A Hedge Fund billionaire has "close personal ties" with the Clintons

[AZ Progressive]

A billionaire hedge fund kingpin, co-owner of the Milwaukee Bucs and avid high-stakes poker player (for stakes as much as $20,000 a hand) Lasry is among Clinton’s most steadfast Wall Street backers, with close personal ties to her family. He has donated between $100,000 and $250,000 to the Clinton Foundation, hired Chelsea Clinton at his Avenue Capital hedge fund, invested (along with Blankfein) in son-in-law Mezvinsky’s fund and made his corporate jet available to Clinton while she was senator. When Clinton launched her campaign last year, Lasry threw one of the initial fundraisers, sending out an email saying he would “love to try to raise 270” — as in $270,000.

- https://www.yahoo.com/politics/hillarys-financial-armada-233033648.html

Marc Lasry's net worth: $1.9 billion


How can anyone trust Hillary to put the American people above the interests of the billionaires and Wall Street?

[leftofcool]

1. OMG! A billionaire donates money so a charity can help the poorest of the poor!

[AZ Progressive]

2. Ahh, to be expected from Hillary supporters

[leftofcool]

3. So says you.

[AZ Progressive]

4. Hillary's hypocrisy

[leftofcool]

9. Okay, we get it. You don't like anyone who has money.

[Cali_Democrat]

5. The Clinton Foundation does great work.

This man should be praised.

[AZ Progressive]

6. Would Hillary hurt him with policies that favor the 99% over the 1%?

[Cali_Democrat]

7. I really don't think Hillary wants to hurt anyone.

I would hope Bernie doesn't want to hurt anyone either.

Deliberately trying to harm people is not cool or progressive in any way.

[AZ Progressive]

8. Hurt their wealth of course

Nice try

[Recursion]

10. You actually want to make this guy poorer? Like as an active goal?

I see making him less wealthy as an unfortunate and often (but not always) avoidable side effect of wanting to make normal Americans wealthier.

[AZ Progressive]

11. Hillary supporters' logic is amusing

You really think the rich care about you? They don't want to pay their fair share of taxes and they are a large part of the reason that this country is declining. They have corrupted the political system to make sure that it serves them, not you and the rest of the 99%.

[DanTex]

22. Do you think all rich people are like that? How about Ben and Jerry, two of Bernie's top supporters?

[AZ Progressive]

12. BTW, I appreciate all the kicks to the top you guys are giving me of this thread

Helping me to promote it!

[reformist2]

15. Yes. We need to redistribute their wealth so that the rest of us will be better off.

Everything that has been done in Washington for the past 30 years has been done to increase the wealth of the 1%. When we go to undo those things to make our lives better, of course their wealth is going to decline. As it should.

[AZ Progressive]

17. We had top tax rates of 70% to 91% during the mid 20th century

Especially during the postwar era, and look how great our economy was. And it was at the expense of the rich as in that it kept them from getting much richer.

[DanTex]

21. And this particular billionaire agrees with that. He's not the only one. Soros, Steyer, etc.

The "Buffet" rule is named after Warren Buffet. Bill Gates has said taxes on the rich should be higher.

The fact that someone is rich doesn't mean they aren't in favor of higher taxes on the rich.

[cantbeserious]

13. Know Thy Enemy - Oligarchs, Corporations, Banks And Their Media Minions And MIC Henchmen

eom

[PonyUp]

14. At first I thought it was her son-in-law, but they only live in a $10 million apartment. n/t

[SammyWinstonJack]

29. A ten million dollar apartment?

[PonyUp]

30. Here you go:

http://gawker.com/5991387/heres-what-chelsea-clintons-103-million-apartment-looks-like/

[MrMickeysMom]

16. I wonder what Chelsea is worth these days?

This is a fair question, too. Here we are talking about Wall Street, and there are more than close ties, as it's a family business for the Clintons.

Or, for that matter, how well does her health plan works for maternity leave?

[Skwmom]

18. Soros gave one of her super pacs 6 million or more.

[raouldukelives]

19. A lot of people make the world worse through corporate investments.

Then as they age, some develop a conscience for the evil they have wrought upon others and decide to become charitable to ease the stench of death around themselves.

Sadly, they still rely on the same corporate wealth from denying climate change, from rallying for war, from incarcerating the least among us and from sucking them dry when they become ill. They have done all they can to assure nothing ever gets better with the one life they have and then begin to realize it as they get older.

Wealth made from making things worse, I suppose, could be used to try to make things better. But never as good as if they hadn't decided to assist in making things so bad to begin with.

[DanTex]

20. You realize that anyone with a 401k or a pension has "corporate investments" right?

[Art_from_Ark]

24. And that's part of the problem

It's just keeping the vicious circle going.

[DanTex]

25. What should be done about that? Retirement funds can't remain viable without investing

in stocks.

[raouldukelives]

28. Do they realize it. That is the question.

As long as they are honest about it, that is half the battle in my eyes.

[HereSince1628]

26. As I remember it, Carnagie said he gave some money away because if he didn't

the common brutes would one-day come and take it -all- away.

I'm really not sure there is any turn toward redemption, but rather a greater sense of vulnerability. When all you have is money, I would expect that throwing money is seen as the solution to every problem.

[CharlotteVale]

23. Are there any that don't?

[TeddyR]

27. As a Bernie supporter

I find these constant attacks on Hillary's "ties" to Wall Street and billionaires tiresome. Do people think President Obama didn't have "ties" to Wall Street? And whatever you might think Bernie would do if elected, he would not redistribute wealth. This is a country whose economy is based on capitalism, not socialism.