Former Rep. Jesse Jackson Jr., D-Ill., pleaded guilty to one count of conspiracy today in a U.S. District Court, after allegedly misusing hundreds of thousands of campaign dollars on personal expenses like a gold-plated Rolex and fur capes for his wife.


"I am guilty, your honor," Jackson said to Judge Robert Wilkins. In a subdued but clear voice, Jackson told the judge that he accepts responsibility for his actions.


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