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The Clintons' Multi-Million Dollar Dubai Conflict-of-Intere
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hillarynews
Joined: 24 Jan 2007 Posts: 2255
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Posted: Thu Jan 31, 2008 7:00 am Post subject: The Clintons' Multi-Million Dollar Dubai Conflict-of-Intere |
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The Clintons' Multi-Million Dollar Dubai Conflict-of-Interest
By: Tom FittonBill's $20 million payoff from the UAE won't end the appearance of corruption.In the most recent Democratic presidential debate in South Carolina, Hillary Clinton and Barack Obama threw off their gloves and attacked each other for their suspicious and scandalous ties. And you know what? They were both right!
Category: Top Story
By: Tom FittonBill's $20 million payoff from the UAE won't end the appearance of corruption.In the most recent Democratic presidential debate in South Carolina, Hillary Clinton and Barack Obama threw off their gloves and attacked each other for their suspicious and scandalous ties. And you know what? They were both right!Here’s a story this week that makes my point with respect to Hillary:According to the Wall Street Journal: “Former President Clinton stands to reap around $20 million -- and will sever a politically sensitive partnership tie to Dubai -- by ending his high-profile business relationship with the investment firm of billionaire friend Ron Burkle. Mr. Clinton is negotiating to end his relationship with Mr. Burkle's Yucaipa Cos. as part of a broader effort to protect the presidential campaign of his wife, Sen. Hillary Clinton, from potential conflicts of interest.”It’s a little late to worry about conflicts of interest, don’t you think? Hillary has served in the Senate during Bill Clinton’s tenure with Yucaipa, which began in 2002, all the while in a position to vote on issues that could impact Burkle’s (and, through Bill, Hillary’s) empire. Bill Clinton voiced no concern about a potential conflict of interest when he was handed a large stake in Yucaipa with no risk and very little work required. Now he can just collect the checks. Moreover, this $20 million payoff does nothing to eliminate the conflict of interest. In fact, it makes it worse. Presumably, since Hillary Clinton shares a bank account with former President Clinton, they can use the money to fund her candidacy for president, if she so chooses. Overall, Burkle has contributed large amounts of cash to the Clintons’ campaigns, their legal defense fund, and to the Clinton Presidential Library in Little Rock, Arkansas. The question is, and has always been, what will Ron Burkle get in return for his generosity to the Clintons? Especially if Hillary wins the presidency.
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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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