Clinton Foundation / Clinton Wealth questions linger (POL)

I won't be contributing.

I know how to read a financial statement, jatki. How about you? I judge nothing. I let math judge. Math has ruled Jphelan to be a liar.

Jphelan has tried to claim the 10 million dollars on listed in the "grants" section on the tax form represents the sum total of money spent by CGI on its own causes. He also posts the CGI financial statement that shows the actual amount of charity expenditures is well over $200 million.

So Jatki, lets see if your math is better than Jphelan's. Do you recognize that $10 million does not equal $200 million? Help us out.

hoops2 has left out some of the details regarding the wheeling-and-dealing for the uranium assets. The New York Times provides some details and, most importantly, what happened after Uranium One got control of an estimated 20% of US uranium ore.

Donations to the Clinton Foundation, and a Russian Uranium Takeover
By WILSON ANDREWS APRIL 22, 2015

Uranium investors’ efforts to buy mining assets in Kazakhstan and the United States led to a takeover bid by a Russian state-owned energy company. The investors gave millions to the Clinton Foundation over the same period, while Secretary of State Hillary Rodham Clinton’s office was involved with approving the Russian bid.

SEPTEMBER 2005
Frank Giustra, a Canadian mining financier, wins a major uranium deal in Kazakhstan for his company, UrAsia, days after visiting the country with former President Bill Clinton.
[Recently when a reporter requested of Uranium One (the entity which Mr. F. Giustra's company eventually became) details about this meeting; Company officials stated the meeting never took place. When confronted with the fact that President W. Clinton displays a photograph in his office of himself with the President of Kazakhstan and Mr. Giustra at the meeting, the Company acknowledged the meeting did, in fact, take place.]

2006
Mr. Giustra donates $31.3 million to the Clinton Foundation.

FEBRUARY 2007
UrAsia merges with a South African mining company and assumes the name Uranium One. In the next two months, the company expands into the United States.

JUNE 2008
Negotations begin for an investment in Uranium One by the Russian atomic energy agency, Rosatom.

2008-2010
Uranium One and former UrAsia investors make $8.65 million in donations to the Clinton Foundation. Uranium One investors stand to profit on a Rosatom deal.

JUNE 2009
Rosatom subsidiary ARMZ takes a 17 percent ownership stake in Uranium One.

2010-2011
Investors give millions more in donations to the Clinton Foundation.

JUNE 2010
Rosatom seeks majority ownership of Uranium One, pending approval by the Committee on Foreign Investment in the United States, of which the State Department [under H. Clinton] is a member.

Rosatom says it does not plan to increase its stake in Uranium One or to take the company private. [This turns out to be a total lie; see below entry at January 2013 - DD]

JUNE 29, 2010
Bill Clinton is paid $500,000 for a speech in Moscow by a Russian investment bank with ties to the Kremlin that assigned a buy rating to Uranium One stock.

OCTOBER 2010
Rosatom’s majority ownership is approved by Committee on Foreign Investment in the United States.

JANUARY 2013
Rosatom takes full control of Uranium One and takes it private. [See - DD said it was a lie !]

Conclusion:
After (1) significant contributions to the Clinton Foundation and (2) significant reimbursements to President W. Clinton - including $500,000 for a single speech - and (3) approval of majority ownership of Uranium One by the Rosatom - the Russian Atomic Energy Agency by, among others Secretary of State H. Clinton, . . . Rosatom now owns a company which in turn owns an estimated 20% of United States uranium ore.

Or, putting it another way, . . . Vladimir Putin controls 20% of US uranium ore assets. And, historically Russia has been known to sell nuclear reactors, reactor fuel (i.e. uranium), and nuclear technology to, f'rinstance, Iran.

Whew ! It's really, really wonderful that President Obama is insuring that Iran will not develop an atomic bomb.

Or, putting it yet another way, . . . ""What difference – at this point, what difference does it make?" -- H. Clinton

5 years of tax returns are being redone. Obviously something is wrong

Don't forget this: "Whether the donations played any role in the approval of the uranium deal is unknown."

How Whitewatery! Maybe the Republicans in Congress should spend another $70 million on supposition and innuendo.

PJ - I am disappointed in you. You prefer unaudited financial information from a corporate "glossy" publication over Audited financial statements and tax returned. I wish you luck in the investment world - you will need it.

If you look at what my post contained, it contained two items from YOUR LINK. The first was general and "unaudited" and showed expenditures by program. This unaudited statement required no breakdown of salaries or actually how much was spent on charitable causes. The IRS is a little more picky and they want further breakdowns, like how much actually went to the charity and how much is spent on salaries. So, I published the information for the largest foundation - "The Clinton Health Access Initiative".

Anyway, you can see that this one "Charitable Initiative" took in $117.4M of revenue and spent $49M on salaries and $46M on "other" expenses. Only $10m was paid out in the form of grants.

I would not donate to such a poorly run charity......unless I were buying influence.

Call me a liar ---- it is Clinton Strategy #2 - marginalize the messenger.

Figures don't Lie - but Liars figure.

I'll go with just something simple...Take in about $118mil pay $49mil in salary.

Charity?

Right. Everyone knows Canadian Uranium Mining Investors are some of the most charitable people in the world. I'm sure they give millions of dollars to a wide variety of US charitable foundations.

From The New York Times:
"As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation. Uranium One’s chairman used his family foundation to make four donations totaling $2.35 million. Those contributions were not publicly disclosed by the Clintons, despite an agreement Mrs. Clinton had struck with the Obama White House to publicly identify all donors. Other people with ties to the company made donations as well."

Wait a minute, . . . Secretary of State H. Clinton agreed that she would publicly identify all Clinton Foundation donors when she assumed the position of Secretary of State, and then she failed to do so ? Why would she do such a thing ?
Poor old unsophisticated DonDiego is surprised, . . . yet again.
Perhaps if H. Clinton could release all her correspondence from the personal-Clinton-server to live up to her promise to the Obama administration, even if it is after the fact. Oh, wait ! Never mind.

DonDiego supposes the only way to get to the bottom of this potential malfeasance would be if some of H. Clinton's precious bodily fluids were to have stained an associate's clothing. That's how the truth about W. Clinton was finally revealed.

Slick Hilly? Nah...I'm sure it just slipped her mind. She's getting up there in years, you know.