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(NYPost)   ♫ Weiner's moving on up, to the East Side, to a deluxe apartment owned by a deep-pocketed Democratic donor   ( divider line
    More: Followup, east side, Anthony Wiener, Anthony Weiner, Manhattan, Huma Abedin, Abedin, bundlers, blood donors  
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633 clicks; posted to Politics » on 13 Aug 2012 at 12:47 PM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2012-08-13 04:40:42 PM  
2 votes:

fsbilly: Anyway, by your logic, shouldn't they kick him to the curb, as he's useless now?

Why would politicians remain for sale if they never get paid off once they are out of office?

Bill Clinton led the fight to kill Glass Steagall

He also led the fight to pass NAFTA and grant China most favored nation trading status so the obscenely wealthy could start moving US manufacturing jobs to places that paid slave labor wages and ignored environmental regulations without any sort of financial penalty.

He also fought to prevent the regulation of the Derivatives market which was largely responsible for our current financial crisis.

All these actions are much beloved by the obscenely wealthy. They all helped accelerate the rate at which the rich got richer at the expense of everyone else.

Unsurprisingly, once Clinton left office, he suddenly developed a net worth of 80 million dollars. Serving the interests of the obscenely wealthy is quite profitable for politicians.

Over the course of the next ten years after his Presidency, Clinton brought in roughly $8-10 million a year in speaking fees. In 2004, Clinton got $250,000 from Citigroup and $150,000 from Deutsche Bank. Goldman paid him $300,000 for two speeches, one in Paris. As the bubble peaked, in 2006, Clinton got $150,000 paydays each from Citigroup (twice), Lehman Brothers, the Mortgage Bankers Association, and the National Association of Realtors. In 2007, it was Goldman again, twice, Lehman, Citigroup, and Merrill Lynch.
2012-08-13 01:21:25 PM  
2 votes:
If he hadn't been working in the interests of the obscenely wealthy when he was in office, they wouldn't be paying him off for it now.
2012-08-13 12:48:29 PM  
1 vote:
Wow, how long has Weiner been out of office, and the pigs in the GOP are still this scared of him? At what point does it go past "reporting" and just become full-on stalking?
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