Hillary told ABC News yesterday that she doesn’t think Bill should step down from the Clinton Foundation before the election. She’s proud of the work the foundation has done and doesn’t think there is a conflict of interest:
“I know that that’s what has been alleged and never proven. But nevertheless, I take it seriously.”
Clinton Foundation Smoke
Clinton Foundation executive Doug Band worked with Hillary’s top aid, Huma Abedin, to arrange special access to the Secretary of State for foundation donors. But so far, no smoking gun.
Chicago Tribune columnist John Kass knows something about political corruption. And here’s what he has to say about “smoking guns.”:
The other day at breakfast, I was talking about this stupid, narrow Washington definition of political corruption with a man who has made it his life study.
“Say you’re in a meeting with an elected official, and you say, ‘I’ll give you so much money if you give me this favor and that favor,’ You know what happens next?” asked the man wise in the Chicago Way.
I knew, but I played along: No, what happens?
“The first thing the politician will think to himself, ‘Why is he talking that way? This son of a b—- is wired up,'” he said. “And no one will ever talk to you ever again.”
That’s why it’s depressing to hear meat puppets insist that there is no there, there, with the Clinton Foundation and Hillary, because it’s already been laid out.
The corruption was in the selling of access to the highest reaches of the federal government.
To someone who was then a sitting secretary of state who — as all the foreign tough guys with treasure understood — was already reaching for the White House.
Ireland has a 12.5% corporate tax rate. The US has a 39.5% rate.
So Apple moved its Intellectual Property operations to Ireland. And, due to a complicated 1990s agreement, the company doesn’t even pay the 12.5% rate. It’s more like .005%. (Apple did pay $3 billion in U.S. income taxes in the third quarter.) You can read how it works here, complete with a chart.
Ireland is happy with the arrangement. Apple has $200 billion parked there and employs lots of people.
EU Bite Of Apple
The U.S. is unhappy because it’s not able to take its full 39% bite out of Apple. The European Union is unhappy too.
So unhappy that it has ordered Ireland to collect $14 billion in taxes from Apple.
Now the U.S. is unhappy with the EU. The Treasury Department says the money grab damages U.S. – EU economic relations.
Reuters reports that Mylan will produce “the first generic version of its allergy auto-injector EpiPen.” The generic version will sell for $300. That’s half the price of the “branded product.”
This will be the first generic EpiPen because the FDA has dragged its feet approving any other generic version. So Mylan has a near monopoly on a life saving product. Now it also has a monopoly on the generic version.
That monopoly enabled Mylan to increase the list price of an EpiPen two pack from $100 in 2008 to $600 today. The company is offering the generic version in response to criticism of its price hikes.
Here’s a WSJ editorial blaming the FDA for the Mylan monopoly.
The speech was an attempt to trump Trump with the race card. She also accused The Donald of subscribing to dark conspiracy theories.
Then she played the Putin card by theorizing that Vladimir Putin is the “Godfather of this global brand of extreme nationalism.”
By Friday afternoon the news was focused back on the Clinton Foundation. Paul Joseph Watson has a great YouTube sendup of Hillary’s speech, tinfoil hat and all, here.
An AP story says 85 of 154 meetings Hillary Clinton had regarding private interests, when she was Secretary of State, were with Clinton Foundation donors.
Clinton Foundation Access Fit For A Prince
Some of those donors represented foreign interests too. Politico reported that the crown prince of Bahrain used his Clinton Foundation connection to get a meeting with Secretary Clinton. That was after he struck out going through “normal channels. So Clinton Foundation executive Doug Band emailed Huma Abedin with the request:
“Cp of Bahrain in tomorrow to Friday[.] Asking to see her[.] Good friend of ours,” Band wrote Abedin on her State Department email address on June 23, 2009.
Abedin responded the same day, a Tuesday, that the crown prince had asked to see Clinton through “normal channels” on Thursday and Friday.
“I asked and she said she doesn’t want to commit to anything for thurs or fri until she knows how she will feel. Also, she says that she may want to go to ny and doesn’t want to be committed to stuff in ny [sic],” Abedin wrote via her State account, following up that she meant “stuff in dc.”
Band responded to the first message, “Cool.”
Two days later, on June 25, 2009, Abedin wrote Band: “Offering bahrain cp 10 tomorrow for mtg [with ] hrc[.] If u see him, let him know.”
“We have reached out thru official channels,” Abedin added in the same message.
Band responded: “Nice[.] Abdullah is his guy[.] He’s great[.]”
Crown Prince Salman had committed $32 million to scholarships through the Clinton Global initiative.