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October 27, 2016

Wikileaked Emails Reveal Extensive and Remorseless Plan to Extract Money from Big Corporations for the Clinton Family's Personal Enrichment

Don't forget: Trump called a fat girl fat.

An email hacked from John Podesta's account, written by a top Bill Clinton aide, Doug Band, shows the latter bragging about how much money he was raking in from corporations to stuff into the pockets of what he himself calls "Bill Clinton, Inc."

When top Bill Clinton aide Douglas Band wrote the memo, he was a central player at the Clinton Foundation and president of his own corporate consulting firm. Over the course of 13 pages, he made a case that his multiple roles had served the interests of the Clinton family and its charity.

In doing so, Band also detailed a circle of enrichment in which he raised money for the Clinton Foundation from top-tier corporations such as Dow Chemical and Coca-Cola that were clients of his firm, Teneo, while pressing many of those same donors to provide personal income to the former president.

The system has drawn scrutiny from Republicans, who say it allowed corporations and other wealthy supporters to pay for entree to a popular former president and a onetime secretary of state who is now the Democratic presidential nominee.

...

The memo, made public Wednesday by the anti-secrecy group WikiLeaks, lays out the aggressive strategy behind lining up the consulting contracts and paid speaking engagements for Bill Clinton that added tens of millions of dollars to the family's fortune, including during the years that Hillary Clinton led the State Department. It describes how Band helped run what he called "Bill Clinton Inc.," obtaining "in-kind services for the President and his family -- for personal travel, hospitality, vacation and the like."

...

Spokesmen for Bill Clinton and Chelsea Clinton and the foundation declined to comment.

...

Band wrote that Teneo partners had raised in excess of $8 million for the foundation and $3 million in paid speaking fees for Bill Clinton. He said he had secured contracts for the former president that would pay out $66 million over the subsequent nine years if the deals remained in place.

For instance, Band wrote that Kelly arranged for the former president to meet the chief executive of Coca-Cola in January 2009 at the Clintons' home in Washington. In all, according to Band's memo, Coke had contributed $4.33 million to the foundation between 2004 and 2010.

...

Records show UBS paid Clinton about $2 million in speaking fees between 2011 and 2015 for a series of appearances, generally alongside former president George W. Bush. The company also paid Hillary Clinton $225,000 for a 2013 speech.
UBS declined to comment.

Another achievement cited by Band: Laureate International Universities, a chain of for-profit international colleges, which donated to the foundation and agreed to pay Bill Clinton $3.5 million a year to serve as honorary chancellor.

And the graft goes on and on, remorselessly. Their appetite for sucking money out of people for their own private gain is never sated.

See this Hot Air post to see Joe Scarborough and his usual clown car of idiots discussing this, with an appropriate level of disgust. Not even the liberals can come close to defending it. The best they can offer is that no quid pro quo has been proven -- yet.

But people don't give you $66 million for nothing, you know.

See also this Andy McCarthy piece on the implications of the hacked emails revealing Obama lied when he claimed to have learned of Hillary's private email account "from the media when the rest of y'all did."


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posted by Ace at 11:46 AM

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