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View Full Version : Clinton Writes Off $13.2 Million Loan to Campaign




Primbs
12-22-2008, 02:57 PM
http://www.bloomberg.com/apps/news?pid=20601087&sid=a33YvqB4RHSM&refer=home

"The senator and her husband, former President Bill Clinton, released income tax returns during her presidential campaign that showed the couple earned $109 million in eight years. Their annual income rose to $20.4 million in 2007 from $420,000 in 1999. Almost half the Clintons’ income during those years, $51.9 million, came from the former president’s speeches"

"The former president was also paid $29.6 million in royalties and an advance for his autobiography, and Senator Clinton received $10.1 million in book royalties and advances."

"You don't have to be a hypocritical Clinton-hater to be concerned about Hillary Clinton's lucrative relationship with Viacom."

"All such differences aside, there remains the broader issue of any elected official accepting such an enormous emolument from a corporate special interest."

"According to a study last spring by the Center for Public Integrity and the Columbia Journalism Review, Viacom and its CBS subsidiary are among the top five spenders on lobbying in the media industry. Its concerns range from regulation of mergers, satellite broadcasting and televised violence to taxation of the Internet. Its lobbyists helped to kill the President's courageous 1998 proposal that broadcasters be required to provide free air time to political candidates as a condition of their license. That idea, which probably cannot be achieved without Congressional approval, remains the foundation for real campaign-finance reform."

http://archive.salon.com/politics/feature/2000/12/19/clinton/index.html

Kludge
12-22-2008, 03:03 PM
Pffff, $109 million wouldn't even pay a month of operating the USPS.