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Bill and Hillary Clinton net worth: How the former First Couple got out of debt and became multimillionaires – EconoTimes

One of the most surprising things about Bill and Hillary Clinton is that they were broke and in debt when they left the White House in 2001. But whats even more interesting is that the former First Couple managed to turn the financial situation around and became multimillionaires in just a decade.

The Monica Lewinsky scandal left them broke

I left the White House $16 million in debt, former president Bill Clinton told NBCs Craig Melvin during an interview which tackled the Monica Lewinsky scandal, CNBC reported. Clinton was millions of dollars in the red due to the legal fees.

Apparently, Bill Clintons salary cant keep up with his mounting legal fees. The presidential salary of $200,000 had been overwhelmed by defense attorneys fees for scandal investigations, the impeachment proceedings against Bill Clinton and action to suspend his Arkansas law license, NPR reported.

Clintons quick financial rise

But Bill and Hillary Clinton quickly bounced back financially. Three years after they became dead broke, they were able to pay off all of their debts by 2004. When Hillary ran for the presidency against Trump, Forbes estimated her net worth at that time to be $45 million.

The Clintons were able to quickly reverse their financial situation via multimillion-dollar book deals and paid speeches. The couple reportedly earned more than $153.7 million in paid speeches from 2001 to 2015.

Book deals were also a major source of earnings for the Clintons. For her book Living History, Hillary Clinton reportedly got an $8 million advance while Bill Clinton got a $10 million advance for his book My Life.

The Clintons net worth

Hillary Clintons net worth is estimated to be over $45 million, according to Express. Meanwhile, Bill Clintons estimated net worth is almost twice that of his spouse at $80 million. Combined, that means that the couple has around $125 million.

Their daughter, Chelsea Clinton, is likewise a millionaire with a net worth of about $15 million. Fresh out of graduate school at Oxford University, she is now employed with McKinsey & Co earning $120,000.

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Bill and Hillary Clinton net worth: How the former First Couple got out of debt and became multimillionaires - EconoTimes

Democrats have a problem: You – Boston Herald

Hey Democrats dont shoot the messengers!

The party of Hillary Clinton is doing what it does best: pointing the finger. But this time the Dems arent blaming President Trump or Russian bots or even James Comey. Instead, the liberals are turning their rage toward voters. The folks from the New Hampshire primary and the Iowa Caucus (all those deplorable-credulous-boomer-rubes) are under fire from the woke warriors.

In fact, the far left dislikes these voters almost as much as they hate the electoral college. The night of the Iowa Caucus, the L.A. Times ran an opinion piece titled, Forget the Oscars, the real diversity problem is #IowaCaucusSoWhite.

It turns out the Democrats should have spent less time focusing on the voters skin colors and more time troubleshooting that pesky voting app.

But there is no time for self-reflection when youre trying to take down President Trump.

The app isnt the problem Iowa is!

DNC chairman Tom Perez expressed concern over Iowa and N.H. going first in the process: I think the time is ripe for that conversation. I want to make sure that we reflect the grand diversity of our party in everything we do.

It is a classic move from the Democrat playbook: If you cant win the game, just move the goalposts.

This lack of accountability is dazzling. The liberals do not see their lame candidates or radical agendas as the problem.

No it is the people who do not embrace all of their lunacy with open arms who are the real problem.

When all else fails, progressives turn to identity politics. Sure, New Hampshire and Iowa are home to plenty of Democrats. But that is no longer enough.

For the political party that includes Rep. Alexandria Ocasio Cortez and Rep. Ilhan Omar, the real question has become are the New Hampshire/ Iowa Democrats progressive enough?

After all, who knows what kind of moderate Dems are lurking around in the dreadful Granite State. While Live Free or Die Dems might like Bernies pro-choice stance, could they be potentially scared off by his fondness for open borders and Medicare-for-all?

Sure, some of those Democrats voted for Hillary. But is there even a slight chance that these working folks would have the audacity to think of their 401(k)s and vote in their own financial interest? That is a risk the liberals are no longer willing to take.

So the answer is clear. The first caucus should be held in California.

The Golden State, according to Dems, is far more reflective of the country. Or at the very least, the country they envision.

Whether it is squatters relieving themselves on the streets, sanctuary cities or sky-high taxes Nancy Pelosis home state is a beacon of hopelessness that the Left can count on.

Do you think anyone who voted for Adam Schiff is going to be tempted by a good economy or a booming stock market?

Think again.

Rep. Maxine Waters, another perfect example of West Coast excellence, argued that California should replace Iowa as the first caucus in 2024. Her reasoning, while ridiculous, was at the very least honest.

I think my state is extremely important, and that is why we moved up our primary. As you know, we have candidates who fly out to Los Angeles from everywhere to raise money. As a matter of fact, it had gotten so you would have two, three, four at a time in Beverly Hills having dinners and some of our contributors, who were very rich, were holding, you know, fancy parties trying to accommodate the requests for donations and contributions.

Hard to argue with that logic!

If Gwyneth Paltrow can co-host a lavish fundraiser for Mayor Pete Buttigieg in L.A. then surely she deserves to have more of a say in our political process. I dont know why the Founding Fathers didnt add that to the Constitution.

The reason these liberals hate that Iowa and New Hampshire get the spotlight every four years is the same reason they hate the electoral college: Both processes give a voice to the parts of the country that people like Elizabeth Warren do not understand and more importantly dont care to. Rather than try to understand those voices, the tolerant left would much rather silence the noise.

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Democrats have a problem: You - Boston Herald

Dems still haven’t figured out what went wrong in 2016 – Newsday

Things are not going swimmingly for the Democrats right now.

President Trump was acquitted in his impeachment trial, and he gave a State of the Union address that made Democrats feel like the hapless Japanese military as they watched Godzilla stroll through downtown Tokyo. His polling is up to historic highs (though in fairness, Trump's approval rating is historically low for a president's historic highs), and the economy is roaring.

Meanwhile, the only thing that could have made the Iowa caucuses more disastrous would have been an outbreak of the coronavirus. The Democratic candidate the White House fears the most Joe Biden appears to be tanking, and the candidate the White House most wants to run against Bernie Sanders appears to be pulling out in front.

What's going on?

I have a theory. Or rather, I'm persuaded by a theory I picked up from Denver University professor of political science Seth Masket, author of the forthcoming book "Learning From Loss: The Democrats 2016-2020." The Democrats can't figure out what to do next because they still haven't figured out what really went wrong the last time.

Every four years, one of the parties loses the presidential race. As the party pooh-bahs and political pundits play the blame game, a rough consensus quickly emerges about why the party nominee lost. Sometimes the most self-serving explanation wins out: It was all the candidate's fault. The election was winnable, and our ideas are great, but our nominee just couldn't make the sale.

But sometimes the postmortem is coldly empirical and data-driven. We failed to connect with suburban voters. We didn't turn out our base in Michigan or Ohio. We never came up with a good response to those attacks. And sometimes a consensus emerges that the party itself is ideologically out of touch with a majority of the electorate.

Bill Clinton beat the incumbent president, George H.W. Bush, in 1992 for a number of reasons, but one of the main ones was that the party recognized that its previous two nominees Walter Mondale and Michael Dukakis seemed too beholden to special interests and too committed to liberal orthodoxy. Clinton ran as a "different kind of Democrat" who went out of his way to shoot some liberal sacred cows.

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Twenty-four years later, his wife was the nominee. Hillary Clinton lost the election but not the popular vote. Were it not for some 78,000 votes in five counties four in Florida and one in Michigan Clinton would have won the Electoral College tally as well. Such a close election made it harder to understand what went wrong.

In statistical terms, this is white noise well within the margin of error. You can blame the Russians for Trump's victory, or you can blame the weather, or you can blame Clinton for snubbing the state of Wisconsin. In other words, you can pick whichever theory supports your idea of what the party should do next.

Clinton did not take her defeat well and spent much of 2017 offering self-serving theories about who or what was to blame, from sexist men and self-hating women to voter suppression and fake news to, of course, the Russians. This made a sober accounting of the Democrats' loss even harder.

And then there's the Bernie factor. Sanders lost the primaries in 2016, but it's like he never got the memo. He and his supporters took their surprisingly strong showing to claim a mandate for changes to the party (particularly in Iowa, which is one reason for the disaster there).

There's also the fact that Trump won despite most polls predicting a Clinton victory. This shock, Masket writes, "undermined many activists' longstanding beliefs about just what sorts of candidates are electable."

Add in the fact that the last winning Democratic presidential candidate, Barack Obama, won not by running to the center the way Bill Clinton did but by turbocharging the turnout of the Democratic base, and you can see why many Democrats think that's a winning strategy this time around. That's certainly Sanders' bet. Indeed, for most of the last year, nearly all of the Democratic candidates were fighting in Sanders' lane and working under the same theory.

But Obama won in 2008 thanks in part to a severe economic crisis and an unpopular war. He was also a compelling candidate. None of that applies today. Actually, the situation is something closer to the reverse.

The Democrats desperately need a candidate who gives moderates and Trump-exhausted Republicans an excuse to oust an incumbent in a time of peace and prosperity. The Trump team understands this, which is why it's trying to bury Biden and boost Bernie. Unfortunately for the Democrats, they can't see it.

Jonah Goldberg is editor-in-chief of The Dispatch and the host of The Remnant podcast. He wrote this for Tribune News Service.

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Dems still haven't figured out what went wrong in 2016 - Newsday

Car Insurance 2020 Tips: What Are The Best Car Insurance Plans For A Family? – Yahoo Finance

LOS ANGELES, CA / ACCESSWIRE / February 14, 2020 / Compare-autoinsurance.org has released a new blog post that explains which are the best plans for a family and how these plans can help families save money.

For more info and free car insurance quotes, visit http://compare-autoinsurance.org/best-auto-plans-for-a-family/

It is not unusual for a household to own 2 or more cars. In fact, it is quite common, since both parents may have different jobs, and the kids need to be in different locations. Selecting the best plans for a family becomes an urgent matter, given the current average cost of car insurance. Find out more and get free car insurance quotes from http://compare-autoinsurance.org

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org

"Accessing multi-vehicle plans is usually the best solution for a family with multiple cars. However, it is recommended to get quotes and compare prices first", said Russell Rabichev, Marketing Director of Internet Marketing Company.

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View source version on accesswire.com: https://www.accesswire.com/576475/Car-Insurance-2020-Tips-What-Are-The-Best-Car-Insurance-Plans-For-A-Family

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Car Insurance 2020 Tips: What Are The Best Car Insurance Plans For A Family? - Yahoo Finance

Bloke forks out 12m, hands over keys to tropical island to shoo away claims that his web marketing biz was a scam – The Register

An Australian fella who made bank from thousands of military veterans and retirees through a 21-step proven system of internet marketing must cough up 12m ($16m) in settlements and is banned from selling any similar programs in future.

These arrangements were announced this week following an initial ruling against My Online Business Education (MOBE) back in June 2018, when a US watchdog noted that the company was charging a 38 ($49) entry fee for the program, which consisted of a series of videos and endorsements from happy members. In short, MOBE was accused of fraud.

Those who signed up were then bombarded with sales pitches for membership packages that costs much more sometimes into the thousands but would walk them through the remaining advanced steps of the "educative" program.

At the end of the process, and having handed over as much as 23,000 ($30,000), the system was eventually revealed like a bad TV pilot to be the exact one they had just gone through. Customers were then encouraged to start selling the self-same scheme to others, on commission.

MOBE took out a vast number of online ads, extensively used social media, and ran live events in its bid to target independent would-be entrepreneurs and banked hundreds of millions as part of the scheme, with that money transferred to offshore bank accounts, America's Federal Trade Commission discovered.

The scheme involved at least 18 corporate shell companies in Australia, Costa Rica, Fiji, Hong Kong, Malta, and the United States. All the US entities involved were payment processor companies that shifted funds from Americans to accounts in the other countries.

The main company, we're told, was based in Malaysia and run by Australian Matthew Lloyd McPhee. McPhee agreed to pay $16m from his personal and company accounts, and to surrender real estate he owns: Bounty Island in Nadi Bay, Fiji; the Sunset del Mar Resort in Costa Rica; and two apartments in Kuala Lumpur.

He is set to be permanently banned from selling business coaching programs and investment opportunities in the US. Another $1.3m will come from the estate of his deceased partner-in-crime Russell Whitney.

In December 2018, the trade commission also settled with another MOBE executive, Susan Zanghi, in which she turned over 25,600 ($33,400) in frozen assets and any funds held under in corporate bank accounts. She is also banned from selling or marketing business coaching or investment opportunities in future.

The watchdog estimates that McPhee and friends made more than 230m ($300m) from the alleged scam there has been no admission of guilt by any party nor any conviction and the full total against him is said to be $318,512,336. He is expected to provide investigators with full details of any other accounts and assets he possesses, and if he fails to do so, there will be consequences. A judge still has to sign off on McPhee's settlement [PDF] which was approved by the FTC 5-0 on Thursday.

As ever, folks are warned not to sign up to get-rich-quick schemes because they are, generally speaking, always but always too good to be true.

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Bloke forks out 12m, hands over keys to tropical island to shoo away claims that his web marketing biz was a scam - The Register