The Clinton Foundation may be finally running out of money, due to lack of influence peddling by the once political savvy and dynamic duo, Bill and Hillary Clinton.
Peter Schweizer, President of the Government Accountability Institute said on Wednesday that the once cash-rich Clinton Foundation has lost many of those mega-donors from international corporations along with foreign government entitles, no longer contributing to the foundation when the duo ruled the political landscape.
Appearing on “Tucker Carlson Tonight,” Schweizer told the congenial host, “All that money has now dried up, literally.”
Adding, “The Clinton Foundation has had a hard time raising money because they don’t have the influence to sell. They don’t have power access to sell and that, I think, is the primary evidence for what the Clinton enterprise was all about.”
In short, what we’re currently hearing now from deranged Democrats pushing impeachment “QUID PRO QUO.”
Ironically no one raised a fuss (although a few eyebrows were raised), that the Clintons by definition were engaged in “giving something in return for something else.”
The “something” was of course “influence peddling” and the “something else” was millions of dollars in kickbacks, disguised as charitable donations.
Schweizer continued, “The Clinton Foundation literally raised 10% of what it did in 2009 when Hilary Clinton was secretary of state,” adding, “and the international numbers are even worse.”
According to financial records, the Foundation posted its third straight loss since Hillary’s Presidential defeat in 2016, according to the Foundations 2018 tax documents.
The foundation lost $16.8 million on revenue of $30.7 million in 2018. Moreover posting roughly $16 million in losses every year since 2015, when it declared roughly $116 million in revenue.
Financial records also show that Foundation Director Bruce Lindsey’s reportable compensation remained the same from 2017 to 2018 at just over $362,000 annually.
Not surprising, Foundation spokesman Brian Cookstra pushed back against media reports that the Foundation was struggling financially.
“These reports are not accurate. Our entire 990 shows our work was fully funded by donations, grants, savings from prior years, and interest from our endowment,” Cookstra told Fox Business. “In the last year, the Clinton Foundation’s programs have grown to help more people, and we are committed to operating programs that are effective, efficient, and sustainable.”
What’s not in doubt is Hillary’s continued obsession with the 2016 election, which perhaps gives us a better understanding as to why the former first lady is so resentful and bitter at President Trump.
It might not actually be losing the Presidency per se, but rather what that office brings in power and influence to the Clinton’s by way of “donations,” in that Hillary’s unimaginable lose, ended their revenue stream.
Moreover, financial documents have long established that 85% of donations do not go to charities, if one defines “actual charities not controlled by the Clintons” as “programmatic grants,” then it appears 15% is the magic number.
The clever Ponzi scam regarding the actual number plays out this way, the Foundation argues they hire their own staff to carry out humanitarian work, thus money that appears to be staying in the Foundation is actually being spent on charitable acts.
The unorthodox approach to financial transparency used by the Clinton Foundation is the main reason why “Charity Navigator” an independent watchdog organization that tracks charities, no longer gives the Clinton Foundation a charity ranking.
Charles Ortel, the investigator who uncovered the financial discrepancies at General Motors before its stock crashed, says the Clinton Foundation is “the largest un-prosecuted charity fraud ever.”
The Foundation “isn’t organized lawfully and isn’t operating lawfully. There’s never been a legally compliant audit,” Ortel says of the Foundation raking in hundreds of millions of dollars per year.