Posted on 05/09/2017 8:26:09 AM PDT by Responsibility2nd
Barack Obama’s presidential foundation is barely two years old, but he is taking it down the same controversial — and by some accounts illegal — post-presidency path of his predecessor Bill Clinton, according to documents reviewed by The Daily Caller News Foundation’s Investigative Group.
Federal law requires tax-exempt entities like the Barack Obama Foundation and the Bill, Hillary and Chelsea Clinton Foundation to stick closely to their IRS-approved missions. For former chief executives, that mission has been building and operating libraries to house their official papers for posterity.
In a relatively unnoticed series of steps during the first six-years of its existence, the Clintons converted their foundation from focusing solely on the presidential library in Little Rock, Ark., to a $2 billion globe-trotting political influence-peddling machine. (RELATED: Clinton Foundation Deceived IRS On Tax Exemption From The Start)
(Excerpt) Read more at dailycaller.com ...
Does anyone think Obama will do any different?
The Clinton Foundation received large contributions because Hillary Clinton was Secretary of State, and presumably the future president. It was obvious influence-peddling.
Why would the Obama Foundation receive large contributions?
Tried and true if you are a Progressive Liberal Democrat Socialist Commie you can get away with it.
In fact such can get away with with anything up to and including Cold Blooded Premeditated Murder.
I don’t. 0bama is not prosecutable. On the way to “dubious” is several hundreds of millions in booty.
Why would the Obama Foundation receive large contributions?
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To continue their grifting billionaire type lifestyles that they so disgustingly used and flaunted in the eight years they occupied the White Hut.
Barry is still young. Mooch even younger. It’s safe to assume they are not through screwing over others to achieve their agenda.
$400,000 for a freaking speech was just the start.
Money for Presidential Foundations should only be used to preserve pictures,documents, gifts, letters, etc. pertaining to their time in office.
Congress should get a handle on this. They are turning into shadow governments.
Obama gave Mrs O $100 million tax dollars from the State Dept's Millennium Challenge Corporation (chaired by Hillary) on her recent visit to Morocco, earmarked to "teach Muslim girls."
AND GET THIS---The 100 million tax dollars to teach Muslim girls are to be held by, and doled out by, the post-presidency tax-exempt Obama Foundation.
LOOK AT THAT SMILE Michele, her daughters and her mother in
Morocco's palace. 100 million dollars to spend as she pleases......no accountability required.
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CONTACT CONGRESS HERE: http://www.contactingthecongress.org/
TALKING POINTS----No tax dollars to teach Muslim girls in Morocco. Stop this ridiculous appropriation.
FOUNDATION ONE---OBAMAS SISTER IS A BOARD MEMBER
OF OBAMAs BILLION DOLLAR CHICAGO LIBRARY SCHEME
Maya Soetoro-Ng is his sister and a specialist for the Matsunaga Institute for Peace. She is the cofounder of Our Public School, a non-profit that connects schools to their communities, and the co-creator of a peace education program implemented in schools and communities around Hawaii.
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FOUNDATION TWO---HIS KENYAN HALF-BROTHER HEADS THE MUSLIM FOUNDATION--named for their Muslim father. Obama Foundation Two was fast-tracked for tax exemption by Lois Lerner.
Kenya-resident, Malik Obama in Muslim dress, holds up
photo of his half brother Obama in Muslim dress (left),
taken during Obama's earlier visit.
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US TAXPAYERS PAY NOW---Obama collects later.
Obama's federal outlays (that we know of).:
<><> $150 billion to Muslim Iran in the nuclear deal,
<><> $2 billion funding to Malik's organization---the Muslim Brotherhood,
<><> $50 million to Malik/Barack's tax-exempt foundation in the form of a grant to Kenya.
<><> While the Muslim Brotherhood was in charge in Egypt, Obama (and Hillary) showered them w/ praise.....and billions of US dollars in aid, arms, tanks and planes.
<><> Obama gave $90 million US tax dollars to wealthy oil-rich Muslim African Muslim countries.
<><> the billions missing from the Obamacare PR scam.
<><> the billions missing from the State Dept under Hillary.
AND THIS---Obama Gave Himself A MASSIVE Pay Raise
FOREVER!
The Political Insider | 3-18-16 | Charles Kosar / FR Posted by afraidfortherepublic
The Congressional Research Service reports that for requests for both 2016 and 2017 fiscal years, Obama's proposed federal budget would expand funding through the Former Presidents Act. In 2017 alone, Obama wants nearly an 18% hike in expenditures $588,000. That means $3.865,000 in appropriations will be available to spend on former Presidents! The 2016 proposed budget includes an additional $25,000 increase.
The Former Presidents Act, enacted in 1958, provides living former presidents with a pension, office staff and support, funds for travel, Secret Service protection, and mailing privileges. It also provides benefits for presidential spouses. Currently, former presidents are awarded a pension equal to the salary of cabinet secretaries, which totaled $203,700 for the 2015 calendar year and was boosted by $2,000 for the current calendar year.
Critics of the act argue that it financially supports former presidents who are not struggling. Many of them, alternatively, have gone on to profit from writing books about their time in the White House or delivering paid speaking engagements.
Former President Bill Clinton, for example, earned $132 million for delivering paid speeches between February 2001 and March 2015, according to an analysis from CNN. Clinton received $924,000 in taxpayer dollars last year by way of the Former Presidents Act.
Republicans in the House and Senate have introduced legislation that would cap annual pensions for former presidents at $200,000. Additionally, the bills would cut each pension by a dollar for every dollar the former president earns over $400,000 in the private sector in a given year. The measure was approved by the House in January with bipartisan support.
"It's pretty simple. You want a retirement and pension, it's there. But if you're going to go out and make enormous sums of money, then you don't need taxpayer subsidies," Rep. Jason Chaffetz (R., Utah), who introduced the bill in the House, told ABC News in an interview. "The former presidents are making gobs of money speaking and writing books, more power to them, but that doesnt mean they need more taxpayer dollars on top of that," Chaffetz added. "It's embarrassing that they take that money."
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CONTACT CONGRESS HERE: http://www.contactingthecongress.org/
Demand Congress vote no more money for ex-presidents.
I’m shocked! Shocked I tell you!
An aside, Billy Jeff is co-authoring a book with James Patterson. A mystery or murder-mystery.
HAH.
Obama invites donors to the White House
Chicago Sun-Times ^ | 5/19/16 | Lynn Sweet / FR posted by Nachum
WASHINGTON A new study details how President Barack Obama has been inviting his Obama Foundation donors to events at the White House, a venue that obviously wont be available to him to entertain mega contributors in a few months. The Obama Foundation, created on Jan. 31, 2014, has to date only 39 contributors, with the money coming either from individuals or foundations controlled by Obama supporters.
The nonprofit, nonpartisan oversight Maplight Foundation found that 15 of the 39 have been to the White House for small meetings or events, fewer than 30 attendees, including everyone connected to a contribution of more than $100,000.
Most of the donors have been longtime political supporters and friends or at least acquaintances of Obama and have been in and out of the White House for years.
However, Maplight found that at an intimate White House dinner in January 2015 with actress Julia Roberts, the guests included two couples who had recently made jumbo contributions to the Chicago-based foundation.
And as 2015 progressed, one of the couples at the dinner kicked in even more, the foundation IRS report released last Friday reveals.
Among those at the January 2015 dinner were Mark Gallogly, the managing partner of Centerbridge Partners, an investment firm, and his wife, Lise Strickler. At that point, the New York couple had donated $340,000 to the foundation.
By the end of 2015, they put in an additional $330,000 for a total of $670,000. I checked to see what else was new: Gallogly and Strickler were invited to the State Dinner the Obamas hosted in March for Canadian Prime Minister Justin Trudeau.
In 2014, Tom Campion, owner of the Zumiez clothing chain and his wife, Sonya, gave the foundation $500,000. The Seattle couple found themselves at the Julia Roberts dinner along with folks who have also been longtime Obama backers. Another guest that evening was one of Obamas favorite authors, Marilynne Summers Robinson.
The White House has said and underscored this again on Wednesday at the daily briefing when asked about the Maplight report that the Obamas are not fundraising for the foundation while in office. Well, no one is selling tickets to anything, thats accurate. Thats not how fundraising at the mega level is done.
Obama will have to raise hundreds of millions of dollars to construct and endow his Obama Presidential Center on Chicagos South Side. Fundraising at the elite donor level is an art, a nuanced dance, especially for an institution that will exist in perpetuity.
Small dinners are not put on Obamas daily guidance and schedule. On April 2, 2016, the White House volunteered that Obama and first lady Michelle hosted their first White House event for supporters of the Obama Foundation. That dinner was not a fundraiser, the White House said.
White House Press Secretary Josh Earnest said: What we have said about donors to the campaign also applies to donors at the foundation, and its simply this: Donating in support of the Presidents foundation does not guarantee you a meeting with the President of the United States. It also doesnt prevent you from getting a meeting with the President of the United States, and thats the approach that weve taken, again, with regard to supporters of the Presidents campaign, and its the approach that weve taken with regard to supporters of the Presidents foundation.
A lot of this is prospecting for the future.....M/M have Big plans to get-rich-quick ala the Clintons.
http://chicago.suntimes.com/news/sweet-inside-look-obama-foundation-fundraising/
Muslim girls are not allowed to go to school so will the Obama’s get to keep the money ?
Barry doesn’t need billions, a few hundred million will set him up nicely. Unlike Hillary, Barry has no future political goals in mind, he’s done. Just the appearance of it to rake in the $£¥.
Apparently their more larcenous sides begin to appear shortly after they are elected.
They find they have struck oil with the U.S. Treasury at their beck and call...and the power to deceive...My word, what power. (ethics for elected)...presidential library's should be just that and much smaller...those libraries do not serve even 1/4 of our citizens.
Great...just GREAT. The nation needs yet another criminal foundation run by un-indicted criminals. Great!
0bama’s no dummy.
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