There’s Broke And There’s Broke

 

Fox News posted an article today about Hillary Clinton’s comment that she and Bill Clinton were “dead broke” after leaving the White House. It seems that financial forms filed for 2000 show assets between $781,000 and almost $1.8 million — and liabilities between $2.3 million and $10.6 million, mostly for legal bills. The article also notes that as the former President and his wife, they had tremendous earning potential, and within a year had earned enough to be financially afloat.

The article reports:

All told, their financial snapshot in 2001 was drastically different than when they left the White House — assets were listed at between $6 million and $30 million; liabilities were between $1.3 million and $5.6 million. And despite their financial issues, they got help from family friend and fundraiser Terry McAuliffe (now, the governor of Virginia) to secure a loan at the time for a $1.7 million home in Chappaqua, N.Y. 

These finer details made Clinton’s comment about being “dead broke” all the more questionable. 

I think most of us would like to be ‘broke’ like the Clintons were broke after leaving the White House.