Did You Know...

   

Flying high: Daschle, Panetta on corporate jets

Share
By Michelle Malkin  •  March 4, 2009 09:47 AM

President Obama has made a big show of bashing corporations for their expensive jets and political junkets.

But you won’t see him wagging his finger over the passengers on this one:

Educap is a multibillion-dollar student loan charity run by CEO Catherine Reynolds. As CBS News Investigative Correspondent Sharyl Attkisson reported Monday night, Educap is under investigation by the IRS and Congress for alleged abuse of its tax-exempt status because it charges high interest on charitable student loans, and provides lavish perks with millions in compensation for Reynolds and her husband.

CBS News has obtained exclusive details of what may have been the biggest charity perk: use of Educap’s $31 million luxury jet, which costs thousands of dollars an hour to operate.

Investigators say for five years, Reynolds jetted friends, family and luminaries to faraway and exotic destinations that sometimes had little to do with the charity’s mission.

CBS News has learned that high-profile names on the Educap flight list include CIA Director Leon Panetta, former Sens. Tom Daschle and Ted Stevens, former FBI Director William Sessions and Chicago Mayor Richard Daley.

According to flight records, Panetta and Daschle, while not in public office, accompanied Educap’s Catherine Reynolds on flights to private business meetings not related to the charity…And records show Reynolds took Chicago’s Daley and his wife on 58 flights including ones to Turkey, Asia and Sweden.

blog comments powered by Disqus

Thursday open thread: Hillary talks gun control in wake of Va. shootings; Pentagon conforms ISIS threat to match WH narrative

August 27, 2015 08:37 AM by Doug Powers

hillarychillin

Just chillin’ in Opportunist-ville

EO signed by Obama in 2009 could doom Hillary’s ‘classified email’ excuses, but at least Biden is smiling

August 26, 2015 05:05 AM by Doug Powers

hillarypresser

BS alarm dies from exhaustion

‘Not a smidgen of corruption’ moment of paws: Lois Lerner used email under dog’s name for IRS business

August 25, 2015 01:46 PM by Doug Powers

lerner

My dog ate my homework made me investigate Tea Party groups

Obama torches 20,000 gallons of gas to warn that ‘fossil fuel interests’ are conspiring against ‘clean energy’

August 24, 2015 09:10 PM by Doug Powers

solyndra-obama-3-1

Because it worked so well the first time

Total coincidence: Biden meets with Fauxcahontas; Hillary interrupts Hamptons vacation to campaign (Sunday open thread)

August 23, 2015 08:29 AM by Doug Powers

hillarybiden

Game change?


Categories: 2016 Campaign, Barack Obama, Corruption, Democrats, Hillary Clinton, Joe Biden

Follow me on Twitter Follow me on Facebook