Comrade Bill de Blasio deep-pocketed 1% donors exploited loopholes allowing double, triple giving


As I’ve said many times before progressives like Bill De Blasio never let hypocrisy get in the way of class warfare rhetoric.This Neo Communist is itching to set New York back 30 years.The poor will stay poor as he and his rich 1% donors get richer while convincing the masses the gap is closing with finger-painting in a universal pre K class.

de blasioNY DailyNews reports Mayor de Blasio took political fundraising to new extremes during his come-from-behind campaign, a Daily News review has found.

Deep-pocket donors showered him with checks far in excess of the usual campaign finance limitations, thanks to loopholes that allowed for double and even triple-giving.

De Blasio was able to raise money on three fronts in the same election cycle: first for his campaign, then for a $300,000 fine he still owed from a 2009 campaign, and finally for his inauguration and transition costs.

That meant individual donors limited to giving no more than $4,950 per election cycle were able to give the maximum amount again and again, writing checks to de Blasio – who railed at loopholes as a candidate – twice and even three times

“It compounds the influence one (donor) might have,” said Dick Dadey of the non-partisan watchdog Citizens Union. “This the shortcoming of the program that allows current donors to make contributions toward fines that go back to prior campaigns and allows donors to increase their impact on the campaign.”

Most of those able to come up with that much cash just happened to be lobbyists, real estate developers and a lineup of special interests who do business with the city.

More here

Originally posted at The Last Tradition

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