General Discussion
In reply to the discussion: (Must get this off chest).... Unless Obama walks his talk on Net Neutrality, he is a Phony [View all]Divernan
(15,480 posts)While HC was Secretary of State, she had to disclose amounts & sources of her husband's income on govt. employee financial disclosure forms. That's where all the details in this 2013 article come from. Now, and for as long as she is not a declared candidate for president, the Clintons' speechifying and all other income sources remain confidential - between them & the IRS. The details are almost impossible to believe - he was paid over $200,000 by a financially failing "non-profit" hospital. A newspaper publishing company in Nigeria paid him $700,000 each for speeches in two successive years - 2011 and 2012. Any politically cognizant person can draw conclusions about what quid pro quos are expected by domestic and foreign special interests groups and businesses in anticipation of Bill Clinton's wife being elected president.
http://politicalticker.blogs.cnn.com/2013/05/23/first-on-cnn-bill-clintons-106-million-speech-circuit-windfall/
According to a CNN analysis of 12 years of federal financial records, former President Bill Clinton had his most active and profitable year on the lecture circuit in 2012, delivering 73 speeches for $17 million from mid-January 2012 through mid-January 2013. That brought his total haul in speaking fees since leaving the White House to $106 million. His previous record for annual speech income was $13.4 million in 2011.
As in previous years, the former president's highest-paying events were held overseas. He earned $5.2 million last year for 15 speeches given in 12 countries. The most lucrative was a February speech to a local newspaper publishing company in Lagos, Nigeria, for which he received $700,000. He addressed the same group in 2011 for the same amount. He earned an additional $150,000 for a June speech delivered via satellite to an audience in Australia, while on a speaking tour in Florida. The remainder of his 2012 speech income was earned before domestic audiences in 15 states and the District of Columbia.
http://www.politico.com/playbook/0213/playbook10052.html?hp=l6
EXCLUSIVE: Former Secretary of State Hillary Clinton will hit the paid speaking circuit this spring (likely April or May) and has selected the Harry Walker Agency, which represents President Clinton, as her agent. Industry officials expect that she will be one of the highest paid speakers in the history of the circuit, with fees well into the six figures in the United States and abroad.
[blockquote
In 2011, records show Clintons most lucrative events were overseas. He earned $750,000 in November 2011 to travel to Hong Kong to speak to employees at the Swedish-based telecom giant Ericsson. That year, he also earned $700,000 for an appearance at a newspaper publishing company in Lagos, Nigeria, and $550,000 for a speech to a business conference in Shanghai, China.
Read more: http://www.nydailynews.com/news/politics/bill-clinton-paid-500-000-speaking-advance-45-minute-speech-earning-11-100-minute-article-1.1361928#ixzz31uB4y4ch
Bill Clinton accepted a $225,000 speaking fee from the nonprofit Washington Hospital Center smack in the middle of two big rounds of layoffs in 2012 one of a number of tax-exempt organizations that have paid big money to hear the former president talk.
The $225,000 payment wasnt made public by the hospital on its annual Internal Revenue Service forms, but rather appeared among dozens of lucrative speeches by Mr. Clinton reported on his wifes final ethics filing as secretary of state.
No disrespect to Bill Clinton, but that money couldve gone a long way and been put to better use, said Dan Fields Jr., president of the Service Employees International Union Local 722 representing hospital workers. Our contract expires on June 30, and Im pretty sure theyre going to come to the table and talk about how theyre losing money, so this concerns me greatly.
The hospital is hardly the only 501(c)(3) organization to shell out big money to hear Mr. Clinton speak. The Naples Philharmonic Center in Florida paid Mr. Clinton $200,000. Later, the nonprofit filed IRS forms showing that it lost $338,000 in overall revenue of about $24 million that same year. Another organization listed on Mrs. Clintons ethics form, the Bushnell Center, shelled out a six-figure check to Mr. Clinton. IRS forms show it reported a $1.8 million deficit during the same tax year it hired the former president.
Read more: http://www.washingtontimes.com/news/2014/mar/6/bill-clinton-cashes-in-on-nonprofit-hospital/#ixzz31uDdyZfU
Follow us: @washtimes on Twitter