Wednesday, April 29, 2015 – 09:30 a.m.
Former Secretary of State and Democratic Presidential Candidate Hillary Rodham Clinton is rapidly becoming the GOP dream opponent.
Baggage is stacking up so high it’s falling on Clinton’s head, and it’s getting harder for her loyal machinery to defend her, and her husband.
Many suspected the activities of the Clinton Foundation would provide red meat for the political pundits and spin machinery everywhere. But not like this.
Newly-confirmed U.S. Attorney General Loretta Lynch is going to be under pressure, at a minimum, to initiate a probe.
Up until yesterday, the whopper was Former President Bill Clinton’s involvement in securing a Russian-controlled entity’s right to control at least 20% of U.S. uranium ore deposits. That’s right Russia.
The Clinton Foundation, in return, received more than $120 million in contributions from companies and individuals tied to the deal.
But now comes news that the Foundation failed to disclose more than 1,100 foreign donations on its IRS Form 990 Non-Profit return. The foundation now says it will amend five years of returns.
It would appear these are foreign donations the Clinton Foundation apparently thought it could wash through the Canadian-based Clinton Giustra Enterprise Partnership (CGEP).
It should be noted that Frank Giustra is tied up in the aforementioned Uranium deal.
Keep in mind it’s reported that roughly 15% of the funds received by the foundation, which has accepted around $2 billion during its existence, actually went to charity. The remainder went to operating and other expenses.
Then there’s the reported 1,300-plus donations the foundation accepted from individuals and companies while they were lobbying the State Department during Clinton’s tenure as Secretary of State.
I know what everyone is waiting for. How much went to travel and entertainment?
Make no mistake. This will be fully vetted and there will be more damage control needed.
Clinton can only ignore media questions for so long.
The GOP needs Clinton in the race. She’s rapidly becoming an easy target to beat.