Monday, May 13, 2013

The rewards of a driving ambition.

60-year-old Congressman, Darrel Issa, is Chairman of the House Oversight and Government Reform Committee as well as one of the most partisan Republicans in the Government. He's also the richest, with a net worth of about $450 million. What qualifies him for this position, you may ask. Good question. Here are some facts about his background. Issa says that when he was in the army, he provided security, including sweeping stadiums for bombs prior to Nixon's attendance of the 1971 World Series. The only problem with that boast is that an investigation by the San Francisco Examiner revealed that Nixon didn't attend any of those games. In 1971 a fellow soldier, Jay Bergey, accused Issa of stealing his Dodge Charger. When he threatened Darrell, the car miraculously reappeared abandoned on a turnpike. In 1972 Issa was indicted for the alleged theft of a Maserati. That same year he was sentenced to six months probation for possession of an unregistered firearm.  In 1979, we was again indicted for Grand Theft Auto, though the case was dropped. After leaving the military he and his second wife Kathy, invested in Quantum Enterprises. One of that company's clients, Steal Stopper,would become the key to Issa's fortune for soon it was supplying Ford with thousands of car alarms. But early on the morning of September 7, 1982, the offices and factory of Quantum and Steal Stopper, caught fire.  The fire took three hours to put out. The building an almost all the inventory were destroyed. An investigation noted "suspicious burn patterns" and the fire appeared to have been aided by an accellerant such as gasoline. Good thing that Issa had the foresight to increase the fire insurance policy by 462% three weeks before. And—how lucky can you get—he had removed computer equipment holding accounting information. The insurance company, being rightly suspicious, paid only one tenth of the insured amount. And that dear friends it the man who is Chairman of the House Oversight and Government Reform Committee.

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