Clinton’s Couldn’t Even Tell The Truth about Their Troblesome Stock Dump!
The Clintons opened the blind trust in April under instructions from the Office of Government Ethics and sold the assets in May, according to a disclosure form filed Friday. The Clintons have had a blind trust since former President Clinton was governor of Arkansas in 1983 and had no control over its transactions.
Once they peered inside it, they discovered it included investments in oil and drug companies, military contractors and Wal-Mart.
The report, filed Friday with the Federal Election Commission and the Office of Government Ethics, provides the most detailed look at the Clintons’ holdings as their wealth has expanded since the former president left the White House in 2001.
The new report also shows that the former president made $16 million in speaking fees between January 2006 and Wednesday. So far this year, Bill Clinton has given 34 paid speeches for a total of $5.9 million.
The blind trust held stock in pharmaceutical companies, including $250,000-$500,000 in Biogen Idec and Johnson & Johnson and $100,000-$250,000 in Amgen, Pfizer and GlaxoSmithKline. It also invested in General Electric and Raytheon, two leading defense contractors. The trust had a varied portfolio, with investments in numerous other companies, including Exxon Mobil, BP Amoco, Walt Disney and eBay.
Wow, so they just peered inside and found these things out? Keep in mind, Hillary sat on the Board at Wal-Mart. Here is what was being taked about in March 2006:
The Clintons also benefited financially from Wal-Mart. Hillary Clinton was paid $18,000 each year she served on the board, plus $1,500 for each meeting she attended. By 1993 she had accumulated at least $100,000 in Wal-Mart stock, according to Bill Clinton’s federal financial disclosure forms that year.
TSK TSK TSK
June 17, 2007 - 10:19 PM on June 17th, 2007
The clintons are planning to do more lying and fabrcating:razz:
June 18, 2007 - 12:11 AM on June 18th, 2007
“Blind Trusts” are always a ruse. I tell you what, if I ever score in the lottery, it will be collected by a blind trust — and I’ll retain full control over the investment activities. They were created by politicians for politicians.
June 18, 2007 - 05:55 AM on June 18th, 2007
I think rich Democrats ought to be forced by law to divest and send to the US treasury all monies over $500,000. That ought to cure their class warfare ideas and rhetoric.
June 18, 2007 - 08:36 PM on June 18th, 2007
I would agree with you PCD, but they’d just find another way to hide their actual wealth. Look at Teddy “We need to tax the hell out of estates” Kennedy. Does anyone really believe that his only source of income is his $160,000 a year salary? He wants to take away everyone else’s inheritance while living in a number of multi million dollar estates that are controlled by a trust fund set up by his bootlegger father.
Look at Jay Rockefeller who complains about the oil industry but would be an absolute nobody were it not for JD Rockefeller’s Standard Oil trust.