Posted on 09/22/2016 11:53:24 AM PDT by Jim W N
The Clinton Foundation is planning to drop dozens of employees as it winds down most operations, according to a report by Politico, citing “two former Clinton Foundation officials who remain in communication with staff.”
The layoffs come after media investigations, led by Breitbart editor Peter Schweizer, whose 2015 book Clinton Cash alleged a pay-to-play pattern in which the Clintons courted donations from foreigners and businesses with matters pending before the State Department.
The Clintons say they are closing down much of the foundation’s work, and severing many — though not all — personal ties to the organization, in anticipation of Hillary Clinton’s victory in the November election.
Critics have suggested that the Clinton Foundation could create new conflicts of interest for a Clinton administration, an argument that the Clintons have grudgingly accepted — though without explaining why the same arguments would not have applied to her term as Secretary of State.
However, some of the cuts to the Clinton Foundation are apparently independent of the November election, and simply the result of the broader scandal surrounding the so-called “charity.”
Critics accuse the Clinton Foundation of being a tool for the self-enrichment of the Clinton family. Documents filed in 2015 suggest the foundation spent less than 6 percent of its budget on charitable grants in 2014, and “spent far more on overhead expenses like travel ($7.9 million),” the Federalist reports.
Politico notes that some friends of the foundation are upset with the way the Clintons are handling the spinoffs and layoffs:
Some foundation allies grumbled that the announcement … was handled in an insensitive manner, according to the former officials. Others predicted that retaining some staff to work with deep-pocketed government, corporate and nonprofit donors on existing programs would only feed criticism about … preferential treatment from Hillary Clinton’s State Department.
(Excerpt) Read more at breitbart.com ...
Hillary's going down to Chinatown.
To be re-hired the day after she loses.
(or re-hired, God-forbid, the day she wins)
Its already served its purpose
No worries, they’ll ramp up the day after she loses. Wait, that’s not right, the Krinton Foundation will ramp up the day after the recounts are done and Hitlery fails to sue for the win.
... the Clinton Foundation could create new conflicts of interest for a Clinton administration ...
Non-issue; there will NOT BE a Clinton administration.
Go, Trump, GO!
And hired by another sham foundation.
<><>the Clinton Health Access Initiative (CHAI),
<><>the Bill, Hillary and Chelsea Clinton (BHCC) Foundation,
<><>the Clinton Foundation Hong Kong,
<><> William J. Clinton Foundation Charitable Trust (Kenya),
<><>William J. Clinton Foundation Charitable Trust (UK),
<><> the Clinton Foundation Insalingsstiftelse (Sweden).
<><> the Clinton/Guistra Partnership, Canada.
Uhhh.. who gets the dough? (I know , I know..)
Either Trump or a free per predicted this shutdown
Let’s hope there are a few disgruntled employees eager for some payback. DJT should ask to see their separation agreements which should be epic in the restrictions imposed on the soon-to-be-former employees.
The Clinton response as parroted by the MSM is that the Clinton Foundation is not a charitable grant foundation in the traditional sense; rather it provides the charitable work and services directly using its own employees, which is why its salaries, travel expenses, and overhead are so high. Has anyone objectively examined this claim?
Can’t believe this is in Politico.
That horse has already left the barn.
I expect many will quickly become campaign employees.
If Hillary loses, donations will fall to nothing. I expect it to be in receivership within a year.
If she wins, the foundation will reorganize under a new name. Its cover is blown. Donations will resume, but not so the public can so easily see them.
Clintons take in a thousand bucks... spend $940 on air fare, hotels... etc. then they drop off a mere sixty bucks for the poor...AND what they 'give to their 'charity' they take off their taxes. Bet the Clintons haven't paid one dime for vacations (out of their own meny since they left the White House.
Must be nice.../s (if you're crooks like they are)
Those employee paychecks are syphoning off too much Clinton moolah.
Move the money out and about before it can be seized.
Time to shift to a new set of shell corporation, and have a fire tragically destroy all records.
Sadly I feel no sadness for this announcement.
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