The Clinton Foundation has long been criticized for spending too little on programs and too much on overhead—including flying the Clintons around in private planes and employing lackeys like Sidney Blumenthal. The Clintons justified their practices by saying that the foundation performed good work.
Mrs. Clinton hopes that half measures will restore public confidence. For instance, this newspaper reports that if Mrs. Clinton wins in November the foundation plans to “scale back” and ban foreign contributions. Is there no potential for abuse if only Americans donate? Mrs. Clinton should pledge to shut down the Clinton Foundation if elected.
Even that wouldn’t end the potential for pay to play. One of Mrs. Clinton’s major economic proposals is an infrastructure bank. As she explained to Fox News’s Chris Wallace, she would “seed it with federal dollars, but bring in private investors.”
Such a quasigovernment entity, staffed by loyalists, would lead to an explosion of crony capitalism, taking taxes from ordinary Americans and transferring them to the Clintons’ allies. It would be Solyndra on steroids.
Join the conversation as a VIP Member