Bush’s substitute speaker: Hillary Clinton

[n2doc]

Former President George W. Bush was supposed to give a speech to Ameriprise Financial conference in Boston next week but had to bow out because he’s recovering from surgery on a bum knee. But the financial services firm was able to secure a prominent substitute speaker: Hillary Clinton.

Clinton’s speech, confirmed by two sources familiar with the event, is the latest in a series of paid speaking-circuit gigs for the former secretary of state and likely 2016 presidential contender, who charges upward of $200,000 to deliver remarks or take part in question-and-answer sessions.

Bush, who has also been on the paid speaking circuit, was anticipated as the main attraction at the event, sources said. But a Bush aide confirmed that he had to drop out after he had a second partial knee replacement surgery last weekend in Chicago. His first surgery, on the other knee, was in May.

So Clinton was tapped as the replacement. The precise date of her speech wasn’t immediately clear, but the conference is July 23-27.


Read more: http://www.politico.com/story/2014/07/george-w-bush-hillary-clinton-substitute-speaker-109010.html

[Katashi_itto]

1. But But But...she gives it all to charity....!!!

Never mind that fat tax write off....

[n2doc]

3. I thought that was only for speeches at universities? n/t

[conservaphobe]

8. What she does with her money should be a non-issue.

Frankly, I don't care if she buys 100,000 bouncy balls and bounces them off skyscrapers with a slingshot all day...

It's her money and not up to me to decide what she does with it.

[bullwinkle428]

10. Honestly, this is the exact same talking point right-wingers use when people

call out the Koch brothers for inserting their grubby little fingers in every contested political race out there; even in places like Coralville, Iowa (basically, my backyard for several years).

[conservaphobe]

11. The talking point about Clinton's speaker fees is a right-wing talking point.

So I guess we're even.

[Katashi_itto]

12. I'm an accountant. You want me to overlook what she does with her money? So it's ok to worry about

Romney's ill-gotten gains and not Hillary's?

[AgingAmerican]

18. Speaker fees are ill-gotten

...just like Romney? Seriously? Will you be investigating Obama when he does the exact same thing upon leaving office?

[Katashi_itto]

24. I'm sorry what was I thinking? That one of the writer's of TPP could have anything but our best

interests at heart.

[upaloopa]

26. Not the same at all

Kochs and Hillary really?

I guess each of us see the world through different paradigms for sure.

[Katashi_itto]

13. So then we should take the same stance with Mitt Romney is what your saying.

[reddread]

2. their masters voice

$$$$$

[Smarmie Doofus]

4. So... basically... Clinton is available on 10 days notice.

For a *fee*.

Not much chance, then, of getting her to come to my local community org's confab on education privatization in September.

Fee: 0 ( that's zero dolars and zero cents).

And we actually don't want her to "talk" so much as, ya know, *listen*.

[reddread]

6. she keeps busy

she's out there stumping for Democratic candidates.
what more could you ask for?

[msanthrope]

7. Why not ask her and report back? nt

[cantbeserious]

5. Clinton = Bush - Both Friends, Lackeys, Of Wall Street

eom

[mylye2222]

14. And worked hand in hand to Keep Bush in WH

Back in 2004

[Ichingcarpenter]

9. Criticism & controversy of the company

Criticism & controversy[


Securities America was fined $5.4 million in 2003 for letting a broker work under a false name in its Orlando office and allegedly make bogus investments.[32] In 2005, Ameriprise agreed to pay a $12.3 million to settle NASD charges relating to favorable treatment allegedly given to some mutual funds in exchange for brokerage business.[33]

In mid-2005, the State of New Hampshire reached a $7.4 million settlement with American Express Financial Advisors, alleging the company had violated the law by rewarding their financial advisers for recommending underperforming in-house mutual funds to clients.

Also in 2005, Ameriprise Financial entered into a $15 million settlement with the SEC for charges of market timing.

The Minnesota Department of Commerce levied $2 million in fines for similar market timing violations.

The National Association of Securities Dealers fined Ameriprise an additional $12.3 million for unsuitable share sales.

Ameriprise, having become a separate company, had not revealed which funds were timed, or the names of the people involved and the exact nature of the disciplinary action taken.

Morningstar temporarily reduced the stewardship grade for Ameriprise's funds, although it did not impact the fund's overall star ratings from that firm.

In 2006, the NASD threatened to suspend the company for failing to pay an arbitration award to a former broker.

In September 2006, Securities America reached a $16.3 million settlement with a group of Exxon Mobil Corp. retirees for failing to supervise an associated broker.


On July 11, 2007, the NASD fined Securities America $375,000 for improperly sharing directed brokerage commissions from a mutual fund company with a former Securities America broker.

Another NASD arbitration panel awarded $9.3 million to three retired American Airlines pilots against Securities America and a formerly associated broker for allegedly mishandling their savings. Other airline pilots have arbitration claims pending.[


On July 10, 2009, the Securities and Exchange Commission (SEC) announced an enforcement action against Ameriprise for receiving millions of dollars in undisclosed revenue sharing as a condition for selling certain real estate investment trusts (REITs) to its brokerage customers. Ameriprise agreed to pay $17.3 million to settle the SEC's charges, however the period in which SEC states the violations took place were prior to the spinoff from American Express.


On April 15, 2011, Securities America, Inc. (SAI) and its holding company, Securities America Financial Corporation, entered into settlement agreements related to the sale of private placement securities issued by Medical Capital and Provident Royalties that resulted in a $118 million pre-tax charge in the first quarter of 2011.

The charge is in addition to a $40 million pre-tax charge in the fourth quarter of 2010.

http://en.wikipedia.org/wiki/Ameriprise_Financial


George:

Hello Hillary? Can you fill in for me?
I got a bad knee and I already asked Bill but he was busy....

Hillary:
No problems George , glad to do it.

[Jeff In Milwaukee]

15. I think it's interesting...

that this was never an issue until a woman started doing it. Every former POTUS, and even most failed candidates, hit the lecture circuit either before or after their time in office.

Suddenly it's an issue. Suddenly it's a problem. Suddenly every speaking engagement has to be parsed for its hidden meaning.

[wyldwolf]

20. It's not because she's a woman. It's because she's Hillary. Elizabeth Warren gets paid to speak, too

... but there's no poutrage here about that.

[Jeff In Milwaukee]

23. Fair point (nt)

[JI7]

25. Warren gets paid to speak ? wouldn't there be a law against that because she is senator ?

[wyldwolf]

28. unsure of any laws of that nature

Unless a law has been passed in the last two decades, it appears to be common:

http://www.nytimes.com/1989/05/20/us/speaking-fees-bolster-senators-pay.html

Here where you can, or could, book Elizabeth Warren:

http://www.allamericanspeakers.com/booking-request.php?SpName=Elizabeth-Warren

[Purveyor]

27. Indeed. eom

[libodem]

17. OMG

Just think if she were the power behind the throne in politics. If she supported the party and made speeches and gave the money to the DCCC or something.
Just saying. I wish she weren't the presumptive nominee but the representative and titular head.
I'm a dreamer. She has the power. I don't really care for the conservative bent. But still respect who she is and embrace her well earned place at any table, where she may choose to sit.

[NightWatcher]

19. If I were her, I'd dial back on these big $ speeches

Its not really helping her "one of you regular guys" meme that she was wanting to push.

She's free to do whatever she wants, but this isn't helping perceptions.

[wyldwolf]

21. I've yet to see any indication this phony issue means anything to the electorate at large

It's just one more phony issue the right wing created and the left wing picked up on. if you have any evidence to the contrary - outside of the DU/netroots and Free Republic/Tea Party echo chambers, let us know.

[Beausoir]

22. Good for her. n/t

[FiveGoodMen]

29. So the 1% considers them interchangeable.

[m-lekktor]

31. my first thought. nt

[Duppers]

32. yes, obviously

[Maeve]

30. Can't get a former president? How about a future one?

heard about this yesterday from my financial adviser--find it amusing.