He is Probably Going to Win the Primary Tomorrow, but Cory Booker is a Corrupt Rat-Bastard
You may remember his wankitude in the 2012 elections, when he said that Obama being mean to Bain Capital gave him a sad, but it's worse than that.
He is deeply and openly on the take:
The conference room in the Mountain View, Calif., headquarters of LinkedIn was packed with the stars of Silicon Valley. Top executives of Facebook, Google and Twitter gathered around a table; the billionaire Sean Parker looked on from a back row. The guest of honor: Cory A. Booker, the mayor of Newark.Why is this blatant influence peddling?
The stated purpose of the gathering was to give Mr. Booker, already a Twitter fanatic, a seminar on social-networking technologies. But hanging in the air was an electrifying sense of being in the presence of an ascendant politician they believed understood the potential of the new digital world they were shaping.
“He’s part of this tide,” said Gina Bianchini, an entrepreneur who was at the meeting, in May 2009. “It feels like he’s one of us.”
Two and a half years later, some of those same Silicon Valley leaders joined forces again on Mr. Booker’s behalf. But this time, their efforts resulted in giving Mr. Booker, until then an admired outsider, the equivalent of full-fledged membership in their elite circle: an Internet start-up of his own.
Mr. Booker personally has obtained money for the start-up, called Waywire, from influential investors, including Eric E. Schmidt, Google’s executive chairman. A year after its debut, Waywire has already endured a round of layoffs and had just 2,207 visitors in June, according to Compete, a Web-tracking service. The company says it is still under development.
Yet in a financial disclosure filed last month, Mr. Booker, 44, revealed that his stake in the company was worth $1 million to $5 million. Taken together, his other assets were worth no more than $730,000.
That revelation, with just a week left in Mr. Booker’s campaign for the Democratic nomination for the United States Senate, shows how a few tech moguls and entrepreneurs, many of them also campaign donors, not only made a financial bet on the mayor’s political future but also provided the brainpower and financing to help create a company that could make him very rich.
Well, the tell is that Waywire hired the 15 year old son of the head of CNN and gave him stock options:(Yes, it's NY Post, but echos the New York Times story linked above, and it is far less oblique)
He isn’t even old enough to drive — but CNN President Jeff Zucker’s teenage son has already resigned from a cushy position at Cory Booker’s closely watched Internet start-up.The defense is that he got less than qualified than, "Lady Gaga's manager."
After somehow scoring a seat on the advisory board of the rising Democratic star’s Waywire video-sharing site, 15-year-old Andrew Zucker abruptly quit yesterday amid questions over his qualifications.
The rich kid’s consulting career as a “millennial adviser” ended just hours after it was revealed that he had been granted stock options in the firm co-founded by Booker, the Newark mayor who polls show is a shoo-in for the US Senate after a special election.
“Despite the fact that his affiliation with Waywire was extremely limited to only an advisory capacity, in order to avoid even the perception of a conflict, Jeff’s son has resigned from the Waywire advisory board, effective immediately,” CNN said in a statement.
News of Andrew’s stock deal lit up social media yesterday, with critics on Twitter branding it a “gross nepotism alert.”
Corporate-governance experts also called his hiring highly unusual, saying they’d never before heard of anyone so young getting such a cushy gig.
Advisory boards are usually stocked with “seasoned folks who have been through the process of making that kind of a start-up work, or enhancing the capacity of a company so it can move to an IPO [initial public offering] or the next level of business,” said Eleanor Bloxham, CEO of The Value Alliance. “So you’re not generally looking in the high-school age range.”
Seriously, the royalty of Silicon Valley is showering their largess on this guy because it's such a good idea? For a web site that got 2,207 visitors in June?
Seriously, I got 1,457 unique visitors in June, and I'm the worst writer on the internet.™
But wait, there's more. There is also the case of his old law firm, which continued to pay him for years while getting lucrative contracts from the city:
Cory Booker pocketed “confidential” annual payouts from his former law firm while serving as Newark mayor.And then there are his positions on the issues:
Booker, the front-runner in New Jersey’s Senate race, received five checks from the Trenk DiPasquale law firm from 2007 until 2011. During that time, the firm raked in more than $2 million in fees from local agencies over which Booker has influence.
“This was a settlement buyout for my interest in the firm,” the mayor told The Post at a campaign stop in Jersey City yesterday. “I had an equity stake, and we had a negotiated settlement.”
Booker worked at the West Orange firm for five years, leaving in 2006 when he was elected Newark’s mayor to avoid “the appearance of impropriety.”
He refused to answer how much he received in the five years after leaving.
“It’s all been disclosed for the last seven years,” Booker said.
Not quite. Booker’s state financial disclosures from 2006 to 2011 list two sources of income — the city of Newark and the law firm. The forms mandate reporting of income over $2,000 a year, but do not require an exact sum or range.
Booker’s closed lips on the earnings fly in the face of his public stances. In 2002, he released his tax returns during his unsuccessful race against incumbent Mayor Sharpe James, and ripped James for not doing the same.
The returns “provide the only clues as to how many deals the mayor is involved in . . . and the only record of the money he’s making on the side,” Booker said at the time.
When The Post asked Friday for Booker’s recent returns, his campaign refused to turn them over.
- He supports privatizing public education and handing it to Wall Street.
- He has repeatedly allied himself with religious organizations that have sponsored Uganda's "Kill the gays" bill.
- His close relationship with Scaife/Olin/Koch funded political organizations.
- His founding an organization heavily funded by the Walton (Wal-Mart) family.
First, New Jersey is very blue now, and second, the Republican field is best defined as a clown show.
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