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Clinton charity gave $2M to company owned by Bill’s ‘friend’
New York Post 19 hours ago Bill Clinton’s foundation doled out $2 million to a power company partly owned by a wealthy blond divorcée — who some say is the frequent visitor to his home nicknamed “Energizer.” The “commitment” to Julie Tauber McMahon’s firm from the Clinton Global Initiative was placed on its 2010 conference agenda at Clinton’s urging, the Wall Street Journal reported on Thursday. The initiative “commits $2 million to support the work of Energy Pioneer Solutions, a company founded to deliver energy savings to communities in rural America,” said a 2010 statement from the charity.
Bank of America: We are witnessing a stock market 'exodus'
Sam Ro,Yahoo Finance 11 hours ago
Amid the recent volatility in the markets, investors have been pulling funds out of equities.
"The 2015 retreat from US equities by retail investors appeared to be fading as 2016 got off to a less onerous start," Credit Suisse's Lori Calvasina said on Thursday. "But the improving trend has reversed, with severe outflows seen in April."
According to a new report from Bank of America Merrill Lynch, equity funds saw $7.4 billion in outflows in the past week.
The cumulative outflow from equity funds over the past five weeks was $44 billion. BAML's Michael Hartnett, who characterized this as an "equity exodus," noted that this was the largest redemption over a 5-week period since August 2011.
SHOCK POLL: Trump Leads Hillary Among Hispanic Voters
Published May 13, 2016
Facebook47 Twitter0 livefyre73 Email Print
AP
By Alex Pfeiffer, Daily Caller
Donald Trump leads Hillary Clinton by ten points among Hispanic voters, according to a shocking new general election match-up poll released Friday.
Shell Oil Spill Dumps Thousands Of Barrels Of Crude Into Gulf Of Mexico
An oil sheen of 2 miles by 13 miles could be seen off the Louisiana coast.
05/12/2016 09:55 pm ET
18 K
Rick Wilking / Reuters
HOUSTON (Reuters) - A 2,100-barrel oil spill in the U.S. Gulf of Mexico forced Royal Dutch Shell on Thursday to shut in all wells that flow to its Brutus platform, federal regulators said.
The U.S. Bureau of Safety and Environmental Enforcement (BSEE) said a 2 mile by 13 mile (about 3 km by 21 km) sheen was visible in the sea about 97 miles off the Louisiana coast.
About 88,200 gallons was reportedly released from the pipeline, the Coast Guard said, adding the source of the discharge was reported as secured.
The sheen is near Shell’s Glider Field, a group of four subsea wells whose production flows through a subsea manifold to the Brutus platform, which sits in water with a depth of 2,900 feet (884 m).
In a statement, Shell spokesman Curtis Smith said a company helicopter observed the sheen on Thursday, and that the wells were under control after it isolated the leak and shut in production.
“There are no drilling activities at Brutus, and this is not a well control incident,” Shell said.
‘We’re running a f—ing casino’: Politician tells all in manifesto
By Carl Campanile
May 13, 2016 | 12:12am
Modal Trigger
Photo: Getty Images
More On:
An anonymous congressman has dropped a bombshell election-year book that confirms why Americans hate their national government and have rallied to anti-establishment presidential candidates like Donald Trump.
The veteran politician lays bare a rotten and corrupt Congress enslaved by lobbyists and interested only in re-election in an anonymous, 65-page manifesto called “The Confessions of Congressman X.”
“Like most of my colleagues, I promise my constituents a lot of stuff I can never deliver,” he admits. “But what the hell? It makes them happy hearing it . . . My main job is to keep my job.”
The House member — a Democrat who is either still in Congress or served sometime over the past two decades — says more time is spent fundraising than reading bills and calls Washington a “sinkhole of leeches.”
The title of one chapter sums up his view of congressional leaders: “Harry Reid’s a Pompous Ass,” he says of the Senate Democratic leader.
The book, published by the small Mill City Press, is based on years of transcribed private discussions, which the congressman last November gave editor Robert Atkinson.
Atkinson declined to say whether Congressman X is a current or former House member.
Revealing: NYT Exposes Clinton Foundation for Shady Financial and Business Deals
Kate Andrews
|
Posted: Aug 14, 2013 11:33 AM
The New York Times is back online, citing their temporary shutdown as “technical difficulties” as result of an “internal issue.”
Poor timing, as the left-leaning news source published a devastating report earlier this morning, detailing the shady deals and conflicts of interest surrounding the Clinton Foundation; an organization that has been ‘off limits’ to conservative critics, who feared criticism would be received poorly due to the noble, charitable efforts of the foundation.
The report, which came back on-line early Wednesday afternoon, reveals that the Clintons have used the charitable foundation to promote other goals, including Bill Clinton’s business ventures and Hillary Clinton’s political aspirations; this has led to some unsettling consequences.
According to The Times, the foundation is in disarray:
“For all of its successes, the Clinton Foundation had become a sprawling concern, supervised by a rotating board of old Clinton hands, vulnerable to distraction and threatened by conflicts of interest. It ran multimillion-dollar deficits for several years, despite vast amounts of money flowing in.”
The Times highlighted Douglas J. Band, “a onetime personal assistant to Mr. Clinton who had started a lucrative corporate consulting firm -- which Mr. Clinton joined as a paid adviser -- while overseeing the Clinton Global Initiative” as a prime example of an employee with conflicted interests. Band’s private firm, Teneo, charged its clients fees as high as $250,000 per month—clients that were also Clinton Foundation donors.
“Some Clinton aides and foundation employees began to wonder where the foundation ended and Teneo began.”
It also highlighted the rocky financial standing of the foundation, both during and after then-Senator Clinton’s bid for the presidency in 2008. It appears regular foundation donors were snagged by the Clinton campaign for donations, plunging the foundation into a multi-million dollar deficit.
“The foundation’s expansion has also been accompanied by financial problems. In 2007 and 2008, the foundation also found itself competing against Mrs. Clinton’s presidential campaign for donors…The foundation piled up a $40 million deficit during those two years, according to tax returns. Last year, it ran more than $8 million in the red.”
The report also solidified the Clinton’s reputation to cater to celebrity donors--usually by spending unjustifiable amounts of money on them--or to take large donations from corporate sponsors in return for prime time publicity—something the Foundation strictly prohibits. Examples from the report include:
“In 2009, during a Clinton Global Initiative gathering at the University of Texas at Austin, the foundation purchased a first-class ticket for the actress Natalie Portman, a special guest, who brought her beloved Yorkie, according to two former foundation employees.”
In March 2012, David Crane, the chief executive of NRG, an energy company, led a widely publicized trip with Mr. Clinton to Haiti, where they toured green energy and solar power projects that NRG finances through a $1 million commitment to the Clinton Global Initiative.”
The report will not come as a shock to all— the Better Business Bureau reviewed the Clinton Foundation in 2012 and found that it failed to meet the standards of an accountable charity on six counts, mostly due to lack of financial disclosure.
New York Post 19 hours ago Bill Clinton’s foundation doled out $2 million to a power company partly owned by a wealthy blond divorcée — who some say is the frequent visitor to his home nicknamed “Energizer.” The “commitment” to Julie Tauber McMahon’s firm from the Clinton Global Initiative was placed on its 2010 conference agenda at Clinton’s urging, the Wall Street Journal reported on Thursday. The initiative “commits $2 million to support the work of Energy Pioneer Solutions, a company founded to deliver energy savings to communities in rural America,” said a 2010 statement from the charity.
Bank of America: We are witnessing a stock market 'exodus'
Sam Ro,Yahoo Finance 11 hours ago
Amid the recent volatility in the markets, investors have been pulling funds out of equities.
"The 2015 retreat from US equities by retail investors appeared to be fading as 2016 got off to a less onerous start," Credit Suisse's Lori Calvasina said on Thursday. "But the improving trend has reversed, with severe outflows seen in April."
According to a new report from Bank of America Merrill Lynch, equity funds saw $7.4 billion in outflows in the past week.
The cumulative outflow from equity funds over the past five weeks was $44 billion. BAML's Michael Hartnett, who characterized this as an "equity exodus," noted that this was the largest redemption over a 5-week period since August 2011.
SHOCK POLL: Trump Leads Hillary Among Hispanic Voters
Published May 13, 2016
Facebook47 Twitter0 livefyre73 Email Print
AP
By Alex Pfeiffer, Daily Caller
Donald Trump leads Hillary Clinton by ten points among Hispanic voters, according to a shocking new general election match-up poll released Friday.
Shell Oil Spill Dumps Thousands Of Barrels Of Crude Into Gulf Of Mexico
An oil sheen of 2 miles by 13 miles could be seen off the Louisiana coast.
05/12/2016 09:55 pm ET
18 K
Rick Wilking / Reuters
HOUSTON (Reuters) - A 2,100-barrel oil spill in the U.S. Gulf of Mexico forced Royal Dutch Shell on Thursday to shut in all wells that flow to its Brutus platform, federal regulators said.
The U.S. Bureau of Safety and Environmental Enforcement (BSEE) said a 2 mile by 13 mile (about 3 km by 21 km) sheen was visible in the sea about 97 miles off the Louisiana coast.
About 88,200 gallons was reportedly released from the pipeline, the Coast Guard said, adding the source of the discharge was reported as secured.
The sheen is near Shell’s Glider Field, a group of four subsea wells whose production flows through a subsea manifold to the Brutus platform, which sits in water with a depth of 2,900 feet (884 m).
In a statement, Shell spokesman Curtis Smith said a company helicopter observed the sheen on Thursday, and that the wells were under control after it isolated the leak and shut in production.
“There are no drilling activities at Brutus, and this is not a well control incident,” Shell said.
‘We’re running a f—ing casino’: Politician tells all in manifesto
By Carl Campanile
May 13, 2016 | 12:12am
Modal Trigger
Photo: Getty Images
More On:
An anonymous congressman has dropped a bombshell election-year book that confirms why Americans hate their national government and have rallied to anti-establishment presidential candidates like Donald Trump.
The veteran politician lays bare a rotten and corrupt Congress enslaved by lobbyists and interested only in re-election in an anonymous, 65-page manifesto called “The Confessions of Congressman X.”
“Like most of my colleagues, I promise my constituents a lot of stuff I can never deliver,” he admits. “But what the hell? It makes them happy hearing it . . . My main job is to keep my job.”
The House member — a Democrat who is either still in Congress or served sometime over the past two decades — says more time is spent fundraising than reading bills and calls Washington a “sinkhole of leeches.”
The title of one chapter sums up his view of congressional leaders: “Harry Reid’s a Pompous Ass,” he says of the Senate Democratic leader.
The book, published by the small Mill City Press, is based on years of transcribed private discussions, which the congressman last November gave editor Robert Atkinson.
Atkinson declined to say whether Congressman X is a current or former House member.
Revealing: NYT Exposes Clinton Foundation for Shady Financial and Business Deals
Kate Andrews
|
Posted: Aug 14, 2013 11:33 AM
The New York Times is back online, citing their temporary shutdown as “technical difficulties” as result of an “internal issue.”
Poor timing, as the left-leaning news source published a devastating report earlier this morning, detailing the shady deals and conflicts of interest surrounding the Clinton Foundation; an organization that has been ‘off limits’ to conservative critics, who feared criticism would be received poorly due to the noble, charitable efforts of the foundation.
The report, which came back on-line early Wednesday afternoon, reveals that the Clintons have used the charitable foundation to promote other goals, including Bill Clinton’s business ventures and Hillary Clinton’s political aspirations; this has led to some unsettling consequences.
According to The Times, the foundation is in disarray:
“For all of its successes, the Clinton Foundation had become a sprawling concern, supervised by a rotating board of old Clinton hands, vulnerable to distraction and threatened by conflicts of interest. It ran multimillion-dollar deficits for several years, despite vast amounts of money flowing in.”
The Times highlighted Douglas J. Band, “a onetime personal assistant to Mr. Clinton who had started a lucrative corporate consulting firm -- which Mr. Clinton joined as a paid adviser -- while overseeing the Clinton Global Initiative” as a prime example of an employee with conflicted interests. Band’s private firm, Teneo, charged its clients fees as high as $250,000 per month—clients that were also Clinton Foundation donors.
“Some Clinton aides and foundation employees began to wonder where the foundation ended and Teneo began.”
It also highlighted the rocky financial standing of the foundation, both during and after then-Senator Clinton’s bid for the presidency in 2008. It appears regular foundation donors were snagged by the Clinton campaign for donations, plunging the foundation into a multi-million dollar deficit.
“The foundation’s expansion has also been accompanied by financial problems. In 2007 and 2008, the foundation also found itself competing against Mrs. Clinton’s presidential campaign for donors…The foundation piled up a $40 million deficit during those two years, according to tax returns. Last year, it ran more than $8 million in the red.”
The report also solidified the Clinton’s reputation to cater to celebrity donors--usually by spending unjustifiable amounts of money on them--or to take large donations from corporate sponsors in return for prime time publicity—something the Foundation strictly prohibits. Examples from the report include:
“In 2009, during a Clinton Global Initiative gathering at the University of Texas at Austin, the foundation purchased a first-class ticket for the actress Natalie Portman, a special guest, who brought her beloved Yorkie, according to two former foundation employees.”
In March 2012, David Crane, the chief executive of NRG, an energy company, led a widely publicized trip with Mr. Clinton to Haiti, where they toured green energy and solar power projects that NRG finances through a $1 million commitment to the Clinton Global Initiative.”
The report will not come as a shock to all— the Better Business Bureau reviewed the Clinton Foundation in 2012 and found that it failed to meet the standards of an accountable charity on six counts, mostly due to lack of financial disclosure.
