Wednesday, October 10, 2007

Hillary puts her finger to the wind again

By Edward Copeland

Barely a month after Hillary Nothing-But-Ambition Clinton announced with much fanfare a plan to give every child born in the U.S. a $5,000 savings bond to be used for college or a first home, now she's decided (after lots of slamming from Republicans) that it's a bad idea and that it was only an idea, not an actual policy proposal:

Clinton said she has given up another idea for a savings incentive — giving every baby born in the United States a $5,000 account to pay for college or a first home. Instead, she said, her plan for what she called "American Retirement Accounts" will provide "universal access to a generous 401(k) for all Americans."

Standing by her tradition of changing her tune for whatever audience she's talking to at the time, guess where Hillary decided to abandon her idea?

Clinton first mentioned a so-called "baby bond" last month in an appearance before the Congressional Black Caucus, saying it was just an idea and not a policy proposal. The idea was criticized by Republicans, and she told The Wall Street Journal in an interview published Tuesday that it's off the table.

Leave it to the Edwards campaign, which may be struggling but always seems to come up with a cute quip for nonsense:

The campaign of her Democratic rival John Edwards suggested it was an example of Clinton setting her positions by polls. "Apparently, new polling data seems to have pressured the Clinton campaign to throw out the baby bond with the bath water," said Edwards spokesman Chris Kofinis.

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