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Political Funds

October 5, 1995
Campaign fund-raising: extortion or bribery? JANE WILLITS Los Angeles
July 5, 2013 | By Patrick McGreevy
SACRAMENTO -- California State Treasurer Bill Lockyer recently said he was retiring from public office next year, so how does he explain filing papers this week to form a campaign committee for a possible run for lieutenant governor in 2018? He probably won't run for lieutenant governor in 2018, but the filing allows him to keep his large political war chest in play to influence elections of other candidates, a spokesman said. As many other politicians have done, Lockyer is exploiting a much-criticized loophole in the campaign finance law so he can continue to use more than $2.2 million in surplus campaign funds after he leaves office next year.
July 19, 1985 | United Press International
Chancellor Helmut Kohl, testifying before a special investigative committee, denied Thursday that he laundered political contributions through fake charitable organizations to avoid paying taxes. But when pressed during the 2 1/2 hours of questioning for details on party contributions, Kohl repeatedly said: "I cannot remember."
November 5, 2012 | By Carla Hall
Backers of Proposition 32 have relentlessly promoted the fiction that the measure would stop special-interest money from flooding California political campaigns because it would stop unions and corporations from deducting money from members' and employees' paychecks for political funds. That won't make special-interest money disappear. All that will do is cripple unions' ability to raise money for political purposes, and leave corporations essentially unfettered to spend what they want influencing elections.
November 13, 1991
Why do we move so swiftly to penalize the poor ("Empty Bags of Thanks: Volunteers at Food Bank Likely to Quit Over Loss of Groceries," Oct. 27)? Is it legal for a wealthy women's group to give a luncheon with door prizes and other gifts donated by corporations? This would never be questioned because these volunteers are the large donors to political funds. It's so much easier, once again, to hit the voiceless poor. It's time to target those who use large writeoffs, who gain the most from this practice and leave the poor alone.
August 19, 2012 | Michael Hiltzik
It was Lyndon Johnson who best understood that the key to political empowerment for the disenfranchised was to give them access to the electoral process. That's why he made passage of the Voting Rights Act of 1965 his top priority. But it's doubtful he would think too kindly of a measure we might call the Rich Persons and Corporations Empowerment Act of 2012. During this election season, Californians undoubtedly will be hearing about it on TV and radio until their eardrums bleed.
October 1, 2011 | By Patrick McGreevy, Los Angeles Times
The head of the state's ethics agency Friday proposed new measures to prevent fraud in the handling of political funds in response to a federal investigation of Kinde Durkee, who is suspected of embezzling from campaign accounts she controlled. In addition, Fair Political Practices Commission Chairwoman Ann Ravel said politicians affected by the investigation would receive some leeway in meeting financial reporting requirements. Attorneys for politicians told Ravel at a hearing near the Capitol on Friday that financial records needed to make those reports have been withheld by banks, and they expressed concern that other needed documents possessed by Durkee have been subpoenaed by a federal grand jury.
October 26, 2008 | David Zahniser, Zahniser is a Times staff writer.
Three years ago, campaign finance experts watched with alarm as one-fifth of the money raised on behalf of Los Angeles mayoral candidate Antonio Villaraigosa came from "independent expenditures," special interests with no limits on how much they could collect and spend. The numbers were even more jaw-dropping for Villaraigosa's opponent, then-Mayor James K. Hahn. Although he lost his bid for a second term, Hahn saw one-third of his financial backing, or $2 million, come from such groups.
March 19, 2008 | Patrick McGreevy, Times Staff Writer
State Sen. Carole Migden has agreed to pay a record $350,000 in fines for 89 violations of state campaign finance laws that include using political funds for personal benefit and failing to disclose what her political committees purchased with credit cards, according to documents released Tuesday.
March 19, 2006
Re "Panel Paid Wesson's Son $30,000," March 10 That the Committee for a Better California had only two donors who contributed a total of $45,000; and the committee paid Los Angeles City Councilman Herb Wesson's son $30,000 and another political campaign committee paid $10,000 to another son; and the fact that Michael Henry, director of personnel for Los Angeles County, is listed as the top committee official but Henry knows nothing about the payment...
July 26, 2005 | Don Lee, Times Staff Writer
South Korea's ambassador to the United States, embroiled in a widening scandal over an alleged political slush fund involving conglomerate Samsung Group, has offered his resignation, the South Korean presidential office confirmed today.
June 30, 2004 | Lisa Getter, Times Staff Writer
Sometime in the next month, Sen. John F. Kerry will face a tough financial question: How and when should he pay back the $6.4-million bank loan he funneled into his campaign late last year, when he was struggling for cash? Under the new campaign finance law, Kerry can draw on campaign funds to repay the loan, which was secured by a house he owns in Boston with his wealthy wife, Teresa Heinz Kerry.
He was born in Connecticut, grew up in Texas and lives in Washington, D.C., and his parents have a summer place in Maine. But these days, President Bush could call Florida his second home. He was here a month ago, promoting a hard-line approach to Fidel Castro's Cuba. He was back on Friday, this time telling senior citizens that they can benefit from physical exercise--and reminding the Republican Party faithful that his brother, Gov. Jeb Bush, could benefit if they exercised their franchise.
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