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Tuesday, February 27, 2007

Another Clinton Financial Oversight

The shady financial dealings of the Clintons just never end. For two people who are always regaled as being so smart, they sure do have plenty of oversights and fail to disclose pertinent financial information. As usual though, they send out some hack to offer a mealy-mouthed explanation.

Clintons' Charity Not Listed On Senate Disclosure Forms
Sen. Hillary Rodham Clinton and former president Bill Clinton have operated a family charity since 2001, but she failed to list it on annual Senate financial disclosure reports on five occasions.

The Ethics in Government Act requires members of Congress to disclose positions they hold with any outside entity, including nonprofit foundations. Hillary Clinton has served her family foundation as treasurer and secretary since it was established in December 2001, but none of her ethics reports since then have disclosed that fact.

The foundation has enabled the Clintons to write off more than $5 million from their taxable personal income since 2001, while dispensing $1.25 million in charitable contributions over that period.

Clinton's spokesman said her failure to report the existence of the family foundation and the senator's position as an officer was an oversight. Her office immediately amended her Senate ethics reports to add that information late yesterday after receiving inquiries from The Washington Post.
Well, of course, everyone does it!
"The details of the Clintons' charitable family foundation and Senator Clinton's role in it have always been publicly available, but, in an oversight that leaders of both parties have made, it was inadvertently omitted from her Senate filing, which has been corrected," Hillary Clinton's press secretary, Philippe Reines, said yesterday.

Among the institutions receiving grants from the Clinton Family Foundation were Yale University, where both attended law school; groups named for deceased heads of state in Israel and Jordan; a charity connected to the Arkansas businessman who helped Hillary Clinton make $100,000 on a commodities trade that stirred controversy a decade ago, and Internal Revenue Service reports show.
UPDATE: More from Michelle Malkin.

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