Later On

A blog written for those whose interests more or less match mine.

The DNC needs a serious make-over and some ethics training

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Pam Martens and Russ Martens of Wall Street on Parade review new findings about the Democratic National Committee and how it operated under the direction of Debbie Wasserman Schultz.

The problem with conspiracy theorists is that, quite frequently, the theorists lack adequate imagination. That seems to be the case when it comes to the Democratic National Committee’s behind-the-scenes machinations to muscle Hillary Clinton into the White House while plotting against her main challenger, Bernie Sanders. That conclusion stems from the trove of 20,000 DNC emails dumped into the public sphere by Wikileaks last Friday.

The leaked emails have cost Debbie Wasserman Schultz her job as Chair of the DNC but other top DNC officials captured in devious plots against Sanders in the email exchanges still have their jobs – or at least no official firings have been announced. This makes the conspiracies seem more like a DNC business model.

The DNC’s own charter demands that it treat all Democratic primary candidates fairly and impartially, but top DNC officials made a mockery of that mandate. In addition to conjuring up ways to smear Clinton challenger Bernie Sanders during the primary battles, the leaked emails show a coordinated effort to cover up what the Sanders camp called “money laundering” between the Hillary Victory Fund and the DNC.

Despite the fact that the Sanders campaign had no such active arrangement with the DNC, the DNC agreed to participate in the Hillary Victory Fund, a joint fundraising committee that sluiced money to both Hillary’s main candidate committee, Hillary for America, as well as into the DNC. To a much tinier degree, funds also went to dozens of separate State Democratic committees.

On May 2 of this year, the Sanders campaign released a statement charging Clinton with “looting funds meant for the state parties to skirt fundraising limits on her presidential campaign,” and exploiting “the rules in ways that let her high-dollar donors like Alice Walton of Wal-Mart fame and the actor George Clooney and his super-rich Hollywood friends skirt legal limits on campaign contributions.”

Despite Clinton’s promise to rein in tax dodges by hedge funds, Wall Street On Parade reported in April that major hedge fund titans were also big donors to the Hillary Victory Fund. We wrote at the time:

“Federal Election Commission records show that S. Donald Sussman, founder of hedge fund Paloma Partners, gave $343,400 to the Hillary Victory Fund while also donating $2.5 million to Priorities USA, the Super Pac supporting Hillary. Hedge Fund billionaire George Soros donated $343,400 to the Hillary Victory Fund while sluicing a whopping $7 million into Priorities USA to enhance Hillary’s efforts to move into the Oval Office.”

Today, reporters Ken Vogel and Isaac Arnsdorf of Politico have provided significant new details from the leaked emails to show how the DNC worked behind the scenes to control the media’s handling of revelations involving the Hillary Victory Fund.

Vogel was criticized by some media outlets when the Wikileaks emails revealed he had allowed a DNC official to review one of his articles critical of the joint fundraising operation prior to publication. Erik Wemple of the Washington Post has provided some necessary clarity to that issue here.

The Clinton camp and the DNC had attempted publicly to defend the joint fundraising operation as providing critical help to State Committees in order to help down-ticket candidates. But today, Vogel and Arnsdorf report the following:

“Between the creation of the victory fund in September and the end of last month, the fund had brought in $142 million, the lion’s share of which — 44 percent — has wound up in the coffers of the DNC ($24.4 million) and Hillary for America ($37.6 million), according to a POLITICO analysis of FEC filings. By comparison, the analysis found that the state parties have kept less than $800,000 of all the cash brought in by the committee — or only 0.56 percent.”

Vogel and Arnsdorf also detail how the DNC attempted to stonewall reporters on the topic, writing: . . .

Continue reading.

Just to be clear: I am going to vote for Hillary Clinton. Donald Trump, in my mind, represents and clear an imminent danger to American democracy. But that does not mean that Democrats and Democratic organizations are without fault. I think these faults should be faced squarely and cleaned up, not ignored and hidden.

Apparently no one was keeping track of what Wasserman Schulz was doing, and the DNC itself seems to lack an ethical compass.

Written by LeisureGuy

26 July 2016 at 10:43 am

Posted in Democrats, Election, Law

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