Women Entrusting Money to Men Is Time Honored Tradition, So Why Pillory Hillary?
The more I think about it, the more unfair seems the pillorying of Hillary over her cattle futures investments. (See Dad Baits Daughter and Denigrates Hillary: What Can We Learn from Whitewater?)
It’s a time honored tradition for women to trust their money to men for investment. Until very recently in our history it has been men only who handled money—women had no choice but to hand it over to a man and hope that he did well with it. Why in the latter half of the twentieth century did this become such a scandal?
According to Conason and Lyons, Hillary got nervous, quit trading, and ended up ahead, while James Blair, the person to whom Hillary entrusted her money, continued, lost, and end up suing his broker. (See page 151, hardcover edition, The Hunting of the President: The Ten-Year Campaign to Destroy Bill and Hillary Clinton.)
Hillary’s mistake was not in accepting financial expertise from Mr Blair, but in letting the press embarrass her over the matter.
Tags: Money Matters · Social Psychology
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