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To: Liz

Thanks.

I guess I should point out that the article references the Clintons “raising” perhaps $2B to $3B over two decades. This is not, or at least is not supposed to be, personal wealth.

Most of it has probably been spent by now on various political campaigns. Part of the way pols maintain influence is by raising and giving money to each other.


21 posted on 08/03/2014 12:22:32 PM PDT by Sherman Logan (Perception wins all the battles. Reality wins all the wars.)
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To: Sherman Logan
I should point out that the Clintons “raising” perhaps $2-3B over two decades is not, or at least is not supposed to be, personal wealth. Most of it has probably been spent on various political campaigns.

I strongly disagree.

Money is fungible---spending money on oneself in this manner means you don't have to touch your holdings.

So the money raised and spent on campaigns IS unquestionably personal wealth.

22 posted on 08/03/2014 12:31:09 PM PDT by Liz (Another Clinton administration? Are you nuts?)
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