Morris: Clinton Library Foundation is a ‘Slush Fund’, NewsMax article February 9, 2001, Dick Morris  he’ll use it for all kinds of things that could be loosely identified as foundation business

The following article can no longer be found at NewsMax. Apparently their archives only go back to 2007.

It was retrieved from the Wayback Machine and is therefore presented in it’s entirety.

From NewsMax February 9, 2001 via the Wayback Machine.

“Morris: Clinton Library Foundation Is a ‘Slush Fund’

“The William J. Clinton Presidential Foundation, which reportedly expects to raise $200 million to build a library to help memorialize the ex-president’s legacy, is nothing more than a ‘slush fund,'” says one-time Clinton confidant Dick Morris.

“First, let’s understand what the word ‘library’ means,” Morris told Fox News Channel’s Paula Zahn Thursday night.

“This is not a fund that will go for brick and mortar to build a building – and the contractors will spend the money and that’s it. It’s been rumored and reported that the amount that they have raised substantially, if not vastly, exceeds the amount needed to build the building.”

“This is a fund – in effect, a foundation, a kind of slush fund that Clinton will have for the rest of his life,” Morris charged.

“He’ll use [the money] for staff, he’ll use it for transportation, he’ll use it for all kinds of things that could be loosely identified as foundation business,” Morris explained.

“And basically, when you’re paying money to this foundation, you’re not just paying it for brick and mortar, you’re paying it for Bill Clinton’s upkeep.”

“This is going to be Clinton’s private, personal slush fund,” Morris told Zahn.

Last Friday Clinton told reporters that his foundation would contribute $300,000 to offset an anticipated $800,000 annual rent for his post-presidential office space, after Congress complained about the sky-high costs.”

http://web.archive.org/web/20010417015500/http://www.newsmax.com/showinside.shtml?a=2001/2/9/103908