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Buck is going home with a bundle: Armed Services Chair retiring

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A couple of days ago, the story reported here was that Buck McKeon was incompetent and unqualified for his position in Congress. Apparently that message hit home. He is quitting, thank goodness.

“Armed Services Chairman McKeon will retire

By Cameron Joseph

House Armed Services Chairman Buck McKeon (R-Calif.) will retire.
"Mr. McKeon will be making his announcement tomorrow morning that he'll be retiring," a source close to McKeon tells The Hill.”

A bunch of Congressional Representatives are making an exit before the Election 2014 midterm. “Go on, get out of here,” is what voters are likely to be thinking about many incumbents in this Congress.

Lesson for voters:

“Howard McKeon

Member of the U.S. House of Representatives from California's 25th district
Assumed office January 3, 1993
Chairman of the House Committee on Armed Services
Incumbent Assumed office January 3, 2011
Chairman of the House Committee on Education and Workforce
In office February 2, 2006 – January 3, 2007
Personal details
Born September 9, 1938 (age 75)
Tujunga, Los Angeles, California, U.S.
Political party Republican
Spouse(s) Patricia Kunz McKeon
Children 6
Residence Santa Clarita, California, U.S.
Alma mater Brigham Young University
Occupation Banking Executive
Small Business Owner
Religion The Church of Jesus Christ of Latter-day Saints (Mormon)”

He had an apparent conflict of interest.

“In January 2012, it was reported that McKeon received a so-called "VIP" or "Friends of Angelo" loan from troubled mortgage lender Countrywide Financial, in which loans were granted at lower interest rates than were available to the public. Former Countrywide CEO Angelo Mozilo created the program to boost the company's standing with politicians, celebrities and well-connected business figures. The congressman received a $315,000 loan from Countrywide at below-market rates in the late 1990s. A congressional probe identified an internal Countrywide email regarding McKeon's loan that stated: "Per Angelo—'take off 1 point, no garbage fees, approve the loan and make it a no doc.'"[21]McKeon and names of other legislators who received similar loans were subsequently referred to the House Committee on Oversight and Government Reform as part of an ethics investigation into improper gifts. McKeon denied knowing that he was part of Countrywide Financial's special loan program.[22][23] In a response to a press inquiry about his knowledge of the loan discounts McKeon stated, "If I had known we had got a good deal then I would have gotten all my loans from Countrywide."[24]

Patricia Kunz McKeon has been active in her husband's political campaigns, serving as treasurer and drawing a salary which has been the subject of controversy. According to a study by Citizens for Responsibility and Ethics in Washington, McKeon's campaign committees paid her a total of $263,168 between 2001 and 2006 - the highest such payment in the group of Representatives studied by CREW.[25] In the 2005-2006 election cycle she was paid $110,000 to do fundraising and prepare campaign finance reports.[26] She has also worked as a lobbyist.[27]”

He won, and voters lost. Here are some stories about Buck.



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