Crab Pot
Well-Known Member
Let me help out all of you good Americans and summarize how the Clinton Foundation works as a tax free international money laundering scheme. It may eventually prove to be the largest political criminal enterprise in U.S. history.
This is a textbook case on how you hide foreign money sent to you and repackage it to be used for your own purposes. All tax free!
Here's how it works:
1. You create a separate foreign "charity." In this case, the Clinton’s set it up in Canada .
2. Foreign oligarchs and governments, then donate to this Canadian charity. In this case, over 1,000 did -- contributing mega millions. (I'm sure they did this out of the goodness of their hearts, and expected nothing in return. Imagine Putin's buddies waking up one morning and just deciding to send untold millions to a Canadian charity).
3. The Canadian charity then bundles these separate donations and makes a massive donation to the Clinton Foundation.
4. The Clinton Foundation and the cooperating Canadian charity claim Canadian law prohibits the identification of individual donors.
5. The Clinton Foundation then "spends" some of this money for legitimate good works programs. Unfortunately, experts believe this is on the order of 10%. Much of the balance goes to enrich the Clinton's, pay salaries to untold numbers of hangers on, and fund lavish travel, etc. Again, virtually all tax free, which means you and I are subsidizing it.
6. The Clinton Foundation, with access to the world's best accountants, somehow fails to report much of this on their tax filings. They discover these "clerical errors" and begin the process of re-filing 5 years of tax returns.
7. Net result - foreign money goes into the Clinton 's pockets tax free and untraceable back to the original donor. This is the textbook definition of money laundering.
Oh, by the way, the Canadian "charity" includes as a principal one Frank Giustra. Google him. He is the guy who was central to the formation of Uranium One, the Canadian company that somehow acquired massive U.S. uranium interests and then sold them to an organization controlled by Russia. This transaction required U.S. State Department approval, and guess who was Secretary of State when the approval was granted.
If you're still not convinced this was a cleverly constructed way to get unidentified foreign money to the Clinton's, ask yourself this:
Why did these foreign interests funnel money through a Canadian charity? Why not donate directly to the Clinton Foundation? Better yet, why not donate money directly to the people, organizations, and countries in need?
Compare this...... Imagine how former Virginia Governor Bob McDonnell feels.
That poor schlep is in jail because he and his wife took $165,000 in gifts and loans for doing minor favors for a guy promoting a vitamin company. Not legal, but not exactly putting U.S. security at risk.
This is a textbook case on how you hide foreign money sent to you and repackage it to be used for your own purposes. All tax free!
Here's how it works:
1. You create a separate foreign "charity." In this case, the Clinton’s set it up in Canada .
2. Foreign oligarchs and governments, then donate to this Canadian charity. In this case, over 1,000 did -- contributing mega millions. (I'm sure they did this out of the goodness of their hearts, and expected nothing in return. Imagine Putin's buddies waking up one morning and just deciding to send untold millions to a Canadian charity).
3. The Canadian charity then bundles these separate donations and makes a massive donation to the Clinton Foundation.
4. The Clinton Foundation and the cooperating Canadian charity claim Canadian law prohibits the identification of individual donors.
5. The Clinton Foundation then "spends" some of this money for legitimate good works programs. Unfortunately, experts believe this is on the order of 10%. Much of the balance goes to enrich the Clinton's, pay salaries to untold numbers of hangers on, and fund lavish travel, etc. Again, virtually all tax free, which means you and I are subsidizing it.
6. The Clinton Foundation, with access to the world's best accountants, somehow fails to report much of this on their tax filings. They discover these "clerical errors" and begin the process of re-filing 5 years of tax returns.
7. Net result - foreign money goes into the Clinton 's pockets tax free and untraceable back to the original donor. This is the textbook definition of money laundering.
Oh, by the way, the Canadian "charity" includes as a principal one Frank Giustra. Google him. He is the guy who was central to the formation of Uranium One, the Canadian company that somehow acquired massive U.S. uranium interests and then sold them to an organization controlled by Russia. This transaction required U.S. State Department approval, and guess who was Secretary of State when the approval was granted.
If you're still not convinced this was a cleverly constructed way to get unidentified foreign money to the Clinton's, ask yourself this:
Why did these foreign interests funnel money through a Canadian charity? Why not donate directly to the Clinton Foundation? Better yet, why not donate money directly to the people, organizations, and countries in need?
Compare this...... Imagine how former Virginia Governor Bob McDonnell feels.
That poor schlep is in jail because he and his wife took $165,000 in gifts and loans for doing minor favors for a guy promoting a vitamin company. Not legal, but not exactly putting U.S. security at risk.
