The money laundering scheme that Bob Perry (Perry Homes) participated in was in the last quarter of the election. Those finance reports didn't have to be filed until early 2007. That's when Chris Bell and the Democrats found out that the Republican Governor's association sent money to Rick Perry in the amount of $1 million dollars and the source of the money was Bob Perry Homes - a corporation. Corporate donations are illegal in Texas. So this was nothing more than money laundering, exactly the same kind of scheme Tom DeLay's TMRPAC did earlier.
Here's a little bit from one source. Vince has a copy of the lawsuit linked to this post:
Capitol Annex blog 11/15/2007Chris Bell Sues Rick Perry, Republican Governor’s AssociationFormer Democratic Gubernatorial nominee Chris Bell has sued Texas Governor Rick Perry and the Republican Governor’s Association alleging that Perry essentially accepted illegal funds in the 2006 race for governor.
The long and short of the filing is this: Houston homebuilder Bob Perry–who was a dangerous commodity in Texas in 2006–gave a million dollars to the Republican Governor’s Association. Shortly thereafter, on October 26 and November 1, the governor’s association cut Rick Perry two half a million dollar checks for his campaign. In other words, to conceal his money and influence over the governor, Bob Perry funneled his money to the Governor’s Association who, in turn, did a back-hand slide to Governor Perry.
Also, the suit (full version below the fold), alleges the Republican Governor’s Association PAC wasn’t properly registered in Texas.
Why does Chris end up with the money? Because he sued personally. That means that he paid for the attorneys to file the suit. He was the candidate and he was the one who was wronged. So any settlement does go to him personally. This is no different than someone suing another person/corporation for damages.
Was Chris wrong to settle? I don't think so. Look at it this way - he just sucked $426,000 out of Rick Perry's campaign (and Bob Perry's pocket) and that's a good thing.
Should Chris give some of this money to our slate this year. It wouldn't hurt his image if he did.
:kick: