How the Clintons became so wealthy and powerful

An article from 2015 reminds us of how the Clintons became fabulously wealthy--and powerful. "Clinton Foundation has basically been a foreign money-laundering operation. The scheme works like this: collect millions of dollars in foreign money, dump it into a foreign charity, pretend that the law prohibits you from ever disclosing the identities of those foreign donors to the foreign charity, then have the foreign charity bundle all the cash and send it to the Clinton Foundation. Then, when the time comes–whether it be a Clinton Foundation conference or a lavish Clinton Foundation trip overseas–make sure those individuals get some me-time with the Clintons."

http://thefederalist.com/2015/04/29/is-the-clinton-foundation-just-an-international-money-laundering-scheme/?  Good links.

How bundling helps the bundlers as well as the candidate

Obama has used 357 bundlers in 6 months during the current campaign. 81 of the bundlers work at law firms--what a surprise there. He’s raised 56 million. Bundlers often receive special treatment because of their ability to raise big money. Obama, in fact, elevated some two dozen bundlers from his last campaign to serve as ambassadors during his first year in office.

Ron Paul has used zero; Mitt Romney eight. However, no one is actually required to say how many, so we only know what’s been offered--and that includes the Obama campaign. Obama provides the information because he sponsored legislation on it when he was a Senator (it failed).

Open Secrets Blog