Jesse Jackson Jr Charged With Stealing $750,000 In Campaign Cash Used To Purchase "Fur Capes And Parkas" And Much More

Tyler Durden's picture




 

And so the surreal criminal saga of former Illinois Congressman Jesse Jackson Jr. ("JJJR", "Junior" or just "Jackson") has ended. Jackson, 47, a prominent Chicagoan son of the civil-rights leader of the same name for the handful of people who are unaware, was a national co-chairman of President Barack Obama’s 2008 campaign and an advocate of traditional Democratic Party constituencies. He disappeared in June, and it was later revealed that he was being treated at the Mayo Clinic for bipolar disorder and gastrointestinal issues, although now it appears kleptomania may have been one of the afflictions treated too. He returned to his Washington home in September but went back to the clinic the next month. As Bloomberg summarizes, "he pushed to maintain government support for the poor, including welfare, assistance for heating bills and the Head Start early education program." He certainly was very generous with other people's money.

So generous, in fact, that hours ago he was charged with "misusing", also known as stealing, some $750,000 in campaign funds for purchases including a $43,350 gold Rolex watch, $5,150 for fur capes and parkas, $9,588 worth of "children's furniture", Michael Jackson and Bruce Lee memorabilia and much more.

At the same time Jackson’s wife, Sandra Stevens Jackson, was charged in a separate case with filing false tax returns. She faces a maximum penalty of three years in prison. Junior's charge has a maximum term of five years in prison. More importantly, he is sorry (to be caught, we can only surmise): "I want to offer my sincerest apologies to my family, my friends and all of my supporters for my errors in judgment and while my journey is not yet complete, it is my hope that I am remembered for the things that I did right."

We hope Jackson's career-ender is a shining beacon of light what happens when the "misuse" of other people's money is finally exposed, especially, as the case may be, when once it finally all runs out.

From Bloomberg:

No court dates have been set.

 

William Miller, a spokesman for U.S. Attorney Ronald Machen in Washington, declined to comment on the charges.

 

Jackson’s wife will plead guilty to one count of tax fraud, her lawyers, Dan Webb and Tom Kirsch of Winston & Strawn LLP, said in a statement.

 

“Ms. Jackson has accepted responsibility for her conduct, is deeply sorry for her actions, and looks forward to putting this matter behind her and her family,” according to the statement.

Jackson, who ended a career of almost 17 years in the U.S. Congress by resigning in November, won a special election for a vacant House seat in 1995 and began serving on Dec. 12 of that year. He subsequently never garnered less than 81 percent of the general-election vote in his district on Chicago’s South Side until last year when he won a 10th House term with 63 percent.

 

His wife resigned her Chicago alderman seat last month.

 

Jackson was a national co-chairman of President Barack Obama’s 2008 campaign and an advocate of traditional Democratic Party constituencies. He pushed to maintain government support for the poor, including welfare, assistance for heating bills and the Head Start early education program.

 

Jackson was caught up in the scandal surrounding former Illinois Governor Rod Blagojevich’s attempts to sell an appointment to Obama’s former Senate seat. Identified in court papers as “Senate Candidate 5” who was willing to raise money for the governor’s re-election, Jackson denied the allegations and said he wasn’t a target in the federal probe.

 

Blagojevich was convicted in June 2011 and sentenced to 14 years in prison.

 

Educated at the elite Washington prep school St. Albans, Jackson graduated from North Carolina A&T State University in 1987. He earned a master’s degree in theology from Chicago Theological Seminary and a law degree from University of Illinois College of Law.

And since everyone only wants to know just what "memorabilia" and other trinkets he spent $750,000 of taxpayer money on, here is the list from the conspiracy charge:

  • $43,350 gold-plated Rolex;
  • $9,587.64 worth of children's furniture;
  • $5,150 worth of fur capes and parkas
  • $1,553 porcelain collector's items

And then this:

Full complaint below

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Fri, 02/15/2013 - 21:40 | 3248412 malikai
malikai's picture

See. We Chicagoans know how to be crooked.

The rest of you should be taking notes, damnit.

Fri, 02/15/2013 - 21:43 | 3248420 Thomas
Thomas's picture

He better get bundling ASAP. BTW-I didn't realize that theft and shakedowns had a genetic component.

Fri, 02/15/2013 - 21:53 | 3248463 eatthebanksters
eatthebanksters's picture

You can afford to pay a lot of money for shit when the taxpayer or your donors are paying for it...

Fri, 02/15/2013 - 22:11 | 3248522 I am more equal...
I am more equal than others's picture

What u be talkin about Willis?  I bees intitled.  I'm the son of a slave.  Well sort of ....  a long time ago in a far off land..... damn master.... beat my daddy he did.  dis hear is reparation moddo faqer my mule be needin a fur cape.  love you mammy. 

Fri, 02/15/2013 - 22:15 | 3248533 AN0NYM0US
AN0NYM0US's picture

When do we hear from PETA?

Fri, 02/15/2013 - 22:18 | 3248536 Manthong
Manthong's picture

It’s refreshing to see one of the corrupt chosen ones take it in the shorts for some of his transgressions.

It would be even more refreshing to learn what he did to piss off certain other chosen few enough to make them give him up.

Fri, 02/15/2013 - 22:20 | 3248543 ihedgemyhedges
ihedgemyhedges's picture

He should just claim he was using the funds as part of his community activist duties. Then he could just run for prez in 2016.....

Fri, 02/15/2013 - 22:25 | 3248552 BKbroiler
BKbroiler's picture

so what Bloomberg just decriminalized weed in NYC.  YAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAYYYYYYYYYYYYYYYYYYYYYYYYY.  that is all.

Fri, 02/15/2013 - 22:33 | 3248577 Cheesy Bastard
Cheesy Bastard's picture

Ok, but no more than 32 ounces at a time...

Fri, 02/15/2013 - 22:49 | 3248612 azusgm
azusgm's picture

Go long Duncan-Hienz brownie mix.

Sat, 02/16/2013 - 01:54 | 3248885 The Gooch
The Gooch's picture

Dolemite ain't got nothin' on Jesse. Or Kerry.

Sat, 02/16/2013 - 02:01 | 3248903 The Gooch
The Gooch's picture

<-----BK = Bloomberg's Blackberry.

<-----BK = Bloomberg maggot staffer's Blackberry

Double fisted cottonmouth cups.

Sat, 02/16/2013 - 08:22 | 3249109 GetZeeGold
GetZeeGold's picture

 

 

I have a dream......a bad bad dream.

 

Free at last!

 

Anyone can now become a corrupt politician....regardless of skin color.

Sat, 02/16/2013 - 08:53 | 3249144 francis_sawyer
francis_sawyer's picture

He doesn't like rednecks...

Sat, 02/16/2013 - 12:19 | 3249421 nope-1004
nope-1004's picture

We don't need another black guy in our prison system.  Too many already.

BTW.... he did it wrong.  You need to become prez or secretary of something to steal in broad daylight.  Dummy.

 

Sat, 02/16/2013 - 13:41 | 3249597 francis_sawyer
francis_sawyer's picture

pretty boy like that wouldn't last very long... 

Sat, 02/16/2013 - 20:20 | 3250457 gmrpeabody
gmrpeabody's picture

He'll be the Democratic presidential candidate one day..., I'd imagine.

As long as he offers the voters a box of free cheese every week or two, they aren't too particular.

Sun, 02/17/2013 - 03:42 | 3250923 TruthInSunshine
TruthInSunshine's picture

Look to the list of his purchases and those of his family members as Exhibit Fuckin' A as to what RETARDS spend fiat paper on.

Sun, 02/17/2013 - 10:02 | 3251102 francis_sawyer
francis_sawyer's picture

UPDATE: Jackson [& wife] plead guilty...

~~~

@TIS ~ & with all due respect, I think it's MORE RETARDED to hold the 'fiat paper' in question... But I do agree they could have gotten more useful things in exchange for them...

Tue, 02/19/2013 - 00:08 | 3255010 Redhotfill
Redhotfill's picture

We don't need another black guy in our prison system. Too many already.

BTW.... he did it wrong. You need to become prez or secretary of something to steal in broad daylight. Dummy.

 

Well bein O's main man should mean he don be gettin indicted n stuff . $hit man! O you gotz to fix dis!

Fri, 02/15/2013 - 23:12 | 3248640 nmewn
nmewn's picture

Now THATS funny right there...LOL!!!

Fri, 02/15/2013 - 23:19 | 3248654 derek_vineyard
derek_vineyard's picture

whouda thunk?

Fri, 02/15/2013 - 23:25 | 3248665 eatthebanksters
eatthebanksters's picture

I wanna see Banzai run with this one...fur coat, fedora brim and the gangsta lean!

Sat, 02/16/2013 - 00:52 | 3248819 jeff montanye
jeff montanye's picture

my favorite part of all these white-collar thieves is where the guy at peregrine financial was fraud so sipc doesn't cover customer losses but corzine at mf global was not fraud so sipc does cover them.  kind of like fraud on top of fraud.  hush money even if, for some, only 54 cents on the dollar.

http://farmdocdaily.illinois.edu/2013/02/settling-mf-global-claims-who-g...

Sat, 02/16/2013 - 01:45 | 3248872 DaveyJones
DaveyJones's picture

At least it wasn't bruce willis memorabilia

Sat, 02/16/2013 - 01:56 | 3248889 The Gooch
The Gooch's picture

Sing along- "I wish that I had Jesse's Grill"

 

Sat, 02/16/2013 - 01:56 | 3248890 jeff montanye
jeff montanye's picture

wait, my new favorite part is closer to the post:

Jackson made it to Congress in 1995 after winning a special election triggered by the resignation of Representative Mel Reynolds, who was convicted of sexual assault, obstruction of justice and solicitation of child pornography. Reynolds is now vying for the seat again in a Feb. 26 Democratic primary (pardoned by clinton).

maybe reynolds can win and when he is jailed again jesse jr. may be pardoned to get back in congress.


Sat, 02/16/2013 - 02:10 | 3248916 The Gooch
The Gooch's picture

Turnstyle of shame.

Sat, 02/16/2013 - 04:06 | 3248985 A Nanny Moose
A Nanny Moose's picture

Marion Barry, bytchez.

Shit doesn't get real until "they" are buying PM's, and losing them in Carnival Cruise Line accidents.

Sat, 02/16/2013 - 07:19 | 3249087 He_Who Carried ...
He_Who Carried The Sun's picture

That is NOT "funney",

that's bullish for Gold !!

Fri, 02/15/2013 - 23:27 | 3248667 Rogue Trooper
Rogue Trooper's picture

I was way to lazy to read the whole document.  How much was spent on Malt Liquor?

WTF The American Che falls to the MAN.

Now the Rev Jackson son goes down to the MAN.

Wake the fuck up the "O" is just workin, you guessed right brothers, for the MAN... .

Bring on Black Dynamite....

https://www.youtube.com/watch?v=96Y24a0cyCE

Sat, 02/16/2013 - 02:32 | 3248840 JOYFUL
JOYFUL's picture

SHAFT!

(With JJ Jr. reprising Richard Rowntree's role in the original Blackploitation blockbuster, the title takes on a whole new meaning! This time around,  Rahm Emmanuel takes a walk-in role as the local kosher mafia enforcer, loan-sharkin out of the mayor's office, while the corrupt police chief looks the other way as art students disquised as Black Panthers plot to blow up the Sears Tower! Dynamite Action Thriller****) - Siskel&Ebert

Sat, 02/16/2013 - 04:55 | 3249013 Rogue Trooper
Rogue Trooper's picture

It's complicated Bitchez... can you dig it!

Wow, cannot wait for the tunes in 8-track....

Fri, 02/15/2013 - 23:12 | 3248638 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1

Bon Voyage BK, but don't blame us if you get hungry for a burger...

Fri, 02/15/2013 - 23:10 | 3248636 DoChenRollingBearing
DoChenRollingBearing's picture

@ ihedge

+ 1

I was going to write something very rude along the lines of how the apple does not fall far from the tree, but fortunately I did not...

Sat, 02/16/2013 - 01:47 | 3248877 gtb
gtb's picture

Why would that be rude?  It's true!

Sat, 02/16/2013 - 08:55 | 3249145 GCT
GCT's picture

I do not know whats worse DoChen the corruption or the sheeple that put him back in office after the charges were filed last year!

Fri, 02/15/2013 - 23:14 | 3248644 Atomizer
Atomizer's picture

My thoughts as well

 

Sat, 02/16/2013 - 00:04 | 3248746 Larry Dallas
Larry Dallas's picture

Fur capes and parkas. Of course.

Only a black man would use ill-gotten proceeds to buy such crap. Who does he think he is? Kanye West? WTF...

Sat, 02/16/2013 - 10:31 | 3249263 max2205
max2205's picture

Where's the line item for hookers and blow?

 

I know some people that say he extorted millions to gain influence for compainies.  

 

Wheres that shit ?

Sat, 02/16/2013 - 20:16 | 3250451 Being Free
Being Free's picture

Wheres that shit ?

That's why he and his wife are "very sorry and look forward to putting this behind them".

Tue, 02/19/2013 - 00:14 | 3255028 Redhotfill
Redhotfill's picture

"very sorry & putting behind them"  = Pardon from O

Fri, 02/15/2013 - 22:11 | 3248525 Buck Johnson
Buck Johnson's picture

LOLOLOLOLO, yea.  I knew this guy was caught doing something when he decided last year to get "treatment" for his issues.  He was guilty and he knew it.

Fri, 02/15/2013 - 22:40 | 3248596 HappyCamper
HappyCamper's picture

I’m surprised that Tyler hasn’t yet posted that the squid is being investigated for slaughtering Muppets out of season. 

"Securities regulators on Friday filed suit against unknown traders in the options of ketchup maker H.J. Heinz Co, alleging they traded on inside information before the company announced a deal to be acquired for $23 billion by Warren…"

The article goes on to say Goldman Sacs is in the SEC's crosshairs.

http://tinyurl.com/bmetq6f

Fri, 02/15/2013 - 22:45 | 3248605 HappyCamper
HappyCamper's picture

"...in a statement Goldman Sachs Group Inc said it was cooperating with the regulator's investigation."

Sat, 02/16/2013 - 07:24 | 3249090 Frankie Carbone
Frankie Carbone's picture

"..............to ensure that as many small-fish muppets as possible are left holding the bag."

Sat, 02/16/2013 - 10:32 | 3249264 mjcOH1
mjcOH1's picture

"I’m surprised that Tyler hasn’t yet posted that the squid is being investigated for slaughtering Muppets out of season."

There is no closed season for muppet.

Sat, 02/16/2013 - 00:59 | 3248832 Sauk Leader
Sauk Leader's picture

What a terrible congressman! He was so bad with his insider trades he had to tap his campaign funds!

Sat, 02/16/2013 - 00:45 | 3248809 El Oregonian
El Oregonian's picture

Wow genetic component... I wonder if it will run through reverend Jesse Jackson's bastard children also? Hmmm.

Sat, 02/16/2013 - 09:40 | 3249185 knukles
knukles's picture

Actually in recent medical research the Brits claim to have found it to be so. 
Or so they claim. 

Hey, Idea!

Why don't we just call it "cultural"

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