Hi djjl,

That $100,000 profit is misleading in that it is not offset by the $40k losses, she never had over ~60k equity in the account and with 50 percent short term capital gains, she probably realized around $30k (July 23, 1979, she withdrew $60,000).

July 20 ……… $61,537

July 23, 1979: She withdrew $60,000 and never traded again, closing the account in October.

Imhotep shows his hatred for Clinton and Imhotep’s incredible ignorance of almost anything involving her or Bill Clinton. One can only assume it is a chosen path Imhotep follows because virtually everything said is either easily proven untrue or is simply unprovable.

My guess is that Imhotep believes Gennifer Flowers started her ten year affair with Blinton in the Excelsion Hotel – over two years before it was ever built.

Paula (I need a nose job) Jones was a malleable nut case dressed up and pranced out by the Heritage Foundation to spout provable lies.

http://www.washingtonpost.com/wp-srv/politics/special/whitewater/stories/wwtr940527.htm

Hillary Rodham Clinton was allowed to order 10 cattle futures contracts, normally a $12,000 investment, in her first commodity trade in 1978 although she had only $1,000 in her account at the time, according to trade records the White House released yesterday.
The computerized records of her trades, which the White House obtained from the Chicago Mercantile Exchange, show for the first time how she was able to turn her initial investment into $6,300 overnight. In about 10 months of trading, she made nearly $100,000, relying heavily on advice from her friend James B. Blair, an experienced futures trader.

snip

Even allocated trades would not necessarily have benefited Clinton, Melamed added. “I have no reason to change my original assessment. Mrs. Clinton violated no rules in the course of her transactions,” he said.

snip

Blair, who urged Clinton to enter the high-risk futures market and ordered most of her trades, said in a recent interview that he “talked her into” her first futures trade in October 1978 before paperwork on her account was completed. It was liquidated quickly, he recalled, because “it was bigger than she wanted and required more money.”

A close examination of her individual trades underscores Blair’s pivotal role. It also shows that Robert L. “Red” Bone, who ran the Springdale, Ark., office of Ray E. Friedman and Co. (Refco), allowed Clinton to initiate and maintain many trading positions – besides the first – when she did not have enough money in her account to cover them.

Why would Bone do so? Bone could not be reached for comment, but Blair said he thought he knew why. “I was a very good customer,” he said, noting he paid Bone $800,000 in commissions over the years. “They weren’t going to hassle me. If I brought them somebody, they weren’t going to hassle them.”

Besides, he added, Bone would not worry if he agreed with his clients’ bet on which way the price of a given contract would go.
Blair, who at the time was outside counsel to Tyson Foods Inc., Arkansas’ largest employer, says he was advising Clinton out of friendship, not to seek political gain for his state-regulated client. At the time of many of the trades, Bill Clinton was governor.

snip

The White House defense of Hillary Clinton’s preferential treatment was that other customers in the same office also were allowed to trade without having enough cash in their accounts.
While Clinton’s account was wildly successful to an outsider, it was small compared to what others were making in the cattle futures market in the 1978-79 period. An investigation of the cattle futures market at that time by Rep. Neal Smith (D-Iowa) found that in one 16-month period 32 traders made more than $110 million in profits from large trades — those of 50 contracts or more. Clinton traded positions of 50 or more contracts only three times.

One was a “day trade” on hog contracts that netted $2,553. Melamed said “day trades” are the only way to assure profit

Snip

Bill Clinton speaking at Diane Blair’s funeral service in 2000. Comments reflecting on Hillary and Bill’s more than 28 year friendship with the Blairs.

http://findarticles.com/p/articles/mi_m2889/is_30_36/ai_64995639/

See Jenny Sanford.

Me, too.

Very quickly, don’t forget that HRC sticking to Bill has more than a little to do with her deep and abiding Methodist faith.

I don’t buy the divorce angle on bit. Ronny Ray-gun managed just fine, and if divorce was a problem, Johny Mac’s ugly divorce to his first wife should have put him out of contention for dog catcher, never mind President.

Other than the faith angle, I won’t even try to figure out what makes the Clintons click as a couple. I’ll leave it to minds much more informed than mine. But I am fairly sure that crass political consideration has exactly nothing to do with HRC sticking with Bill. Over and Out.

As do I.

She did not make a “fortune.” She made ten thousand dollars. There is nothing illegal or immoral about trading in futures, in any case.

I appreciate that garage sale story by Lady Lake. I don’t buy the speculation that it was just Maggie Williams, not HRC herself. It was probably HRC. She is a woman of actions more than just words, although, thank God, her words are clear, clearly spoken, and she accepts responsibility for her own words/actions. As she sometimes has said she has this “responsibility gene.” Let others do the whining and bamboozling, she simply gets up and gets on with the job at hand.

Yes, she is to love and admire, and I am also one who does.

If Obama thought it was such a bad resolution, he wouldn’t have scrubbed his own much ballyhooed anti-war speech (that he made from the safety of his very liberal Illinois Senate district) from his Senate web site. He’s been bamboozling folks from likely longer than he knew what the term meant.

Thanks for the reality check. Feet of clay, alas. We love her anyway.

Hillary Clinton began the primary season with the nomination her’s to lose. When it began only Edwards was a barrier, which “The Change” captures well from the teasers I’ve read.

Additionally, the team leading Clinton positioned her from the beginning as not only entitled, but inevitable. Three years ago next week, I wrote about it:

http://www.taylormarsh.com/2007/01/22/clintons-inevitability-campaign/

They didn’t let go of this horrible strategy until it was way too late.

I was a primary force on what evolved eventually, as everyone knows. She proved herself to me, as I watched the candidates debate. The opposite pull to that reality is that Hillary’s campaign was her biggest opponent. The Iraq war vote was an obstacle, no doubt. But we also see what the shallow apology culture of policy beliefs, which Imhotep is suggesting, gets you. As I wrote many times, I still contend Obama would have voted for the Iraq war along with everyone else, as he’s never shown any penchant for leading a charge. But that’s not even the issue either in what killed Hillary’s campaign.

In the end the buck stops with Hillary.

So..

1) I happen to agree with Taylor that Hillary lost due to a mismanaged campaign… and not only because of her vote on the Iraq war. I also see other viewpoints as valid…media bias, and the internal play within the Democratic party. I’m certain that some… e.g. you.. voted against her due to her vote on Iraq… but I believe you are simply a piece of the pie. As LL has stated … your view is simply an opinion, as is mine… neither view is a “fact”..

2) Your comment re: “yard sale people” is a tweak… Perhaps it’s just me… but your post came across as demeaning… dare I say arrogant and judgmental.

whitepaw says:
10 January 2010 at 11:49 am

One thing is that Obama’s family side is unified, with his team never operating on competing camps and rivalries like what happened in Hillary’s campaign. She couldn’t control her people or didn’t try, perhaps, with someone else actually at the helm. Still, her mistake.

The *tactics* Obama used is quite a different subject. That’s why David Plouffe’s book is such a joke. No one inside or close to the campaign on Hillary’s side recognizes the Plouffe image of the Obama campaign, which played as dirty as it gets. Nothing wrong with that at all, but Plouffe wasn’t about to paint that picture, instead leaving it totally out. A rewrite of what was reality is being kind.

—–

Thanks Taylor — Just saw your response… Perhaps you could write the “tactic” book to counter Pouffle’s account?

Perhaps. But none of this was done in a vacuum or on anything resembling a level playing field.

The professional malpractice of both the Democratic Party and the media is well-documented, as was their willingness to aid and abet the Obama campaign in their penchant for playing the race card and indulging in the widespread misogyny blanketing Washington DC.

What LL says..

And no problem with peace at all… just your way of using the word.. in general…

Other than that – I enjoy your posts..

The woman across from me was a simple country woman. She said ,”I do to and I will tell you why.”

Standing there on a chilly fall day she told the story of her daughter who had died of bone cancer over ten years before. She described herself as young and dumb and poor. She said she was told at the hospital that there was nothing more that they could do and it was time to take her daughter home.

Shortly after they returned home her daughter was in terrible pain and not knowing what else to do she took her back to the hospital. They refused to admit her daughter. Desperate, this simple country women called the White House,can you even begin to imagine the idea, thinking you could get help by calling the White House?

Each person she spoke to forwarded her on to another person. Within three steps up she was talking to the assistant to Maggie Williams the First Lady Hillary Clinton’s chief of staff.Within hours her daughter was re admitted,she was stablized on pain medicine and she eventually left with a plan and the right meds.

This was a woman who was not political and our conversation was pure happenstance. I did not get her name but I did tell her story in a letter to the editor of my little local paper during the primaries.

I ran into her after the election. She was working the counter of a Subway.I told her I had written about her. She thanked me and said she could not have done that. I asked her what she thought about the election? She was disappointed that Hillary did not win but she was hopeful about Obama.

That kind of thing happens from the top down. It is an expectation that is set by an administration.It is part of a long pattern of trying to help simple people who can not do a thing for you.