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
~ For the latest breaking news, be sure to join Michelle's Email List:

Hillary Clinton’s ‘altruism’ sure does seem to benefit the Clintons quite a bit

July 6, 2014 10:02 AM by Doug Powers

hillarywine

From your foundation, to ours

Another law signed by Bill Clinton comes back to bite the Dems?

June 30, 2014 02:19 PM by Doug Powers

billclinton

DOMA arigato, Mr. Redux

According to Bill Clinton, 15 people have been wrongly convicted of crimes related to Whitewater

May 18, 2014 09:59 AM by Doug Powers

billhill

Ghost of “phony scandals” past

Slick: Bill Clinton receives Woman’s Day’s ‘Red Dress’ award

February 13, 2014 10:46 AM by Doug Powers

billclinton

Forgiveness


Categories: Bill Clinton, Feminist Nonsense, Hillary Clinton, Politics

Follow me on Twitter Follow me on Facebook