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In reply to the discussion: Clinton Foundation Received Up To $81m From Clients Of Controversial HSBC Bank - Guardian [View all]Divernan
(15,480 posts)110. Clintons pushed the most wasteful of US funded Haiti projects.
http://www.judicialwatch.org/blog/2013/07/clintons-pushed-most-wasteful-of-u-s-funded-haiti-projects/
Clintons Pushed Most Wasteful of U.S.-Funded Haiti Projects
JULY 02, 2013
Not really, according to a federal audit of the $1.14 billion that Congress approved to help Haiti recover from the powerful earthquake that killed more than 200,000 and left over 1 million homeless. The probe was requested by a Florida congresswoman who chairs the House Middle East and North Africa Subcommittee because hundreds of millions have been spent in Haiti with virtually no accountability.
Clintons Pushed Most Wasteful of U.S.-Funded Haiti Projects
JULY 02, 2013
Roughly half of the $1.14 billion that the U.S. government allocated to help Haiti recover from the 2010 earthquake has gone to wasteful projects with the single largest chunk$170.3 milliongoing to a failed port and power plant adventure heavily promoted by Bill Clinton and the State Department under the leadership if his beloved wife.
Can you say scandal? The former president, who has been heavily involved in distributing Haiti earthquake reconstruction funds, pushed hard for the power plant and port for an industrial park in northern Haiti billed as the centerpiece of the United States effort to help the ravaged island nation rebuild. As Secretary of State Hillary Clinton joined her husband in the effort, making several trips to Haiti to promote the project and encourage foreigners to invest in it.
In fact, Bill and Hillary Clinton led a star-studded delegation last year to inaugurate the industrial park, located about 100 miles from Port-au-Prince, tied to the power plant and port. Hollywood actors, a famous fashion designer and a British business magnate joined the Clintons as did high-ranking Obama administration officials such as then Labor Secretary Hilda Solis.
Hillary delivered a heart-felt speech saying we have been united behind a single goal making investments in this countrys people and your infrastructure that help put Haiti finally on the path to broad-based economic growth with a more vibrant private sector and less dependence on foreign assistance. And we believe that our work here in Haiti and here in the north is beginning to show results.
Not really, according to a federal audit of the $1.14 billion that Congress approved to help Haiti recover from the powerful earthquake that killed more than 200,000 and left over 1 million homeless. The probe was requested by a Florida congresswoman who chairs the House Middle East and North Africa Subcommittee because hundreds of millions have been spent in Haiti with virtually no accountability.
The Clinton-backed power and port venture is the biggest and most expensive failure mentioned in the report. An astounding $170.3 million later, it is years behind schedule, lacks a qualified engineer and has unrealistic timeframes. As a result, planning has been hindered, the report says, and funding will be insufficient to cover a majority of projected costs. It will take an additional $117 to $189 million to complete it and its unclear whether the Haitian government will be able to find a private sector company willing to finance the remainder of the project.
That means Uncle Sam must come to the rescue or the $170.3 million already wasted on the project will be lost. Either way, U.S. taxpayers get screwed. Besides the scandalous, Clinton-backed power and port experiment, congressional investigators found mismanagement of a crucial housing plan that was supposed to accommodate up to 90,000 Haitians. USAID claims it will only be able to handle 3,200 to 15,900 people at nearly double the original cost of $59 million. That means the cost per house is nearly triple the original estimate, according to the report.
Back to the Clinton prominence in all things Haiti; the United Nations named the former commander-in-chief as a special envoy to the island and his Clinton Foundation has raised $34 million for Haiti since the catastrophic earthquake hit. Additionally, the former president has distributed $54.4 million from the Clinton Bush Haiti Fund, which was launched shortly after the earthquake. The fund closed in December after distributing the last of the money and claims that it has helped Haitians create a better future through smart, sustainable economic development though it acknowledges that much work remains to be done in Haiti.
Combined with the U.S. government money and other charities that have raised huge sums for Haiti earthquake recovery, the island has received billions to rebuild. Yet three years later, news report after news report reveals that a large number of Haitians still live in deplorable, shanty town tent cities and an ongoing epidemic of cholera has claimed thousands of lives. Makes you wonder if someone is pocketing the money.
That means Uncle Sam must come to the rescue or the $170.3 million already wasted on the project will be lost. Either way, U.S. taxpayers get screwed. Besides the scandalous, Clinton-backed power and port experiment, congressional investigators found mismanagement of a crucial housing plan that was supposed to accommodate up to 90,000 Haitians. USAID claims it will only be able to handle 3,200 to 15,900 people at nearly double the original cost of $59 million. That means the cost per house is nearly triple the original estimate, according to the report.
Back to the Clinton prominence in all things Haiti; the United Nations named the former commander-in-chief as a special envoy to the island and his Clinton Foundation has raised $34 million for Haiti since the catastrophic earthquake hit. Additionally, the former president has distributed $54.4 million from the Clinton Bush Haiti Fund, which was launched shortly after the earthquake. The fund closed in December after distributing the last of the money and claims that it has helped Haitians create a better future through smart, sustainable economic development though it acknowledges that much work remains to be done in Haiti.
Combined with the U.S. government money and other charities that have raised huge sums for Haiti earthquake recovery, the island has received billions to rebuild. Yet three years later, news report after news report reveals that a large number of Haitians still live in deplorable, shanty town tent cities and an ongoing epidemic of cholera has claimed thousands of lives. Makes you wonder if someone is pocketing the money.
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Clinton Foundation Received Up To $81m From Clients Of Controversial HSBC Bank - Guardian [View all]
WillyT
Feb 2015
OP
Meanwhile on the Skid Rows and in the public schools, the parks, the city halls, the
JDPriestly
Feb 2015
#79
Godamn those do-gooders!!! And the Gates people, with their damn free vaccines!!! nt
msanthrope
Feb 2015
#6
Looks like we get to guess your point. Since the graft is used for a good cause it's acceptable.
rhett o rick
Feb 2015
#9
I hope you don't believe that the $81 million won't influence any of HRC's decisions.
rhett o rick
Feb 2015
#15
Bill Clinton's shameful Haitian legacy as he facilitates U.S. business expansion
Divernan
Feb 2015
#108
Epstein is by far the biggest fly in the Clinton Foundation's 'charitable' ointment. nt
99th_Monkey
Feb 2015
#53
Whether its Legal or Not...Some snips of why this just doesn't look good for her campaign
KoKo
Feb 2015
#98
The willful choice to ignore whatever doesn't fit their views is endemic on this site.
Beacool
Feb 2015
#69
Let's try this message out to see if it's "Populisty" enough, "HSBC loves HRC, so what about you?"
rhett o rick
Feb 2015
#11
I can only speak for myself. I want to stop the rampant graft and corruption in Wash DC. nm
rhett o rick
Feb 2015
#17
Some folks are so comfortably ensconced they couldn't care less about preventing diseases and such.
DemocratSinceBirth
Feb 2015
#22
Actually the question was posted in #39 by me. You're dodging the questions and diverting
wyldwolf
Feb 2015
#56
You bet they love UBS, BFFs of the Clintons, Treasury, Fannie Mae & Wall Street since the 90s.
appalachiablue
Feb 2015
#95
That's right, Charity Begins at Home. Though somehow I don't think the USA is in
appalachiablue
Feb 2015
#93
More: HSBC could yet be prosecuted over tax-dodging scheme, warns Loretta Lynch/Guardian
Tierra_y_Libertad
Feb 2015
#36
I bet you it will the ignorant public's fault for not voting for her according to some here
Phlem
Feb 2015
#64
I'm not thrilled about Secretary Clinton, but in all fairness, how is this her scandal?
ColesCountyDem
Feb 2015
#59
She's not my first choice, but drive-by smears like this article are deplorable!
ColesCountyDem
Feb 2015
#77
"Donors who were clients of HSBC’s Swiss bank donated $81M to the Clinton Foundation, so?"
rhett o rick
Feb 2015
#91
Isn't it amazing that people refuse to acknowledge that and even double down against it.
Phlem
Feb 2015
#74
For those who have no idea what the Clinton Foundation is, maybe this will help
still_one
Feb 2015
#101
So you are saying it is a front and a lie. You don't need proof though because it has Clinton in
still_one
Feb 2015
#111