Cheney's giant charitable deduction was taken because of special laws passed in the wake of Hurricane Katrina, to help out the residents of the stricken Gulf. Cheney took full advantage, but didn't donate one red cent to Katrina relief. Bastard.
dailykos: Cheney's shady charitable contributions net $2 million refund
While this is not illegal, by exploiting a loophole in the Katrina tax relief laws passed regarding charitable donations, Dead Eye Dick was able to obtain a refund of at least $1,000,000 MORE than he would be able to get in any other year.
The best part? None of the charities were Katrina related at all.
Cheney's largest charitable contribution is to a non-profit with a bunch of Iraq War pimp board members. A buy-in to the big game, which has nothing to do with the non-profit?
The charitable Dick Cheney - what does his dollar buy?
Spurred on by clammyc's diary about Cheney's charitable contributions. I started wondering why Cheney would give so much money ($1.3 million) to Capital Partners for Education, a Georgetown-based scholarship fund that helps finance education at private and parochial schools for area teenagers. (http://www.cpfe.org/) It was not only the largest single contribution in the charity's history, but also represents twice their annual budget revenue for this fiscal year.
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So, I poke my nose around a little further and the mystery gets even deeper. A solid majority of these companies represented by the Board of Directors have connections to Iraqi and/or rebuilding and reconstruction. It spreads out like a web and touches everything from Halliburton to President Hamid Karzai's security. And why? This is a group that seems to be benevolent in its support of inner city youth.
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{Why does Capital Partners for Education have on its board two members of The Carlyle Group, one each from the Hudson Institute, Computer Sciences Corporation, Hogan and Hartson, LLP, Arlington Capital Partners (1/3 owned by The Carlyle Group), Technoserve, SAFRAN USA, INC., Jones, Day, Reavis & Pogue, Sonnenschein Nath & Rosenthal, and Venable LLP, all tied in with the Iraq War?]
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Again, Capital Partners for Education seems like a worthwhile cause to help inner city youth in DC.
But, the troubling question remains.
Why do the majority of companies represented by its Board have some stake in the future of the Middle East.
And why did Dick Cheney just donate a windfall to them?
And what exactly is his dollar buying?
Previous post: War Pimp Cheney Earned $8,819,006 Last Year (April 15, 2006)
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