Occupy For Accountability: Virginia Thomas And The Liberty Central Quagmire: Laughing All The Way To The Bank

Liberty Central.org a C4 corporation that listed as its CEO Virginia Thomas, the wife of Supreme Court Justice Clarence Thomas, and funded by Texas billionaire Harlan Crow released its form 990 which we are now looking over. Some of the problems we see with it are in the financials. I shall highlight them here:

1. Compensation of Virginia Thomas set at 120,511.00

2. Listed 25 employees of which only 3 others were paid out of donated funds. Total salaries were for Chief Operating Officer Sarah Field at 83,750.00 dollars. Tracy Price as Treasurer, who was paid 22,000.00 dollars. And Sue Hamblin as Secretary, who was paid 33,510.00 dollars. The rest of the boards of directors were paid nothing. Total salaries were reported at 259,771.00.

3. Money that went to Information Technology was 141.717.00 dollars.

4. Fees for services listed as OTHER was 389,306.00 dollars. This other is totally unaccounted for and is not disclosed at all on how it was paid, or who it was paid to, or even what was paid for.

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Virginia Thomas’ Liberty Central Tax Return Released—POE Asks For Criminal Investigation

After three extensions, Virginia Thomas finally filed her Liberty Central 2010 990 tax return with the IRS. It is readily apparent why she delayed its release as long as legally possible. First, Liberty Central took in close to a million dollars in 2010 and spent a majority of its income on salaries and wages. Second, Virginia Thomas took a whopping $120,000+ in salary herself. Third, Liberty Central lists “other” for $389,306 and “other salaries and wages” for $285,412. Third, Liberty Central spent $140,717 on information technology.

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OpEd News: If Clarence Thomas Was Not Justice Thomas He’d Likely be Behind Bars

-By Earl Ofari Hutchinson

November 21, 2011- If Supreme Court Justice Clarence Thomas was not Justice Thomas but an ordinary Thomas he'd be behind bars. He is the ultra-conservative's equivalent of the Mafia "Made Man." The tag confers untouchability on the bearer. Thomas wears the tag for his rock solid ultra conservative views, his showcase value to cover GOP and Tea Party bigotry, and most importantly his knee jerk vote on the High Court against civil rights, civil liberties protections and to expand corporate power. A cursory checklist of Thomas's financial manipulations, abuse, and duplicity, and outright illegality complete with the legal statues and codes that he's violated confirm his made man tag, meaning hands off from investigators and prosecutors.

Thomas has received cash, gifts, and foundation donations totaling more than $2 million during the past decade. Since 2004 he has declared none of his largesse to the IRS.

The gifts are improper, could constitute or be perceived as bribes, and may violate

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Think Progress: Rep. Deutch Introduces OCCUPIED Constitutional Amendment To Ban Corporate Money In Politics

-By Zaid Jilani

November 18, 2011- In one of the greatest signs yet that the 99 Percenters are having an impact, Rep. Ted Deutch (D-FL), a member of the House Judiciary Committee, today introduced an amendment that would ban corporate money in politics and end corporate personhood once and for all.

Deutch’s amendment, called the Outlawing Corporate Cash Undermining the Public Interest in our Elections and Democracy (OCCUPIED) Amendment, would overturn the Citizens United decision, re-establishing the right of Congress and the states to regulate campaign finance laws, and to effectively outlaw the ability of for-profit corporations to contribute to campaign spending.

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