The Penn-Central bankruptcy was the largest one in history when it went belly-up.
I guess Hitlery's figuring out this is a hell of a way to run a railroad...
Posted on 04/07/2008 10:14:07 AM PDT by The_Republican
What Mr. Penn reportedly did — meet with Colombia's ambassador about the Colombia Free Trade Agreement — doesn't come close to warranting being fired as chief strategist. If Mrs. Clinton is such a committed protectionist, following the logic of losing Mr. Penn, she'd have to get rid of her husband, who championed, and signed into law, the North American Free Trade Agreement that was a predecessor to the Columbia pact.
Or if it's not the trade that is the issue but the mere appearance of being on the payroll, or giving advice to, a foreign entity, she'd also have to fire Mr. Clinton. Some of the $109 million the Clintons earned in the last seven years, after all, came from speeches he gave to foreign groups.
If the Columbia trade pact is the sticking point, one of the two men announced as Mr. Penn's replacement as chief strategist, Howard Wolfson, isn't exactly immaculate, either. He's been a partner in the Glover Park Group, which, according to the Department of Justice's Foreign Agents Registration Act Web site, is a $40,000-a-month registered agent of the Colombian government, with an assignment to "propose to the Colombian government a comprehensive government relations strategy to reach out for broader support for the approval" of the U.S.-Colombia Trade Promotion Agreement in Congress.
A contract between Glover Park Group and the Colombian government spoke of the American firm "working closely with Colombian Government teams in Washington DC and in Colombia." Mr. Wolfson himself was not registered as a foreign agent and there is no indication he worked on the Colombia account.
(Excerpt) Read more at nysun.com ...
I don’t think Penn was fired. I think he quit on his own — because he’s finally realized that the $4+ million the Clinton campaign owes his firm isn’t going to be paid.
Klintons won Ohio partly due to the Candian-Nafta-Flap that they exploited. So fear the taste of their own Medicine, before anyone even asked them, they have tried to distance themselves from Penn - who is getting paid by Colombia to LOBBY Congress to sign Columbian Free Trade Agreement - while the Hillary is telling everyone she was opposed to Nafta from get-go and would re-negotiate the agreement.
From published sources, his firm has already been paid 4.3 mil. 1.3 mil is (was) owed. As Chief Strategist for all this time, I would be willing to bet he has already made very certain that the remaining 1.3 mil is in his account. Besides, as I have said, according to his partner on FOX today, he IS NOT going anywhere. He is just moving into her campaign "background" to get the labor union bosses back on her side as far as trade agreements are concerned. The labor union bosses have been her biggest critics and have started withholding funds because of his stance on trade. She is using this issue as a raison d'etre to get the campaign funds coming in again.
As usual, it's all about MONEY!
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