How To Squander Money You Didn’t Earn: Brooklyn’s Guide To Republican Party Finance
Hank Rearden here. Now I’m an entrepreneur and true Republican. While I started a small town boy, living in Brooklyn has grown my big city heart. I still love BBQ, horses, and my original home state of Pennsylvania. Just as much, I love my adopted home of Brooklyn.
But like my partners here at Atlas Shrugs in Brooklyn, I’ve found myself at a loss to understand just what the heck is going on in our party. So I decided to investigate and do some digging. The belief in free enterprise and the growth of the capitalistic system is the foundation of our great Republican party. As a businessman myself, I often find looking at balance sheets always gives a person a good idea of where they stand and what they can do. Recently, in the City and State of N.Y., esteemed politicians, committees, and party organizations posted their financial disclosures (any and all information can be viewed at www.elections.state.ny.us of the NYS Board of Elections website).
While reviewing several disclosure reports, I stumbled upon the July financial report of the Kings County Republican Party. This was from a 6-month period referencing two accounts: “Housekeeping” and “Disclosures.” The results are surprising and very unsettling. After reading the report, the first question that comes to mind is “who is in charge of the disbursement of these funds?” The Treasurer of any organization is usually the money person, but in this instance, as I discovered, that is not the case.
According to the by-laws of the Kings County Republican Party, Article II, Section 7, the Chairman, with little or no accountability to anyone except his second-in-command (and rubber-stamper the Executive Committee Chair), has the sole discretionary power to distribute and dispense the funds of this organization. maintains Upon review of the financial disclosures of the Kings County Republican Party, it’s clear this Chairman, Craig Eaton, (who my buddy Francisco calls “The Duke of Bay Ridge”) is treating County funds as his own personal piggy bank!
Over the course of my next few posts, I will provide a series of these outrageous examples of spending on the part of the Chairman. I hope this serves as a wake-up call that Republicans are watching and our leaders will be held accountable for their actions. I should say the numbers to be presented are approximate and speak for themselves with analytical assessments and suggestions.
Most of the parking charges occur in the borough of Manhattan, in and around various locations. While no one denies the Chairman and his “Board” ought to be able to move around, and the opportunity to meet with anyone that can benefit the party, a strong suggestion is that the Chairman et al., take advantage of NYC’s public transportation system by investing a fraction of this money to purchase a MetroCard. Riding the subways and buses, like our esteemed Mayor, will give the Kings County Republican Party Chairman the experience of what it is like to travel with the masses, and be able to relate to what real people experience every day.
One can question if these are truly necessary expenses. There are many entries listed as “County Meetings.” Meetings, especially with small groups of people, are usually held in an office. If these are truly “Meetings,” then minutes should have been taken and made available to everyone that is part of the KCRP. But perhaps this Chairman likes to impress others with fancy lunches and dinners. Doesn’t anyone on the Executive Committee have an office in which “Meetings” can be held? Maybe the Chairman should let someone else pick up the tab once in a while.
In the next post, meeting space, office supplies and postage expenses.