Hillary Clinton: We came out of the WH "dead broke" and "in debt"

None of which contradicts Hillary's explanation as to why Clinton needed to do speaking engagements.

 

Um, so? How does that affect the accuracy of Hillary's statement?

She wasn't asking for pity; she was answering a question as to why she started giving big-fee speeches.

Yes, that's the partisan version of what I just wrote.

I don't find what she said either outrageous or a lie. "Struggling" was an overstatement, but the fact remains that they left the White House with a negative net worth (not counting retirement accounts, which aren't touchable for day-to-day expenses).

 

Yes, I believe I stated it was a loan guarantee, not a loan.

 

Many on the left had no belief in God. To fill that void, they turn to their politics as a religion. It is how such louses like Obama and Clinton can have a worship base.

Rape, Thievery, outright lies, subversion.... none of it matters. They have "the faith"!

 

Thanks for pointing out how many of the left turn to politics as their religion. We certainly wouldn't expect many on the right to do such a thing.

 

You do understand that your photo is not a religious one buy an inspirational one? If it was Jesus with his hand on GW's shoulder, you would have a point. But, you missed big here. You may now continue with your propaganda laced posts and your cherry picked data for your backwards economic views.

 

Wait, you said the Left substitutes politicians for God. He showed you an image of Bush being treated like a religious personage. Since we're talking about *substituting* politicians for religious figures, it would make no sense for Jesus to be in the picture. That would not be substituting.

 

They were broke because they had to pay taxes on public income, the Republican's use business loopholes to avoid taxes on private income..

 

So Bush standing in prayer with the ghosts of Washington and Lincoln praying with him is simply an "inspirational" photo, while for the left it is substituting politics for religion.

Got it. The subtleties of RW positions can be downright enigmatic.

 

So what, the debt was quite serviceable and you don't know it was $10 million it could have been less and they took until 2004 to pay it off. They were not "broke"

And Hillary has always been about money thus Whitewater, Castle Grande and the Cattlegate.

Are you counting the income from her previous 3 books including "It Takes a Village" which was a big seller?

Most understand she was lying again, they did NOT leave the White House under any concerns about money or their financial future.

 

When did any religion invoke the ghosts of Lincoln and Washington?

A halo however.... meh... you will never admit when you are wrong. But, hey... thanks for playing.

 

He put up the $1.35 million they need, he did not just guaranty he put the cash interest free to them. So yes they got the $1.35 million needed interest free, they did not struggle to get a house it was delivered to them on a silver platter.

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Who said otherwise, it is the way she tried to claim destitution and struggle when in fact they had none of that.

 

Still a loan guarantee.

 

Maybe they were just meditating.

 

It was signed and sealed before they left the White House, her attempts to claim so great financial cloud they were under is laughable at best.

Yes, the did not leave the White House under some great financial struggle.

Yes which were guarantied, they had NO problem servicing their debt and got out from under it rather quickly.

Yes she created a false narrative to hide the fact they wanted to make LOTS of money and they have made LOTS Of money.

 

No, because they donated those royalties to charity.
http://www.nytimes.com/1997/04/15/us/clintons-earned-1-million-in-1996-including-royalties.html
http://articles.sun-sentinel.com/1999-04-14/news/9904140102_1_clintons-gores-tax-returns

 

Think of how much time they spent on Romney's "10,000 dollar bet" line, and how out-of-touch he was with the common Democrat voter. The Clinton's apparently believe they were "dead broke" upon leaving the White House.

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They would come to the conclusion that the President would almost certainly make a lot of money in his post-Presidency years writing books, giving speeches, etc, and would disregard any attempt by that President to make it seem like he was a struggling bill payer.

 

Not quite.
http://www.nytimes.com/1999/09/03/nyregion/with-some-help-clintons-purchase-a-white-house.html


The Clintons, indebted by over $5 million in legal bills from the investigations that have marked the Clinton Presidency, were able to buy the white-shingled, five-bedroom home in Chappaqua after Mr. Clinton's chief fund-raiser, Terry McAuliffe, personally secured the loan.

The White House said that Mr. McAuliffe had put up $1.35 million of his own money with Bankers Trust. Under the terms of the mortgage, Mr. McAuliffe will get the money back, with interest from the bank, once the Clintons pay back the mortgage, or, as is more likely, refinance it in five years.


So no, it wasn't an interest-free loan: it was a security deposit at the bank holding the mortgage. And no, the house was not delivered to them on a platter: they still had a hefty mortgage to pay.

 

I'd love to be that "dead broke", LOL

 

No one disputes that, thanks to the money from their books and speaking engagements, they were able to get out of debt within a few years.

But they didn't have those assets to pay the bills until after they left the WH.

 

Okay. Take that package and strap on $10 million in debt on top of it.

At 4% interest, your entire salary would go toward paying the debt service.

 

if they were broke after 8 years in the white house then maybe we should pay them more..like a billion dollars a year..or maybe we should vote for smarter people...

 

It has everything to do with what you wrote. Please try to understand without the Senate the House can propose and pass any bill they like and Harry Reid can kill it whenever he wants.

Obama's first 2 years had super majorities in both the House and the Senate. This is when he did the most damage. Bush's last 2 years your democrats held both the House and Senate. This again is when the debts began to rise.

The truth matters.

 

Do the dictionary:


broke
[brohk] Show IPA
verb
1.
a simple past tense of break.
2.
Nonstandard. a past participle of break.
3.
Archaic. a past participle of break.
adjective
4.
without money; penniless.

Having millions of dollars is not penniless no matter what they owed.

 

Thanks for reminding us. We remember what deficit hawks those Republicans were when Bush was selected for the WH.

Year - Spending - % chng - Total surplus/deficit
2000 1,789.0 5.1% +236.2
2001 1,862.8 4.1% +128.2 <- Bush takes office
2002 2,010.9 7.9% -157.8
2003 2,159.9 7.4% -377.6
2004 2,292.8 6.2% -412.7