Tuesday, June 10, 2014

Clinton

As a result of Hilary Clinton’s book some of her personal finances have become public. It appears the both she and her husband earn about $200,000 per speech and that along with book revenue has brought their net worth to around $100 million dollars. It was reported that Mitt Romney’s net worth was $200 million and he was roundly criticized for that. He made his money by making venture capital loans to struggling and new start-up businesses. I believe the difference is that Romney seemed distant from the ordinary people whereas Bill Clinton could feel their pain. It may make it difficult for Mrs. Clinton to run on the concept of income inequality but if the news media doesn’t press the issue she will likely be OK.

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