Hillary's Five Million and Romney's 35 Million
Should Hillary and Mitt take up stamp collecting?
Hillary Clinton today said that she dipped into her personal fortune to lend the campaign $5 million of her money. Since runs for political office don't involve the retailing of widgets, the only way she will recover her money is if people in the future pays her off. As to what exactly those services will be remains for yet another scandal to unfold. But as a self-professed public servant for the last 35 years, what is the source of her millions? Simon & Shuster gifted her with $8 million for her tome Living History and Bill Clinton got another $10 million for his autobiography My Life. The horse trading, back room deals, and Whitewater and commodity bonanzas are sources of subterranean streams of lucre that is so much a part of the swampland politics of Arkansas and the White House. Money, of course, is the mother's milk of politics, and that the Clinton campaign is scrambling for dollars cannot be a good sign. This is especially true as Obama is outraising the Clinton campaign by a factor of three to one.
Of course, she is following in the footsteps of Romney, who loaned his campaign $35 million dollars from his quarter billion dollar family fortune. Perhaps Mitt can look back on his 1975 classnotes from Harvard Business School to consider his return on investment-- about $1.1 million dollars per delegate.
Could it be that there are cheaper hobbies out there for bored litigators and tycoons?
Hillary Clinton today said that she dipped into her personal fortune to lend the campaign $5 million of her money. Since runs for political office don't involve the retailing of widgets, the only way she will recover her money is if people in the future pays her off. As to what exactly those services will be remains for yet another scandal to unfold. But as a self-professed public servant for the last 35 years, what is the source of her millions? Simon & Shuster gifted her with $8 million for her tome Living History and Bill Clinton got another $10 million for his autobiography My Life. The horse trading, back room deals, and Whitewater and commodity bonanzas are sources of subterranean streams of lucre that is so much a part of the swampland politics of Arkansas and the White House. Money, of course, is the mother's milk of politics, and that the Clinton campaign is scrambling for dollars cannot be a good sign. This is especially true as Obama is outraising the Clinton campaign by a factor of three to one.
Of course, she is following in the footsteps of Romney, who loaned his campaign $35 million dollars from his quarter billion dollar family fortune. Perhaps Mitt can look back on his 1975 classnotes from Harvard Business School to consider his return on investment-- about $1.1 million dollars per delegate.
Could it be that there are cheaper hobbies out there for bored litigators and tycoons?
posted by My Mall & News at
9:14 PM
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