Rangel, chairman of the powerful House Ways and Means Committee, is already the subject of ethics committee investigations on several fronts, including unreported income and unpaid taxes on his beach house in the Dominican Republic.
Despite Republican calls for Rangel to be stripped of his Ways and Means Committee chairmanship, a spokesman for House Speaker Nancy Pelosi told CBS 2 HD it is not going to happen.
Who actually thought it would? Please.
Among the new discrepancies:
--Rangel's papers over the past 10 years show no reference to the sale of a home he once owned on Colorado Avenue in Washington.
--The details of a property bought in Sunny Isles, Fla., are bewildering at best. The stated value changes significantly from year to year, and even page to page, from $50,000 to $100,000 all the way up to $500,000.
--Some of the entries for investment funds fluctuate strangely, suggesting that the person either didn't have accurate information or didn't fill out the paperwork correctly.
Always the same excuse. It's not corruption. It's incompetence.
It worked for Bill Clinton, Hillary Clinton, and I'm sure it will work for Charlie Rangel. Let's just hope it doesn't work for Obama.