Gee….This is not a good week for Rudy. I feel for him…..OK….I feel amusement about him.

South Carolina treasurer indicted on cocaine charges

COLUMBIA, South Carolina (AP) — South Carolina Treasurer Thomas Ravenel, a former real estate developer who became a rising political star after his election last year, was indicted Tuesday on federal cocaine charges.

Ravenel is also the state chairman for former New York Mayor Rudy Giuliani’s presidential campaign.

Ravenel has stepped down from his volunteer responsibilities with the campaign, according to a statement released by Mark Campbell, Giuliani’s political director.

Campbell said the campaign has no information about the accusations pending against Ravenel.

The millionaire is accused of buying less than 500 grams of the drug to share with other people in late 2005, U.S. Attorney Reggie Lloyd said.

Ravenel, 44, is charged with distribution of cocaine, which carries a maximum sentence of 20 years in prison.

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