Here's how it works:
The Founding Father and Mother "Hillary Clinton came of age during the Burn-the-Bra era of the Sixties, but she did not adopt its disdain for foundations. Quite the contrary. Bill and Hill have created the master scam of our generation, ripping off individuals, institutions, corporations and even entire countries and they call it a foundation! One thing is clear: the Clintons are engirdling the globe and the fat cats have to suck it up.
Truth is I was way ahead of the Man from Hope and the Queen of de Niles on this score. Decades ago I was advising wealthy friends to stop constructing all these elaborate trusts which line the pockets of lawyers and eventually breed various headaches. It makes much more sense to throw most of your wealth into a huge pot and call it a foundation. The law requires giving five percent of its assets to charitable causes each year. Stick to that number and if the endowment earns more than five percent, it is essentially turning a profit like a business. Nor is there ever an estate, as the structure holds fast for ensuing generations to pass through.
Put another way, you can run a hedge fund and call it a foundation.
The family funding the private foundation retains control over its officers and employees. In fact each family member can be listed as an officer in some capacity. You can then count all sorts of outlays, such as flying around in private planes and staying in upscale hotels, as foundation expenses. This enables you to shield a significant portion of your real income from taxes. If you are influential enough to attract outside donors, or to strong-arm them, pretty much every conversation you have with Bertie Wooster about polo in the Drones Club is foundation business.
Put another way, you can run a slush fund and call it a foundation......."
Wiki: Clinton Foundation "The Bill, Hillary & Chelsea Clinton Foundation (originally, the William J. Clinton Foundation) is a non-profit foundation established by former President of the United States Bill Clinton with the stated mission to "strengthen the capacity of people throughout the world to meet the challenges of global interdependence." The Foundation focuses on four critical areas: health security; economic empowerment; leadership development and citizen service; and racial, ethnic and religious reconciliation. The Foundation works principally through partnerships with like-minded individuals, organizations, corporations, and governments, often serving as an incubator for new policies and programs. They have offices located in New York City and Little Rock, Arkansas."....
Website: The Clinton Foundation "We believe that the best way to unlock human potential is through the power of creative collaboration. That's why we build partnerships between businesses, NGOs, governments, and individuals everywhere to work faster, better, and leaner; to find solutions that last; and to transform lives and communities from what they are today to what they can be, tomorrow.
Everywhere we go, we're trying to work ourselves out of a job. Whether it's improving global health, increasing opportunity for women and girls, reducing childhood obesity and preventable diseases, creating economic opportunity and growth, or helping communities address the effects of climate change, we keep score by the lives that are saved or improved.
What began as one man's drive to help people everywhere grew quickly into a foundation committed to helping people realize their full potential. Because the best thing we can do together is give others the chance to live their best life stories.
We're all in this together."
Wow, Everything that she did was illegal and yet nothing seems to be done about it except complain. Where is law enforcement? Where is actual investigation by the Senate or Congress? Is it just because the Justice Department is headed by a Democrat that they back down? Law and Order seems to be out the door for politicians! Of course this goes along with the rest of the corruption that goes on with government!!
I want to see the Benghazi evidence, the billions laundered can be looked at later.
FYI post #1
Hmmmm. Wasn't that Chelsea's occupation for a while?
I hope that the congress can delay an indictment of Hillary until we get an unbiased attorney general.
I would hate to see Hillary screaming she didn’t get a fair trial because her trial was delayed for so long.
It’s astonishing how eager the American people are to put this incompetent, criminal, corrupt and vicious hag in the White House. The electorate is brainwashed by the media on a daily basis. The GOP should drop a reference to the dishonesty of our propagandizing news media in every public statement, but they don’t—they choose instead to play along with the idea that the news media is objective. They are too afraid of being called names by the media. They are doomed.
"Methinks she protesteth too much."