March 16, 2008
Open Question: Is Hillary the biggest fraud since George W. Bush?
Open Question: Is Hillary the biggest fraud since George W. Bush?
Her daughter Chelsea works for a hedge fund, whose founder is a big contributor to Hillary's campaign. They specialize in buying up foreclosed real estate and bankrupt companies, then sell at a profit. With this economy in such bad shape I don't know how Chelsea's firm can afford to be without her as she campaigns for her mother. It just doesn't seem right that as the economy tanks, the fortunes of the Clinton's could really grow and grow and grow. It's the perfect scam. Create business conditions so harsh that businesses fail, stocks crash and homeowners face foreclosure. Behind all of this is Chelsea Clinton, rushing in to buy up the assets for pennies on the dollar at the bankruptcy sales. Then later, after some favored tax break or regulatory relief from Mom, the assets will rise in value and be sold for a large profit. Should I care? sorry indy2 but banks are prohibited from engaging in the practices that hedge funds do. Also, with my income, I do not qualify for these type of investments, nor does my stockbroker even follow them.
Source: _http
Tags: home equity loan, foreclosure









