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IPFS News Link • Politics: Democratic Campaigns

Why The IRS Is Probing The Clinton Foundation

• Zero Hedge

"Clinton Cash" author, Peter Schweizer, recently took to the airwaves to explain why the IRS investigation of the Clinton Foundation should be a "big deal" (also see Clinton Cash: "Devastating" Documentary Reveals How Clintons Went From "Dead Broke" To Mega Wealthy") even though he expressed some "skepticism" over the ability of Obama's IRS to run an impartial investigation.  As we we've reported (see "IRS Launches Investigation Of Clinton Foundation"), the IRS recently launched an investigation of the Clinton Foundation after receiving a letter signed by 64 Republicans of the House of Representative which described the Clinton Foundation as a "lawless 'pay-to-play' enterprise that has been operating under a cloak of philanthropy for years.

Somehow we, too, are doubtful that the IRS will lead this investigation with the same kind of vigor they displayed when looking into local Tea Party organizations and religious charities during the last election cycle. 

When asked why the IRS should be concerned about the Clinton Foundation, Mr. Schweizer explained:

"The big deal is that...there are international anti-bribery standards that say bribing a public official can mean giving them money, giving their family money, or giving their charity money.  Just because it's a charity doesn't mean that it's not important or not interesting...it constitutes bribery every bit as much as if somebody's putting money in somebody's pocket for a benefit."

Mr. Schweizer continued by calling into question why foreign governments and wealthy foreign individuals, many from the middle east, would contribute money to the Clinton Foundation given the limited scope of their actual charitable outreach:

"When you look at the people who are giving large sums of money overseas they are people who have histories of corruption or being involved in bribery scandals."


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