Sometimes, as I do research on the Clinton Foundation, I want to take a shower. By doing this, you see how incestuous the entire system is. Probably stuff we shouldn’t know. We live our lives everyday and this crap is going on all around us….the rich getting richer, while we pay all the bills. In my last segment, I talked about a foreign donor, Gilbert Chagoury. But in this piece, I want to talk about something totally different: tax returns. From 2007 through 2015, the Clintons have donated $18,001,450 to charity. If you pay taxes, you understand that that is a deductable expense. That means you deduct it from your gross income, and save paying any tax on that amount. So at a 30% tax rate, an $18 million deduction would save about 5 and a half million dollars in taxes….not chicken feed! But guess what? Of that $18,001,450, $17,826,000 or 99% went to the Clinton Foundation. But Bill did give $200 to his high school alma mater, Hot Springs High School. Just so we’re clear…..we, the people, forfeited $5 and half million dollars of our money so the Clintons could take $18 million out of one hand and put it in the other hand. Make no mistake….I haven’t yet written on this, but the vast majority of all Clinton Foundation money benefits the Clintons, personally, in some way.
OK! That’s the big picture. Let’s take a deeper look at 2015. In that year, the Clintons donated $1,042,000 to charity. One million of that went to the Clinton Foundation. But what about that other $42,000? It went to the Desert Classic Charities. That’s the charity that runs the former Bob Hope Golf Classic. It is now called the Humana Challenge, sponsored by Humana…yes, the health insurance company. Desert Classic Charities is responsible for distributing profits from the event to other charities. DCC has $12 million in assets. In 2015 DCC distributed $2 million to dozens of local charities, but also distributed $700,000 to the Clinton Foundation. Why? That’s a great question. This is where it gets really complicated so you have to PAY ATTENTION! The chairman of the board of Humana is Mike McCallister and the president of Humana is Bruce Broussard. Mr. Broussard sits on the board of America’s Health Insurance Plans (AHIP)…which represents 1300 insurance companies as an “advocacy” group. They were a major player in the writing of Obamacare and making sure insurance companies got reimbursed for any losses. Just how did that happen? America’s Health Insurance Plans has dozens of lobbyists, but one thing really caught my eye. They are a major funder of Center for American Progress. Ever hear of them before? I have…..the chairman and founder is John Podesta….yeah that guy, Hillary’s long time friend and campaign chairman. Mike McCallister is also a director of AHIP and also sits on the board of Pfizer…the drug company. Humana is also a major funder of the Clinton Foundation. In fact, Doug Band…..I talked about him before, he’s the CEO of the Clinton Foundation, sat on the board of Desert Classic Charities in 2014…the organization that decides where the money will go. If you’ve read the other parts of this research, you also heard me talk about DeClan Kelly, the founder and CEO of FTI consulting, the forerunner of Teneo, and partner to the Clinton Foundation. FTI is a major lobbyist and consulting firm to AHIP. There’s a lot more detail I could provide, but its getting pretty complicated.
Let me summarize what I believe. Humana pays the Clinton Foundation for something other than sponsoring a golf tournament. But what? What did that relationship and $700,000 buy? Humana runs the board at AHIP. FTI lobbies for them in congress. Congress made it so insurance companies could not lose money no matter what happened, and in another great show of support for the American taxpayer, a bill was introduced in January of 2015 called the “Insurance Company Bail Out Prevention Act”. By the way, that bill sits in committee in both chambers and, as yet, has not come to a vote. Meanwhile, President Obama circumvented the congress, once again, by using executive discretion and took care of the insurance companies. So all the insurance companies had to do was provide access, and take the subsidies, and not risk losing any money. Sweet! Not only did they “partner” with the Clintons, but they also paid John Podesta, and the Declan Kelly guys, too. Real sweet! The Clintons got what they wanted, Podesta and Kelly got a boatload of money, the insurance industry got what it wanted, 20,000,000 people got insurance, and we got the bill for the whole scam, and now 25% premium increases…..super sweet!
I’ll bet you didn’t know a round of golf could cost so much!