The Clinton Foundation is under fire over how much of its money actually goes to charity. The amount of money that goes to the charities, not controlled by the Clintons, appears to be as low as 15%. The Clinton Foundation have reacted claiming the figure is much higher. They also claim they hire they’re own staff which also means the money stays within the Foundation instead of going to actual charities.
YNW reports: This unusual approach to charity has flummoxed Charity Navigator, one of the leading independent organizations that track charities. Charity Navigator has stopped giving the Clinton Foundation a charity ranking at all.
Where does the money go?
What are these in-house, expensive charities that suck up all this cash? The Federalist reported that “the two single largest ‘charitable’ initiatives of the Clinton Foundation — by its own admission — are the Clinton Presidential Library, which exists solely to put a positive spin on the 42nd president’s term in office, and the Clinton Global Initiative, which the New York Times characterized as a ‘glitzy annual gathering of chief executives, heads of state, and celebrities.’” If hanging out with celebrities and networking at glitzy dinners counts as charity, then it’s time to grant the Kardashian sisters tax-exempt status.
Unprosecuted charity fraud
Charles Ortel, the investigator who uncovered the financial discrepancies at General Motors before its stock crashed, says the Clinton Foundation is “the largest unprosecuted charity fraud ever.”
The Foundation “isn’t organized lawfully and isn’t operating lawfully. There’s never been a legally compliant audit,” Ortel says of the Foundation raking in hundreds of millions of dollars per year.
The Post Gazette reports that Mr. Ortel has examined every public filing by the Clinton Foundation and its major donors and he’s found massive discrepancies between what the foundation claimed receiving and what donors say they gave.
For instance, between September 2006 and December 2008, the UNITAID global health consortium reported giving around $100 million more than the Clinton Foundation reported getting, Mr. Ortel says.
After a devastating earthquake in Haiti in 2010, Bill and Hillary Clinton controlled dispersal of more than $10 billion in aid funds. Very little of it ever got to the poor, noted Haitian journalist Dady Chery. She called Clinton disaster fund-raising “predatory humanitarianism.”
“The business model of the Clintons is to stand between misery and the donor community and allow billions of dollars to get diverted,” Mr. Ortel said.
More than half the people outside government who met with Hillary Clinton while she was secretary of state gave to the Clinton Foundation, the Associated Press reported Aug. 23. At least 85 of 154 from private interests donated as much as $156 million to the foundation, AP said.
Some large donors are foreigners with shadowy pasts, such as Lebanese businessman Gilbert Chagoury, who was denied entry to the U.S. last year because of suspicion of links to terrorism.
Sixteen foreign governments donated up to $170 million after their representatives had meetings with Secretary Clinton, the AP reported.
“Why did the Saudi regime and other Gulf tyrannies donate millions to the Clinton Foundation?” wondered left-wing journalist Glenn Greenwald.
Clinton-controlled group events are “all about buying access,” Adam Davidson, host of NPR’s “Planet Money” show said.
Journalists expressed alarm about Donald Trump’s bromance with Russian leader Vladimir Putin and the megabucks his former campaign manager, Paul Manafort, was paid to promote Mr. Putin’s stooge in Ukraine. They’ve given less attention to Team Clinton’s ties to the Kremlin. The Podesta Group, founded by Clinton campaign chairman John Podesta and his brother Tony, lobbies for Russia’s biggest bank, which is “functionally an arm of the Kremlin,” said former counterintelligence officer John Schindler.