The real sources of Bill Clinton's speaking fees
Exclusive: Dick Morris explains differences between Hillary's
filings and her husband's
Dick Morris
The Clintons lined their joint bank accounts with millions of
dollars from Bill’s speaking fees from foreign governments,
government related organizations and multinational corporations.
But you won’t see all of the details on Hilary’s mandatory
financial reports filed and publicized while she was secretary
of state.
Was she hiding something from us?
Sure looks like it, because Hillary’s financial disclosures
routinely omitted the sponsorships of many of Bill’s lucrative
speeches. Federal law required her to publicly disclose the
“source” of honoraria to Bill, but she apparently interpreted
that to mean the entity that wrote the check, not the entity
that paid or contributed to it.
Bill had no duty to publicly disclose anything. But in a Jan.
9, 2009, letter to the State Department ethics officer, Clinton
lawyer David Kendall volunteered that “President Clinton would
provide the “identities of the host(s) (the entities that pay
the speaker’s fee) of proposed paid speeches.” And he did.
But Hillary’s public list of payees for speeches is a lot
different than Bill’s private list.
A comparison of the two shows a wide disparity in what he
told them and what she told us. Thanks to Judicial Watch’s
Freedom of Information lawsuit, Bill’s filings are public and
reveal who is really paying the Clintons.
Here are some of the highlights:
- Hillary disclosed “Power Within” as the source of five
speeches in 2009 and 2010, totaling $955,000. Power Within,
produced by lifestyle guru Anthony “Tony” Robbins, was the
event planner. But the sponsor for the events was TD Bank, a
major investor and proponent of the Keystone Pipeline, which
Hillary’s State Department had to approve. Hillary mentioned
nothing about the generous benefactor and ignored her
blatant conflict of interest.
- The Vancouver Board of Trade was listed as the source of
a 2009 speech for $175,000, but according to Bill, TD Bank
was one of several sponsors. Was there something about this
$1,130,000 from TD Bank Hillary didn’t want us to
know?Hillary did disclose an additional $455,000 from TD in
2009 and 2010, so the total take from TD for the two years
was $1,585,000.
- Teck Resources, Ltd.,a Canadian mining company was a
co-sponsor at the Vancouver event. Donald Lindsey, CEO of
Teck is also the president of the Vancouver Board of Trade.
Bill Clinton announced a partnership with Teck Resounces for
a “Zinc Nutrition Initiative” to eliminate zinc deficiencies
in poor countries. Teck is also a contributor to the
Clinton-Guistra Sustainable Growth Initiative.
- Hillary disclosed the Silicon Valley Business
Information Council as the “source” for an October 21, 2011,
speech for $200,000. But Bill’s filing indicated that the
money came, in part, from the Suzhou People’s Government, a
provincial People’s Republic of China (“PRC”) government.
Additional sponsors included the California State Friendship
Committee, an organization that fosters relationships with
China and California legislators. The Committee paid for a
trip by Rep. Mike Honda to China to meet government
ministers. Another sponsor was the China Association of
Science and Technology Industry Parks, another Chinese
government-related organ.
- A $300,000 speech to FOSUN in New York was listed by
Hillary, but Bill’s submission indicated that it was FOSUN
Intl., a Chinese conglomerate and Prudential Financial that
sponsored the event. The event was moderated by Fosun CEO
Guo Guangchang, an active member of elite PRC political
committees, such as the Chinese People’s Political
Consultative Conference, Standing Committee of All-China
Federation of Industry and Commerce. And Prudential
Financial participated in CGI, the Clinton Global
Initiative. Get the picture?
- A $150,000 fee Hillary disclosed as coming from the
Canadian National Exhibition, Toronto Canada. Nothing
indicated that this was funded by Canadian tax money. Local
newspapers reported that only 9,000 of the 25,000 tickets
available were sold and that taxpayers might have to foot
the bill because of the terms of a federal grant to cover
the costs. Coca-Cola was one of the corporate sponsors of
the CNE and has been a partner in several CGI projects.
- A speech to C3 Summit, LLC was disclosed by Hillary.
Bill indicated he would be giving the keynote address to the
C3 Summit on U.S.-Arab Relations. The main sponsor was the
Government of Bermuda, which promoted Bermuda as a Shariah
law-friendly financial center.
- Hillary’s disclosure of a $325,000 speech to Magic
Dreams Productions did not mention another sponsor, the
Panama Government Authority on Tourism, that Bill had
disclosed.
- Hillary disclosed Bill’s $500,000 speech i to Nova
Nordisk in Dubai. That speech was sponsored by the UAE
Minister of Health. Novo Nordisk participated in CGI.
- The disclosure of Abu Dhabi Global Environmental Data
Initiative (AGEDI) does not mention that it, too, is a UAE
government-sponsored initiative.The UAE has donated between
$10-20 million to the Clinton Foundation.
- Hillary disclosed a speech in Egypt for the American
Chamber of Commerce for $250,000. Bill disclosed it as the
American Chamber of Commerce in Egypt and a sponsor of
Etisalat, a UAE government-related company that provides 60
percent of its profits to the UAE government.
- A Uni Strategic speech in Taiwan for $400,000 is listed
on Hillary’s financial; Citibank, Taiwan, and HSBC, Taiwan
were sponsors.
- Hillary disclosed the speech for $300,000 for the
Tanmiah Group in Saudi Arabia, without mentioning it was a
group with strong government ties and that the speech was to
the Global Competitiveness Forum, hosted by the Kingdom of
Saudi Arabia.Saudi Arabian interests have donated between
$30-60 million to the Clinton Foundation.
If foreign governments were to send the U.S. secretary of
state checks totaling millions of dollars for her personal use,
it would trigger a big scandal. But, disguised as speaking fees
for Bill Clinton, few questions were asked.
Given Hillary’s filings, which are misleading at best, its
time to start asking some serious questions.
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