Wednesday, February 13, 2008

The Clintons: A Case Study In Money And Politics

Hillary Clinton's ability to loan her presidential campaign $5 million demonstrates how extraordinarily lucrative the post-White House years have been for the former First Lady and her husband.

While Clinton campaign aides are quick to point out that Mrs. Clinton could easily cover the loan from the $9.2 million she made in royalties from her bestselling book 'Living History', she made the loan by writing a check on a joint banking account she and her husband maintain, according to her staff.

'Living History' contributed less than a fifth of the money that the Clintons have earned over the seven years between 2001 and 2006, as documented in Mrs. Clinton's United States Senate and presidential financial disclosure reports -- a sum in excess of $45 million, not including the couple's earnings in 2007 or 2008.

The Clintons have become a case study in the interrelationship of money and politics, a relationship steadily strengthening in scope and magnitude.

A look at Hillary Clinton's financial disclosure reports over the last six years reveals the benefits available to those who hold high public office. Bill Clinton, for example, has become a political ATM, pumping as much as or more than $10 million a year into their joint account.

~ Read on... ~

 

No comments:

Post a Comment