Shocker: In Wake of Hillary's Defeat, Donations to Clinton Foundation Dry Up
Who could have seen this coming?
Donations to the Clinton Foundation plummeted amid Hillary Clinton's failed presidential run, it has been revealed. The non-profit organization's latest tax filings show contributions fell 37 per cent to $108 million - down from $172 million in 2014, according to the New York Post.
Donations fell as the former Secretary of State left the group in April last year shortly after announcing her run for the White House. Her departure also meant that revenue brought in from paid speeches plunged from $3.6 million in 2014 to just $357,500.
The foundation became an issue during the presidential campaign when Donald Trump pledged to appoint a special prosecutor to investigate it amid pay-to-play allegations. Trump called the foundation 'the most corrupt enterprise in political history' adding, 'It must be shut down immediately.'
The Clintons really did gamble everything on hoisting the Dowager Empress of Chappaqua into the White House, because the only alternative was the Big House.
It's not known whether Trump will keep his promise as he has since backed down in a recent interview on his vow to investigate Clinton again for her use of a private email server, calling the Clintons 'good people.' But Rep. Jason Chaffetz, head of the House Oversight Committee, has suggested that the investigation into the foundation will continue.
It ought to. With no upside to continuing to "donate" to the corrupt Clinton racket, the smart money has put on its coat and hat and gone elsewhere:
The Norwegian government’s planned contribution to the Clinton Foundation next year will be nearly 90 percent off its peak, news outlets in Norway are reporting. Norway will donate 35.9 million kroner this year — or around $5.1 million — to the Clinton Health Access Initiative, a subsidiary of the Clinton Foundation, according to the Norwegian news outlet, Hegnar.
The Scandinavian nation will slash its donations by 36 percent next year to 23 million kroner. That marks a 87 percent decline from the 2015 peak. The drastic cut could be a signal that other longtime Clinton Foundation donors will reduce donations in the wake of Hillary Clinton’s presidential loss.
Hegnar reported that Norway gave an average of 40 million kroner each year between 2007 and 2013. That jumped to 129 million kroner in 2014 and 174 million kroner — or $25 million — last year.
Watch for other nations, corporations and funding entities to tiptoe away as well. Everybody hates a loser.