Monday, June 9, 2014

Clintons Went from Millionaires to PEU's

America's Blue Team royal family, Bill and Hillary Clinton, left the White House with a mere $1.26 million to $5.7 million in assets.  Yet, Bill's privatization of public services, enabled many private equity underwriters (PEU's) to get their footing in the 1990's.  They've returned the favor many times over.

The Clintons went on to earn an astonishing $109 million between 2000 and 2007, according to disclosure reports.

Bill had stints with Yucaipa and Teneo.  Recently Hillary spoke to The Carlyle Group, KKR, Teneo and Goldman Sachs.  Daughter Chelsea is well on her way, currently being schooled by PEU's

Hillary's "return to the the White House fiction" is the Clinton's were dead broke when they left public service.  The Clinton's needed to earn such big money to buy houses and send Chelsea to school so she could become a PEU.

The Clinton's should be judged by the way they ran their foundation.  They hired friends who used tax free money is unethical ways.

Economic power buys political power, which then sets favorable rules and telegraphs money making opportunities for the already wealthy.  Health reform is the latest "market remake" where PEU's plan to make 30% annual returns.

I don't buy Hillary's bootstrap/panty meme.  She's not pulling anything up, but putting something over.  Mrs. Clinton can read her lines, but the people reading between them are policy-making billionaires.  I'm sure they'll help Bill and Hillary reach the billionaire mark.  Another Clinton Presidency wouldn't hurt.

E-mailed comment:
People act as if they're heroes...but they helped kill the middle class, i.e. shafta.  

My reply:  I agree they helped kill the American Dream.  They are shameless.