The Clintons’ Fleecing of America

Fleecing of America

Fleecing of America by Hillary and Bill

By BEVERLEY RUSSELL Op-ed contributor Trumpville Report

Hillary Clinton has filed financial documents showing that in 2015 she earned more than $5 million in royalties from her book “Hard Choices” and about $1.5 million in speaking fees, before she launched her presidential campaign.

How was the Fleecing of America accomplished?

Her husband, former President Bill Clinton, continued his lucrative speaking tour through last November, reaping more than $5 million from banking, tech and other corporate interests. Hillary Clinton released the candidate financial disclosure form she filed to the Federal Election Commission . The 11-page document shows that most of her personal wealth is held in a Vanguard 500 Index Fund and a separate JP Morgan Custody Account, both valued at $5 million to $25 million.

Clinton’s speeches to Wall Street interests between 2013 and 2015 spurred questions about her own lack of transparency, leading to repeated calls from her Democratic rival, Bernie Sanders, for transcripts of her talks to banks, investment houses and other financial interests. The five speeches disclosed in Clinton’s latest documents include the Canadian Imperial Bank of Commerce paying her $150,000 for a talk in January 2015, following two other speeches in Canada that also were co-sponsored by the bank. In all, Clinton made at least 94 appearances before corporate and other special interests between 2013 and 2015, earning more than $21.6 million for her services. A review of federal records, regulatory filings and correspondence by The Associated Press showed that almost all the 82 corporations, trade associations and other groups that paid for or sponsored Clinton’s speeches have actively sought to sway the government – lobbying, bidding for contracts, commenting on federal policy and in some cases contacting State Department officials or Clinton herself during her tenure as secretary of state.

Hillary Clinton’s fleecing of America disclosure also shows that her husband made an undisclosed amount of money last year in consulting roles for two international interests – the Dubai-based Varkey GEMS Foundation and Laureate Education Inc., a global for-profit education firm. Bill Clinton ended his relationship with Laureate last year after earning $16.5 million as the operation’s honorary chancellor, according to previously released Clinton tax records. Bill Clinton also has made more than $5.6 million in an honorary role for the GEMS foundation. Hillary Clinton’s 2015 disclosure showed the couple’s total worth was estimated to be between about $11 million and $53 million, according to the broad ranges typically provided by the federal form. Her 2016 filing does not provide similar ranges, but the Clintons’ 2015 earnings appear to be in line with those earlier figures. In documents released to the Federal Election Commission, Trump, the presumptive Republican nominee, reported earned income of $557 million and a $190 million increase in business revenue over the past 17 months. The forms, which are legally required for presidential candidates, detail how Hillary and Bill Clinton made money in 2015 largely from paid speeches, a practice that has drawn the ire of liberal Democrats who have rallied around Vermont Sen. Her Democratic opponent, Bernie Sanders, and his supporters have called on her to release the transcripts of these speeches, which she has thus far refused to do.

Anderson Cooper: “But did you have to be paid $675,000 [for three speeches to Goldman Sachs]?”
Hillary Clinton: “Well, I don’t know. That’s what they offered.”

Hillary is veering from the truth when she suggests her $225,000 per speech fee, paid three times by Goldman Sachs, was “what they offered.” It was not what they offered — it was what Team Hillary demanded. A review of her 2014 tax return posted on her website shows that $225,000 was her minimum fee. She received $225,000 for 34 of the 41 speeches listed on her tax return. Of the remaining 7 speeches, two were for 250,000 and the others for $265,000, $275,000, $285,000, $305,000 and $400,000. In total she received $9,680,000 for these speaking engagements in 2013.
A campaign dominated by concern about Hillary Clinton’s wealth has given way to more questions about her finances returned to the headlines, because of a paid speech she gave to a school in Las Vegas. The keynote speech to the University of Las Vegas Foundation’s annual dinner became controversial in July when students said they wanted funds put towards student aid, instead of Clinton’s $225,000 speaking fee. Republicans sought to revive the issue, sending out an email to reporters slamming “Clinton’s Nevada Pay Day.” Much of the local news coverage of the event included reference to the payment and the controversy. (Clinton donated the speaking fee to her family’s charitable foundation.)So what did the university get for it’s money?

Clinton helped raise $350,000 (minus her $225,000 speaking fee) by selling out the event at the Bellagio, where tickets for the 900 guests went for up to $3,000. Here’s what else they got: 2016 flirtation: Anyone seeing Clinton speak is hoping for some insight on her 2016 plans, and she is usually happy to deliver. In Las Vegas, there were new euphemisms for “that other thing,” as Clinton called a potential presidential run in Iowa. Before beginning the Q&A portion of the event, moderator Brian Greenspun handed Clinton a pair of Nikes, which he made sure to point out were “running shoes.” Greenspun is the publisher of the Las Vegas Sun and a UNLV trustee, but before that he was Bill Clinton’s college roommate. Clinton herself addressed the topic too: “As I make my decision, part of what I will be thinking about is what do I want to do with the next years of my life? How do I want to spend my time?” she said, mentioning her new granddaughter.

Millennial love: Clinton has lately been directing her messages to young people often. In Las Vegas, she warned that “many millennials are still struggling” to find jobs and said more needed to be done to bring down the cost of education so every young person gets a fair shot.“Higher education shouldn’t be a privilege for those able to afford it. It should be an opportunity widely available for anybody with the talent, determination and ambition,” she said.

For-profit colleges: She slammed “fly-by-night for-profit schools” and predatory lenders that “exploit students.” The Obama administration has worked to rein in the schools, but comprehensive reform has been stalled in Congress.

Clinton has given many paid speeches, but the UNLV event became a flash point both because of the venue (the school had raised tuition recently) and because the details of her speaking contract were made public by the Las Vegas Review Journal.

The contract, which included unflattering details about her travel demands, led to a string of negative press coverage about other university speeches. Also honored at the event was Las Vegas casino mogul Sheldon Adelson, who has spent more than almost anyone supporting Republican candidates in recent years. Clinton congratulated Adelson on his $7 million donation the university, and said she and the Republican donor had met backstage. Adelson told Clinton that he wished he were the one asking the questions on stage, instead of Greenspun, she said. “We would have needed a boxing arena,” Clinton joked. In the hour and a half Clinton spent on stage, she tread mostly on well-worn rhetorical territory she has explored in other speeches. Her quotes on Putin – though not the sentiment – appear new, as do her comments on private schools. Republican groups like America Rising have attacked Clinton by calculating the price-per-minute of some of speaking gigs. Las Vegas’ speech would be about $2,500 per minute. Earlier in the day, she attended a fundraiser at a different casino for Nevada Democrats organized by Senate Majority Leader Harry Reid
This is how the Clinton’s have become the top 5% in America , the true fleecing of America!


reprint “Fleecing of America”, courtesy of All News HQ, and authored by, Beverley Jane Russell, Op-ed contributor Trumpville Report

read more articles by Beverley Jane Russell

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