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Chicago billionaire Penny Pritzker failed to disclose at least $80 million in income from the past ten years on forms submitted for her nomination as Commerce secretary. The original version of the documents submitted last week reported that she had earned about $32.2 million for consulting on her family’s trusts, but new filings, released on Tuesday, reveal that she received at least $80 million on top of that previously reported income, according to Bloomberg.
Obama
Interesting slant to the news, but expected considering the lean ya'll have.
First her under reporting her earnings for consultant work, this wasn't discovered by the Investigators nor the Press but her OWN financial advisers and was immediately reported. So she told on herself. Now to put what 80 million means to her compared to her net worth.... 5%. or 1/2 of 1% for each year she earned it.
Next the offshore trust fund. Unlike some, she didn't create that fund, she was a little girl at the time it was created and she doesn't manage it. You can ask our resident trust fund member if you doubt me but trust funds routinely name a very young member to extend the life of the trust. It doesn't mean that trust fund baby will ever have a say in the management of that fund, nor could they unilaterally change the trust.
Hyatt- I have to shake my head and peek outside, I just had to make sure the sky is still blue! To see the above members support a Union and it's 'over inflated' wages. (well they are called over inflated wages in any of a dozen other threads where Unions are discussed)
Millionaires declare they are cutting hours to make their employees part-time to put the burden of insurance on the wage earner and there was no condemnation.
The Superior Bank failure- she left that bank 7 years before it failed. If it was Rumsfeld that held that position and then left I doubt ANY of you would raise an eyebrow.
If the GOP members of the committee had real heartburn with her she would have been raked over the coals but fact is she is far more like the TP's backers than the democrat faithful...eace
It all comes down to D vs. R. If she was a R, none of that would matter to to them. And since she's a D, none of it matters to the other side. You've got to remember that someone with similar sins regarding offshore funds and failed businesses was who they wanted to make President.
Interesting slant to the news, but expected considering the lean ya'll have.
First her under reporting her earnings for consultant work, this wasn't discovered by the Investigators nor the Press but her OWN financial advisers and was immediately reported. So she told on herself. Now to put what 80 million means to her compared to her net worth.... 5%. or 1/2 of 1% for each year she earned it.
Next the offshore trust fund. Unlike some, she didn't create that fund, she was a little girl at the time it was created and she doesn't manage it. You can ask our resident trust fund member if you doubt me but trust funds routinely name a very young member to extend the life of the trust. It doesn't mean that trust fund baby will ever have a say in the management of that fund, nor could they unilaterally change the trust.
Hyatt- I have to shake my head and peek outside, I just had to make sure the sky is still blue! To see the above members support a Union and it's 'over inflated' wages. (well they are called over inflated wages in any of a dozen other threads where Unions are discussed)
Millionaires declare they are cutting hours to make their employees part-time to put the burden of insurance on the wage earner and there was no condemnation.
The Superior Bank failure- she left that bank 7 years before it failed. If it was Rumsfeld that held that position and then left I doubt ANY of you would raise an eyebrow.
If the GOP members of the committee had real heartburn with her she would have been raked over the coals but fact is she is far more like the TP's backers than the democrat faithful...eace
It all comes down to D vs. R. If she was a R, none of that would matter to to them. And since she's a D, none of it matters to the other side. You've got to remember that someone with similar sins regarding offshore funds and failed businesses was who they wanted to make President.
Obviously, it doesn't matter to you, either, since she's one of The Messiah's picks.
The Messiah could pick Charles Manson and you people would stick up for him. :roll:
So, the defense is that she's stupid and not crooked. Ok...how is that better?
I'm not sticking up for anybody. But isn't it interesting how her resume is similar to Romney's - yet you think he should be President, while she isn't qualified to be Secretary of Commerce. Maybe Obama should just nominate Mitt. You wouldn't know what to do.
Sure you're not...lol!!!
If this chick was picked by a Republican prez you would be leading the charge against her. Just admit it.
Interesting slant to the news, but expected considering the lean ya'll have.
First her under reporting her earnings for consultant work, this wasn't discovered by the Investigators nor the Press but her OWN financial advisers and was immediately reported. So she told on herself. Now to put what 80 million means to her compared to her net worth.... 5%. or 1/2 of 1% for each year she earned it.
Next the offshore trust fund. Unlike some, she didn't create that fund, she was a little girl at the time it was created and she doesn't manage it. You can ask our resident trust fund member if you doubt me but trust funds routinely name a very young member to extend the life of the trust. It doesn't mean that trust fund baby will ever have a say in the management of that fund, nor could they unilaterally change the trust.
Hyatt- I have to shake my head and peek outside, I just had to make sure the sky is still blue! To see the above members support a Union and it's 'over inflated' wages. (well they are called over inflated wages in any of a dozen other threads where Unions are discussed)
Millionaires declare they are cutting hours to make their employees part-time to put the burden of insurance on the wage earner and there was no condemnation.
The Superior Bank failure- she left that bank 7 years before it failed. If it was Rumsfeld that held that position and then left I doubt ANY of you would raise an eyebrow.
If the GOP members of the committee had real heartburn with her she would have been raked over the coals but fact is she is far more like the TP's backers than the democrat faithful...eace
As soon as you admit that what bothers you is her party affiliation.
Interesting slant to the news... considering the lean
Millionaires declare they are cutting hours to make their employees part-time
she left that bank 7 years before it failed
If it was Rumsfeld that held that position
she is far more like the TP's backers than the democrat faithful
The Right Wing should applaud
Forget the $80 million not reported, I'd like to know how she became a "billionaire" making only $100 million in the past 10 years.
Secondly, and more troubling, she's a "Chicago" billionaire - aren't there enough Chicago influences screwing up America already?
LOL!
it sure is
do YOU have an offshore bank account? (Do you?) Considering who has offshore accounts and how they got them it is an odd attack, you didn't read how she 'got' it, she was named to it as a little girl, unlike Willard.
USAToday: Obama video hits Romney on offshore accounts
Obama Picks Jeffrey Immelt, GE CEO, To Run New Jobs-Focused Panel As GE Sends Jobs Overseas, Pays Little In Taxes - HuffPo
damn millionaires... yeah damn millionaires when they cut their worker's pay and hours to make a bogus political diva dance.
Obamacare and the plight of part-time employees - LATimes
don't ya just hate em
was that 7 years before or 7 years after she proudly proclaimed her passionate commitment to subprime has never been stronger? And it wasn't an hour after Obama was elected the rabid right decried ANY attempt to throw blame on BushII... more partisan spin. :roll:
well, that's weird...
who?
you can say that again
who appointed her, again?
good for YOU!
america, meet YOUR new commerce secretary
billionaire bundler for barack obama: ms penny pritzker!
This should be an automatic disqualification for any nominee.
So, the defense is that she's stupid and not crooked. Ok...how is that better?
I realize that I don't travel in the same rarified financial circles, but isn't $80 million still a bit more than a clerical oversight?
i find it impossible to fathom an 80 million dollar "clerical error"....
Can you think of any reason she would intentionally underreport her income? She is a Pritzker, for crying out loud.
i find it impossible to fathom an 80 million dollar "clerical error"...it's bull****.
it won't matter much, for all her 1% credentials, her role as a bundler for campaign financing, her support for subprime lending, MBS's, etc... she's a democratic/leftie darling now.
Someone that wealthy has a lot of assets in a lot of locations, and a lot of income from a lot of sources.
I don't know how it happened, but it really could be as simple as a spreadsheet error. Someone didn't include the "consulting income" line into the calculation.
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