Friday, June 6, 2014

CLINTONS FLUSH WITH CASH
Good for them.  When it comes to the federal government, the only way to be a member of that club is to be a millionaire or a billionaire or heir or heiress to either class.  Hardly will the club or its members tolerate someone outside that millionaire's club.  Ron Paul is the exception.  As was the Minnesota Congressman Paul Wellstone.
Bloomberg reports:

Bill, Hillary and Chelsea Clinton raised $200 million in 10 months for their foundation’s endowment, positioning the nonprofit to survive even if its cash-collecting namesakes engage in a 2016 presidential run.

With four-fifths of their $250-million target in the bank, they are also changing fundraising strategies to include small donors -- a tactic that would create a list that could be politically useful, as well....

The Clintons’ initial appeals for foundation money were to contributors who could give $1 million or more. Those answering that call included Irish cell phone billionaire Denis O’Brien, and Bill Austin, owner of Minnesota’s Starkey Laboratories. Others were charities founded by Mexican billionaire Carlos Slim Helu -- the world’s second richest man -- and one run by Chicago venture capitalist J.B. Pritzker and his wife.
I find the Pritzker donation most interesting, since the Pritker's were key players in getting President Obama's initial presidential run off the ground.  Penny Priztker is now US Secretary of Commerce.
(h/t Bob Wenzel)

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