And Obama is getting very rich indeed.
(From The Daily Caller)
In a relatively unnoticed series of steps during the first six-years of its existence, the Clintons converted their foundation from focusing solely on the presidential library in Little Rock, Ark., to a $2 billion globe-trotting political influence-peddling machine…
The transformation moved the Clinton non-profit from its declared exempt purpose in 1998 “to design, construct and initially endow a presidential archival deposit,” to the vastly expanded 2004 description of “dual missions of constructing and endowing the Clinton Presidential Center and park in Little Rock, Arkansas, and continuing the work of his presidency to strengthen the capacity of people in the United States and throughout the world to meet the challenges of global interdependence.”
Compare that statement to the mission description for Obama’s foundation in its exemption application, which gets to the same wide-open mission but without the multiple intermediate steps taken by the Clintons: