Real 'Work'? Clinton Swipes at Chelsea's Profession

[Araxen]

http://blogs.abcnews.com/politicalradar/2008/02/real-work-clint.html

ABC News' Jennifer Parker and Eloise Harper Report: Sen. Hillary Clinton took a swipe at her daughter's profession today at an economic roundtable discussion at a restaurant in Parma, Ohio, suggesting wealthy investment bankers and hedge fund managers on Wall Street aren't doing real 'work.'

The former first lady's daughter, Chelsea Clinton, works for New York-based hedge fund Avenue Capital Group. She previously worked in New York for McKinsey & Company, her first job after graduating with her master's degree from Oxford University.

[XemaSab]

1. Ha!

:P

[GarbagemanLB]

2. Chelsea has obviously never worked the night shift like her mother.

[BeatleBoot]

3. what does she do for them exactly? Is she a Hedge Fund Manager?

[anigbrowl]

5. Unlikely at 27.

That's a pretty senior job. More likely an analyst or suchlike.

[madrchsod]

13. she was an analyst at her last job

[anigbrowl]

4. LOL

I'm glad Chelsea has moved on from McKinsey though. They're a consultancy company, famous for things like advising insurance companies to be more aggressive on refusing payouts and blackmailing customers. Look them up on Bloomberg for an excellent overview of why I don't like them.

[Araxen]

17. Scary stuff

[rinsd]

6. Um how is Hillary attacking Chelsea's job by calling for fair taxation?

MSM + Obamanation = disinformation

"We also have to reward work more," Clinton told a small group of Ohio residents today. "and by that, I mean, I have people in New York working on Wall Street as investment managers, as hedge fund executives. Under the tax code, they can pay a lower percentage of their income in taxes on $50 million dollars, than a teacher, or a nurse, or a truck driver in Parma pays on $50,000. That's very discouraging to people."

You just feel like, 'wait a minute. I'm working as hard as I can.' All those people you see in your law office. They're working as hard as they can and they feel like they're just getting further and further behind," Clinton said.

It's not the first time Clinton has taken a swipe against her daughter's profession. Campaigning in Wisconsin yesterday, Clinton railed against hedge funds as Chelsea sat off to the side.

"I saw a sign over here - someone has a t-shirt on, tax hedge fund dealers," Clinton said Monday, "well in this economy we are going to have a fair tax system again. A Wall Street investment manager, a hedge fund dealer, should not pay a lower percentage of taxes on his 50 million dollars worth of income.”

Gee what an evil woman calling for fair taxation :eyes:

[Major Hogwash]

7. Hahahahahaha - "but Mom . . . "

I love it! When will Hillary claim that she is not a Washington insider?

LoL

[proud2BlibKansan]

8. But did she plagiarize?

I think she stole that word "work".

[Tweed]

I've never seen Hillary so clairvoyant

[Barack_America]

9. So then what was Hillary's first "real" job?

I'm guessing that corporate lawyer and Wal-Mart board member also don't make the cut.

[madrchsod]

10. amazing....wait a minute

was`t there another dust up between them last year ?

[JVS]

11. The hatchetmen and women of the parasitic class!

[rodeodance]

12. oh gawd's!!

[madrchsod]

14. bill and hillary`s friends own this company

http://econedge.org/08/chelsea-clinton-gets-job-at-new-york-city-hedge-fund/
Chelsea Clinton Gets Job at New York City Hedge Fund | Economic Edge

[Eric J in MN]

15. Hillary Clinton was making the opposite point...

...that hedge fund managers should have to pay taxes on what they make at the higher-rate for salaries (work), and not at the lower-rate for investments.

[Yael]

16. So now even Chelsea doesn't count, I guess. What an insult!!

Chelsea has got to be sick of this by now

She isn't a campaigner -- she probably just wants to go back to her real life and "no work" job.

Got news for ya, Hillary -- you don't know the stress this girl is going to be under in a job like that in this economy.

[Political Heretic]

18. Oh brother. What a ridiculous story.

Can we please try to elevate politics a little bit.

My name is Obama supporter, and I reject the relevance of this thread! :)

[CorpGovActivist]

19. Ooopsies!

[CreekDog]

20. Okay, this is called not catching a break

Sheesh.

[Moochy]

21. You know what would be handy...

If you were a Wall Street funds manager and you were clairvoyant!