Congressman Alan Grayson of Florida lost $18 million in a scheme that cheated him and about 120 other investors out of more than $35 million, according to court papers.
The Virginia man who ran the scheme, William Dean Chapman, was sentenced Friday in federal court to 12 years in prison. Prosecutors say Chapman used the money to fund a lavish lifestyle including a Lamborghini, a Ferrari and a $3 million home.
In most of the court papers, Grayson's identity is protected — prosecutors say only that an elected official with the initials A.G. was the primary victim — but documents twice mention Grayson by name. The Democratic congressman from Orlando confirmed on Monday that he is the A.G. mentioned in the documents.
Nothing in the court papers suggests Grayson was anything but a victim of the scheme. Grayson, a former trial attorney, said he has had a long record for picking winning stocks, which formed the basis for his personal fortune
According to roll call, Grayson is one of the richest members of Congress with an estimated net worth of $31 million (prior to this)
Health insurance enrollment in at least one state appears to be picking up.
Colorado’s state-based insurance exchange Connect for Colorado announced on Monday that more than 5K new customers have purchased private insurance since November 30, increasing the state’s total enrollment numbers in private plans by more than 50%.
As of November 30, just 9,980 Coloradans had purchased private insurance. But that number has increased to over 15,000 since, according to Monday’s announcement.
Another 64K had enrolled in the state’s Medicaid program as of November 30, putting the state’s total enrollment at 74K for the first two months of the exchange.
But if current trends continue, the exchange may have an age problem.
Demographic information released at the end of November shows the makeup of the exchange so far skews much older than federal officials have targeted.
The White House has set a goal of ensuring that roughly 40% of all enrollees on the federal exchange are young and healthy.
As of November 30, just 11% of total enrollees in Colorado’s exchange fall into the targeted 18 to 34 age bracket. The majority of new enrollees – more than 60% – are between 45 and 65.
But federal officials have predicted that younger consumers will wait until the last minute to enroll. (politicalticker)
Rep. Jim McDermott (D- Wash.) says that when it comes to ObamaCare, “the problems aren’t over today. I can see lots of things down the road.”
McDermott made the comments on C-SPAN’s Washington Journal program while discussing the goal of signing up 7 million people for insurance under Obamacare by the end of March.
“Does it function though - the law itself -if you don’t reach that 7 million mark?” the host asked.
“If it doesn’t reach the 7 million mark, we’re going to have to have some talking with ourselves about how we finance it,” McDermott replied.
“Because the insurance companies are counting on that also – and since the president made the decision to bring the insurance companies in and they wrote these policies with an eye to the fact that a certain number of people were going to come in - some healthy, some sick – and that’s how they set the premiums. There are going to be in problems if we don’t get the 7 million. That’s why I say the problems aren’t over today. I can see lots of things down the road..."
LONDON — A man accused of killing an off-duty British soldier in a frenzied knife attack on a London street defended his actions in court Monday, saying he carried out the attack because he is a soldier fighting in the service of God.
Michael Adebolajo, 28, said that he attacked soldier Lee Rigby because he wanted to protest Britain’s invasion of Muslim lands. He claimed to be one of many fighters engaged in a war between Islam and Western countries.
“I’m a soldier ... I couldn’t do anything else,” he said when asked whether he had any regrets.
Adebolajo spoke calmly and clearly as he was cross-examined at London’s Central Criminal Court on Monday, telling jurors that while he had never met anyone from Al Qaeda, he was full of admiration for the terrorist group.
“I love them. I consider them brothers in Islam,” he said.
Reporter talks about 'chilling testimony' today in court
NEWTOWN, Conn. — Local government officials are urging the news media to stay away Saturday, the first anniversary of the Dec. 14 shootings that killed 20 children and six educators at Sandy Hook Elementary School.
"The community is choosing to remember and honor those who lost their lives in the Sandy Hook tragedy in ways that are quiet, personal and respectful — centered on themes of kindness, love and service to others," Newtown First Selectman Pat Llodra said in a written statement Monday.
Llodra said the town will not be hosting any memorial events and requested that the public and the press allow Newtown residents "the time to be alone and quiet with time for personal and communal reflection."
USA TODAY Editor-in-Chief David Callaway said the news organization will not report on the anniversary from Newtown on Saturday. "We'll respect the wishes of the people of Newtown," he said.
Sarah Palin is making a reality TV comeback in 2014 with a show focused on the outdoors.
The former Republican vice presidential nominee will host “Amazing America with Sarah Palin” on The Sportsman Channel starting in April 2014. The weekly series will “explore some of the most original, interesting – and sometimes inspiring – people, places and pastimes connected to America’s outdoors lifestyle,” according to a press release announcing the unscripted program featuring Palin, also a Fox News contributor.
“I’m excited to help shine a light on all the great American sportsmen and women in the country who live the outdoors lifestyle,” Palin said in a statement. “Sportsman Channel is the leader in their industry and I am thrilled to be partnering with them on this show.”
This isn’t Palin’s first foray into reality TV. “Sarah Palin’s Alaska” aired for eight episodes starting in 2010 on TLC and was not renewed for a second season.
Sportsman Channel president Gavin Harvey said in a statement that the network is “ecstatic and very proud” Palin picked Sportsman Channel to return to unscripted TV.
SAN DIEGO - Former Mayor Bob Filner, who pleaded guilty to grabbing and fondling three women while in office, was formally sentenced Monday to three months home detention and three years probation.
Filner apologized to his family, his staff, the citizens of San Diego and the women he offended, saying the behaviors would never be repeated.
The victims were given a chance to address the court but did not. At Monday's sentencing, he vowed to "earn back my trust and integrity, no matter how long it takes."
Filner, 71, will avoid jail time though he is expected to spend three months under home confinement.
Filner will be barred from ever seeking or holding public office and required to undergo mental health treatment while under court supervision. He also was fined about $1,500.
"I have already started on that path and am grateful to all those helping me. The letters submitted by my family show the progress they have already seen," he said. "I am confident I will come out of this a better person and I look forward to making future contributions to the city I love."
His home detention is expected to start Jan. 1.
On Fox News with Bill Hemmer, Rove says he hopes that the administration keeps putting out Dr. Ezekiel Emanuel to defend Obamacare (like he did yesterday on FNS). He calls Emanuel performance yesterday a 'disastrous defense'
Americans want to keep “Christ” in Christmas to the degree that they wish the holiday would be more about Jesus than Santa Claus, according to a new poll.
A new Rasmussen Reports poll, for example, finds that by a margin of 66 percent to 21 percent, Americans prefer “Merry Christmas” to the politically correct “Happy Holidays.”
The poll also finds that while there has been increasing commercialization of Christmas, beginning as far back as September in some stores, the adults polled said, overwhelmingly, that Christmas should be about Jesus Christ, not Santa Claus.
Rasmussen found that a whopping 76 percent believe Christmas should focus on Jesus, not Santa. Just 14 percent said the holiday should be about Santa and all he represents.
And no matter where they come down on the Christmas versus Happy Holidays debate, those polled said that Christmas remains their top holiday.
-- Just 36 percent said holiday shopping is fun.
-- 40 percent said Christmas shopping is a “chore.”