Vermont’s Burlington
College had for years been buckling under the crushing debt of a doomed
land deal engineered by a former president, Jane Sanders, who is the wife
of US senator and failed Democrat presidential contender Bernie Sanders.
Allegations Jane
Sanders falsified loan documents to expand the campus of Burlington College,
which collapsed into bankruptcy in May 2016, swirled more than a year
prior.
Sanders stated in a
2010 loan application she had secured $2.6 million in promised donations to pay
for the purchase of 32.4 acres of land, which helped secure a $6.5 million loan
from the People’s United Bank. Only $676,000 ever materialized over the
next four years and the college defaulted on the loans, eventually going
bankrupt.
The Department of
Justice and the FBI in conjunction with the Federal Deposit Insurance
Corporation (FDIC) are investigating the
senator’s wife for bank fraud.
That Sanders believed
she could get away with such obvious fraud isn’t all that shocking is it? So
what if she cut a few corners here and there and told a few lies to get her
grubby socialist hands on some free cash.
Like most liberal
schemes, it turned out to be an ignominious fiasco. And now, the FBI is breathing down her chubby neck,
working to get an indictment that could send her up the river for a ghetto
penthouse at The Crowbar Hotel.
The battle between Socialism
and its most implacable enemy, arithmetic, continues apace.
I HAVE SEEN COWS ON THE INTERNET JOYFULLY ROLLING IN GRASS LIKE HUGE AWKWARD DOGS AND IT HAS CHANGED ME— Bernie Thoughts (@berniethoughts) May 2, 2017
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