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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: freedumb2003

The influence peddling could be done without the foundation but the foundation was necessary to launder the money, giving a fake cover story of philanthropy and a way to pretend that it did not go directly to the Clinton family.


41 posted on 01/16/2017 11:55:51 AM PST by RipSawyer (At the end of the day...the sun goes down.)
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To: VitacoreVision

42 posted on 01/16/2017 12:03:15 PM PST by eaglestar
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To: Ray76
They are destroying evidence.

I think this means that the evidence has already been destroyed. Let's see who leaves the country.

43 posted on 01/16/2017 12:03:40 PM PST by Vince Ferrer
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To: VitacoreVision

So now how are they going to pay back the ‘donors’ who bought influence from the Clintons fair and square, but now the Clintons can’t deliver their end of the bargain?

If they could have somehow kept the Foundation going, they could have used new donations to pay back disgruntled old ‘donors’ in a ponzi scheme.

Many of these ‘donors’ are unsavory types - how much will it cost us in extra Secret Service activity to protect the Clintons from their donors?

Maybe the Clintons will have to get a real job to try to pay back the disgruntled donors. But do they know how to do anything in the real world?


44 posted on 01/16/2017 12:03:51 PM PST by Meet the New Boss
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To: VitacoreVision

Also see:

http://www.freerepublic.com/focus/f-news/3514181/posts

http://www.freerepublic.com/focus/f-news/3514148/posts

http://www.freerepublic.com/focus/f-news/3514127/posts

http://www.freerepublic.com/focus/f-news/3513991/posts


45 posted on 01/16/2017 12:07:49 PM PST by upchuck (... I'm beyond elated to bid him a permanent farewell. ~ Peter Heck -- peterheck.com)
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To: VitacoreVision

46 posted on 01/16/2017 12:13:34 PM PST by seawolf101 (Member LES DEPLORABLES)
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To: VitacoreVision

When is politician truly depressed?

When they can no longer sell their position and country out for insane personal profit.

Go ahead Hillary, there’s nothing for you except what you’ve already stolen.


47 posted on 01/16/2017 12:30:35 PM PST by Scott from the Left Coast ("Now it's up to the American people to deliver justice")
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To: VitacoreVision

Didnt I read here on FR late last year they transferred 1.8 billion to the bank in an Arab country?


48 posted on 01/16/2017 12:30:55 PM PST by Paperpusher
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To: trebb

trebb wrote:

“Scattering the potential witnesses in hope that those most in the know escape scrutiny? I hope for their families’ sakes they are up to date on their life insurance...”

The guys that paid will want their money back?

And do anything to get it?

How much per year did those employees make?

Would the guys that paid grab the ex employees and hold em for ransom, and tell the Clinton’s to “pay up or else” ?


49 posted on 01/16/2017 12:44:38 PM PST by WildHighlander57 ((WildHighlander57, returning after lurking since 2000)
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To: bigbob

Not even a dress at that price could make this ugly woman a wee bit attractive. Man is she ugly.


50 posted on 01/16/2017 12:45:49 PM PST by Fungi
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To: VitacoreVision

Hah hah hah!


51 posted on 01/16/2017 12:47:34 PM PST by NorthMountain (Los Angeles Times is Fake News)
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To: VitacoreVision

They will just change the name and go on as usual.


52 posted on 01/16/2017 12:50:22 PM PST by Husker24
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*


53 posted on 01/16/2017 12:58:40 PM PST by PMAS (All that is necessary for the triumph of evil is that good men do nothing)
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To: VitacoreVision
Trump Effect 💪😎
54 posted on 01/16/2017 1:12:15 PM PST by ResisTyr (esistance to tyrants is obedience to God " ~Thomas Jefferson)
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To: Fungi

Yeah!

Her wedding day is supposed to be a woman’s most beautiful day of her life.

It’ all downhill from there.


55 posted on 01/16/2017 1:14:16 PM PST by Noob1999
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To: colorado tanker

Does anyone recall reading reports (several months ago) that HRC had transferred 7 or 8 billion dollars from the Clinton Foundation to a private account in a middle eastern country....Was it Qatar?


56 posted on 01/16/2017 1:22:18 PM PST by Right-wing Librarian
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To: Right-wing Librarian

Yes it was Qatar!!!


57 posted on 01/16/2017 1:30:57 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Trump Girl Kit Cat

Thanks, Kit.

I have full confidence that if there is any possible way to retrieve and seize those funds, and repatriate them back to our country, DJT will find it and do it!


58 posted on 01/16/2017 2:01:16 PM PST by Right-wing Librarian
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To: Fungi

Chelsea has been unfortunate looking since she was a child. True that she wasn’t even a pretty bride despite all the hair, dress and makeup help.


59 posted on 01/16/2017 2:01:23 PM PST by surrey
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To: bigbob; volunbeer

Look at Chelsea’s eyes in that pic. I’m I just seeing things or does she look like one of those reptillian, shape shifting, alien overlords that David Icke is always screaming about? She certainly is butt-ugly enough to be a lizard.


60 posted on 01/16/2017 2:14:16 PM PST by Towed_Jumper (I'm not homophobic --I'm homonauseated.)
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