2016 Postmortem
Related: About this forumSixty-five thousand dollars to Chelsea Clinton for 10 minute speech
A college balks at Hillary Clintons fee, books Chelsea for $65,000 instead
https://www.washingtonpost.com/politics/a-college-balks-at-hillary-clintons-fee-so-books-chelsea-for-65000-instead/2015/06/29/b1918e42-1e78-11e5-84d5-eb37ee8eaa61_story.html
So inspirational!
The contract required that the university submit a final list of attendees (including their occupations, titles and affiliations) two weeks before the event for vetting and stipulated that guests must be lined up before Clintons arrival and then proceed to their seats after their photos were taken. The contract also gave Clintons team final approval of which media outlets were authorized to cover the speech.
Autumn
(45,056 posts)Android3.14
(5,402 posts)CorporatistNation
(2,546 posts)So much for "OUR" Democratic Party... When in FACT it is HILLARY'S democratic PARTY!
amborin
(16,631 posts)JackRiddler
(24,979 posts)which no doubt has a bunch of those.
amborin
(16,631 posts)Ash_F
(5,861 posts)JackRiddler
(24,979 posts)Incredible, no?
Some amazing lucre on the circuit - others get $30 K and such to speak to colleges. So noble!
Ash_F
(5,861 posts)Freddie Stubbs
(29,853 posts)Jackie Wilson Said
(4,176 posts)highly paid speakers or just the Clinton's?
JackRiddler
(24,979 posts)With ridiculous but far lower fees than what CC commanded.
Jackie Wilson Said
(4,176 posts)amount to the tune of about 75%?
JackRiddler
(24,979 posts)Armstead
(47,803 posts)Not just the taxes themselves...But the high rates that used to exist also removed the incentive to pay ridiculously high salaries and binuses
Sunlei
(22,651 posts)Financials are public info on their Clinton Foundation website.
Mrs Clinton has her IRS filings on her website.
Always amazed me how high 'speaking fees' are, but even old Mitt Romney got $40,000 'speaking fees' from Corporations & his friends when he had to list his "income".
artislife
(9,497 posts)She is dull.
She has her moms lack of charisma
RobinA
(9,888 posts)with highly paid speakers who have done...what in life besides be highly paid speakers? I happen to like Chelsea from what I've seen in the media and I am a Hillary supporter. But my issue with this, and there are many people other than Chelsea doing it, is why are people willing to pay people like her with very little practical experience in anything, who are somehow touted as experts in something. Outside of academia, a place where you know you are getting an academic with lots of book and research knowledge, which has it's own value, what does Chelsea Clinton have to tell me? I have a Masters degree in psychology, I've worked retail, as a paralegal, as a child welfare social worker, a therapist in a methadone clinic, a community therapist, and as a social worker/therapist at a psychiatric hospital. There are thousands of people like me in various areas doing real work on the ground. Chelsea (and others in similar circumstances); work retail, walk through a crack house and try to keep the children who live there safe and not get yourself killed, help stroke patients rehab, teach kids to read. Then I might agree you should get big money for speeches.
exboyfil
(17,862 posts)I would much prefer to hear someone with your experience than a silver spoon. I always wonder about athletes as well. If they are talking to other athletes, then it kinds of makes sense but, in general, I really don't know what they can teach me. Same applies to actors.
I would prefer to hear authors, scientists, business professionals, social workers, health care providers etc.
nadinbrzezinski
(154,021 posts)Baobab
(4,667 posts)Dad's trade deal may lower wages substantially soon.
>In ten minutes she made what is the yearly pay for many Americans
enough
(13,256 posts)renate
(13,776 posts)and you said it so well.
AzDar
(14,023 posts)redstateblues
(10,565 posts)Envy is an ugly emotion
JackRiddler
(24,979 posts)Joe the Revelator
(14,915 posts)Over a year's salary for most of the country.
redstateblues
(10,565 posts)prominent people. As a Braves fan how do you feel about mediocre pitchers with lifetime losing records getting multi million dollar contracts? Apples and oranges for sure but I guess you could say they get "what is offered". Is it right that they make more money than school teachers? I see people in the music biz that I don't think are talented getting huge contracts. This whole idea that it's wrong for people to make money is puzzling.
Joe the Revelator
(14,915 posts)Unless being born into Royalty is talent.
cheapdate
(3,811 posts)Jamie Dimon at JP Morgan Chase? Lloyd Blankfein at Goldman Sachs? Thomas Kennedy at Raytheon? Just folks makin' money?
Practically no one here believes that the "whole idea" is that "it's wrong for people to make money" in the way that you seem to clearly be implying, which is as a universal principle. It's a necessity to make money to live in the world as it is. It's wrong for financial and political elites to skim millions and millions of dollars off the top.
I don't really have time right now to try to "unpuzzle" for you why some people take issue with Lloyd Blankfein taking home $23 million last year and Chelsea Clinton pocketing $65,000 for a 10-minute speech. So, I'll just say lots of people are pissed off. I'm pissed off. Not "envious". But when every last penny of future value in the country is continually being vacuumed up by these sons-of-bitches while millions of ordinary Americans are left scrambling for enough money just to survive, there's a problem. It's wrong. They (bankers) borrow from the Fed at 1.5% and loan it out to the rest of us at 8%, 10%, 15%, 20%.
Avalon Sparks
(2,565 posts)Hmmmmm, they might understand government officials and their close family members accepting suitcases full of money, you know the way bribes are facilitated in "corrupt" countries.
Here in the US it goes down so much easier for some folks if the bribes are framed as "speaking fees". See? They sing for their supper?, nothing to see here.
A bribe by any other name is still a bribe.
If the Clinton dynamic duo secures the US Presidency, their investors will be lining up around the block to collect on their "investments". I imagine some of them have been waiting for years for their bets to pay out.
Such is the way of corruption.
Fun tip: Bribes or other items of value (I.e invitation to speak for cash) are often funneled through close family members (generally spouse and children) of governmental officials. It's a common method of paying for influence in corrupt countries all over the world.
cheapdate
(3,811 posts)It practically requires nothing short of a of a bundle of cash changing hands and a tape recording of a public official explicitly saying that 'I will do X in exchange for this bundle of cash.'
The remedy for corruption, which is a betrayal of public trust, is supposed to be regular, free and fair, elections.
But the whole process has become dysfunctional and corrupted from top to bottom.
Avalon Sparks
(2,565 posts)It still is what it is, no?
Whether it's "illegal" or not is relevant to me.
A corrupt government is always most devastating to its weakest citizens.
Many Americans understand that on some level I think, but because they're doing ok, fairly comfortable, they don't think the corruption will impact them.
Sadly in need of some history lessons.
The Velveteen Ocelot
(115,674 posts)like Gloria Steinem and Cokie Roberts - women who have actually done something. What has Chelsea actually done besides come up a winner in the Lucky Gamete Club?
Politicalboi
(15,189 posts)Riding coattails is what they do best. Although, those coattails aren't what they used to be. The Clinton's might want to think about moving to a country where they can't expedite you for your crimes.
The Velveteen Ocelot
(115,674 posts)Enrique
(27,461 posts)or maybe not
azmom
(5,208 posts)enough
(13,256 posts)noretreatnosurrender
(1,890 posts)Ugh. This just makes me sick.
petronius
(26,602 posts)(Although lecturers are grossly underpaid.) Pretty close to the annual starting pay of a tenure-track professor. Hope it was worth it to them...
DetroitSocialist83
(169 posts)She doesn't care about money?
longship
(40,416 posts)You flap your gums, you get paid. Big time.
After all, you're a Clinton and it's your turn.
What a disgusting family.
felix_numinous
(5,198 posts)it's the job of American people to pop that bubble periodically to equalize the pressure, and power.
CentralCoaster
(1,163 posts)Charge people who don't have money to spend, and THEN give that to super rich people who don't need it!
I LOVE America!
Land of Enchantment
(1,217 posts)and was not living in her parents' basement paying off student loans and working at Starbucks....like so many of our friends' kids..Funny how opportunity just presented itself!!!
http://www.nbcnews.com/id/15549672/ns/business-us_business/t/chelsea-clinton-joins-new-york-hedge-fund/
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.
Avenue which focuses on distressed securities investing was co-founded by Marc Lasry. Morgan Stanley this week bought a minority stake in Avenue.
RedCappedBandit
(5,514 posts)Snotcicles
(9,089 posts)LonePirate
(13,417 posts)There is absolutely no one in this thread who would refuse $65K for a brief speech. Why should Chelsea refuse it?
Fumesucker
(45,851 posts)LonePirate
(13,417 posts)They are certainly not going to find very many speakers with her life experience.
nadinbrzezinski
(154,021 posts)and go into major debt over a medical emergency... this actually is not pettiness, is realization that there is a class struggle. Yes, even Americans are getting radicalized. It is a slow process. By the way, I would not complaint if she got paid a reasonable rate. More than the median income for 10 minutes is not a reasonable rate.
It is part of the defend the rich mentality that has gotten us as a country into all kinds of trouble. And sooner or later people will lash out.
LonePirate
(13,417 posts)Colleges go to all sorts of trouble and expense to hire speakers for spring graduation ceremonies. Like it or not, there is intense competition between schools and a high profile speaker is often a public relations moment - which is why they don't typically hire no names or unconnected people to speak. It's a time of celebration for the graduates and the school and some schools spend lavishly for that moment in the spotlight and to make the day as memorable as possible for attendees.
Also, what you consider a reasonable rate is apparently far from the market rate or what the college considers reasonable. And this speaking fee has absolutely nothing to do with medical debt or rent. She could speak for free and people will still have problems paying rent or medical bills. Again, it's all pettiness, jealously and probably also resentment directed at Chelsea because her mother has been vilified here on DU and sites like FR where some DUers go to post when they are not here.
nadinbrzezinski
(154,021 posts)you are missing that on purpose, but that is not surprising. Trust me, the rich could care less what happens to LonePirate, If you live or die is no matter to them. It is time to stop defending these rentier class practices. You might want to look that reference up by the way.
LonePirate
(13,417 posts)You simply have it in your head what you think is reasonable. Your opinion obviously differs from the college. The key difference here is that they are paying it. If you want to hire a speaker for what you consider a reasonable fee, then have at it. This is nothing more than a job negotiated between an employer and an employee. Neither of us are involved in that transaction so we can either accept it (like I have) or we can complain about it being unfair for whatever reason (like you have).
nadinbrzezinski
(154,021 posts)she got paid for ten minutes what some of those kids owe, and will have a hell of a time paying back.
As I said, you keep defending those rentier practices.
LonePirate
(13,417 posts)Your social justice clamoring will have absolutely no impact on this matter. If it makes you sleep well at night thinking your wordsmithing on an internet forum makes any difference at all in something so completely trivial and irrelevant as this speaking engagement, then have at it. Personally, there are far better targets for your time but railing against anything Clinton is de rigeuer for almost ever Bernie voter but me here on DU. I bet if someone with a last name other than Clinton had accepted this speaking gig, neither you or anyone else on DU would be saying one peep about it. Or do you have dozens of other posts complaining about exorbitant speaking fees handed out by universities this year? I didn't think so.
nadinbrzezinski
(154,021 posts)and develop a class consciousness.
/revision/latest?cb=20071116134208
What ultimately you are defending is income inequality and wealth concentration. Your post sounds kind of let them eat cake. It used to be surprising to find these sentiments, but these days they are not surprising at all. They are almost expected.
Keep defending those rentier practices. I have my ear close to the ground and shit like this will not play well in many places you are probably not familiar with.
LonePirate
(13,417 posts)Would you have preferred some multi-millionaire athlete or movie star or CEO be paid to speak instead of Chelsea Clinton? Those are the types of people hired for these gigs. They do not hire people nobody has ever heard of. They do not pluck some mail carrier or elementary school teacher or retired factory worker to speak at these events. Your worker uprising spiel will never, ever change the hiring practices for college commencement speaking jobs. The best you can hope for is some temporary sensation like Chesley Sullenberger who emerges from nowhere to capture America's attention briefly. If you think otherwise, you are completely detached from reality - a reality no revolution will change.
nadinbrzezinski
(154,021 posts)but if you think this shit will not lead to social unrest sooner or later, you lack understanding and knowledge of history. I could get rude, I shan't. You keep defending that concentration. Realize though, that you do not even do it well.
LonePirate
(13,417 posts)The whole notion is completely absurd and anyone with a lick of common sense would understand how completely unrelated the job and your social unrest yammering are. If there is any major social unrest in this country's near future (which I highly doubt there is), the fees paid for speaking at a college graduation will not appear on the top 100 concerns of any of the uprisers. How can you be so oblivious to this given how you say you have your ear to the ground?
Avalon Sparks
(2,565 posts)Maybe you'd understand government officials and their close family members accepting suitcases full of money, you know the way bribes are facilitated in "corrupt" countries.
Here in the US it goes down so much easier for some folks if the bribes are framed as "speaking fees". See? They sing for their supper?, nothing to see here.
A bribe by any other name is still a bribe.
If the Clinton dynamic duo secures the US Presidency, their investors will be lining up around the block to collect on their "investments". I imagine some of them have been waiting for years for their bets to pay out.
Such is the way of corruption.
Fun tip: Bribes or other items of value (I.e invitation to speak for cash) are often funneled through close family members (generally spouse and children) of governmental officials. It's a common method of paying for influence in corrupt countries all over the world.
LonePirate
(13,417 posts)You think this qualifies as a bribe? You really need to take off the tin foil hat and start looking at things from a realistic perspective. To claim this speaking fee is a bribe is the pinnacle of stupidity here on DU tonight.
Avalon Sparks
(2,565 posts)Often, Granting favors or other items of value to relatives of a public official is a form of illegitimate private gain, so yes I would infer it is likely passive bribery.
Their net worth is actually 150 million, the majority of it bribes.
No need to wear a tin foil hat, my career requires me to be an expert at finding corruption and protecting the non-USA company I work for from violating the Foreign Corrupt Practice Act.
Of course, it's mainly relevant to bribes extended to Foreign Government Officials, not so much to US ones, as the US accepts legalized bribery. An oxymoron yes, but by keeping it "transparent" under the guise of "speaking fees", a ruse by the way that you and some others readily accept and even condone, well there's no need for money laundering. Ka Ching, straight to the Clinton checking account, nice and clean.
I've been studying corruption and bribery for years, and as such it's fairly easy to recognize when you see it.
The Clintons have made their fortune accepting influence money, the IOU's are coming due soon enough I expect.
Such is the way of corruption.
nadinbrzezinski
(154,021 posts)Do not accept corruption exists in the US. To the south we know better. It was even a presidential slogan. Rough
Translation, we are all responsible for corruption. It just happens at different levels, and it is only getting worst
enough
(13,256 posts)LonePirate
(13,417 posts)Should she donate the speaking fee? She probably will. If not, that's her business, not ours. Again, I doubt any DUer would turn down the speaking fee so why should Chelsea?
SoLeftIAmRight
(4,883 posts)wow - this is the world you want?
LonePirate
(13,417 posts)needing government approval? That is the world we all should want.
SoLeftIAmRight
(4,883 posts)...
LonePirate
(13,417 posts)Last edited Thu Apr 7, 2016, 04:54 PM - Edit history (1)
Jealousy and an obvious lack of understanding of this special event market permeate this thread. Partisan hatred directed at anything Clinton also motivates many of the posts here.
SoLeftIAmRight
(4,883 posts)lol
Aerows
(39,961 posts)to warrant 65 cents?
Impedimentus
(898 posts)Golden apples everywhere for them Clintons.
FEEL THE BERN - 2016
nichomachus
(12,754 posts)"From Trust Fund to Hedge Fund -- How My Dead-Broke Parents Paid For My $5,000,000 Wedding."
Hassin Bin Sober
(26,325 posts)4139
(1,893 posts)speaktruthtopower
(800 posts)there is no need for free tuition or student debt relief.
democrattotheend
(11,605 posts)It's one thing to attack Hillary, the presidential candidate, for giving expensive speeches to groups that hired her knowing or speculating she was going to run for president. Chelsea is not running for anything, so who cares how much she gets paid?
Fumesucker
(45,851 posts)Indeed Chelsea came out and lied about Sanders' health care proposal, that didn't endear her to quite a few of us.
democrattotheend
(11,605 posts)Fumesucker
(45,851 posts)Vast sums for some while others lack basic necessities.
The other candidate's daughter just made above a median American's yearly wage for saying a few words no one will remember an hour later. Combine that with Chelsea's comment about "not caring about money" and it seems remarkably clueless as to how it would be perceived.
oldandhappy
(6,719 posts)Pretty common for kids to follow their parents.
jillan
(39,451 posts)insurance analyst. One child was raised to fight for disability rights, the other was raised to marry a hedge fund manager and collect
65k for a speech. In both cases - the apple doesn't fall far from the tree.
?quality=65&strip=all&strip=all
JackRiddler
(24,979 posts)Who's the one with the beard?
Ha ha ha.
(Like many to his left - and who abhor the longstanding U.S. imperialism and the neoliberal order - I have my problems with Obama, but damn, that charisma!!!)
jillan
(39,451 posts)msanthrope
(37,549 posts)was put on the Burlington College payroll offering a woodworking degree once her mother was running the college...... if you Google it you can see how many hundreds of thousands she was paid.
That woodworking degree program was dropped after Jane Sanders was terminated.
lumberjack_jeff
(33,224 posts)DisgustipatedinCA
(12,530 posts)Just take Clinton family speaking fees, and you've got a good start.
jillan
(39,451 posts)jg10003
(976 posts)Bread and Circus
(9,454 posts)Really.
moondust
(19,972 posts)Newkularblue
(130 posts)Is that some people just dont understand how fucking WRONG this is..
Thats more than 2.5 people working full time for $12/hr could make in a year..
Or, if you like. One person working over 2.5 YEARS
hobbit709
(41,694 posts)Response to JackRiddler (Original post)
Name removed Message auto-removed
frylock
(34,825 posts)islandmkl
(5,275 posts)Clinton speech-making money machine...what does she have to say?...at $6500/minute?
or just want to play the adversarial card and defend the amount as being merely a standard fee in the speech-making market while ignoring any question about the 'worth' of the speech...
the disconnect is obvious...and probably intentional...
surprised, well not really, that there are so many on DU who are of the 'let them eat cake' mindset...i wish they would just post 'LTEC' and quit using their limited imagination in trying to justify certain inequities in our system as being 'the way it is...' and that it is totally fine and that anyone who doesn't actually get any cake is just envious, etc....
the guillotine was not erected by the 'little people' in France...however, at one point some elites found themselves in the cart on the way to the block...
Bread and Circus
(9,454 posts)I don't know what is.
senz
(11,945 posts)Maybe she and her parents could publish a volume of their collected speeches.
jfern
(5,204 posts)It's pretty clear the only thing special about her is she's another way to get access to her parents.
Response to jfern (Reply #89)
cyberpj This message was self-deleted by its author.
B Calm
(28,762 posts)Vinca
(50,266 posts)Wonder why college costs so much?
Betty Karlson
(7,231 posts)By the way, when are those Goldman Sachs transcripts to be made available to the public?
Dem2
(8,168 posts)Anybody who complains is just jealous, that's for sure.
Tierra_y_Libertad
(50,414 posts)FlatBaroque
(3,160 posts)She is training to be as horrid a person as her mother.
AgerolanAmerican
(1,000 posts)Didn't Clinton take a quarter million for a single speech at a public university while the student body was in the midst of protesting yet another massive tuition hike?
Lil Missy
(17,865 posts)Renew Deal
(81,855 posts)Avalux
(35,015 posts)Hillary Clinton insists she isnt well-off and now daughter Chelsea, according to a recent interview, claims she couldn't care less about money.
I was curious if I could care about (money) on some fundamental level, and I couldnt, she told Fast Company in an interview that ran in the magazine's May edition, explaining why she gave up lucrative gigs to join her familys philanthropic foundation.
http://www.nydailynews.com/news/politics/chelsea-clinton-care-money-article-1.1840138
Art_from_Ark
(27,247 posts)So which Beatles song is it?
99Forever
(14,524 posts)Sunlei
(22,651 posts)amborin
(16,631 posts)Prism
(5,815 posts)And I don't mean that to be disparaging. I honestly haven't seen any video of her where I've thought, "Oh, she totally knows what she's talking about."
I know people will want to chime in with, "But Stanford!" I'm not denying she's an intelligent woman. I'm just saying . . . she doesn't seem to know anything. People can simultaneously be very bright and woefully ignorant.
JackRiddler
(24,979 posts)Just kidding. Not really.
I wish the threads I post about how people should ignore nonsense and just push ISSUES because then Sanders will win big would get as much attention as this one.
Not that it's not substantive in a way - absolutely indicative of the problems we are fighting. The money power versus the people power!
Buns_of_Fire
(17,174 posts)"Today, I'd like to speak to you about the importance of voting." (More applause, standing ovation)
"It's critically important that people in a democratic society vote, to KEEP it a democratic society." (Screams from the balcony, people swooning, chants of "Chelsea! Chelsea!"
"And I'd like to recommend that you vote for... MY MOTHER!" (The crowd goes wild, stamping their feet, throwing chairs, rending their garments, spontaneously marching around the auditorium)
"I see my ten minutes are up. Thank you for your attention." (Leaves stage, visibly exhausted)