Clinton shell corporation “WJC, LLC” allowed non-disclosure of speaking fee revenue amounts

Hillary Clinton: secretive, entitled, hypocritical
Hillary Clinton: secretive, entitled, hypocritical

This is from James Taranto of the Wall Street Journal.

First, about the “pass-through” / “shell” corporation:

If the Clintons had any wit, they’d have called it Everyday Americans LLC. The Associated Press reports that last week’s financial disclosures by inevitable Democratic presidential nominee Hillary Clinton “omit a company with no apparent employees or assets that the former president [the candidate’s husband] has legally used to provide consulting and other services, but which demonstrates the complexity of the family’s finances.”

The company is known as WJC LLC. The first set of initials stand for William Jefferson Clinton, the second for limited liability company. As the Small Business Administration website explains, an LLC “is a hybrid type of legal structure that provides the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership.” An LLC doesn’t pay corporate income tax but rather passes profits along to its “members” (owners) as personal income.

There’s no evidence the Clintons failed to comply with the applicable laws in this matter. “Under federal ethics disclosure rules, declared candidates do not have to report assets worth less than $1,000,” the AP reports. Since WJC LLC is a “shell” or “pass-through,” which holds no assets, it falls short of that threshold by roughly a grand. The rules require Mrs. Clinton only “to identify the source of her spouse’s income and confirm that he received more than $1,000,” which she did in at least one case that “surfaced in emails from Bill Clinton’s aides to the [State] department’s ethics officials.”

But because there is no obligation to disclose how much money the spouse earned, “the precise amounts of Bill Clinton’s earned income from consulting have not been disclosed, and it’s not known how much was routed through WJC, LLC.” More is known about the Clintons’ extravagant speaking fees—“as much as $50 million” for him during her tenure as secretary of state—which went directly to them or the Clinton Foundation.

But that’s not all! When Hillary was Secretary of State, her department approved arms deals (SALE OF WEAPONS) to parties who made donations to her Clinton Foundation.

Amazing:

Graver for the Clintons is a report yesterday from David Sirota and Andrew Perez of the International Business Times. (Sirota is the left-wing author who enjoyed a dubious 15 minutes of fame in 2013 when he penned a piece for Salon titled “Let’s Hope the Boston Marathon Bomber Is a White American.”)

Sirota and Perez report that they found “dozens of arms sales,” worth $165 billion, that were “approved by Hillary Clinton’s State Department” and “placed weapons in the hands of governments that had also donated money to the Clinton family philanthropic empire.” In some cases, the sellers of the armaments were also Clinton Foundation donors. The report opens with this example:

Even by the standards of arms deals between the United States and Saudi Arabia, this one was enormous. A consortium of American defense contractors led by Boeing would deliver $29 billion worth of advanced fighter jets to the United States’ oil-rich ally in the Middle East.

Israeli officials were agitated, reportedly complaining to the Obama administration that this substantial enhancement to Saudi air power risked disrupting the region’s fragile balance of power. The deal appeared to collide with the State Department’s documented concerns about the repressive policies of the Saudi royal family.

But now, in late 2011, Hillary Clinton’s State Department was formally clearing the sale, asserting that it was in the national interest. At a press conference in Washington to announce the department’s approval, an assistant secretary of state, Andrew Shapiro, declared that the deal had been “a top priority” for [Mrs.] Clinton personally. Shapiro, a longtime aide to Clinton since her Senate days, added that the “U.S. Air Force and U.S. Army have excellent relationships in Saudi Arabia.”

These were not the only relationships bridging leaders of the two nations. In the years before Hillary Clinton became secretary of state, the Kingdom of Saudi Arabia contributed at least $10 million to the Clinton Foundation, the philanthropic enterprise she has overseen with her husband, former president Bill Clinton. Just two months before the deal was finalized, Boeing—the defense contractor that manufactures one of the fighter jets the Saudis were especially keen to acquire, the F-15—contributed $900,000 to the Clinton Foundation, according to a company press release.

Sirota and Perez also cite fishy-looking speaking fees to Mr. Clinton, such as $175,000 from the Kuwait America Foundation “paid in the same time frame as a series of deals Hillary Clinton’s State Department was approving between the Kuwaiti government and Boeing.”

And now, there are connections between the Clinton Foundation and the FIFA scandal that’s now in the news.

The radically leftist Daily Beast:

Both Bill Clinton and his family’s charity have been tied to soccer’s governing body, as well as Qatar’s disastrous World Cup bid.

And just like that, another Clinton Foundation donor is in the news.

The Clinton global charity has received between $50,000 and $100,000 from soccer’s governing body and has partnered with the Fédération Internationale de Football Association on several occasions, according to donor listings on the foundation’s website.

Several top FIFA executives were arrested Wednesday in Zurich and face corruption charges stretching back two decades, according to the U.S. Department of Justice.

Involvement with the embattled body extends beyond the foundation to Bill Clinton himself. The former president was an honorary chairman of the bid committee put together to promote the United States as a possible host nation for the 2018 or 2022 World Cup.

When the U.S. lost the 2022 bid to Qatar, Clinton was rumored to be so upset he shattered a mirror.

But apparently Qatar tried to make it up to him.

The Qatar 2022 Supreme Committee, partnering with the State of Qatar, “committed to utilizing its research and development for sustainable infrastructure at the 2022 FIFA World Cup to improve food security in Qatar, the Middle East, and other arid and water-stressed regions throughout the world,” according to the Clinton Foundation website.

The cost of the two-year project is not listed on the Clinton Foundation website, but the Qatar 2022 committee gave the foundation between $250,000 and $500,000 in 2014 and the State of Qatar gave between $1 million and $5 million in previous, unspecified years.

FIFA, which has never been a bastion of ethics, was heavily criticized for awarding the 2018 and 2022 World Cup to Russia and Qatar, respectively, in part because of their abysmal human-rights records.

The Guardian reported in 2013 about “appalling labor abuses,” including possible forced labor and worker death on Qatar’s World Cup infrastructure projects. It is also considered to be too hot to play soccer in Qatar in the summer.

Seriously, is Hillary Clinton the kind of person we want to sent to the White House?

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