Democratic candidate Hillary Clinton's plans for this evening include a high-dollar fundraising event in Baton Rouge hosted by businessman Jim Bernhard. Bernhard was previously CEO of a Fortune 500 company, and when the corporation was bought out two years ago, his severance package totaled some $54 million, including a retirement fund, stock options, and cash.
That kind of money might be par for the course in presidential fundraising, but it stands out as the sort of high executive salary and "golden parachute" Clinton has repeatedly critiqued. This apparent hypocrisy is typical of Clinton's one percent problem: She presents herself as an economic populist but maintains close ties to Wall Street and big business. Clinton herself made nearly $12 million in speech fees in the two years between her State Department tenure and presidential campaign, putting her annual earnings at about 240 times the median American salary of $27,700.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The US-China trade war comes to HollywoodUnder the Radar China's retaliatory restrictions on foreign films will hurt the US film industry
-
Ione Skye's 6 favorite books about love and lossFeature The actress recommends works by James Baldwin, Nora Ephron, and more
-
Book review: 'Miracles and Wonder: The Historical Mystery of Jesus' and 'When the Going Was Good: An Editor's Adventures During the Last Golden Age of Magazines'Feature The college dropout who ruled the magazine era and the mysteries surrounding Jesus Christ
-
El Salvador refuses to return US deporteeSpeed Read President Nayib Bukele of El Salvador said he would not send back the unlawfully deported Kilmar Ábrego García
-
Trump says electronics tariff break won't lastSpeed Read The tariff exemptions on smartphones, laptops and other electronic devices are temporary, the administration says
-
Man charged in arson attack on Pennsylvania's ShapiroSpeed Read Governor Josh Shapiro and his family were sleeping when someone set fire to his Harrisburg mansion
-
White House pushes for oversight of Columbia UniversitySpeed Read The Trump administration is considering placing the school under a consent decree
-
Supreme Court backs wrongly deported migrantSpeed Read The Trump administration must 'facilitate' the return of wrongfully deported migrant Kilmar Ábrego García from El Salvador, Supreme Court says
-
Two judges bar war-powers deportationsSpeed Read The Trump administration was blocked from using the Alien Enemies Act to deport more alleged Venezuelan gang members
-
Trump pauses some tariffs but ramps up China taxSpeed Read The president suspended most 'reciprocal' tariffs for 90 days and raised his tariffs for China to 125%
-
Ukraine nabs first Chinese troops in Russia warSpeed Read Ukraine claims to have f two Chinese men fighting for Russia
