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Clinton Global Initiative Shuts Down as Donors Back Out

<p>The <em>Clinton Cash<&sol;em> documentary combined with the trove of hacked John Podesta emails released by WikiLeaks put Hillary Clinton under serious pressure to shut down the notorious Clinton Foundation during her presidential campaign&period; Should she be elected&comma; the &ldquo&semi;charity&rdquo&semi; would represent a serious conflict of interest&period; &nbsp&semi;<&sol;p>&NewLine;<p>In response to this pressure&comma; the&nbsp&semi;Clintons decided to shut down the Clinton Global Initiative &lpar;CGI&rpar; &&num;8211&semi; a foundation offshoot founded in 2005 that seeks to address &ldquo&semi;significant global challenges&rdquo&semi; by brining powerful people together&period;&nbsp&semi;<&sol;p>&NewLine;<p>According to Bill Clinton&comma; CGI aims to create &ldquo&semi;a global network of citizen activists who reach across the divides of our interdependent world to build real communities of shared opportunities&comma; shared responsibilities&comma; and a genuine sense of belonging&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;<p>As he looked forward to becoming the country&rsquo&semi;s first &ldquo&semi;First Gentleman&comma;&rdquo&semi; Bill Clinton announced in August that he would be shutting down CGI&period;&nbsp&semi;<&sol;p>&NewLine;<p>Hillary lost the election&comma; but it looks like Bill&&num;8217&semi;s promise is coming true anyway&period; Seventy-four CGI employees were laid off this winter&comma; and 22 more will be terminated in the spring&period; The &ldquo&semi;charity&rdquo&semi; will officially close on April 15th&period;&nbsp&semi;<&sol;p>&NewLine;<p>The funny part about all this is that some of CGI&rsquo&semi;s biggest donors are pulling out &ndash&semi; proving once and for all that the Foundation was more than just a &ldquo&semi;charity&period;&rdquo&semi;<&sol;p>&NewLine;<p>&ldquo&semi;This wasn&rsquo&semi;t just for charitable ends&comma;&rdquo&semi; says Brian Morgenstern of the Manhattan Republican Party&period; &ldquo&semi;As the initiative is closing its doors&comma; you see foreign governments who had pledged tens-of-millions of dollars pulling their donations now that Hillary Clinton will not be the president&period; That shows a lot of people that this was more than just a charity&period; This was a way for the Clintons to network and really peddle influence due to their positions in leadership&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;<p>The Australian government&comma; which donated roughly &dollar;88 million to the Clinton Foundation over the past decade&comma; has decided not to renew its partnership this year&period; Norway slashed donations from &dollar;20 million in 2015 to just over &dollar;4 million in 2016&period;&nbsp&semi;<&sol;p>&NewLine;<p>This behavior suggests that foreign governments were not interested in philanthropy&comma; but in currying favor with a woman they believed to be America&rsquo&semi;s future president&period; Such claims are backed by documents released by WikiLeaks&period;<&sol;p>&NewLine;<p>In October&comma; WikiLeaks released a 2011 memo from Bill Clinton&rsquo&semi;s former presidential aid Doug Band in which he attempts to &ldquo&semi;clarify my activities on behalf of the President &ndash&semi; both on behalf of non-profit Foundation activities and the management of his for-profit business opportunities&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;<p>Turns out Mr&period; Band&rsquo&semi;s company &ndash&semi; Teneo &ndash&semi; had &ldquo&semi;consulted and raised money for the Clinton Foundation while simultaneously securing lucrative speaking and consulting gigs for the former president&comma;&rdquo&semi; reports <em>National Review&period;&nbsp&semi;<&sol;em><&sol;p>&NewLine;<p>The line between charitable donation and Clinton profit was remarkably blurry&comma; and the men and women involved knew it&period;&nbsp&semi;<&sol;p>&NewLine;

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