Last week The Congressional Black Caucus (CBC) PAC caused a stir with an endorsement for Hilary Clinton. The endorsement was presented not from the side of lobbyists but from CBC members and politicians who make up the PAC’s board.
However the CBC seem to be a dubious bunch and maybe not exactly looking out for the wider black community as it should be.
Check this out from a 2010 New York Times article:
From 2004 to 2008, the Congressional Black Caucus’s political and charitable wings took in at least $55 million in corporate and union contributions, according to an analysis by The New York Times, an impressive amount even by the standards of a Washington awash in cash. Only $1 million of that went to the caucus’s political action committee; the rest poured into the largely unregulated nonprofit network. (Data for 2009 is not available.)
The caucus says its nonprofit groups are intended to help disadvantaged African-Americans by providing scholarships and internships to students, researching policy and holding seminars on topics like healthy living.
But the bulk of the money has been spent on elaborate conventions that have become a high point of the Washington social season, as well as the headquarters building, golf outings by members of Congress and an annual visit to a Mississippi casino resort.
In 2008, the Congressional Black Caucus Foundation spent more on the caterer for its signature legislative dinner and conference — nearly $700,000 for an event one organizer called “Hollywood on the Potomac” — than it gave out in scholarships, federal tax records show.
I’m sorry but in my eyes this is unacceptable and not an endorsement Hilary should be trumpeting!
What do you think.
Read the full NYT article here: http://mobile.nytimes.com/2010/02/14/us/politics/14cbc.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=2&referer=http://m.facebook.com/
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