This week, two new scandals have emerged about just how tangled and shady the Clinton finances became after Bill left office, while Hillary was still serving the country in her capacity as Secretary of State. Despite the many rules surrounding donations and expenditures for those in public office, the Clintons went the extra mile to obfuscate where their money was and who it was coming from.
Townhall delves into funding for various Clinton bank accounts, at the Foundation and in personal checking accounts via speaking fees for former President Bill Clinton. Townhall quotes the International Business Times on the various deals, which many have deemed a serious conflict of interest,
Under Clinton’s leadership, the State Department approved $165 billion worth of commercial arms sales to 20 nations whose governments have given money to the Clinton Foundation, according to an IBTimes analysis of State Department and foundation data. That figure — derived from the three full fiscal years of Clinton’s term as Secretary of State (from October 2010 to September 2012) — represented nearly double the value of American arms sales made to the those countries and approved by the State Department during the same period of President George W. Bush’s second term.
The Clinton-led State Department also authorized $151 billion of separate Pentagon-brokered deals for 16 of the countries that donated to the Clinton Foundation, resulting in a 143 percent increase in completed sales to those nations over the same time frame during the Bush administration. These extra sales were part of a broad increase in American military exports that accompanied Obama’s arrival in the White House.
American defense contractors also donated to the Clinton Foundation while Hillary Clinton was secretary of state and in some cases made personal payments to Bill Clinton for speaking engagements. Such firms and their subsidiaries were listed as contractors in $163 billion worth of Pentagon-negotiated deals that were authorized by the Clinton State Department between 2009 and 2012.
The State Department formally approved these arms sales even as many of the deals enhanced the military power of countries ruled by authoritarian regimes whose human rights abuses had been criticized by the department. Algeria, Saudi Arabia, Kuwait, the United Arab Emirates, Oman and Qatar all donated to the Clinton Foundation and also gained State Department clearance to buy caches of American-made weapons even as the department singled them out for a range of alleged ills, from corruption to restrictions on civil liberties to violent crackdowns against political opponents.
For any Democrats and liberals supposedly concerned about human rights violations around the world, these donations should lend to some serious soul-searching about support for another Clinton Presidency.
In order to hide the family’s finances from government employee disclosure requirements, the Clintons also established an LLC. Yahoo News explains the lengths the family went to in order to launder money (while not technically laundering, this is what it would be called if any other politician had done the same),
The newly released financial files on Bill and Hillary Rodham Clinton’s growing fortune omit a company with no apparent employees or assets that the former president has legally used to provide consulting and other services, but which demonstrates the complexity of the family’s finances.
Because the company, WJC, LLC, has no financial assets, Hillary Clinton’s campaign was not obligated to report its existence in her recent financial disclosure report, officials with Bill Clinton’s private office and the Clinton campaign said. They were responding to questions by The Associated Press, which reviewed corporate documents.
The officials, who spoke on condition of anonymity because they were not authorized to provide private details of the former president’s finances on the record, said the entity was a “pass-through” company designed to channel payments to the former president.
If these are the kind of murky waters the Clintons waded into while Hillary was just Secretary of State, imagine how far their greed for money and power will bring them into the dark side as the Democratic nominee or President. These stories should certainly deter Democrats from nominating her as their candidate for President. If they don’t, they might be facing another impeachment scandal in the first years of a new Clinton Presidency for other ethical violations.
Comment below: Do you think these scandals will stop the Hillary campaign in its tracks?