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AOC corrupt but decries corruption
Quick&Dead
Member Posts: 1,466 ✭✭
https://townhall.com/tipsheet/bethbaumann/2019/03/04/fec-violation-aocs-chief-of-staff-funneled-big-money-from-pacs-to-private-corporations-to-hide-donations-n2542576?utm_source=thdaily&utm_medium=email&utm_campaign=nl&newsletterad=03/05/2019&bcid=c73635c56f183ff51b271db35803e813&recip=18963207
AOC's Chief of Staff Funneled Big Money From PACs to Private Corporations to Hide Donations
Beth Baumann Beth Baumann | @eb454 |Posted: Mar 04, 2019 6:15 PM
Rep. Alexandria Ocasio-Cortez's (D-NY) chief of staff, Saikat Chakrabart, allegedly created multiple LLCs to funnel campaign contributions from various political action committees (PACs), a Federal Election Commission (FEC) complaint from the National Legal and Policy Center (NLPC) said.
According to the NLPC, Chakrabarti's entity, Brand New Congress LLC, 'served as a ?cutout,' for at least $885,735 received from Ocasio-Cortez?s campaign and two federal political action committees, Brand New Congress PAC and Justice Democrats PAC."
Under the Federal Election Campaign Act of 1971, all expenditures of $200 or more are required to be reported to the FEC. It appears that this structure was established to skirt FEC requirements on PAC donations, which are limited to $5,000 per election cycle.
Anytime a PAC cuts a check to a candidate's committee, they're required to report that to the FEC and go into detail about what the money is being used for (marketing, fundraising, etc).
"These are not minor or technical violations. We are talking about real money here. In all my years of studying FEC reports, I?ve never seen a more ambitious operation to circumvent reporting requirements. Representative Ocasio-Cortez has been quite vocal in condemning so-called dark money, but her own campaign went to great lengths to avoid the sunlight of disclosure," Tom Anderson, director of NLPC?s Government Integrity Project, said in a statement.
The Washington Examiner detailed the allegations:
In 2016 and 2017, Chakrabarti?s PACs raised around $3.3 million for the project, primarily from small donors. During this time, the committees transferred over $1 million to two shell companies controlled by Chakrabarti with names similar to one of the PACs, Brand New Campaign LLC and Brand New Congress LLC, according to federal election filings.
A few weeks after starting the Brand New Congress PAC, Chakrabarti formed one of the companies, Brand New Campaign LLC, in Delaware, using a registered agent service and mailbox-only address.
Over the next seven months, as small-dollar political donations poured into the PAC from progressives across the country, the committee transferred over $200,000, 82 percent of the contributions, to the company Brand New Campaign LLC. The payments were for ?strategic consulting,? according to federal election filings. They were sent to an apartment address listed for Chakrabarti in the Greenwich Village area of Manhattan.
In 2017, Brand New Congress PAC transferred another $240,000 to Brand New Congress LLC, also for ?strategic consulting.? Another PAC co-founded by Chakrabarti that year called "Justice Democrats" transferred an additional $605,000 to Brand New Congress LLC in 2017.
Brand New Congress LLC is not registered in any Secretary of State databases. It is unclear where or when it was incorporated.
People familiar with FEC rules and regulations found the arrangement to be strange.
Matt Vespa
?It?s a really weird situation,? Bradley A. Smith, former chairman of the FEC, told the Examiner. ?I see almost no way that you can do that without it being at least a reporting violation, quite likely a violation of the contribution limits. You might say from a campaign finance angle that the LLC was essentially operating as an unregistered committee."
?None of that makes any sense,? Adav Noti, the senior director of the Campaign Legal Center and a former FEC lawyer, said. ?I can?t even begin to disentangle that. They?re either confused or they?re trying to conceal something.?
:evil:
AOC's Chief of Staff Funneled Big Money From PACs to Private Corporations to Hide Donations
Beth Baumann Beth Baumann | @eb454 |Posted: Mar 04, 2019 6:15 PM
Rep. Alexandria Ocasio-Cortez's (D-NY) chief of staff, Saikat Chakrabart, allegedly created multiple LLCs to funnel campaign contributions from various political action committees (PACs), a Federal Election Commission (FEC) complaint from the National Legal and Policy Center (NLPC) said.
According to the NLPC, Chakrabarti's entity, Brand New Congress LLC, 'served as a ?cutout,' for at least $885,735 received from Ocasio-Cortez?s campaign and two federal political action committees, Brand New Congress PAC and Justice Democrats PAC."
Under the Federal Election Campaign Act of 1971, all expenditures of $200 or more are required to be reported to the FEC. It appears that this structure was established to skirt FEC requirements on PAC donations, which are limited to $5,000 per election cycle.
Anytime a PAC cuts a check to a candidate's committee, they're required to report that to the FEC and go into detail about what the money is being used for (marketing, fundraising, etc).
"These are not minor or technical violations. We are talking about real money here. In all my years of studying FEC reports, I?ve never seen a more ambitious operation to circumvent reporting requirements. Representative Ocasio-Cortez has been quite vocal in condemning so-called dark money, but her own campaign went to great lengths to avoid the sunlight of disclosure," Tom Anderson, director of NLPC?s Government Integrity Project, said in a statement.
The Washington Examiner detailed the allegations:
In 2016 and 2017, Chakrabarti?s PACs raised around $3.3 million for the project, primarily from small donors. During this time, the committees transferred over $1 million to two shell companies controlled by Chakrabarti with names similar to one of the PACs, Brand New Campaign LLC and Brand New Congress LLC, according to federal election filings.
A few weeks after starting the Brand New Congress PAC, Chakrabarti formed one of the companies, Brand New Campaign LLC, in Delaware, using a registered agent service and mailbox-only address.
Over the next seven months, as small-dollar political donations poured into the PAC from progressives across the country, the committee transferred over $200,000, 82 percent of the contributions, to the company Brand New Campaign LLC. The payments were for ?strategic consulting,? according to federal election filings. They were sent to an apartment address listed for Chakrabarti in the Greenwich Village area of Manhattan.
In 2017, Brand New Congress PAC transferred another $240,000 to Brand New Congress LLC, also for ?strategic consulting.? Another PAC co-founded by Chakrabarti that year called "Justice Democrats" transferred an additional $605,000 to Brand New Congress LLC in 2017.
Brand New Congress LLC is not registered in any Secretary of State databases. It is unclear where or when it was incorporated.
People familiar with FEC rules and regulations found the arrangement to be strange.
Matt Vespa
?It?s a really weird situation,? Bradley A. Smith, former chairman of the FEC, told the Examiner. ?I see almost no way that you can do that without it being at least a reporting violation, quite likely a violation of the contribution limits. You might say from a campaign finance angle that the LLC was essentially operating as an unregistered committee."
?None of that makes any sense,? Adav Noti, the senior director of the Campaign Legal Center and a former FEC lawyer, said. ?I can?t even begin to disentangle that. They?re either confused or they?re trying to conceal something.?
:evil: The government has no rights. Only the people have rights which empowers the government.
We have enough gun laws, what we need is IDIOT control.
Blood makes you related. Loyalty makes you family.
I thought getting old would take longer. :shock:
We have enough gun laws, what we need is IDIOT control.
Blood makes you related. Loyalty makes you family.
I thought getting old would take longer. :shock:
Comments
https://www.foxnews.com/politics/ocasio-cortez-denies-dark-money-allegations-after-fec-complaint
The ?tech millionaire? behind the socialist: Chief of staff who boosted AOC made riches in Silicon Valley
https://www.foxnews.com/politics/the-tech-millionaire-behind-the-socialist-chief-of-staff-who-boosted-ocasio-cortez-to-power-made-riches-in-silicon-valley
Ooooooooooo, maybe money laundering. :shock: :shock:
Nothing will come of the bit of "news".
I just wish she would go away and don't come back.
Couple more thoughts, Karma or what goes around comes around, if you stir in other people's crap long enough you will get some on you to.
Please note that I have been a follower of Gunbroker for years but have never been able to log in to the forums, tied and tried. The new format let me set up a password and user name. very good but just about the time I get it figured out here comes more change. Much better, no adds of any sorts.By the way the old format was much easier to follow, might be due to the fact that I am an old fart.
I have made several transactions on the auction site in the past but had to log in using Internet Explorer. Using Firefox here on the forums.