Posts Tagged ‘fraud’

This Week in Clinton Corruption for October 28, 2016

Friday, October 28th, 2016

A huge Clinton Corruption update this week! And who knows how much bigger next week’s will be?

  • Newly leaked memo maps cash flows between the Clinton Foundation and Bill’s for-profit activities:

    We have written frequently in recent weeks about a feud that erupted between Chelsea Clinton and Doug Band back in 2011 after Chelsea raised concerns about potential conflicts of interest between Band’s firm, Teneo, the Clinton Foundation and the State Department (see here, here, here and here). The feud ultimately resulted in Band being forced to draft a memo spelling out, in vivid detail, the many entangled relationships between himself, Teneo, the Clinton Foundation and the State Department. Fortunately, today’s Wikileaks dump included that memo which reveals, for the first time, the precise financial flows between the Clinton Foundation, Band’s firm Teneo Consulting, and the Clinton family’s private business endeavors.

    The memo starts with a brief background on Teneo, which was created in June 2011, shortly after Declan Kelly resigned from his position as “United States Economic Envoy to Northern Ireland,” a position to which he was appointed by Secretary Clinton.

    In June 2009, DK Consulting was founded by Declan Kelley. Mr. Kelly served as COO of FTI Consulting until June 2009, when he stepped down and established DK Consulting. At that time, he also became the United States Economic Envoy to Northern Ireland. Pursuant to the terms of his exit agreement with FTI and consistent with the ethics agreement of his uncompensated special government employee appointment at the State Department, Mr. Kelly retained and continued to provide services to three paying clients (Coke, Dow, and UBS) and one pro bono client (Allstate). In late 2009, Declan retained me as a consultant to DK Consulting to help support the needs of these clients.

    Stop right there. Who takes Allstate, a Fortune 100 company, as a pro bono client?

    Here’s a copy of the document Zero Hedge is relying on (though alas, whoever put that up through some encoding bullshit to keep you from copying from it). Band goes into detail about just how much scratch is involved in scratching the Clintons’ backs:

    “Cognizant of the Foundation’s significant fundraising needs as well as my role as the primary fundraiser for the Foundation for the past 11 years, as a partner in Teneo, Mr. Kelley [sic] and I have asked and encouraged our clients to contribute to the Foundation,” Band wrote. “Through our efforts, we have brought new donors to the Foundation and garnered increased giving from existing donors.”

    And let’s look at the donors (all amounts for the period 2004-2011 except where noted):

    • The Coca-Cola Company: Total giving: $4,330,000

    • The Dow Chemical Company: Total giving: $780,000
    • UBS: Total giving: $540,000
    • The American Ireland Fund: Total giving: $350,000 (all 2010-2011)
    • The All-State [sic] Corporation: Total giving: $265,000 (with an additional $500,000 pledge)
    • Barclays Capital: Total giving: $1,100,000 (2008-2011)
    • Indo Gold: Total giving: $100,000
    • BHP Billiton Limited: Total giving: $20,000
    • Teneo: Total giving: $100,000

    There’s a further list of Teneo clients (GEMS Foundation, Rockefeller Foundation, Laureate International Universities) who were already donating to the Clinton Foundation.

  • Even the Washington Post was forced to notice:

    The memo, made public Wednesday by the anti-secrecy group WikiLeaks, lays out the aggressive strategy behind lining up the consulting contracts and paid speaking engagements for Bill Clinton that added tens of millions of dollars to the family’s fortune, including during the years that Hillary Clinton led the State Department. It describes how Band helped run what he called “Bill Clinton Inc.,” obtaining “in-kind services for the President and his family — for personal travel, hospitality, vacation and the like.”

    That’s called “quid pro quo.” Also this: “Emails show that Cheryl Mills, who at the time was serving as Hillary Clinton’s chief of staff at the State Department, was deeply involved in the foundation’s proceedings.” Yeah, I think that’s been pretty well established at this point. (Hat tip: Powerline.)

  • And remember: Huma Abedin was working for Teneo while she was working for the State Department. (Hat tip: Instapundit.)
  • The Wall Street Journal wonders: Why isn’t the IRS investigating the Clinton Foundation?
  • More Clinton pay to play: “The head of a for-profit university that donated up to $5 million to the Clinton Foundation was rewarded with an invite to a high-profile State Department dinner at the request of then-Secretary of State Hillary Clinton.” (Hat tip: Stephen Green at Instapundit.)
  • The five most disturbing donations to the Clinton Foundation. Including the Saudis, the Russian uranium deal money, and Indonesian tobacco magnate Putera Sampoerna who “donated and worked with the foundation before he got the U.S. government to underwrite millions in loans offered by the foundation and secured high-profile support for its activities from Sec. Clinton and other senior federal officials.”
  • “Five mega-donors and their wives are responsible for one in every $17 dollars that have been spent on Hillary Clinton’s presidential campaign.” (Hat tip: Ace of Spades HQ.)
  • Funny how right when Hillary Clinton came under FBI scrutiny:

    The political backers of a longtime Clinton crony and fixer, Virginia governor Terry McAuliffe, made $675,000 in cash and in-kind contributions to the election campaign of the wife of the FBI official who later ran the investigation of Mrs. Clinton.”

    As the Wall Street Journal reports, the contributions went to the 2015 Virginia state senate campaign of Dr. Jill McCabe, the wife of then-associate-deputy FBI director Andrew McCabe. McAuliffe had recruited Dr. McCabe to run. After her campaign ended unsuccessfully (Dr. McCabe lost to incumbent Republican Dick Black), Andrew McCabe was promoted to deputy director, a role in which he assumed oversight of the Clinton e-mail investigation.

  • And Hillary headlined a fundraiser for her. (Hat tip: Director Blue.)
  • “The fact that Hillary Clinton’s inner circle was raising substantial funds for Gov. McAuliffe’s PAC and this same PAC gave close to a half-million dollars to the campaign of the wife of the senior FBI official involved in the Clinton investigation sure looks like a payoff – a major payoff.”
  • It’s not just the FBI. Department of Justice employees as a whole are hevaily backing Clinton:

    Employees of the Department of Justice, which investigated Clinton’s use of a private email server while she was secretary of State, gave Clinton 97 percent of their donations. Trump received $8,756 from DOJ employees compared with $286,797 for Clinton. From IRS employees, Clinton received 94 percent of donations.

    Which brings up the question: Why are federal government employees even allowed to make campaign donations?

  • Speaking of the FBI, a retired agent slams James Comey’s non-indictment of Hillary. (Hat tip: Ace of Spades HQ.)
  • Watch Clinton campaign staff take an illegal $20,000 donation on camera.
  • The Clinton Foundation was set up to be corrupt. (Hat tip: Director Blue.)
  • Clinton State Department IT official John Bentel takes the Fifth Amendment 90 times. (Hat tip: Director Blue.)
  • Was EmailGate buried to protect Obama rather than Clinton?
  • Maybe that’s why the Clinton campaign coordinated with both the White House and the media on how to conduct the coverup.
  • More emails emerge of how Hillary’s secret private server was causing problems at the State Department. More emails that, yet again, Clinton failed to turn over to the FBI.
  • Despite all this, could all 33,000 emails from Hillary’s private serve still exist someplace? (Hat tip: Legal Insurrection.)
  • Yes, Donna Brazile did feed debate questions to the Clinton campaign while working for CNN. Of course, CNN is an extension of the Clinton campaign, so I don’t see how anyone can be surprised.
  • The Clinton campaign is coordinating with Facebook’s Mark Zuckerberg.
  • Maybe that’s why some Facebook employees tried to remove a Trump post on Muslims as “hate speech.” (Hat tip: Director Blue.)
  • The Clinton Clan’s hunger for foreign campaign contributions goes back to at least the 1990s. (Hat tip: Director Blue.)
  • Scott Adams endorses Trump for all the bullying Democrats carried out against him and other Americans:

    I’ve been trying to figure out what common trait binds Clinton supporters together. As far as I can tell, the most unifying characteristic is a willingness to bully in all its forms.

    If you have a Trump sign in your lawn, they will steal it.

    If you have a Trump bumper sticker, they will deface your car.

    if you speak of Trump at work you could get fired.

    On social media, almost every message I get from a Clinton supporter is a bullying type of message. They insult. They try to shame. They label. And obviously they threaten my livelihood.

    We know from Project Veritas that Clinton supporters tried to incite violence at Trump rallies. The media downplays it.

    We also know Clinton’s side hired paid trolls to bully online. You don’t hear much about that.

    Yesterday, by no coincidence, Huffington Post, Salon, and Daily Kos all published similar-sounding hit pieces on me, presumably to lower my influence. (That reason, plus jealousy, are the only reasons writers write about other writers.)

    Joe Biden said he wanted to take Trump behind the bleachers and beat him up. No one on Clinton’s side disavowed that call to violence because, I assume, they consider it justified hyperbole.

    Team Clinton has succeeded in perpetuating one of the greatest evils I have seen in my lifetime. Her side has branded Trump supporters (40%+ of voters) as Nazis, sexists, homophobes, racists, and a few other fighting words. Their argument is built on confirmation bias and persuasion. But facts don’t matter because facts never matter in politics. What matters is that Clinton’s framing of Trump provides moral cover for any bullying behavior online or in person. No one can be a bad person for opposing Hitler, right?

  • More from Adams: The Crook vs. the Monster.
  • Clinton campaign staffer: So, how are we going to handle all this Bill Clinton/Bill Cosby comparisons? Response: [Silence] (Hat tip: Ed Driscoll at Instapundit.)
  • Erica Garner rips Hillary for trying to make political hay out of her father’s death.
  • “Hillary Clinton campaign aides had a frantic email exchange in August 2015 over who should call the candidate to ‘sober her up some’ at around 4:30 in the afternoon.” (Hat tip: Director Blue.)
  • Another story on Hillary’s health:

    Sources close to Hillary tell me that her doctors have discovered she suffers from arrhythmia (an abnormal heart beat) and a leaking heart valve. They have recommended that she consider having valve replacement surgery, but Hillary has refused because she does not want to risk the negative political fallout from stories about such a serious operation.

    In addition to the arrhythmia and leaking heart valve, Hillary suffers from chronic low blood pressure, insufficient blood flow, a tendency to form life-threatening blood clots, and troubling side effects from her medications.

    (Hat tip: Director Blue.)

  • Democratic Vice Presidential candidate Tim Kaine attracts all of 30 people to a rally in Florida. (Hat tip: Director Blue.)
  • And just before I clicked the Publish button, Wikileaks dropped another 1,400 Podesta emails. With the Clintons, corruption never takes a holiday…

    This Week in Clinton Corruption for October 21, 2016

    Friday, October 21st, 2016

    It’s getting to the point that not only can I not keep up with the torrent of email leaks documenting Hillary Clinton corruption, I can’t even keep with the people keeping up with the leaks!

  • State Department tried to bribe FBI to unclassify Clinton emails“:

    A top State Department official offered a “quid pro quo” to an FBI investigator to declassify an e-mail from Hillary Clinton’s private server in exchange for allowing the bureau to operate in countries where it was banned, stunning new documents revealed Monday.

    The FBI documents show that Undersecretary of State Patrick Kennedy pitched the deal to the unnamed agent, allegedly as part of an effort to back up Clinton’s claim that she did not send or receive classified documents on the server in her Westchester home.

    “[Redacted] indicated he had been contacted by [Kennedy], Undersecretary of State, who had asked his assistance in altering the e-mail’s classification in exchange for a ‘quid pro quo,’ ” according to the documents, which summarized interviews the feds conducted in the summer of 2015 while investigating Clinton’s e-mail practices.

    “[Redacted] advised that in exchange for marking the e-mail unclassified, STATE would reciprocate by allowing the FBI to place more Agents in countries where they are presently forbidden,” the document added.

    One State Department staffer described feeling “immense pressure” to complete the review quickly and to not label anything as classified.

  • FBI agents say that director James Comey hindered the investigation:

    “This is a textbook case where a grand jury should have convened but was not. That is appalling,” an FBI special agent who has worked public corruption and criminal cases said of the decision. “We talk about it in the office and don’t know how Comey can keep going.”

    The agent was also surprised that the bureau did not bother to search Clinton’s house during the investigation.

    “We didn’t search their house. We always search the house. The search should not just have been for private electronics, which contained classified material, but even for printouts of such material,” he said.

    “There should have been a complete search of their residence,” the agent pointed out. “That the FBI did not seize devices is unbelievable. The FBI even seizes devices that have been set on fire.”

  • And the FBI summary report shows that Hilalry indeed broke the law. (Hat tip: Director Blue.)
  • Independent charity auditor found that the Clinton Foundation was a favor machine:

    But most serious disclosure in the review was that donors expected a “quid pro quo” in return for their contributions. “Some interviewees reported conflicts of those raising funds or donors, some of whom may have an expectation of quid pro quo benefits in return for gifts.”

    “This was bright line illegal,” Wall Street analyst and philanthropy expert Charles Ortel told The Daily Caller News Foundation. “This is a rogue charity that was out of control for years. And the trustees elected to not correct them. We’re not talking about people with no knowledge of the laws. These are people who can’t claim ignorance.”

  • Hillary Charged Morrocan Government $12 Million for a Private Meeting.” Obviously they were desperate for some yoga tips…
  • More on that meeting:

    The email from Huma Abedin, Clinton’s Deputy Chief of Staff at the State Department, was addressed to Podesta and campaign manager Robby Mook. Hillary Clinton was a director of the foundation at the time.

    Singapore and Hong Kong officials reportedly were also vying to convene the CGI meeting in their countries, but the North African nation ultimately hosted it in a five-star hotel in Marrakesh, Morocco, in 2015. Abedin told Podesta and Mook that Morocco was not CGI’s “first choice.”

    The actual meeting was paid for by OCP, the Moroccan-government-owned mining company that has been accused of serious human rights violations. Clinton vigorously supported the Moroccan King when she was Secretary of State and the U.S.-financed Export-Import Bank gave OCP a $92 million loan guarantee during her tenure as Secretary of State.

    The mining company also contributed between $5 million to $10 million to the Clinton Foundation, according to the charity’s web site.

    (Hat tip: Ace of Spades HQ.)

  • And of course there’s nothing suspicious at all about State Department officials discussing a $1 million donation to the Clinton Foundation from Qatar. (Hat tip: Director Blue.)
  • Only 5.7% of Clinton Foundation donations actually go to charity. (Hat tip: Director Blue.)
  • Clinton Foundation staffers talk about conflicts of interest within the Clinton Foundation.
  • The Clinton Foundation’s efforts in Columbia were a big success…at least for the bank account of Bill Clinton financial partner Frank Giustra. For regular Columbians? Not so much.
  • Woman on Hillary’s payroll brags about starting riots, hassling Trump supporters.
  • More on the same subject. DNC operative Aaron Minter: “So the Chicago protest when they shut all that, that was us.”
  • The dirty tricks are so blatant that even The New York Times was forced to notice. (Hat tip: Instapundit.)
  • Is this the fifth link I’ve provided to Hillary’s secret Goldman Sachs speeches, or the sixth? To tell you the truth, in all this excitement I kind of lost count… (Hat tip: Director Blue.)
  • Clinton is not the tech privacy candidate.
  • Eight Hillary lies debunked. (Hat tip: Director Blue.)
  • AP conspires with Obama Administration, Clinton functionaries to hide Iran deal from public.
  • Her crimes, his words.
  • Hillary Clinton’s non-answers to the Judicial Watch lawsuit. (Hat tip: Director Blue.)
  • Bill Clinton accused of yet another sexual assault by yet another woman.
  • “Believe the victims — unless they’re Bill’s.” (Hat tip: Instapundit.)
  • Meanwhile, at the other end of the field, Trump accuser has the same phone number as the Clinton Foundation.
  • Even Democrats freaked out about Hillary’s agressive gun control stance. (Hat tip: Director Blue.)
  • Hillary Clinton’s security detail laughed after she broke her elbow because she treated them like shit.
  • Latest Wikileaks dump exposes George Soros’ contact information.
  • “Most Say Media, Not Russians, Tilting the Election.” (Hat tip: Director Blue.)
  • “Electing Hillary Clinton will be an endorsement of permanent political corruption and consent for the use of government as an instrument to extinguish dissent.”
  • WikiLeaks poisons Hillary’s relationship with left.” That headline is sort of like “Audit poisons Bernie Madoff’s relations with investors.” (Hat tip: Stephen Green at Instapundit.)
  • This Week in Clinton Corruption for September 21, 2016

    Wednesday, September 21st, 2016

    Today officially begins autumn, when leaves should be falling just like Hillary Clinton’s feeble body and poll numbers:

  • Hillary Clinton is stealing money from her poorest donors. “You made a one-time donation to Hillary? We’re pulling that much out every month, whether you like it or not! That’s what we mean by ‘Stronger Together.'”
  • And remember, 100+% of the Clintons’ “charity” donations went to themselves. (The plus comes donating $42,000 to a charity that then turned around and donated $700,000 to the Clinton Foundation.)
  • “Former President Bill Clinton and his Clinton Health Access Initiative (CHAI) distributed ‘watered-down’ HIV/AIDs drugs to patients in sub-Saharan Africa, and ‘likely increased’ the risks of morbidity and mortality.” (Hat tip: Ace of Spades HQ.)
  • Hillary’s IT guy went on Reddit two years ago to ask how to strip out VIP email addresses from an email archive. Bonus cover-up: “Holy shit they actually deleted all their comments from a 2 year old reddit post.” (Hat tip: Director Blue.)
  • More on the same subject, including a timeline. (Hat tip: Director Blue.)
  • “A recent NBC News poll found that just 11 percent of Americans say Clinton is honest and trustworthy. To put that in perspective, 14 percent of American voters believe in Bigfoot. In other words, more Americans believe that a large, hairy, hominoid creature inhabits the forest of North America than believe that Hillary Clinton tells the truth.” (Hat tip: Real Clear Politics.)
  • “It’s another piece that follows on from yesterday’s story-of-the-day, Trump’s wrangling the media to hear his announcement of Obama’s birthplace and deflection of blame onto Hillary. Sullivan explains how the press got played, but not why. The why is, I think, eagerness to help Hillary: They’ve made themselves stupid — stupid for Hillary. What’s the cure? I would think: serious, professional journalism. But Sullivan just tells them to stop it.”
  • Scott Adams: “The main targets of Trump’s rhetoric are the nations that compete against us. In stark contrast, Clinton turned her hate on American citizens. That’s the real kind of hate. Trump is more about keeping America safe and competing effectively in the world.”
  • The former president of Haiti’s senate said Bill Clinton tried to bribe him.
  • The more voters hear of either Trump or Hillary, the less they like them. Which means Hillary spending more money on advertising may be counter-productive.
  • Flashback: William Safire pegged Clinton as a congenital liar in 1996. (Hat tip: the Observer via Austin Bay at Instapundit.)
  • Dem media mouthpieces panic. “The mainstream press is in a state of utter panic at the prospect that Trump, a person they’ve decided should never be president, is within an eyelash of Clinton in the polls.”
  • Hillary Clinton hates you.” (Hat tip: Instaundit.)
  • Huffington Post publishes: Why Hillary Lost: A Premature Obit. (Hat tip: Director Blue.)
  • Vodka Pundit wargames the election again: “Clinton collapsed on video nine days ago in New York, but her collapse in the polls might be just beginning.”
  • Putin and the Panama Papers

    Sunday, April 3rd, 2016

    Here’s a potentially huge scandal that’s just unfolding now:

    An unprecedented leak of more than 11 million documents, called the “Panama Papers”, has revealed the hidden financial dealings of some of the world’s wealthiest people, as well as 12 current and former world leaders and 128 more politicians and public officials around the world.

    More than 200,000 companies, foundations and trusts are contained in the leak of information which came from a little-known but powerful law firm based in Panama called Mossack Fonseca, whose files include the offshore holdings of drug dealers, Mafia members, corrupt politicians and tax evaders – and wrongdoing galore.

    The law firm is one of the world’s top creators of shell companies, which can be legally used to hide the ownership of assets. The data includes emails, contracts, bank records, property deeds, passport copies and other sensitive information dating from 1977 to as recently as December 2015.

    It allows a never-before-seen view inside the offshore world — providing a day-to-day, decade-by-decade look at how dark money flows through the global financial system, breeding crime and stripping national treasuries of tax revenues.

    There’s 2.6 terrabytes of data released, including Donald Trump’s favorite Russian dictator:

    The most extraordinary allegations in the archive revolve around Putin’s closest associates, including Sergey Roldugin, a close friend since the late 1970s when Putin was a young KGB agent.

    Roldugin is a cellist for the St Petersburg orchestra, yet his name appears as the owner of offshore companies that have rights to loans worth hundreds of millions of dollars. A Russian news service report in 2010 disclosed that he owned at least three per cent of Bank Rossiya, Russia’s most important bank.

    When Mossack Fonseca helped open a bank account in Switzerland on behalf of Roldugin, the application form asked if he had “any relation to PEPs (politically exposed persons) or VIPs.”

    The one-word answer was, “No.” Yet, Roldugin is godfather to Putin’s daughter Mariya.

    “Roldugin is, by his proximity to a serving head of state, clearly an exposed person,” Mark Pieth, a former head of the Swiss justice ministry’s organized crime division, told the ICIJ team.

    The documents show how in 2008 a company controlled by Roldugin had influence over Russia’s largest truck maker Kamaz, joining with several other offshore companies to help another Putin insider acquire majority control of the company. They wanted foreign investment, and German carmaker Daimler later that year bought a 10 per cent stake in Kamaz for $250 million.

    The offshore company that connects many Putin loyalists is Sandalwood Continental Limited in the British Virgin Islands. Roldugin was a shareholder until 2012, as was Oleg Gordin, a little-known businessman whom incorporation documents describe as linked to “law enforcement agencies.”

    The files also mention a company co-owned by Putin friend Yury Kovalchuk, the largest shareholder of Bank Rossiya. Kovalchuk was among those targeted by US sanctions in 2014 in retribution for Russia’s invasion of Crimea. Another friend, Arkady Rotenberg, Putin’s judo partner and a billionaire construction mogul, openly obtained companies through Mossack Fonseca. The US Treasury Department, when sanctioning him in 2014, suggested that the oligarch acted on behalf of “a senior official.”

    That was widely believed to mean Putin, whose fingerprints were not on any offshore company.

    The fact that Putin is lining the pockets of himself and his cronies is hardly shocking, but having concrete proof of it is a different thing altogether.

    Strangely, the web page for the papers run by the International Consortium of Investigative Journalists‎, doesn’t seem to have any Americans fingered by the papers yet. There’s a good chance that could change.

    Developing…

    Three Texas Planned Parenthood Clinics Raided Over Medicaid Fraud

    Thursday, October 22nd, 2015

    “Health investigators with the state of Texas went into Planned Parenthood’s clinic in San Antonio, Houston, and Dallas Thursday morning, but declined to say why.”

    Snip.

    “Earlier this week, the [Texas Health and Human Services Commission] alleged that Planned Parenthood “committed and condoned numerous acts of misconduct captured on video that reveal repeated program violations and breach the minimum standards of care required of a Medicaid enrollee.”

    I’m sure Planned Parenthood’s backers will soon tell us why abortion is such an important and fundamental right that the organization should be allowed to commit Medicaid fraud at will…

    Texas vs. California: Cali Goes Batshit Insane Edition

    Tuesday, August 25th, 2015

    California has long had a tenuous grasp of what the rest of us regard as consensus reality. But two new pieces of legislation suggest they’ve gone off the deep end into full Victimhood Identity Politics land:

  • First, they decided that police shootings wouldn’t be subject to the grand jury process, because what’s a little things like two centuries of due process and the fifth amendment to the Constitution when there are policemen to be railroaded to satisfy black protesters?
  • They also decided to purge the words “illegal alien” from state statutes, because what’s mere law when there’s political correctness to be pandered to?
  • Of course, that’s not all that’s new on the Texas vs. California front:

  • “California taxpayers paid out big bucks to state workers in 2014. How much? More than the Gross Domestic Product of 100 countries, according to new data published by the State Controller’s office. In 2014, more than 650,000 state employees earned a total of $32 billion in wages and benefits.” It gets better: “Nine hundred sixty-nine state employees earned more than the President of the United States.” Added irony:

    The lowest paid average workers represented agencies focused on the environment, women and people with disabilities. According to the state’s 2014 payroll data, the average salary for the 11 state employees at the California Commission on Disability Access was just $15,213 per year, slightly more than the $14,494 average salary paid to the four employees at the Commission on the Status of Women.

  • There is no California. Only Zuul…
  • Texas unemployment rate: 4.2%. California unemployment rate: 6.2%. (Hat tip: WILLism’s Twitter feed.)
  • Los Angeles’ new minimum wage has wrecked hotel employment. Or maybe just non-illegal alien employment… (Hat tip: Moe Lane.)
  • Why Public Services in California Decline Even As Revenues Rise. “Until California’s leaders address the three elephants – retirement, healthcare and corrections costs — that are crowding out public services and causing unproductive tax and fee increases, citizens will continue to suffer and inequality will continue to grow.” (Hat tip: Pension Tsunami.)
  • Chuck Devore on what makes Texas friendly to business: less red tape and lower taxes.
  • Voters to San Jose City Council: We want pension reform! San Jose City Council to voters: Get stuffed! (Hat tip: Pension Tsunami.)
  • TV’s CHiPS never seemed to be involved in ethics scandals the way the current administration is, including no-bid contracts to European companies. (Bonus: it’s also suitable for Dwight’s Art Acevedo watch.)
  • California’s “Green Jobs Initiative” spent $297 million to create 1,700 jobs.
  • More on the same theme, and Tom Steyer wasting $29.6 million of his own money pushing it, from City Journal.
  • California’s SFX: from billion dollar company to bankruptcy.
  • Kroll Report Whitewashed Low LSAT Scores at UT Law

    Friday, June 12th, 2015

    Remember the Kroll Report, the look into the University of Texas’ system of preferential admissions for unqualified friends and relatives of the well-connected? The one that showed UT Regent Wallace Hall was right and his critics were wrong?

    Now it turns out that the Kroll report whitewashed some aspects of the UT scandal, namely how low the LSAT scores were for some of those well-connected applicants:

    “Of 6,155 admitted applicants from 2010 to 2014, only four were admitted with an LSAT score below 150,” Kroll reported. Also, “During the time period reviewed, we found only two applicants who were admitted with both an undergraduate GPA below 3.0 and LSAT score below 155; however, both applicants belonged to an under-represented minority group and had valuable public sector experience before applying to law school.”

    Actually, Kroll found dozens of students with LSAT scores below 150, and even found three students admitted during the Powers years with scores in the 130s.

    Snip.

    It’s impossible to say now exactly how many underqualified students were admitted, as UT redacted the tallies. We can say that in 2004, UT Law admitted at least one person with each of the following scores: 137, 140, 141, 144, 147, 148 and 149.

    In 2005, UT Law admitted at least one person with each of the following scores: 137, 140, 141, 143, 144, 147, 148 and 149.

    In 2006, the low scores recorded were 137, 141, 143, 146, 147, 148 and 149.

    So who ordered the Kroll to spike its findings?

    “Vice Chancellor Dan Sharphorn oversaw the report. He reports directly to Chancellor Bill McRaven.”

    Ongoing lawsuits by Watchdog.org and a Dallas Morning News columnist may succeed in getting past UT’s stonewalling (“In response to a public records request, UT last week produced a key 24,536-page document from the Kroll files, with every last page redacted.”) to cast some light on the subject.

    (Hat tip: Instapundit.)

    Greece Debt Crisis Update for May 14, 2014

    Thursday, May 14th, 2015

    Greece managed to make its scheduled IMF loan repayment of around €750 million ($837 million) which “buys the country a few more weeks to reach a deal with creditors on fresh financing.”

    Greek finance minister Yanis Varoufakis said “Greece must escape the ‘strictness trap’ of budget measures that might hurt the economy and so prevent the country from reducing its debt mountain to manageable levels.” In other words: “We absolutely refuse to stop spending other people’s money to prop up our welfare state.”

    So the farce will continue on a little longer, at least.

    In other Greek debt news:

  • Greece is “back” in recession. Assuming you believe it ever actually left it.
  • Europe wants €3 billion in budget cuts from Greece.
  • “The German Finance Ministry is supporting the idea of a vote by Greek citizens to either accept the economic reforms being sought by creditors to receive a payout from the country’s bailout program or ultimately opt to leave the euro.” Hmm, recognize economic reality or exit the Euro. Decisions…
  • And if you thought Greece had abandoned their stupid “German war reparations” idea, think again: “Archival video footage highlighting Nazi atrocities in Greece is being shown to commuters on the Athens subway as part of a campaign demanding war reparations from Germany.” I’m sure that will get them on Angela Merkel’s good side.
  • The Two Greeces: “Official Greece is dysfunctional; unofficial Greece works quite well. The official, theoretical Greece has checks and balances. The unofficial, reality-based Greece turns a blind eye when people break rules and dodge taxes.” I’m not nearly as positive as the author that the corrupt one can be swept away, or that Syriza wants to.
  • The Ghost Factories of Greece.
  • Texas vs. California Update for April 15, 2015

    Wednesday, April 15th, 2015

    Hope you’ve finished your taxes already! Time for another Texas vs. California update:

  • Detroit and Stockton’s bankruptcies may signal further problems nationwide, says New York Fed President William Dudley. “While these particular bankruptcy filings have captured a considerable amount of attention, and rightly so, they may foreshadow more widespread problems than what might be implied by current bond ratings.”
  • The Texas senate approves a $211.4 billion biannual budget, which will need to be reconciled with the $209.8 billion House budget. Both budgets offer tax relief, but of different kinds.
  • The senate also zero funds two rogue agencies the Texas Racing Commission and the Travis County Public Integrity Unit. Expect Texas House Speaker Joe Straus, with deep ties to the gambling industry, to go to the mat to save the Racing Commission.
  • The Texas senate has also passed signifcant spending limit reform in Senate Bill 9.
  • CalPERS raises contribution rates by 6%.
  • California senate OKs yet another restrictive energy policy bill. Yet another in their continuing “Let’s send as much business to Texas as possible” acts…
  • Los Angeles Unified School District extends lavish employee benefits package another three years, despite existing underfunded liabilities. (Hat tip: Pension Tsunami.)
  • California sets aside $261 million for cost overruns on its already pricey high speed rail boondoggle.
  • California’s drought is something environmentalist liberal elites have brought on themselves: “Those who did the most to cancel water projects and divert reservoir water to pursue their reactionary nineteenth-century dreams of a scenic, depopulated, and fish-friendly environment enjoy lifestyles predicated entirely on the fragile early twentieth-century water projects of the sort they now condemn.”
  • More on the same theme.
  • San Diego builds a desalinization plant (Hat tip: Moe Lane.)
  • Central California is already starting to suffer water-related thefts.
  • In the wake of the Vergara ruling, California Republicans want to overhaul how teachers are hired and fired. Naturally teacher’s unions are opposed…
  • Judge rules that California must pay for sex change operations for prisoners on Eight Amendment grounds. “To contend that ‘forcing’ a prisoner to continue as a man violates the Constitution is absurd…It is nonsensical to grant imprisoned convicted felons health-care ‘entitlements’ that many law-abiding, hardworking taxpayers don’t enjoy.”
  • California prostitutes demand prostitution be legalized. You’d think they’d get a sympathetic hearing from California’s Democrat-controlled legislation, what with all they have in common… (Hat tip: Instapundit.)
  • Stanford student council candidate grilled over Colleging While Jewish. This could go in the regular LinkSwarm, but I noticed that both of these recent incidents took place in California.
  • Texas vs. California Update for March 12, 2015

    Thursday, March 12th, 2015

    Time for another Texas vs. California update:

  • In a worst-case scenario, CalSTARS and CalPERS might need an additional $50 billion a year between them to stay solvent.
  • If you haven’t taken a look at my piece on Stockton’s latest boondoggle, you probably should.
  • A new ballot initiative to cut California public employee pensions is due out in May, lead by former San Jose Mayor Chuck Reed, a Democrat.
  • Even Jerry Brown’s timid pension reforms are evidently too much for the Obama Administration, which is holding up funds over them.
  • A rare bit of good municipal news out of California, as Rancho Mirage declares that they’re debt free. (Hat tip: Pension Tunami.)
  • Prime Health Care pulls out of Daughters of Charity hospital acquisition. California Attorney general Kamala Harris may have just insured those hospitals will close instead.
  • Texas population to explode. (Hat tip: Push Junction.)
  • Land acquisition for California’s high speed rail boondoggle isn’t going swimmingly.
  • Malibu Golf Club files for Chapter 11. “An attorney for Malibu Associates said the company closed the golf club after defaulting on a $47-million loan from U.S. Bank, which has begun foreclosure proceedings.”
  • “In February, the Berkeley Health Center, a clinic that provided medical services to low-income patients, closed down in the wake of serious financial troubles, including allegations that it had mismanaged public funds.” They also left behind sensitive patient records…
  • Calfornia hikes water rates. Millions for the delta smelt, not one blue drop for you to drink…
  • Monolith Semiconductor relocates from Ithaca, New York to Round Rock.