The Embarrassment of Riches

Posted April 5, 2008 | 01:07 PM (EST)



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Call those folks in Hillaryland the "Friday Night Dumpsters". Through all the scandals and controversies of the Bill Clinton presidency, those of us who reported on that soap opera learned never to lock in social plans on a weekend.

They had it down pat: After fighting and maneuvering for as long as they could to avoid releasing records of some misadventure, real or imagined, the Clinton handlers would always "dump" all of them too late for anyone to make heads or tails of them on the evening newscasts.

The first embarrassing nuggets would only be discovered after hours of siftingthrough thousands of pages.

True, they would make the morning newspapers, but we're talking SATURDAY morning when most people are too bleary to read anything, much less think about it

Then as the really juicy stuff trickled out after days more of analysis, it would have become the "Old News". The fickle reader and viewer was tired of the story and wanted different stuff.

It's nice to know little changes. Those who read this morning's papers will see why candidate Hillary Clinton was reluctant to release these tax records.

Call it an "Embarrassment of Riches". Every Saturday front page features the Clinton 109 million. Right next to that is the headline about growing unemployment. It's the hard life up against the Clintons' extraordinarily good life.

The dump occurred late in the very same day that Clinton had proposed the creation of a cabinet department to combat poverty in this country. How is this for starters: What about taxing the hell out of those who make obscene amounts of money and giving the money to the poor?

Let's not hold our breath on that one, but while we wait, let's ponder who paid those millions to Bill and Hillary? Setting aside the book deals the question is not only who paid but why?

Was a Bill Clinton speech really worth hundreds of thousands? Was his investment advice really that valuable? Or was this another case of fat cats investing in the possibility that another President Clinton might be able to return the favors when she was in power?

There's another story that gets overshadowed on this big news day. It's the disclosure that campaign's chief strategist, Mark Penn, met a few days ago with Colombian government officials to discuss ways to pass the free trade agreement between their country and the United States.

When he isn't running the Hillary campaign Penn's day job is CEO of Burson-Marsteller, one of the world's biggest lobbying firms.

The problem is candidate Clinton publicly opposes the trade deal. To hold any other position would be political suicide in economically bleak Pennsylvania. But right in the middle of that state's critical primary battle, Mark Penn (no relation to William Penn I assume) slips away from campaign strategy to discuss lobbying strategy with the Colombians.

Now he's apologizing for his "error in judgment". Baloney. He's apologizing for getting caught.

It's like one of John McCain's chief advisers, Charles Black, who was reported to be calling his lobbying clients while he was actually riding the bus on McCain's wildly successful gimmick, "The Straight Talk Express".

Black, we're told, is not doing that anymore. Of course not. He got caught.

Let's not forget Barack Obama and the backyard sweetheart dealhe got from his now-indicted old buddy Tony Rezco. Obama now calls it a"boneheaded" mistake. But was the biggest mistake feeling back then he could get away with it?

And is our biggest mistake ever believing there's no quid-pro-quo, a at least an implied one, a chit to call in, sometime?

Here's the point: Those who believe these people buzz around the candidates and gorge them with money without expecting anything in return, please line up. I have some land in Arkansas, Arizona and Illinois to sell you. And Colombia too.

Speaking of Arkansas we haven't even seen the roster of those who contributed to the Clinton library. The way things are going it'll take a millennium before we do. Only then will be find out if these Clinton if it's a list of the civic minded or a rogue's gallery.

This is hardly a new issue. Surely we've all noticed that the big fundraisers are usually held in someone's mansion. The hosts and hostesses know that they can keep their mansions if they have friends in high places.

If all of this appears to be seamy, it also explains why, when going public is unavoidable, the best way to do so is the furtive "Friday Night Dump". What an apt name for the garbage of politics.


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Obama"s sweetheart deal. The real story.

Tony Rezco (Rezco"s wife) sold a portion (1/6) of the property Rezco purchased for $660,000, contiguous to Obama"s property for $125,000. If you do the math, Obama paid $15,000 over the real market value of $110,000 ($660,000 divided by 6 equals $110,000). Where I come from, that"s hardly a sweetheart deal. That"s fair market value plus, plus.

So take your disinformation and shove it, you pathetic excuse for a journalist.

favoriteFavorite Flag as abusive Posted 08:37 AM on 04/06/2008

It's a joke to comment about the Clintons money as if the average family sees any difference between the Clintons or the Obamas. The only real difference is how Michele whines about how tough it is to make it on a million a year.

favoriteFavorite Flag as abusive Posted 03:03 AM on 04/06/2008

The issue is not that the Clintons made so much money after Bill left the White House. I'd say they can make as much as they want. The problem is they've made so much money and then want back IN the White House. I mean, it's a common practice that government officials leave the government after years to go into private industry and become consultants and rake in the millions as consultants. But the understanding is they STAY out of government so there is no buying of influence. And regardless what someone folks want to believe, the money does taint politicians. That's why you have the Cheneys of the world who push for war - he made millions in the private sector with related companies once he left government years prior. Or politicians who push for government programs and legislation that benefit the industries that paid them huge consulting fees once they previously left the government. In short, it encourages corruption.
Corporations love political dynasties for that exact reason - they can buy influence with the next leader while legally lavishing the former leader with $$$.

favoriteFavorite Flag as abusive Posted 12:58 AM on 04/06/2008

Why no outrage about Daddy Bush and the Caryle Group - and the mega-millions that
Daddy Bush rakes in? A high-tech company where he made millions in a very very short amount
of time for doing nothing. Even the moron Reagan made $ 2 million for a speech in Japan.
This non-stop attacking of the Clintons borders on the pathological, they paid more in taxes -
$ 33 million than almost anyoone in this tax bracket. They gave $ 10 million to charity - how much
did Daddy Bush pay in taxes and how much did he give to charity?
There is nothing embarrasing about this - no one was forced to buy their books - millions of
people did - sounds like more jealousy - don't you people ever get tried of attacking President
Clinton and Senator Clinton?

favoriteFavorite Flag as abusive Posted 12:34 AM on 04/06/2008

So, Bob, you are giving the Clintons shit for making a lot of money. I don't recall you saying anything about Cheney and all his money. So they made a lot of money. It's not like they have disappeared into a gated community like a lot of the money people. They are out in the public arena running for office and pledging to solve the problems that plague us lesser mortals. Isn't that what the JFK did, and the other Kennedys still do? What is wrong with that, Bob? By the way, Bob, let's see your tax returns.

favoriteFavorite Flag as abusive Posted 11:40 PM on 04/05/2008

Perhaps the most enraging aspect of this revelation is that it also comes at the same time we're hearing that the Clinton campaign is refusing to pay vendors such as event planning companies, staging companies and real estate companies that have been contracted to provide services for the Clinton campaign. There's nothing particularly wrong with being a capitalistic person but just because your running a failing Presidential campaign doesn't give you the right to skip out on paying your bills.

favoriteFavorite Flag as abusive Posted 11:36 PM on 04/05/2008

So, only those who have taken vows of poverty are allowed to be interested in the lives of those less well off? I guess that's going to cut down on the blogging on this site tremendously. The Clintons paid more than 30% in income and they tithed, which even if you aren't into the whole religious 10% thing does speak for their charitable generosity.

http://strictlyanecdotal.com

favoriteFavorite Flag as abusive Posted 10:56 PM on 04/05/2008

Charitable donations to their own personal charity foundations. Sweet

favoriteFavorite Flag as abusive Posted 11:32 PM on 04/05/2008

Is there a list of the charities to which they gave or are you assuming it was to "their own personal charity foundations"? Is the implication that they are benefitting from grants and proceeds from their foundation? 'Cause if you are, that's a pretty huge accusation. Or can we assume that you mean they set up a foundation, contribute to it, and get nothing but a charitable gift deduction on their taxes, which is completely legal.

favoriteFavorite Flag as abusive Posted 01:50 AM on 04/06/2008

What's missing in the release of their tax returns is an itemized list of Bill's speaking and consulting fees, so the payments can be matched up with legislation pending before Congress at the time Bill received the money. The other obvious omission is the list of donations to the Clinton library. Moreover, Hillary's earmarks should be released so these can be matched up with the large-donor contributions to her campaign. Doubtful the Clintons will ever disclose any of that information, especially considering how long they stonewalled releasing their tax returns, and even so, managed to withhold the most important tax returns until the nomination contest is over by requesting an extension for reporting 2007 income. Perfectly legal, of course, but highly suspicious. Given all the scandals these two have been associated with over the years, prudence requires that we assume they are both corrupt unless proven otherwise.

favoriteFavorite Flag as abusive Posted 10:49 PM on 04/05/2008

What's the point? So, nothing has changed and every politician is for sale and will take advantage of a financial opportunity. I'm looking for a new idea.

favoriteFavorite Flag as abusive Posted 10:40 PM on 04/05/2008

Obama voted for President Bush's class action bill that made it harder for victims of pollution and other corporate malfeasance to be compensated. Opposed by most major civil rights and consumer watchdog groups, this Big Business-backed legislation was sold to the public as a way to stop "frivolous" lawsuits. But everyone in Washington knew the bill's real objective was to protect corporate abusers.

Obama voted for President Bush's 2005 energy bill that included massive oil, coal, and nuclear subsidies,

Obama voted to allow credit card companies to raise interest rates over 30 percent

One of Obama's first votes as a senator was to confirm Condoleezza Rice as Secretary of State despite her integral role in pushing the now-debunked propaganda about Iraq's WMD.

Just as Ned Lamont's antiwar primary campaign against prowar Connecticut Senator Joe Lieberman was gaining momentum, Obama endorsed Lieberman and actively campaigned for him against Ned Lamont.

Progressive? Maybe in Saudi Arabia he would be considered a progressive, but in Europe he would be on a far right of the Christian Democrats.

favoriteFavorite Flag as abusive Posted 09:54 PM on 04/05/2008

I'd like to correct three wrong impressions, at least that I see. Senator Obama voted against the the credit card bill precisely because it would alow the banks to charge 30 percent interest to their customers. Senator Clinton voted to let the Banks charge 30 percent. Senator Obama thought that was too high. A flawed bill that played into the hards of the credit card issuers. Senator Obama did vote to confirm Condoleezza Rice as Secretary of State, but then so did Senator Clinton. Senator Obama endorsed Lieberman, as the incumbent in the primary, as did many other progressives, such as Senators Boxer and Dodd. So did Senator Clinton. What tells volumns though, is that a month before the Connecticut primary this year, which Obama won, Ned Lamont enthusiasticully endorsed Obama over Clinton, http://nedlamont.com/news/2256/why-im-supporting-barack-obama.

favoriteFavorite Flag as abusive Posted 12:24 AM on 04/06/2008

Nonsense, JustObamaZealot.

READ THE SENATE RECORD.
CLINTON- YEA
OBAMA-NO.

favoriteFavorite Flag as abusive Posted 12:34 PM on 04/06/2008

I'm kind of torn about this. Though I am an ardant Obama supporter, the simple fact that the Clintons have made 109 million since leaving office should not in itself be held against them.

I agree, though, that deeper digging is useful. For example, though they appear to have paid their fair share of taxes (something like 35 million) I also read that the apparently generous 9 or 10 million they gave to charity all went to their own foundation, and only half of that was actually distributed to the needy.

A bit more info seems needed here.

favoriteFavorite Flag as abusive Posted 09:50 PM on 04/05/2008

Please ask yourself what you would be typing if this was Bush ir Dick Chaney? Really? When Reagan went to Japan to make 2 million to fgive a speech after he left office it made me sick.

How is this different?

I can't imagine how much money he took from shady types for his Library and Charity.

Imagine how foolish Jimmy Carter must feel. He could have done what Clinton done and skipped Habitat for Humanity and just bought all those nice folks a house.

favoriteFavorite Flag as abusive Posted 08:59 PM on 04/05/2008

Is there a law that prohibits the Clinton's from using their own money in this campaign?
Didn't Mitt use millions for his?
I'd rather fill up my gas tank than give any money to rich people.

favoriteFavorite Flag as abusive Posted 08:58 PM on 04/05/2008

The Word CORRUPTION comes to mind.
I remember Bill telling Dan Rather in an interview just before leaving office that he had never made any money for his family and was going to start doing so as a private citizen.
Look, making money is great, I like money as much as the next guy; but, to prostitute your name, reputation, position, influence to just about every lobbyist and special interest PAC in Washington
so you can make up for lost time smacks of very low scruples to me.
My objection to Hillary's candidacy eminates from this fact.
I do not knowingly back, encourage, support, look favorably upon CORRUPT POLITICIANS.
We have enough of them as it is.

favoriteFavorite Flag as abusive Posted 08:51 PM on 04/05/2008

asere: Why not read through the Clinton returns before you pronounce any judgments? Like Bob Franken, you're making all kinds innuendos against the Clintons before you know what was "dumped" on Friday. Be as fair to the Clintons as you'd want others to be fair to you. ReaderK.

favoriteFavorite Flag as abusive Posted 10:42 PM on 04/05/2008

Wasn't bob franken the guy who played grandpa on the Munsters.....

favoriteFavorite Flag as abusive Posted 08:19 PM on 04/05/2008

I guess I have respected another Bob Franken all these years. I almost feel this article was written by some alien that invaded his mind. I always felt he handled current issues with such professionalism. This article was written to incite all supporters of the candidates and to make a headline of some sort. I hope this will be the last of this type of tripe that Mr. Franken writes. There are so few professionals left in the media, I hope you will rejoin them.

favoriteFavorite Flag as abusive Posted 08:18 PM on 04/05/2008

Bob Franken, an ex-"journalist" is now writing hit pieces like this that should make all Americans question the integrity of every living journalist or media poseur. I would like him to PROVE beyond a doubt, as any responsible journalist should, his insinuations that the Clintons earned their money irreputably? Does he question the multi-millions that Cheney, Bush and even ALL former Presidents have made after leaving office? Does he realize how stupid he sounds whining about this in an article that makes no point at all? The Clintons paid $33 Millions dollars in taxes....no crazy loopholes, no off-shore investments or tax shelters, and then donated 10 Million more to charity. They are the most generous politicians, and frankly, any real analysis would indicate they were honest and paid their fair share....Why doesn't Bob Franken spend his free time going after oil companies, corporations and other crooks for the BILLIONS they bilk the American tax system every year? The Clintons came to the White House poor and were hated for it, and now they've made money as EVERY OTHER POLITICIAN HAS and they're critized for that. stupid

favoriteFavorite Flag as abusive Posted 11:16 PM on 04/05/2008

We should stop calling these people "journalists," - they have agents, stylists,
make-up people - and they are flacks and stenographers. They no longer investigate
probe - they all want to be pundits, when in reality they are flacks. What they all seem
to want is to be viewed as faux personalities - which is beyond pathetic.
And cable television is where all the hacks and never-been's end up...

favoriteFavorite Flag as abusive Posted 12:44 AM on 04/06/2008

No wonder the Clintons were unwilling to show their income tax returns. The disgraced Ex-President has used the residual influence of his former position to fill his pockets. He has disgraced and degraded the once august Office of our land. He has shown himself to be a lowdown money grabbbing miscreant to our Republic.
That fact has cast a pall over the entire Clinton legacy and credibiliy of Mrs. clinton's alleged allegiance to the ordinary American and her husband's role in paying back the Dubai lobbyists for their 15 million dollar investment.

favoriteFavorite Flag as abusive Posted 07:34 PM on 04/05/2008

". He has shown himself to be a lowdown money grabbbing miscreant to our Republic."

Just following in the footsteps of St. Ron...

favoriteFavorite Flag as abusive Posted 08:45 PM on 04/05/2008

I am an Obama supporter but I think its ridiculous to make a big deal about the fact that the Clintons made some money. It is so hypocritical. Compared to the money of the Bush family, Romney, even Edwards, the Clintons are pretty small time. What does bother me though is the way they handle it. Rather than addressing the issue head on, they delay and obfuscate and end up making it look worse than it really is.

favoriteFavorite Flag as abusive Posted 07:03 PM on 04/05/2008

The Clintons made $109 million since 2000, and the Obamas made $4 million. Yet the working-class in the Democratic electorate consider Obama to be "elitist" and Hillary to be the "regular person", nevermind the fact that Obama is the one who spent his years working in the poor and depressed areas in Chicago.

Go figure.

favoriteFavorite Flag as abusive Posted 06:28 PM on 04/05/2008

BARACK WILL ALSO MAKE LOADS OF MILLIONS WHEN HE QUITS OFFICE....DON'T BE SO FRIGGIN NAIVE.

favoriteFavorite Flag as abusive Posted 11:18 PM on 04/05/2008

You state this as if it's some established fact that a) he'll make millions b) he'll hoard it like the Clintons while telling working folks he understands their pain. I'd give you slack on a) but not b). There are the Clintons of the world and then there are the Carters of the world. The Clintons have been playing this "I feel your pain" game for YEARS, then we find out they're raking in millions during the worst economic crisis our nation has seen in decades.
And you need to take naijaman's point to heart- Obama actually spent years pounding the pavement on the South Side of Chicago wrestling with the issues of joblessness, crime, poor schools and hopeless whereas Hillary Clinton has engaged in photo ops and policy forums but has no hands-on experience on dealing with the issues of poverty.

favoriteFavorite Flag as abusive Posted 12:23 AM on 04/06/2008

ARE YOU KIDDING ME ! WELL ... ARE YOU !

You mean these two wankers squandered 7 years of their lives and only have $109 million (and change) to show for it? After leaning of all their "corruption" and "racketeering" I would have expected better! A pair of real loser who have now proven they are completely inept when it comes to exploiting their advantages.

makes me so mad I threw out a half smoked cigar
sincerely
A. Schwarzenager

favoriteFavorite Flag as abusive Posted 06:23 PM on 04/05/2008

Don't sweat it, Bob. I'm sure all those people who poured those $109 million into the Clinton coffers are just wanting a night in the Lincoln bedroom.

favoriteFavorite Flag as abusive Posted 05:59 PM on 04/05/2008

How about this Bob. Fat cat donors lining up to pay hundreds of grands to hear Bill speak. Influence buying by proxy. Everyone who has a lick of sense has known since before Bill left office - that old dynasty thing -that She Who Must Be Obeyed was going to run for president some day. Why didn't they ask her instead of him to talk sagely and provide market info to them. Probably because they just didn't want to suffer through an afternoon or evening listening to SWMBO prattle on and on. At least Bill can be entertaining. The fat cats need to be entertained too.

Also, those same people with a lick of sense know that the DNC, DLC, and the DCCC had anointed her well before her pathetic campaign started to self -destruct. Now they have to live with the consequences that premature coronation of the Queen.

favoriteFavorite Flag as abusive Posted 04:40 PM on 04/05/2008

I am an Obama supporter and I agree there is no problem with rags to riches, thats what we are all striving for. The problem is in the pretension with Hilary, her links with lobbyists including union buster Mark Penn (to be chief strategists and earn 10m a year she must think he is the best) doing back deals with Colombia while pretending to be champion for those blue collar workers.

favoriteFavorite Flag as abusive Posted 05:34 PM on 04/05/2008

You know what's sad? The Clinton's, despite their shortcomings, have devoted their entire life to public service. They sacrificed enormously, lived in public housing and led a modest life all those years. Bill Clinton came from nothing and he went on to become the President of the United States. And when he went back into private life he wrote a book or two, as all former presidents do. And he started a foundation that has done extraordinary work worldwide. Has the man made mistakes along the way? You betcha. Who hasn't! He made money, oh woe.

There was a time in this country that we celebrated rags to riches stories. We taught our kids the journey of men like Washington, Lincoln and others. We put our leaders on pedestals and we said to our children: You can do that , too, if you put your mind to it. You can be anything you want to be, and, yes, make a lot of money. But now you want to denigrate the man and woman for achieving exactly what we hope our children and grandchildren will achieve. Pathetic!

There is such a deep sickness in this country, and your words represent what ails us. We would rather tear down than build up, destroy rather than construct, belittle rather than empower.

You should be ashamed of yourself, and of all Americans like you. We can be better, folks.

Halli Casser-Jayne

favoriteFavorite Flag as abusive Posted 04:36 PM on 04/05/2008

"They sacrificed enormously, lived in public housing and led a modest life all those years."
Yeap, living in the White House/Governor's Mansion on the public dole with that measily governor's/president's salary is so hard when your buddies are making billions in the business world. And oh how they insult you once you leave office and pay you a mere $52 million for you to give a speech. I'm just touched at the hardships the Clintons have had to endure...

NOT!!!

favoriteFavorite Flag as abusive Posted 12:27 AM on 04/06/2008

Thank you Halli....a voice of reason amidst crazy people.

favoriteFavorite Flag as abusive Posted 11:30 PM on 04/05/2008