Clintons reported a net worth of $700,000 in 1992

[egalitegirl]

From Milwaukee News Sentinel, May 28, 1992

The net worth of Arkansas Gov. Bill Clinton and his wife, Hillary, increased significantly over the past two years to nearly $700,000, according to a financial statement the Democratic presidential candidate released Wednesady.
...
Their net worth at the end of 1989 was $418,692.

[SheilaT]

1. But let's not forget that they were dead broke when they left the White House.

[MariaThinks]

2. you think 700k is a lot? for two lawyers?

[Art_from_Ark]

20. Bill Clinton was not an active lawyer from 1983 on

His governor's salary was around $35,000 a year.

[MariaThinks]

22. yes, he took a lower salary to serve the public

how much hate to people have ?

[joshcryer]

9. They really were in the red, had to get a loan from Terry McAuliffe.

Ken Starr spent like 80 million trying to dig up something on the Clinton's, and all he could find was a BJ.

It was a dumb comment to be sure but Bill Clinton basically created the "get rich on speaking fees" paradigm. He gave several speeches a week for a decade. It almost killed him, literally when he got out of office he was doing one a day for like a year.

[egalitegirl]

10. Problem is conflict of interest

When your wife is a Senator and then Secretary of State when you go around giving speeches, it is conflict of interest. Public figures should stay at home when they have such obvious conflicts of interest.

[Stallion]

12. That is Non-Sense-A Ex-Preident Doesn't Have to Sit at Home Because His Wife has a Job

nm

[egalitegirl]

13. He doesn't have to sit at home

He can engage in businesses that do not have conflicts of interest. Those are the accepted international norms for politicians and their family members. Had this happened with Saddam Hussein, it is the white men of America who would have demonized him.

Public service by definition means you give up your private profits. You cannot be in power and at the same time assert your right to private profits by serving the wealthiest people in the country. Combine it with the fact that most of the legislation usually favors the same wealthy people.

Yes, he should sit it out or his wife should not take up the job. Public service has its pitfalls. That is why you have the word 'service' in public service.

[SheilaT]

14. More to the point, there was no way

they were going to stay "dead broke" because they knew each of them could give speeches for hefty sums. I believe Bill hit the lecture circuit just about immediately. Plus the Clinton Foundation came about immediately after he left the Presidency.

For most people "dead broke" means living in their car. They were so far from that situation that it's laughable.

And the lecture circuit has been highly profitable for decades. Bill Clinton did not create the "get rich on speaking fees paradigm". What he did was give pretty much one speech a day for a year or more. Which indicates greed to me more than anything else.

And even if their wealth was modest by some standards back when he entered the White House, it was still far above what the average American had then or now.

[joshcryer]

16. Of course.

Her statement was ridiculous, she knew she was set, just writing a book was profitable. That they had a friend who could give them a million dollar loan interest free, I mean, her statement was just dumb.

I do believe the sentiment, however. No one could have expected Bill Clinton to actually acquire a quarter of a billion dollars doing speaking gigs. If you told me back in 2000 that would happen I would have rolled my eyes. Name anyone who has done that.

And, more to that point, that Hillary herself started doing speaking gigs, I actually applaud her for going after such a lucrative endeavor after her husband showed how profitable it can be. More power to her.

[hollysmom]

11. more than I have now. But when I was married and we had 2 incomes it was different

divorce = 2 broke people, ha ha.

[Skwmom]

3. Well, they will probably be billionaires before it's over.

[IamMab]

4. Their stocks did well and their nearly $200K retirement account was included.

And since the retirement account is most of the $300K increase, what was your point again?

[bobthedrummer]

6. The money laundering thread: A DU collaborative investigation (July 2010) suggest you review this

for background, my new DU friend and all others that love the truth.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8716178

K&R.

[laruemtt]

5. "Public service" has certainly

been very profitable for them

[bobthedrummer]

7. Welcome to DU, egalitegirl!

[egalitegirl]

8. Thank you! n/t

[BreakfastClub]

15. And? I don't see how this matters one bit, unless we can only elect people who have no

money now? Is that the new standard Bernie has brought? LOL

[egalitegirl]

21. The standard Bernie has brought is honesty

The standard is honesty. Bernie has not exploited the public to make money for himself. When someone produces goods or provides services for society and gets paid in return and becomes wealthy, that is usually appreciated.

When a politician gets paid for giving speeches to Wall Street executives and the same politician has been in a position of power to influence legislation to benefit Wall Street, it is not considered hard earned money and is not appreciated. When POC do it, they are called corrupt. Whites should be held to the same standard. We should not support White Privilege.

[TumbleAndJumble]

17. Compare that to Bill and Hillary's now estimated net worth of ~$45 Million.

"...Her 2015 public presidential election filing revealed assets with a value ranging between $11 million and $53 million, and a Forbes analysis of the Clinton family's holdings suggests that their net worth is somewhere in the range of $45 million. Splitting the value of the shared assets in half suggests that Hillary Clinton has a net worth of roughly than $22.5 million..."


From this source: http://www.fool.com/investing/general/2016/02/27/what-is-hillary-clintons-net-worth.aspx

[Zynx]

18. So?

That's really not that implausible.

[NurseJackie]

19. Good for them!