The real scandal of the Clinton Foundation. It is the money laundering.

Forget the contributors.  Just look at the return on investment.  According to the Federalist, the foundation only spends 15% on charity, the rest must be “overhead.”

Between 2009 and 2012, the Clinton Foundation raised over $500 million dollars according to a review of IRS documents by The Federalist (2012, 2011, 2010, 2009, 2008). A measly 15 percent of that, or $75 million, went towards programmatic grants. More than $25 million went to fund travel expenses. Nearly $110 million went toward employee salaries and benefits. And a whopping $290 million during that period — nearly 60 percent of all money raised — was classified merely as “other expenses.” Official IRS forms do not list cigar or dry-cleaning expenses as a specific line item. The Clinton Foundation may well be saving lives, but it seems odd that the costs of so many life-saving activities would be classified by the organization itself as just random, miscellaneous expenses.

How much money goes to just jetting Hill and Bill around, paying for the dry cleaning, employing Chelsea, and basically letting the Clintons live off the money given to their foundation.

P.S.- The cost is 50 million.  That’s right 50,000,000! for flying the gang around.  And you know that’s light compared to the free rides they get from their rich buddies and private jets.

“How you doin’?” Have you seen my little friend? Want to?”

 

Sweet gig if you can get it!

Which is why the Obamas and Valerie want it.

 

 

This entry was posted in politics and tagged , , , , . Bookmark the permalink.

Leave a Reply