Clinton’s Colombian Cash Connection: Meet the President?
Today's Financial News - Posted April 11, 2008
by J. Christoph Amberger
Baltimore — (TFN): Say what you may, you certainly cannot accuse Hillary Clinton of inflexibility. Following the Democrat motto of “Do as I say, not as I do,” the Clinton campaign has become a living kamasutra of moral contortionists — a migrant carnival of double-jointed confidence artistes whose spectacular limberness would normally earn someone a place in Ripley’s Believe it or not!
(It must be because of America’s supposed symptomatic misogynism that the Ripley folks haven’t come calling yet…)
For one, there’s Hillary’s campaign manager, Maggie Williams. While hammering home the message that evil capitalists engineered the subprime mortgage crisis to bleed America’s poor and middle class, she herself raked in a cool $200,000 as a director on the board of a Long Island subprime lender until the company went belly-up last December.
(They served their underprivilegend clients with such niceties as prepayment penalties. Hillary now is against those. And who wouldn’t be. After all, those 200 grand have been banked and are hopefully FDIC-insured.)
Hillary is now proposing that taxpayers bail out not just dishonest subprime lenders but also less-than-honest borrowers who told their bank they could swing a $400,000 McMansion on a call center temp’s earnings.
Then, there is the whole NAFTA and free-trade thing. After suggesting that she gained chief executive experience by Yoda-like guiding President Bubba through all the major decisions of his tenure — NAFTA being one of the rational things he completed — she now has “long been a critic of the shortcomings of NAFTA”. Especially whenever she is addressing audiences of American manufacturing workers and unions.
But her husband’s determination to finalizing NAFTA back in the early 1990s is no good reason to not blame the free-trade treaty on evil Republicans. Nor was the fact that Hillary’s chief campaign strategist, Mark Penn, was meeting with representatives of the Colombian government to help promote the very free trade agreement that Hillary Clinton opposes. Until she fell behind in the polls. Then money, suddenly, did indeed have an odor.
But it’s not just that free trader in sheep’s clothes Mark Penn that can successfully separate the major campaign creeds from his very personal need to make a fast buck. Bubba, too, appears to be so divorced from core liberal creeds that he had no problems at all collecting $800,000 giving speeches for a Bogota-based group that supports the Colombia free trade agreement — the same trade deal she currently opposes.
Some speeches those must have been for 800 grand…
Hillary has a very good explanation for what would be the trigger, hammer and spark for years of liberal glee and moralist outrage had similar hypocrisy been committed by a Republican:
Click here to see some presidential poise in handling inconvenient questions.
Cynicist reprobates on the back benches might be tempted to look at this as the equivalent of predatory capitalist and engineer of many a financial crisis bleeding dry an emerging market, George Soros, publicly bewailing the cruelty and callousness of the world financial system!
(Ooops, my bad: He now does that for a living…)
Realists, however, will realize that applying the non-linear logic underpinning the liberal world-view, the world can be round or flat, depending what audience you’re addressing.
As long as you speak its language.
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