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Progressives Drive the Clinton Global Initiative
Will this presidential election be the most important in American history?
Bill Clinton complained this week about the sparse attendance of hedge funds that were participating in his Clinton Global Initiative (CGI).
Meanwhile, Amanda Carey of The Daily Caller reports on the significant number of progressives that are attending the CGI including a number of CEOs who are lobbying for cap-and-trade legislation.
The difference in attendance between these groups is telling. Hedge funds don’t depend on government action driven by the influence of political and social elites to make money while the CEOs need legislative mandates to boost their earnings.