Caroline… sequesters her assets! Where’s the Transparency?

NY lawmaker questions Kennedy charity’s exemption

More of the same ole, same ole, Obama personals, shrouded in mystery.

Where is the Transparency?

No one had a problem asking for Hillary Tax Returns, Campaign Contribution’s list, President Clinton’s Library Donors List.. AND, they gladly complied!

But, Caroline? Unable and unwilling to do what she needs to do…. and that is…fight for this job. She is waiting to have it handed to her as she has become accustomed to, getting what she wants without demonstrating in earnest, she is a serious contender… Caroline’s personal policy is UNDemocratic!

ALBANY, N.Y. (AP) – New York’s Assembly will examine whether a charity that U.S. Senate hopeful Caroline Kennedy helps run was properly granted an exemption that allows her and other officials in the organization to avoid disclosing details about their finances.

Democratic Assemblyman James Brennan questions the decision by the New York City Conflicts of Interest Board to exempt The Fund for Public Schools from a state law aimed at airing the financial dealings of charities.

Kennedy, who hopes to succeed Hillary Rodham Clinton in the Senate, is vice-chairwoman of the not-for-profit organization.

The law requires most volunteer directors of charities working with state and municipal governments to disclose investments, outside pay and other financial connections. It was passed partly to assure that charities aren’t shadow agencies of the governments they support.

On Dec. 10, the city board told Brennan’s Assembly committee that Kennedy’s charity would be exempt from disclosure. The board decision came two days after Mayor Michael Bloomberg enthusiastically boosted Kennedy as New York senator should Clinton be confirmed as President-elect Barack Obama’s secretary of state.

“I think it’s a matter of concern as to whether the statute applies to them or not,” Brennan said. “Certainly this needs to be rethought … we’ll check into it.”

Kennedy spokesman Josh Isay didn’t immediately respond to a request for comment.

If the Assembly determines the exemption was improperly granted and it can’t negotiate a solution with the charity, it could sue for disclosure. It also could try to amend the law to eliminate the city’s argument for exempting the charity.

The effort led by Brennan means there is likely support for action by Assembly Speaker Sheldon Silver, one of the state’s most powerful leaders.

AP link

PS…Please keep Betty Jean King in your thoughts… She has had a terrible unthinkable tragedy happen to her daughter. Betty Jean’s Blog and Tragic Story