crosspost
****The Clinton Scam
The article linked below is a good, concise summary of how the Clinton Foundation works as a tax free international money laundering scheme. It will probably eventually prove to be the largest political criminal enterprise in US history.
This is a textbook case on how you hide foreign money sent to you and repackage it to be used for your own purposes. All tax free. Here's how it works:
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You create a separate foreign "charity". In this case one in Canada.
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Foreign oligarchs and governments, many sworn enemies of the United States, then donate to
this Canadian charity. In this case, over 1,000 did, contributing mega millions. I'm sure they did this
out of the goodness of their hearts, and expected nothing in return. (Imagine Putin's buddies waking
up one morning and just
deciding to send untold millions to a Canadian charity).
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The Canadian charity then bundles these separate donations and makes a massive donation to the Clinton Foundation.
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The Clinton Foundation and the cooperating Canadian charity claim Canadian law prohibits
the identification of individual donors. (As the article indicates. this is not true.)
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The Clinton Foundation then "spends" some of this money for legitimate good works programs.
Unfortunately, experts believe this is on the order of 10%. Much of the balance goes to enrich the
Clinton's, pay salaries to untold numbers of hangers on, and fund lavish travel, etc. Again, virtually
all tax free, which means you and I are subsidizing it.
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The Clinton Foundation, with access to the world's best accountants, somehow fails to report much
of this on their tax filings. They discover these "clerical errors" and begin the process of re-filing
5 years of tax returns.
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Net result - foreign money, much of it from enemies of the US, goes into the Clinton's pockets tax
free and untraceable back to the original donor. This is the textbook definition of money laundering.
https://archive.is/wTAhm
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reasonedandinformed ago
How do HRC and WJC obtain over $100M in wealth from her salary as Secretary of State, some book deals, and speaking fees? https://www.thesun.co.uk/news/2043776/what-is-hillary-clinton-net-worth/
If you add up the payments that should be on IRS filings, they do not come close to explaining where they got all their wealth. The answer: Influence peddling and money laundering via the Clinton Foundation, CGI, etc.
Are_we_sure ago
That might be because they don't have 100M in wealth. The Sun's method for coming up with their figures is just goofy.
When you list various assets on the Financial Disclosure form used for Presidential candidates You don't put a single figure, you indicate the range the number is within. For example you could have a valuation that looks like this
Home in DC 1 to 5 million Stocks 35,001 to 150,001 Bond 250,001 to 999,999
What Hillary Clinton reported was wealth within this range $11.3 million and $52.7 million.
The Sun's source decided to do a simple average which is boneheaded. Figuring Mrs. Clinton’s minimum and maximum assets gives an average Hillary Clinton net worth of $31,265,004. Then they added another 80 million for Bill Clinton. The person who did this did understand that the 31 million figure they averaged includes Bill Clinton's wealth
https://www.bloomberg.com/politics/articles/2016-05-18/clintons-speaking-fees-decline-93-in-latest-disclosure http://www.politifact.com/truth-o-meter/statements/2016/aug/07/america-rising-now/pro-trump-super-pac-ad-wrong-clinton-wealth/
You can add in another $9 million of real estate for the Clintons that the form doesn't cover (1st and 2nd non rental homes) and say they could be possibly be worth as much as $60 million or the could be as low as $20.
So the Sun could have overestimated their wealth by a factor of five.