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.
Tickets for tonight's event were $2,700, with sponsorships beginning at $27,000.
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.
-
Bluetoothing: the phenomenon driving HIV spike in FijiUnder the Radar ‘Blood-swapping’ between drug users fuelling growing health crisis on Pacific island
-
Marisa Silver’s 6 favorite books that capture a lifetimeFeature The author recommends works by John Williams, Ian McEwan, and more
-
Book reviews: ‘We the People: A History of the U.S. Constitution’ and ‘Will There Ever Be Another You’Feature The many attempts to amend the U.S. Constitution and Patricia Lockwood’s struggle with long Covid
-
Court allows Trump’s Texas troops to head to ChicagoSpeed Read Trump is ‘using our service members as pawns in his illegal effort to militarize our nation’s cities,’ said Gov. J.B. Pritzker
-
Judge bars Trump’s National Guard moves in OregonSpeed Read In an emergency hearing, a federal judge blocked President Donald Trump from sending National Guard troops into Portland
-
Museum head ousted after Trump sword gift denialSpeed Read Todd Arrington, who led the Dwight D. Eisenhower Presidential Library and Museum, denied the Trump administration a sword from the collection as a gift for King Charles
-
Trump declares ‘armed conflict’ with drug cartelsspeed read This provides a legal justification for recent lethal military strikes on three alleged drug trafficking boats
-
Supreme Court rules for Fed’s Cook in Trump feudSpeed Read Federal Reserve Governor Lisa Cook can remain in her role following Trump’s attempts to oust her
-
Judge rules Trump illegally targeted Gaza protestersSpeed Read The Trump administration’s push to arrest and deport international students for supporting Palestine is deemed illegal
-
Trump: US cities should be military ‘training grounds’Speed Read In a hastily assembled summit, Trump said he wants the military to fight the ‘enemy within’ the US
-
US government shuts down amid health care standoffSpeed Read Democrats said they won’t vote for a deal that doesn’t renew Affordable Care Act health care subsidies
