ANOTHER DAY, ANOTHER SCANDAL – AT 8:14 A.M. ET: Why don't we just say that the Clintons are a public embarrassment, and that the election of Hillary Clinton would raise questions about the moral values of the American people. From Fox:
The newly released financial files on Bill and Hillary Rodham Clinton's growing fortune omit a company with no apparent employees or assets that the former president has legally used to provide consulting and other services, but which demonstrates the complexity of the family's finances.
Because the company, WJC, LLC, has no financial assets, Hillary Clinton's campaign was not obligated to report its existence in her recent financial disclosure report, officials with Bill Clinton's private office and the Clinton campaign said. They were responding to questions by The Associated Press, which reviewed corporate documents.
The officials, who spoke on condition of anonymity because they were not authorized to provide private details of the former president's finances on the record, said the entity was a "pass-through" company designed to channel payments to the former president.
Under federal ethics disclosure rules, declared candidates do not have to report assets worth less than $1,000. But the company's existence demonstrates the complexity of tracking the Clintons' finances as Hillary Clinton ramps up her presidential bid.
While Bill Clinton's lucrative speeches have provided the bulk of the couple's income, earning as much as $50 million during his wife's four-year term as secretary of state in the Obama administration, the former president has also sought to branch out into other business activities in recent years. Little is known about the exact nature and financial worth of Bill Clinton's non-speech business interests.
COMMENT: And the worst part is that some of the untrackable money may come from foreign enemies of the United States. And who is backing these "business activities"?
It's hard to believe that America would elect a president like Hillary Clinton, with so many ethics clouds hanging over her and her husband. But, of course, America elected Barack Obama, who had no visible qualifications for the job.
May 27, 2015 |