Hutch Starskey
Diamond Member
- Mar 24, 2015
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Excersize a bit of intellectual integrity.I truly think all the Clinton Foundation recriminations exist and are even possible to make for the following reasons:
- Most people are not senior executives and have no clue of what a senior executive does, what their work days are like or anything else about how they live, other than that outwardly senior execs and principals appear to live "the live of Riley."
- Senior executives and principals are not about to publicly discuss what their work days and lives are like, other than perhaps to talk about interesting places, interesting people/conversations, hobbies, vacations or their kids or some other "polite" topic that somehow intersects with their work lives.
For all the Clinton Foundation hoopla, people are forgetting (or don't know) one thing:
People don't set up 501(c) foundations, which is what the Clinton Foundation is, to collect/make money; they set them up to give it away!!!
Can the creator of a 501(c) earn something from the Foundation? Yes, they can if the foundation pays them a salary. They can if the foundation buys their founder's goods and services. The Clinton's don't have any goods, and their only service offerings are honoraria and government service. Do you really think the Clinton Foundation is going to engage the Clintons to give a speech to the Clinton Foundation?
There's plenty of sensationalism about the Clinton Foundation and the people who met with Mrs. Clinton.
- Meetings:
Out of curiosity, what the heck do you think a Secretary of State or any other senior executive mostly does? Well, I'll tell you: mostly, they go from one meeting to the next. In between "big" meetings, they read stuff to get prepared for the next meeting, they sign documents that lower level staff prepared as a consequence of prior meetings, they talk to folks on the phone to get details about a meeting that already took place or that will take place.- Money:
What money? Who gets rich saying, "Give money to this charity that does nothing for and buys nothing from me or my friends, and maybe I'll talk to you."?
In alleged the Clinton Foundation "pay to play" scheme, what personal financial gain did Hillary or Bill Clinton get?
Looking at the (as known) process of donations to the Clinton Foundation (CF) and meeting requests with HRC, the process would look as follows:
- 2010 Clinton Foundation Tax Return
- Page 7: Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
- No Clinton received compensation of any sort.
- 2012 Clinton Foundation Tax Return
- Page 7: Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
- Chelsea Clinton and Terry McAuliffe are both listed. How much did they receive? $0.00.
So, somebody please show me some tangible proof that Hillary Clinton personally benefitted from anything having to do with the Clinton Foundation's fundraising. In other words, just what did the Clintons receive in exchange for all these donations and meetings? The CF is not like Trump Organization, which is a business. It's a charity, just like the Shawn Carter Foundation.
- Donor gives "big money" to CF
- CF spends money on needy people and various good/service providers
- Was HRC one of those recipients of money? No.
- The donor clearly wasn't.
- Donor requests meeting with Hillary Clinton (HRC)
- Meeting does not occur --> End.
- Meeting occurs --> Go to #4.
- Donor and HRC meet.
- Donor ask for "something" from HRC/SecState, which by inference means U.S.
- Donor receives what was requested --> Go to #6
- Donor does not receive what was requested.--> Go to #6
- Increase in HRC personal fortune?
- Yes --> deposit is recorded and investigated
- No --> nothing happens
- End
Seeing as Mrs. Clinton wasn't paid anything by the CF, that's not where she'd have gotten a personal financial gain. The next place to look is to see what outcomes took place subsequent to the meeting. I looked into one such donor, the first one noted in the AP's article.
What does the AP article say? (I have time right now to address only the first person noted.)
Donors who were granted time with Clinton included:An internationally known economist who asked for her help as the Bangladesh government pressured him to resign from a nonprofit bank he ran.So, while it may massage one's feelings of disdain toward Mrs. Clinton for what her relationships looked like superficially, exercise just a little bit of intellectual integrity and at least look further than just what you see published in a newspaper article. Mrs. Clinton is quite like many senior execs in that she acts to do the right thing first and worries about optics later. That's hurting her right now given the acrimony over the CF. But if you read the content I've linked in this post, you'll find that at least one of the associations noted in the AP article the thread OP references is not one whereof there existed some untoward goings on.
- Bangladesh's GDP is $150B. Bill Gates and Warren Buffet could together buy and sell the whole damn country. I realize that to most Americans, the idea that a private individual can have meaningful enough influence in a country like Bangladesh is absurd. Well, it's not, not by a longshot. In countries that have only very wealthy and very poor citizens, the wealthy folks there, be they part of the government or not, have tremendous say in the governance of the place. If they have a role in government or an arm of it, they have even more.
The man who for some reason went unnamed in the AP's article is Muhammad Yunus. What help did he get from Mrs. Clinton? Apparently not enough...He was forced to step down from his position on the board at the Bangladeshi nonprofit organization involved.
What organization? Grameen Bank, which is a Nobel Peace Prize-winning microfinance organization and community development bank founded in Bangladesh. It makes small loans (known as microcredit or "grameencredit") to the impoverished without requiring collateral. The name Grameen is derived from the word gram which means "rural" or "village" in the Bengali Language.
Now what do "Mr. and Mrs. Typical American" know about Bangladesh or the Grameen Bank? I suspect nothing for I doubt that most Americans even know where Bangladesh is, much less the name of its domestic development bank (it's essentially their version of the Small Business Administration); however, there's quite a lot to know about the bank and its role in Bangladesh governance.
The first thing to know is that in countries as small and poor as Bangladesh, a single very wealthy (for that country) individual usually has a huge influence on the functioning and stability of the country. Here you'll find why Mr. Yunus and Mrs. Clinton had a U.S. government related reason to interact.
There's more to Mr. Yunus and the bank than just that, however. I'll leave it to you to peruse the following and lean a bit on your own.What is the value of the Grameen Bank? In addition to what you'll have found if you read the content at the links I provided, it, under Mr. Yunus, has pioneered a new approach to making the benefits of capitalism available to poor folks and has played a central role in bringing more wealth to the poorest people there.. Do you suppose there's a reason for Mrs. Clinton to want to understand?
More directly related to her role at State, are you aware of how ISIS preys on poor nations and inserts itself? Do you know where Bangladesh may fit in ISIS' designs? If ISIS were to have its way, Bangladesh could easily become a place where ISIS inserts itself. What about Myanmar right next door to Bangladesh?
In July 2013, Eric Braverman, a friend of Chelsea Clinton from when they both worked at McKinsey & Co., took over as CEO of the Clinton Foundation. He took home nearly $275,000 in salary, benefits and a housing allowance from the nonprofit for just five months’ work in 2013, tax filings show. Less than a year later, his salary increased to $395,000, according to a report in Politico.
Charity watchdog: Clinton Foundation a ‘slush fund’
Is that illegal, unethical or even unusual for the CEO of a foundation to earn such a salary?