Here's prospective Democrat presidential candidate Hillary Clinton in an interview with ABC's Diane Sawyer:
"We came out of the White House not only dead broke, but in debt. We had no money when we got there, and we struggled to, you know, piece together the resources for mortgages, for houses, for Chelsea's education. You know, it was not easy."
Yes, they were struggling all right. Here's House #1, a mere cottage the Clintons managed to scrape together a purchase price $1.7 million for in Chappaqua, New York in 1999. That house, purchased while they were 'struggling' was acquired by the Clintons to establish residency for Hillary just before her senate run. And of course, people who are broke run for senate all the time, especially in states like New York where campaign costs are higher than normal.
Just a year later, the struggling couple managed somehow to buy House# 2, a mere shack in Washington D.C. they purchased for the pittance of $2.85 million:
Oh, but what about the debt?
Above, courtesy of Open Secrets via The Washington Post, here are Junior Senator Mrs. Clinton's annual disclosures of how much she and her husband earned, owned, and owed from 2000-2004.
I suppose next she'll be telling us they were on food stamps.
And Chelsea's education? Oh, the choices a financially struggling couple has to make! Let's see, the pricy Sidwell Friends private school, a BA at Stanford (at an every man's price at $36,000 per year in tuition and fees when Chelsea attended, books and supplies not included, with room and board about $11,000 per year extra, so probably close to a mere $200K for her BA alone) plus post graduate studies at Oxford and Columbia.I'd say the whole thing cost in the neighborhood of $500,000 minimum, and while Chelsea is reportedly bright, I have a feeling that she didn't exactly qualify for needs based financial aid.
So where did all this money come from?
Although she backed off fairly quickly, Diane Sawyer touched on some of it when she brought up Mrs. Clinton's $200,000 per shot speaking fees and the fact that the ex-president has made over $100 million for his speeches. And of course, there were the lucrative book deals put together by Clinton groupies in the publishing industry - a $15 million advance to the ex-president for "My
Like some other ex-presidents Mr. Bill understood the part in the Bible about casting your bead upon the waters in a very real and personal sense...if you do favors for certain people while you're in office, they will reward you handsomely once you're out.
Both Mr. Bill and Hillary were regulars on what I'll call the Desert Oasis express, raking in handsome speaking and 'consulting' fees and honorariums from the Saudis and the other GCE countries. For instance, the ex-president received close to half a million dollars alone as a 'consultant' to the Emir of Dubai back when President Bush was trying to turn the security of our ports over to one of the Emir's companies. And then there's the Clinton Foundation, a real tax free cash cow for Mr. Bill that receives 6 and 7 figure funding from the Sultan of Brunei, Kuwait, Oman and Qatar among others.
The Saudis put up an estimated $10 million towards the Clinton Presidential Library, and Bill and Hill were always welcome to give speeches or 'consult' at handsome fees.Not only that, but Mr. Bill has received, to date, over $16 million in pensions and benefits from the federal government since leaving office. That includes $944,000 in fiscal year 2014, including office and staff expenses.Even without the Lincoln Bedroom to sell, describing the Clintons as 'struggling' reveals a contempt for the American people who footed the bill that is as revealing as it is ignoble.
But the Big Mac of Clinton financing was his association with the Emir of Dubai, through his well connected pal Ron Burkie. Starting in 2002, Mr. Bill was an 'adviser' to Burkie's Yuicaipa Companies (read 'lobbyist for hire to influence congress and others on Yucaipa's behalf'), one of the three owners of the foreign fund's general partnership, along with Burkle and the Emir's Dubai Investment Group (YGP) Ltd. , a partnership the former president paid zero dcollars to buy into. Mr. Bill pocketed $12 million alone from the Emir's companies as he cashed in his share to loan money to Hillary's floundering presidntial campaign, and received another estimated $20 million buyout from Yucaipa as well in 2009.
The Clintons entered the White House in 1992 with a net worth of $672,000. Today, Mr. Bill alone,not counting Mrs. Clinton's share of the swag is worth $54 million, making him our richest ex-president.
They came to Washington to do good, and ended up doing very, very well for themselves at the expense of the American people.
And Mrs. Clinton? Well, #Hillarylies, just like always.But as she would say, "What difference does it make?"