(From The New York Post)
Bill Clinton’s speaking fees skyrocketed just days after Hillary’s nomination as secretary of state in 2009. Corporations, such as TD Bank, that had never paid a dime to hear him speak suddenly bellied up to the bar, waving fistfuls of cash. Coincidentally, TD Bank was the largest investor in the Keystone XL pipeline, which needed approval from the new secretary of state. Hillary dodged and weaved and Obama later nixed it, — but the Clintons kept the cash. It makes sense to make friends with the woman who might just be the next president. But what does that say about what the office has become?
As Obama has shown, there’s now essentially no limit on the president’s power: He can dictate overtime wages (via executive decree), the forcible integration of the suburbs (via HUD) and even sexually integrate bathrooms (under Title IX). No wonder private companies want to cozy up to the White House. Your business is now the president’s business, if he or she wants it to be.
ACC is a completely non-partisan organization. We do not support/endorse or oppose any candidate for office. We believe that both major parties are heavily influenced by special interests and will report on crony capitalism wherever and whenever we see it.