If you want to earn a lot of money to support your children, then you should run for political office. You will also ensure that they will be able to earn a lot of their own money by working for corporate boards while possessing no relevant skills.
As it turns out, that’s exactly what Bill and Hillary Clinton did for their daughter Chelsea. It was recently reported that Chelsea Clinton has made $9 million dollars while serving on the corporate board of IAC/InterActiveCorp, a media and internet investment company.
According to Barron’s, Clinton has made the $9 million since 2011. She receives an annual $50,000 retainer and $250,000 worth of restricted IAC stock units. She reported owning $8.95 million worth of IAC stock to the Securities and Exchange Commission at the end of December.
The Hill reported that Clinton earned an annual salary of $600,000 working as a special correspondent for NBC News in 2014 and part of 2014.
What a surprise. A die-hard Democrat working for a mainstream media organization. Never seen that happen before.
In 2017, Chelsea Clinton earned $250,000 on the board of Expedia Group. The Hill reported that both IAC and Expedia are controlled by Barry Diller, the business and television mogul, who is a friend of Hillary Clinton.
Of course he is a friend of Hillary. It perfectly explains how Chelsea managed to get the job. It must be nice having mommy and daddy to get you a job for which you have no pertinent experience.
But it’s not isolated to just the Clintons.
Hunter Biden is another obvious example. As you know by now, Hunter was named to the board of Ukrainian oil company Burisma Holdings. Burisma was under investigation by the Ukrainian Attorney General…that is until the prosecutor was fired. The investigation ended following then-Vice President Joe Biden’s threat to withhold vital military aid from Ukraine unless the prosecutor was fired.
President Trump has been impeached for simply asking the Ukrainian’s to investigate the prosecutor’s firing.
Hunter Biden’s career arc follows that of his father. Hunter benefitted from his daddy’s political office and has been doing so for a very long time.
In 2001, Hunter became a paid consultant of a Delaware bank while his father served on the Senate Banking Committee. Joe Biden was a vocal supporter of legislation that would benefit the bank, MBNA, which employed Hunter.
From 2001 to 2008, Hunter Biden worked as a Washington lobbyist. In 2013, while traveling to China on official business with Vice President Biden, Hunter introduced his father to a Chinese investor with whom he had recently concluded a business deal.
Then, in 2014, he landed the job with Burisma after Vice President Biden became the Obama administration’s lead representative to Ukraine following the 2014 Russian invasion of Crimea.
Joe Biden’s brother James also has a sketchy track record and went into business with Hunter on multiple occasions.
Politico reported, “In the 1970s, as Joe was entering the Senate and taking a seat on the Banking Committee, James obtained unusually generous loans from lenders who later faced federal regulatory issues. Joe Biden was in touch with two of those banks about his brother’s loans, once to scold a bank executive about invoking his name in attempts to collect on overdue payments…
In the 1990s, a group of Mississippi trial lawyers enlisted James to further its interests in Washington as it sought congressional support for a tobacco mega-settlement. A decade later, those Mississippi contacts supported Joe’s presidential bid — hosting a fundraiser…
During the Obama years, several months after James joined a construction firm as an executive, the firm received a contract worth more than a billion dollars to build houses in Iraq while Joe oversaw the U.S.-led occupation of that country.”
The Bidens and Clintons are corrupt as hell, and so are their kids. It’s a good life being the child of a politician. But we’re onto them now.
The question is, will we allow them to keep getting away with it?