News Dump: Booker Banking Big Bucks

By Matt Rooney | The Save Jersey Blog

Falling MoneyNewarkers spend their days worrying about rampant unemployment and violent crime.

The biggest problem facing Cory Booker (D-Twitter)? Remembering the sources of his considerable income.

According to the NY Post,

“Booker, the front-runner in New Jersey’s Senate race, received the payments in annual allotments from 2007 to 2011. At the same time, the Trenk DiPasquale law firm held lucrative contracts with several local government agencies over which the mayor had influence — raking in more than $2 million in fees, records show.

When questioned last month by The Post, Booker refused to say how much money he received from the West Orange, NJ. firm, saying only it was a buyout of his equity in the firm, and that he had signed a ‘confidentiality settlement agreement.'”

Booker, who grew up as a child of privilege, dumped the docs on a Friday, a common political trick to keep bad (or unflattering) news out of the prime time weekday news cycle when voters would actually see it. He also earned approximately $1.3 million over the past 4 1/2 years from speaking fees, and his mayoral salary is $174,500. Not of this takes into account his Waywire activities.

At least now we know for sure why Cory Booker initially defended Mitt Romney from President Obama’s Bain Capital-themed attacks in 2012; Newark’s part-time mayor has no room to criticize anyone when it comes to the good ‘ole fat cat critique.

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