Clinton takes another swipe at hedge fund managers for earnings

[onehandle]

Source: Reuters

[img][/img]

In the spotlight for her own high income, Democratic presidential candidate Hillary Clinton took a swipe at hedge fund managers again on Monday for earning much more than ordinary Americans and paying lower tax rates.

Speaking to about 60 supporters at a house party in Iowa, Clinton said "the deck is still stacked in favor of those at the top" like chief executives and hedge fund managers.

"In fact, I heard a statistic the other day that really made a big impact on me. The top 25 hedge fund managers together make more money than all the kindergarten teachers in America," she said.

Clinton, the Democratic front-runner for the presidential nomination in 2016, has previously criticized hedge fund managers as examples of the income disparity she says she wants to end.

Read more: http://www.reuters.com/article/2015/05/19/us-usa-election-clinton-idUSKBN0O32A620150519

[mahina]

1. Swing and a miss.

[rpannier]

2. Upon hearing that the top 25 hedge fund managers make more than all the Kindergarten

teachers
Fox News announced a week-long special on how Kindergarten teachers are over paid because they make roughly the same amount as hedge fund managers

John Stoesel will be hosting. He'll show us how these teachers are living the high life with all their public money

[One_Life_To_Give]

3. That could make for some Awkward Holidays. nt

[dreamnightwind]

4. Irony alert

I don't know the author of this article, if there is a problem with him as a source, somebody let me know, but this seems ironic given her statements in the OP, re Chelsea's hedge fund manager husband.

For Clintons, a Hedge Fund in the Family
http://www.nytimes.com/2015/03/23/business/dealbook/for-clintons-a-hedge-fund-in-the-family.html?_r=0

Beyond the glamour, being part of the Clinton family has provided Mr. Mezvinsky with another perk: access to wealthy investors with ties to the Clintons.

When Mr. Mezvinsky and his partners began raising money in 2011 for a new hedge fund firm, Eaglevale Partners, a number of investors in the firm were longtime supporters of the Clintons, according to interviews and financial documents reviewed by The New York Times. Tens of millions of dollars raised by Eaglevale can be attributed to investors with some relationship or link to the Clintons.

Much more in the full article.

[tridim]

5. Did she take a swipe at her hedge fund manager son-in-law?

Or her hedge fund manager campaign donations?

Sorry Clinton, I'm not buying what you're selling.

[on point]

6. Yeah, so what's the policy? Perhaps treat all income the same

Regardless of source and raise the top rates back to 70%?

We all know the problem HRC, how do you propose to fix it?


I agree with the words of another poster. A swing and a miss......

[wordpix]

7. I agree - HRC needs to announce policy to fix problem

It sounds like she's just realizing what the problem is and is way behind on the issue.

BERNIE!!!!

[FlatBaroque]

11. In all fairness

she has been on a listening tour.

[caraher]

8. It does ring hollow given the messenger

And if I'm going to give her a fair hearing on this... what policy positions is she advocating to make this better? That she's willing to fight for? And what assurance do we have that she'll follow through?

I can't help but imagine all this occurs against a backdrop of her assuring hedge fund managers in private not to take it personally, she just needs to secure the "base."

[Larry Engels]

9. It's not the salaries that matter. It's what they do with the money in the fund.

But that's an issue that will be glossed over by both parties.

[Hoppy]

10. TAKE THAT, you slimy hedge fund managers !

[FlatBaroque]

12. It's getting really hard to tell the difference

between Sec. Clinton and Sen. Warren

[davidpdx]

14. No it isn't

One is merely imitating the other.

[INdemo]

13. Hillary come on give us a break.

$30 million in earnings and you try to convince us your are a liberal.
As was stated before Hillary's rhetoric will only go as far as her Wall St banksters allow.

Just how does she propose for this to end?

Hillary Clinton should stick to topics that doesn't make her sound foolish.

This is like GW and Cheney saying Oil execs are earning too much and must be stopped..I mean really Hillary

[hatrack]

15. Yes, and that statement plus $1.50 will get Mrs. Clinton a bottomless coffee at Denny's

.

[quadrature]

16. so cattle futures are OK, but not hedge funds?

who writes these rules?

[brentspeak]

17. Her attempts at economic progressivism are more sad than amusing.

An empty suit (or skirt), pandering to an audience she really doesn't understand or relate to.