Hillary Clinton corruption! The 2016 Presidential race! Two not-so-great tastes that taste absolutely rancid together!
Let’s tuck in, shall we?
A joint fundraising committee called the Hillary Victory Fund, ostensibly designed to funnel money from rich donors to local party committees, had in fact been used as a cut-out to funnel money back to the national party and the Clinton campaign.
As an example, take couples who paid or raised $353,400 to sit at a table with George Clooney, a sum that Clooney himself called an “obscene amount of money.” The figure represented the maximum allowable donation given the structure of the Hillary Victory Fund, a joint venture between the Clinton campaign, the DNC and 32 state committees.
Donors can give a maximum of $5,400 per election cycle to Hillary’s campaign, $33,400 per year to the DNC, and $10,000 per year to each of the 32 state committees in the fund.
If you assumed that the Clooney guests had already given their maximum $5,400 to the Clinton campaign, that left just over $353,000 for the DNC and the committees.
But Vogel and Arnsdorf found that less than 1 percent of the $61 million raised by the Hillary Victory Fund went to the state committees.
Actually it’s better to say that only 1 percent of the money “remained” with the committees. In talking to state sources, the Politico reporters found that large sums of money would sometimes appear briefly in state committee coffers, and disappear just as quickly, and then just as quickly be deposited into DNC accounts.
The money sometimes came and went before state officials even knew it was there. Politico noted that the Victory Fund treasurer, Beth Jones, is also the COO of the Clinton campaign.