Yep, nothing smarter then to undermine your daughter's profession and piss off major players in the financial market in one fell swoop. I mean, usually it takes an entire rant to do that, but then again I'm just a mere mortal in the realm of pissing people off. Hillary's a professional at it.
"We also have to reward work more," Clinton told a small group of Ohio residents today. "and by that, I mean, I 
have people in New York working on Wall Street as investment managers, as hedge fund executives. Under the tax code, they can pay a lower percentage of their income in taxes on $50 million dollars, than a teacher, or a nurse, or a truck driver in Parma pays on $50,000. That's very discouraging to people."
You just feel like, 'wait a minute. I'm working as hard as I can.' All those people you see in your law office. They're working as hard as they can and they feel like they're just getting further and further behind," Clinton said.
So you're telling me that a nurse somehow does more work then a hedge fund manager? I'm quite sure there's more of a feeling of self worth in the nurse's profession, but both professions deal with an insane amount of stress and burnout. And, I don't know what nurses Hillary's talking about, but in the mid 90's when I was working for a health care provider, we started our nurses out at $35 an hour. That's straight out of college with zero experience other then what they achieved while in school. Our experienced nurses were earning closer to $50 an hour.
Now, is it the hedge fund managers fault that the people making $50k a year are feeling like they are getting further behind? Of course not, but it's the in thing to throw people like that under the bus because it makes you look like you're "one of the little guys", even though you've raised millions and stuck a knife into anyone's back when it suited you just fine.
Now, Hillary is implying that people who made $50 million last year were somehow paying less in taxes then someone who made $50k. That's simply NOT TRUE. They may pay a smaller RATE then someone making $50k, but they are also using the existing tax code to get the greatest benefit for their hard earned money. It can be done by someone making $50k as well. I just opened up my first brokerage account a short while ago and I've already invested into some stocks that I think will do well.
If someone makes around $50k a year, they should be paying anywhere from $5k-$15k a year in taxes, roughly. If you think that someone who made $50 million last year paid less than $15k in taxes, you're sadly mistaken and you should use this neat new product called a "Q-Tip". It REALLY helps out the hearing and clears all the bullshit out of your ears that comes from Hillary's rhetoric.
Plus, as shrewd of a politician as Hillary is, you'd think she wouldn't pull this same kind of stunt. But you'd be wrong:
It's not the first time Clinton has taken a swipe against her daughter's profession. Campaigning in Wisconsin yesterday, Clinton railed against hedge funds as Chelsea sat off to the side.
"I saw a sign over here - someone has a t-shirt on, tax hedge fund dealers," Clinton said Monday, "well in this economy we are going to have a fair tax system again. A Wall Street investment manager, a hedge fund dealer, should not pay a lower percentage of taxes on his 50 million dollars worth of income.”
In 2006, Chelsea scolded her mother for telling an audience that young people "think work is a four-letter word." Clinton said daughter Chelsea called her to complain, arguing she does work hard and her friends work hard. Clinton later said she apologized to her daughter.
This is the exact same thing that pissed off voters with John Kerry's failed bid at the Presidency in 2004. His wife Theresa claimed that Laura Bush "never had a real job", and yet she did. When it was shown that, it made Theresa look like a snob.
This is no different, except, that Hillary looks like she's throwing major financial players under the bus. People like that tend to never forget such things.
Travis
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