Did You Know...

   

Least surprising report of the week: Foundation headed by Clintons rife with crony capitalist conflicts of interest

Share
By Doug Powers  •  August 15, 2013 02:02 PM

**Written by Doug Powers

The only way I could be more surprised is if I found out Bill still had a wandering eye:

On Wednesday, the New York Times ran a blistering investigative report revealing the Clinton Foundation as a nonprofit rife with crony capitalist conflicts of interest and multi-million dollar deficits despite raking in at least $492 million from 1997 to 2007.

In 2007 and 2008, the Clinton Foundation, which is soon to be renamed the “Bill, Hillary, & Chelsea Clinton Foundation,” ran a $40 million deficit. Last year, it ran a deficit of over $8 million despite the Foundation and two subsidiaries generating $214 million in revenues.
[…]
The New York Times says the cronyism and conflicts have reached critical mass. “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,” reports the Times. “It ran multimillion-dollar deficits for several years, despite vast amounts of money flowing in.”

What difference does it make?

Equally unsurprising, the new Clinton Foundation headquarters will serve as the “nerve center” for Hillary’s expected 2016 push.

**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus

Ex-prez with 24/7 armed security: More guns make us less safe

June 15, 2016 07:23 AM by Doug Powers

billhill1

“Likely that more people would have been killed” in Orlando if somebody else had been armed.

Clintons selflessly accepting as much Middle East cash as possible before it can be used to fund terrorism

June 14, 2016 08:32 AM by Doug Powers

billhill

Doing their part

Hillary hopes State Dept. changes procedures so future secretaries can’t hide secret servers & mass delete emails

May 25, 2016 09:36 PM by Doug Powers

hillaryshrug

Because they care

What a pal! Clinton crony Terry McAuliffe attracts FBI’s attention so Hillary doesn’t feel unfairly singled out

May 25, 2016 07:29 AM by Doug Powers

hillarymcauliffe

Cronies under investigation together stay together

Mojo Verizon: Hillary Clinton — Twisted love child of Gordon Gekko and Norma Rae?

April 14, 2016 06:30 PM by Doug Powers

hillaryverizon

Rakes in $250k from Verizon, joins strike against company


Categories: Bill Clinton, Hillary Clinton, 2016 Campaign

Follow me on Twitter Follow me on Facebook