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Title: Chelsea Clinton's dubious 'earnings' She made big bucks in chemicals and TV, courtesy of nepotism, not skill
Source:
Washington Times
URL Source: [None]
Published: Jan 8, 2020
Author: Tammy Bruce
Post Date: 2020-01-08 09:05:57 by IbJensen
Keywords: None
Views: 28387
Comments: 162
With all the talk about Hunter Biden these days, one might get the impression that he is the only child of a politician to benefit from his parents’ position and the last name they inherited. Before Hunter Biden, the son of former Vice President Joseph R. Biden, got his strange but lucrative deal to sit on the board of energy company Burisma Holdings in Ukraine to the tune of $50,000 a month, there was Chelsea Clinton, the only child of former President Bill Clinton and former Secretary of State Hillary Clinton. She was similarly rewarded with jobs and board positions that had absolutely no relationship with that young woman’s interests, life, education or any perceived expertise. All of this has racked up to what the New York Post reported back in 2015 was an estimated net worth of $15 million for the then-34-year-old. More recently, Barron’s, the finance newspaper, revealed that Chelsea Clinton has now reaped $9 million from a corporate board position. In 2011, while her mother was still secretary of state, she was appointed to IAC/Interactive, an Internet investment company. She receives an annual $50,000 retainer and $250,000 worth of restricted IAC stock units, according to Barron’s. Ironically, and something the Clintons would be loathed to admit, they like most other American families benefitted from President Donald Trump’s leadership and correlating economic renaissance. The Hill reported, “IAC stock has risen 89%, 50% and 36% in 2017, 2018 and 2019, respectively, a far steeper rise in the broader stock market Consequently, Chelsea Clinton reported in December of last year her holdings ballooned to $8.95 million. In 2017, Chelsea Clinton was also named to travel site Expedia’s Board of Directors. Because she’s a … business genius? A travel genius? An investment prodigy? The Hill
Poster Comment: The Clintons are racketeers and murderers. The pile of dead bodies they leave behind them in their unhindered quest for illegal riches should be enough to lock the three of them away for 50 years. Incidentally, Chelsea is absolutely ghastly looking and watching her speak is like a Disney cartoon come to life. Her comments are always vacuously stupid.
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Begin Trace Mode for Comment # 3.
#1. To: IbJensen (#0)
Families look after their children. I see nothing wrong with that, as long as it is not illegal. Companies giving Chelsea Clinton board roles to have access to her famous and powerful parents is not illegal. So what's the issue, then, jealousy?
Are you out of your mind asking me a question like that? I recall thinking you were an asshole after reading some of your blurbs, but that comment puts you in the asshole category. That, of course, puts you in bed with the Democrat-Communist Party which you might enjoy.
I simply have no problem with nepotism. People love their families, and absolutely have the right to promote them in things under their control. Why wouldn't they?
#4. To: Vicomte13, IBJensen (#3)
In general, in civ world, it is what it is. The rich and powerful can shower their money on their kids. There is a problem with nepotism when government favors are being doled out. For example, a government employee agrees to do something unethical in return for a family member being given a government job over more highly qualified applicants. Or two government employees act unethically for mutual benefit. Due to anti-nepotism regulations, a Navy officer could not hire his own wife to work for him as a civilian employee. But two Navy officers could team up and each hire the other guy's wife for a civilian position. In overseas locations, where civilian employment may be limited to on-base employment, this is a common sight. Anti-nepotism regarding military retirees required they be seperated from active duty for at least six months before obtaining civilian employment with the military. That ended a certain form of self-nepotism where the gentleman, before retiring, planned the conversion of his military position to a civilian position, and tailored the job requirements to mirror what was in his military records. That way, he could be the most highly qualified candidate. In a case such as Ukranians contributing millions of dollars to the Hunter Biden dope and hooker fund, they tend to be buying something in return. It can be viewed as access, or less altruistically as results. They are unlikely to keep pouring money into the hooker fund unless they are getting something for their money. The result would tend to be a corruption of some process or other.
In the case of the politically powerful,it is ALWAYS about money laundering in payment for getting new laws passed that benefit the people doing the hiring,or old laws being repealed that hurt them. In plain language,it is political corruption.
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#2. To: Vicomte13 (#1)
So what's the issue, then, jealousy?
#3. To: IbJensen (#2)
Replies to Comment # 3. I simply have no problem with nepotism.
#160. To: Vicomte13 (#3)
I simply have no problem with nepotism. People love their families, and absolutely have the right to promote them in things under their control. Why wouldn't they?
End Trace Mode for Comment # 3.
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