The National Journal’s Ron Fournier’s latest piece is a simple round-up of the latest headlines associated with Hillary Rodham Clinton’s presidential campaign (which he refers to as “Self-Inflicted Wound Tour”)—a round-up that speaks volumes. The National Journal,
“Bill Clinton Company Shows Complexity of Family Finances“: The former president has a shell company. Exposed by the Associated Press, the “pass-through” is a legal arrangement that blows another hole in Hillary Clinton’s transparency claims and raises scores of new questions about how her family finances its vast personal/political/charitable empire.
“Clinton Foundation Donors Got Weapons Deals From Hillary Clinton’s State Department“: Yet another independent news outlet uncovered a “quid” (money) and a “quo” (arms deal). Yet again, Clinton loyalists will say there is no known link between the give and the get—no “favor for a favor,” or quid pro quo—and yet again, they miss the point. For all the good it has done, the Clinton Foundation is built on a foundation of conflicts, some of which violated White House ethics rules. Unless the Clintons return foreign donations, divorce themselves from the charity, and allow an independent review of relevant State Department email, the drip, drip, drip of these stories will become a deluge of mistrust…”
The Associated Press recently reported that “Bill Clinton has a limited liability corporation — called WJC, LLC — that serves as a ‘pass through’ entity designed to ‘channel payments to the former president.’” As the Washington Post puts it, “If you have no idea what the heck the sentence above means, you are not alone. And therein lies the problem for Hillary Clinton as she seeks to sell herself as the voice of everyday Americans in her bid for the White House in 2016.” WaPo,
President Obama’s campaign used the exoticness of Romney’s wealth — and how/where it was stored and maintained — to paint a picture of the Republican nominee as an out-of-touch plutocrat. (Romney helped make the case against him with the 47 percent comments.)
Hillary Clinton’s defenders will reject the comparison, insisting that Romney made his money through business practices that often preyed on the average person and backed policies that looked out for the wealthiest Americans first and foremost. Clinton, they argue, has made a career of consistently fighting for average Americans and her wealth is derived from paid speeches — not from, in the words of Rick Perry in the 2012 GOP primary, “vulture capitalism.”
But, whether or not she is Romney 2.0, the reality is that the amount of money coming into the Clinton coffers ($25 million from speaking fees alone since the start of 2014) coupled with this WJC, LLC — not to mention the regularly revised donor policies of the Clinton Foundation — badly complicates her pitch that she is able to understand regular folks.
According to a new study published by the Health Affairs blog, administrative costs for healthcare plans are “expected to explode by more than a quarter of a trillion dollars over the next decade.” The Hill,
The $270 billion in new costs, for both private insurance companies and government programs, will be “over and above what would have been expected had the law not been enacted,” one of the authors, David Himmelstein, wrote Wednesday.
Those costs will be particularly high this year, when overhead is expected to make up 45 percent of all federal spending related to the Affordable Care Act. By 2022, that ratio will decrease to about 20 percent of federal spending related to the law.
The study is based on data from both the government’s National Health Expenditure Projections and the Congressional Budget Office. Both authors are members of Physicians for a National Health Program, which advocates for a single-payer system.
The National Labor Relations Board (NLRB) “sanctioned the International Association of Machinists and Aerospace Workers District 70, Local 839, an AFL-CIO affiliate, (IAM), for using intimidation tactics against dissidents. The board’s regional director concluded the union had used threats of physical abuse and had attempted to get non-members fired from Spirit Aerosystems.” The Washington Free Beacon,
The union dismissed the charges in a statement following the April decision.
“We are aware of the decision and believe it was wrongly decided on the facts and the law,” District 70 Directing Business Representative Frank Molina said in a statement…
Molina said that the union would continue to fight the decision.
“We intend to appeal it to the NLRB and we are confident that the NLRB will reverse it,” Molina said in a statement.