Bill Clinton

Hillary Emails Shed Light on Clintons’ Role in Loan to Fraudster

The latest batch of publicly-released State Department emails provide more evidence that a $10 million loan from the Overseas Private Investment Corporation (OPIC) to Clinton Foundation donor Claudio Osorio was made as a result of pressure from Bill and Hillary Clinton.

The loan to a company named InnoVida, owned by Osorio, was supposed to be for building houses in earthquake-ravaged Haiti, but Osorio used the money to finance a lavish lifestyle. Osorio is currently in prison for fraud. OPIC is an independent agency but submits its budget through the State Department.

Clintons Pushed OPIC Loan to Fraudster Claudio Osorio

Alana Goodman of the Washington Free Beacon today details how the Clintons pushed for a $10 million loan from the Overseas Private Investment Corporation (OPIC) to Clinton Foundation donor Claudio Osorio, who now sits in a federal penitentiary, serving a 12-year term for fraud.

The loan was rushed through and Osorio was never required to provide an audited financial statement. The loan was supposed to be for building houses in earthquake-ravaged Haiti, but Osorio instead used the money to fund a lavish lifestyle and to buy off politicians.

Who Paid for Weiner's Wedding?

Weiner and HumaCharles Johnson of the Daily Caller reports:

Anthony Weiner may have violated federal law when he failed to disclose his lavish six-figure wedding in his financial disclosure forms, says a government accountability group.

Ethics watchdog group National Legal and Policy Center examined the federal Financial Disclosure Reports for both Weiner and long-suffering wife Huma Abedin for 2010, the year of their wedding.

The cost for the ceremony was at least $100,000 but probably ran closer to $250,000 including all accommodations, clothing and extras. Neither Weiner nor Abedin had the resources to pay for the ultra-expensive wedding, yet neither recorded gifts on their Financial Disclosure Reports for that year.

Click here to read the entire article.

When Will Media Report That Corporate Cash is Behind Green Activism?

light bulb/moneyPolitico reported yesterday that "it's not easy being green anymore," allegedly because of environmental groups' failure to score political victories even when news events are in their favor, such as the BP Gulf of Mexico oil disaster and the Japan nuclear reactor drama. And initiatives such as cap-and-trade failed despite the environoiacs' having a Democrat-dominated Congress and executive branch in 2009 and 2010. From the news story:

Bill Lann Lee Involved With Group That Defended Terror Lawyer

Bill Lann LeeBill Lann Lee, a former U.S. Assistant Attorney General who served during the Clinton administration, is deeply involved with a group that donated thousands of dollars for the legal defense of convicted terrorist lawyer Lynne Stewart.

Five-and-a-half years after being convicted of providing material support for terrorism, Stewart last month was resentenced to ten years.

Lee, who was Bill Clinton's top civil rights officer from 1997-2000, is a donor to, and serves on the advisory board of, the Impact Fund. The Berkeley-based foundation directed a $5,000 grant to the Lynne Stewart Defense Committee in 2006.

Soros' Investment in Terror Lawyer Backfires

Soros photoFive-and-a-half years after being convicted of providing material support for terrorism, terror lawyer Lynne Stewart finally received a sentence commensurate with her crime. She was resentenced last week to ten years. But if George Soros had his way, she would be free today.

Stewart made a career out of defending street criminals and terrorists, including Sammy "The Bull" Gravano (pleaded guilty), Weather Underground terrorist David J. Gilbert (convicted), and Larry Davis (acquitted of wounding six policemen and killing several others in 1986, only to be convicted of a later murder and killed in prison). It should have come as no surprise that Stewart, who worked "less than a mile from where the World Trade Center once stood," represented "the Blind Sheikh" Omar Abdel Rahman.

ShoreBank President Uses Saul Alinsky Playbook

Rules for RadicalsLast week the Chicago Tribune reported that Illinois Finance Authority chairman Bill Brandt threatened “a firestorm” in the Windy City if the Federal Reserve did not follow through with a bailout of South Side-based ShoreBank. This followed some reported pressure applied by the Obama Administration on companies like Goldman Sachs, Citigroup, GE Capital, Bank of America, and Chase, who were asked to kick in $20 million each to make politically-backed community lender appear eligible to receive TARP funds. 

Turns out the preference for Chicago-type coercion goes right to the top (and the origins) of the troubled bank itself.

White House Denial on ShoreBank is Sestak-Like

Shorebank logoIllinois Republican Rep. Judy Biggert on Wednesday inserted into the financial regulatory reform bill an amendment calling for an investigation of efforts to rescue ShoreBank. Meanwhile the White House issued denials that it pushed for a bailout of the politically-favored community lender. The Chicago Sun-Times reported yesterday:

As Chicago's ShoreBank struggles to survive, the Obama White House issued a strong statement Wednesday denying that it is interfering in any way with federal regulators or influencing financial institutions willing to pump money into the bank.

White House Bails Out ‘Clinton’s Favorite Bank’ Through Goldman Sachs, Citigroup, GE

Shorebank logoCongressman Spencer Bachus of Alabama must feel like he’s experiencing déjà vu all over again.

The Ranking Republican on the Financial Services Committee last month asked the Obama Administration to explain its role in the bailout of Chicago-based ShoreBank, a lending institution favored by the community organizing and green job creating crowds. Hundreds of similar-sized others were allowed to fail, but several “too big to fail” banks (who survived thanks to TARP money) were reportedly pressured into a joint effort to rescue ShoreBank. Bachus sent the president a letter, then issued a press release:

Holder Condemns Bribery But What About Sestak?

Holder/Obama photoEven as Attorney General Eric Holder has defanged the Public Integrity section of the Justice Department, and snuffed out prosecutions of members of Congress, he claimed today in Paris that “combating corruption is one of the highest priorities of the Department of Justice.”

Ironically, Holder’s remarks were delivered in support of international efforts to combat bribery. Holder bragged:

U.S. law enforcement has pursued bribe payers of all stripes: large corporations and small companies; powerful CEOs and low-level sales agents; U.S. companies and foreign issuers; citizens and foreign nationals; direct payers and intermediaries.

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