Saturday, May 23, 2015

Hillary Clinton under fire after Boeing gave her foundation $900,000 weeks after she made 'shameless pitch' for company to a Russian airline



Hillary Clinton under fire after Boeing gave her foundation $900,000 weeks after she made 'shameless pitch' for company to a Russian airline

  • While secretary of state, Mrs. Clinton asked Russia's state-owned airline Rosavia to buy Boeing planes
  • Boeing won the multibillion-dollar contract, and then made a $900,000 donation to a Clinton Foundation program rebuilding schools in Haiti
  • A conservative activist challenged Boeing's CEO during a shareholder meeting, saying the move could open the company to prosecution
  • The apparent conflict-of-interest is a black eye for Mrs. Clinton as she prepares to enter the 2016 presidential race
During a Boeing shareholder meeting on Monday,a conservative activist accused the aircraft company's CEO of buying then-Secretary of State Hillary Clinton's 'commercial advocacy' in Russia by making a $900,000 donation to the Clinton Foundation.
The money was earmarked for rebuilding schools in Haiti in the wake of a devastating 2010 earthquake.
But the contribution came just months after Mrs. Clinton traveled to Moscow where she made what she called a 'shameless pitch' to ask a newly formed state-owned airline 'to buy Boeing aircraft.' It's not clear whether there was a quid-pro-quo promise of the donation in exchange for Mrs. Clinton's cheerleading.
Clinton promised during the October 13, 2009 visit to Boeing Design Center Moscow that the U.S. Export-Import Bank 'would welcome an application for financing from Rosavia [the airline] to support its purchase of Boeing Aircraft, and I hope that on a future visit I'll see a lot of new Rosavia-Boeing planes when I land in Moscow.'
Boeing ultimately won a $3.7 billion Russian contract.
Then-Secretary of State Hillary Clinton has spoken at corporate events for Boeing, often arguing in favor of Russian and Chinese purchases from the jet aircraft manufacturer -- which, it turns out, gave nearly $1 million to the Clinton Foundation
Then-Secretary of State Hillary Clinton has spoken at corporate events for Boeing, often arguing in favor of Russian and Chinese purchases from the jet aircraft manufacturer -- which, it turns out, gave nearly $1 million to the Clinton Foundation

Clinton visited Boeing's Moscow design center in Oct. 2009, making her 'shameless pitch' for a state-owned airline to buy $3.7 billion worth of jets from the U.S. company
Clinton visited Boeing's Moscow design center in Oct. 2009, making her 'shameless pitch' for a state-owned airline to buy $3.7 billion worth of jets from the U.S. company

A month later, Clinton proudly announced that Boeing would donate $2 million toward the construction of the U.S. pavilion at the 2010 World's Fair in Beijing, China. The company had originally offered $1 million.
Subsequently, the Clinton Foundation got its own Boeing windfall.
The Washington Post reported Monday night that David Almasi with the right-leaning National Center for Public Policy Research challenged Boeing chairman and CEO W. James McNerney about the apparent 'conflict of interest,' and wondered aloud whether the company made itself vulnerable to prosecution for fraud.
'There is at least one lobbyist in jail right this minute for giving public employees travel and meals worth far, far less than $900,000,' Almasi said.
'He claims he didn't intend bribery; that what he did was "business as usual." But he's in jail now nonetheless. ... It seems reckless and unnecessary, even if it was not illegal.'
McNerney responded that he was 'confident' Mrs. Clinton 'would have advocated for Caterpillar's tractors or GE's turbines with equal fervor ... with or without these few donations,' and that he was 'highly confident that we followed the letter and the spirit of the law.'
'Commercial advocacy by people that lead our country is highly appreciated by those of us toiling in the vineyards,' he said.
Boeing did not immediately respond to a request for comment on Tuesday.
A political strategist in the state of Washington, where Boeing is headquartered, had harsh words for both sides of the political slap-fest.
'McNerney sounded defensive,' he said, 'but Almasi was obnoxious and it came off like one of those PETA stunts where they show up and ask Burger King to go vegetarian.'
'What was he expecting? Probably half of the Fortune 100 either makes these kinds of donations, or wishes they could figure out how to make it pay off.'
Ka-ching: Boeing cashed in with a $3.7 billion contract to build 737-800 series aircraft like this Turkish Airlines jet for the new Russian state-owned airline
Ka-ching: Boeing cashed in with a $3.7 billion contract to build 737-800 series aircraft like this Turkish Airlines jet for the new Russian state-owned airline

David Almasi with the National Center for Public Policy Research
Chairman, President, and CEO of the Boeing Company W. James McNerney, Jr.
David Almasi (L), with the National Center for Public Policy Research, upbraided Boeing chairman and CEO W. James McNerney (R) for exposing the company to conflict-of-interest accusations

'That said,' the strategist, concluded, 'Boeing will get a black eye out of this, and so will Hillary Clinton. It seems like the longer she waits to decide whether or not to run, the more baggage there will be clustered around her feet.'
The National Center, which lodged the in-meeting object, defended its actions.
'Mr. McNerney's response is inadequate and should concern shareholders,' the group's chairwoman Amy Ridenour said in a statement. 'He ducked the kernel of our question, which is why Boeing would make a donation to the Clinton Foundation at a time of such a conflict of interest. Even if the company's intentions were pure, such a move can raise legal questions.'
She pointed out that the Boeing donation to Mrs. Clinton's family foundation came shortly after the Supreme Court decided the 'honest services fraud' case that kept former Enron executive Jeffrey Skilling in prison – but reduced his sentence by 10 years.
'Honest services fraud was headlining the newspapers at the very time Boeing apparently was considering a major gift to a foundation run by the husband of the sitting secretary of state,' Ridenour said.



COMMENTS:

 
STMYOPINION, Canyon Lake Texas, United States, 1 year ago
oops. She screwed up! The right hand saw what the left hand was doing. She is losing her touch without sweet Billy at her side. That's what happened in Benghazi.

Under fire? It's only here that I've read of this. American media?
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Hillary Clinton involved in yet another financial scandal? Tell me it isn't so! ;+}
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Whatever happened to Hillary Clinton standing up for women's rights in Afghanistan, Iraq and Saudi? All talk and no action, shame on you!


She's all blow. Hasn't stopped lying since the 70's! Her foundation is located in her wallet. Another liberal joke that's hands off.
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How much does she draw from the foundation ? That's the question. Working for the US government isn't she suppose to be doing this for free ?
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She has state controlled media on her side....most liberals can't read this and will never hear about it!
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Typical. What an idiot.
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You can even smell the stink of this creature from photos.
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It doesn't matter what she does, to the mass sheeples (that would be liberals) she always ends up smelling like a rose.
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She's a pig,,,,,,




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