Were did Hillary Get $5 Million for her Campaign?

[Obamaman2008]

Nobody ever gave me an answer to this question, and I would like to know. She only makes $200K a year.

[Gore1FL]

1. The Clintons are loaded now

He makes 200-300 grand a speech.

[MadBadger]

3. That Loan was her money

[Obamaman2008]

8. From where?

She only makes $200K a year. 5 Million from her husband is illegal.

[MonkeyFunk]

9. She made many millions off her autobiography

[WillYourVoteBCounted]

10. words are cheap, except when she charges for them

:sarcasm:

[MonkeyFunk]

51. She made at least 10-12 million from her autobiography

http://www.nytimes.com/2006/06/15/nyregion/15clintons.html?_r=2&oref=slogin&oref=slogin


And that was an estimate from a year and a half ago. She's undoubtedly made more since.

[Obamaniac]

56. I doubt she banked 10-12 million.

I think she made that much total. Remember that she still has to pay taxes and her agent and she had to pay off steep legal bills.

She pocketed $5 to $6 million tops. Then she bought that house in Washington...

She didn't have $5 million to lend herself.

Bill Clinton makes a lot of money now, but I think they keep their money separate.

[MonkeyFunk]

61. You "think" they keep their money separate?

And that's the basis for assuming she did something illegal or unethical by lending her campaign the money?

LOL.

[Gore1FL]

13. Doesn't a marriage make it community funds?

[Obamaman2008]

16. No, it has to be her money, otherwise it is like getting a larger than

$2,000 donation. If it is her money, it would be fine, but not his. And she didn't have $5 million.

[Gore1FL]

20. Well, apparently she did.

But it is also a loan, not a donation.

Kerry got a loan in 2004. McCain got one this year.

If there were illegalities to it, a lot of stink would be made over it that just isn't seeming to be materializing anywhere.

[pnwmom]

53. It IS her money, as soon he puts it in their JOINT checking account.

That's the way it works with married couples and a joint checking account. All the money belongs just as much to each member of the couple and either one could empty out the account without the consent of the other.

He can't donate more than $2,000 to Hillary Clinton's CAMPAIGN. But he can put any amount into his and his wife's PERSONAL joint bank account, and she (or he) can withdraw any amount and spend it on anything.

[pnwmom]

28. Spouses can make unlimited personal gifts to each other. n/t

[MadBadger]

30. I dont know where, she wont release those tax returns.

[casus belli]

6. So much for "Speeches don't put food on the table" n/t

[Stand and Fight]

2. Her book, Bill's book, speech money... Get a grip. n/t

[Obamaman2008]

7. If she did that it is called illegal

She is not allowed to use Bill's money for her campaign. That is illegal. She can only use her own money.

Her book only made $7 million, after taxes that put her a million or two shy assuming she spend nothing else.

[MonkeyFunk]

12. She got an 8 million dollar advance for the book

and it was a huge best-seller.

Plus, the Clintons may well have many more millions in joint resources that she could use.

[Obamaman2008]

18. So she didn't pay taxes on it?

If she did, she didn't have $5 million left over, unless she didn't eat or spend any of it. And she only made $7 million. So she had about 4.4 million.

[nomorewhopper]

24. they likely have a very low tax burden due to sophisticated investment techniques

which is probably why they aren't releasing tax returns, just a guess.

[MonkeyFunk]

52. An advance isn't the full amount

she's made at least 10-12 million on her book, and likely more.

You know how I found out?

By using Google: search for: Hillary income autobiography

A story right there on the first page tells you the answer. Why make up shit when it's so easy to find out the truth?

[MonkeyFunk]

33. I said

the Clintons also probably have millions in joint assets.

[Stand and Fight]

43. You come on here, out of the blue...

With one objective -- to cause trouble.

These people have been in high powered positions for years, do you really believe they'd not easily have $5,000,000? :eyes:

You're highly suspect in your leaps in logic...

[pnwmom]

29. It's hers to spend as soon as it goes into their joint checking account.

He can give an unlimited amount to her personally (or into joint accounts). Then she owns it, and can do whatever she wants with it.

[Stand and Fight]

42. Guess you must either not be married or not have a joint account...

Because most people have joint accounts with their spouses, and when they do there is normally little to no tracking of what money belongs to who... Just saying. Be reasonable.

[redstate_democrat]

4. I'd like to know this too

but I caught a glimpse of her senate "financial record" and it looks like MOST of their income came from Bill Clinton's speeches around the world to wealthy CEO types and foreign organizations. I bet that five million dollar LOAN was made possible by the many foreign entities that paid Bill to talk about whatever. WHY won't she release her tax returns? What does she have to hide? It seems rather unseemly to say the least. It is obvious that she has waayyyy more money than the average Democrat. I guess the Bush years have been very good for the Clintons. I can't say the same.

[Stand and Fight]

44. Of course YOU'D like to know this....

How convenient! :eyes:

[FrenchieCat]

5. We don't know, because we don't get to see the tax return......

No Disclosure: Presidential Candidates Defy Tradition, Refuse to Release Taxes
Since Watergate, Only Clinton Refused to Release Income Information

"When you run for president, you really have to open yourself up to the American people," said Mary Boyle, a spokeswoman for Common Cause, a government watchdog group. "If you're asking voters of this country to elect you as president, it's reasonable and rational that your tax returns are made public."
http://abcnews.go.com/Politics/Story?id=3165953

[MonkeyFunk]

11. stop being foolish

her senate financial disclosure statements will tell you what you need to know.

If she gets the nomination, you'll see her tax returns - just as it's always been done in the past.

[Stand and Fight]

45. I used to respect you a great deal...

However, you seem to have lost your objectivity in your obvious deep-seated hatred of Hillary and Bill Clinton. Pity that.

[CorpGovActivist]

14. Ask Vinod Gupta, or...

... check out the Washinton Post's ongoing series of stories into Bill's speaking fees (especially who the fees are coming from).

- Dave

[nomorewhopper]

15. How much did they make last year? (hint: 100 mil)

ok, i don't know honestly how much they made last year, but whatever it was, it was astronomical.

i've heard that they made 40 mil. he's making 200-300k a speech. i forget which clinton got the 9k book deal advance. at this point the clintons are operating on a differnt plane. board members of everything, etc.

the clintons are flush with cash, $5mil is literally a drop in the bucket now. i think that most of their money is fairly liquid, meaning that htey have divested their savings to avoid any conflict of interest, so its easy to spend. unlike john kerry who basically only had his wife's cash, which was all tied up in every manner of investment.

mitt was BUTT loaded, could buy the clintons a few times over i believe. i heard he spent 40 mil of his own money on the campaign. could that possibly be right??

[Obamaman2008]

17. She CANNOT use HIS money, ONLY HERS, and she makes only 200K

Bill Clinton cannot give her 5 million for the campaign, that is illegal. Even if it is family. There is a limit of $2,000

[nomorewhopper]

21. she had a huge book deal didn't she? like 9mil advance alone?

btw i dont know much about campaign finance. you sure that she cannot use her income to finance the election? if he gave her significant monies in her name in the past, would htat be eligible? inherited fortunes, can you use those?

[FrenchieCat]

23. But she's above all of that......just like Bush.

and she's also above plagiarism charges, even when she does it!

http://www.oliverwillis.com/archives/2008/02/18/clintons-plagiarism-charge-fal/

[pnwmom]

41. He cannot give $5 million to her campaign, true. But he can give her personally

anything he wants. And then she's free to spend it as she wishes.

[dailykoff]

19. I would love to know this too.

Apparently Ferdinand and Imelda have really been socking it away.

[emilyg]

27. Your ugliness contributes nothing.

[dailykoff]

35. Her shoes are gorgeous.

All 12,000 pair. :)

[donheld]

22. She has written some best selling books

That should have given her a great deal of money.

[Obamaman2008]

25. $7 million before taxes

[MonkeyFunk]

50. Wrong

it's estimated she's made 10-12 million from the book, and that was over a year and a half ago. She's certainly gotten more royalties since then.

http://www.nytimes.com/2006/06/15/nyregion/15clintons.html?_r=2&oref=slogin&oref=slogin

[CorpGovActivist]

26. Did she? Or did her ghostwriter work 9 to 5 for her? n/t

[donheld]

36. I'm sure Hillary got the lion's share of the money

The ghost probably got a ghost paycheck, and a cookie and that's it.

[Stand and Fight]

46. Cheers to you.

You may support Obama, but at least you're remaining objective. I saw a thread on here tonight -- from some crappy right-wing rag of a site (obamatruth.org) and even though I am a Hillary supporter I hated the site and said so... It seems to me that too many DUers are so caught up in taking sides that they've altogether abandoned objectivity and keen analysis. Sad really -- especially when it is some long-time DUers whom I USED to respect a great deal.

Thank you for being objective -- it is refreshing in today's environment.

[donheld]

49. If we'd only stick to the truth

we'd get a lot further in life. I've seen too many lies from all sides too. Lying doesn't do anybody any good.

[pnwmom]

31. Do you really think Hillary would be this stupid? That you discovered a $5 mil

scandal?

As someone else said, get a grip.

In a marriage, spouses are allowed to share any money. His money becomes her money and hers, his. Then she's free to loan as much of her (or their) money as she wants.

[MadBadger]

32. Then why doesnt she just release her tax return?

[MonkeyFunk]

38. She has said

she will if she's the nominee. That's the way it's always been done.

You guys are inventing some new requirement that all candidates for the nomination now have to do it, but that was never how it was done in the past.

[pnwmom]

40. I don't know. But she'd never think she could get away with something

as blatantly obvious as people here are accusing her of.

[Obamaman2008]

34. Yes but not in a campaign, you obviously don't understand

that about campaign funding laws. She cannot do that. Even your Huband and children are limited to $2,000, that is the LAW.

And yes, I think Hillary would be involved in a scandal, it isn't that much of a streach. If Hillary didn't make the $5 million loan, she would not be in the race at this point would she? That is what got her thorough Super Tuesday. And since she doesn't have to show this until AFTER the nomination, she wouldn't have to worry about the legalities until much later.

[pnwmom]

37. That law applies to separately owned money, not co-mingled funds.

Bill Clinton can't write more than a $2000 check out of his "Bill Clinton" bank account.

But Bill Clinton can deposit anything he wants into his and Hillary's joint "Bill and Hillary" bank account.

Then either Bill or Hillary are free to use those funds the same as they would their own personal funds. Bill could withdraw $5 million from their joint account and use it to buy an extra house if he wanted to. Hillary could withdraw $5 million and lend it to her campaign.

[redstate_democrat]

39. Well, well, well

Hillary used Bill's "cheap words" to fund her campaign. I guess "speeches do put food on the table" and fund failing campaigns too. But bill's words have action behind them...you know, action like paying for attack ads and hit pieces on the Internets. Bill's cheap words garner him about 250k a speech. That's probably like a thousand dollars a sentence. Those words seem mighty expensive to me!

[MonkeyFunk]

48. Nope

nobody knows that. That's just one possible answer.

She's made many millions off her books. Her advance for the autobiography was 8 million - she may have gotten more than that. That's just the advance. She was also a successful lawyer for years.

[Stand and Fight]

47. Two words for you: JOINT ACCOUNT

Is that so difficult to understand?

[pnwmom]

54. Apparently it is.

:shrug:

[Jonathan2000]

55. Once you are rich and famous, it’s pretty easy to make big money.

I am more troubled by the money they made when they had little.

[catgirl]

57. Read this

http://news.yahoo.com/s/bloomberg/20080219/pl_bloomberg/akd3k5dmu3sy;_ylt=ApiDSGwnUYidFJmmMARCWbas0NUE

[Perry Logan]

58. She sold some speeches to Barack's campaign.

[workinclasszero]

59. Check Hillary's tax returns

Oh wait...:eyes::eyes::eyes:

[ShortnFiery]

60. Perhaps from his ultra-wealth Canadian Buddy? BREAKING NEWS!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x4657630

Clinton FREELY Used Canadian Investment Banker's Plane (Giustra's), Opened Doors for Mineral Deals

http://news.yahoo.com/s/bloomberg/20080219/pl_bloomberg/akd3k5dmu3sy

Bloomberg.com
Feb 19, 2008

On June 21, 2005, Bill Clinton flew to Mexico City aboard a private jet that belonged to a Canadian investment banker he was meeting for the first time. The introduction paid off for both men. Clinton was borrowing the jetliner to begin a four-day speaking tour of Latin America that would pay him $800,000. Frank Giustra of Vancouver was forming a friendship that would make him part of the former president's inner circle and gain him introductions to presidents of Kazakhstan and Colombia, where he bought mineral rights.

Giustra, 50, has since put his plane at Clinton's disposal at least a dozen times to raise money for charity, his wife's presidential campaign or himself, according to U.S. flight records and spokesmen for Clinton and Giustra. The Canadian businessman has become one of the largest donors to the Clinton Foundation, pledging half his future minerals earnings in a way that ties the foundation's success to his own.

``If former President Clinton is making decisions about where to put the charitable efforts of the Clinton Foundation based even partly on where he's likely to benefit personally, or see his friends benefit, then that clearly is a classic conflict of interest,'' says Aaron Dorfman, executive director of the National Committee for Responsive Philanthropy in Washington.

Three months after Clinton and Giustra met, they traveled around the world together on a trip that included a stop in Kazakhstan where Clinton introduced Giustra, who was closing in on a $425 million mining investment there, to the Central Asian country's leader. Giustra made millions on that deal.

---------

The dark and jaded side of me wonders if they may have PARTIED :party: together and if the Republicans have some video footage. :shrug: