haycock wrote. “I was just happy to have been able to liquidate the property from my pension plan.” Reid’s office said the senator and his wife purchased it reluctantly. “Because it had minimal value to them, they were willing to pay only a minimal price,” a Reid staffer wrote in response to questions.

How good a deal?

How good a deal did Reid get? Paying $166 an acre for Mohave County land is “a super deal,” said the county assessor, Ron Nicholson. But the precise answer in this case, Nicholson said, is complicated by the fact that only a minority portion of a partnership was for sale; minority shares can be difficult to sell. Other experts who reviewed the transaction for The Times acknowledged the complexity of the deal but said the senator appeared to have acquired valuable property for a fraction of its value.

“The price strikes me as low,” said professor Crocker H. Liu, McCord chair of real estate at Arizona State University’s W.P. Carey School of Business. “But I don’t know what other considerations — valuable or otherwise — were part of this transaction. Usually when a purchase price is that low, there is other juice in the deal.”

Calculating the precise amount of Reid’s discount is difficult because of varying values assigned to the property around that time, including some by the senator himself. In his 2001 Senate financial disclosure, Reid valued his Bullhead City acreage at $5,000 to $10,000 an acre. When questioned about the filing several months ago, Reid’s office said he might have overstated the value. A Reid spokesman said the senator was in the process of amending his ethics statements to more accurately describe the terms of the deal.

At least twice, Reid appealed to the Mohave County assessor to lower the land valuation and decrease his taxes, in 2002 presenting a 2001 appraisal that valued the land at $1,000 an acre. The assessor’s office made a downward adjustment for 2003 but still places the value at about $1,748 an acre.

On a recent property tour, the assessor acknowledged that Reid’s land had problems.

“There are topographical issues on this property,” Nicholson said as he drove a county-owned four-wheel-drive vehicle through the tract. He pointed out the property’s steep wash and another stream bed.

An adjacent parcel with similar topography sold in April 2004 for $4,260 an acre.

Reid’s spokesman said the senator had paid a fair price for the pension fund’s minority interest.

“When a willing buyer pays a willing seller to buy an asset, that is a sale, not a gift,” Summers said.

Real estate experts say that minority interests in partnerships are often sold at a discount, sometimes of 20% or more. But they say that such discounts do not necessarily apply in a case like Reid’s where he is the majority owner and gains 100% control by the purchase.

“We were happy to get out of the deal as we did,” John Haycock said, adding: “Would we have liked to make more money on the Bullhead City land? Of course.”

Reid’s office produced statements from three Haycock retirees who attested that they believed they had been well-served by the pension plan.

Since taking full control of the parcel in 2002, Reid has pushed for federal funding for a new bridge over the Colorado River a few miles from his property, a spending request The Times disclosed last November.

Reid said he secured funding for the bridge, which would connect fast-growing Bullhead City with the gambling town of Laughlin, because local residents wanted it. He said the bridge would not affect his property’s value.

Losing business

Reid has long been known as a champion of Nevada interests, particularly gambling and mining. But he seemed an unlikely choice to advocate for the beleaguered lubricants industry when he took up the issue in 1994. He did not sit on the Energy Committee.

At that time, the Haycocks went to Reid for help, according to a former employee of the lubricants industry trade group, Petroleum Marketers Assn. of America, who was involved in the events. The employee asked that his name be withheld because his current job involves congressional contacts.

The Haycocks had lost business in 1994 when Mobil Oil Co. canceled the family’s distributorship, costing the firm a lucrative contract with the Las Vegas-area General Motors dealers, which had to use Mobil products.

The family was “incensed that this had happened and there was nothing they could do about it,” said the former trade group employee.

Reid mentions constituent

The Haycocks — who were considered industry leaders — say they do not recall discussing the matter with Reid. But the former trade group employee said the Haycocks convinced Reid to take action.

Reid “did it because John or Clair asked him to do it,” said the former employee.

With the legislative session coming to a close, Reid brought the issue to the Senate floor on Oct. 5, 1994. He described a Nevada constituent whose “franchise agreement to sell lubricating oils to car dealers in Las Vegas was arbitrarily canceled with 30 days’ notice,” adding: “This seems grossly unfair.”

A Washington lawyer who represented the Haycocks in their dispute with Mobil recalls that dealers turned to Reid after other avenues of redress had been exhausted.

“The Haycocks provided access to Senator Reid,” said Al Alfano, the attorney, who still represents distributor interests. However, Alfano said, Reid’s efforts brought no relief to the Haycocks. Although the issue remains a concern for many distributors, he said, the Haycocks lost interest after the mid-1990s.

Nonetheless, Reid cited the same constituent example almost word-for-word in 2002, soon after the land sale, and again in 2003 when he introduced legislation, cosponsored by Senator John Ensign, to protect lubricants distributors.

Redifining Hypocrisy: "HONESTY" in Government.

Senate Majority Leader Harry Reid vows to make reform of congressional earmarks a priority of his tenure, arguing that members need to be more transparent when they load pet projects for their districts into federal spending bills.

But last year’s huge $286-billion federal transportation bill included a little-noticed slice of pork pushed by Reid that provided benefits not only for the casino town of Laughlin, but also, possibly, for the senator himself.

Reid called funding for construction of a bridge over the Colorado River, among other projects, “incredibly good news for Nevada” in a news release after passage of the 2005 transportation bill. He didn’t mention, though, that just across the river in Arizona, he owns 160 acres of land several miles from proposed bridge sites and that the bridge could add value to his real estate investment.

But some Bullhead City property owners and local officials say a new bridge will undoubtedly hike land values in an already-booming commuter town, where speculators are snapping up undeveloped land for housing developments and other projects. Experts on congressional spending say Reid’s earmark provides yet another sign of the need for reform.

“It’s a really bad idea for lawmakers to earmark projects when they have a financial interest that could in any way be affected by it,” said Norman Ornstein, coauthor of “The Broken Branch” a recent book that examines earmarking and other practices.

Ornstein said he did not have enough information to fully evaluate the Reid deal. But, he said, “we already have too many examples — including a number of Southern California representatives — who are very directly using this process to enrich themselves.”

Said Steve Ellis, vice president of Taxpayers for Common Sense, a nonpartisan watchdog that tracks congressional spending, “Unwittingly, the taxpayer may have helped inflate the value” of Reid’s property.

Harry Reid Criticises the Las Vegas Review Journal

Well it seems Harry Reid can’t stand anyone criticising him, especially one of the largest newspapers in Nevada!  Yes, Harry Reid hopes the Las Vegas Review Journal “goes out of business!”. 

What’s wrong Harry?  Truth about your failing duties as Senator for Nevada hitting a little to close to home?

Read Sherman Frederick’s article which contains more details over at the LVRJ!

Harry Reid Blocks Investigation Into ACORN Manipulating Tens of Thousands of Votes!

Well, our Senate Majority Leader is at it again, now blocking investigations into ACRON manipulating votes.  Reid has decided NOT to launch a congressional investigation of ACRON after conservative activists filmed apparent questionable activites in an undercover expose.  I guess Harry needs all the votes he can get!  Wait a minute…isn’t Reid supposed to be “fighting the good fight”?!?!