Sunday, July 08, 2007

Clintons Gaining Money Outside of US

Hey folks,

Here is something for you to think about. While Supreme Leader Wannabe Hillary Clinton continues to rack up money by a small group of LWL billionaire, Bill Clinton is travaling the world attempting to get more money outside the US.

According to Reuters -Clinton mining anti-poverty plan gets $100 mln pledge

Canada's Lundin Group pledged $100 million to a mining industry initiative to fight poverty through former U.S. President Bill Clinton's charitable foundation, the Clinton Foundation said on Friday.

The Clinton Giustra Sustainable Growth Initiative was started last month with initial commitments of $100 million each from Canadian financier Frank Giustra and Mexican billionaire Carlos Slim.


Pay attention folks. That’s $200 million dollars from Canada and Mexico.

The initiative includes projects in Colombia and hopes to expand to Peru, Mexico and other Latin American countries soon.

The Clinton Foundation said the Lundin contribution "will be aimed, in large part, at approved projects in Africa, where the Lundin Group has significant mining, oil and gas interests."

The mining sector has been taking steps to overcome its historic reputation for making profits at the expense of the environment and taking advantage of indigenous populations.

The Lundin Group includes Lundin Mining Corp. and Tenke Mining Corp., which operates in the Democratic Republic of Congo. Its philanthropic arm Lundin for Africa already operates in five African countries.

This all sounds nice. But you are aware that you only have to donate 10 percent of your Charity a year. That folks, would leave $180 million dollars for them to play with. Couple that with the fact that Hillary is trailing, and the fact that this was created last month? Are you getting the picture?

I wonder how many more “foundations” have been receiving money as of late. Who from? Just something to think about and to keep an eye on.
Peter

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