File 019439
Maureen Dowd Column on Clinton Foundation Finances and Political Influence (File 019439)
Maureen Dowd's critical op-ed analyzing the Clinton Foundation's financial practices, conflicts of interest, and the pattern of wealth accumulation by the Clinton family through speaking fees and foundation work.
Summary
This column criticizes the Clinton family's financial dealings and foundation management, highlighting concerns about money in politics, conflicts of interest at the Clinton Foundation, and excessive speaking fees. Dowd discusses specific controversies including the Teneo consulting firm's connections to foundation donors, the GreenTech Automotive investment under federal investigation, and Bill Clinton's $500,000 speaking fee for an Israeli event. The piece contrasts the Clintons' approach to wealth accumulation with Harry Truman's ethical restraint regarding commercialization of the presidency.
Money, money, money!MaureenDowdWASHINGTON Clinton nostalgia is be-ing replaced by Clinton neuralgia.Why is it that America's roil familyalways seems better in abstract than inconcrete? The closer it gets to runningthe world once more, the more you arereminded of all the things that buggedyou the last time around.The Clintons' neediness, their senseof what they are owed in materialterms for their public service, their as-sumption that they're entitled to every-one's money.Are we about to put the "For Rent"sign back on the Lincoln Bedroom?If Americans are worried aboutmoney in politics, there is no largerconcern than the Clintons, who are cos-seted in a world where rich people end-lessly scratch the backs of rich people.They have a Wile E. Coyote problem;something is always blowing up. Justwhen the Clintons are supposed to befloating above it all, on a dignified cloudof do-gooding leading into 2016, pop-pop-pop, little explosions go off everywhere,reminding us of the troubling connec-tions and values they drag around.There's the continuing grotesquespectacle of Anthony Weiner and HumaAbedin. And there's the sketchy in-volvement of the Clintons' most prolificfund-raiser, Terry McAuliffe, and Hil-lary's brother Tony Rodham in a ven-ture, GreenTech Automotive; it's underfederal investigation and causing fire-works in Virginia, where McAuliffe isrunning for governor.Many Israelis were disgusted to learnthat Bill Clinton was originally sched-uled to scarf up $500,000 to speak at theIsraeli president Shimon Peres's 90thbe-ingbirthday friendswith PerestiwesinJune d b. nguesrsoing the accord that won Peres e Nobelg gthePeace Prize were not reasons enoughtofoofrtdhBoenil jla ett oew chi sea 1111 ef Nba ramat n. t Toa iht theeul am. he tlaoi dbn aragnr e chfoun-dation. Isn't the J.N.F. "supposed toplant trees with donor cash?" Haaretzchided before the fund pulled back. "lguess money does grow on trees."I never thought I'd have to read thewords Ira Magaziner again. But theman who helped Hillary torpedo herown health care plan is back.In an article in this newspaper lastweek headlined "Unease at ClintonFoundation," Nicholas Confessore andAmy Chozick offered a compellingchronicle about an internal review ofthe rechristened Bill, Hillary & ChelseaClinton Foundation that illuminated thefungible finances and tensions betweenClinton loyalists and the foundation ar-chitects Magaziner and Doug Band,former bag carrier for President Clin-ton.You never hear about problems withJimmy Carter's foundation; he justquietly goes around the world eradicat-ing Guinea worm disease. ButMagaziner continues to be a GyroGearloose, the inept inventor of DonaldDuck's Duckburg."On one occasion, Mr. Magaziner dis-patched a team of employees to flyaround the world for months gatheringideas for a climate change proposal thatnever got off the grouhd," Oonfessoreand Chozick said.We are supposed to believe that everydollar given to a Clinton is a dollar thatimproves the world. But is it? Clinton-world is a galaxy where personal en-richment and political advancementblend seamlessly, and where a cast ofjarringly familiar characters pad theirpockets every which way to Sunday."Efforts to insulate the foundationfrom potential conflicts have high-lighted just how difficult it can be to dis-entangle the Clintons' charity workfrom Mr. Clinton's moneymaking ven-tures and Mrs. Clinton's political fu-ture," Confessore and Chozick wrote.The most_ evripous :seat el MOMSwas a firm founded by Doug sadcalled Teneo, a saunmy blond at cow rate consulting. public rib:loos and merchant banking. Band. a surrogateson to Bill. put Hume, a surrogatedaughter to Hillary. on the payroll.Even Big Daddy Bill was a paid advisetAs this newspaper reported,Teneoworked on retainer charging monthlyfees up to $250,000 and recruiung clientsfrom among Clinton Foundation donors.while encouraging others to becomefoundation donors. The Clintons dis-tanced themselves from Teneo whenthey got scorchedwith had publicityafter the collapse ofits client MFthe internationalbrokerage firm led bythe former New Jer:sey governor JonCorzine.And Chelsea is now tshaping the founda-tion's future, and herpolitical future. Sothere may not be as much oxygen forher troublesome surrogate siblings.As George Packer wrote in The NewYorker, Bill Clinton earned $17 millionlast year giving speeches, including oneto a Lagos company for $700,000. Hil-lary gets $200,000 a speech.Until Harry Truman wrote his mem-oirs, the ex-president struggled on anArmy pension of $112.56 a month. "1copid never letnimitelf anyctrxesac-uoa, howeNertaspect able," he4a1sli 4"that Would commercialize on theprestige and dignity of the office of thepresidency."So quaint, Packer wrote, observing,"The top of American life has become avery cozy and lucrative place, where thesocial capital of who you are and whoyou know brings unimaginable returns."The Clintons want to do big worthythings, but they also want to squeezemoney from rich people wherever theylive on planet Earth, insatiably gob-bling up cash for politics and charityand themselves from the same incestu-ous swirl.Clintonworldis a galaxywherepersonalenrichmentand politicaladvancementblend seam-lessly.SiSt5101