Hillary generously donates to her favorite charity: Herself
Hillary Rodham Clinton and her husband, former President Bill Clinton, released their tax returns on Friday.
For a person who left the White House "dead broke and deeply in debt" (in spite of stealing White House furniture and artwork), the Clintons have done very well in the succeeding years. For fiscal 2015, they reported an income over $10.6 million, significantly down from the $28.5 million they earned in 2014.
Yeah, running for president doesn't leave people time for other income-generating activities. Either way, they are the 1% of the 1%!
Slightly over a third of their income went for income taxes, while another 10% went to charity. How thoughtful! How generous! Not really! Actually, how selfish!
Of the the $1,042,000 the Clintons gave to charity as listed on their return, $1 million of that went to the Clinton Family Foundation. The other $42,000 went to Desert Classic Charities.
In other words, the Clintons donated – tax-free, no less! – to themselves. The Saudis, the Algerians, and other wealthy and not so wealthy Muslim human rights-abusing countries and prominent Wall Street firms and individuals associated with them also donated to the Clinton Family Foundation.
Not that the donors expected any favors or such, of course – they just are as generous and concerned about the less fortunate as the Clintons. Yeah.
Oh, and not so by the way, and I know this will come as a shock, shock, shock!, the Desert Classic Charities partners with the Clinton Family Foundation. Boom!
Desert Classic Charities, the local non-profit entity that has organized the Humana Challenge in partnership with the Clinton Foundation (formerly the Bob Hope Classic) for 53 years, today presented 40 Coachella Valley charities with more than $2 million in donations[.]
And as for the Clinton Foundation itself, well, it has been called a "giant slush fund," with such high overhead and such little charity that it was placed on a watch list by a charity watchdog group last year.
The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.
The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends. (snip)
In all, the group reported $84.6 million in “functional expenses” on its 2013 tax return and had more than $64 million left over — money the organization has said represents pledges rather than actual cash on hand. (snip)
None of the Clintons is on the payroll, but they do enjoy first-class flights paid for by the foundation. (snip)
Some of the tens of millions in administrative costs finance more than 2,000 employees, including aid workers and health professionals around the world.
But that’s still far below the 75 percent rate of spending that nonprofit experts say a good charity should spend on its mission.
Charity Navigator, which rates nonprofits, recently refused to rate the Clinton Foundation because its “atypical business model . . . doesn’t meet our criteria.”
Charity Navigator put the foundation on its “watch list,” which warns potential donors about investing in problematic charities. The 23 charities on the list include the Rev. Al Sharpton’s troubled National Action Network, which is cited for failing to pay payroll taxes for several years.
Other nonprofit experts are asking hard questions about the Clinton Foundation’s tax filings in the wake of recent reports that the Clintons traded influence for donations.
“It seems like the Clinton Foundation operates as a slush fund for the Clintons,” said Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group where progressive Democrat and Fordham Law professor Zephyr Teachout was once an organizing director.
Slush fund? But...but what about the poor people in Haiti who were promised help by the Clintons' foundation after the devastating earthquake a few years ago? As the Spanish-speaking Hillary would say, "Nada."
For more information, the following headlines sum up the situation. Read the whole things.
And then there is this frightening disclosure regarding the Clinton Foundation, noticed last year, which is even more relevant this year.
The nonprofit came under fire last week following reports that Hillary Clinton, while she was secretary of state, signed off on a deal that allowed a Russian government enterprise to control one-fifth of all uranium producing capacity in the United States.
Sure, let the Russians have an important stake in our uranium production because the Iranians are neutralized thanks to President Obama's Iranian deal. We don't need uranium, and Hillary can use the money for good deeds.
And I have a nuclear bomb I'd like to sell you. Cheap.
Hillary is now demanding that Donald Trump release his tax returns. I have a better idea: she should ask her former boss and former competitor, Barack Hussein Obama, to release his college records. In this most "transparent administration," I'm sure he'll be glad to oblige.
And then Obama will make a substantial donation to the Clinton Family Foundation.