Hillary's assets [essential reading]

Washington Times ^ | May 06, 2007 | Editorial Board

[jdm]

During last month's debate among Democratic presidential candidates, NBC's Brian Williams asked Hillary Clinton, "How is America a better place because of all these burgeoning hedge funds?"

He was referring to the loosely regulated investment vehicles that frequently generate massive returns for their wealthy investors by using debt to leverage huge bets on movements in the commodity futures market and other financial arenas.

Considering her extraordinary success during 1978 and 1979, when, as a novice trader, she turned a $1,000 investment into a $100,000 profit in the highly risky cattle-futures market, Clinton was the right person to ask.

Today, hedge funds make up a supersized version of the speculative markets where Clinton toiled well before the onset of the 80s "decade of greed." Indeed, her $100K profit, equivalent to nearly $300K today, was four times the salary her husband earned as Arkansas attorney general.

Nevertheless, in May 1993, nearly a year before the public learned of Clinton's success in cattle futures, she self-righteously declared during her commencement address at the UofM: "Throughout the 80s, we heard too much about individual gain, about the ethos of selfishness and greed."

Clinton was right to say that "America is a great place because we have an entrepreneurial economy." Then she added, "One of the other reasons we're a great country is because we've learned over the years how to regulate that so nobody gets an unfair advantage."

This, from the politician whose cattle-futures score was clouded by all sorts of circumstances screaming "unfair advantage." In a market where 75% of participants, experienced and inexperienced alike, generally lose money and where brokers have the ability to allocate winnings among their customers, the WSJ reported that Clinton's commodities broker was disciplined for questionable trading practices before and after executing her extraordinarily profitable trades.

[Jim Noble]

this time she is going to ‘flood’ New Orleans Katrina land with lots more money. Does she know a lot of the people haven’t come back so she’s pandering to the wind basically..

They really need to get those voters back before Mary Landrieu runs for reelection.

[johnny7]

She’s never on the Sunday talk-shows... and nobody questions the DBM why.

[Darkwolf377]

I only hope this keeps up. HRC is one of the very few politicians who’s made me ask, repeatedly, “Who could vote for this person???” I can usually figure out the thinking of any candidate’s supporters, but not her.

[Edgar3]

“Hillary’s assets . . . large, very large.” Remove the ets and get the same results.

BaDONKa DONK DONK

[LibLieSlayer]

Yes, she is one of the most dangerous threats to our Nation... and she is endemic of her entire dim party!

LLS

[hinckley buzzard]

It probably won't make the Sunday papers, but yesterday Clinton was in Cleveland for an appearance at a refurbished city highschool to "talk about education." The 900-person auditorium had a crowd of about 125 there to see her in her free, open-to-the-public and well publicized visit.

At the last minute Clinton forces rounded up another hundred or so party hacks and hangers-on to add to the crowd size, but all in all it was a remarkably weak display. Mostly innercity black district in a majority Black/'rat city, and when they gave a party for Hillary! nobody came.

[ml/nj]

Chelsea works for a hedge fund.

ML/NJ

[investigateworld]

It’s hers to lose :^(

[neverdem]

thanks, bfl

[FreeKeys]

in fact she is normal for a communist.