Sunday, October 23, 2011

Campaign Treasurer's Arrest Leaves California Democrats Scrambling

California Democrat officeholders and party officials have been left frantic and scrambling since the arrest of prominent Democrat campaign financier Kinde Durkee last month. [BREAKING: I can't seem to find my world's tiniest violin; I think it's in the shop for its 20,000 sad sad song tune-up- NANESB!]

Durkee was arrested at her Burbank, CA offices on September 3rd by the FBI on charges of mail fraud. Durkee allegedly used funds raised from Democrat party donors to pay her own mortgage, travel expenses and American Express credit card bill.

Since the arrest, donors and candidates are trying to assess the full extent of the losses while attempting to raise money to replenish funds misappropriated by Kinder or frozen by the state's Fair Political Practices Commission. Complicating matters is that Durkee co-mingled money from the nearly 400 different accounts she controlled at First California Bank, making it difficult to determine exactly how much funding each campaign had available.

In late September, multimillionaire Senator Dianne Feinstein filed suit against both Durkee and First California Bank, alleging fraud and estimating her campaign's losses to be in the neighborhood of $5 million (much of that self-funded). In the meantime, much to the chagrin of statewide Democrat Party officials, First California has reportedly turned over the accounts under Durkee's control to a California court to determine who exactly has claim to what.
The bank angered clients when it handed over control of the 398 bank accounts associated with Durkee to a California state court on September 23, recusing itself from sorting out how much of the recovered money should be doled out to whom.

"In yet another attempt to escape liability for the fiasco that they helped create, First California Bank has turned most of the accounts that Durkee controlled over to the courts," the Los Angeles County Democratic Party said.
Hmm....Perhaps we touched on another reason why Congressman Dennis Cardoza (D- CA18) announced that he had decided not to run for another term this week.

Let me be honest- I can't say that this story makes me sad, because it doesn't. Not in the least. I grew up in a very blue state controlled by Democrats and aside from a stint in the US Army, I've spent the majority of my adult life in another dark blue state largely controlled by Democrats. The way the democrats have engaged in class warfare and the politics of envy and avarice while simultaneously representing the wealthiest ZIP codes in the United States would be laughable at face value if they didn't keep getting elected by the same cadre of vapid, wealthy elitists who whine endlessly that wealthy people like Rupert Murdoch or the Koch Brothers are bad for America.

All of a sudden, this Durkee decides to help herself to their millions and out come the lawyers and sob stories when in reality, Durkee pretty much personified the end result of what passes for economic policy from the Democrat party these days- find an entity with lots and money and help yourself to it while convincing them you're doing them some sort of service.

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