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Caroline Kennedy Candidacy Watch | 12/23/2008 9:30 am

Caroline Kennedy Won't Release Financial Data Yet, Will Support Dem Mayor Next Year

By The Staff at wowOwow.com
© AP

In this series, which started in July ‘08, wowOwow follows the political news swirling around Caroline Kennedy since her surprise endorsement of Barack Obama and high-profile placement on his VP selection committee. Now, Caroline is ready to launch a political career of her own. With the Caroline Kennedy Candidacy Watch, we’ll follow all the latest news. 

Caroline Kennedy continues to make major news — and even some fake news — even weeks after her name was seriously floated as a possible replacement for Hillary Clinton in the Senate.

Today, the news is that Kennedy is declining to provide basic data
— such as companies she has a financial stake in, or whether she’s ever been charged with a crime — to the media. Kennedy told The New York Times through a spokesman that any information regarding any potential ethical, legal and financial "entanglements" wouldn’t be released until she becomes a senator. So far, she’s only asked New York Gov. David Paterson to consider her, but he hasn’t made any decision yet.

“If Gov. Paterson were to choose Caroline, she would, of course, comply with all disclosure requirements,” Kennedy spokesman Stefan Friedman told the Times.

If she were actually running for Senate to be elected by the voters, Kennedy would have to file a lengthy public report telling the world about her financial assets, even credit-card and mortgage debts, and any sources of income greater than $5,000 in the last three years. It’s expected that Paterson will require his Senate pick to undergo a background and tax-return check. Although Senate appointees aren’t technically required to make public such information, in a case where someone isn’t elected by the people, it often helps assuage some concerns, particularly in this case, when even Democrats are divided as to whether Kennedy should be chosen.

In other Kennedy news, it’s no secret JFK’s daughter and Michael Bloomberg are tight. In fact, Bloomberg wants Paterson to decide soon and is defending his friend from her fellow Democrats — like Rep. Gary Ackerman, D-NYwho don’t think she’s qualified, and compared her to Sarah Palin.

"Everybody’s focusing on the wrong things," Bloomberg said Monday. "Being a senator, you don’t have to know about every issue coming in … That’s what your staffs are for … and Caroline Kennedy is eminently qualified to be a senator."

So it may come to Bloomberg’s surprise that Kennedy is now saying she’ll back the Democrats’ pick for the Big Apple’s mayor next year. No doubt that move is to help earn her trust from fellow New York Democrats. Now that could cause some frosty moments between her and the man singing her praises …

Meanwhile, the Caroline Kennedy buzz is so loud, some news outlets are a little too quick to print "news" about her.

The New York Times on Monday published a letter it thought was from Paris Mayor Bertrand Delanoë, which criticized Kennedy’s Senate bid, saying it was in "poor taste." As it turns out, Delanoë didn’t write the letter, and the Times later printed an apology for not verifying the sender.

"This letter was a fake. It should not have been published," the Times wrote. "We have already expressed our regrets to Mr. Delanoë’s office and we are now doing the same to you, our readers."

16 Reader Comments (so far…) Sign In or Register to comment

Lori F.
Everybody’s focusing on the wrong things,” Bloomberg said Monday. “Being a senator, you don’t have to know about every issue coming in … That’s what your staffs are for … and Caroline Kennedy is eminently qualified to be a senator.” These Liberals are such hypocrites! Palin had to know everything about everything, yet this Kennedy chick is not required to know “jack”!
By Lori F. on 12/23/2008 9:52 am
DeBúrca obj
I must have missed something… was Palin only going for a 2 year appointment to the Senate? I though she had been picked to be VP, otherwise known as ‘heartbeat from the presidency’, to an old man who had cancer, putting her into the position of very possibly being in the position of President of the United States.
By DeBúrca obj on 12/23/2008 10:01 am
C jay
WHOA! Lori! Palin did not know squat or have your forgotten that was the first reason that she caught us in the headlights like her proverbial beasts above the tundra? Caroline Kennedy must release anything asked of her by anyone, IMHO. BASTA! We’ve had enough of elected/appointed in the Senate and House Office buildings hiding behind their perceived rights; they’re public servants, nothing more, nothing less. We have a right to know what they have, and how it got into their balance sheets. I am not against Kennedy, but I would be against her if she was donating the funds she is reputed to have raised. I doubt that very much, but frankly, nothing would shock me any more. What I am against is gubernatorial appointments to federal office; such is the purview of the voters. No governor wants to give up that slide-in to “DC” - and NY is in a horrid jam for not watching their P & Qs with their money, but for a governor to act instead of the people should not permitted. We’re a nation on it’s back after being raped by Congress and the Senate, and the President, and corporate moguls, with no money, and our elected “leaders” just granted themselves a raise. How dare they when our nation’s workers are losing their jobs, our ill and disabled are being marginalized, our homeless are piling up on the streets, the sick do not receive care, the Olmstead Act has been ignored by these “leaders,” our bridges, dams, sewers, airstrips, and more are caving in … we shall not trust anymore. It is just not good business. Mayor Bloomberg would be the first to agree - he was speaking generally to limit and define what the “work” of a senator is about (sadly he was correct). I respect him, but it wasn’t something that “we the people” should rely on, ever again, or attempt to take to any “non-bank.”
By C jay on 12/23/2008 8:40 pm
HA BIBI
Lori, truer words never spoken!
By HA BIBI on 12/24/2008 7:01 am
T P
Wow, Bloomberg actually said that. It’s amazing that all those who bash Gov. Palin do not hold the same sense of judgement/criteria for Caroline. Those people are hyprocrites who would fail in a Logic class taught in the Philosophy department. I need to take an aspirin.
By T P on 12/28/2008 4:07 pm
f p
AGain the news needs to take a deep breath and wait until something substantive comes up—this is all speculation. So far all she’s done is ask to be considered. the rest is sound and fury.
By f p on 12/23/2008 9:54 am
Belinda Joy
Great point FP, I agree with you.
By Belinda Joy on 12/23/2008 1:54 pm
DeBúrca obj
How embarrassing for the NYT to print that letter. I doubt that Bloomberg was unaware that Kennedy would back a Democrat for mayor if they are such good friends.
By DeBúrca obj on 12/23/2008 9:58 am
Lady Gator
The New York Times! What a rag. I rate it with all the smut magazines at the check-out counter at the local supermarket. Embarrassed? Naw, not the Times! They love to print trash about people and then think an apology excuses them for their poor research!
By Lady Gator on 12/23/2008 12:09 pm
Jim Henley
This post has been removed per management request.
By Jim Henley on 12/23/2008 12:22 pm
f p
Let’s look at Bush’s pardon so far—lovely list of goodies here and of course he’s not finished yet: Now throw out the marijuana convictions which do nothing but clog up the courts what do we have: embezzlement. mail fraud, conspiracy to defraud the gov’t; nice group of George’s supporters there: —William Alvis III, of Flushing, Ohio. Possession of an unregistered firearm and cocaine distribution. —John Allen Aregood of Riviera, Texas. Conspiracy to harbor and transport illegal aliens. —Eric Charles Blanke of Parker, Colo. Counterfeiting. —Steve Doyle Cavender of The Villages, Fla. Conspiring to import, possess, distribute and dispense marijuana. —Marie Elena Eppens of Lynden, Wash. Conspiracy to distribute and to possess with intent to distribute marijuana. —Lydia Lee Ferguson of Sun City, Ariz. Conspiracy to distribute and to possess with intent to distribute marijuana. —Eduviges Duvi Gonzalez-Matsumura of Clovis, Calif. Aiding and abetting embezzlement of bank funds. —George Clarence Greene Jr. of Gray, Ga. Mail fraud. —James Won Hee Kang of South Barrington, Ill. Trafficking in counterfeit goods. —Alan Stephen Maiss of Reno, Nev. —Richard Harold Miller of Tallahassee, Fla. Conspiracy to defraud the United States. —Delano Abraham Nixon of Neosho Rapids, Kan. Forging the endorsement on a U.S. Treasury check. —John H. Overholt of Black Hawk, S.D. Concealment of information affecting Social Security benefits. —Morris Keith Parker of Georgetown, S.C. —Robert Truman Reece of Redondo Beach, Calif. —Donald Edward Roessler of Harrison, Ohio. Embezzlement of mail matter. —Issac Robert Toussie of Brooklyn, N.Y. False statements to the U.S. Department of Housing and Urban Development and mail fraud. —David Lane Woolsey of St. George, Utah. Aiding and abetting violation of the Archaeological Resources Protection Act. Bush also commuted the prison sentence of Reed Raymond Prior of Des Moines, Iowa. Prior was convicted of possession of methamphetamine with intent to distribute. He was sentenced in 1996 in the Southern District of Iowa to life in prison with 10 years of supervised release. His prison sentence is now set to expire on Feb. 23, 2009, but the terms of the commutation leave intact and in effect the 10 years of supervised release with all its conditions.
By f p on 12/23/2008 2:54 pm
Marjorie C.
f p: Let’s look at Bush’s pardon so far… Do I smell smoke? What has Bush’s pardon list have to do with Caroline Kennedy’s qualifications for the U.S. Senate? If you want to copy lists, how about Bill Clinton’s list of pardon’s. They all do this, you know.
By Marjorie C. on 12/24/2008 10:17 am
T P
Good call Marjorie. Perhaps FP and others were concern that maybe Caroline’s cover was blown. You know, actually questioning Caroline’s qualifications.
By T P on 12/28/2008 4:16 pm
starry Nite
The Obama fanatics like turning a blind eye when it comes to their crooked politicians. Although, it festers within them. By Jim Henley on 12/23/2008 1:22 pm Are you festering over the crooked republican politicians ? It seems that wrong doing is in the eyes of the beholder. I don’t think the Kennedys are the worst family. I am not festering - the festering is caused by people like you. I am learning to deal with that. You are so naive- ” Go read about them on Google ” and read about the Kennedys and you saw only bad things. Using your flawed logic -I could say that Laura Bush is a murder- and George is a cocaine using alcoholic draft dodger..
By starry Nite on 12/23/2008 3:12 pm
f p
Wow you description fits a good many Repubs, at least the ones that aren’t aren’t wither caught with their hand in the till or in a public toilet doing he you know what with some guy..
By f p on 12/24/2008 6:29 am