Posted on 07/08/2014 9:37:52 PM PDT by 2ndDivisionVet
Sorry, the wife of a former president doesn’t struggle to get a mortgage. She doesn’t struggle to get anything. I emphatically state “BS”.
Their credit score must suck.
No wonder they want to make loans accessible to everyone. They could not even lower their sights to buy a home they could afford. Besides all this, I agree with the BS statement.
Terry McAuliffe secured their entire mortgage up front with profits made from insider trading with Global Crossing stock.
Thank goodness Chelsea was old enough to co-sign for them.
bump
Please, let there be a GMA segment in the next two years where Hillary and Michelle swap war stories about hard it was to make ends meet when they were only making a few hundred thousand dollars a year.
That's what happens when you've never had to pay for anything out of your own pocket. When you're a leech, you don't need to establish credit.
And THIS just might be the most troubling line for all who read the interview.
"persecution"?
Was she not paying attention during the Reagan and both Bush presidencies? Those fine men were constantly under (verbal) fire, and none ever whined about "relentless persecution".
Mrs. Clinton, one suspects, is a true score-settler.
If elected, would she see GOPers as bad and evil people who must be gotten even with?
Recalling her "vast rightwing conspiracy" statement, one worries if Mrs. Clinton might be dwelling a bit too much on possibly imaginary "persecution" (I would love to be wrong here, and freely yield to any psych expert to set this worry straight.)
.
I was going to speculate that they probably had “Zero” credit since they’d never owned a house before, probably never even owned a car since they’ve spent their entire lives on the public dole, and after finally being evicted from the Peoples House, had to get a mortgage for the first time (until the millions started rolling in).
Of course it’s grossly unfair that we the taxpayers didn’t just GIVE them a house or two, and some going-away cash, isn’t it? /s
I may remember wrong, but during the 1992 campaign I remember the media treating Quayle as the rich kid, but when the two tickets released their personal financial statements, that he was the only one who was not a millionaire of the 4, (HW, Clinton, and Gore and Quayle).
At one point we also learned that Bill’s modest $35,000 salary as governor, was supplemented by $35,000.00 annual cash that the legislature gave him, for his personal management, that I remember as amounting to a hidden salary.
NYT Published: February 5, 1992
“Mrs. Clinton’s career has produced most of the family’s wealth. She is not required to disclose her income, and Mrs. Clinton would not answer questions on the subject. But press reports in Arkansas, based on the Clintons’ tax returns, said her law firm salary for 1989 was $92,000. The couple’s net worth is between $350,000 and $1 million, according to Mr. Clinton’s report to the Federal Election Commission, which requires only that assets and liabilities be listed in ranges. Broad Financial Support
Their holdings include bank accounts, bonds, mutual funds and investment partnerships. The largest asset is Mrs. Clinton’s share of her firm’s profit sharing and retirment plan, valued between $100,001 and $250,000.”
Chart: “The Clintons’ Financial Picture” ASSETS Real estate and investments (mainly in Hillary Clinton’s name): $416,000-1,167,000 1990 Income His salary as Governor: $35,000 His fees for appearances: $5,500 Her salary: Disclosure not required Her fees for appearance: $10,337 Other income (mainly from investments): $37,620-101,900 LIABILITIES: $65,000-150,000 TOTAL NET WORTH: Between $315,000 and $1,100,000 (Source: Federal Financial Disclosure Reports)
If you go shopping for a home worth $1.33 million (I checked and that’s the value of the NY home of the Clintons)...most banks would handle the loan as long as you put down roughly half the down-payment. In this case, I’d take a guess that they absolutely didn’t want to put down more than $200k (absolute max), and wanted to make significant monthly payments. I’d suggest that some banks might look at the situation and automatically approve it, but some banks might frown (even if he was an ex-president) and just suggest another bank might be better suited for them.
One of the great shocks occurred in the initial months of the Clinton period in DC....when various small-town players from Arkansas were brought into DC to participate in high-stakes politics. They were used to Little Rock home prices and were not exactly believing in the DC value of $250k (at the time) for an upscale four-bedroom. I had an individual describe the meeting between himself, the realtor and the Clinton-appointee for a nice upscale home over in Arlington. The wife was all charmed by the place, but the husband just quietly sat there and fumed at the pricing level. He didn’t have $75k to put down and keep the monthly mortgage within reason. Whatever he was paid in salary....was going to be eaten up drastically by the mortgage.
so she’s trying to play poor AGAIN!??????????????
wow! she must have a (guilty, of course) conscious after all!
amazing!
who’d have thought?!
so she’s trying to play poor AGAIN!??????????????
wow! she must have a (guilty, of course) conscious after all!
amazing!
who’d have thought?!
If they struggled to get a mortgage, then was she a bad credit risk? If so, then she shouldn’t be president because she can’t even manage her personal finances.
Her buddy, Senator Chris Dodd, probably got her a sweetheart deal with Countrywide.
Hillary and Michelle swap war stories about hard it was to make ends meet...
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http://www.cmoore.com/funstuff/humor/mp.script.weweresopoor.php
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