{"id":9089,"date":"2014-06-23T16:32:27","date_gmt":"2014-06-23T16:32:27","guid":{"rendered":""},"modified":"2014-06-23T16:32:27","modified_gmt":"2014-06-23T16:32:27","slug":"why_hillary_won_t_let_the_money_thing_go","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/","title":{"rendered":"Why Hillary Won\u2019t Let the Money Thing Go"},"content":{"rendered":"

\"Listen<\/a><\/p>\n

RUSH: Folks, the Clintons won\u2019t give it up. Hillary just won\u2019t give up this idea that her family is poor and average and middle class. It was the funniest thing, and I have noticed — I am probably the most observant person that you have heard of, or, in case you know me, that you know. My observational skills combined with my memory always surprise people. I noticed early on, after Bill and Hillary left the White House, how soon and how often they began discussing their new wealth. <\/p>\n

We made note of it. Mike, you don\u2019t have to find it immediately, but we play it frequently during the commercial breaks. Go find the Clinton game show parody called I\u2019m Richer Than You Are. We put one of these together. This is years ago. This goes back probably to 2000, 2001. Bill Clinton always used the subject of tax increases to do it. Whenever tax increases came up, Bill Clinton would always say (imitation Clinton), “Hey, you know what? I\u2019m honored that I have enough wealth now to be able to pay. I don\u2019t need all this money. I\u2019m happy to pay these.” They\u2019ve been bragging about their wealth for as long as they\u2019ve had some. <\/p>\n

My parents always told me that it was bad manners, it was bad form, not to just brag about it, but to even discuss it. Answering “how much do you earn in a year” was considered bad form. You\u2019re not supposed to discuss that, because it\u2019s different for everybody and it\u2019s a no win, unless you don\u2019t care about being perceived as braggadocios or somebody that\u2019s ill-mannered or whatever. And that\u2019s what struck me about the Clintons. They\u2019re just constantly talking about. <\/p>\n

<\/a>Mrs. Clinton, as you know, two weeks ago in an interview with Diane Sawyer, said (imitating Hillary) “Oh, yeah, when we came out of the White House, we were dead broke.” And I\u2019ll tell you the root of all of this is the Clintons attempting to establish a bond between middle-class people and even poor people. They\u2019re trying to build this bond, while Bill\u2019s out bragging about how much money they have and bragging about tax increases don\u2019t bother him, even though we have now learned that the Clintons have structured their family planning like most everybody else does, to avoid as much estate tax as they can. <\/p>\n

Now, you might say, “Well, why, Rush, what\u2019s the big deal? Everybody does it.” They are the people that are constantly bragging about not caring about paying taxes, publicly, folks. That\u2019s how Clinton first wormed his way into this opportunity to brag about how much money they\u2019ve got all the time. And then Hillary didn\u2019t take long to join that chorus, either. It\u2019s something they\u2019re been obsessed. It\u2019s what Whitewater was all about was becoming rich quick because all of their friends, highfalutin donors, they were just swimming in money and the Clintons were getting by — “getting by” — on a hundred grand a year, and they wanted to swim in the deep water.<\/p>\n

This is when Hillary was turning $10,000 into a hundred grand with Robert “Red” Bone and cattle futures. Whitewater was a get rich quick real estate scam with that bald-headed guy — (interruption) yeah, Jim and Susan McDougal. Exactly right. That\u2019s all Whitewater was. They\u2019ve been obsessed. <\/p>\n

Now, Mrs. Clinton has stepped in it again. Ed Klein has a book out. Excerpts started yesterday in the New York Post, and the excerpt about the feud that the Clintons have with the Obamas, the quotes that are attributable to Bill Clinton and Barack Obama — nothing against Ed Klein, I don\u2019t know anybody who talks that way. But I\u2019ll explain what I mean when I get to that part of the discussion. It\u2019s a big Stack. The Clinton Stack is its own Stack today, and the first item on top of the Stack is from the Weekly Standard<\/a>. “In what some are interpreting as a veiled shot at Hillary Clinton, Vice President Joe Biden says that the fact he isn\u2019t rich shouldn\u2019t be held against him.” <\/line><\/p>\n

These people, folks, are obsessed with it. The Democrats, particularly elected Democrats and their donors, are some of the wealthiest people — Silicon Valley, Hollywood, Wall Street — and yet they are obsessed with this phony baloney, plastic banana, good-time rock ‘n\u2019 roller buzz, PR, spin, whatever, that they\u2019re just average people just like you. <\/p>\n

So Hillary says, “Ah, we were dead broke when we came out of the White House,” and then she stepped in it again. This is an interview that was published in the UK Guardian yesterday. “Hillary Clinton revisited the issue of her slightly higher than average income by saying she\u2019s ‘not truly well off.\u2019 Hillary Clinton says, ‘We are not truly well off,'” and do you know how she defines that? <\/p>\n

She said, “We pay ordinary income tax. Really rich people don\u2019t do that.” Now, everybody\u2019s laughing on the other side of the glass here. But I\u2019m gonna tell you what this means. Hillary really thinks that, folks. The truly wealthy… How many times have we discussed on this program: When the subject of tax increases for the rich comes up, the rich never seem to oppose it. <\/p>\n

Why? Why is that? <\/p>\n

The answer is that the vast majority of the people we\u2019re talking about who don\u2019t oppose it are not paying income tax rates. Their wealth has already been amassed. They are no longer earning what\u2019s called “ordinary income,” where there are deductions every week or quarterly estimates or what have you. They are paying taxes on whatever income they derive from their investment portfolio, which would be at the capital gains rate.<\/p>\n

That\u2019s what she means. <\/p>\n

Now in her world, she is right, when you\u2019re talking about real wealth. (sigh) I wish I could mention a name here but this would not be classy, either. It\u2019s a name you would all know. Treasury. Not Treasury. A cabinet member in a former administration, who I befriended at one point in my life. We had many discussions, almost father-son type discussions.<\/line><\/p>\n

I asked him one day, \u2019cause he was one of these uber-wealthy people, “In your world…” We could talk this way. “In your world, what is the amount of money that gives you clout and makes you a player?” He said, “Minimum, $400 million,” and this was 25 years ago. Minimum $400 million, or you\u2019re not a player. Meaning, the people at $400 million or above look at you if you\u2019re at $350 million or $200 million as, “Eh.”<\/p>\n

I\u2019m telling you, that\u2019s the world the Clintons run in, and when she says, “We pay ordinary income tax,” what she\u2019s saying is they have become wealthy because they earn a lot of money. They pay ordinary income taxes because they generate ordinary income, which is book sales and speeches and stuff like that, and they pay income tax rates. In her world, no matter how much money you have, you are not wealthy. <\/p>\n

What she doesn\u2019t know is that by discussing it this way, she really is telling people what she wants to be. She wants to be a Warren Buffett. She wants to be in this really rarefied air where tax rates are irrelevant to you, and that\u2019s a small percentage of even the top 1%. But this idea that she and Bill are not well off? Even though the top range of their net worth on her disclosure forms is, I think, between $5.5 million and $50 million?<\/p>\n

Now, in her world… Don\u2019t doubt me on this, I know this is gonna sound strange. In her world… Now, I\u2019m not justifying anything she\u2019s saying. I\u2019m trying to explain it to you. In her world, $50 million is peanuts, and they pay ordinary income tax. “We\u2019re not well off.” She has no idea. The point here is, she has no idea. Big Democrats, they care! They\u2019re for the little guy. <\/p>\n

They\u2019re clueless! They have no idea. She wouldn\u2019t be talking this way if she had any idea what life was like for most people in this country, particularly now in the Obama-Democrat Party economy. You can\u2019t talk to any people that vote for her and get any sympathy for her when they know that she may be worth $50 million and says, “Well, we\u2019re not truly well off. We pay ordinary income taxes.” <\/p>\n

This is tone deafness on steroids. It is an inability to relate to people. It is zero empathy. It is just stunning — and they wouldn\u2019t let it go! They are hell-bent on you and me thinking that they don\u2019t have any money. (interruption) Yeah. “They\u2019ve only raised $100 million since they left office.” I know, but they pay ordinary income tax. Half of it\u2019s gone, see? The real rich don\u2019t do that in her world.<\/p>\n

This Biden business. “You know, I make a lot of money as vice president,” Biden said. “Don\u2019t hold it against me that I don\u2019t own a single stock or bond. Don\u2019t hold it against me. I have a savings account, but I got a great pension, I got a good salary. For real, for real. But don\u2019t hold it against me. I\u2019m not rich.” These people are really showing us who they are. <\/p>\n

They\u2019re really telling us who they are, what they\u2019re really about, and how out of touch with average people they really are and how phony baloney, plastic banana, good-time rock ‘n\u2019 roller. Can you imagine Hillary with between $50 million and a $100 million trying to establish a bond of relatability by saying, “Well, we\u2019re not well off. We pay ordinary income taxes”? <\/p>\n

(Bill Clinton impression) “Hey, yeah! ‘I\u2019m Richer Than You Are!'” <\/p>\n

Wait \u2019til you hear that!<\/p>\n

And then there\u2019s this: “Chelsea Clinton Tried to Care About Money But Couldn\u2019t.” They\u2019ve even dragged her into it now. They tried to make her care about money, but she doesn\u2019t. The point of this is she\u2019s totally into charity. They tried to tell Chelsea about money and earning a lot, but she just didn\u2019t care<\/a>. Money, it\u2019s just not important to her what so ever, blah, blah, blah, blah. (interruption) Yeah, she\u2019s only $26,000 a minute<\/a> or whatever she got at NBC. That\u2019s what she was making.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: That\u2019s right. So Hillary Clinton claimed, “They don\u2019t see me as part of the problem.” She\u2019s talking about people that don\u2019t like the rich. “They don\u2019t see me as part of a problem because we pay ordinary income tax, unlike a lot of people who are truly well off — not to name names — and we have done it through dint of hard work,” and people started laughing. <\/line><\/p>\n

“We pay ordinary income tax. We can\u2019t possibly be rich,” and among the people she\u2019s talking about, she\u2019s right. But that\u2019s not the way to accomplish what she\u2019s trying to accomplish. The Clintons, as soon as they left the White House, set up a family foundation apart from their charitable thing to avoid paying taxes on their income. They have done everything they can to avoid paying taxes.<\/p>\n

Yet Bill Clinton can\u2019t stop bragging about how much money he\u2019s got. (“I\u2019m Richer Than You Are!” parody) Ladies and gentlemen, that\u2019s over 10 years old. Here are the Clintons in the news, June 23, 2014, trying to say they don\u2019t earn a lot of money. Mrs. Clinton: “We\u2019re not well off,” and it was over 10 years ago that I spotted and pointed out these people are obsessed with becoming rich and wealthy and then letting everybody know that they\u2019ve pulled it off. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Mount Laguna, California. Bob, welcome to the program. Hello.<\/p>\n

CALLER: Hi. Thank you very much. I wanted to comment about Hillary\u2019s wealth and so forth. In 1992 or \u201993, perhaps, I made somewhat of a joke donation to the Clinton Legal Defense Fund. It was really interesting that in the early nineties, arguably the Clintons were the two most powerful lawyers in the United States. And, lo and behold, they had some mild legal problems, and their legal fund was basically a bailout, donations from the public.<\/p>\n

RUSH: Wait a second. You made a donation in 1992 to the Clinton Legal Defense Fund?<\/p>\n

CALLER: I did. I made $1 donation.<\/p>\n

RUSH: That was during the campaign. They weren\u2019t even in office yet.<\/p>\n

CALLER: Well, let\u2019s see. It was in the early nineties. I don\u2019t have the letter in front of me.<\/p>\n

RUSH: I was gonna say, I\u2019d forgotten if they were already in legal trouble before the White House. I knew that Bill had been sued by some of the “bimbos.” But, look, your overall point about the legal defense funds is absolutely well taken. It\u2019s ironic, too, because one of the reasons Hillary claims that they\u2019re broke and not well off is all the legal bills, as though we\u2019re supposed to wring our hands and feel sorry for \u2019em. <\/p>\n

Why do they have legal bills? <\/p>\n

Do you think having sex, BJs, Lewinskys in the Oval Office might lead to it if you lie under oath? Do you think that that might require you to go out and hire some high-powered legal help that might charge you a lot of money? They had so many different legal defense funds you can\u2019t keep up with them. One of them raised over $10 million, and they were shameless about asking for money! <\/p>\n

They were shameless about it, as though they were owed it, that somehow they were entitled. Bloomberg has a story. This is The Politico today but they quote Bloomberg. It is exactly as I said moments ago. “To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top 1% of US households in wealth to avoid paying taxes.” Now, people defending Clinton are saying, “Wait a minute!<\/p>\n

“She didn\u2019t have offshore accounts like Romney did.” See, in the Clintons world… I tried to make this point earlier. I\u2019m not, by the way, justifying. Don\u2019t misunderstand. I think the woman is… I think these are two of the biggest phonies ever, is my point. They always have been. They\u2019re phonies through and through, and I don\u2019t think they\u2019re nice people. But when Mrs. Clinton says, “Hey, we\u2019re not well off!<\/p>\n

“We pay ordinary income taxes,” she\u2019s jealous. She\u2019s envious of people who have a lot of money — and $50 million\/$100 million, in their world, isn\u2019t a lot of money. Not among the people that they hold dear. They know multibillionaires. They fly around gratis on their friends\u2019 private Boeing 757s. The Clintons are so cheap, they won\u2019t spend their own money on anything, not even to charter a Piper Cub to get from Chappaqua to Washington. <\/p>\n

“We pay ordinary income tax. We can\u2019t possibly be rich.” They\u2019re out there doing everything they can to avoid taxes, while bragging about their wealth. Now, Hillary\u2019s complaining about how little they have, and they are doing everything they can to avoid taxes. They\u2019re trying to pretend they\u2019re rich, and they\u2019re trying to use the same strategies that the uber-rich do to avoid paying taxes, family planning taxes and estate taxes, primarily. <\/p>\n

Now, everybody does it, but they are hypocrites, because they\u2019re the people out there bragging about having enough money to pay taxes and they don\u2019t care when taxes go up. Bill Clinton\u2019s famous for that! Privately. This is why they\u2019re phony baloney, plastic banana, good-time rock and rollers. Privately, they\u2019re try to get out of paying as much in taxes as they can.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: “Some Democrats Fear Clinton\u00c2\u2019s Wealth and ‘Imperial Image\u2019 Could be Damaging in 2016.” This story runs today<\/a>, on the same day that Mrs. Clinton is out there saying, “We\u2019re not well off. No, no, no. We were dead broke.” And the same day we got this story Chelsea Clinton tried to care about money but couldn\u2019t. This is the big puker of the day. I mean, Ed Klein has this book out on the blood feud between the Clintons and the Obamas based on the health chapter, the Hillary health chapter. This book should be called Blood Clot. I mean, the chapter on her health in this book is devastating. Is anybody\u2019s piping up and denying this yet? You know, Ed Klein, he wrote books on the Kennedys. He\u2019s not exactly a right-wing ideologue. So he\u2019s got that chapter. <\/p>\n

He says the Obamas call Hillary Hildebeast. They got that from me. We called her the Hildebeast way back long ago. In fact, we called the Republicans wildebeests back short period of time ago in relation to budget matters. Hildebeast, wildebeest. Democrats fear her wealth could jeopardize Democrats\u2019 “historic edge with the middle class.” And then on page three of this story an Obama advisor dumps on Hillary and says the Democrats should panic. <\/line><\/p>\n

And it\u2019s interesting. In conjunction with the Klein book, the Ed Klein book really makes the point that the Clintons and Obamas detest each other. And particularly from the Obama to the Clintons. But it\u2019s both ways. Bill still hasn\u2019t gotten over being called a racist in the 2008 campaign when he said to Ted Kennedy, “You know, Ted, it wasn\u2019t that long ago this guy\u2019d be fetching our drinks for us.” So Obama then played the race card on Clinton in South Carolina. There was a couple of other things that Obama said. So Bill\u2019s been carrying a grudge for that for a long time, but they don\u2019t get along, is Klein\u2019s point. <\/p>\n

And then here in this story, Obama advisor dumps on Hillary by saying Democrats should panic over the Clintons\u2019 air of wealth and this image that they have that they have willing put forward that they have a lot of money. And they have done that. I cannot emphasize this enough. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: How can the smartest woman in the world say such dumb things consistently? Hillary Clinton and this business of (imitating Hillary), “Oh, we\u2019re not rich. No, we\u2019re not well-off. No, no, no, we just pay ordinary income tax. We can\u2019t possibly be wealthy. We were dead broke.” How can the smartest woman in the world screw up like that? <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Kathleen in Mentor, Ohio. I\u2019m glad you waited. It\u2019s great to have you here. Hello.<\/p>\n

CALLER: Thank you, Mr. Limbaugh.<\/p>\n

RUSH: You bet.<\/p>\n

CALLER: When you were talking about the Clintons and how they were on their uppers after the presidency, I remember their playing that debt card years ago. It was in \u201992 or \u201993, a friend of mine sent them money. I don\u2019t know how the touch got to her, whether it was a letter or in some liberal journal that she took. But she talked about those poor people and their great debt. I believe attorney fees were mentioned, because she always liked to kick an attorney.<\/p>\n

RUSH: You\u2019re the second caller today who has referenced the first Clinton Legal Defense Fund in \u201992 or \u201993. You\u2019re right.<\/p>\n

CALLER: I think Whitewater was involved there, too.<\/p>\n

RUSH: Yeah.<\/p>\n

CALLER: If I remember correctly.<\/p>\n

RUSH: That\u2019s right. They had a lot of unfair legal bills, defending themselves against outrageous partisan political charges there. Right.<\/p>\n

CALLER: Right. And on the poverty issue, I see in the newspaper magazine from yesterday a big article about the Obamas, quote, “sharing their early money struggles,” and how poor, poor, poor they were.<\/p>\n

RUSH: Oh. Oh, the stories that they are telling about Michelle\u2019s just poverty-wracked beginnings are legion. It\u2019s all phony! Michelle Obama grew up upper-middle class in Chicago. Her father was a bigwig in the city Democrat Party machine there. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Folks, the Clintons won\u2019t give it up. Hillary just won\u2019t give up this idea that her family is poor and average and middle class. 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It was the funniest thing, and I have noticed — I am probably the most observant person that you have heard of, or, in case you know me, that you […]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GeorgePrayias\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"16 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#website\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/#webpage\",\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/\",\"name\":\"Why Hillary Won't Let the Money Thing Go - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/#primaryimage\"},\"datePublished\":\"2014-06-23T16:32:27+00:00\",\"dateModified\":\"2014-06-23T16:32:27+00:00\",\"author\":{\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why Hillary Won\\u2019t Let the Money Thing Go\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4\",\"name\":\"GeorgePrayias\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g\",\"caption\":\"GeorgePrayias\"},\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/author\/GeorgePrayias\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why Hillary Won't Let the Money Thing Go - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rushlimbaugh.com\/daily\/2014\/06\/23\/why_hillary_won_t_let_the_money_thing_go\/","twitter_card":"summary","twitter_title":"Why Hillary Won't Let the Money Thing Go - The Rush Limbaugh Show","twitter_description":"RUSH: Folks, the Clintons won\u2019t give it up. 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