Why is House Speaker Nancy Pelosi (D-CA) suddenly interested in a big media deal?
When you look at her campaign donations, that reason seems pretty evident.
When a competitor of the deal drops $271,300 into your coffers and another $275,000 into other Democrat campaigns, they call that a bribe.
Quid Pro Quo
Tegna, a publicly traded chain of 64 local TV stations that was spun off of newspaper giant Gannett, is up for sale.
The group was going to be sold to Standard General for $8.6 billion.
Enter Byron Allen, who also has a significant media empire and is someone that wanted Tegna so he could expand his reach.
Allen drops $500,000, then Pelosi writes a letter to the FEC expressing concerns about the deal.
Craig Holman, the Capitol Hill lobbyist for advocacy group Public Citizen who says he has worked on ethics issues with Pelosi for 20 years, stated, “If she is helping out a significant donor it doesn’t look good, quite frankly.
“When it comes to campaign finance, this is often how it works.
“A donor gives money with the expectation of some return.”
Now, if that is not a bribe, I am going to need someone to explain to me why it is not.
Source: New York Post