repubs have trying to get Hil and Bill for decades ... and have been their asses whacked the whole time.
On Wednesday, October 28, 2015 at 1:54:24 PM UTC-5, Travis wrote: > > > > > > > > Not a problem with the Obama IRS. > > > > B > > > > October 27, 2015 > > *Clinton Foundation time bomb may explode on November 16* > > By Thomas Lifson <http://www.americanthinker.com/author/thomas_lifson/> > > The read of the day today is a long article > <https://www.byline.com/project/27/article/520> by Ken Silverstein at > Byline.com explaining the hole the Clinton Foundation is in over amending > its IRS filings. You see, the slush fund has a lot of 'splainin to do, and: > > Last April, Clinton Foundation acting CEO Maura Pally acknowledged > “mistakes” in its tax filings and promised they would be corrected by > November 16. > > There are potential felonies involved: > > [I]t will be difficult if not impossible for the foundation to amend its > financial returns without acknowledging accounting fraud and admitting that > it generated substantial private gain for directors, insiders and Clinton > cronies, all of which is against the law under an IRS rule called inurement. > > While inurement may sound obscure to the layman, it’s an ancient legal > principle and the IRS is very clear that it is verboten. If you are > familiar with it, it becomes immediately clear that Bill Clinton – and > arguably Hillary and daughter Chelsea as family members and fellow Clinton > Foundation trustees – could have big problems come November 16. So, too, > could Clinton cronies like Ira Magaziner (see below) and Doug Band, a > Clinton administration and former Foundation insider who subsequently > became a founding partner of a bipartisan business swamp called Teneo > Holdings. > > Financial whistleblower Charles Ortel: > > ... a former managing director of Dillon, Read & Co, said that under New > York law tax authorities don’t have to show criminal intent to get > convictions against foundation officials, they need only show that the > foundation filed materially misleading financial information and kept > fundraising nonetheless. "The essence of what a charity does is take your > money and show you how they spend it,” he told me. “The Clinton Foundation > takes your money and obscures how they spend it.” (Note that the Clinton > Foundation only started disclosing its donors in 2008, in response to years > of pressure.) > > For example: > > ... the Clinton Foundation has received more than $1 billion over the > years to purchase HIV/AIDS drugs for poor people in Africa, Asia and > elsewhere. The leading donors to the foundation to support this admirable > goal include the Bill & Melinda Gates Foundation and UNITAID. > > However, a unit set up to receive the money – the Clinton Foundation > HIV/AIDS Initiative Inc., which was run by Ira Magaziner, a Clinton > administration veteran with close ties to Hillary – clearly spent far, far > less than it took in. In fact, the unit’s accounting methods and operating > practices were so shoddy that its license was revoked by the state of > Massachusetts, where it was headquartered. > > Furthermore, the accounting firm that handled much of the paperwork, BKD, > has been implicated in a variety of misconduct. For example, last year the > Securities and Exchange Commission sanctioned BKD for “violating auditor > independence rules when they prepared the financial statements of brokerage > firms that were their audit clients,” according to this story. (snip) > > The problem, Ortel says, is that filing correct returns is impossible for > the Clinton Foundation without admitting to criminal felonies. “The > foundation has never filed a legitimate, independently certified and > complete audit of their financial statements since it was founded, as is > required under state, federal and foreign law” he told me during one of > multiple phone conversations. “The IRS has let them get away with serious > fraud.” > > Now that Lois Lerner has escaped prosecution, perhaps the IRS feels free > to simply excuse Democrats and persecute Republicans. Nonetheless, the > Clinton Foundation filings will be public documents. I’d sure like to know > what happened to that billion dollars raised for AIDS. > > > > Read more: > http://www.americanthinker.com/blog/2015/10/clinton_foundation_time_bomb_may_explode_on_november_16th.html#ixzz3psyQulR2 > > Follow us: @AmericanThinker on Twitter > <http://ec.tynt.com/b/rw?id=dlia0Qbjyr4BNDacwqm_6l&u=AmericanThinker> | > AmericanThinker > on Facebook > <http://ec.tynt.com/b/rf?id=dlia0Qbjyr4BNDacwqm_6l&u=AmericanThinker> > > > __._,_.___ > ------------------------------ > Posted by: "Beowulf" <[email protected] <javascript:>> > ------------------------------ > > > Visit Your Group > <https://groups.yahoo.com/neo/groups/grendelreport/info;_ylc=X3oDMTJmdHNrNHVjBF9TAzk3MzU5NzE0BGdycElkAzIwMTk0ODA2BGdycHNwSWQDMTcwNTMyMzY2NwRzZWMDdnRsBHNsawN2Z2hwBHN0aW1lAzE0NDYwNTQzMTk-> > > > - New Members > > <https://groups.yahoo.com/neo/groups/grendelreport/members/all;_ylc=X3oDMTJnZWtzMmtzBF9TAzk3MzU5NzE0BGdycElkAzIwMTk0ODA2BGdycHNwSWQDMTcwNTMyMzY2NwRzZWMDdnRsBHNsawN2bWJycwRzdGltZQMxNDQ2MDU0MzE5> > > 1 > > [image: Yahoo! 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