The memo removes any doubt that the foundation is little more than an unregistered super PAC working on the Clintons’ behalf. Donors to the charity are simultaneously tapped to give Bill speech requests and other business arrangements, including the $3.5 million he was paid annually to serve as “honorary chairman” of Laureate International Universities. Mr. Band’s memo also notes his success at getting donors to “support candidates running for office that President Clinton was supporting.”
It’s now 2016 and Bill’s most favorite candidate is running for the presidency. There’s no question foundation donors are being “leveraged” for Mrs. Clinton.
Mr. Band wants credit in the memo for prodding existing foundation donors to pony up more money, though the donation statistics he provides paint a different picture. By and large, donations to the foundation begin to spike dramatically in 2009 and 2010. Mr. Band didn’t form Teneo until 2011. What was happening in 2009? Mrs. Clinton was sworn in as one of the most powerful politicians on the planet.
The obvious question is where are the prosecutors? (For that matter, where is Lois Lerner when you need her?) Any nonprofit lawyer in America knows the ironclad rule of keeping private enrichment away from tax-exempt activity, for the simple reason that mixing the two involves ripping off taxpayers. Every election lawyer in the country lives in fear of stepping over the lines governing fundraising and election vehicles. The Clintons recognize no lines.