Buying influence with Bill's foundation?

NY Times:

Over the last decade, former President Bill Clinton has raised more than $500 million for his foundation, allowing him to build a glass-and-steel presidential library in Little Rock, Ark., and burnish his image as an impresario of global philanthropy. The foundation has closely guarded the identities of its donors — including one who gave $31.3 million last year.

Now, the secrecy surrounding the William J. Clinton Foundation has become a campaign issue as Senator Hillary Rodham Clinton seeks the Democratic presidential nomination with her husband as a prime source of strategy and star power. Some of her rivals argue that donors could use presidential foundations to circumvent campaign finance laws intended to limit political influence.

Mr. Clinton himself echoed those concerns this fall when he pledged to make public future donors if Mrs. Clinton was elected president. While disclosure is not legally required, failure to do so, Mr. Clinton said, would raise “all these questions about whether people would try to win favor with her by giving money to me.”

Even so, past donors should remain private, he insisted, “unless there is some conflict of which I am aware, and there is not.”

But an examination of the foundation demonstrates how its fund-raising has at times fostered the potential for conflict.

The New York Times has compiled the first comprehensive list of 97 donors who gave or pledged a total of $69 million for the Clinton presidential library in the final years of the Clinton administration. The examination found that while some $1 million contributors were longtime Clinton friends, others were seeking policy changes from the administration. Two pledged $1 million each while they or their companies were under investigation by the Justice Department.

Other donations came from supporters who had been ensnared in campaign finance scandals surrounding Mr. Clinton’s 1996 re-election campaign.

In raising record sums for her campaign, Mrs. Clinton has tapped many of the foundation’s donors. At least two dozen have become “Hillraisers,” each bundling $100,000 or more for her presidential bid. The early library donors, combined with their families and political action committees, have contributed at least $784,000 to Mrs. Clinton’s Senate and presidential coffers.

The foundation and Mrs. Clinton’s political campaigns have been intertwined in other ways. Terry McAuliffe, who led the foundation’s fund-raising and sits on its board, is now Mrs. Clinton’s campaign chairman and chief fund-raiser. Cheryl Mills plays a similar dual role, sitting on the foundation board and serving as the general counsel to Mrs. Clinton’s campaign. And Jay Carson recently traded a communications position at the foundation for a job as her campaign’s press secretary.

As the scope of the foundation expanded from the Clinton library into issues like treating AIDS in the developing world and addressing global poverty and climate change, and Mrs. Clinton moved closer to announcing her candidacy, the pace of giving quickened. Last year, contributions reached $135 million, a 70 percent increase over the previous year. Two-thirds came from just 11 donors.

The $31.3 million donation, which was previously undisclosed, came from the Radcliffe Foundation run by Frank Giustra, a Canadian who has made millions financing mining deals around the world. Mr. Giustra has become a member of Mr. Clinton’s inner circle, joining him on global trips and lending him the use of his private MD-87 jet.

For weeks, Clinton Foundation officials had suggested that the $31.3 million contribution listed on its tax return did not come from a single donor. They then said it came from a single source, but declined to identify it. Wednesday afternoon, a representative of Mr. Giustra contacted The Times and acknowledged the Radcliffe contribution.

This year, Mr. Giustra announced separate plans to give the Clinton Foundation $100 million, plus half of his future earnings from natural resource business ventures, for a joint project to spur economic growth in poor Latin American mining communities. Taken together, the contributions make Mr. Giustra one of the foundation’s largest benefactors, if not the single largest.

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There is much more. The conflicts seem so obvious that it is hard to believe it has only now become a big story. Then there are the future speaking fees and other deals that Bill Clinton has in the works. It is easy to see why he would not want to give that up to sit on the Supreme Court, but will he give it up if his wife is elected? I mention the Supreme Court because some have suggested that as a way to get him out of Hillary's way. Of course he would have o recuse himself from every case where the government was a party because of a conflict. So far Bill has been able to evade these issues, but his wife will have difficulty doing so as the campaign goes forward.

Comments

  1. Ever see the speaking fees that Pres. Clinton got from Vinod Gupta? The man who heads up InfoUSA... and bought the donors list to Clinton's library.

    I'm surprised that anyone can be surprised at what the Clintons have done. What's a bit of selling out to the Saudis compared to the Chinese Triads, Red China or Red Mafia?

    ReplyDelete

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