Pension Bailout Agency Flagged for Contract Bribery, Fraud and Payments to Dead Americans

American flag with handcuffs and $100 bills

This week’s Golden Horseshoe award goes to the Pension Benefit Guaranty Corp., the nation’s pension bailout agency that is still reeling from revelations its chief of contracting engaged in a bribery scheme that steered $4.8 million in fraudulent business to a vendor in return for more than $1 million in personal benefits.

The bribery scheme involving the now convicted director of PBGC’s Procurement Department was possible because the agency suffered from several vulnerabilities, including reduced competition among vendors, missing legal reviews and sole-source contracts that evaded bidding designed to get taxpayers the best bargain, the PBGC’s inspector general reported.

“His actions were enabled by internal control weaknesses; specifically, inadequate oversight of PD procurements and a lack of a control mechanism to ensure that PD sent all requisite contract actions for legal review,” the inspector general reported. “Although PBGC began requiring that more contract actions receive legal review after the PD Director resigned in February 2020, it does not have a mechanism to ensure PD complies with this requirement.”

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Ohio House Speaker Larry Householder, Four Others Arrested in $60 Million Bribery Case

Ohio House Speaker Larry Householder and four others were arrested Tuesday in a $60 million federal bribery probe, a person briefed on the investigation confirmed.

U.S. Attorney David DeVillers’ office would not discuss details of the case, which it planned to outline at a briefing later Tuesday.

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Commentary: ‘Abuse of Power’ and ‘Obstruction of Congress’ Are Not High Crimes or Misdemeanors, Bribery or Treason

“The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.”

That is Article II, Section 4 of the Federal Constitution, outlining what a case for impeachment is supposed to consist of, namely, crimes. Therefore, without a crime there cannot be an impeachment.

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Commentary: The Bribery Bait-and-Switch, Explained

The president’s enemies remain unable to find any “smoking gun” – any clear, irrefutable and publicly compelling proof of “Treason, Bribery [or] other high Crimes and Misdemeanors.” Ordinary, decent folk in search of actual crimes, having not found any, would have backed off long ago. But our Javert-Democrats are having none of that. Well aware that the public wasn’t buying the product they’re selling, they’ve kept the product – there’s nothing wrong with New Coke! – and changed the marketing.

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New Texts Describing Sale of Votes in Michigan House Back Up Bribery Claims in Inman Case

New texts have been revealed in the case of Michigan State Rep. Larry Inman (R-Traverse City), who was indicted earlier in May on charges of extortion, bribery and lying to a federal agent. The texts back up claims that Inman had attempted to sell his vote.

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