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Restored Republic via a GCR as of July 18, 2018

Restored Republic via a GCR: Update as of July 18, 2018 Compiled 18 July 12:01 am EST by Judy Byington, MSW, LCSW, ret. CEO, Child Abuse R...

Monday, April 3, 2017

Cabal/Khazarian Corruption in Hawaii's Government Sets


Million Dollar Banker Caldwell Collects More Big Payoffs ......

Shapiro: Mayor Kirk Caldwell again made between $200,000 and $299,999 in 2016 from his side work as a Territorial Savings Bank director, he reported in his annual financial disclosure.

In a more detailed voluntary addendum, Caldwell broke down the income to director’s fees worth between $25,000 and $49,999 and grants of bank stock worth between $150,000 and $199,999.

For the first time, his total Territorial stock holdings surpassed $1 million, mostly from annual grants he’s received since 2010.

Caldwell’s bank income has raised ethical concerns because it dwarfs his $164,928 mayoral salary, and he’s the only county or state chief executive to hold such a lucrative outside position.

The city Ethics Commission blessed the arrangement because the city has no deposits with Territorial.

But critics contend the narrow construal ignores Territorial’s deep interest in city policies affecting its mortgage business — planning, zoning, building codes and permits, property taxes and public works projects that drive housing.

A bill in the state House this year would have prohibited such outside work for the governor and county mayors, but it died after one hearing.

The sponsor, House Majority Leader Scott Saiki, cited ethics problems surrounding President Donald Trump’s tangled business interests as reason to restrain Hawaii chief executives….

Hannemann said there’s “no good reason that a governor or mayor should hold an outside paying position,” noting Caldwell is the only modern Hawaii chief executive who hasn’t withdrawn from his private profession while in office….

read … Caldwell makes bank from side job at Territorial

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