Today’s Clinton Scandal

The Wall Street Journal has an article out in the last hour about the latest Clinton scandal:

Clinton Charity Aided Clinton Friends

By James V. Grimaldi

HASTINGS, Neb.—The Clinton Global Initiative, which arranges donations to help solve the world’s problems, . . .

Oh just stop right there. “[W]hich arranges donations to help solve the world’s problems” is the best bit of droll comedy writing I’ve seen in a long time in a straight new story. Who needs to be president when you can solve the world’s problems by “arranging donations”?

Anyway, it seems the Clintons arranged a $2 million commitment from the Clinton Foundation to benefit a private company run by friends of the Clintons, and it involves that problem-solving industry—clean energy!

Energy Pioneer Solutions was founded in 2009 by Scott Kleeb, a Democrat who twice ran for Congress from Nebraska. An internal document from that year showed it as owned 29% by Mr. Kleeb; 29% by Jane Eckert, the owner of an art gallery in Pine Plains, N.Y.; and 29% by Julie Tauber McMahon of Chappaqua, N.Y., a close friend of Mr. Clinton, who also lives in Chappaqua.

And here is Ms. McMahon, who looks very much like the kind of problem solver that Bill Clinton especially likes to help out:

Julie McMahon copyMeanwhile, like so many green energy “investments,” this one didn’t work out so well:

Energy Pioneer Solutions has struggled to operate profitably. It lost more than $300,000 in 2010 and another $300,000 in the first half of 2011, said records submitted for an Energy Department audit. Mr. Kleeb noted that losses are common at startups.

“Losses are common at startups” especially if they’re “green” energy startups. When are we going to start calling such projects by a more accurate name: red energy?

And if Hillary is elected president, my early bid says that the Clinton Foundation and its friends will see their “donations to solve the world’s problems” balloon to over $1 billion by the end of Madam President’s first year in office is over.