Tag Archives: Election

In one day, Bill and Hillary Clinton got over $1 million for FOUR speeches

Wow, “dead broke” indeed.

The Weekly Standard reports:

Disclosure forms filed with the Federal Election Commission by Hillary Clinton provide fascinating details of the remarkable money-making machine that is the once-and-possibly-future first couple. Between January 2014 and the filing of the forms on May 15, 2015 (up to and including a speech by Bill Clinton to the American Institute of Architects the day before the filing), the Clintons made about $30 million, approximately $25 million from speeches alone.

Both of the Clintons have given speeches regularly in the 16-month period covered in the filing with rarely more than a few weeks off in between engagements. Often events are crowded together during a period of several days, sometimes with more than one speech on the same day. On a single day last October, Bill and Hillary delivered a total of four speeches, taking home over $1 million. Those four speeches fell in the middle of a three-day blitz that brought in a total of $1,511,000. (Mrs. Clinton edged out her husband $786,000 to $725,000.)

[…]Although the audiences for the Clintons vary widely, the actual content and duration of the speeches is not always revealed. However, a YouTube video of Bill Clinton’s recent speech to the American Institute of Architects, apparently recorded by an attendee, shows that the $250,000 fee paid to Mr. Clinton purchased the group a 23 minute speech, an hourly rate of about $652,000.

On a per-hour basis, she makes more than all of the CEOs of the largest companies.

Look:

$300,000 an hour for a speech
$300,000 an hour for a speech

That’s from this astounding article from the Washington Examiner.

Excerpt:

Democratic presidential candidate Hillary Clinton is drawing a populist bead on lavish Wall Street pay packages as she revs up her march to the 2016 Democratic presidential nomination, but in some respects the fat-per-speech fee she can charge puts her far ahead of the top 10 highest-paid American CEOs.

“I think it’s fair to say that if you look across the country, the deck is stacked in favor of those already at the top. There’s something wrong when CEOs make 300 times more than the American worker…,” Clinton said during her first campaign swing last week at an Iowa community college.

Bashing Wall Streeters is part of Clinton’s strategy of remaking her image to appear more sympathetic to middle class voters, while also appealing to left-wing Democrats who are attracted to Sen. Elizabeth Warren, D-Mass., and the even more radical supporters of Sen. Bernie Sanders, the Vermont socialist who talks of seeking the 2016 nomination.

Let’s compare the per-hour rate of pay for Hillary compared to the top American CEOs:

On that basis, the CEOs are pikers compared to an hour of Clinton speaking for $300,000. Hammergren, for example, makes only $63,076 for the same hour of labor. Clothing magnate Ralph Lauren, the second best-paid CEO on the Forbes list receives $32,067. Vornado Realty’s Michael Fasitelli, the third-place CEO, gets $30,961 per hour.

And this is what her speeches are like:

Is that worth millions of dollars? When you put this together with the secretive Clinton Foundation, it looks like something else might be going on here.

The radically leftist New York Times is saying that the “dead broke” Clintons made $30 million in a 16-month period.

Astonishing:

Hillary Rodham Clinton and her husband made at least $30 million over the last 16 months, mainly from giving paid speeches to corporations, banks and other organizations, according to financial disclosure forms filed with federal elections officials on Friday.

The sum, which makes Mrs. Clinton among the wealthiest of the 2016 presidential candidates, could create challenges for the former secretary of state as she tries to cast herself as a champion of everyday Americans in an era of income inequality.

The $25 million in speaking fees since the beginning of last year continue a lucrative trend for the Clintons: They have now earned more than $125 million on the circuit since leaving the White House in 2001.

In addition, the report shows, Mrs. Clinton reported income exceeding $5 million from her memoir of her time as secretary of state, “Hard Choices.”

Now, she wants to save us from the “1%”. She’s the 1% of the 1% of the 1%.

Related posts

What UK Prime Minister David Cameron will do, and an extra thing that he should do

CON = 331 (+24), LAB = 232 (-26), SNP = 56 (+50), LIB = 8 (-47), UKP = 1 (+1), OTH = 22
CON = 331 (+24), LAB = 232 (-26), SNP = 56 (+50), LIB = 8 (-47), UKP = 1 (+1), OTH = 22

Here’s an article from the radically leftist UK Independent, which is furious with the Conservative Party victory in Thursday’s national elections.

In it, they explain what Cameron intends to do:

David Cameron will use the Conservative Party’s first majority in the House of Commons for nearly 20 years to “deliver” on a radical agenda to cut welfare, shrink the size of the state and re-define Britain’s relationship with Europe.

Conservative insiders said Mr Cameron would move to the right to consolidate support among his backbench MPs after five years of compromise with the Liberal Democrats.

Among Mr Cameron’s first legislative priorities will be to enshrine an EU referendum into law, bring in the so-called ‘snoopers charter’ to give police greater powers to monitor internet communications and give English MPs a veto over legislation only affecting England.  The Tories also intend to publish plans to scrap the Human Rights Act within their first 100 days. All proposals had been previously blocked by the Lib Dems.

I always think of the UK as the biggest dupes when it comes to global warming, especially after the Climategate e-mails came out showing that that there was a concerted effort to falsify data and persecute global warming skeptics. But, like Canada’s Conservative Party, the UK Conservative Party is taking a stand against the pseudo-science.

Look:

As well as deep welfare cuts The Independent understands that the Department of Business and the Department of Energy and Climate Change, previously run by the Lib Dems, will be among the biggest casualties in terms of spending reductions.

Oliver Letwin, the Tories’ policy chief, has spent the campaign in Whitehall drawing up proposals to merge quangos and slash Government regulation. These are likely to form a key part of the spending review. The review has been made more difficult by Mr Cameron’s late and unexpected election pledge to find an extra £8bn for the NHS. This has yet to be funded and if the Tories stick to their other tax and spending commitments could require further cuts. Most senior Tories had expected to be negotiating another coalition agreement with the Liberal Democrats, giving them the flexibility to raise taxes to fund their additional spending commitments. As it is they are now bound to implement legislation binding the Government not to increase income tax, national insurance or VAT rates for the next five years.

Quangos are “quasi-autonomous non-governmental organisations”. Abolishing or merging these will put a serious dent in government over-spending – and overreach.

The Democratic Unionist Party factor

Cameron would do well to add the Democratic Unionist Party (DUP) members to his coalition. Conservative MEP Daniel Hannan says that “On immigration, on constitutional reform, on defence, on Europe, on rural issues, on education, on law and order, the DUP is, well, conservative.”The Conservatives need 323 seats to govern. They have 331 by themselves, and 8 more would help them in case there are any rebellions from within their own ranks. If he can get the lone UKIP member on board, that would help too, giving him a majority of 340.

More about the DUP:

The DUP bills itself as “right-wing in the sense of being strong on the constitution”, but “to the left on social policy”. The party’s members show a strong leaning towards the Conservatives, Professor Jonathan Tonge notes, backing them by a ratio of seven to one over Labour. The DUP also back the Conservatives on areas like Europe, with Nigel Dodds insisting that any coalition they are involved in would need to offer an EU referendum.

[…]The DUP, which has close links to the Dr Paisley’s Free Presbyterian Church, has frequently sparked controversy for how it discusses homosexuality. This has led to David Cameron facing tough questions earlier this month during a Q&A when one audience member wanted him to vow not to go into coalition with the DUP because of its views on LGBT rights, something he refused to rule out.

[…]The DUP also oppose the right of women to an abortion, with Jim Wells saying it should be ruled out for rape victims. The party has also called for a parliamentary debate on resinstating the death penalty.

It sounds like they are even further right than Cameron, which is good, because Cameron is what Americans would call a RINO.

Give Scotland enough rope to hang itself

But the most important thing for Cameron to do is to give Scotland full fiscal autonomy.

This is even something that the SNP leader wants:

Nicola Sturgeon was forced to admit in the second Scottish leaders’ debate that her MPs would be prepared to vote next year for full fiscal autonomy, which according to experts would make Scotland £7.6 billion worse off.

[…]In March, she suggested it might not happen straightaway as she faced claims it would cost almost 140,000 jobs and leave Scotland with a higher deficit than Spain.

[…]It would mean Scotland opting out of the Barnett Formula which currently sets Scotland’s public spending block grant, and gives Scots around £1,200 extra per head.

[…]In March, Ms Sturgeon dismissed warnings from the impartial Institute for Fiscal Studies (IFS) that her general election demand for full fiscal autonomy would create a multi-billion pound financial black hole in Scotland’s finances.

Daniel Hannan thinks this would be a great idea:

Commentators struggle to explain the rise of the SNP: why, seven months after rejecting separation, should Scots turn to the separatist party? Those commentators miss the point. The SNP knows fine well (as Scots say) that opinion has not moved on the independence issue. Nicola Sturgeon had to keep promising that there’d be no re-run of the vote.

No, the SNP is better understood as Scotland’s version of Greece’s Syriza or Spain’s Podemos – a far-Left, populist insurgency. Like those parties, it has a touching belief in its ability to conjure wealth through alchemy.

[…]There is a very weak link in Scotland between taxation, representation and expenditure. Because of the Barnett Formula, Scottish politicians get to spend money that has been raised through taxation elsewhere. This incentivises their constituents to vote for high-spending parties. Over time, that tendency has become self-reinforcing to the extent that the very act of calling for fiscal restraint is seen as alien, un-Scottish.

Not all Scots are on the Left, obviously. There are some free-marketeers in the land of Adam Smith. But the prevailing assumption among Holyrood politicians and pundits is that higher spending is a defining national characteristic. They don’t use those words, of course. They say, “We’re a compassionate, fair-minded people”. But it’s what they mean.

What can be done about it? Well, the SNP demands full fiscal autonomy, and David Cameron should hurry to meet that demand. Partly because linking taxation to expenditure north of the border might allow a revival, over time, of Right-of-Centre politics in Scotland. Partly because the measure will also be popular with English taxpayers. Partly, too, because, without such a reform, separatism will revive. And partly because greater autonomy for Scotland could bring about a new, devolved settlement for the entire United Kingdom, something that is long overdue. Mainly, though, because most Scots say they want it, and the SNP has won an unarguable mandate. What are we waiting for?

The Scottish electorate – by and large – make Greek socialists like Tsipras / Syriza appear fiscally prudent. They need to find out how economics works the hard way. Let them make their own decisions, and maybe when they are picking leaves off of trees to feed themselves in a few years, they will come to their senses and be ready to deal. It’s very important for people who are led by their feelings and who pursue dreams against reality to crash and burn, so that they understand the value of practical people who have worked hard, saved and played by the rules.

The Scots are voting for slogans like “stop austerity” without any idea of how difficult working and saving really is for taxpayers, of which there are precious few in Scotland. Let them face the consequences of their own folly, and then come back to the negotiating table with a weaker hand, just as Greece is doing now. Maybe if Cameron does this in the UK, it will inspire Harper to do the same with Quebec in Canada. Just give Quebec full fiscal autonomy and then cut off the equalization payments that allow them to live far beyond their means. Make them grow up.

One thing is for sure. The UK electorate (aside from Scotland and Wales) has impressed me. This is the beginning of a period of liberty, prosperity and security for the UK, and I for one am envious that they are getting a head start on it, while we have to wait another year and a half before we join them by electing a Republican president, and holding the House and Senate.

Florida senator Marco Rubio will compete in the GOP presidential primary

Florida Senator Marco Rubio
Florida Senator Marco Rubio

Here’s a profile of Marco Rubio posted by Rachel Alexander at The Stream.

She writes:

On Monday night, Florida Senator Marco Rubio became the third major Republican candidate to announce he was officially running for president, after Senators Ted Cruz and Rand Paul. He made the announcement from the Freedom Tower in downtown Miami, considered the Ellis Island of Florida, where Cuban refugees seeking political asylum from Castro’s communist regime were processed by the federal government in the ’60s and early ’70s. It made a powerful statement, that the son of refugees is now running for president.

Rubio’s parents came to America before the Castro regime, and took menial jobs. He told the cheering crowd, “My father stood behind a small portable bar in the back of a room so that tonight I could stand behind this podium in front of this room.”

Rubio has been an outspoken critic of Obama’s efforts to relax relations with Cuba, and takes a hawkish approach to foreign policy. Earlier this year, he published the book American Dreams, which lays out how to rise to success economically in the U.S.

The youngest candidate in the race, Rubio reached out to younger voters in his speech, saying, “This election is not just about what laws we will pass, it is a generational choice about what kind of country we will be.”

He has lots of experience and a track record we can analyze:

A lawyer, Rubio worked his way up through the political system, serving in the Florida House from 2000 to 2008 and eventually becoming Speaker. While there he developed a reputation for pursuing innovative policy ideas and while Speaker of the Florida House, he wrote a book, 100 Innovative Ideas for Florida’s Future, which contained many ideas he implemented while Speaker.

He went on to defeat liberal Republican turned Democrat Charlie Crist in a surprising underdog campaign to become U.S. Senator in 2010, making him an instant Tea Party favorite. The New York Times magazine declared him the “first Senator from the Tea Party.”

His most exciting policy is his tax policy:

On the fiscal side of the conservative equation, Rubio’s new tax reform proposal is raising some eyebrows. Introduced with conservative stalwart Sen. Mike Lee (R-Utah), the plan would consolidate income tax rates into just two, 15 percent and 35 percent, eliminate capital gains taxes on investment income for individuals, combine all corporate tax rates to 25 percent, and resuscitate the child tax credit, which had shrunk under the Obama administration. However, individuals making as little as $75,000 would be subject to the 35 percent rate. Many conservatives prefer the more radical flat tax option advocated by Ted Cruz and Rand Paul.

Mike Lee is my favorite conservative in the Senate.

Rubio is a solid conservative in terms of voting:

He has a 98.67 percent lifetime rating from the American Conservative Union, higher than most other Republican Senators.The Pulse 2016, a new site tracking the presidential election, gave Rubio an A grade on handling the Indiana religious freedom law controversy. The site noted that during an appearance on The Five, Rubio spoke “intelligently, knowledgeably, and at length about the need to protect the rights of Christians to follow their religious convictions.”

But he doesn’t have the executive accomplishments of a Scott Walker or a Bobby Jindal, since he isn’t a governor.

This is his biggest flaw:

Since taking office, Rubio has disappointed the Tea Party once, in 2013, when he joined a bipartisan group of Democrats and moderate Republicans to propose a path to citizenship for illegal immigrants, which went further than even Jeb Bush’s plan. Bush supports a path for legal status only. Rubio’s legislation failed, and at CPAC earlier this year, he said he now would only support a path to citizenship after securing the border.

Rubio is a strong candidate, but I can’t forgive him for endorsing a path to citizenship for those who break the law coming into the United States without a work permit. I don’t even favor work permits for people who break the law, much less permanent residencies, much less citizenship. Rubio is far to the left of me on immigration. But if you take away that negative, he is a formidable candidate in the general election. He would make an extremely difficult opponent for Hillary Clinton, or whoever the Democrats choose.

I am OK with him being our candidate in the general, and I think he would be as electable as Scott Walker, my top choice. If we were just choosing positions, I agree most with Cruz, but Cruz lacks accomplishments and I don’t see intelligent policies coming out of his mouth – the kinds of policies that can move us in a conservative direction, while still appealing to independents.

But I rank Rubio fifth in my list:

  1. Gov. Scott Walker
  2. Gov. Bobby Jindal
  3. Gov. Rick Perry
  4. Sen. Ted Cruz
  5. Sen. Marco Rubio

I like Rick Santorum more than Marco Rubio, but I’m not sure if he’s running. Carly Fiorina and Ben Carson are not on my list because of lack of experience, but I would love to see them run and be present to speak at the debates – I like listening to them both. They are both stars, but maybe not ready for the Presidency.

Rand Paul is a good candidate on fiscal policy. His statements on social policy are good, but he lacks accomplishments.His foreign policy is too much like Obama’s for me. He has said some good things, but he lacks accomplishments. I don’t want any more weakness and appeasement. Paul is to the left of Cruz and Rubio on foreign policy – I don’t want him on my list. But I’d put him in charge of the Federal Reserve in an instant.

We have SO MANY good candidates, and the Democrats have picked themselves a stinker. It’s so good! I feel bad that young people are so lousy on the marriage issue, but maybe with a good leader, we can change some of their minds during the debates? Do young people even watch debates?