...and Bill.
Posted on 05/26/2015 7:01:00 PM PDT by SeekAndFind
This story had to wait for a slow news day because “Clintons hide information from public about possible conflicts of interest” barely qualifies as “news” anymore.
Unlike Hillary’s deleted e-mails and the Clinton Foundation’s “mistakes” and memory lapses about its donors, though, this appears to be kinda sorta above board.
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…
Under federal disclosure rules for spouses’ earned income, Hillary Clinton was only obligated to identify the source of her spouse’s income and confirm that he received more than $1,000. As a result, the precise amounts of Bill Clinton’s earned income from consulting have not been disclosed, and it’s not known how much was routed through WJC, LLC…
The purpose of Bill Clinton’s U.S.-based company was not disclosed in any of the corporate filings in Delaware and New York, but State Department files recently reviewed by the AP show that WJC, LLC surfaced in emails from Bill Clinton’s aides to the department’s ethics officials.
Did they use the LLC for tax advantages or as a passthrough for payments from people and/or companies whom the Clintons would rather not be connected to publicly? Does Hillary have an LLC of her own (“HRC, LLC” or, better yet, “POTUS, LLC”)? I figured they already had all the slush-fund money they needed from the Clinton Foundation, but now here’s a rich new vein of secret income for the media to investigate. I think it’d be a bold show of leadership on the part of Hillary, who’s very deeply concerned indeed about the influence of money in politics, to start making comprehensive disclosures about her family’s income sources in order to shame the Republicans into following suit. Let’s see who WJC, LLC has been doing business with, in the spirit of transparency and accountability that the Clintons would themselves impose on (lesser members of) America’s political class.
Speaking of money from dubious sources, if you missed it elsewhere today, enjoy this early look at Hillary 2016 campaign merchandise. The pantsuit t-shirt and crocheted pillow are the two buzziest items, for good reason — they both reduce Hillary in different ways to her gender, the strongest argument for electing someone whose record is as mediocre as hers. She’s going to run a celebrity/identity politics campaign like Obama did, but Obama had enormous personal charisma to his admirers. His potential to be the first black president was part of his personal appeal, but only part of it; he had charm to burn too, which is why the more overt attempts to racialize the campaign in 2008 were usually farmed out to his surrogates. Hillary doesn’t have that same charm so she’s going to make the “first woman president” pitch more directly. That’s what the script calls for and they’re sticking to it.
I think Obama’s is called “POS, LLC.”
The Racketeer Influenced and Corrupt Organizations Act, commonly referred to as the RICO Act or simply RICO, is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization.
NO chance the justice Dept. will do ANYTHING about the Clintoon’s.. OR Obama....
A big challenge for former office-holders is laundering your money into daylight.
Usually nobody looks too closely at any ex-politician’s finances; its a gentleman’s agreement to let one another go into quiet retirement. I’m surprised to see anyone violating the normal protocol; someone is signaling like crazy for Hill to bow out of the race.
Agreed. However we're talking about Hillary here. She'd burn down the planet before she dropped out. That's what none of her idiot followers realize about her - she thinks they're entirely expendable scumbags (which, of course, they are).
So whomever is behind this admittedly fairly impressive pressuring campaign needs to step up their game, because all it's made Hillary do is line up those to be sacrificed for her "greater good."
Bill and Hillary Clinton are like tornados. Everywhere they go, everyone they come in contact with, they leave broken and destroyed lives in their wake.
When do people go to jail?
Jeff Skilling looks like an angel in comparison to these mega-frauds. He’s still in prison, they did not even let him out to attend his son’s funeral.
be back
Penalty for Money Laundering:
Fine of twice the value of moneys involved! Good Luck Hillary!!
An even bigger one is doing it in broad daylight!
What the Clintons have been up to is no secret, although some of the details still are.
RE: Penalty for Money Laundering
Be elected President of the United States of America /sarc
RE: When do people go to jail?
That’s only for little people.
Otherwise folks like Lois Lerner, Eric Holder and yes, Bill and Hillary would already be in jail.
https://www.law.cornell.edu/uscode/text/18/1956
U.S. Code › Title 18 › Part I › Chapter 95 › § 1956
(a)
(1)Whoever, knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity, conducts or attempts to conduct such a financial transaction which in fact involves the proceeds of specified unlawful activity—
(A)
(i)with the intent to promote the carrying on of specified unlawful activity; or
(ii)with intent to engage in conduct constituting a violation of section 7201 or 7206 of the Internal Revenue Code of 1986; or
(B)knowing that the transaction is designed in whole or in part—
(i)to conceal or disguise the nature, the location, the source, the ownership, or the control of the proceeds of specified unlawful activity; or
(ii)to avoid a transaction reporting requirement under State or Federal law,
shall be sentenced to a fine of not more than $500,000 or twice the value of the property involved in the transaction, whichever is greater, or imprisonment for not more than twenty years, or both.
Or perhaps "we the people" should identify the true crime, Treason. Our Constitution is pretty clear on that penalty, eh?
Good reference. So how is the Clinton operation different from ENRON?
(Snix) Has to be those licensed CPAs who work on the Clintons' maze of financial affairs....they simply made a "clerical error" b/c several years of falsified Clinton Foundation filings are being restated as we type. ROTFLOL.
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REALITY CHECK---LOTSA VERSIMILITUDE W/ ENRON---Billion dollar Enron "said" accounting and tax mistakes were made---then, oops, its legendary accounting firm simply collapsed. Enron's CEO was charged criminally but died before being jailed.
Enron's CFO went to jail b/c he had established numerous shady entities
offshore. The CFO's wife was also jailed..... for signing falsified tax returns.
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AND LOOK HERE When he finally went to jail, investigators found Ponzi king, Bernie Madoff, had stashed billions offshore---into a labyrinth of financial entities. Some $8.9 billion was funneled to Madoff through a dozen so-called funds based in Europe, the Caribbean and Central America......a labyrinth of hedge funds, management companies and service providers that was structured to look like perfectly legal.
Although he was jailed for running a Ponzi scheme for 25 years..... Madoff's usefulness was helping billionaire tax-exempt foundations launder money and evade taxes.....the IRS accepts "losing money" as a tax write-off.
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Clinton's MO is to travel the globe....his secret accounts, business interests, and other evidence of his money laundering, are everywhere.
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Ut, Oh. Here's yet another Foundation "clerical error." Several state and federal agencies the Clintons listed as donors told news outlets they did not contribute to the Clinton Foundation.
<><> EPA said there's no record of donations to the Clinton Foundation.
<><> The “Office of Minority Health and Human Services,” is listed but it's not clear what this donation referred to, or even which federal or state office it came from.
<><> The Arkansas Dept of Human Services received a donor "gift receipt" but said they never expended tax dollars to the Foundation.
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Can all the listed Foundation donors who took a tax write-off come up w/ "gift receipt."
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