Philanthro-crony-capitalist corruption in the U.S. has reached levels that put Lower Slobovia to shame.
Granted, the fantasy of philanthrocapitalism is appealing: take a bunch of fabulously successful entrepreneurial billionaires, grant their foundations tax-free status, and then unleash them on the world as philanthropists who will solve problems by applying the incentives of capitalism.
While this sounds great in a TED talk, the ugly reality is that it was philanthrocapitalism’s criminal predatory twin, Philanthro-Crony-Capitalism, that was unleashed. To illustrate how Philanthro-Crony-Capitalism works, let’s visit the charmingly corrupt and venal nation of Lower Slobovia.
Former President Paytoplay starts a non-profit charitable foundation, which starts business right as Former President Paytoplay’s wife is appointed Secretary of State for Lower Slobovia.
Since we know Lower Slobovia is corrupt, we know how this goes. Dictators, corporations, cartels, etc. who need favors from Lower Slobovia make huge “donations” to the Paytoplay Foundation, and like magic, their favors are granted by the government of Lower Slobovia.
Sadly, there is no corrupt Lower Slobovia or corrupt Paytoplay Foundation. There is however a corrupt USA and corrupt Clinton Foundation, which you can read about here: Putting the Clinton Foundation in Context: Corruption Plain on the Face of It (Amy Sterling Casil)
“I am not only qualified to assess the Clinton Foundation, I am also in a position that enables me to do so without fear of harming people in need. Any nonprofit professional in the U.S. can look at the Foundation’s own statements, tax filings and financial reports and see there is something wrong. No one who works for a nonprofit right now should do so because of the Clinton penchant for revenge and clear signs there are problems in tax and law enforcement that could lead to harm of their organization or clients. Ethically, they ought not comment because they will put their organizations or those they are charged to serve at-risk.
Since I don’t work in the nonprofit field any longer and know I will never be able to return to it, I am free to write these articles. There are only two things I can identify at which the Clinton Foundation excels: putting cash in the bank and spending it.
The Clinton Foundation isn’t a charitable organization. Charles Ortel calls it the ‘biggest charity fraud ever attempted.’