As allegations flew that the Clinton Foundation was a billion-dollar pay-for-play enterprise, donations tanked. It’s possible it was also because the Clintons were losing access. What is the future of the foundation now that the Clintons are no longer players?
It appears to be an extortion racket. Favorable government actions and visits with the Clintons often coincided with donations to the foundation while Hillary Clinton was secretary of state. Countries looking for favors offered hundreds of thousands for mundane speeches by the Clintons.
Donations to the Clinton Foundation have dropped 37% in one year from 2014 to 2015, Breitbart reported.
The Clinton’s failing charity received $108 million in donations in 2015, down from a $172 million haul in 2014, according to the organization’s tax records.
The Clinton’s seven-figure speech income collapsed, too, from $3.6 million in 2014 to $357,500 in 2015, the New York Post reports.
Bill Clinton’s former top adviser and a senior Clinton Foundation official admitted that the former president had 500 hundred conflicts of interest between his own private business and that of his family’s foundation.
WikiLeaks email tranches uncovered an internal review of the Clinton Foundation, ordered by Chelsea Clinton, in which auditors noted that “some interviewees reported conflicts of those raising funds or donors, some of whom may have an expectation of quid pro quo benefits in return for gifts.”
Now that there is no access we can expect the donations to drop precipitously. That will provide more proof this was a slush fund for the Clinton’s social and political aspirations.
Read about how the foundation is a classic RICO case.
Branco cartoon via Comically Incorrect