Jane and Bernie Sanders are both avowed socialists, but like every other socialist, they’re only generous with other people’s money.
Jane is currently under investigation by the FBI for corruption and fraud while she was the president of Burlington College, when she allegedly falsified documents to get a $10 million loan to expand the school. The property was bought from Roman Catholic Diocese of Burlington, and at the time there was a group of disabled people living there, but as soon as Jane took over the land things took a turn for the worse.
According to Judicial Watch, Sanders was supposed to help transfer the group of people to another residence as a part of the deal. However, not only did she fail to uphold her end of the bargain, she actually tried evicting the disabled people from the property and even complained that it shouldn’t be up to her or the school to foot the bill for them living there.
So much for socialism, eh?
From Judicial Watch:
The loan went through, some allege after her husband’s senatorial office pressured the bank to approve it, and Jane masterminded a deal to purchase an undeveloped, 32-acre parcel of land and a 77,000-square-foot facility from the Roman Catholic Diocese of Burlington. The purchase included a facility that served as a group home for disabled people and, under the terms of the deal, Jane was supposed to negotiate the transfer of the disabled residents before the school took over the property. Instead Jane tried to kick the disabled people out of their group home, records obtained by Judicial Watch show. The records, part of an ongoing Judicial Watch investigation into the Jane Sanders fraud case, include electronic mail exchanges between Jane when she was president of Burlington College and two former mayors of the city of Burlington.
In a lengthy letter to the attorney (Todd Centybear) representing the group home for the disabled Jane indicates that she’s having trouble evicting the 16 residents from their building on the newly purchased property after the college had acquired the land. She writes: “It is simply not fair to expect the College to continue to carry the burden of the expenses associated with housing both your population and ours until February 2012.” The home for the disabled was being leased from the diocese and Jane was supposed to help relocate the residents, not evict them. The exchange shows, not only Jane’s heartlessness, but also her incompetence as the college president for not ensuring the negotiated transfer of those disabled people before the school took over the property.
In a separate email to then Burlington Mayor Bob Kiss, Jane forwards a laughable press release issued by the college announcing her resignation. “I wanted you to hear it from me,” she writes to the mayor. “It’s a good decision.” The press release announced that “In honor of her significant accomplishments, the College has given Sanders the title of President Emerita…” It adds that “The Board credits Sanders with negotiating the acquisition of its beautiful new 32-acre lakefront campus, a transformative achievement for the College.” In reality, the acquisition of that property bankrupted the College, and Sanders is now being investigated for bank fraud by the FBI for misrepresentations she made on loan documents to purchase the land for the campus.
As if being investigated for fraud wasn’t already bad enough, this will undoubtedly leave a bad taste in voters’ mouths, especially after Bernie hit the news circuit this week to defend his wife and claim the FBI probe is politically-motivated.