Chelsea Clinton reaps $9 MILLION from corporate board position

[Warlord]

This STINKS...

Chelsea Clinton has reaped $9 million in compensation since 2011 for serving on the board of an internet investment company, according to Barron’s, the financial publication.

Barron’s reported Sunday that Clinton has profited handsomely as a board member for IAC/InterActiveCorp, a media and internet investment company that has an ownership stake in 150 well-known brands, such as Vimeo, Tinder, Angie’s List and Home Advisor.

Clinton, the only child of former President Bill Clinton and former Secretary of State Hillary Clinton, has served on IAC’s board since 2011 and receives an annual $50,000 retainer and $250,000 worth of restricted IAC stock units, Barron’s reports.

She reported owning $8.95 million worth of IAC stock to the Securities and Exchange Commission at the end of December.

Barron’s notes that IAC’s stock has risen 89 percent, 50 percent and 36 percent in 2017, 2018 and 2019, respectively, a far steeper rise than the broader stock market.

Clinton’s public profile has proved a valuable commodity.

She earned an annual salary of $600,000 working as a special correspondent for NBC News in 2013 and part of 2014.

Clinton was named to the board of Expedia Group in March of 2017, a position that typically earned $250,000 in 2015, according to a report at the time by The Guardian.

Both IAC and Expedia are controlled by Barry Diller, the business and television mogul, who is a friend of Hillary Clinton.

https://thehill.com/homenews/senate...reaps-9-million-from-corporate-board-position

 

[donnay]

That's what crony capitalism is all about. The rich get richer and the poor get poorer.

There needs to be restrictions placed on lobbyist and career politicians and other conflicts of interests.

 

[Anti Globalist]

The apple doesn’t fall far from the tree.

 

[Warlord]

That's what crony capitalism is all about. The rich get richer and the poor get poorer.

There needs to be restrictions placed on lobbyist and career politicians and other conflicts of interests.

I'm sure [MENTION=59651]Krugminator2[/MENTION] will be along later to tell us that this is capitalism and nothing is wrong. No, its crony capitalism and blatant nepotism and I wish something was done.

 

[donnay]

A truly free market capitalism would level the playing fields. This is why so many politicians and big businesses are against it.

 

[specsaregood]

That's what crony capitalism is all about. The rich get richer and the poor get poorer.

There needs to be restrictions placed on lobbyist and career politicians and other conflicts of interests.

She hasn't been a lobbyist or politician as far as I know. are you proposing restricting the choices of children based on their parents professions?

 

[Warlord]

She hasn't been a lobbyist or politician as far as I know. are you proposing restricting the choices of children based on their parents professions?

Nepotism needs to be recognized some how. Hunter Biden, Paul Pelosi and now Chelsea Clinton. Do you see a pattern here? All of them are enriching themselves obscenely off their family connections.

 

[donnay]

She hasn't been a lobbyist or politician as far as I know. are you proposing restricting the choices of children based on their parents professions?

I agree with [MENTION=48991]Warlord[/MENTION], the nepotism is an extension of crony capitalism.

Hunter Biden joins list of West Wing kids landing lucrative corporate gigs
https://www.foxbusiness.com/money/hunter-biden-business-ukraine-china-chelsea-clinton

 

[Firestarter]

This STINKS...

Nepotism needs to be recognized some how. Hunter Biden, Paul Pelosi and now Chelsea Clinton. Do you see a pattern here? All of them are enriching themselves obscenely off their family connections.

Do you know what stinks even more that the Clintons?!?
That are our deaf, dumb and blind Trump-supporting media that only see the crimes of the crooked Clintons, while the nepotism of the Trump-Kushner crime syndicate continues to be somewhat underreported.

Chabad-Lubavitcher Len Blavatnik (what is Russiagate?) is the interesting one in this tale of corruption...

Barry Diller and his wife Diane von Furstenberg are good friends with Josh Kushner (Jared’s brother) and his supermodel fiancée Karlie Kloss.
Diller had this to say of Ivanka Trump (and the "evil character" Donald):

I mean, we were friendly.
I would sit next to her every once in a while at a dinner. And I, as everyone did, was like, ‘Oh, my God, how could this evil character have spawned such a polite, gracious person? I don’t think we feel that way now.

In September 2011, when Barry Diller appointed Chelsea Clinton (married to a Goldman Sachs banker), he also appointed Sonali de Rycker (of the Accel of James Breyer, Facebook, and Goldman Sachs) to the board of IAC. At this time Hillary Clinton was Secretary of State.

(...)

Facebook insiders sold a large bundle of shares 3 days after its initial public offering, insider trading, including:
James Breyer and Accel Partners;

The number 1 Facebook insider trader Accel in reality is controlled by "Britain’s richest man" Sir Len Blavatnik. Blavatnik is the founder of Access Industries that now owns Warner Music Group.
Blavatnik and Viktor Vekselberg hold a 15.8% joint stake in the Rusal of Nat Rothschild's friend and business partner Oleg Deripaska.

In April 2017, Blavatnik’s Access Entertainment purchased James Packer’s ownership share of RatPac Entertainment.
RatPac is a partner in RatPac-Dune Entertainment with Dune Entertainment, which was led by Goldman Sachs, Bonesman Steven Mnuchin. Since 2006, Dune partnered with Warner Brothers and Fox Filmed Entertainment (of Rothschild agent Rupert Murdoch).
Mnuchin sold his stake before becoming Treasury Secretary without disclosing to whom.

Interestingly some of the “insiders” that made more than 13 billion dollars in the IPO of Facebook have (also) funded the Cadre.

In 2015, Yuri Milner “invested” $850,000 in the Cadre start-up in New York, owned by Jared and his brother Joshua Kushner (with a third associate). The complete group of investors included Peter Thiel, Goldman Sachs, Deutsche Bank and Blackstone: http://www.ronpaulforums.com/showth...5bn-mortgage&p=6633986&viewfull=1#post6633986

http://www.ronpaulforums.com/showth...an-Clinton-Bezos-and-Facebook-insider-trading

 

[specsaregood]

Nepotism needs to be recognized some how. Hunter Biden, Paul Pelosi and now Chelsea Clinton. Do you see a pattern here? All of them are enriching themselves obscenely off their family connections.

I understand that it is obscene and obvious. But do you really want to put restrictions on children based on their parents decisions?

 

[Warlord]

I understand that it is obscene and obvious. But do you really want to put restrictions on children based on their parents decisions?

I don't know what can be done. I'm not a lawmaker...

 

[Krugminator2]

I'm sure @Krugminator2 will be along later to tell us that this is capitalism and nothing is wrong. No, its crony capitalism and blatant nepotism and I wish something was done.

I have no idea why you linked to my name or why I wouldn't think this is nepotism or cronyism.

My guess is it has something to do with the Mitt Romney thread and you being a socialist. Only a guess though.

 

[Krugminator2]

I don't know what can be done. I'm not a lawmaker...

It is quite easy. We have a First Amendment. Nothing can or should be done, comrade. There should be no campaign finance laws at all.

 

[Warlord]

I have no idea why you linked to my name or why I wouldn't think this is nepotism or cronyism.

My guess is it has something to do with the Mitt Romney thread and you being a socialist. Only a guess though.

You were defending obscene enrichment in that thread.. i'm no socialist.

 

[acptulsa]

I have no idea why you linked to my name or why I wouldn't think this is nepotism or cronyism.

My guess is it has something to do with the Mitt Romney thread and you being a socialist. Only a guess though.

I'm already sick of "either/or" lesser of two evils false choices. Why should I buy the baloney that anyone who speaks out against corporate-government fascism must therefore be a socialist?

 

[Krugminator2]

You were defending obscene enrichment in that thread.. i'm no socialist.

It isn't obscene. It is how things should work. Tons of studies show financial capitalism has made the United States more prosperous. https://www.amazon.com/New-Financia...kr+financial+capitalism&qid=1578414850&sr=8-1 Halfway through this book written by a Harvard economist that I bought a month or so back in response to the first thread.

Find a free market economist who agrees with your anti-venture capital stance. In the meantime I haven't read this by Yaron Brook but maybe you should. https://www.amazon.com/gp/product/B075THLR7J/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i2

You want to know who else agrees Ron Paul

"“I think it’s a big distraction,” Paul said. “And they’re picking up on this and those who are condemning him for it, I think, are arguing like Democrats.“You know, they come in and say, look, restructuring in the free market is a good idea, and I don’t know anything about Bain, so I’m not taking a position on that, and I haven’t looked at it and I have no idea what he did or didn’t do, but the principle of restructuring is a good thing in the marketplace,” he said.
https://thehill.com/blogs/blog-brie...-ron-paul-defends-romney-against-bain-attacks


You want to know who is on your side? Robert Reich https://robertreich.org/post/20930554256 and Elizabeth Warren https://www.wsj.com/articles/elizabeth-warren-takes-aim-at-private-equity-funds-11563454803

 

[Krugminator2]

I'm already sick of "either/or" lesser of two evils false choices. Why should I buy the baloney that anyone who speaks out against corporate-government fascism must therefore be a socialist?

But he isn't speaking out against corporate-government fascism. He is speaking out against voluntary private sector transactions with no government involvement with a person (Mitt Romney) who wasn't connected to government in any way.

 

[acptulsa]

It isn't obscene. It is how things should work.

So you figure a revolving door between corporations and D.C. is the perfect way to ensure the free market a level playing field?

But he isn't speaking out against corporate-government fascism. He is speaking out against voluntary private sector transactions with no government involvement with a person (Mitt Romney) who wasn't connected to government in any way.

Ever hear of a guy named George Romney?

 

[Warlord]

You want to know who else agrees Ron Paul

"“I think it’s a big distraction,” Paul said. “And they’re picking up on this and those who are condemning him for it, I think, are arguing like Democrats.“You know, they come in and say, look, restructuring in the free market is a good idea, and I don’t know anything about Bain, so I’m not taking a position on that, and I haven’t looked at it and I have no idea what he did or didn’t do, but the principle of restructuring is a good thing in the marketplace,” he said.
https://thehill.com/blogs/blog-brie...-ron-paul-defends-romney-against-bain-attacks


You want to know who is on your side? Robert Reich https://robertreich.org/post/20930554256 and Elizabeth Warren https://www.wsj.com/articles/elizabeth-warren-takes-aim-at-private-equity-funds-11563454803

Ron is against crony capitalism/corporatism of this kind:


https://youtu.be/MP-Nwnmk5yc

He thinks the focus should be on the monetary system and the Fed.

 

[Krugminator2]

Ron is against crony capitalism/corporatism of this kind:

Nope. He isn't. Supported Mitt Romney's work, as evidenced by link. Sees it as a clear benefit. Not cronyism or corporatism in any way. It is raw capitalism.

I don't think you know what words mean.

Corporatism- the control of a state or organization by large interest groups

I don't see government controlling anything when a venture capital firm buys a business.