Cronyism at its finest

[Stretch]

All that money laundering, hob-nobbing with wealthy corporate elites and mega$$$ dinner fundraisers have yielded immense wealth in just a few years for the Clintons with the Clinton Foundation, Clinton Family Foundation, Clinton Global Initiative, Bill Clinton LLC, etc. Lots of favors and influence being exchanged with multi-billion dollar corporations and Wall Street, not to mention foreign countries and governments. This makes Watergate look like somebody stole a paper clip!

*******************************************************************************************

James V. Grimaldi and Anupreeta Das report in the Wall Street Journal that a "hacked email memo published by WikiLeaks details lucrative arrangements made for Bill Clinton" by two top Clinton Foundation fundraisers who "pressed corporate donors to steer business opportunities" to the former president.

Wall Street Journal: Clinton Foundation’s Fundraisers Pressed Donors to Steer Business to Bill Clinton

From the Wall Street Journal:

Two chief fundraisers for the Clinton Foundation pressed corporate donors to steer business opportunities to former President Bill Clinton as well, according to a hacked memo published Wednesday by WikiLeaks.

The November 2011 memo from Douglas Band, at the time a top aide to Mr. Clinton, outlines extensive fundraising efforts that Mr. Band and a partner deployed on behalf of the Clinton Foundation and how that work sometimes translated into large speaking fees and other paid work for Mr. Clinton.

The memo, part of a cache of emails stolen from Democratic presidential nominee Hillary Clinton’s campaign manager, resurfaces an issue that she has had a hard time shaking: questions over the relationship between the Clintons’ charity work and their personal business.

Mr. Band and an associate introduced top corporate executives to the former president, on the golf course and elsewhere, and then asked them to contribute money to the Clinton Foundation or attend the Clinton Global Initiative, an annual foundation event.

Mr. Band wrote the memo to lawyers at Simpson Thacher & Bartlett LLP who were reviewing the Clinton Foundation’s activities and links to Mr. Band. The Clintons’ daughter, Chelsea, had sought the review because she worried that Mr. Band was “hustling business” for his consulting firm, Teneo Holdings, at the Clinton Global Initiative, according to a 2011 email by Ms. Clinton.

In the memo, Mr. Band explained how he helped the foundation and former president, and found donors among his own firm’s clients. Mr. Band responded to the review by writing: “We appreciate the unorthodox nature of our roles, and the goal of seeking ways to ensure we are implementing best practices to protect the 501(c)3 status of the Foundation.”

Read the rest here http://www.wsj.com/articles/clinton...steer-business-to-former-president-1477527597

 

[evince]

you hate capitalism idiot

 

[Stretch]

LOL......So, capitalism = corruption? They never created a job and employment, etc. They just financially raped people. LOL!!!!

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from SiriusXM 125 interview:

Democratic pollster and analyst Pat Caddell, in speaking of a potential Hillary Clinton presidency:

"We’re talking about institutionalizing corruption in a way that is like a third-world Banana Republic if she’s elected. And that is not being presented to the American people, who are quite concerned about corruption."

Caddell was pointing out the degree to which the media have mostly ignored the details behind the questionable financial practices involving the Clintons, instead focusing far more on negative coverage of Donald Trump.

"Hillary Clinton] seems indifferent to the systemic corruption that makes it impossible for government to act for the middle class or address big problems, like climate or health care. She may be immune to pay-to-play, but the systemic isn’t. She’s got to distinguish between self and country — and needs to."

 

[evince]

fucking lies




how many people work for their charity asshole




they have been convicted of nothing asshole liar

 

[cawacko]

To hate cronyism is to hate capitalism Desh?

 

[Stretch]

fucking lies
well, there's an admission of worth...Dem pollsters lie??? LOL




how many people work for their charity asshole

a handful, many family and a few lawyers and State Dept. doing double duty




they have been convicted of nothing asshole liar

it's still early

 

[MAGA MAN]

Funny how libs embrace big GovCo fueled by crony capitalists. Why do they hate freedom so?

 

[evince]

you are the corporate whore party idiots

 

[tinfoil]

you are the corporate whore party idiots

You literally have zero argument so you resort to your standard third grader insults that amount to "NO! You are!"

I guess Pat is a rightwinger now, huh?

 

[Teflon Don]

you hate capitalism idiot

So Clinton getting $500,000 for a speech is nothing more than "capitalism" to you? really?

 

[christiefan915]

Hilarious these wackos complain about Clinton's fee for speeches, given Trump's fee.

How much would you pay to see your favorite celebrity, politician or business leader speak? For some businesses and organizations, the answer is a lot more than you’d expect. Here, we’ve pulled together some of the biggest payouts ever made for keynote speakers, though it has to be said that it may not be a definitive list as some speakers don’t disclose their fees openly. You may be surprised to learn what some of the big names earn for a few hours of work as you work your way through this list. You might even be compelled to change your own college major to public speaking.

1. Donald Trump, $1-1.5 million: In 2006 and 2007, The Learning Annex shelled out a hefty fee to have Donald Trump at their Real Estate Wealth Expos, paying him a whopping $1.5 million per speech for a 17-seminar conference. Trump only had to speak for an hour at each one, but audience members say he gave them their money’s worth by staying to answer audience questions. This was after Trump had already raked in one million per speech speaking at the same seminars in 2005. The company felt Trump was well worth the money, however, as few others have the celebrity and business savvy he does.

http://www.onlineuniversities.com/blog/2010/04/10-highest-paid-public-speakers-in-the-world/

 

[cawacko]

Hilarious these wackos complain about Clinton's fee for speeches, given Trump's fee.

How much would you pay to see your favorite celebrity, politician or business leader speak? For some businesses and organizations, the answer is a lot more than you’d expect. Here, we’ve pulled together some of the biggest payouts ever made for keynote speakers, though it has to be said that it may not be a definitive list as some speakers don’t disclose their fees openly. You may be surprised to learn what some of the big names earn for a few hours of work as you work your way through this list. You might even be compelled to change your own college major to public speaking.

1. Donald Trump, $1-1.5 million: In 2006 and 2007, The Learning Annex shelled out a hefty fee to have Donald Trump at their Real Estate Wealth Expos, paying him a whopping $1.5 million per speech for a 17-seminar conference. Trump only had to speak for an hour at each one, but audience members say he gave them their money’s worth by staying to answer audience questions. This was after Trump had already raked in one million per speech speaking at the same seminars in 2005. The company felt Trump was well worth the money, however, as few others have the celebrity and business savvy he does.

http://www.onlineuniversities.com/blog/2010/04/10-highest-paid-public-speakers-in-the-world/

Isnt it wacko to compare these two? What political favors was Trump receiving for this speaking? This is when derangement syndrome sets in.

 

[christiefan915]

Isnt it wacko to compare these two? What political favors was Trump receiving for this speaking? This is when derangement syndrome sets in.

Were the Clintons private citizens just like Trump when they gave those speeches?

 

[cawacko]

Were the Clintons private citizens just like Trump when they gave those speeches?

The discussion is crony capitalism and why these countries were donating to the Clinton Foundation. You can argue whether you think it's crony capitalism or not. What is the argument for what Trump did being crony capitalism?

 

[Stretch]

http://nypost.com/2016/10/28/clinton-donor-got-state-department-invite-and-bill-got-17m/

Clinton donor got State Department invite — and Bill got $17M
NYP by Bob Fredericks October, 28, 2016

The head of a for-profit university that donated up to $5 million to the Clinton Foundation was rewarded with an invite to a high-profile State Department dinner at the request of then-Secretary of State Hillary Clinton.

Doug Becker, CEO of Laureate International University, got his senior VP, Joseph Duffey, into the meeting of world-class academics at the August 2009 dinner because Becker was someone “who Bill likes a lot” and his school was “the fastest growing college network in the world,” Clinton wrote in an email to her chief of staff revealed on WikiLeaks.

“It’s a for-profit model that should be represented.”

Roughly nine months later, the university signed Bubba to a sweet deal as an “honorary chancellor,” paying him $17.6 million over five years until the contract ended in 2015 as his wife launched her presidential run.

Analysts said Duffey’s presence at the dinner likely opened doors to the school that otherwise might have remained closed.

“A lot of these private-education guys, they’re looking to get into events like this one,” Sam Pitroda, a higher education expert who was at the dinner, told the Washington Post.

“The discussion itself is irrelevant. It gets you very high-level contacts, and it gets you to the right people.”

Bill Clinton made high-profile appearances at some of the university’s 70 campuses in 25 countries, adding some presidential luster to the operation. Becker himself acknowledged the value of the Clinton relationship during a 2010 appearance at a Laureate campus in Malaysia.

“People know that somebody like President Clinton, the most important thing to him is his reputation,” Becker said.

David Bloomfield, an education professor at Brooklyn College and the CUNY grad center, said such for-profit schools often leave students buried in debt.

“For-profit universities have been rife with corruption, using federal student-loan money to fund their operations and often leaving students high and dry,” Bloomfield told The Post.

“A lot of the student debt we read about is students who enrolled and didn’t complete their degrees and found them worthless in the job market.”

At Laureate’s Walden University in Minneapolis, just 44 percent of grads are making payments on their loans compared with 67 percent nationwide. The school is under investigation by Minnesota education officials.

The graduation rate at Laureate’s New School of Architecture and Design in San Diego is a paltry 33 percent, and the average student graduates with $43,417 in government loans.

Hillary Clinton also has bad-mouthed for-profits — even though Becker donated thousands to her presidential campaigns.

“[Students] find little support once they actually enroll, or they graduate and discover that, when it comes to finding a job, their degree isn’t worth what they thought,” she said last year.

Laureate Education, the Baltimore-based company that operates the schools, has $4.7 billion in debt, according to a filing for an IPO, which has been delayed.

And a report by the Senate Education Committee in 2012 found that Laureate devoted more of its revenues to marketing and profit, 54 percent, than the industry average of 42 percent, the Wall Street Journal reported (paywall).

The Obama administration’s College Scorecard shows that Laureate’s five US campuses have graduation rates comparable to those of ITT, a for-profit technical school that recently closed down its 140 schools after filing for bankruptcy.