Maybe Hillary Clinton isn’t George Costanza, after all. A new report from the National Journal’s Ron Fournier notes that while Clinton will obviously agree with President Obama’s policies given her poor political track record and inability to articulate sensible policies on her own, she will also seek to distance herself from the president by denigrating …
THE POLITICO reports that President Obama, during his State of the Union address on Tuesday, gave shout outs to a number of American companies in an effort to highlight the strength of the U.S. economy. Nearly all of those companies, it turns out, are big political spenders and have contributed heavily to Democrats.
Hillary Clinton is George Costanza. She had so much promise. She’s rich. She always knows when someone is uncomfortable at a fundraising gala. But it’s just not working. Every decision she’s ever made in her entire life has been wrong. She really wanted to be president in 2008. But because of her poor political skills and an opponent (Barack Obama) who embodied everything she was not, she failed, and was relegated to the edge of the national spotlight for eight years. It’s time to try the opposite.
Hillary Clinton hasn’t always agreed with President Obama on taxes. In 2008, she thought his proposal to hike capital gains taxes “for purposes of fairness,” something the president will bring up again in tonight’s State of the Union address, was a bad idea.
Generally speaking, the tax hike proposals Obama plans to announce put Hillary is a tough position because they target some of her closest friends and Wall Street donors. However, she has long agreed with Obama that the U.S. should have a hefty estate tax in place to ensure the country doesn’t become “dominated by inherited wealth.”
But Hillary and her husband Bill are less fond of actually paying the taxes they want everyone else to pay. As Bloomberg reported last year, the Clintons take advantage of “one-percenter” loophole in the tax code to avoid paying their fair share in estate taxes:
As Hillary Clinton prepares to mount another bid for the White House (she tried and failed in 2008), she has taken great care to appear in touch with the concerns of average American voters.
On Wednesday, for example, Clinton will continue quest to become more relatable by speaking at an event hosted by the Canadian Imperial Bank of Commerce, a Toronto-based institution that has been the subject of multiple U.S. investigations into fraud and other financial transgressions, including helping the notorious Enron energy company to mislead investors.
In his State of the Union address tomorrow night, President Obama will unveil a new tax plan targeting some of Hillary Clinton’s closest friends and political donors (i.e., super-wealthy individuals and Wall Street banks like Citigroup).
A central component of Obama’s proposal is to raise the capital gains tax on top earners from 20 percent to 28 percent. It will be interesting to find out where Democratic presidential hopeful Hillary Clinton stands on this issue, given that it was her husband, Bill Clinton, who signed legislation cutting the top capital gains rate from 28 percent to 20 percent during his second term as president.
By all accounts, failed presidential candidate Hillary Clinton is gearing up to give it one more try. Many expect her to be a strong candidate to challenge Democratic frontrunner Joe Biden for the nomination. She has many strengths, including her considerable age, massive unearned fortune, close ties to Wall Street and the D.C. political establishment, ability to dodge bullets, ruthless lack of compassion for political enemies, and a laugh that is as natural as it is endearing.
Clinton has spent the vast majority of her life in politics, and has been photographed in public by professional photographers far more often than most commoners. The Free Beacon would like to honor Clinton’s decades long commitment to public service and personal enrichment with a multi-volume photo essay documenting some of the highlights of her political career. Enjoy!
Environmentalist billionaire Tom Steyer wanted to be a big player in the 2014 midterm election, but ended up spending tens of millions of dollars without much to show for it. Steyer was by far the biggest political donor of the cycle, contributing a whopping $74 million to Democratic candidates and outside groups in a futile effort to stop the GOP wave.
Steyer is currently thinking about running for Senate in California in the race to replace Barbara Boxer. He seems pretty serious about it, and has even commissioned a poll that found Steyer would be a “strong contender to win,” in part because people in California obsessed with the environment.
The 2016 Democratic presidential primary, assuming there is one, will be the first of its kind in nearly a decade. Unlike in 2012, Republican contenders won’t be the only ones squirming about on a debate stage as moderators ask questions designed to make them look ridiculous and encourage intra-party squabbling. Here are a few suggestions for questions for the 2016 Democratic field.