“There’s something wrong when hedge fund managers pay lower tax rates than nurses or the truckers that I saw on I-80 as I was driving here over the last two days,” Hillary Clinton recently observed, while campaigning in full populist mode. “Something is wrong when CEOs earn more than 300 times than what the typical American worker earns and when hedge fund managers pay a lower tax rate than truck drivers or nurses,” she said.
Such talk earned the ire of one Leon Cooperman, founder of a hedge fund. The unapologetic billionaire complained to CNN that Mrs. Clinton “hangs out with all these people in Martha’s Vineyard and in the Hamptons and then the very first thing she has to say is to criticize hedge funds.”
On Friday, however, Mrs. Clinton journeys to scenic Greenwich, Connecticut for a fundraiser in the $29.7 million home of a hedge-fund heavyweight. Tickets start at $2,700. “Hedge-fund hater Hillary going to hedgie’s home for campaign cash,” summarized a New York Post headline.
“Hillary Clinton has penned yet another chapter in her autobiography of hypocrisy. While campaigning in Iowa, Hillary was primed to come after the hedge fund industry with a vengeance, but by the time she got to Greenwich, Connecticut her pitchfork and fiery rhetoric magically turned into an open wallet and a request for campaign cash,” declares Ian Prior, communications director for American Crossroads.
• Jennifer Harper can be reached at jharper@washingtontimes.com.
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