Mr. Schweizer writes of “the flow of tens of millions of dollars to the Clinton Foundation . . . from foreign governments, corporations, and financiers.” It is illegal for foreign nationals to give to U.S. political campaigns, but foreign money, given as donations to the Clinton Foundation or speaking fees, comes in huge amounts: “No one has even come close in recent years to enriching themselves on the scale of the Clintons while they or a spouse continued to serve in public office.” The speaking fees Bill commands are “enormous and unprecedented,” as high as $750,000 a speech. On occasion they have been paid by nations or entities that had “matters of importance sitting on Hillary’s desk” when she was at State.
From 2001 through 2012 Bill collected $105.5 million for speeches and raised hundreds of millions for the foundation. When she was nominated, Hillary said she saw no conflict. President Obama pressed for a memorandum of understanding in which the Clintons would agree to submit speeches to State’s ethics office, disclose the names of major donors to the foundation, and seek administration approval before accepting direct contributions to the foundation from foreign governments. The Clintons accepted the agreement and violated it “almost immediately.” Revealingly, they amassed wealth primarily by operating “at the fringes of the developed world.” Their “most lucrative transactions” did not involve countries like Germany and Britain, where modern ethical rules and procedures are in force, but emerging nations, where regulations are lax.
How did it work? “Bill flew around the world making speeches and burnishing his reputation as a global humanitarian and wise man. Very often on these trips he was accompanied by ‘close friends’ or associates who happened to have business interests pending in these countries.” Introductions were made, conversations had. “Meanwhile, bureaucratic or legislative obstacles were mysteriously cleared or approvals granted within the purview of his wife, the powerful senator or secretary of state.”