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Pam and Russ Martens — Brazile Fallout: Hillary Privatized the DNC with Help from a Washington Law Firm

Summary:
Secret side agreements are a common maneuver by corporate law firms. Here’s how they work. An agreement that is legal and passes the smell test is drafted and submitted to a court or a regulatory body for public consumption. Then, a separate, secret side agreement is written and signed by both sides and it contains all of the smelly, shady, ethically questionable hard details on how the original agreement will be carried out.  Donna Brazile, the former interim Chair of the Democratic National Committee (DNC) during the 2016 presidential campaign, has written a new book, “Hacks: The Inside Story of the Break-ins and Breakdowns that Put Donald Trump in the White House,” and has revealed the secret side agreement that the DNC had with Hillary Clinton’s campaign.... This is how Brazile

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Secret side agreements are a common maneuver by corporate law firms. Here’s how they work. An agreement that is legal and passes the smell test is drafted and submitted to a court or a regulatory body for public consumption. Then, a separate, secret side agreement is written and signed by both sides and it contains all of the smelly, shady, ethically questionable hard details on how the original agreement will be carried out. 
Donna Brazile, the former interim Chair of the Democratic National Committee (DNC) during the 2016 presidential campaign, has written a new book, “Hacks: The Inside Story of the Break-ins and Breakdowns that Put Donald Trump in the White House,” and has revealed the secret side agreement that the DNC had with Hillary Clinton’s campaign....
This is how Brazile describes the secret side agreement in her book:
The agreement—signed by Amy Dacey, the former CEO of the DNC, and Robby Mook [Clinton’s campaign manager] with a copy to Marc Elias [lawyer at Perkins Coie] — specified that in exchange for raising money and investing in the DNC, Hillary would control the party’s finances, strategy, and all the money raised. Her campaign had the right of refusal of who would be the party communications director, and it would make final decisions on all the other staff. The DNC also was required to consult with the campaign about all other staffing, budgeting, data, analytics, and mailings.”
The Clinton camp has now attempted to defend itself by saying these terms are standard because they were not going to kick in until the Democratic Party had chosen its official presidential nominee at its party convention in July 2016. But that’s not what the actual secret side agreement says. It indicates the following: “Beginning October 1, 2015,” the HVF would begin transferring $1.2 million to the DNC at the start of each month with that release “conditioned on” Hillary Clinton’s primary campaign personnel being consulted “and have joint authority over strategic decisions over the staffing, budget, expenditures, and general election related communications, data, technology, analytics, and research. The DNC will provide HFA advance opportunity to review on-line or mass email, communications that features a particular Democratic primary candidate.”
Additionally, the secret agreement states that “the DNC agrees that no later than September 11, 2015 it will hire one of two candidates previously identified as acceptable to HFA” (Hillary for America, the primary campaign fund for Clinton) as its Communications Director. All of this is occurring in the fall of 2015 with the official Democratic nominating convention not taking place until July 2016....
It gets worse.
The question that no one seems to be asking is who are the main beneficiaries of Perkins Coie’s heavy influence at the top of the Democratic Party. Despite Obama’s re-election for a second term, the Democratic Party shed nearly 1,000 seats from coast to coast. The Republicans now control both houses of Congress and the Executive Branch. A man with the lowest approval rating in modern history now occupies the Oval Office.
The primary beneficiaries of this hubris have been the 1 percent – Wall Street and hedge fund titans – and giant multi-national corporations that dominate the client roster at Perkins Coie.

Those within the Clinton camp and DNC who are suggesting to the American people that there is nothing to see here, time to move along, are dead wrong. Just because the Republican presidential campaign may have been corrupted by outside forces doesn’t mean that the Democratic campaign wasn’t also corrupted by its own outside forces. It’s time to follow the obscene political money trail wherever it leads.
And it was the Clinton New Democrats that brought in Perkins Coie in the first place.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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