How Hillary and Bill Clinton Parlayed Decades of Public Service into Vast Wealth
{snip}
Then there is the model that Democratic candidate Hillary Clinton and her husband, former President Bill Clinton, have pursued — with astonishing success. For them, politics is the family business. There is no distinction between business careers and political careers. Holding and serving in public office provides a platform from which they can monetize experience, connections and prominence. And then they use the wealth gained through, say, speaking engagements and media tours, to lay the groundwork for the next campaign. Electoral office, business, wealth, and public service, all meld together seamlessly.
Politics as a very lucrative “family business”
People who go into politics have to arrange their affairs so that they can pursue power while maintaining the type of lifestyle that well-educated executives and their children have come to expect. In this presidential campaign season, as we’ve charted in this series, the dozen-odd serious candidates have employed a variety of strategies.
There’s the “Wives of Wall Street” model, used by New Jersey Governor Chris Christie and Texas Senator Ted Cruz. Billionaire developer Donald Trump and former Hewlett-Packard CEO Carly Fiorina are pursuing the “Megabucks CEO” model. Florida Senator Marco Rubio, one of the few presidential candidates not in the 1%, uses his money woes as a kind of shield.
Then there is the model that Democratic candidate Hillary Clinton and her husband, former President Bill Clinton, have pursued — with astonishing success. For them, politics is the family business. There is no distinction between business careers and political careers. Holding and serving in public office provides a platform from which they can monetize experience, connections and prominence. And then they use the wealth gained through, say, speaking engagements and media tours, to lay the groundwork for the next campaign. Electoral office, business, wealth, and public service, all meld together seamlessly.
It’s a remarkably high-reward strategy, but an equally high-risk one. In ordinary times, giving six-figure speeches to Wall Street banks can become fodder for opposition research. In populist times, as Hillary Clinton has learned, ties to the elite echelons of the private sector serve as oxygen for a challenge from the left. Here’s a look at Clinton’s “family business.”
http://fortune.com/2016/02/15/hillary-clinton-net-worth-finances/
= new reply since forum marked as read
Hillary since she has courted them most of her political career 