The Daily Background

In late December, I posted the following estimations, assembled by Salon Magazine, of each candidate’s and their spouses’ projected net worth:

It looks like that Clinton number might have to be revised in light of new tax returns, released by the Clinton campaign Friday, indicating the couple took in a jaw-dropping $109 million since leaving the White House in 2001.
Intrigue:

In fact, since Mrs. Clinton announced her campaign for president, controversies involving her husband’s business and philanthropic endeavors have occasionally raised questions about the potential for ethical conflicts should she win the White House. Among them is Mr. Clinton’s partnership with Ronald W. Burkle, the billionaire investor and supermarket magnate, whose deals have included investing money for the government of Dubai and acquiring a stake in a Chinese media company.

Mr. Clinton had previously not disclosed what he earned from that partnership, but the tax returns show he collected at least $12.6 million since 2002, and possibly as much as $15.3 million, from his work as an adviser and rainmaker for Mr. Burkle’s Yucaipa Companies. The lack of clarity is because the Clintons released only a summary of their 2007 income, which lists $2.7 million in partnership income but does not identify sources. Based on previous years’ returns, it is likely that income came from Yucaipa.

Since when do people “invest” money in governments?

Especially foreign ones with deplorable human rights records and legalized semi-slave labor?

Filed under: Z-TDB Blog