2016 Postmortem

Beacool

(30,250 posts)

15. The Clintons were the poorest couple to enter the WH in years.

Mon Jun 9, 2014, 10:16 PM

Jun 2014

Last edited Tue Jun 10, 2014, 11:09 AM - Edit history (1)

They didn't own a home of their own. Bill was making $35K when he was elected president. Hillary had been the breadwinner in the family. In the aftermath of the Whitewater investigation their legal bills were around $10M.

They didn't have enough money to buy the house in Chappaqua. Terry McAuliffe co-signed the mortgage and lent them money. By the time they left the WH, Hillary had already been elected to the Senate. Therefore, they needed a home in DC.

Have they made a lot of money after leaving the WH? Yes, they have. Did they have money when they left? No, they had a lot more debt than assets.

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Hillary Clinton Says Her Family Was ‘Dead Broke’ After Leaving The White House Read More Here: Http [View all] Purveyor Jun 2014 OP

dead broke is like destitute. The Clintons weren't. SummerSnow Jun 2014 #1

I'm not.... remember the dodging bullets lie? HooptieWagon Jun 2014 #14

Oh, yeah. Forgot that little gem of hers. blkmusclmachine Jun 2014 #17

Lucky she didn't have to settle for a burger flipping job. n/t Wilms Jun 2014 #2

Dead broke to Kelvin Mace Jun 2014 #3

And what was the debt at the time..... VanillaRhapsody Jun 2014 #4

According to other articles they were deep in debt OKNancy Jun 2014 #5

I don't begrudge them money but LiberalElite Jun 2014 #6

Would you like 5 million in legal debt? OKNancy Jun 2014 #7

I'm in debt - LiberalElite Jun 2014 #8

I've been there. It sucks the life out of you. OKNancy Jun 2014 #10

If I had that kind of debt customerserviceguy Jun 2014 #9

I would love to be 5 million in debt former9thward Jun 2014 #11

Donors ended up covering much of it. HooptieWagon Jun 2014 #19

+1 for truth in the matter. newthinking Jun 2014 #21

And an $8 million book advance? Sure. HooptieWagon Jun 2014 #22

I quite agree DFW Jun 2014 #24

recommend for the comments Leme Jun 2014 #12

She sounds like Ann Romney. HooptieWagon Jun 2014 #13

Did I veer into Free Republic? Beacool Jun 2014 #31

The Clintons were the poorest couple to enter the WH in years. Beacool Jun 2014 #15

Hillary has always been awesome in her clumsy use of words. Whisp Jun 2014 #16

The Clintons were never for want. Ridiculous to even suggest such an absurdity. blkmusclmachine Jun 2014 #18

Maybe in the 60s, 70s. HooptieWagon Jun 2014 #20

I would say that a $12M debt is a lot if one doesn't have the money. Beacool Jun 2014 #30

$12M in debt is nothing when you have $18M in book deals lined up. HooptieWagon Jun 2014 #33

I call. imthevicar Jun 2014 #23

I believe that the Clintons had enormous legal bills when they left office. Arkana Jun 2014 #25

Mostly agree, but there was no 'got lucky'. Erich Bloodaxe BSN Jun 2014 #27

Actually, that's the very definition of luck. Arkana Jun 2014 #28

We have very different definitions of luck. Erich Bloodaxe BSN Jun 2014 #29

Dead broke is busted flat in Baton Rouge, waiting for a train BeyondGeography Jun 2014 #26

+1 btrflykng9 Jun 2014 #37

"Dead broke" is when you don't know where your next paycheck is coming from tularetom Jun 2014 #32

Dead broke and dodging sniper fire. HooptieWagon Jun 2014 #34

Instead Of Attacking Our Own, Why Not Use Your Energy To Attack Republicans? Corey_Baker08 Jun 2014 #35

This........... Beacool Jun 2014 #36

My far right friend SmittynMo Jun 2014 #38