bounty44
Posts: 6374
Joined: 11/1/2014
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quote:
ORIGINAL: BamaD
BYE BYE you aren't worth the time...
that's one of the reasons why I think itd be better if he'd go read a book instead of posting.
while im here:
"Laureate: the Clintons’ university scandal the media isn’t discussing"
quote:
Why not? Laureate Education paid Bill Clinton over $16 million between 2010-2014 to be an “honorary chancellor,” Jonathan Turley reminds us, even while the alleged diploma mill got repeatedly sued for fraud. Laureate Education even has a twist that Trump University does not — $55 million in State Department grants to another group run by Laureate’s founder during Hillary Clinton’s tenure as Secretary of State, and while Bill got millions to be its front man...
The respected Inside Higher Education reported that Laureate Education paid Bill Clinton an obscene $16.5 million between 2010 and 2014 to serve as an honorary chancellor for Laureate International Universities. While Bill Clinton worked as the group’s pitchman, the State Department funneled $55 million to Laureate when Hillary Clinton was secretary of state. That would seem a pretty major story but virtually no mainstream media outlet has reported it while running hundreds of stories on the Trump University scandal.
There was even a class action — like the Trump University scandal. Travis et al v. Walden University LLC, was filed in U.S. District Court in the District of Maryland but dismissed in 2015. It is not clear why it was dismissed. However, the size of the contract to Clinton, the payment from State and the widespread complaints over alleged fraud should warrant a modicum of attention to the controversy. The controversy has many of the familiar complaints over fraudulent online programs that take advantage of hard working people.
Both Bloomberg and Brietbart have reported on the State Department grants to Douglas Becker, as well as Bill’s huge personal haul from Becker’s Laureate. Both followed up from Peter Schweizer’s 2015 book Clinton Cash, which researched tax records to uncover the cash flow, a flow that “exploded” during Hillary’s tenure at State:
Citing the foundation’s tax filings, Schweizer writes that while IYF had received government grants (mainly from the U.S. Agency for International Development) as far back as 2001, they “exploded since Bill became chancellor of Laureate,” accounting for the vast majority of the nonprofit’s revenue. In 2010, “government grants accounted for $23 million of its revenue, compared to $5.4 million from other sources. It received $21 million in 2011 and $23 million in 2012.” The link between International Youth Foundation and Laureate has not been previously reported, he said.
The Clinton campaign disputed Schweizer’s characterization. “This is yet another false allegation in a book that is fast being debunked,” said Brian Fallon, a campaign spokesman. “The International Youth Foundation was funded by the Bush administration, well before Hillary Clinton became Secretary of State. In fact, the group’s USAID funding actually went down in the year that she arrived at the State Department, not up.”
[note, much like vile critter parts' sites, the above 'refutation' doesn't really address the charge]
A Bloomberg examination of IYF’s public filings show that in 2009, the year before Bill Clinton joined Laureate, the nonprofit received 11 grants worth $9 million from the State Department or the affiliated USAID. In 2010, the group received 14 grants worth $15.1 million. In 2011, 13 grants added up to $14.6 million. The following year, those numbers jumped: IYF received 21 grants worth $25.5 million, including a direct grant from the State Department.
Perhaps IYF got some funding during the Bush administration, but the scale and the obvious personal linkage makes the Hillary years much more suspect. The confluence of Bill’s ridiculous level of pay for being Laureate’s frontman and the cash flow into IYF certainly doesn’t look like a coincidence. It may not be a provable quid pro quo in court, but this stinks from any other perspective. This kind of arrangements makes it clear how the Clintons managed to rake in over $57 million in personal income during the four years that Hillary ran State...
Team Trump could have set the news cycle to focus on that curious and potentially corrupt nexus of payoffs and taxpayer grants in which the Clintons and Laureate/IYF are enmeshed. That would have forced the media to take a harder look at the scandal and put the Clintons on the defensive...
Clearly, the media doesn’t want to dig into Laureate and the Clintons. Unless they get forced into it, they never will.
http://hotair.com/archives/2016/06/09/laureate-the-clintons-university-scandal-the-media-isnt-discussing/
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