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Octafish

(55,745 posts)
Mon Feb 29, 2016, 12:35 PM Feb 2016

The Clintons: First Family of Fundraising

1992-2014 (Interactive at the source):



How Hillary and Bill Clinton Raised $1.4 Billion

Together, the Clintons have become two of the most impressive fundraisers in American history. Use the interactive graphic to see the many ways their supporters' money has been collected over the years.


by Alexander Ho, Pratheek Rebala, Michael Scherer
TIME, July 24, 2014

There are great American political fundraisers. And then there are Hillary and Bill Clinton, the first couple of American political fundraising. Few in American history have collected and benefited from so much money in so many ways over such a long period of time. Since they arrived on the national political scene 32 years ago, the Clintons have attracted at least $1.4 billion in contributions, according to a review of public records by TIME and the Center for Responsive Politics.

That sum helps illustrate Hillary Clinton’s enormous advantage should she decide to run for President in 2016. Much of the money, raised through two Senate and three Presidential campaigns, was gathered together in small checks by an extensive network of donors and fundraisers. Other donations came in the form of six-figure “soft money” donations from wealthy individuals during Bill Clinton’s presidency. A third category includes money the couple has raised for the Clinton Foundation, the family’s global non-profit, through speaking engagements for Bill Clinton, and through outside political spending that benefitted the Clinton efforts.

The records also show a select group of top donors who have given in multiple ways to the Clintons over the years. Many of these same donors, including people like S. Daniel Abraham, founder of diet supplement company Slim Fast, and Susie Tompkins Buell, founding of the clothing company Espirit, have formed personal friendships with the Clintons, even as they have continued to pursue public policy campaigns around issues like U.S. relations with Israel and the Keystone XL pipeline.

Through the years, the Clintons have adjusted over time to the changing rules that govern political contributions. Craig Smith, a longtime adviser to the Clintons who is now helping to organize the Ready for Hillary PAC, estimates that a Hillary 2016 candidacy could cost as much as $1.7 billion, including the money raised and spent on her behalf by outside groups. That would make the effort about 150% more expensive than the 2012 Obama effort, an increase in line with historical norms.

CONTINUED...

http://time.com/clinton-money/

PS: I understand it's the mother's milk of politics, but that's what makes the influence of money so UNDEMOCRATIC.

10 replies = new reply since forum marked as read
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The Clintons: First Family of Fundraising (Original Post) Octafish Feb 2016 OP
Kickin' Faux pas Feb 2016 #1
Where a little has trickled in from since then: Canadian Banks backing Keystone XL-Pipeline Octafish Feb 2016 #3
K & R AzDar Feb 2016 #2
TIME focusing on the Clintons made me realize who TIME was protecting... Octafish Feb 2016 #8
The Clintons aren't just owned by the Oligarchy. They ARE the Oligarchs. 99th_Monkey Feb 2016 #4
Exactly. I keep hoping they'll crack open Vonnegut's door for the rest of us. Octafish Feb 2016 #5
Good one Octafish. nt 99th_Monkey Feb 2016 #7
K&R#12, Sir. bobthedrummer Feb 2016 #6
Kick. bobthedrummer Mar 2016 #9
What a family... bobthedrummer Mar 2016 #10

Octafish

(55,745 posts)
3. Where a little has trickled in from since then: Canadian Banks backing Keystone XL-Pipeline
Mon Feb 29, 2016, 01:26 PM
Feb 2016
Banks Behind Hillary Clinton's Canadian Speeches Really Want The Keystone Pipeline

by Paul Blumenthal and Ryan Grim
The Huffington Post, May 31, 2015

WASHINGTON -- Two Canadian banks tightly connected to promoting the controversial Keystone XL pipeline in the United States either fully or partially paid for eight speeches made by former Secretary of State Hillary Clinton in the period not long before she announced her campaign for president. Those speeches put more than $1.6 million in the Democratic candidate's pocket.

Canadian Imperial Bank of Commerce and TD Bank were both primary sponsors of paid Clinton speeches in 2014 and early 2015, although only the former appears on the financial disclosure form she filed May 15. According to that document, CIBC paid Clinton $150,000 for a speech she gave in Whistler, British Columbia, on Jan. 22, 2015.

Clinton reported that another five speeches she gave across Canada were paid for by tinePublic Inc., a promotional company known for hosting speeches by world leaders and celebrities. Another speech was reported as paid for by the think tank Canada 2020, while yet another speech was reportedly funded by the Vancouver Board of Trade. But a review of invitations, press releases and media reports for those seven other speeches reveals that they, too, were either sponsored by or directly involved the two banks.

Both banks have financial ties to TransCanada, the company behind the Keystone XL pipeline, and have advocated for a massive increase in pipeline capacity, including construction of Keystone. Further, Gordon Giffin, a CIBC board member and onetime U.S. ambassador to Canada, is a former lobbyist for TransCanada and was a contributions bundler for Clinton’s 2008 presidential campaign.

It is not immediately clear what the sponsorship of speeches by the two banks entailed. Did they pay upfront costs to tinePublic to cover Clinton’s fees? Did they purchase a large number of tickets to underwrite the event? The banks themselves were not helpful on that score.

CONTINUED...

http://www.huffingtonpost.com/2015/05/31/hillary-clinton-speeches-keystone_n_7463108.html

Nothing personal. It's business.

Octafish

(55,745 posts)
8. TIME focusing on the Clintons made me realize who TIME was protecting...
Mon Feb 29, 2016, 03:22 PM
Feb 2016

...the First Family of Organized Crime made America's national treasure disappear.



The Barreling Bushes

Four generations of the dynasty have chased profits through cozy ties with Mideast leaders, spinning webs of conflicts of interest


by Kevin Phillips
The Los Angeles Times, January 11, 2004

WASHINGTON — Dynasties in American politics are dangerous. We saw it with the Kennedys, we may well see it with the Clintons and we're certainly seeing it with the Bushes. Between now and the November election, it's crucial that Americans come to understand how four generations of the current president's family have embroiled the United States in the Middle East through CIA connections, arms shipments, rogue banks, inherited war policies and personal financial links.

As early as 1964, George H.W. Bush, running for the U.S. Senate from Texas, was labeled by incumbent Democrat Ralph Yarborough as a hireling of the sheik of Kuwait, for whom Bush's company drilled offshore oil wells. Over the four decades since then, the ever-reaching Bushes have emerged as the first U.S. political clan to thoroughly entangle themselves with Middle Eastern royal families and oil money. The family even has links to the Bin Ladens -- though not to family black sheep Osama bin Laden -- going back to the 1970s.

How these unusual relationships helped bring about 9/11 and then distorted the U.S. response to Islamic terrorism requires thinking of the Bush family as a dynasty. The two Bush presidencies are inextricably linked by that dynasty.

The first family member lured by the Middle East's petroleum wealth was George W. Bush's great-grandfather, George H. Walker, a buccaneer who was president of Wall Street-based W.A. Harriman & Co. In the 1920s, Walker and his firm participated in rebuilding the Baku oil fields only a few hundred miles north of current-day Iraq. As senior director of Dresser Industries (now part of Halliburton), Walker's son-in-law Prescott Bush (George W. Bush's grandfather) became involved with the Middle East in the years after World War II. But it was George H.W. Bush, the current president's father, who forged the dynasty's strongest ties to the region.

George H.W. Bush was the first CIA director to come from the oil industry. He went on to became the first vice president -- and then the first president -- to have either an oil or CIA background. This helps to explain his persistent bent toward the Middle East, covert operations and rogue banks like the Abu Dhabi-based Bank of Credit and Commerce International (BCCI), which came to be known by the nickname "Bank of Crooks and Criminals International." In each of the government offices he held, he encouraged CIA involvement in Iran, Pakistan, Afghanistan and other Middle Eastern countries, and he pursued policies that helped make the Middle East into the world's primary destination for arms shipments.

Taking the CIA helm in January 1976, Bush cemented strong relations with the intelligence services of both Saudi Arabia and the shah of Iran. He worked closely with Kamal Adham, the head of Saudi intelligence, brother-in-law of King Faisal and an early BCCI insider. After leaving the CIA in January 1977, Bush became chairman of the executive committee of First International Bancshares and its British subsidiary, where, according to journalists Peter Truell and Larry Gurwin in their 1992 book "False Profits," Bush "traveled on the bank's behalf and sometimes marketed to international banks in London, including several Middle Eastern institutions."

CONTINUED...

http://articles.latimes.com/2004/jan/11/opinion/op-phillips11



TIME ignores the real nature of fundraising: Washington as corrupt as Wall Street.
 

99th_Monkey

(19,326 posts)
4. The Clintons aren't just owned by the Oligarchy. They ARE the Oligarchs.
Mon Feb 29, 2016, 01:56 PM
Feb 2016

Part of the .01% billionaire class, whose interests are 100% aligned with the
Billionaire class.

But hey, Hillary is a woman, and Bill played his saxophone, so it's all good.

Octafish

(55,745 posts)
5. Exactly. I keep hoping they'll crack open Vonnegut's door for the rest of us.
Mon Feb 29, 2016, 02:41 PM
Feb 2016

For Democrats, especially, that would be great optics.



From "God Bless You, Mr. Rosewater," by Kurt Vonnegut:

I think it's terrible the way people don't share things in this country. The least a government could do, it seems to me, is to divide things up fairly among the babies. There's plenty for everybody in this country, if we'd only share more.

"And just what do you think that would do to incentive?"

You mean fright about not getting enough to eat, about not being able to pay the doctor, about not being able to give your family nice clothes, a safe, cheerful, comfortable place to live, a decent education, and a few good times? You mean shame about not knowing where the Money River is?

"The what?"

The Money River, where the wealth of the nation flows. We were born on the banks of it. We can slurp from that mighty river to our hearts' content. And we even take slurping lessons, so we can slurp more efficiently.

"Slurping lessons?"

From lawyers! From tax consultants! We're born close enough to the river to drown ourselves and the next ten generations in wealth, simply using dippers and buckets. But we still hire the experts to teach us the use of aqueducts, dams, reservoirs, siphons, bucket brigades, and the Archimedes' screw. And our teachers in turn become rich, and their children become buyers of lessons in slurping.

"It's still possible for an American to make a fortune on his own."

Sure—provided somebody tells him when he's young enough that there is a Money River, that there's nothing fair about it, that he had damn well better forget about hard work and the merit system and honesty and all that crap, and get to where the river is. 'Go where the rich and powerful are,' I'd tell him, 'and learn their ways. They can be flattered and they can be scared. Please them enormously or scare them enormously, and one moonless night they will put their fingers to their lips, warning you not to make a sound. And they will lead you through the dark to the widest, deepest river of wealth ever known to man. You'll be shown your place on the riverbank, and handed a bucket all your own. Slurp as much as you want, but try to keep the racket of your slurping down. A poor man might hear.'

SOURCE: http://akkartik.name/post/money-river



From what I can see, The Money River is still for "Just Us."
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