June 10, 2014
Quote of the Day
Put down your Kleenexes, Sec, Clinton did not have it perhaps quite so bad as she averred...
Leaving aside for a brief moment how utterly farcical it is to use "struggle" and "houses" in the same sentence, the notion that the Clintons were presented in their post-presidency with anything other than a license to print money is unyielding in its abject hilarity. By 2001, Bill Clinton had made $200,000 per annum for eight years while paying nothing toward his housing or upkeep, and, in addition to the extraordinarily lucrative speaking gigs that American ex-presidents are now to expect, he had a lifetime of pensions and benefits to look forward to. (David Graham points out that, in the last 14 years, he has received nearly $16 million from the government.) By the end of the year in which he left office, the couple had made $16 million and enjoyed between $5 and $30 million in assets. By 2004, they had $50 million to their names. And by 2014, Clinton had become the highest-earning former president in America's history, with net assets of nearly $200 million. Being smart sorts, the couple knew full well that this was coming, which is why in 1999, with their apparently destructive legal bills still racking up, they bought a $6 million house in Chappaqua, N.Y., so that Hillary could legally run for the Senate. One suspects that if the Clintons had been genuinely worried that their legal fights might bankrupt them, they would not have done this, nor would friend Terry McAuliffe have agreed to loan them $1.3 million toward its purchase. -- Charlie Cooke
Hat-tip Jim Geraghty
UPDATE: In spite of the lengthy excerpt, whole thing the please read -- it is an impressive takedown of the Clintons which might come in handy over the next couple of years.
UPDATE II: Thanks, Facebook!
Quote of the Day
Posted by John Kranz at June 10, 2014 10:18 AM