Published On: Thu, Oct 27th, 2016

Is Jill Stein a Political Hypocrite?


Is Jill Stein a phony when it comes to her attacks on big business? Well according to a report in The Daily Beast the Green Party candidate for President sure seems to be.

It is never a big surprise to hear that a politician does not practice what he, or she, preaches. But when it is a matter of the core of their campaign, like a “family values” anti-abortion candidate having herself had multiple abortions or a pro gun control person having a secret cache of missiles and bombs, then it is a big deal.

And Jill Stein has specifically set herself up as the candidate who will represent the common person against the billionaires on Wall Street.

The Daily Beast has shown that while Jill Stein has made her campaign all about attacking big business she actually has quite a large stock portfolio herself. Stein and her husband Richard Rohrer have investments which are worth as much as $8.5 million. The publication found out who handles Jill Stein’s money for her from her financial disclosures.

Most of her wealth is in mutual funds which spread the money around in different types of investments. One of the funds which has some of her money invests in big oil companies like Exxon and Chevron. And yet Stein has made environmentalism and switching to green energy sources a major platform of her campaign.

Other funds which have her money invest in big financial firms like JP Morgan Chase, Citigroup, Goldman Sachs and Deutsche Bank. Yet Jill Stein has been courting former supporters of Bernie Sanders by going after big banking, calling it one of the biggest threats to American democracy and equality.

And in spite of Stein’s position on socialized health care and attacking the health care industry as a whole for letting its greed cost people their lives, she also has money tied up in Pfizer, Novartis, Johnson & Johnson, and Allergan. In addition to this, The Daily Beast states that Stein also has investments in tobacco companies and defense contractors.

Stein fought back with a statement that she released defending her investments. She tried to explain them away as retirement funds which invest in the American economy.

The statement says, “Retirement security should be a human right, guaranteed through expanded Social Security, not privatized through these types of investment accounts where financial managers make unsavory decisions for us. And above all, we must build political power that is independent of multinational corporations and the political elite that serve them. This is essential if we are to restore the elusive promise of American democracy and avert the imminent threats of climate catastrophe, endless war, and nuclear confrontation — and build the just and sustainable future that is within our reach.”

Well this is all well and good, but there are plenty of startups and publicly traded companies to invest in other than big oil or financial firms. There are all of the bio-med firms out there and so many new companies which are changing the world for the better, both with green energy and with new medical devices, and many of them are in Israel.

But Stein expects the voters to believe that she does not do so because she is somehow limited to investing in mutual funds, as opposed to making direct investments, and that she has, “not yet found the mutual funds that represent my goals of advancing the cause of people, planet and peace.”

Jill Stein this is just plain dumb and the American public are probably not stupid enough to fall for it.

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