Hillary selling herself 40

Chelsea Clinton doesn’t care about money.

It seems that almost everybody doesn’t care about money.

Money is very unpopular.

But we will always give it a warm welcome.

(No, we are not asking our readers for donations. We just want money to know that it can make a happy home with us.)

Chelsea’s parents do not say they care much for money. But one can work out that they do from little pointers, like their accumulation of it, through Hillary giving dull ill-informed speeches for a few hundred thousand a pop.

And accepting millions upon millions of dollars from foreign tyrants, notably – believe it or not – heads of Arab states.

The legality of such donations is questionable, but …

Here’s a says-it-perfectly Michael Ramirez cartoon from Investor’s Business Daily:

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While we blame no one for making as much money as he and she can (and regard envy, not “greed”, as a vice), we do not enjoy the stink of corruption. It is reaching our noses now, emanating from news about the Bill, Hillary & Chelsea Clinton Foundation. 

The Washington Post – which, remember, is heavily biased towards the Left, the Democratic Party, and (probably) the Clintons – reports:

The Clinton Foundation accepted millions of dollars from seven foreign governments during Hillary Rodham Clinton’s tenure as secretary of state, including one donation that violated its ethics agreement with the Obama administration, foundation officials disclosed Wednesday.

Most of the contributions were possible because of exceptions written into the foundation’s 2008 agreement, which included limits on foreign-government donations.

The agreement, reached before Clinton’s nomination amid concerns that countries could use foundation donations to gain favor with a Clinton-led State Department, allowed governments that had previously donated money to continue making contributions at similar levels.

The new disclosures … make clear that the 2008 agreement did not prohibit foreign countries with interests before the U.S. government from giving money to the charity closely linked to the secretary of state.

In one instance, foundation officials acknowledged they should have sought approval in 2010 from the State Department ethics office, as required by the agreement for new government donors, before accepting a $500,000 donation from the Algerian government.

The money was given to assist with earthquake relief in Haiti, the foundation said. At the time, Algeria, which has sought a closer relationship with Washington, was spending heavily to lobby the State Department on human rights issues.

While the foundation has disclosed foreign-government donors for years, it has not previously detailed the donations that were accepted during Clinton’s four-year stint at the State Department.

A foundation spokesman said Wednesday that the donations all went to fund the organization’s philanthropic work around the world. In some cases, the foundation said, foreign-government donations were part of multiyear grants that had been awarded before Clinton’s appointment to pay for particular charitable efforts, such as initiatives to lower the costs of HIV and AIDs drugs and curb greenhouse gas emissions. “As with other global charities, we rely on the support of individuals, organizations, corporations and governments who have the shared goal of addressing critical global challenges in a meaningful way,” said the spokesman, Craig Minassian. “When anyone contributes to the Clinton Foundation, it goes towards foundation programs that help save lives.”

Some of the donations came from countries with complicated diplomatic, military and financial relationships with the U.S. government, including Kuwait, Qatar and Oman.

Other nations that donated included Australia, Norway and the Dominican Republic.

The foundation presents a unique political challenge for Clinton, and one that has already become a cause of concern among Democrats as she prepares to launch an almost-certain second bid for the presidency.

Rarely, if ever, has a potential commander in chief been so closely associated with an organization that has solicited financial support from foreign governments.

[Hillary] Clinton formally joined the foundation in 2013 after leaving the State Department, and the organization was renamed the Bill, Hillary & Chelsea Clinton Foundation.

Foreign sources, including governments, made up a third of those who have [each] given the foundation more than $1 million over time. The Post found that the foundation, begun by former president Bill Clinton, has raised nearly $2 billion since its creation in 2001.

Foreign governments and individuals are prohibited from giving money to U.S. political candidates, to prevent outside influence over national leaders. But the foundation has given donors a way to potentially gain favor with the Clintons outside the traditional political limits.

In a presidential campaign, Hillary Clinton would be likely to showcase her foreign-policy expertise, yet the foundation’s ongoing reliance on foreign governments’ support opens a potential line of attack for Republicans eager to question her independence as secretary of state and as a possible president. 

The Wall Street Journal reported last week that the foundation had accepted new foreign-government money now that the 2008 agreement has lapsed. …

Foreign governments had been major donors to the foundation before President Obama nominated Clinton to become secretary of state in 2009. When the foundation released a list of its donors for the first time in 2008, as a result of the agreement with the Obama administration, it disclosed, for instance, that Saudi Arabia had given between $10 million and $25 million.

In some cases, the foundation said, governments that continued to donate while Clinton was at the State Department did so at lower levels than before her appointment. …

Countries that donated to the foundation during Clinton’s time at the State Department also lobbied the U.S. government during that time.

Qatar, for instance, spent more than $5.3 million on registered lobbyists while Clinton was secretary of state, according to the Sunlight Foundation. … Qatar has also come under criticism from some U.S. allies in the region that have accused it of supporting Hamas and other militant groups. Qatar has denied the allegations.

The 2008 agreement laid out that the new rules were intended to allow the Clinton Foundation to continue its “important philanthropic work around the world,” while also avoiding conflicts. It was signed by Bruce Lindsey, then the foundation’s chief executive, and Valerie Jarrett, who was co-chair of Obama’s transition team. 

John Hinderaker at PowerLine justly comments:

Does anyone seriously think that a foreign government would choose the Clinton Foundation as its preferred charitable vehicle unless it sought to curry favor with a) a former president and still leading figure in the Democratic Party, b) the Secretary of State, and c) a possible future president? How dumb do the Clintons think we are?

Moreover, there is reason to suspect that the Clinton Foundation has served as a slush fund to finance the Clintons’ private enjoyments. The New York Post reported in 2013 that the Clinton Foundation had spent more than $50 million on travel expenses since 2003. Think about that: $50 million! That would cover a lot of the globe-trotting for which the Clintons are famous. …

It isn’t a stretch for the average voter to understand that when Hillary extracts $300,000 per speech from public institutions – a laundered campaign contribution that would otherwise be illegal – and the family foundation rakes in millions from foreign governments while Hillary serves as Secretary of State, the Clintons are more interested in cashing on on their position and their notoriety than in serving the American people.

How much does this fountain of beneficence actually give away to “good causes”? That we have not found out. But there is this – also from the Washington Post:

After earning more than $109 million over eight years, the Clintons took tax write-offs for $10.2 million in charitable contributions. In most of those years, that money was donated to the Clinton Family Foundation, and a portion was distributed to charitable causes. …

Between 2001 and 2006, the years for which tax records are available, the family put nearly $6 million into the foundation. The Clintons took a tax write-off for that money even though the foundation gave away less than half that amount– about $2.5 million. …

And there is this August 2013 report from the New York Times – which is even more biased to the Left, yet cannot make everything about the foundation seem above suspicion:

For all of its successes, the Clinton Foundation had become a sprawling concern, supervised by a rotating board of old Clinton hands, vulnerable to distraction and threatened by conflicts of interest. It ran multimillion-dollar deficits for several years, despite vast amounts of money flowing in. …

Worried that the foundation’s operating revenues depend too heavily on Mr. Clinton’s nonstop fund-raising, the three Clintons are embarking on a drive to raise an endowment of as much as $250 million …

The foundation, which has 350 employees in 180 countries, remains largely powered by Mr. Clinton’s global celebrity and his ability to connect corporate executives, A-listers and government officials. On this month’s Africa trip, Mr. Clinton was accompanied by the actors Dakota Fanning and Jesse Eisenberg and the son of the New York City mayoral candidate John A. Catsimatidis, a longtime donor.

Today, big-name companies vie to buy sponsorships at prices of $250,000 and up, money that has helped subsidize the foundation’s annual operating costs. Last year, the foundation and two subsidiaries had revenues of more than $214 million.

Yet the foundation’s expansion has also been accompanied by financial problems. In 2007 and 2008, the foundation also found itself competing against Mrs. Clinton’s presidential campaign for donors amid a recession. Millions of dollars in contributions intended to seed an endowment were diverted to other programs …

The foundation piled up a $40 million deficit during those two years, according to tax returns. Last year, it ran more than $8 million in the red.

Amid those shortfalls, the foundation has sometimes catered to donors and celebrities who gave money in ways that raised eyebrows in the low-key nonprofit world. In 2009, during a Clinton Global Initiative gathering at the University of Texas at Austin, the foundation purchased a first-class ticket for the actress Natalie Portman, a special guest, who brought her beloved Yorkie, according to two former foundation employees. …

In interviews, foundation officials partly blamed the 2008 recession and difficulties in getting donors to provide operating support rather than restricted grants for specific programs for the deficits. …

On one occasion, a team of employees [flew] around the world for months gathering ideas for a climate change proposal that never got off the ground. …

While much attention has focused on Mrs. Clinton’s emerging role within the foundation, advisers to the family say her daughter’s growing involvement could prove more critical in the years ahead. After years of pursuing other career paths, including working at McKinsey & Company and a hedge fund, Ms. Clinton, 33, has begun to assert herself as a force within the foundation. Her perspective is shaped far more than her parents’ by her time in the world of business, and she is poised to play a significant role in shaping the foundation’s future, particularly if Mrs. Clinton chooses to run for president. …

Over the years, the foundation has dived into virtually any cause that sparked Mr. Clinton’s interest: childhood obesity in the United States, sustainable farming in South America, mentoring entrepreneurs, saving elephants from poaching, and more. That list will shift soon as Mrs. Clinton and Chelsea build their staffs to focus on issues including economically empowering women and combating infant mortality.

In the coming months, as Mrs. Clinton mulls a 2016 presidential bid, the foundation could also serve as a base for her to home in on issues and to build up a stable of trusted staff members who could form the core of a political campaign. …

And Mrs. Clinton’s personal staff of roughly seven people — including [Muslim Brotherhood associate] Huma Abedin … — will soon relocate from a cramped Washington office to the foundation’s headquarters. They will work on organizing Mrs. Clinton’s packed schedule of paid speeches to trade groups and awards ceremonies and assist in the research and writing of Mrs. Clinton’s memoir about her time at the State Department …

Which, of course, will tell the truth, the whole truth, and nothing but the truth.

Posted under corruption, United States by Jillian Becker on Thursday, February 26, 2015

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