Goodness knows trying to eke by on what little money the Clintons acquired during the Whitewater Madison Guaranty Bank scandal plus the paltry salary Bill earned as governor of Arkansas and Hillary a lawyer at the infamous Rose Law Firm must have been difficult. The former “dead broke” first lady could barely remember what she did with her expense records, let alone balance the family’s meager family budget. To go from earlier financial struggles to having to live within the sparse amenities afforded as President and First Lady of the United States is enough to make you feel their pain. Especially since bullying women like Monica Lewinsky, Gennifer Flowers and the rest were claiming to have had sexual relations with poor Bill. Who knows how many checks they had to write in order to clean those messes up.
What we do know, straight from the horse’s mouth so to speak, is that the couple was all but destitute by the time they left the White House; you know, practically living on the streets in their limousine. We know the Clintons left the White House poor as paupers because Hillary Clinton, who for some reason wants to move back into the White House in 2016, said so during an ABC interview. “We came out of the White House not only dead broke but in debt,” she said. “We had no money when we got there, and we struggled to piece together the resources for mortgages for houses, for Chelsea’s education. You know, it was not easy,” she added.
However, less anyone tear up, a report in the Boston Herald published today provides a rather happy financial ending to the domestic tragedy the Clintons endured after serving the country so faithfully. Despite Mrs. Clinton constantly bashing Wall Street executives, it turns out she’s a high-flying member of the Top One Percent club. Besides the hundreds of millions collected on behalf of Hillary’s presidential campaign and tens of millions in foreign and domestic contributions made to the scandal-plagued Clinton Family Foundation fund, the formerly poverty-struck first couple earned at least $35 million by giving 164 speeches to financial services real estate and insurance companies after leaving the White House in 2001, according to an Associated Press analysis of public disclosure forms and records released by her campaign. That’s a tidy little sum in addition to Hillary’s Secretary-of-State salary and pension, millions in publishing rights paid for her failed book and other miscellaneous income.
According to Mrs. Clinton’s spokesperson the Clintons were forced to hurry up and make all that money. “She and Bill were both government servants all of their life, and there was a set period of time when they could make money,” said venture capitalist Alan Patricof, a longtime Clinton fundraiser. “She had to maximize her earning potential.”
It seems the Clintons were bullied, practically forced into a situation where they had to charge $35 million for giving a few lame Wall Street speeches. If only they had had some idea of the financial opportunities lurking on the horizon as they were slaving away over at the White House where her husband Bill endured cigar jokes and public ridicule over numerous sex scandals. Who can forget poor Bill Clinton pointing his finger and declaring on national TV that he did not have sexual relations with “that woman, Miss Lewinsky.”
However today Hillary Clinton’s future is bright, bright green, as in dollars. Despite the staggering private wealth accumulated from her amazing speeches, she promises voters that she is prepared to wrestle Wall Street to the ground and reform that unfair financial bastion of the rich and powerful, this according to a Clinton campaign spokesperson as quoted in the Herald. “Any honest look at Hillary Clinton’s record shows she spoke out early and often against Wall Street’s excesses in the run-up to the financial crisis,” said campaign spokesman Brian Fallon. “It’s clear they believe she will take action as president to crack down on the industry’s abuses.”
Ironically, the majority of the Clintons’ paid speeches to the financial industry came after the 2008 economic crash while most Americans were losing their homes, jobs and businesses – that’s the year she claimed to be “dead broke.” According to the Boston Herald report, from 2009 to 2014, the couple made $26 million from 109 appearances sponsored by banks, insurance companies, hedge funds, private equity firms and real estate businesses, and at those industries’ conferences and before their trade organizations. The Wall Street Lions who forced their riches on Hillary are going to be sorry if she gets back into the White House that left her “dead broke.”