Railroading innocent persons into prison, or extracting outsized cash settlements from them, is now a defining feature of what passes for civil rights in America. The possibility of such an outcome explains why Kendrick Johnson, a Valdosta, Georgia black teen who died in a freak accident at his high school nearly three years ago, has become a rallying symbol for “anti-racist” activists.
The appearance for some time has been that the State Department under Hillary Clinton was turned into sort of a shakedown operation for the Clinton Foundation. Now Alana Goodman of the Washington Free Beacondetails how the Foundation, supposedly a nonprofit entity, operated a private equity fund in Colombia, one of the most corrupt places on earth.
The fund was known as Fondo Acceso, and its “investors” included Mexican crony capitalist Carlos Slim (in photo), a billionaire. Of course, the Clinton Foundation will not say much about how the fund actually operated. From the story:
Submitted by NLPC Staff on Tue, 11/10/2015 - 16:14
CNN reports today on the recently passed “democracy voucher” initiative in Seattle, and other proposals for taxpayer funding of election campaigns. From the story:
But Ken Boehm, chairman of the right-leaning National Legal and Policy Center, argues the reform movement has a basic flaw, as candidates who accept the vouchers are blown out of the water by bigger spenders.
"If the opponent signs up for this, they get their little vouchers and they can send out some posters and stuff, but in terms of voter contact, they're getting creamed," Boehm said. "I don't know how they address that and they can't, because constitutionally you can't put an overall cap on spending."
Alana Goodman of the Washington Free Beaconreports today that emails released by the State Department show that a Clinton Foundation donor asked the State Department to help his company secure loans from the Overseas Private Investment Corporation (OPIC) to build Marriott Hotels in Haiti.
The circumstances add to the impression that under Hillary Clinton the State Department often resembled a commercial enterprise, with the proceeds pouring into the Clinton Foundation. As the article details, Marriott International, its partners and affiliates, and the developer, Richard L. Friedman of Boston, flooded the Clinton Foundation with donations. From the article:
The Supreme Court has declined to hear an appeal from Rep. Charles Rangel (D-NY) who was seeking to overturn his Censure by the House of Representatives. Lower courts had ruled that they have no jurisdiction over internal workings of the House.
Rangel was Censured by the by the entire House of Representatives on December 2, 2010 by a vote of 333-79, the first such action in 27 years.
The action was the result, in part, of investigations by NLPC. Among the counts alleged by the Ethics Committee were Rangel’s failure to pay taxes on rental income from a Dominican Republic beach house, and his failure to report hundreds of thousands in income and assets on his financial disclosure forms.
If there is an issue that has united popular indignation, Left and Right alike, executive compensation surely ranks near or at the top. But the bipartisan opposition to recent pay increases for the CEOs of mortgage conduits Fannie Mae and Freddie Mac, while highly understandable, misses the larger point. Several months ago, these companies, which account for nearly half the outstanding home mortgage debt in the U.S. and which since 2008 have been wards of the government, announced plans to raise annual CEO pay from $600,000 to $4 million. Their overseer, the Federal Housing Finance Agency, approved the hikes. In response, Congress overwhelmingly has passed (or is on the verge of passing) bills to roll them back. Lawmakers would do better to allow the firms to operate freely and without subsidies.