NEW YORK – Former first daughter Chelsea Clinton has joined Avenue Capital Group, a $12 billion hedge fund manager whose founder has contributed to many Democratic Party campaigns, a person familiar with the matter said Friday.
Clinton, 26, the only child of former President Bill Clinton and U.S. Sen. Hillary Rodham Clinton, has taken a post at the New York-based fund manager in an undisclosed capacity, the source said.
Clinton, who graduated from Stanford University in 2001 and studied philosophy at Oxford University, most recently worked at consultants McKinsey & Co. from 2003.
Ole Barny Frank, Chris Dodd, Maxine Waters, Charles Schumer, all blocked John Snow, President Bush, Allen Greenspan, John McCain who were calling for Regulation of the GSEs in 2001, 2003, & 2005 S.190 when it was evident Fannie Mae & Freddie Mac were running out of money.
In 2006, Democrats told Americans that Fannie and Freddie had indeed failed and needs to be ‘bailed out’ oh how ruse – gee I wonder how that was done? Now appears Obama, who says he has inherited President Bush’s Debt, when in reality, Obama has inherited the debt from Democratic design/Constructive Fraud – What an evil act that has been committed against the American people by the lefties.
IT IS IMPORTANT TO REMEMBER;
The first six years of President Bush’s Office, the economy was fine and what the Democrats had BLOCKED, had not come to light yet.
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%
4) The DOW JONES hit a record high of 14,000 +
5) American’s were buying new cars, taking cruises,
vacations over seas, living large!…
But Sheeple wanted ‘CHANGE’! So, in 2006 they voted in a
Socialist Congress & yep–we got ‘CHANGE’ all right.
When the Democrats took Majority in Congress, due to their Media Blitz Krieg with G.E.’s sycophantic MSM, – they after Blocking 2001, 2003, & 2005 attempts by Republicans to Regulate Fannie Mae & Freedie Mac –2006 the Democrats then released the news to America, that Fannie & Freddie were going bankrupt! WHAT A NICE WAY TO ASSURE DISTRESSED SECURITIES FOR THEIR CRONIES’ HEDGE FUNDS!!
THE HEDGE FUND AND ANYONE ELSE WHO WAS IN ON THIS INFO, COULD SELL ‘BORROWED’ STOCK TO SELL HIGH TO DUMB AMERICANS AND WHEN THE BOTTOM FELL OUT, ‘REPLACE’ THE BORROWED STOCKS WITH ROCK BOTTOM CHEAP STOCKS AND MAKE A BUNDLE.
NOW THAT HOUSING, MANUFACTURING PLANTS, BANKS, ETC ETC ARE ALSO ROCK BOTTOM VALUE – THEY COULD NOW PURCHASE THEM WITH THEIR BILLIONS AND WAIT FOR THEM TOO TO REVALUATE OVER TIME. THEY MADE MONEY WHEN THE PRICES FELL AND WILL MAKE MORE MONEY WHEN THE PRICES RISE AGAIN.
This is what happened when Democrats took full control in 2006
1) Consumer confidence began plummeting ;
2) Gasoline went over $4 a gallon;
3) Unemployment went up to 5% (a 10% increase);
4) The effects of the Socialist Party BLOCKING oversight Regulations of Fannie Mae & Freddie Mac written by Republicans in 2002 & 2005 by McCain S.190 are realized.
5) Americans have seen their home equity drop by $12 Trillion Dollars and prices are still dropping.
6) Barney Franks (Socialist) sleeps with same sex spouse from Fannie Mae is uncovered.
7) Christopher Dodd (Socialist) and head of Senate Finance is responsible for refusing Greenspan’s warning about the impending COLLAPSE of the Stock Markets – FM&FM.
8) Massive Exodus of American homes are in foreclosure due to Socialists.
9) Socialists exposed granting loans to Illegal Aliens, Non working applicants, and under paid applicants. Instances of applicants working a low paying job at McDonald s received $500,000.00 loans of which applicants could never meet monthly payments.
10) + $2.5 TRILLION DOLLARS HAVE EVAPORATED FROM AMERICAN STOCKS,
BONDS & MUTUAL FUNDS BY FOREIGN HEDGE FUNDS & PREDATORY LOANING AGAINST 2001/2003/2005 WARNINGS OF FANNIE MAE & FREDDIE MAC COLLAPSE__WHICH HAS FORCED retired hard working Americans ONTO WELFARE.
For Shitz & Giggles: Want To See Pelosi’s 2007 Financial Disclosure – Owning Of Bail Out Stocks?
In .pdf form Save it to your desktop so you can rotate it upright.
- Chelsea Clinton says she may still run for public office (upi.com)
- The Stench of the Potomac (readersupportednews.org)
- Wealth Care State’s Endless Summers (patriceayme.wordpress.com)