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Clintons Shutter Global Initiative as Donations Dry Up
The New American ^ | 16 January 2017 | Bob Adelmann

Posted on 01/16/2017 10:34:23 AM PST by VitacoreVision

The Clinton Global Initiative (CGI) filed a WARN — Worker Adjustment and Retraining Notification — with New York State’s Department of Labor on Thursday, announcing that, effective April 15, 2017, it would be closing its doors and laying off 22 employees. The CGI's stated reason: “Discontinuation of the Clinton Global Initiative.”

Following the election, foreign governments that had been regular donors began cutting their contributions to the Clinton Foundation, some severely. For example, news.com.au noted that the Australian government “has not renewed any of its partnerships with the scandal-plagued Clinton Foundation, effectively ending 10 years of taxpayer-funded contributions worth more than $88 million.” The government of Norway, which had been contributing as much as $20 million a year to the foundation, cut its contribution by nearly 90 percent.

As noted by the New York Observer, these cuts indicate that “the organization’s clout was predicated on donor access to the Clintons, rather than its philanthropic work.”

Suggestions that the CGI, which called itself a "networking" adjunct to the Clinton Foundation, was primarily an influence-peddling scheme to enrich the Clintons in exchange for “access” arose in October. That's when the anti-secrecy group WikiLeaks published e-mails from Doug Band, a co-founder of CGI, indicating how the “pay for access” scheme worked. The Washington Post, a supporter of the Clinton candidacy for president, laid bare the details:

"The memo, made public Wednesday [October 26] by the anti-secrecy group WikiLeaks, lays out the aggressive strategy behind lining up consulting contracts and paid speaking engagements for Bill Clinton that added tens of millions of dollars to the family’s fortune, including during the years that Hillary Clinton led the State Department. It describes how Band help run what he called 'Bill Clinton, Inc.', obtaining 'in-kind services for the President and his family — for personal travel, hospitality, vacations and the like.'"

The closing of CGI confirmed Peter Schweizer’s conclusions in his book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich, that there are "serious and alarming questions of judgment, of possible indebtedness to an array of foreign interests, and ultimately, of [Hillary’s] fitness for high public office."

As Forbes noted in its review of the book, “The timing of policy decisions or international deals relative to donations, transcends coincidence” while Harvard Law School professor Lawrence Lessig observed, “On any fair reading, the pattern of behavior that Schweizer has charged is corruption.”

As Schweizer reveals, the pattern is predictable and repeated frequently: "Introductions are made. A deal is struck — usually to exploit natural resources such as uranium, oil, or timber, on a large and highly profitable scale. Soon after that, enormous contributions are made to the Clinton Foundation from those who benefited from the deal, while Bill is commissioned to deliver a series of highly-paid speeches. Moreover, some of these deals require approval or review by the U.S. government [which] fall within the purview of a powerful senator [Hillary] or secretary of state [Hillary]."

Schweizer revealed how Hillary was involved in facilitating the transfer of nearly 50 percent of U.S. uranium output to Russia, benefiting large donors to her foundation. He revealed how Bill was paid enormous sums for speeches given to foreign governments and businesses which just happened to have matters pending before the State Department while Hillary was secretary. He exposed how a visit by the Clintons to Colombia was followed by the grant of lucrative logging rights to a Canadian billionaire who also happened to be a Clinton Foundation donor.

But the river of financial largesse in exchange for access has dried up. After all, when there’s no influence to peddle, what other reason would there be to contribute?


TOPICS: Breaking News; Crime/Corruption; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: braking; cgi; clinton; clintoncash; clintoncrimefamily; clintonfoundation; clintonlosesagain; dougband; fundingtheleft; globalinitiative; hillary2016; paytoplay; slushfund; trump; trumpwinsagain; x42
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Comment #61 Removed by Moderator

To: VitacoreVision

Donald Trump should have all the money seized.


62 posted on 01/16/2017 2:34:25 PM PST by minnesota_bound
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To: GOPe Means Bend Over Spell Run

Of course.

That stupid mouth James Carville was talking about all the people that would die if the Clinton crap went away.

They got away with 16 years of selling favoritism to the entire World at the citizens expense.

Hang them.


63 posted on 01/16/2017 2:48:24 PM PST by eyedigress ((Old storm chaser from the west))
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To: A_Former_Democrat

No play => No pay is logical proof that this was a pay to play scam.


64 posted on 01/16/2017 2:49:01 PM PST by AndyJackson
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To: bigbob

One is a cute girl, and one is a frightening scavenger.


65 posted on 01/16/2017 2:53:09 PM PST by AndyJackson
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To: VitacoreVision
Clinton Global Crime Initiative...
..................
66 posted on 01/16/2017 3:41:43 PM PST by Chode (may the RATS all die of dehydration from crying)
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To: VitacoreVision

We gotta retaliate against these countries trying to destroy our constitutional government. Australia, Norway, etc. are POS countries who were going to bribe the Clintons and mess with us normal Americans. They need to be outed and punished severely.


67 posted on 01/16/2017 3:52:59 PM PST by caddie
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To: VitacoreVision

10 billion was raised for Haiti. Haiti can account for three-hundred million spent. Where did the 9.7 billion disappear to?


68 posted on 01/16/2017 3:59:43 PM PST by heights
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To: Right-wing Librarian

I don’t remember any details. I do remember dealings between the Foundation and Qatar.


69 posted on 01/16/2017 4:03:01 PM PST by colorado tanker
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To: VitacoreVision
Because pardons only keep you from jail time for events up until the day of the pardon. Hillary is going to try to walk the "straight and narrow." Fortunately, her family and friends won't likely get pardons. Also, pardons do not stop financial penalties of any sort. ☺
70 posted on 01/16/2017 4:06:26 PM PST by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticides, abortion, and euthanasia.")
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To: VitacoreVision
Because pardons only keep you from jail time for events up until the day of the pardon. Hillary is going to try to walk the "straight and narrow." Fortunately, her family and friends won't likely get pardons. Also, pardons do not stop financial penalties of any sort. ☺
71 posted on 01/16/2017 4:07:03 PM PST by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticides, abortion, and euthanasia.")
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To: A_Former_Democrat
John Lewis is not a legitimate US representative.

#NotMyUSRepresentative

72 posted on 01/16/2017 4:21:11 PM PST by kiryandil (Will Hillary's BrownShirt Media thugs demand that The Deplorables all wear six-pointed Orange Stars?)
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To: VitacoreVision

Fancy that! No pay when there’s no play!


73 posted on 01/16/2017 4:35:04 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: VitacoreVision

I am hearing on FOX that these bandits failed to register this non profit, That is a CRIME!! This scam needs an AUDIT!!NOW!!!


74 posted on 01/16/2017 4:35:51 PM PST by WENDLE (Lewis boycotted the Bush inaugauration!! Lewis is just a RACISTS!!!)
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To: Chode
More like this chode


75 posted on 01/16/2017 4:43:01 PM PST by GraceG (Only a fool works hard in an environment where hard work is not appreciated...)
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To: VitacoreVision

NYT Headline: Trump Responsible For Massive Unemployment


76 posted on 01/16/2017 4:43:10 PM PST by freedomlover (Satire alert)
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To: Buckeye McFrog
Q. How were they different?

A. The circus smelled better.

Ringing Bros. closed down after they got rid of the elephants.

The CGI closed down after the elephants won the White House!

77 posted on 01/16/2017 4:43:51 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: VitacoreVision

78 posted on 01/16/2017 5:18:21 PM PST by Grampa Dave (The deadliest Islamic terror cell America has ever faced is leaving office, 20 Jan 2017!)
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To: VitacoreVision
A Happy and Wonderful Schadenboner New Year to all the le Deplorables/Freepers across America!

(The Never Trumpers and Dems never die. They just get smellier, snarl, whine more and look/act very depressed!)

Urban Dictionary: Schadenboner:

Schadenboner. An extreme degree of pleasure from the misfortune of Never Trump A$$holes whining, crying and moaning after Trump’s victory..

Please donate monthly to Free Republic to keep our Schadenboner strong and viable for the next 8 to 16 years!


79 posted on 01/16/2017 5:22:42 PM PST by Grampa Dave (The deadliest Islamic terror cell America has ever faced is leaving office, 20 Jan 2017!)
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To: GraceG
outstanding
80 posted on 01/16/2017 5:25:22 PM PST by Chode (may the RATS all die of dehydration from crying)
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