Wednesday, March 04, 2009

Screw the Students, Donate to Democrats

My, my.

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.

Ms. Reynolds contributed $9,000++ to Obama AND Clinton in the last cycle alone.

Now we know where she got the money.

And there's more at the link--names like Richard Daley, Leon Panetta, Tom Daschle....

HT: Malkin

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