By Tyler Durden
For months we’ve been told that the Clinton Foundation, and it’s various subsidiaries, were simple, innocent “charitable” organizations, despite the mountain of WikiLeaks evidence to the contrary. Well, if that is, in fact, true perhaps the Clintons could explain why wealthy foreign governments, like Norway, are suddenly slashing their contributions now that Hillary’s political clout has been erased?
As the Norwegian newspaper Hegnar points out, Norway is expected to slash their contributions to the Clinton Foundation by 87% now that Hillary has lost the presidency. After contributing roughly $5mm per year to the Clinton Foundation between 2007 – 2013, the Norwegian government decided to boost their donations to ~$15mm and ~$21mm in 2014 and 2015, respectively. Ironically, that boost in contributions corresponded with Hillary’s decision to run for President in 2016…but we’re sure it’s just a coincidence. That said, it is fairly interesting that, since Hillary’s loss, Norway has decided to scale back their contributions by 87% in 2017…hmmm.
After a record contribution from Norway to the disputed Clinton Foundation before the election year, is the contribution now in freefall. Financial newspaper can tell that next year’s contribution is down 83 percent from the peak year of …read more