Clinton Cash

In about a week, a book called Clinton Cash is going to drop on bookstores. Already a top-seller, it details a lot of the corruption we’ve been hearing about. Glenn Reynolds:

It was a bad week for Hillary Clinton. So bad, in fact, that The Washington Post declared she had “the worst week in Washington.” From The New York Times, there were reports of shady uranium deals with Russian President Vladimir Putin and Kazakhstan. From The Post, it was reporting on how the Clintons’ foundation seems more like a personal piggy bank. And from Politico, it was a report that “Clinton struggles to contain media barrage on foreign cash.” (If you haven’t kept up, here’s a bullet-point summary of the key bits). And the book that led to all these stories isn’t even out yet.

The responses from Clintonworld have been unconvincing — my favorite was when their supporters denied that a meeting between Bill Clinton and shadowy Kazakh nuclear officials had taken place, only to have a The Times reporter produce photo evidence. But, hey, the Clintons have survived even more concrete evidence of scandal — remember Monica Lewinsky’s semen-stained dress? — so why should this time be any different?

Well, one big difference is that three major news organizations — The Times, The Post and Fox News — are all working on the story. If it were just Fox, the Clintons might be able to spin it as a product of, in Hillary’s famous phrase, the “vast right-wing conspiracy.” But that’s unlikely to fly this time. Even the liberal group Common Cause has called for an audit of the Clinton Foundation’s finances.

Even so, don’t count the Clintons out yet. Even if these scandals ultimately kill Hillary Clinton’s 2016 presidential candidacy, she’ll be inclined to keep it staggering along as long as possible. So long as it looks as if she might be president, the money will keep coming in, and many people will be afraid to challenge her. As soon as her candidacy falls off the table, so will the money, and the influence.

Reynolds goes through the winners and losers from Clinton’s “bad week”, but I would agree with Nick Gillespie that the real losers are the American people who have yet another reason to doubt their government.

I have obviously not read Schweizer’s book but we don’t need it to know that the Clintons have been wallowing in largesse for years. The Foundation is frantically refiling its taxes and admitting that most of its money gets spent … on itself:

According to the Post, it took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.

Much of the Foundation’s money goes to travel ($8.5 million in 2013); conferences, conventions and meetings ($9.2 million); and payroll and employee benefits ($30 million). Ten executives received salaries of more than $100,000 in 2013. Eric Braverman, a friend of Chelsea Clinton, was paid nearly $275,000 in salary, benefits, and a housing allowance for just five months’ work as CEO that year.

Bill Allison is a senior fellow at the Sunlight Foundation, a government watchdog group once run by prominent leftist Zephyr Teachout. In Allison’s view, “it seems like the Clinton Foundation operates as a slush fund for the Clintons.”

It’s important to note that the Clinton Foundation’s status as a problematic charity is distinct from the “Clinton cash” issue that Peter Schweizer and others have highlighted. “Clinton cash” focuses on the fundraising methods used by the Clintons. Specifically, there are substantial allegations that they raise money in part because nations and wealthy individuals hope to influence U.S. policy through their donations, and very possibly have succeeded in doing so.

The problem flagged by Charity Navigator and other watchdogs focuses on what the Clinton Foundation does with the money it raises (whether ethically or not). The Foundation’s profligacy and failure to spend a significant percentage of its funds on its alleged mission would be of concern even if there were no ethical problems associated with the Clintons’ fundraising.

I have a sinking feeling that none of this is going to matter in the end. As I said in a previous post, we’ve known who the Clinton are for over two decades and people still love them. But it’s going to be fun watching the cockroaches scatter as the sunlight is finally turned on the Clintons. And how knows? Maybe the Democrats will wake up and realize they’re about to nominate a corrupt surveillance-state supporter, drug warrior and Wall Street darling.

And if that happens … oh my goodness will this election suddenly become unpredictable and fun.

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