This Is How Corruption Works: A Hillary Clinton Example

Corruption

Source: WashingtonsBlog
Eric Zuesse
March 8, 2016

Hillary Clinton approved the construction in South Africa of the world’s two largest coal-fired power-plants, and helped them get Export-Import Bank financing (U.S. taxpayer backing); then, some of her friends received construction contracts to build them.

This was revealed by Itai Vardi in a terrific investigative news report at the desmog blog, on March 7th. Here’s an abbreviated version of it, courtesy of that extraordinary fine news-site:

The plants – named Medupi and Kusile – were set to each emit a staggering 25 million tons of CO2 into the atmosphere a year. To help finance the Medupi plant, the South African government turned to The World Bank, requesting a $3.5 billion loan.

South Africa lobbied World Bank officials and sought to gain the support of the US government. A series of diplomatic cables from then-US ambassador to South Africa to Washington reveal a number of quiet efforts to persuade the US government to support the loan. The cables, released by Wikileaks, were written in the latter part of 2009 and early 2010, leading up to the decisive vote on the loan in April 2010. …

In late March 2010, … according to newly released Clinton emails, the South African foreign minister contacted the State Department requesting to speak with the Secretary on the phone. The emails state that the minister was specifically seeking the US government’s ‘support’ for the loan. …

Clinton said: … ‘this project is essential to deliver electricity – which I think our experts agree is right.’ …

Seven days later, The World Bank approved the huge loan. The United States, along with the UK and Holland, abstained during the vote. …

‘I am not going to give them points for abstaining. This was totally the easy way out,’ said Karen Ornstein of Friends of the Earth. ‘If the US were to follow its own clean coal guidance for multilateral development banks it would have had to vote no on this loan.’ …

Continue Reading At: WashingtonsBlog.com

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BreakawayConsciousness

Zy Marquiez is an avid book reviewer, an open-minded skeptic, yogi, and freelance writer who regularly studies subjects such as: Consciousness, Education, Creativity, The Individual, Ancient History & Ancient Civilizations, Forbidden Archaeology, Big Pharma, Alternative Health, Space, Geoengineering, Social Engineering, Propaganda, and much more. His own personal blog is BreakawayConsciousnessBlog.wordpress.com where his personal work is shared, while TheBreakaway.wordpress.com serves as a media portal which mirrors vital information usually ignored by mainstream press, but still highly crucial to our individual understanding of various facets of the world. My work can also be found on https://steemit.com/@zyphrex.

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