Clintons Sell Possibly Troublesome Stock

red states rule

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For many years, the left in this country has waged a war against some the most successful corporations in the world

Oil and Rx companies, along with Wal Mart have been their prime targets. Now it has come out Bill and Hillary had stock ion these companies and made alot of money

Just another example of liberal hypocrisy



Clintons Sell Possibly Troublesome Stock

WASHINGTON (AP) - Bill and Hillary Rodham Clinton liquidated the contents of their blind trust upon learning it contained investments of $5 million to $25 million that could pose conflicts of interest or prove to be embarrassing to her presidential campaign.
The blind trust and a bank account valued in the same range place the Clinton's total wealth at between $10 million and $50 million.

The Clintons had to disclose the contents of the blind trust in April under instructions from the Office of Government Ethics and sold the assets in May, according to a disclosure form filed Friday. The Clintons have had a blind trust continuously since 1993 and had no control over its transactions.

Over time, the Clintons' blind trust grew significantly and included stock holdings in oil and drug companies, military contractors and Wal-Mart.

The report, also filed with the Federal Election Commission, provides the most detailed look at the Clintons' holdings as their wealth has expanded since the former president left the White House in 2001.

The new report also shows that the former president made $16 million in speaking fees between January 2006 and Wednesday. So far this year, Bill Clinton has given 34 paid speeches for a total of $5.9 million.

The blind trust held stock in pharmaceutical companies, including $250,000-$500,000 in Biogen Idec and Johnson & Johnson and $100,000- $250,000 in Amgen, Pfizer and GlaxoSmithKline. It also invested in General Electric and Raytheon, two leading defense contractors. The trust had a varied portfolio, with investments in numerous other companies, including Exxon Mobil, BP Amoco, Walt Disney and eBay.

http://www.breitbart.com/article.php?id=D8PPD3781&show_article=1
 
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Bill and Hill have always ranted how people need to be for the common good and not to accumlate wealth - while making a killing from oil and pharmaceutical companies. Will this shock their loyal followers?
 
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They certainly didn't make a killing from pharmaceutical stocks. They haven't done anything this decade.
Stocks have done very well - thanks to the Bush tax cuts

The point is, the Clintons have been caught doing again what limo liberals are famous for

saying one thing and doing another
 
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Stocks did better under Slick Willie than Bush. But then again, so did the economy.
Still avoiding the latest example of liberal hypocrisy?

Pres Bush was handed the Clinton recession, 9-11, high oil prices, and a war on two fronts - despite all that - the Dow is hitting record after record
 

Toro

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I didn't say the Slick Willies weren't hypocrites. However, clueless conservatives don't even know what the stocks of pharma companies have been one of the worst performing groups this decade.

BTW Taxyourchildren and spend policies, 1% interest rates, excess monetary creation, a housing bubble and the opening of China and India are great for markets.

Meanwhile, growth is slowing. Its less than France.

And the Swedish stock market has outperformed the US. Must be because of socialism.

http://finance.yahoo.com/q/bc?t=5y&s=EWD&l=on&z=m&q=l&c=spy
 
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I didn't say the Slick Willies weren't hypocrites. However, clueless conservatives don't even know what the stocks of pharma companies have been one of the worst performing groups this decade.

BTW Taxyourchildren and spend policies, 1% interest rates, excess monetary creation, a housing bubble and the opening of China and India are great for markets.

Meanwhile, growth is slowing. Its less than France.

And the Swedish stock market has outperformed the US. Must be because of socialism.

http://finance.yahoo.com/q/bc?t=5y&s=EWD&l=on&z=m&q=l&c=spy
It is amazing how libs think everytime a Dem is President the economy is in great shape - but the day a Republican takes office -it is all doom and gloom all the time

Tax cuts work everytime - JFK, reagan, and now Pres Bush

and the left was sneering how rotten things were under Reagan and how the sky is falling (for the last 5 years) under Pres Bush
 

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Sweden's stock market does twice as well as the US. Therefore, high taxes and socialism are better than low taxes and capitalism.

That's your logic since you keep referencing stocks to support your argument.
 
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Sweden's stock market does twice as well as the US. Therefore, high taxes and socialism are better than low taxes and capitalism.

That's your logic since you keep referencing stocks to support your argument.
Since the top 25% of earners pay 85% of federal income taxes - how much more do you want to pay?
 
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A blind trust is an investment pool that is neither directed nor the contents known by the owners.

That's the point.
I am sure the Clintons never knew where their money was coming from

The same way they never knew Hillary's billing records were on top of a bedroom table for three years before they "found" them
 

RetiredGySgt

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What part of hypocrisy don't you get?
They had NO control on what was done with the investments. They didn't even know what they were till they had to disclose them. The WHOLE purpose of a blind trust is so you can NOT be accused of what YOU are accusing them of.

In fact they sold all the ones that would be a potential problem when they were allowed to open the Blind Trust. Which belays your claim totally.
 
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Well, by your logic, it would be better for stocks and the economy if taxes were higher.
Why not answer the question?

How much more in taxes do you want the small minority of payers to fork over to the government?
 
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They had NO control on what was done with the investments. They didn't even know what they were till they had to disclose them. The WHOLE purpose of a blind trust is so you can NOT be accused of what YOU are accusing them of.

In fact they sold all the ones that would be a potential problem when they were allowed to open the Blind Trust. Which belays your claim totally.
Since when do the Clintons not know what is going on when it comes to their money?

Like Al Gore, they say one thing and do another
 

RetiredGySgt

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Since when do the Clintons not know what is going on when it comes to their money?

Like Al Gore, they say one thing and do another
I am not maineman, I will not play your game of " nana yes i did, no you didn't"

Your entire claim is horseshit, plain and simple. Anyone with half a brain that has any knowledge on what a "Blind" trust is will know your claim to be bogus. I suggest you learn and think before you post stuff like this. It doesn't help your case, it hurts it.
 
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I am not maineman, I will not play your game of " nana yes i did, no you didn't"

Your entire claim is horseshit, plain and simple. Anyone with half a brain that has any knowledge on what a "Blind" trust is will know your claim to be bogus. I suggest you learn and think before you post stuff like this. It doesn't help your case, it hurts it.
Yea, poor Bill and Hill are the victims again

For two people who are to be so smart and savy, how many times have they said they had no knowldege of what is going on around them and about their finances?
 

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