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Old 06-10-2014, 09:39 AM #1
benji25
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Hillary claims they were "dead broke" leaving white house

http://www.realclearpolitics.com/vid... d_broke.html

So many places to start. My favorite "mortgageS for houseS".
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Old 06-10-2014, 10:18 AM #2
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Quote:
Originally Posted by benji25 View Post
http://www.realclearpolitics.com/vid... d_broke.html

So many places to start. My favorite "mortgageS for houseS".
And a close second:

SAWYER: But do you think Americans will understand five times the median income in this country for one speech?

CLINTON: Well, let me put it this way, I thought making speeches for money was a much better thing than getting connected with any one group or company as so many people who leave public life do.


Keep fighting that good fight, class warrior Clinton
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Old 06-10-2014, 10:32 AM #3
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CLINTON: Well, let me put it this way, I thought making speeches for money was a much better thing than getting connected with any one group or company as so many people who leave public life do.[/i]

Keep fighting that good fight, class warrior Clinton
What does that have to do with class warfare? She's making a 100% accurate statement about revolving door politics.
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Old 06-10-2014, 10:36 AM #4
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What does that have to do with class warfare? She's making a 100% accurate statement about revolving door politics.
She never answered the question....
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Old 06-10-2014, 10:48 AM #5
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She never answered the question....
If that's your qualm, then I have to ask - is this your first time reading about politics?
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Old 06-10-2014, 10:51 AM #6
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If that's your qualm, then I have to ask - is this your first time reading about politics?
No I was just trying to explain why I thought it was funny. I realize dodging questions is the first thing taught in how to be a politician 101.
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Old 06-11-2014, 08:58 AM #7
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You see, this is why politicians can't fix poverty. They have no idea what it's like to be broke. They don't know what it's like to wonder if you're going to have work next week, if you're going to have enough to pay the rent and put food on the table.

I'm not poor. I'm middle class. Lower middle class in this area, but middle class nonetheless. I will gladly trade my middle class for Hillary's "broke."
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Old 06-11-2014, 09:31 AM #8
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Hilary: Yea, we made over $14 million that year... but we were broke! We had mortgages on multiple houses and had to pay for our daughters private Ivy league tuition and had to pay for the lawyers for my husband's inability to keep little Willie in his pants. We were practically on welfare.
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Old 06-11-2014, 09:33 AM #9
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Back when I worked in another line of business, we called this "broke at a higher level". We'd see doctors and lawyers, mostly in my area, doing this. They had their waterfront house, the cabin up north, three high end cars, 1/3 ownership interest of an airplane, two boats, and so on. Along with that came three or four mortgages on the properties, high balances on several credit cards, assorted other loans, and come to find out the cars are leased. Through poor-ish money management, they had all the toys one associates with someone doing well, and the income to support part of it, but nothing sustainable.

I'd be, really, kind of disappointed if Bill and Hillary fell into that same financial trap. You'd think they'd have had better advisers pointing them in the right directions fiscally, or been bright enough to recognize it on their own.
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Old 06-11-2014, 10:11 AM #10
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What were their expenses in the White House? Free food, free housing, free healthcare, free security, free transportation . . .
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Old 06-11-2014, 10:11 AM #11
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Quote:
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What does that have to do with class warfare?
I cannot fathom that any wisdom she has to offer, crammed into a 2-hour speech, could be worth an order of magnitude over this country's average salary.

Quote:
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She's making a 100% accurate statement about revolving door politics.
So what of it?
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Old 06-11-2014, 10:11 AM #12
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Back when I worked in another line of business, we called this "broke at a higher level". We'd see doctors and lawyers, mostly in my area, doing this. They had their waterfront house, the cabin up north, three high end cars, 1/3 ownership interest of an airplane, two boats, and so on. Along with that came three or four mortgages on the properties, high balances on several credit cards, assorted other loans, and come to find out the cars are leased. Through poor-ish money management, they had all the toys one associates with someone doing well, and the income to support part of it, but nothing sustainable.

I'd be, really, kind of disappointed if Bill and Hillary fell into that same financial trap. You'd think they'd have had better advisers pointing them in the right directions fiscally, or been bright enough to recognize it on their own.
This is just a disconnect with "normal" people. Bill Clinton is a ****ing Rhodes Scholar. He isn't dumb. Their version of poor is so vastly different from "common folk"
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Old 06-11-2014, 10:16 AM #13
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Quote:
Originally Posted by Pump Scout View Post
Back when I worked in another line of business, we called this "broke at a higher level". We'd see doctors and lawyers, mostly in my area, doing this. They had their waterfront house, the cabin up north, three high end cars, 1/3 ownership interest of an airplane, two boats, and so on. Along with that came three or four mortgages on the properties, high balances on several credit cards, assorted other loans, and come to find out the cars are leased. Through poor-ish money management, they had all the toys one associates with someone doing well, and the income to support part of it, but nothing sustainable.

I'd be, really, kind of disappointed if Bill and Hillary fell into that same financial trap. You'd think they'd have had better advisers pointing them in the right directions fiscally, or been bright enough to recognize it on their own.
Being wealthy is oftentimes more an exercise in debt management than in dollars earned.
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Old 06-11-2014, 10:22 AM #14
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Being wealthy is oftentimes more an exercise in debt management than in dollars earned.
Appearing wealthy is oftentimes more an exercise in debt management.

You'll find that people who are actually wealthy are usually rather stingy with their money.
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Old 06-11-2014, 10:28 AM #15
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The truly wealthy people I know (and there's only a couple I know) spend their money pretty smart. And are overall smart about what they do and don't do with their money.
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Old 06-11-2014, 11:01 AM #16
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Appearing wealthy is oftentimes more an exercise in debt management.
Yeah, this is what I was getting at. I meant to put the word "being" in quotations.
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Old 06-11-2014, 11:33 AM #17
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The wealthy tend to be a parasite on the economy anyway so none of this is particularly startling.
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Old 06-11-2014, 11:41 AM #18
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How do you define "parasite on the economy"? Do you mean that the wealthy make more money from their businesses? Not sure I'm following that line of thought.

There's a difference between real wealthy people and people who think and act like they're wealthy.
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Old 06-11-2014, 11:47 AM #19
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How do you define "parasite on the economy"? Do you mean that the wealthy make more money from their businesses? Not sure I'm following that line of thought.

There's a difference between real wealthy people and people who think and act like they're wealthy.
They tend to spend their money on speculative investment. Speculation is always parasitic activitity.
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Old 06-11-2014, 11:47 AM #20
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How do you define "parasite on the economy"? Do you mean that the wealthy make more money from their businesses? Not sure I'm following that line of thought.

There's a difference between real wealthy people and people who think and act like they're wealthy.
That was my question.

I assume he means that the 1% are hoarding all the wealth.
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Old 06-11-2014, 12:04 PM #21
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I assume he means that the 1% are hoarding all the wealth.
What the ****? No.
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