Posted on 11/06/2016 5:43:48 PM PST by Son House
Wikileaks was able to shed light on what top Bill Clinton aide Doug Band, who helped start the Clinton Foundation and went on to co-found his own consulting firm, Teneo, called Bill Clinton, Inc. The 13-page memo described how money could be obtained to go to both the Clinton Foundation and to the Clintons personally. That strategy centered on using the Foundation’s top tier donor base (Dow Chemical, Coca-Cola, etc.) to also forge paid speaking engagements and consulting deals. The amount that Bill could personally reap with this strategy could be as much as $66 million if everything remained in place.
…Mr. Band went ahead and described the “unorthodox nature” of his work while emphasizing his determination to help “protect the 501(c)3 status of the Foundation.” That’s the part of the tax code that has allowed the Clinton Foundation to remain tax-exempt on the premise that it is dedicated to serving humanity.
Mr. Band graciously copied John Podesta, then adviser to the board, who would eventually become Hillary’s campaign chief. His helpful reply was to suggest that Mr. Band “strip the defensive stuff out” and later “go through the details and how they have helped WJC” [ William Jefferson Clinton].
The Band memo reveals exactly what critics of the Clintons have long said: They make little distinction between the private and public aspects of their lives, between the pursuit of personal enrichment, the operation of a nonprofit, and participation in U.S. politics.
Mr. Band writes that he and his colleague Justin Cooper “have, for the past ten years, served as the primary contact and point of management for President Clinton’s activities—which span from political activity (e.g., campaigning on behalf of candidates for elected office), to business activity (e.g., providing advisory services to business entities with which he has a consulting arrangement), to Foundation activity.”
[…]
Mr. Band’s memo confirms that donors were not seeking merely to help the sick and the poor. He explains that the Clinton Foundation had “engaged an array of fundraising consultants” over the past decade but “these engagements have not resulted in significant new dollars for the Foundation.” In other words, it wasn’t working as a conventional charity.
Mr. Band then explains how he and his Teneo partner Declan Kelly had to carry the fundraising load, and did so by packaging foundation solicitations with other services such as a meeting with Bill Clinton, $450,000 speeches or strategic advice. Many of the donations, from U.S. companies like Coca-Cola and Dow Chemical and foreign firms like UBS and Barclays, occurred while Hillary Clinton was Secretary of State.
MSNBC’s Joe Scarborough described the whole matter as a “shakedown.” Mediaite noted that co-host Mika Brzezinski said the whole affair put the Clinton Foundation in a scandalous light in a “kind of morally deficit kind of way, a sleazy way.” The ironic thing here is that none of this would have come to light if Chelsea Clinton weren’t worried about aides hustling business (via Politico):
Chelsea Clinton sent a fiery email to a group of top Clinton advisers, detailing allegations about aides she said were undermining the family, including by possibly misrepresenting their expenses and blurring the line between a family-linked consulting firm and the Clinton Foundation.
[…]
In the email, Chelsea Clinton says the allegations made her “very sad,” though she acknowledges that she cannot attest to the veracity of all of them and that there are likely other “sides” to the claims. Still, she says she raised the concerns with her parents. And, as part of her efforts to “professionalize the Foundation,” she wrote, she was passing along the allegations to the recipients of the email — Podesta, longtime Hillary Clinton confidante Cheryl Mills and two officials from Simpson Thacher, a law firm that had been commissioned to audit the Clinton Foundation.
At the time of the email, Chelsea Clinton was pushing to enact tougher internal rules at the Clinton Foundation regarding conflicts of interest and outside income.
What a load of horse manure.
Rather than immediately passing judgement, take some time to read the article. It's pretty interesting.
And, a lot of people are paying attention, even if it's not in the 24-hour news cycle.
Thanks for that info!!!
I hope they throw the book @ illary & Hillary!
justlurking wrote:
The IRS actually is investigating the Clinton Foundation.
The Dallas IRS Office That’s Quietly Determining the Fate of the Clinton Foundation
The Earle Cabell Federal Building in downtown Dallas is an all purpose office complex, a bastion of federal bureaucracy located at 1100 Commerce St. Most people come for a passport or to get business done in front of a federal judge. But inside, a quiet review is underway that has direct ties to the raging presidential election: The local branch of the IRS’ Tax Exempt and Government Entities Division is reviewing the tax status of the Bill, Hillary and Chelsea Clinton Foundation.
You’d think a 98er would get where this is going if the Queen of Corruption wins...
Wouldn’t be interesting if Chelsea was the one sending info to wikileaks. You have to figure with only being a stage prop she may have some resentment. Plus with mom and pop out of the way she gets to run the show.
#6. Koskinen or whatever will be investigating Teabaggers along with CNN’s Anderson Cooper and Lady Marmalade.
Damned if he doesn’t look like the Baby Alien in John Hurt’s chest in “Alien”.
#13. See if this becomes a “news flash” if Hillary wins. “Dallas IRS Building disappears in giant flash - Russians blamed”.
Re the Foundation, why is nobody mentioning this?
Algeria was on the Terrorist Watch List and wasn’t happy about it.
Algeria paid $500,000 to the Clinton Foundation.
Algeria was taken off the Terrorist Watch List.
So that leaves America vulnerable to murderers coming into the country from Algeria. They weren’t taken off The List because they’re safe, but because they bought the new status.
Good post. I knew about the 10% thing but watching part of “Clinton Cash” last night, I saw video of Bill Clinton saying (basically) “There’s no better place to put your money to have an immediate impact on people than The Clinton Foundation”.
Guess he forgot to tell them they’d be taking 90%. And yet there are still people who support the Clintons.
SMH
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