The billionaires start lining up behind Hillary Clinton

[lostinblue 1,989]

The billionaires start lining up behind Hillary Clinton

George Soros is on board. So are a bunch of other billionaires, many of whom are also denizens of Wall Street.

Why is it that so many of the 1% support so called “progressive” candidates? Why would they support those who seek to expand the footprint of government? Isn’t that against their interests?

That’s what many of these super donors are happy to have you think.

(From Bloomberg.com)

Billionaires Alice Walton,

George Soros

and

Marc Benioff

are helping to finance a super-political action committee encouraging former U.S. Secretary of State

Hillary Clinton

to run for president, according to a report filed yesterday with the

Federal Election Commission

.

Each gave $25,000 to Ready for Hillary PAC, organized a year ago to provide Clinton outside support if she chooses to seek the 2016 Democratic presidential nomination.

http://www.againstcronycapitalism.org/2014/02/the-billionaires-start-lining-up-behind-hillary-clinton/

India: Why Hillary stopped in West Bengal? FDI in retail

If you're wondering why US Secretary of State Hillary Clinton stopped in Kolkata before meeting with the Indian prime minister in New Delhi later this week, here's a heads up.

West Bengal chief minister Mamata Banerjee, whose Trinamool Congress is essential to the survival of Manmohan Singh's United Progressive Alliance government, was the main roadblock that stopped the Indian PM from implementing his decision to open up the so-called multibrand retail sector to foreign direct investment from companies like Walmart.

Doubtless, it was a wasted trip. Banerjee, known here as "Didi" (or big sister), is not known for succumbing to flattery or protocol when it comes to negotiations. It will take some serious money on the table to convince her to change her position. And her leftist, pro-farmer stance (ill-considered or not) makes her a dogged opponent of a reform that many here see as the thin end of the wedge for increased globalization of agriculture. (Proponents say that companies like Walmart would bring massive infrastructure investments, eliminating much of the waste in India's agricultural sector, and also create more jobs in the formal economy, where workers receive the benefits of the minimum wage law and other legal protections).

Late last year, Singh's cabinet approved a plan to allow FDI in multibrand retail, but resistance from Banerjee's Trinamool Congress, as well as the opposition BJP and other non-coalition parties, forced Singh to put the plan on hold.

http://www.globalpost.com/dispatches/globalpost-blogs/india/india-hillary-west-bengal

In six years as a member of the Wal-Mart board of directors, between 1986 and 1992, Hillary Clinton remained silent as the world's largest retailer waged a major campaign against labor unions seeking to represent store workers.

Clinton has been endorsed for president by more than a dozen unions, according to her campaign Web site, which omits any reference to her role at Wal-Mart in its detailed biography of her.

An ABC News analysis of the videotapes of at least four stockholder meetings where Clinton appeared shows she never once rose to defend the role of American labor unions.

The tapes, broadcast this morning on "Good Morning America," were provided to ABC News from the archives of Flagler Productions, a Lenexa, Kan., company hired by Wal-Mart to record its meetings and events.

A former board member told ABCNews.com that he had no recollection of Clinton defending unions during more than 20 board meetings held in private.

The tapes show Clinton in the role of a loyal company woman. "I'm always proud of Wal-Mart and what we do and the way we do it better than anybody else," she said at a June 1990 stockholders meeting.

Seems like she twists any way the wind blows...What a problem for people who support Unions ...

[Trumplestiltskin 5,791]

I'm sure there will be some billionaires left to support the republicans.

[Penny Lane 8,159]

I think you mean Killary Klinton.

Maybe we can find a middle name for her starting with K.

[Trumplestiltskin 5,791]

Kenyan?