Bill Clinton Foundation revenue source exposed

[Finglefinn]

http://www.nytimes.com/2008/01/31/us/po ... nted=print

Wow. Just wow. It sure pays to be a ex-President. And I guess it pays to be friends with an ex-President with no particular moral base beside make as much money off being a ex-President as possible.

Where can I sign up for this job?

[Klast Brell]

First you have to be elected president.

Then you can make money like Clinton and Bush 41. Just look at the kind of dollars Bush 41 made off the the Carlyle Group.

[Lurker]

And I guess it pays to be friends with an ex-President with no particular moral base beside make as much money off being a ex-President as possible.

Yeah, cause the Clinton Foundation does nothing but funnel money directly into Clinton's pocket.

[Partha]

Wow. Just wow. It sure pays to be a ex-President. And I guess it pays to be friends with an ex-President with no particular moral base beside make as much money off being a ex-President as possible.

Also see: Blair, Tony; Bush, George W; Bush, George H.W.

[Finglefinn]

Yeah, cause the Clinton Foundation does nothing but funnel money directly into Clinton's pocket.

You think Clinton does not take a huge salary from the Foundation?

If you think it is a number with less than two commas in it, you're fooling yourself.

[Partha]

Um, actually, he doesn't get money from the Foundation - it's a nonprofit. He gets his money from doing about one speech a day at Presidential rates. He pulls about $10m a year just from speeches.

[Chants Evensong]

Financial gain is all well and good.

But this seems odd. It furrowed my brow a bit to find a liberal cavorting with an autocrat to smooth the skids on a financial deal whose beneficiary then gave 31 million to the library of an ex-president, the same ex-president doing the cavorting with the autocrat in the first place.

This stinks of quid pro quo. And it involves uranium. Not too happy about the fact that it also involves a Clinton, either.

But that's just me.

[Finglefinn]

Um, actually, he doesn't get money from the Foundation - it's a nonprofit. He gets his money from doing about one speech a day at Presidential rates. He pulls about $10m a year just from speeches.

WTF are you smoking? Just because it is a non-profit does not mean he doesn't get a salary? Do you think all employees of non-profit corporations work for free? Dumbass.

Here's some info, albiet dated, on the practices of the WJ Clinton Foundation:


Clinton Foundation Found At Fault
http://archive.newsmax.com/archives/ic/ ... 1404.shtml

2005 & 2006 Financial Statements (which I won't even pretend that you know how to read)
http://www.clintonfoundation.org/pdf/au ... s-2005.pdf
http://www.clintonfoundation.org/pdf/au ... s-2006.pdf

In 2005, the corporation paid out $7,205,108 in salaries plus a variety of other expenses that at least part of were expensed by the former President. See page 15 of the financial statement:

Salaries and benefits $7,205,108
Travel $5,394,971
Professional and consulting $2,021,383
Other $1,068,637

2006:
Salaries and benefits $11,382,457
Travel $6,131,817
Professional and consulting $16,827,902
Other $4,591,042

The question again is, how much of that went into Clinton's pocket? Like I said, if you believe it is a number with less than two commas in it, you're fooling yourself.

[Lurker]

The question again is, how much of that went into Clinton's pocket? Like I said, if you believe it is a number with less than two commas in it, you're fooling yourself.

Clinton doesn't draw any salary from the Clinton Foundation. Maybe it's time for you to let go of some of your hate for the Clintons and the Democratic Party in general, since it seems to be based on your own ignorance.

[Embar Angylwrath]

The question again is, how much of that went into Clinton's pocket? Like I said, if you believe it is a number with less than two commas in it, you're fooling yourself.

Clinton doesn't draw any salary from the Clinton Foundation. Maybe it's time for you to let go of some of your hate for the Clintons and the Democratic Party in general, since it seems to be based on your own ignorance.

Who do you think got the lion's share of the 16 million in "professional and consulting", and the 6 million in "travel"?

Is it your stance that Clinton received no monetary recompense from the foundation?

[Finglefinn]

The question again is, how much of that went into Clinton's pocket? Like I said, if you believe it is a number with less than two commas in it, you're fooling yourself.

Clinton doesn't draw any salary from the Clinton Foundation.

I've offered my opinion and I think he took significant dollars from the foundation as explained above. It's your task to prove me wrong, Luker. So, if you indeed think that he took $0 from the foundation by way of salary or reimbursed expenses, prove it.

[Harlowe]

Why would it be his job to prove that Clinton is not guilty? It's the other way around. Make your case better.

[Kulaf]

I honestly don't think Clinton is dumb enough to in any way tarnish himself by taking money from the foundation. He makes more than enough from personal speaking fees he doesn't need to worry about tainting his NFP.

I'm all for nailing the guy for what he's done.....we don't need to try to make stuff up.

[Embar Angylwrath]

I honestly don't think Clinton is dumb enough to in any way tarnish himself by taking money from the foundation. He makes more than enough from personal speaking fees he doesn't need to worry about tainting his NFP.

I'm all for nailing the guy for what he's done.....we don't need to try to make stuff up.

Clinton was dumb enough to get a hummer from an intern. I think the depths of his stupidty have yet to be fully explored.

[Lurker]

I've offered my opinion and I think he took significant dollars from the foundation as explained above. It's your task to prove me wrong, Luker. So, if you indeed think that he took $0 from the foundation by way of salary or reimbursed expenses, prove it.

You offered your opinion - based in ignorance - that Clinton draws a seven figure salary from the Clinton Foundation. If you cared to know the facts you could have checked the Foundations tax returns which are publically available right on their own website.

Of course, you don't care to know the facts.

To you he has 'no particular moral base' and just wants to make as much money as possible, and you'll never let facts get in the way of what you want to believe. Nevermind that he does a tremendous amount of good through the Foundation. You really are a petty, small minded person.

[Embar Angylwrath]

http://www.clintonfoundation.org/pdf/ir ... on-rev.pdf

There is the return.

Over 8 million in expenses in a Clinton related "conference".

Only about 200K of the total multi-million dollar revenue allocated to actual program funds.

"Travel" expenses almost equal total payroll.

If this were a business, the CEO would be in jail.

[Lurker]

Over 8 million in expenses in a Clinton related "conference".

Ha! 'Clinton related "conference"'! What a jackass you are.

That was the Clinton Global Initiative. You can read about it here and here. Yes, it's expensive bringing all those people together, but they secured billions in committments to tackle global issues so the expense was tiny by comparison and well worth it.

Only about 200K of the total multi-million dollar revenue allocated to actual program funds.

Not true.

[Harlowe]

I am just boggled how hard people try to nail this guy's ass to a cross. You turn a huge global initiative and conference into a "Clinton-related expense"...seriously?

[Partha]

You have to remember, Clinton was really the only thing that stood in the way of 25 years of Republican control of the White House, and he won both terms with less than half of the popular vote. Conservatives will NEVER forgive him for that, because it's the only thing that kept them from being able to wreck the country and loot it in the 1990's instead of having to wait for Bush Jr. to come along.

Unless, of course, they're social conservatives, in which case they hate him for having sex with lots of women and enjoying it while allowing gays some measure of freedom (instead of imprisioning/killing them) and making sure that abortion providers had to be executed outside of state law for a near decade.

[Finglefinn]

This one is the most current (2006).
http://www.clintonfoundation.org/pdf/ir ... dation.pdf

Here is Clinton's financial disclosure for 2006:
http://www.opensecrets.org/pfds/pfd2006 ... 9_2006.pdf

I've done as much digging as I can and I can't find any direct payments from the foundation to Clinton. The disclosure above shows how much money Clinton is paid in speaking fees. Ranging from $75K to $450K on 57 total events, for a rough total of $10,235,000. Kulaf is right about him making a crapload of money speaking.

One thing I found on the disclosure that was interesting is the travel section. There is no part VI to the disclosure, which specifically outlines travel reimbursements more than $305 from one source. Hillary's report declines that question for herself, her spouse or children, which means they received $0 reportable travel expenses or reimbursements. I have to believe what is printed here, however, I find it hard to believe.

Especially since the disclosures are relatively unimportant, as noted in this article. It seems the powers that be don't pay much attention to them:

http://www.washingtonpost.com/wp-dyn/co ... 01542.html

With Clinton's track record, it is hard to believe that there are no funds making it into Clinton's pocket from the foundation. At this time, I'm going to relinquish my stance. We'll see what happens in the future.