'Politicization' blamed as Pierre Elliott Trudeau Foundation CEO, board step down amid Chinese donation scandal

[CdnFox]

https://nationalpost.com/news/board-ceo-of-pierre-elliott-trudeau-foundation-steps-down#amp_tf=From %1%24s&aoh=16812224187797&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fnationalpost.com%2Fnews%2Fboard-ceo-of-pierre-elliott-trudeau-foundation-steps-down

Quote

 

“As an independent, non-partisan charity, ethics and integrity are among our core values and we cannot keep any donation that may have been sponsored by a foreign government and would not knowingly do so,” she wrote in the statement.

“In light of these recent allegations, the foundation has refunded to the donor all amounts received with respect to the donation pledge.”

Citing confidential national security sources, the Globe and Mail reported the donation by the two men was part of a $1-million donation in honour of former prime minister Pierre Trudeau in 2016 — $200,000 to the foundation and an $800,000 pledge to the University of Montreal, where Pierre Trudeau studied law.

The university told The Canadian Press that it had received $550,000 to create scholarships on behalf of the two businessmen.

 

So this is in fact one of the more popular ways for politicians and select others to make a crap tonne of money when in office without showing that they're making any money.

You create a charity. When someone wants to bribe you, they donate to your charity. Now YOU don't take any money from the charity when you're in office. But you use money to grow the charity and everyone "knows" a donation to the charity will mean you are more likely to get what you want from the person you're dealing with at the gov't.

Then when your term in office is finished, you become a director of the charity and take a 'stipend' of a few million a year to run the board and the charity.  Which basically involves giving money to people who suck up to you enough to look good to a peer group.

And i love that trudeau's defense is that the allegations are 'unfounded'. NO - they are accurate, the charity admitted it and returned the money it doesn't get more 'founded' than that

 

[OftenWrong]

1 hour ago, CdnFox said:

Then when your term in office is finished, you become a director of the charity and take a 'stipend' of a few million a year to run the board and the charity.  Which basically involves giving money to people who suck up to you enough to look good to a peer group.

Or better yet, get your mom to run it. Choose a charity that was started several years ago by a ten-year-old kid, that was his life's dream and he achieved it completely on his own. Then run it into the ground in less than two years, by creating a government scandal. Then, it's gone.

Now THAT's what you call "Good government work".

Edited April 12, 2023 by OftenWrong

[CdnFox]

14 minutes ago, OftenWrong said:

Or better yet, get your mom to run it. Choose a charity that was started several years ago by a ten-year-old kid, that was his life's dream and he achieved it completely on his own. Then run it into the ground in less than two years, by creating a government scandal. Then, it's gone.

Now THAT's what you call "Good government work".

LOL

Or of course your spouse.  (looking at you bill clinton).  He had the nerve to be pulling 25 mill a year from their charity while she was still in office and foreign nations were donating to it that she was dealing with.

In any case, turns out there's a lot of money to be made from poverty.

[CdnFox]

Imagine that.

These people are corrupt as the day is long,

[CdnFox]

https://nationalpost.com/news/politics/trudeau-foundation-donor-leads-group-under-chinese-communist-party-leadership

Trudeau Foundation donor heads group that adheres to 'total leadership' of Chinese Communist Party

The China Cultural Industry Association says on its website that its president is Chinese billionaire Zhang Bins

 

And one day he just HAAAAAPPPEENNED to decide to donate to Trudeau's foundation, which trudy will one day run again for money.

Yeah - nothing to see here.

[ExFlyer]

19 hours ago, CdnFox said:

Imagine that.

These people are corrupt as the day is long,

May be but, La Presse has to back up it's accusations.

To me, every "foundation" is corrupt and only there to line the pockets of a select few. Ya gotta wonder how politicians become millionaires if their only income has been public service pay. LOL

[CdnFox]

22 minutes ago, ExFlyer said:

May be but, La Presse has to back up it's accusations.

True, I would argue the NP's story does that but you're right, La Presse made the claim and they should back it up.

[ExFlyer]

1 hour ago, CdnFox said:

True, I would argue the NP's story does that but you're right, La Presse made the claim and they should back it up.

The press/media bun fight that who can make the most accepted suggestion seems to be the game now.

No proof needed, just announcements/suggestions/questionable statements win. 

[CdnFox]

20 minutes ago, ExFlyer said:

The press/media bun fight that who can make the most accepted suggestion seems to be the game now.

No proof needed, just announcements/suggestions/questionable statements win. 

True, that has been a problem of late. It used to be 'if it bleeds it leads" but now it's more of "If someone say, we print anyway"