http://nypost.com/2015/05/27/the-latest-clinton-shoe-bills-shell-corporation/The latest Clinton shoe: Bill’s shell corporation
By Post Editorial Board
May 27, 2015 | 8:22pm
Just two days after President Obama confirmed that Hillary Clinton would be his secretary of state, Bill Clinton set up a shell corporation to “channel” his payments for unspecified consulting work.
Another day, another revelation about the Clintons’ tangled financial web. (Kudos to Robert Wargas of Pajamas Media for pinning down the date Bill set up his dodge.)
With WJC LLC set up as a limited-liability company with no assets and no employees, there was no need to report any of the cash that passed through it — not on Hillary’s personal disclosure statements then, not on her campaign forms now.
This perfectly legal mechanism provides certain tax advantages — notwithstanding the Clintons’ repeated claims that the rich “aren’t paying their fair share of taxes.”
But we’d guess it was the non-disclosure feature that appealed most.
No doubt the Clintons giggled all the way to the bank about their no-funny-business promises to President Obama and his team.
And now Hillary preaches the virtues of “transparency.”
Like everything else about the once “dirt poor” Clintons (now comfortable in the ranks of the 1 percent) the LLC raises huge questions. Questions like those Democrats raised in 2012 about Mitt Romney’s finances.
As the Associated Press (which first reported the existence of the LLC) notes, almost nothing about the exact nature and financial worth of Bill Clinton’s business interests, other than his ultra-lucrative speechmaking, is a matter of public record.
The Clinton camp insists it’s all nothing to worry about, that everything has been disclosed. Then again, that’s what they said before ’fessing up to $26 million in foreign donations they’d “overlooked.”
Hillary Clinton cites Eleanor Roosevelt as her inspiration. Sure seems her real idol is Imelda Marcos — because there’s always another shoe waiting to drop.
