Former Council woman Saundra McFadden-Weaver was found guilty yesterday but she still managed to go out classy by invoking the Bible:
Saundra McFadden-Weaver was convicted on all counts - one charge of conspiracy and six charges of wire fraud. She said she was surprised by the verdicts but is prepared for whatever comes next.And this embarrassing conviction should teach KC Council People to obey the law (!!!) . . . For at least maybe five years until the next councilman is inevitably convicted on something or other. Actually, I'm pretty unimpressed with the whole thing given the questionable mortgages seem to be the rampant and part of what's driving this country into a recession. And while I don't want to defend McFadden-Weaver one bit . . . In order to garner some perspective on the whole thing I will note that's it's just a little funny considering that subprime lenders have put this nation's economy in serious jeopardy and some little known cowtown council woman is probably the only recent, local example we have of somebody going to jail for their illegal mortgage-y activities. On the other hand, I think there's some chance that Kathryn Shield's will beat her case. It's important to always look for the bright side . . . I guess.
"I believe in something written in my favorite book - 'Ye shall know the truth, and the truth shall make you free,''' said McFadden-Weaver, who is a minister. "I'm prepared for wherever my journey takes me.''
TKC is in a retro kind of mood. TKC vaugely remembers the S&L Scandal.
Also, one of the awesome TKC tipsters reminds me that it's a matter of public record that Mayor Funkhouser has refinanced his home numerous times recently in addition to the fact that half of the people I know have played Funky games with their mortgages in order to get some much needed cash or whatever . . . So, it's not exactly like folks can be too aghast at a Councilperson getting caught up in a mortgage scheme . . . I've always thought that the only really offensive thing about this case was the fact that she claimed ignorance as a defense. And that doesn't give me much confidence at all in the Council that presided over the foundation of the Sprint Center and Electric Avenue.