The Clinton Scam (pizzagate)

submitted ago by fogdryer

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:

  1. You create a separate foreign "charity". In this case one in Canada.

  2. 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).

  3. The Canadian charity then bundles these separate donations and makes a massive donation to the Clinton Foundation.

  4. 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.)

  5. 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.

  6. 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.

  7. 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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anonOpenPress ago

The Clinton Global Initiative is closing doors permanently in 10 days from now - Wondering what happens to all the money, they still have a lot addressed to Haiti earthquake victoms, as one example, somewhere in their backpockets. And that was what... in 2002?

http://www.theblaze.com/news/2017/01/15/controversial-clinton-global-initiative-closing-its-doors-for-good/

Are_we_sure ago

The Clinton Global Initiative was mainly a framework where people could present and implement charitable ideas and make a "commitment to action." CGI did not do the charitable work in this case. It was an entrepreneurial setting for finding solutions. The folks making these commitments were the ones who were going to fulfill it, not the Clinton Initiative. They were putting up their own money to make these "commitments to action". What they got out of it was a place to exchange of ideas, meet partners or sponsors and have their work publicized. They would measure people's progress. If you didn't meet your pledged commitment, you weren't invited back. It's a model that has been adopted by other charities. You could get up a present your idea and if other people liked it, you could be working with corporations or governments or donors to make it happen.

It's just one of the Clinton Foundations's programs. The Foundation is continuing so I'm assuming the money would stay with them.

anonOpenPress ago

The funds are awarded through CGI to those commitments. Why are you talking about their own money I don't know, I don't find that realted at all. Of course the commitments includes those with 100% own/other money, those partially funded by CF and those fully funded by CF. Not sure what's your point explaining otherwise.

Sure CF needs to find another route to address the already collected funds after they close CGI. That's exactly the thing I'm talking about. Haiti funds I used as an example have been held for 15 years, they should not disappear (if they didn't already). I guess we can agree on that.

Are_we_sure ago

CGI does not provide the funds.

CGI is not a funding organization, like the World Bank, and it is not an implementing agency, like WFP. It is unique in its mission and structure.

FACT: The Clinton Global Initiative and the Clinton Foundation do not fund or implement commitments. While the Wall Street Journal claims that CGI “arranged” and “set up” funding for this commitment, the fact remains that no funding from the Clinton Foundation went to finance this or any other commitment, and CGI has no role in implementing commitments that our members pledge. CGI is a marketplace where CGI members and participants often find funding from other CGI members to implement their commitments. Fostering these introductions is part of the goal of CGI.

anonOpenPress ago

A funny fact telling only a half of the truth. CGI uses money on "program services" to support their members commitments (so by the book you're right: not directly to commitments). The truth can be found via tax reports, here's a pick from 2015:

Describe the organization's [Clinton Foundation] program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.

  1. Clinton Global Initiative, expenses 25,792,034, revenue 1,136,696.

How the expenses are explained, CGI's mission is reported as:

The Clinton Global Initiative’s (CGI) mission is to inspire, connect, and empower solutions to the world’s most pressing challenges.

Regardin use of money in Haiti on 2015 (and a few salaries to compare with)

  • 468,000 to a Los Angeles company for reconstruction in Haiti
  • 190,000 to Development Fund (LLC) in Haiti
  • 394,000 to the Chairman of the Board
  • 261,000 to the CEO of CGI
  • 290,000 to the Director of sponsorship, CGI
  • something to all the other 20 employees of CGI

Above CGI, Clinton Foundation's fundraising expenses were $5,5M and their fund balance in the end of 2015 was $346M.

  • What makes things interesting is that CF had $1,531,656 temporary restricted assets for Haiti relief and recovery in 2014 dropping down to 0 in 2015 but I don't find that asset spent to Haiti on the tax report, nor as a change in Haiti related assets value.
  • Yet more interesting, CF had $3,232,193 asset released from restrictions for Haiti relief and recovery in 2014, down to $2,270,250 in 2015 but I don't see that $1M spent on Haiti either
  • (well, I'm not expert on reading tax reports. Maybe the money was given to some Haitian farmers somehow...)

Are_we_sure ago

A funny fact telling only a half of the truth. CGI uses money on "program services" to support their members commitments (so by the book you're right: not directly to commitments). The truth can be found via tax reports, here's a pick from 2015:

I don't understand what you are trying to point out and I don't see anything pointing to "half a truth." I don't think any thing you cited contradicted what I wrote. Yes. CGI spends money. It used to put on several major conference every year, does other works throughout the year, like track progress committments. As I said they provided the framework/space for the committments to happen. Of course, they spent money. I never said they didn't. Just putting on an annual three day meeting takes a ton of work and time. My wife works for a company that puts on two major shows a year and just her part takes months of prep. CGI had their big annual meeting in NYC, but also had a Winter Meeting in NYC and smaller events in Latin America, Africa and an American meeting in Georgia. Those would be part of the program services of the CGI

anonOpenPress ago

So you see nothing wrong anywhere. Have your opinion, by the book you were right and if you didn't get my point that's ok. I have no time to argue on these details, there are children to save including Haiti.