Armstrong Economics Blog/Corruption
Re-Posted Oct 12, 2018 by Martin Armstrong
COMMENT: The view of John McCain from outside the United States is completely opposite of how the American press portrays him. I even heard like Hillary, he too had a foundation that people had to donate to for him to sponsor certain bills.
REPLY: Oh yes, there is no question that the press outside the USA never portrayed McCain in some glowing light. He was always protected by the American press. It is just hard to say why or what was going on behind the curtain in this matter (see South China Morning Post). As far as the McCain Institute, he started it with $8 million in cash from political contributions he did not spend and they get to keep, which nobody ever talks about. The McCain Institute has accepted money also from George Soros and from Teneo, which was the company of Doug Band, the former President Bill Clinton’s “bag man.” Teneo has long helped enrich Clinton through lucrative speaking and business deals. It has even been alleged that the Clinton’s told him how to do it. Hillary even defends McCain. McCain Institute has refused to disclose how much money big donors have contributed to John McCain’s Institute. McCain was against Trump because one of the things Trump has targeted to “Drain the Swamp” is set up like the Clinton Foundation and McCain Institutes that allow people to bribe politicians. USA Today back in 2014 reported that people with actions before the Senate were donating to McCain.
One rumor is that Bill Browder allegedly donated to McCain Institute and in return, he sponsored the Magnitsky Act. No politicians should be allowed to have any such parallel “foundation” or “institute” that is really part of the Swamp.