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by
Politics Editor
Member since:
September 29, 2006 Share Your Thoughts on the South Carolina Democratic Debate
January 21, 2008 08:14 PM EST
views: 96
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rating: 6.4/10
(5 votes)
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comments: 10
The South Carolina debate is underway on CNN. Share your thoughts.
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Comments: 10
"Long live the Grand Olde Party!"
I like the format - but I'm not sure John Edwards does.
Clinton and Obama looked great, as usual. But I think Hillary won this debate...again.
Questions arose over Bill Clinton's relationship with Burkle's firm because of Yucaipa's connections in foreign countries such as China and Dubai.
Excerpts from the Journal:
Mr. Clinton is also looking to close out partnership interests in a Yucaipa fund that focuses on investing in foreign companies. This fund -- called Yucaipa Global Partnership Fund LP -- has raised several hundred million dollars from a range of investors. Unlike his deal to advise the two Yucaipa domestic funds, Mr. Clinton invested an undisclosed sum of his own money in the global fund and has a limited partnership interest.
Mr. Clinton is also one of three owners of the global fund's general partner. The others are Mr. Burkle, who is the managing member, and an entity connected to the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum.
Severing the tie to Dubai, a U.S. ally, will remove a potentially tricky problem for Mrs. Clinton. Questions raised about the activities of sovereign wealth funds -- giant pools of money controlled by foreign governments -- have become a campaign issue, as the funds have made a spate of multibillion-dollar investments in such corporate giants as Citigroup Inc. and Merrill Lynch & Co. In a recent interview with The Wall Street Journal, Mrs. Clinton said such purchases are "a source of concern," partly because the foreign funds "lack transparency" and could be used by foreign governments as "instruments of foreign policy."
[...]
Asked about the unwinding of the Yucaipa relationship, a spokesman for Mr. Clinton said the former president "is taking steps to ensure" that there will be "an appropriate transition" for the business relationship should Mrs. Clinton win the Democratic presidential nomination. "
Does Hillary fall in with other politicians who are indebted to corporations contributing so much money to their campaignc.
just the thought of it is overpowering...
Hillary is going to be hard to defeat in a debate because of her command of the issues and the depth of that command. It is difficult sometimes because depth takes time and in debate there isn't time and in speeches, depth translates into sleeping audiences.