Welcome login | signup
Language en es fr
OccupyForum

Forum Post: This is exactly what you should be upset with...total hypocrisy on both sides

Posted 13 years ago on Oct. 18, 2011, 11:47 a.m. EST by upnorthguy (1)
This content is user submitted and not an official statement

Did anybody notice how much Chelsea Clinton received from IAC Corporation for accepting her new board position? This is the problem.

She will get $300,000 in value every year for as long as she plays the game. See below for the details from IAC's corporate filings. It is a joke that person with no business experience and is age 31 would be compensated at this level...

...and Bill Clinton's comments on his general support for the "movement" are total hypocrisy in light of his daughter's current involvement in this ridiculous corporate/political kickback scheme. Of course he wants people to be "for something" not "against something". If people really figured out what to be against, it would circle back to him and to others that "generally support" the movement. It is obvious that he as well as other politicians on the other side of the spectrum are in on it.


From his David Letterman appearance: The former president was generally very supportive of the movement, however he did not seem entirely impressed with the specific message currently coming from the protestors, summing up by saying “you need to be for something, not just against something,”


From IAC Corp's SEC DEF April 2011 DEF 14A filing on board member compensation:

Non-Employee Director Compensation Arrangements. Arrangements in effect during 2010 provide that: (i) each member of the Board receive an annual retainer in the amount of $50,000, (ii) each member of the Audit and Compensation and Human Resources Committees (including their respective Chairpersons) receive an additional annual retainer in the amount of $10,000 and $5,000, respectively, and (iii) the Chairpersons of each of the Audit and Compensation and Human Resources Committees receive an additional annual chairperson retainer in the amount of $20,000, with all amounts being paid quarterly, in arrears.

    In addition, these arrangements also provide that each non-employee director receive a grant of IAC RSUs with a dollar value of $250,000 upon his or her initial election to the Board and annually thereafter upon re-election on the date of IAC's annual meeting of stockholders, the terms of which provide for: (i) vesting in three equal annual installments commencing on the first anniversary of the grant date, (ii) cancellation and forfeiture of unvested units in their entirety upon termination of Board service and (iii) full acceleration of vesting upon a change in control of IAC. The Company also reimburses non-employee directors for all reasonable expenses incurred in connection with attendance at IAC Board and Board Committee meetings.

8 Comments

8 Comments


Read the Rules
[-] 5 points by gnomunny (6819) from St Louis, MO 12 years ago

What a gig, huh? Sounds like she has a little experience and schooling, though ( http://www.eduinreview.com/blog/2010/07/chelsea-clintons-education-background/ ). Whether that qualifies her for this job is probably debatable, but at least it's only an internet entertainment company. Could be worse.

BTW, fuck Bill Clinton and his "endorsement" of OWS. That crooked lying sack-of-shit no more endorses OWS than Bloomberg, regardless of what his mouth spews out.

[-] 3 points by JadedGem (895) 12 years ago

NAFTA anyone?

[-] 1 points by gnomunny (6819) from St Louis, MO 12 years ago

How soon they forget. Whitewater should have been a clue that he and his wife were crooks. But wait, that very quality probably helped get them into office. What a system!

[-] 2 points by JadedGem (895) 12 years ago

EXACTLY! He just wants OWS to say they plan to string them up so they can blow the hell out of them. lol He doesn't give a flying rip what OWS plans to do unless they plan to clean out his bank account. He was so bought off it hurt to watch, Hilary is more of the same. The last time I saw her she and Obama were talking about how vital lobbyist are in Washington.... Please.

[-] 1 points by gnomunny (6819) from St Louis, MO 12 years ago

There's so much about the Clinton's that most people know nothing about; murders, his connection to Barry Seal and that whole fiasco, the list is long. And Hillary? She's just a downright evil bitch. Expect to see Chelsea, who's married to an investment banker by the way (go figure), trot off on her own little political aspirations when she grows up. Of that there is little doubt.

I'm having a vision. I see little Chelsea all grown up, becoming the third Clinton president, following in her mommy's footsteps. Whew! That sent a chill up my spine. Now where did I put my cyanide?

[-] 1 points by JadedGem (895) 12 years ago

The Clinton's are slime. Obama too, I knew when he asked Hillery on. I warned black people that Obama was just GREEN in the sense that was the only color that matters politically. Its sad, you overcome racism to find the whites have a system of classism firmly in place and there is the beautiful Oligarchy. So much for America not having Royals. Where did I put that list of family names connected to the Federal Reserve Bank? Wonder if that site still exists??? It never fails to amuse to me when someone cares what the Bushes, Clintons, or Obamas have to say. I think if they are gonna loose any sleep at all it is over not knowing exactly what OWS will turn into.

[-] 1 points by gnomunny (6819) from St Louis, MO 12 years ago

I'd like to see that list of names, although the picture is probably bigger than that. Consider, one doesn't need the Rothschild surname to be a Rothschild. And as for American royalty, well, I never have, and never will, believe that the elite would ever give the unclean masses the power to choose them. That's an awesome power. Besides, they don't think we're smart enough to make good decisions. Call me a cynic.

I hope they're losing a lot of sleep. That's one of the beauties of OWS, it can't be quantified. I'll bet they hate that.

[-] 1 points by hchc (3297) from Tampa, FL 12 years ago

From his David Letterman appearance: The former president was generally very supportive of the movement, however he did not seem entirely impressed with the specific message currently coming from the protestors, summing up by saying “you need to be for something, not just against something,”

I dont think Clinton should could have said it any clearer.... A list of grievances is not a statement of purpose.

[Removed]