Thursday, February 19, 2015

The Clinton Foundation - The Family Business

Hillary Clinton recently told us that the Clinton's were "dead broke" when they left the White House.  It is true that they had millions in unpaid legal fees to pay spent defending Bill Clinton related to all of his sexual shenanigans; though about a million dollars was covered by a State Farm umbrella policy.   However, they did have Bill's Presidential Pension, which at the time was probably the $400,000 a year he was making; which of course is chicken feed for the Clinton's.  And, then there were the book advances that came, which might have made a few monthly payments.  In addition, once Bill hit the speaking circuit paying him $200,000 or more per speech, that should have been enough to live on for most people; but not the Clinton's.   As Bill Clinton is famous for saying, he had to go out and support his family. 

But none of this was enough to pay for the big houses, private jets and Chelsea's million dollar Hollywood wedding.  So, the Clinton's established the Clinton Foundation as the family business.  To be fair, they have used most of the money donated to buy influence on various good causes; but in the process,  they made sure that Bubba and now Chelsea were paid very good salaries and quite a bit more than what the President of the United States earns. In addition, all their First Class expenses and private jets traveling around the world were also covered.   In fact, it was recently reported that Chelsea Clinton, their daughter, who now officially runs the Bill, Hillary & Chelsea Clinton Foundation earns about $600,000 a year, plus expenses.  After all the Clinton Foundation is a non profit.  They have to spend all the money that is donated.  Why not, a 30 something year old girl has got to live in the manner in which she is accustomed to living. 

And, since Hilly is no longer Secretary of State and she is in between runs, the Clinton Foundation is once again accepting donations from foreign governments.  After all, their money is as good as anybody else's buying influence, given that Hilly may end up being President of the United States.  These countries are buying influence while they can.  Most important, the Clinton Foundation is the family business.  This is reminiscent of Evita Peron, wife of Juan Peron, the Dictator of Argentina doing the 50's, who used the Evita Foundation to buy and sell influence and her jewels and furs when the Dictator was in power. 

In any case, don't Cry for the Clinton's, they have gone from being "dead broke" to being multi millionaires.  Matter of fact, Bubba may be the richest ex-President since Franklin Roosevelt.   You can bet Socialist Emperor Pinocchio Veto Obama is watching closely.  After all, Veto has two daughters to support once he leaves office.  Yet, Hilly says she can relate to the Middle Class.  As Marie Antoinette, wife of King Louie once said before they cut off her head during the French Revolution, "Let Them Eat Cake"

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