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The Hill and Bill Show; A $109 Million Performance:

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Good Morning Middle America, your King of Simple News is hot off the press.

U.S. NEWS: Bill and Hillary Clinton under public pressure revealed that they had made $109 million since the year 2000. The kindly, we detest the rich, Clinton’s hit the mother lode.

Bill it seems, since his romp in the office with Monica, has felt the need to redeem himself and give back to the nation he presided over by speaking to the horrible corporations such as IBM, General Motors, and Cisco Systems, finance giants such as Goldman Sachs and Lehman Brothers, and trade groups such as the National Association of Realtors and the Mortgage Bankers Association…for fees ranging from $100,000 to $450,000!

Bill Clinton has also traveled the world, giving paid speeches to multinational corporations, investment banks and motivational groups. Hey, why not get in on the big bucks? Who cares about Middle America, they’re toast anyway you cut it.

The campaign has said Clinton typically donates millions of dollars worth of free speeches to charities. Now wait a minute…millions of dollars and free speeches? Only a Clinton could say that and get away with it. You don’t suppose that those free speeches are recorded as millions in charity donations do you? Parish the thought.

There also seems to be a little windfall associated with Bill’s partnership with Yucaipa Global Opportunities Fund, a Los Angeles-based investment firm founded by longtime Clinton fundraiser Ron Burkle. (Just a coincidence).

Note the name Global Opportunities Fund, it seems the Clinton’s may have profited from Bill’s penmanship on NAFTA and the WTO. Income from this investment was reported as $15.25 million for the years 2003 through 2007. Not bad work if you can get it.

Don’t you just hate those big old multinational oil companies that make gross profits?

And then, the book deals which add more millions. The life of the starving politician just trying to serve our country is tough; but someone has to do it.

Obama made a million last year and Cindy McCain’s worth could exceed $100 million, while John receives a combined measly salary from Congress and his Navy pension of $225,300.

Oh, I should mention that Mrs. Clinton in a speech to North Dakota Democrat’s said, “I have absolutely nothing against rich people. As a matter of fact, my husband — much to my surprise and his — has made a lot of money since he left the White House doing what he loves doing most, talking to people.” And what a pleasant surprise that would be.

Can this thing get any worse? Bet on it.

 

www.kingofsimple.com

Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 

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Now what? by Mike Folkerth on Saturday, Apr 5, 2008 at 3:31:27 PM
Do you have no shame whatsoever? by ardee D. on Saturday, Apr 5, 2008 at 10:16:32 PM
Pull ya head in RD............ by Ernest on Sunday, Apr 6, 2008 at 8:48:31 AM
stick your head out a bit further by ardee D. on Sunday, Apr 6, 2008 at 9:56:59 AM
Ardee by Mike Folkerth on Sunday, Apr 6, 2008 at 10:09:12 AM
Oh Mike get serious, by ardee D. on Monday, Apr 7, 2008 at 7:12:59 PM
Jack by Mike Folkerth on Sunday, Apr 6, 2008 at 1:29:13 PM
Yet he makes some correct inferences by ardee D. on Monday, Apr 7, 2008 at 7:14:47 PM