Is Chelsea Clinton Hurting the Poor?
Jan 14, 2008 Political
Chelsea Clinton works for a hedge fund that was established by friends and supporters of her mother. It is not a stretch to say that the job was a gift to the Clinton family. I don’t begrudge the girl work but I have to ask if she is part of the problem that plagues this country right now?
Chelsea Clinton is taking time off from her job with Avenue Capital Group, a New York hedge fund, to promote the campaign of her mother, Sen. Hillary Clinton (D-N.Y.), for the Democratic presidential nomination. The Stanford Daily
John Edwards went after hedge funds and their tax structure but he was associated with one. Hedge funds have been blamed for fueling problems in the sub prime housing markets leading to record foreclosures. Is Chelsea, the daughter of the people’s champion, helping to cause the problems for those who cannot afford their houses?
Another question. Is Chelsea receiving her salary during this time off? If the company is paying her to go around and campaign for her mother, isn’t that a campaign contribution? Is it a violation of FEC rules?
Tags: chelsea, Clinton, fec, hedge funds