This Is A Wonderful Country!

Bill Clinton made $35K in his last year as Governor of Arkansas. They don’t make much, which is why Huck-a-Buck had to grill squirrels in his popcorn popper. He was practicing to be Governor of Arkansas. Hillary Clinton made more money at the Rose Law Firm. Together Bill and Hillary entered the White House with a net worth of about $1.97

While in the White House they were forced to run the right wingnut gauntlet. They were target rich. They were rough around the edges and ham handed on some policy matters (Health Care, Travelgate, Rose Law Firm files, etc.). Consequently, largely as a result of legal bills, they left the White House with a significant negative net worth.

Now, seven years later, while Hillary has labored in the halls of Congress as a Senator making under $200K a year, she has just contributed $5M to her Presidential campaign
She joins the ranks of Mitt Romney, Steve Forbes and Ross Perot. It is heartening that pluck and luck can propel the earnest individual into the land of milk and honey.

The back story is more interesting. Hillary’s campaign finance strategy is no match for the Obama on-line fund raising tsunami. Her campaign is out of money and her staff is now volunteering. Obama raised $32M in January to Clinton’s $14M. He raised $3M yesterday and will raise another $30M in the month of February.

Regardless what the pundits say, he has momentum on his side. Her pockets are not deep. She can’t go back to the well more than a time or two for shots of $5M. The Obama money raising freight train will not slow down.

Yesterday’s results were fabulous for Obama. Yes, he lost California. But, the votes broke for him among the late voters, while Hillary won the early absentee voters. The caucus states break his way. He will win Washington and Nebraska this weekend. Next week he will win DC, Maryland and Virginia.

Her hope is to grab as many super delegates as possible and dump most of her money into Ohio, Texas and Pennsylvania. It will be close and hard fought.

And, Bill Clinton may have to spend less time on the campaign trail and more time whoring in order to fill the family coffers.