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In her 35 years of "public service" how in the heck did Hillary make the kind of money....

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Bread and Circus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:18 PM
Original message
In her 35 years of "public service" how in the heck did Hillary make the kind of money....
to spare $5,000,000 in cash to her campaign?

Who would have known working on Children's health social projects would be so lucrative?
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:19 PM
Response to Original message
1. Almost all of it a been made by Bill after he was Prez.
He makes tons of $$ making speeches!
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Big Blue Marble Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:23 PM
Response to Reply #1
9. The headline is: Bill buys presidency for Hillary.
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polpilot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 06:08 PM
Response to Reply #9
26. Bill thinks it's over. He's already bought the cigars...
'Bill, gimme those damn cigars' HRC
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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:25 PM
Response to Reply #1
13. Look how much Obama has made in recent years...
including his 2 books, and Obama hasn't been doing it very long.
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displacedtexan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:20 PM
Response to Original message
2. Books.
Have you forgotten Bill's book deal and Hillary's book deal?

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IndieLeft Donating Member (851 posts) Send PM | Profile | Ignore Wed Feb-06-08 05:21 PM
Response to Original message
3. Bill's Money....
Edited on Wed Feb-06-08 05:21 PM by IndieLeft
they are married... what's your's is mine... what's mine is mine too...
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ElizabethDC Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:21 PM
Response to Original message
4. That money is from the Clintons' book deals and Bill's speaking fees
I believe that they were actually in debt when they left the White House.
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HeraldSquare212 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:23 PM
Response to Reply #4
8. So it's Dubai money? nt
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northzax Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:22 PM
Response to Original message
5. books and Bill
Edited on Wed Feb-06-08 05:23 PM by northzax
they've collectively made a whole passel of money in the past 7 years, tens of millions in total, I would guess.

and, of course, she may well have gotten a bank loan guaranteed by future earnings (or real estate) to acquire the cash itself)

same way, of course that a community organizer/politician can buy a multi-million dollar house in Chicago.
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NJSecularist Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:22 PM
Response to Original message
6. Ask Norman Hsu, Frank Giustra and Nursultan Nazarbayev.
They should know.
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rinsd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:23 PM
Response to Reply #6
7. The Clintons had a biz relationship with Hsu?
Or is that just a lie you told.
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:24 PM
Response to Original message
10. They've made about a half million a month, on average,
Edited on Wed Feb-06-08 05:25 PM by TexasObserver
... and have since Bill left office.

And that's not counting the perks, the freebies, and the money that gets funneled to the Library.
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tammywammy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:24 PM
Response to Original message
11. Well, she got an $8 million advance on Living History
Plus, Bill Clinton makes a ton from speaking.
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Adelante Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:25 PM
Response to Original message
12. They have plenty of money


Mostly made by Bill since he left the presidency.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:31 PM
Response to Original message
14. I love it when well paid people are called "public servants"
I made the same point about Biden. I figured that for his years in the Senate he had made $3 million. US Senators now make more than 95% of households thanks to generous pay raises that they give themselves. The Clintons are actually about as wealthy as Edwards, not that the M$M will spend much time telling you that.
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Muttocracy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:51 PM
Response to Reply #14
23. Biden's net worth less than $300,000
Edited on Wed Feb-06-08 05:52 PM by JoeIsOneOfUs

I don't know about Kucinich and Gravel but Joe is much less wealthy than the other candidates. No private jet for him.

Biden's wife (a community college professor) was in a car accident a while back - in her BMW - a 7 year old BMW. Compared to most lawyer-professor households, they're not that wealthy.

If I make $40,000 for 30 years, that's $1.2 million. Boy that sounds like a huge number. Does making a little under $40,000 make me really wealthy?
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 08:39 PM
Response to Reply #23
29. it makes you much wealthier than me
but only 1/3 as wealthy as Biden. Plus, something like 40% of US households make less than $40,000. And that's households, not individuals. In my first 13 years after graduating from college, I made a whopping $92,000. Lately though I have done better, up to $139,393 in the last 8 years. Take that over 30 years and it's something like $500,000.

I don't mean to pick on Biden, I just remember that an article claimed he was poor because he had spent so long in "public service". My point is that it was public service that paid pretty well, particularly lately. When I do public service it is more like what I just spent an hour updating the County party's website. I got paid nothing for that hour. Same for the two hours I spent working at last night's caucus. My public service doesn't even pay $5,000 a year, much less $165,000 a year.
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Muttocracy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 09:42 PM
Response to Reply #29
31. I guess I'm just sensitive about Biden
because he was my favorite candidate, and people would say snide things about him being wealthy from corporations giving him tons of money because he was in the Senate, when the opposite has been true. And he hasn't left the Senate to become a lobbyist and cash in on his experience. Compared to the Clintons' 35+ years, please don't pick on Biden for his wealth.

I realized I make more than entire household do in much of the country. On the other hand, my rent is more than a mortgage in many parts of the country, and I've made less working for nonprofits, government, and colleges than I would have in business (by choice and I'm happy with it). I'm also still paying off student loans and credit card debt from employment gaps, and don't feel wealthy for those reasons.

I'm not sure what people mean by "public service" I guess. It could mean government work, nonprofit work, any work that you're earning less than you could in order to do good? What you're describing sounds more like volunteer work to me - noble, but yeah, doesn't pay well.
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TheDonkey Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:36 PM
Response to Original message
15. Her man is bankrolling this.
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Proud2BAmurkin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:40 PM
Response to Reply #15
20. Kerry's rich wife bankrolled his
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:49 PM
Response to Reply #20
22. Actually, both statements are untrue. Only the candidate's assets can be loaned to the campaign.
At least, that's what I'm told. That means the maximum self-loan for the Clinton camp is about $15M, of which they've already used $5M.
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Eric J in MN Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 08:42 PM
Response to Reply #20
30. I wish that fortune had been spent to make Kerry president, but it wasn't.
Edited on Wed Feb-06-08 08:51 PM by Eric J in MN
Teresa could have moved some of her millions into a joint account for John Kerry to use for his presidential run. She didn't.

Update: Someone in another thread pointed out that Kerry loaned his campaign some money. I wish the family had truly spent their fortune on making him president, though.
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Bread and Circus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 08:11 PM
Response to Reply #15
28. Really? Is that very feminist?
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HeraldSquare212 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:37 PM
Response to Original message
16. Bill's speeches = $31M from 2001 to 2005.

Here's a list of the speeches and amounts paid. It seems the dollar amounts got split up over days in many cases; I don't know why that would be the case.

http://projects.washingtonpost.com/2007/clinton-speeches/list/
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mondo joe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:38 PM
Response to Original message
17. She was an attorney, she made investments, and she and her husband have made book deals
and have earned speaking fees.
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niceypoo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:39 PM
Response to Original message
18. Next time, do 45 seconds worth of research
http://www.washingtonpost.com/wp-dyn/content/article/2007/02/22/AR2007022202189.html">Bill Clinton earned $31 million in speaking fees between 2001 and 2005.
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:40 PM
Response to Original message
19. Same way a person (the other candidate) was broke and 8 months later
buys a 1.5 million discounted house and pay over 100 thousand for a strip of land....gee it happens....Oh if you are the other candidate no body questions you...they only slam Hillary.

By the way Bill Clinton got a 8M advance for his memoirs.
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:47 PM
Response to Original message
21. $8 million dollar book advance, plus plenty of other business opportunities in the last 7 years.
Some people talk about Bill's net worth, but I'm told that only Hillary's assets can be loaned to the campaign.
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 05:56 PM
Response to Original message
24. Her book sold very well.
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JSM Donating Member (1 posts) Send PM | Profile | Ignore Wed Feb-06-08 05:57 PM
Response to Reply #24
25. Behind every great fortune ...
Yes, she has done well with her investments.  Remember the
$100,000 she made on a $1,000 investment through cattle future
contracts. 

http://en.wikipedia.org/wiki/Hillary_Rodham_cattle_futures_controversy
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 06:26 PM
Response to Original message
27. I Can't Wait Till She Wins. My God Is Victory Gonna Be Sweet!
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Avalux Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 09:43 PM
Response to Original message
32. Bill!! And he will fund her campaign through favors to buddies.
I love the smell of corporatism on the eve of the convention.
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Catherine Vincent Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 09:44 PM
Response to Original message
33. She got it from her husband.
You remember big Bill don't you?
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AZBlue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 09:45 PM
Response to Original message
34. Book sales and speaking fees.
Mostly Bill but she's had books published too and had a bit of time where she could charge for speaking engagements.
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EffieBlack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-06-08 09:47 PM
Response to Original message
35. She was paid big money for her book - because her book had big sales
And her book deal was approved by the Senate Ethics Counsel.

No there there.
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