One of the targets of Democrats this year is the evil HEDGE FUND, Democrats hate hedge funds, or anything else that moves people away from becoming wards of the state. Well, it turned out John Edwards made a bunch of money working for a hedge fund. No big deal to rational humans, but political observers thought it odd, or stupid, that he would demonize an industry where he’d made some cash himself. That story has since faded because Edwards has faded, but there’s someone else out there working for a hedge fund on the Democrats side that you don’t hear too much about; Chelsea Clinton.
Yes, Chelsea is getting rich off the industry Democrats want to destroy, and no one seems to notice.
Speaking, yes, speaking at Stanford University to a small group of Sororities (apparently she can’t be bothered to speak with people who might not be able to afford to join groups, or even 9 year olds) about why her mother would be the bestest President ever, totally!
“We are just trying to make my mom’s campaign more accessible to people,” she said. “We want to make sure that young people feel like the campaign is talking about issues that you care about and is delivering its plans and ideas in a way that resonates with you.
In other words, we have no idea how to talk to young people, so they’re throwing me out there to get some ideas. We don’t care if we actually address the problems really facing young people, like the coming crush of Social Security and Medicare, we just want you to feel like we’re addressing things you care about.
Then there is this tidbit.
Chelsea Clinton is taking time off from her job with Avenue Capital Group, a New York hedge fund, to promote the campaign of her mother, Sen. Hillary Clinton (D-N.Y.), for the Democratic presidential nomination.
Must be nice to be able to take time off work to travel the country campaigning with a parent. Especially when you can afford to do it, since Chelsea makes a pretty good salary.
But that’s not the point, she should make as much as she can, it’s her life. But the intellectual dishonesty involved here, the double standard, is exactly why people do not trust her mother.
If the Clinton campaign is going to use Chelsea as anything more than prop they need to treat her as more than prop. They should also explain how they can attack what she does for a living but have no problem with the fact that she does it. hedge funds are either an evil that need to be punished or they’re not. They can’t be the problem but ok to make a lot of personal wealth from for family members.
And the media only deem it worthy of a passing note. Check out the whole post, but this last line is worthly of mention:
Why do I suspect that if the child of a prominent Republican candidate worked at a hedge fund, the Times might have played things more prominently, and less sympathetically?