Considering that I am not a friend of the Clinton family, and I wont be at the big wedding that seems to flood the news channels as of late, I wanted to address some things that I have read.
Now I know that Bill Clinton had some allegations with regards to some real estate deals that turned out to be not so much on the level, but this guy his daughter is about to marry seems to have a questionable past.
Apparently the person Chelsea Clinton is going to marry on Saturday is Marc Mezvinsky, a former investment banker for Goldman Sacs and currently working for a firm by the name of G3 Capital, a big NYC hedge fund company.
Mr. Mezcinsky's dad Edward Mezwinsky apparently served some time in prison for being involved in a series of business transactions that ultimately led to his downfall. Prosecutors later would call him a one-man crime wave.[1] In 2000, after examining his business deals since 1980, prosecutors said that they uncovered elements of fraud in nearly every one.[1]
In March 2001, Mezvinsky was indicted and later pleaded guilty to 31 of 69 charges of bank fraud, mail fraud, and wire fraud.[4] Nearly $10 million was involved in the crimes. Shortly after his indictment, he was diagnosed with bipolar disorder, but the judge at his trial disallowed a mental illnessdefense.[1] Mezvinsky was released from federal prison on April 11, 2008.
Now it would seem to me that the Clintons like most all other parents, would be a little concerned about some of these revelations. The ties to Goldman Sacs, and the history of the son-in-law to be's father is somewhat disturbing to me because there is a good chance these two will seek out careers in public service.
Is it just me, or does this sound like stuff that insider trading was made of?
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What is to give light must endure burning -- Viktor Frankl
$750,000 for catering, according to Brides magazine deputy editor Sally Kilbridge $11,000 for the cake, which is reportedly gluten-free $250,000 worth of jewelry for the bride $109,000 for the tables and crockery for around 400 to 500 invitees $600,000 in air-conditioned tents, complete with glass walls $200,000 in extra security, paid for by the Clintons $15,000 in high-class toilets, according to online gossip site TMZ $500,000 in flowers arranged by Jeff Leatham, whos worked with Madonna and other celebrities Wine as a party favor from Clinton Vineyards (which has no relation to the presidential family) A Federal Aviation Administration-enforced no-fly zone from 3 p.m. Saturday to 3:30 a.m. Sunday over Rhinebeck, the small New York town that includes Astor Courts, a picturesque mansion thats hosting the event and overlooks the Hudson River.
Now when we compare the wedding that once President Bush threw for his daughter in Crawford Texas (On his ranch) the tally was but a mere $100,000 TOTAL!
Let's see $100,000 vs $5,000,000. I am not math expert, but it seems to me this thing is bound to indebt some influential people that will end up sticking it to the people in order to pay it down.
Gee PowerStroker, as it turns out there seems to be very little about Chelsea herself, and a lot more about the people that surround her. Let us hope she stays out of public office, or at least decides to join the GOP.
Sounds like the Clinton family is engaging in some serious commerce there... I thought your side was all about commerce? So what exactly is your problem?
Hey there is nothing wrong with spending money. And congratulations to the bride and groom.
You don't think over-spending in what is considered hard times for many Middle and Lower class people is somewhat of a slap in the face to them? Here we have elected officials throwing a $3-5 million dollar wedding in the wake of a double dip recession?
It would be one thing if the country was doing great and people were overall happy with the current economic situation our elected officials have created, but come on? There is a reason they wanted to keep everything hush-hush.
Perhaps they felt that spending that much on a wedding would make it "Too big to fail". Who knows.
Am I jealous I can't spend $3-5 Million? Hell yeah! Why is it wall street gets bailed out, people in public office are making millions and yet the rest of the country is in such economic shambles? Maybe there is something about seeing people who made a living in public office spending money like drunken saliors while the rest of the nation just took it in the ass.
Can you write off a wedding at the end of the year? Because honestly I think they would have been better of buying them a home, or doing something more constructive with the money.
Will we be the ones to pay? You Betcha!
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What is to give light must endure burning -- Viktor Frankl
We won't be paying for it. Bill Clinton has earned more than $100 Million on the lecture circuit after leaving office. I'm glad he's using some to stimulate the economy.
We won't be paying for it. Bill Clinton has earned more than $100 Million on the lecture circuit after leaving office. I'm glad he's using some to stimulate the economy.
I often times wondered how a guy who was impeached for perjury and obstruction of justice could gather such a crowd. He didn't leave office PowerStroker, he was IMPEACHED! Course he did get the Senate to acquit him of the charges, but it never did change the facts.
I got better things to do than argue about a legacy of a once was President but it appears that apples don't fall far from the tree. Nice to see that Clinton's son in law is versed in the ropes of his trade.
Have you ever played connect the dots without the numbers before PowerStroker? Read this thread 3-4 times and see if you can connect the dots. Then you will understand what I mean by "Will we end up being the ones that pay?". Clearly the $3-5 million the Clinton's spent on the wedding is the least of my worries.
The $14 Trillion dollar question is, "Do people change"? I'd like to think so.
-- Edited by SELLC on Monday 2nd of August 2010 05:40:45 PM
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What is to give light must endure burning -- Viktor Frankl
I think because after November the Republicans are going to put an end to the wreckless spending and flawed bills the Democrats have been responsible for the past two years.
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What is to give light must endure burning -- Viktor Frankl
Yeah I did see your chart... It left bush at $574 Billion dollars.
Now I think we all know there is a BIG diffrence between $547 BILLION and $14 TRILLION.
That 547 Billion was just for 2006. You need to add the totals for EVERY year he was in office to get a clearer picture... Also you need to add a good chunk of the money being spent under the Obama administration to the Bush total because it's not Obama's policies that got us in to 2 wars without paying for them. It's not Obama's policies that gave a massive tax cut for the rich without paying for it. These things are still in effect even though we have a new administration. Obama can't just pull the plug on these things immediately. You should pro-rate much of the Obama totals and add it to the bush debt - which happens to be closer to 8 Trillion dollars when you figure it the way I suggest. Granted Obama is adding to the debt too, but not nearly as bad as Bush did.
Yeah I did see your chart... It left bush at $574 Billion dollars.
Now I think we all know there is a BIG diffrence between $547 BILLION and $14 TRILLION.
Also you need to add a good chunk of the money being spent under the Obama administration to the Bush total because it's not Obama's policies that got us in to 2 wars without paying for them. It's not Obama's policies that gave a massive tax cut for the rich without paying for it. These things are still in effect even though we have a new administration. Obama can't just pull the plug on these things immediately. You should pro-rate much of the Obama totals and add it to the bush debt - which happens to be closer to 8 Trillion dollars when you figure it the way I suggest. Granted Obama is adding to the debt too, but not nearly as bad as Bush did.
Which part am I wrong about? I'm always interested in looking at objective facts that contradict anything I'm saying.
The math is very simple. Out national debt was around 5 Trillion when Clinton left office, and was 13 Trillion when Obama took office. What the fuck happened between those 2 presidents?
-- Edited by PowerStroker on Monday 9th of August 2010 07:12:05 PM
The Federal Government's flood of red ink hit another high-water mark as the Treasury Department quietly reported today that the National Debt hit $11-trillion for the first time ever.
To be exact, the Debt now stands at $11,033,157,578,669.78. Divide it by the U.S. population and it comes up to over $36,000 in debt for every man, woman and child among us.
And the government is running up mountains of debt with increasing speed. It took just over 5 ? months for Uncle Sam to go another trillion dollars deeper in debt since hitting $10-trillion last September 30th. It's the fastest jump in U.S. history.
The hundreds of billions of dollars being spent as part of the federal bailout of the financial markets is a leading factor in the rapid increase. Over $400-billion in debt has been accrued in the 57 days since President Obama took office.
And the federal budget he unveiled last month projects even faster increases in the National Debt. It'll hit $12.7-trillion by the end of the fiscal year on September 30th. The Administration's four year estimate shows that by the end of September 2012, the Debt will have soared to $16.2-trillion which amounts to nearly 100% of the projected Gross Domestic Product that year.
The U.S. is running up so much debt so quickly, some investors are worried. Over the weekend, Chinese Premier Wen Jiabao, who says his country has about a trillion dollars invested in U.S. Treasury notes, said he wanted a guarantee.
President Obama said Wen's got nothing to worry about.
"Not just the Chinese government, but every investor, can have absolute confidence in the soundness of investments in the United States," he said on Saturday.
That's because the U.S. government's power to tax stands behind all of its debt. If Uncle Sam ever needs a bailout, then as now, taxpayers get nailed.
It took the U.S. government 191 years from 1791 until 1982 to run up its first trillion dollars in debt. The second and third trillions got on the scoreboard much more quickly each in just four years.
By the time George W. Bush was inaugurated in 2001, the National Debt stood at $5.7-trillion. He ran up more debt faster than nearly all of his predecessors combined: just under $4.9-trillion.
The National Debt stood at $10.6-trillon on the day Barack Obama took office. But if his budget projections are accurate, he'll run up nearly as much government debt in four years as President Bush did in eight.
So SMART ASS, if the national debt stood at 5.7 Trillion when Bush took office and 10.6 Trillion the day Obama entered office, and its now at almost 14 Trillion. It's safe to say you are FULL OF SHIT. Please explain to me how in the fuck you get off talking such BULLSHIT? Please remember this is not including his heathcare bullshit that will hit the books soon, thanks to our Dumbocrats.
PowerStroker, you care to explain that with some more Dumbocrat smoke and mirrors? Bush had a REAL WAR going in Iraq, one that ended with a completed mission. I can not say the same for Obama's efforts Afghanistan.
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What is to give light must endure burning -- Viktor Frankl
I'm projecting the estimated totals for the wars that haven't stopped racking up costs, and wont untill all of it's veterans die of old age. Most of those veteran's bennefits for the next 60 years should be added to the Bush column don't you think?
Get the fuck out of here! I just love how the Democrats want to change up the rules when exposed.
You better think long and hard before you cast your vote in two years buddy, cuz the shit your talking does not fit well on you. I honestly thought more of you than what I have seen latley, at least on a political level.
Perhaps you should pop into the Ford Truck Forum sometime, I left a little bomb in there for you.
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What is to give light must endure burning -- Viktor Frankl
By the time George W. Bush was inaugurated in 2001, the National Debt stood at $5.7-trillion. He ran up more debt faster than nearly all of his predecessors combined: just under $4.9-trillion.
Fine, we'll just use your numbers for the sake of argument^^^^
You don't seem to have any problem with this, but when Obama does it you get all bent out of shape, why?
Bush had two wars going, plus the dot com bubble popped and it took him 8 YEARS to spend what Obama has almost spent in just two short years! Let us not forget the huge amount of money his heathcare plan will add! There is no wonder they are holding off on funding that puppy until after his re-running! Am I the only person that can read between the lines?
PowerStroker, if people don't have jobs to buy insurance, and they dont have jobs to pay the fine, will they still have insurance? NO!
Please I am begging you to show me something I have not seen, because the only thing I see Obama doing is running the country into the ground! On purpose even!
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What is to give light must endure burning -- Viktor Frankl
Bush can't use the wars as an excuse to rack up debt - he started them, and could have found a way to pay for them if he wanted to... But NOOOOOOOOOOOOO, that would cause millionares to pay a little more, and they already have it so rough.
Obama's helthcare plan is actually budgeted for and will have paid for itself within 8 years, after which it saves us tons of money in the long run.
Seems to me Republicans like to borrow and spend, Democrats like to tax and spend. Now you tell me which is more sustainable and cheaper in the long run when you factor in interest.
I'd be inclined to buy that PowerStroker, if you could please show me where in history any President was able to goto war without increasing the debt I'll consider rethinking my possition.
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What is to give light must endure burning -- Viktor Frankl
Actually I give Daddy Bush great credit for how he handled his war in Iraq... It was fast, decisive, had a very small loss of American life, and it was incredibly cheap.
The cost of that war in terms of American lives was 294
The cost of that war in terms of Tax dollars was 61 Billion
Wham Bam Thank You Mam, that's how you do it. Why you defend his son's misadventures there is beyond me.