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Clintons Shutter Global Initiative as Donations Dry Up
The New American ^ | 16 January 2017 | Bob Adelmann

Posted on 01/16/2017 10:34:23 AM PST by VitacoreVision

The Clinton Global Initiative (CGI) filed a WARN — Worker Adjustment and Retraining Notification — with New York State’s Department of Labor on Thursday, announcing that, effective April 15, 2017, it would be closing its doors and laying off 22 employees. The CGI's stated reason: “Discontinuation of the Clinton Global Initiative.”

Following the election, foreign governments that had been regular donors began cutting their contributions to the Clinton Foundation, some severely. For example, news.com.au noted that the Australian government “has not renewed any of its partnerships with the scandal-plagued Clinton Foundation, effectively ending 10 years of taxpayer-funded contributions worth more than $88 million.” The government of Norway, which had been contributing as much as $20 million a year to the foundation, cut its contribution by nearly 90 percent.

As noted by the New York Observer, these cuts indicate that “the organization’s clout was predicated on donor access to the Clintons, rather than its philanthropic work.”

Suggestions that the CGI, which called itself a "networking" adjunct to the Clinton Foundation, was primarily an influence-peddling scheme to enrich the Clintons in exchange for “access” arose in October. That's when the anti-secrecy group WikiLeaks published e-mails from Doug Band, a co-founder of CGI, indicating how the “pay for access” scheme worked. The Washington Post, a supporter of the Clinton candidacy for president, laid bare the details:

"The memo, made public Wednesday [October 26] by the anti-secrecy group WikiLeaks, lays out the aggressive strategy behind lining up consulting contracts and paid speaking engagements for Bill Clinton that added tens of millions of dollars to the family’s fortune, including during the years that Hillary Clinton led the State Department. It describes how Band help run what he called 'Bill Clinton, Inc.', obtaining 'in-kind services for the President and his family — for personal travel, hospitality, vacations and the like.'"

The closing of CGI confirmed Peter Schweizer’s conclusions in his book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich, that there are "serious and alarming questions of judgment, of possible indebtedness to an array of foreign interests, and ultimately, of [Hillary’s] fitness for high public office."

As Forbes noted in its review of the book, “The timing of policy decisions or international deals relative to donations, transcends coincidence” while Harvard Law School professor Lawrence Lessig observed, “On any fair reading, the pattern of behavior that Schweizer has charged is corruption.”

As Schweizer reveals, the pattern is predictable and repeated frequently: "Introductions are made. A deal is struck — usually to exploit natural resources such as uranium, oil, or timber, on a large and highly profitable scale. Soon after that, enormous contributions are made to the Clinton Foundation from those who benefited from the deal, while Bill is commissioned to deliver a series of highly-paid speeches. Moreover, some of these deals require approval or review by the U.S. government [which] fall within the purview of a powerful senator [Hillary] or secretary of state [Hillary]."

Schweizer revealed how Hillary was involved in facilitating the transfer of nearly 50 percent of U.S. uranium output to Russia, benefiting large donors to her foundation. He revealed how Bill was paid enormous sums for speeches given to foreign governments and businesses which just happened to have matters pending before the State Department while Hillary was secretary. He exposed how a visit by the Clintons to Colombia was followed by the grant of lucrative logging rights to a Canadian billionaire who also happened to be a Clinton Foundation donor.

But the river of financial largesse in exchange for access has dried up. After all, when there’s no influence to peddle, what other reason would there be to contribute?


TOPICS: Breaking News; Crime/Corruption; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: braking; cgi; clinton; clintoncash; clintoncrimefamily; clintonfoundation; clintonlosesagain; dougband; fundingtheleft; globalinitiative; hillary2016; paytoplay; slushfund; trump; trumpwinsagain; x42
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To: VitacoreVision
"Just when I thought I was out, they pull me back in .... HA HA" Nelson Muntz photo: Nelson Muntz nelson.jpg
21 posted on 01/16/2017 11:01:34 AM PST by tumblindice (America's founding fathers, all armed conservatives)
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To: VitacoreVision

No more Play? Then no more pay!


22 posted on 01/16/2017 11:02:06 AM PST by Darteaus94025 (Can't have a Liberal without a Lie)
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To: VitacoreVision
Bear in mind this is just the CGI, not the Foundation. CGI put on a week long extravaganza each year where Bills buds could live it up with bigwigs from around the country and announce how great they all were.

They are apparently still trying to make the Foundation a go.

23 posted on 01/16/2017 11:02:07 AM PST by colorado tanker
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To: freedumb2003; Lurkinanloomin
"It's an influence peddling and money laundering scheme all rolled into one."


24 posted on 01/16/2017 11:04:08 AM PST by UCANSEE2 (Lost my tagline on Flight MH370. Sorry for the inconvenience.)
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To: VitacoreVision

These developments prove that for purposes of going forward with prosecutions “quid pro quo” was the sole purpose of this enterprise. Any “charitable” function was merely window dressing to create the illusion of charity.


25 posted on 01/16/2017 11:05:16 AM PST by vigilence (Vigilence)
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To: VitacoreVision

Winning!


26 posted on 01/16/2017 11:06:03 AM PST by rdl6989
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To: VitacoreVision

Karma sure is a witch ; )


27 posted on 01/16/2017 11:10:52 AM PST by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!!!!!!)
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To: bigbob

That picture says it all........ outrageous


28 posted on 01/16/2017 11:11:01 AM PST by volunbeer (Clinton Cash = Proof of Corruption)
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To: UCANSEE2

Don’t forget their important work providing children for sex to the rich and well-connected.


29 posted on 01/16/2017 11:11:04 AM PST by generally ( Don't be stupid. We have politicians for that.)
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To: Lurkinanloomin

<< “ It was never a charity.” >>

Case closed.

This “shuttering” proves it.

Otherwise, why shut down stoves for African mothers? Why shut down simple housing for rebuilding Haiti? These things are not even that expensive for caring internationalists, like Saudia Arabia, Australia, Germany, Dubai, etc.

A drop in the money bucket. As you said...

<< “IT WAS NEVER A CHARITY.”

It’s now a laugh. Pathetic.


30 posted on 01/16/2017 11:12:38 AM PST by RitaOK (Viva Christo Rey! Public Educationdemia is the farm team for more Marxists coming.... infinitum.)
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To: VitacoreVision

They are destroying evidence.


31 posted on 01/16/2017 11:13:21 AM PST by Ray76 (DRAIN THE SWAMP)
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To: Red Badger
Gee, I wonder why the funds are ‘drying up’?........I mean, with all the GOOD stuff the CGI is doing around the world and everything...

The media would only ask that question if it were a Republican money-laundering scheme charitable organization.

32 posted on 01/16/2017 11:21:36 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
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To: VitacoreVision
"...there are "serious and alarming questions of judgment, of possible indebtedness to an array of foreign interests..."

The Clintons can close down their foundation, but that's not going to do a thing to satisfy the dictators, despots, and other black hats who've already paid millions of dollars for access which they'll never get.

Bill and Hill had better start writing some large checks to those people if they want to stay healthy.

33 posted on 01/16/2017 11:25:05 AM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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To: VitacoreVision

Behold the Fall of the House of Clinton.


34 posted on 01/16/2017 11:28:04 AM PST by windsorknot
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To: VitacoreVision

GCI isnt the only slush fund the clintons have. They have at least five others around the world under different names.


35 posted on 01/16/2017 11:29:48 AM PST by ColdOne (( I miss my poochie... Tasha 2000~3/14/11~ Trump should get a Russian Wolfhound for first pet in WH.)
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To: VitacoreVision

It was never about charity. It was always about pay for play.


36 posted on 01/16/2017 11:32:45 AM PST by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small pittance)
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To: tennmountainman

I’m sure the grifters have found another way to get $$$$


37 posted on 01/16/2017 11:42:09 AM PST by notaliberal (St. Michael the Archangel, defend us in battle,)
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To: VitacoreVision

WHY would the govt. of NORWAY give ANY money?? Don’t they have their OWN “charities”?


38 posted on 01/16/2017 11:46:49 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: notaliberal

They have at least 2 BILLION DOLLARS!!!


39 posted on 01/16/2017 11:48:37 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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I’ve been adamant that Obama would never pardon Hillary or Bill, but this step allows the Clintons to steal all the remaining money, thus finalizing the crime, which then allows Obozo to pardon them. They can then laugh and say “Full and Complete Pardon for All Crimes to Date” as people point out their fake charity, bribery, treason, rapes and murders.


40 posted on 01/16/2017 11:49:12 AM PST by Henchster (Free Republic - the BEST site on the web!)
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