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New Hillary Ad – “Bush Economy’s A Trapdoor”

From her campaign, via YouTube:

Falling Through

“The Bush economy is like a trapdoor.
“Too many families are one pink slip, one missed mortgage payment, one medical diagnosis away from falling through and losing everything.
“The oil companies, the predatory student loan companies, the insurance companies and the drug companies, have had seven years of a president who stands up for them.
“I intend to be a president who stands up for all of you.”

Never mind that up until only a few brief month ago the Clintons were profiting nicely from these evil oil and drug companies:

To Avoid Conflicts, Clintons Liquidate Holdings


WASHINGTON, June 14 — Concerned that their personal finances might become a political liability once again, Bill and Hillary Rodham Clinton in April sold the millions of dollars of stocks held by their blind trust after learning that those investments included oil and pharmaceutical companies, military contractors and Wal-Mart, their aides said Thursday.

The Clintons liquidated the trust — valued at $5 million to $25 million — and are leaving the proceeds for now in cash in an effort to eliminate any chance of ethical problems or political embarrassment from their holdings as Mrs. Clinton runs for the 2008 Democratic presidential nomination, their advisers said.

By disposing of all their stocks, Mrs. Clinton was seeking to avoid potential conflicts of interest that might arise from legislation that she votes on in the Senate, as well as avoid holding financial stakes in companies and industries — like Rupert Murdoch’s News Corporation, the owner of Fox News — that could draw criticism from some Democratic voters

The Clintons sold the stock as they prepared to disclose their holdings under government ethics rules for presidential candidates

This spring, the federal Office of Government Ethics informed Mrs. Clinton that, as a presidential candidate, she had to dissolve her trust and report all of her investments on public financial disclosure forms

They ultimately decided that they were better off, with Mrs. Clinton in office and running for the presidency, to liquidate the entire blind trust and not keep the stock or reinvest the money for the duration of her campaign, their advisers said…

Senator Clinton and the president wanted to go above and beyond and avoid even the appearance of a conflict of interest, so they chose to liquidate the assets,” said Howard Wolfson, communications director of Mrs. Clinton’s campaign…

The Clintons had investments in several pharmaceutical companies, including Abbott Labs, Amgen, Biogen Idec, Genentech, Genzyme, Novartis, Pfizer and Wyeth. The assets in each company ran from $100,001 to $250,000. The trust also had assets in BP Amoco, $50,001 to $100,000; Chevron, $15,001 to $50,000; and Exxon Mobil, $100,001 to $250,000, as well as common stock in Raytheon and Wal-Mart Stores, $100,001 to $250,000 each.

And never mind their little real estate scam known as Whitewater.

Hillary is now going to stand up for all of us.

(Except for conservatives, Republicans, or anyone else who doesn’t agree 100% with her brand of radical socialism.)

This article was posted by Steve on Sunday, January 27th, 2008. Comments are currently closed.

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