Posted on 10/31/2011 3:36:34 PM PDT by mdittmar
Early in his candidacy, Herman Cain may have accepted tens of thousands of dollars in goods and services for his campaign from a tax-exempt organization founded by his top aide, documents from the organization show, raising the prospect of serious violations of tax and election law by both Mr. Cains campaign and the organization.
The documents suggest that the nonprofit organization, Prosperity USA, effectively subsidized some early costs of his presidential bid, paying for computer equipment, charter planes and air travel for Mr. Cain or the aide, Mark Block, who is his chief of staff.
Such expenditures would violate federal election and campaign laws, which prohibit tax-exempt groups from engaging in any political activity or contributing to election campaigns, a major problem for Mr. Cain. He spent much of Monday fending off accusations that he had sexually harassed two former employees of a trade association he once led.
(Excerpt) Read more at thecaucus.blogs.nytimes.com ...
They’ve seen polling we haven’t seen.
“Prosperity USA was running more than $100,000 in the red”
Even if Prosperity USA fails to qualify as a tax-exempt organization, it sounds like they operated at a loss and based on the facts in the story we are talking about relatively tiny amounts of contributions ($65,000 in contributions total?) that in retrospect may not have been made to a tax-exempt organization as was originally believed.
For the Slimes, these are “serious violations of tax and election law,” but Obama’s many millions of contributions coming in from overseas and as to which they turned off the credit card address verification service? Not a problem!
He’s conservative.
He just might win the White House.
Therefore, he must be destroyed.
That’s the “logic” of our media today.
hehehe.
Mitt and Ricks Secret Donor Deal
Sep 20, 2011 11:26 PM EDT
Before they were rivals for the 2012 GOP nomination, Mitt Romney and Rick Perry got entangled in a $1 million donation controversy that a judge ruled broke the law. Steve McVicker reports.
It might be hard to imagine after last weeks GOP presidential slugfest, but there was a time not too long ago when a group headed by Mitt Romney quietlyand a judge says illegallyhelped Rick Perrys political career in Texas and set the stage for his new nemesis to rise on the national stage.
Spokesmen for Romney and Rick Perry did not return repeated requests seeking comment.
Rick Perrys campaign has denied in the past that it did anything wrong but settled its role in the lawsuit by making a $427,000 payment in 2010, court records show.
Wake me up when Herman Cain is accused of funneling campaign funds to hide an illegitimate baby-mama and newborn infant.
Priceless. Hat tip to you!
Breaking NEWS!
Secret Service uncover a plot by POLITICO and the N Y TIMES to trap "uppity black" Herman Cain and bring him to the 'RAT Plantation.
Seems to me that if this was before he was an announced candidate it doesn’t matter...
CAIN is toast
Shout it from the mountain tops Bob, these trolls are making me ill.
Um - Cain didn’t announce his run until May - even if this were true, how can it be considered a donation to his campaign?
Are these people high? There is no such prohibition against tax-exempt groups.
Cain’s daily campaign contributions just doubled today.
He is FAR from toast.
Damn I’m glad you’ve posted this. If there’s a nefarious activity on the campaign trail Perry’s got to be involved. The Marlboro man’s a menace.
Recall Perry as governor of Texas, the people of Texas deserve a leader. And also, to hell with Mitt.
This is so bogus. I won’t get into too much detail, but Cain became a candidate in May 2011. Anything before that doesn’t fall under Federal Election Campaign laws.
Candidates are allowed to “test the waters”. They can raise money during this time, travel, give speeches, etc. etc. The rules don’t kick in until they officially become a candidate.
The article somehow fails to cite this. Hmmmm, I wonder why?
And the NY Times gave Rezko’s “contribution” to Obama a pass!
All such info on candidates is available via the freedom of information act...IF this was true...an absolute and reliable source needs to be shown...otherwise...the gossip mongers should take a hike
The Democrat Leadership Council which was instrumental in getting Bill Clinton elected President is also tax exempt. Go figure.
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