Posted on 08/06/2020 6:37:48 PM PDT by bitt
Rep. Karen Bass (D-CA) nearly doubled her income in 2010 from consulting fees she received from a nonprofit she co-founded, and Bass’s re-election campaign donated nearly $100,000 to that nonprofit between 2008 and 2011, the Los Angeles Times reports.
Bass, a vice presidential contender on Democratic presumptive nominee Joe Biden’s VP shortlist, co-founded a South Los Angeles-based nonprofit called the Community Coalition in 1990. Her community organizing with the Coalition laid the groundwork for her successful run for the California State Assembly in 2004, where she would eventually rise to the position of Speaker in 2008.
A Los Angeles Times review of Bass’s financial disclosures found that her State Assembly campaign committees paid the Community Coalition nearly $100,000 between 2008 and 2011. And in 2010, the Community Coalition paid Bass a total of $70,500 in consulting fees, an amount that nearly doubled her State Assembly salary that year.
Financial disclosures show that Bass’s campaign made two major donations to the nonprofit organization that she co-founded.
The first was for $47,000 given between late 2008 (the year Bass became Speaker of the California Assembly) and 2009.
The second donation was for $50,000 in late 2011 when Bass was closing out her Assembly campaign chest after she got elected to Congress.
Bass acknowledged to the Times that her fundraising ability flourished in 2008 after she became Speaker of the Assembly – which coincided with her campaign’s first major donation to the Community Coalition:
Bass said her donations grew considerably after she became speaker, a position that enabled her to raise more money. After she was elected to Congress, she wanted to give away what was left in her Assembly campaign accounts, she said.
However, the picture becomes a bit more complicated when one factors in the money the nonprofit paid Bass as
(Excerpt) Read more at breitbart.com ...
P
2ndDivisionVet is deceased and not with us on FR anymore.
Thanks.
Please see my tagline re democrats!
So sad to hear that. He was one of FR’s best posters.
...another one bites the dust, Joe.
Thanks for posting.
My previous post was about Joe Biden’s short list of VP picks.
Sad to hear about 2ndDivision vet’s passing. May he rest in peace.
Oh I didn’t know either. God rest him in peace 2D Vet a true FReep.
Was thinking about 2DV yesterday. May he and his wife rest in peace.
He dropped off the forum a while ago possibly related to his wife’s condition who eventually passed. He returned for a bit, and left again to accompany his wife a few months ago. I believe they both had health issues
She understands politics.
People,, quit electing criminals!
Fixed it
Had this come out AFTER she was selected (if she was), then the damage would be magnified by ten fold.
As much as the Times hated to derail her candidacy, saving Biden takes precedence.
Thank you for letting us know. Condolences to his loved ones.
Looks like it’s gonna be Kamala Rice for VP.
She has been studying the Clintons... But falls a bit short.. Should have gotten a $98,750 consulting fee.
Getting paid by a nonprofit you are involved with is a 501(c)(3) no-no.
I've been thinking it would be Rice, thus Obama wins. If it Harris, that would mean the Clinton's have prevailed.
Sounds similar to the con Rep. Omar is running, paying her side squeeze all that consulting $$.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.