The Clintons have officially ran out of influence to peddle, causing the Clinton Foundation to erupt in turmoil.
Months after her historic election loss to now-President Donald Trump, Hillary Clinton has announced the end of the Clinton Global Initiative — the primary organization of the Clinton Foundation. (via The Daily Wire)
The Clintons announced that the last 22 employees of the Clinton Global Initiative will be laid off. This is the second round of layoffs for the failed foundation, after 66 employees were let go late last year.
Hillary Clinton’s election loss secured the end of the Clinton Global Initiative. The career criminal politician had no power to broker, and thus, no product for her foundation to sell.
The Clinton Global Initiative was founded in 2005 by former President Bill Clinton and his long time aide, Doug Band. The Initiative was founded to provide cover for the Clinton’s international dealings.
The Global Initiative was a part of the broader Clinton Foundation. It served the purpose of creating networks between the Clintons and wealthy foreign donors with interests in Washington.
During the 2016 presidential election, the Clinton Foundation accepted money from despotic Islamic governments including Saudi Arabia, Qatar, and Morocco.
Of course, the coffers of the Clinton Foundation ran dry when it was clear that Hillary would lose the election.
The Clintons denied that their “charity” was a treasonous attempt to monetize their clout in American politics; however, after Hillary’s election defeat many countries ceased their annual donations planned for the Clinton Foundation. If the organization was really about philanthropy than donations would still be rolling in.
The Australian Government announced earlier this year that they would no longer be partnering with the “scandal-plagued” Clinton Foundation, ending a ten-year partnership that cost Australian taxpayers almost $90 million. The Government of Norway also announced their intentions to pull away from the corrupt organization.
Unable to sustain themselves without the donations from foreign governments seeking access, the Clinton Global Initiative has been forced to shut down. The Clinton Foundation has no plans to shut down.
Perhaps the Clinton Global Initiative will open their doors again if Chelsea Clinton manages to win an election.
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