Alexi Looks to Video Cameras to Document His Hours for $2.7 million tax writeoff

More on the latest ludicrous Alexi Giannoulias snafu. At some point you just have to throw up your hands in astonishment that this guy is still in the running. But then he's a Chicago Democrat. Daily Herald:

The controversy stems from a $2.7 million tax deduction Giannoulias received for losses in his share of the family's now-failed bank, Broadway Bank. Giannoulias got the deduction because he claimed to work at the bank for five of the last 10 years logging 500 hours in 2006.

Giannoulias, news reports pointed out last week, has told voters he was largely gone from the bank by then and was not involved in the bank's spring 2006 loan to convicted fundraiser Antoin "Tony" Rezko.

Giannoulias said Friday "there have been no inconsistencies" in his story. The Chicago Democrat has repeatedly reiterated that he left "day-to-day operations" at the bank in 2005, but formally left in April 2006.

"I continued to close out files and continued to work at the bank as I campaigned for state treasurer," Giannoulias said.

When asked about formal records of his hours logged there, he said he could "see if there's still video cameras of me being in the office."

Is Alexi not the Alexi he thought he knew?

Will he recognize himself in the lineup?

Is Broadway Bank not the Broadway Bank Alexi thought he knew?

Are the Bright Start losses not the Bright Start losses Alexi thought he knew? Actually he's still maintaining ties on that one.

Are Demitri Stavropolous, Boris "Half Dollar" Stratievsky and "Jaws" Giorango not the guys Alexi thought he knew?

Is convicted felon Tony Rezko not the Tony Rezko Alexi thought he knew? Haha.

Is the bleepin golden Obama Senate seat not the bleep he thought he knew?

At least the current occupant of the Obama/Blago Senate seat has a monument to his resume which seems pretty straightforward, however petty, and blemished by his evasions on his Blago appointment. But even in the little things Alexi cheats.

I want to see those videos-- a real political perp walk.

Here's another video: Alexi Giannoulias wants us to elect him. So he can "serve" on the Senate Banking Committee.

P.S. Alexi swaggers:

He added, "In a blue state, all we need to make sure is turnout is where we need it to be, and we're going to win this race."

Kirk campaign reaction:

Kirk Campaign Expresses Serious Concern over Giannoulias Comment Suggesting He Cannot Justify $2.7 Million Tax Write-Off

“When asked about formal records of his hours logged there, he said he could ‘see if there's still video cameras of me being in the office.’” – Daily Herald, 10/3/10

Northbrook, Ill. – The Kirk for Senate campaign today expressed its serious concern over a comment made by Alexi Giannoulias on Friday to the Daily Herald indicating he claimed a $2.7 million tax-write off without any documentation to prove he worked at Broadway Bank for at least 500 hours in 2006.

Yesterday, the Daily Herald reported:

The controversy stems from a $2.7 million tax deduction Giannoulias received for losses in his share of the family's now-failed bank, Broadway Bank. Giannoulias got the deduction because he claimed to work at the bank for five of the last 10 years logging 500 hours in 2006.

Giannoulias, news reports pointed out last week, has told voters he was largely gone from the bank by then and was not involved in the bank's spring 2006 loan to convicted fundraiser Antoin "Tony" Rezko.

Giannoulias said Friday "there have been no inconsistencies" in his story. The Chicago Democrat has repeatedly reiterated that he left "day-to-day operations" at the bank in 2005, but formally left in April 2006.

"I continued to close out files and continued to work at the bank as I campaigned for state treasurer," Giannoulias said.

When asked about formal records of his hours logged there, he said he could "see if there's still video cameras of me being in the office."

“Mr. Giannoulias’ suggestion that he has no documentation to support the $2.7 million tax-write off he claimed raises serious concerns,” Kirk spokesperson Kirsten Kukowski said. “In June, Mr. Giannoulias said that when you run for office, ‘you need to be out there and be as transparent as possible and answer questions.’ We urge him to apply this standard to himself and explain how he could qualify for a $2.7 million tax write-off without any supporting documentation.”