While conservatives distract themselves to the point of hysteria over how to derail presidential contender Donald Trump, they are taking their eyes off the real prize -- how to prevent Hillary Clinton from claiming the Oval Office.
A new report published in the Free Beacon reveals a major tech company that paid Hillary Clinton $335,000 in 2014 for a single speech (we'd love to see the transcript of that one) just settled a suit with the Securities and Exchange Commission (SEC) over claims it repeatedly bribed foreign political officials in order to gain a business advantage:
Qualcomm, a wireless telecommunications company based in San Diego, paid $7.5 million to settle the SEC probe. In a statement announcing the settlement last week, the commission accused the company of violating the Foreign Corrupt Practices Act between 2002 and 2012 by hiring unqualified relatives of Chinese officials and providing them with luxury gifts that had “no valid business purpose.”
These allegations were echoed in a civil lawsuit filed by Qualcomm’s shareholders last month, which also accused the company’s executives of defrauding investors.
Clinton spoke at Qualcomm’s Wireless Reach conference in October 2014. Critics noted that the $335,000 speech payment was more than Bernie Sanders’s entire net worth.
According to Qualcomm’s website, Clinton’s address “captivated” the audience and focused on “the importance of empowering girls and women to believe they can succeed in any field.”
Not surprisingly, Qualcomm has been aboard the Clinton-train for quite some time, having contributed upwards of $250,000 to the Clinton Foundation and having worked closely with the Clinton Global Initiative. According to FB, Qualcomm co-founder, Irwin Jacobs, is personally a major fundraiser for Hillary Clinton’s campaign and Super PAC. The report continues:
The ongoing civil suit by Qualcomm shareholders claims that the company’s stock prices were artificially inflated because executives failed to correct false and misleading statements about the firm’s business prospects. It also “seeks to remedy damages caused to the Company by the Individual Defendants’ violations of the Foreign Corrupt Practices Act.”
The SEC settlement did not include an admission or denial from Qualcomm.
“From 2002 through 2012, Qualcomm provided things of value to foreign officials … to try to influence these decision makers to favor and/or promote Qualcomm-developed technology in an evolving international telecommunications market, thereby providing Qualcomm with a business advantage,” said the SEC.
Clinton has come under scrutiny for her paid speeches to corporations and the Clinton Foundation’s acceptance of large donations. Last year, Peter Schweitzer detailed connections between Clinton Foundation donations, Bill Clinton’s paid speaking gigs, and Hillary Clinton’s actions at the State Department in the book Clinton Cash.
The Hillary Clinton campaign did not respond to FB's request for comment. We're sure she won't release the transcript of her Qualcomm speech either.
*The Freedom Center is a 501c3 non-profit organization. Therefore we do not endorse political candidates either in primary or general elections. However, as defenders of America’s social contract, we insist that the rules laid down by both parties at the outset of campaigns be respected, and that the results be decided by free elections. We will oppose any attempt to rig the system and deny voters of either party their constitutional right to elect candidates of their choice.