by Mitch Kokai
Senior Political Analyst, John Locke Foundation
No, James Antle of the Daily Caller isn’t devoting his latest column to “Cadillac-driving women on welfare … fraudulently collecting multiple government benefits.” Antle instead focuses on corporate welfare queens associated with the Clintons and the Obama administration.
The system isn’t supposed to be rigged against people who work hard and play by the rules.
That’s why the latest example of the Clintons’ extensive corporate ties, The Wall Street Journal’s report on the family foundation pocketing money from big companies that did business with Hillary Clinton’s State Department, is such a bombshell.
Sixty companies that lobbied the State Department between 2009 and 2013, while Hillary was secretary of state, donated more than $26 million to the Clinton Foundation over that time period. At least 44 of the 60 participated in $3.2 billion worth of philanthropy projects by the Clinton Global Initiative, while at least 15 were part of Clinton-created public-private partnerships.
It’s not clear that any of this was illegal and it’s possible that some of this supported worthwhile projects. But it illustrates the nexus between crony capitalism and modern American liberalism as we know it.
This isn’t something unique to Bill and Hillary Clinton. Under Barack Obama, government-run health care has become a boon to big health insurers and pharmaceutical companies, who are rallying to save Obamacare from the Supreme Court.
But the Clintons’ coziness with corporate America was something that made even liberals itchy in the 1990s. While it still fuels speculation about a presidential run by Export-Import Bank supporter Elizabeth Warren, this has become a feature of contemporary liberalism rather than a bug.
The new welfare queens include General Electric, General Motors, Exxon-Mobil and Boeing.