Posted on Thursday 31 January 2008
There may be another reason the Republicans want Hillary Clinton to win the Democratic nomination: they get to run against her husband.
No. Wait.
That would be the only reason.
Bill looks like he has been a bad boy again, this time with money. But, to quote Senator Larry Craig, “Has he been a nasty boy?” Time will tell.
The former president finds money the way hogs in France find truffles: with his nose. He well developed nose served him well while running for office, but it may have now gotten him into trouble.
In September, 2005, President Clinton accompanied a Canadian mining financier, Frank Giustra to Kazakhstan, ruled by Nursultan A. Nazarbayev. And ruled badly.
Upon landing on the first stop of a three-country philanthropic tour, the two men were whisked off to share a sumptuous midnight banquet with Kazakhstan’s president, Nursultan A. Nazarbayev, whose 19-year stranglehold on the country has all but quashed political dissent.
Mr. Nazarbayev walked away from the table with a propaganda coup, after Mr. Clinton expressed enthusiastic support for the Kazakh leader’s bid to head an international organization that monitors elections and supports democracy. Mr. Clinton’s public declaration undercut both American foreign policy and sharp criticism of Kazakhstan’s poor human rights record by, among others, Mr. Clinton’s wife, Senator Hillary Rodham Clinton of New York.
Within two days, corporate records show that Mr. Giustra also came up a winner when his company signed preliminary agreements giving it the right to buy into three uranium projects controlled by Kazakhstan’s state-owned uranium agency, Kazatomprom.
The monster deal stunned the mining industry, turning an unknown shell company into one of the world’s largest uranium producers in a transaction ultimately worth tens of millions of dollars to Mr. Giustra, analysts said.
Just months after the Kazakh pact was finalized, Mr. Clinton’s charitable foundation received its own windfall: a $31.3 million donation from Mr. Giustra that had remained a secret until he acknowledged it last month. The gift, combined with Mr. Giustra’s more recent and public pledge to give the William J. Clinton Foundation an additional $100 million, secured Mr. Giustra a place in Mr. Clinton’s inner circle, an exclusive club of wealthy entrepreneurs in which friendship with the former president has its privileges.
Read the whole thing in the New York Times.
Smoke or fire? Will the Hillary Clinton campaign expire due to smoke inhalation?
