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May 22, 2015

The Odd Millions: Clintons Disclose More Clandestine Cash

It seems like Hillary Clinton’s campaign is trying to get all the bad news out early (though there isn’t much good news). That way, the toxic waste might reach half-life before the primary election. The Clinton Foundation released more details into how the Clintons went from “dead broke” to One Percenters, and it shows the family’s overpriced speaking fees raked in $12 to $26.4 million more than previously disclosed. The money came from colleges, Wall Street companies like Goldman Sachs and foreign governments like Qatar. The Clintons didn’t disclose these payments because they counted them as revenue for a service, not donations. But in effect, this allowed groups to hand the Clintons a pile of undisclosed cash. Members of Congress sent a letter to the IRS asking it to reconsider the Clinton Foundation’s tax-exempt status. While asking the government to investigate the Clintons is valid, the letter may galvanize Democrats to rally around Clinton. Instead, Republicans should let Clinton twist in the wind. Either progressives realize Clinton doesn’t represent their idealism and challenge her majesty’s claim to the Oval Office, or they wear her like an albatross. More…

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