How much was this repeat offender fined for failing to disclose a $350,000 donation through the Drug Policy Action Network that helped fund a ballot measure? A whopping $8,000.
If I didn’t know any better, I’d say that California’s campaign finance commission isn’t too interested in punishing the Democratic sugar daddy.
Uber wealthy New York investment czar George Soros has agreed to pay an $8,000 penalty to California’s Fair Political Practices Commission for breaching the state’s campaign finance rules five years ago.
The payment is part of a proposed settlement between Soros and FPPC, whose members will either approve or reject the settlement at a May 21 public meeting.
The FPPC says that in October 2004, Soros made a $350,000 late contribution to the Drug Policy Action Network. However, he failed to disclose it in a timely way by reporting it as required under the state Political Reform Act.
The FPPC also says Soros failed to file a timely semi-annual campaign statement for the Jan. 1 and Dec. 31, 2004 reporting period in violation of campaign finance rules.
Actually, Soros has previously received a warning letter from the FPPC and, according to the commission, he “should have known better”. And yet they claim that this repeat offender billionaire “unintentionally” violated campaign finance law…again. Pardon my skepticism.
Via Michelle Malkin.
by Stephan Tawney on Wed, May 13, 2009