When Rich Become Poor; When Poor Become Rich

[From article]
Former President Bill Clinton and his wife, former Secretary of State Hillary Clinton, are worth between $10 and $50 million, according to their financial disclosure forms – but taxpayers will still pony up nearly $1 million this year to fund their post-White House lifestyle.
Like the three other living former presidents, Jimmy Carter and the two George Bushes, Clinton receives a $201,000 annual pension. But that just scratches the surface of the government benefits he shares with his wife Hillary.
The total for 2014 also includes $157,000 for staff salaries and benefits, $414,000 for office space and $9,000 for phone bills.
In all, The Washington Post first reported, taxpayers are providing Clinton with $944,000 in post-presidential pay and benefits.
That tab was $1.28 million in 2002, the year after he left office, according to a Congressional Research Service report cited by the Post and the Washington Free Beacon.

http://www.dailymail.co.uk/news/article-2667949/Taxpayers-spend-944-000-support-multimillionaire-Bill-Clintons-post-presidential-lifestyle-2014.html

Taxpayers will spend $944,000 to support Bill Clinton's lifestyle in 2014 as he claims he and Hillary are not 'out of touch' because they 'talk to people in our town'
Bill Clinton said Tuesday his wife's claim that they were 'dead broke' after his presidency was 'factually true'
He and Hillary are not 'out of touch,' he insisted, because they go to the grocery store and 'talk to people in our town'
An April Congressional Research Service report found that the federal government has spent $15.9 million on Bill Clinton's retirement since 2001
He got $1.28 million in benefits the year after he left office
Clinton said Tuesday that attacking his wife as a wealthy elite in the run-up to the 2016 election is 'the wrong debate'
This year Clinton's costs include a $201,000 pension, $157,000 for staff salaries and benefits, $414,000 for office space and $9,000 for phone bills
Former president George W. Bush spends even more, costing taxpayers $1.28 million this year and averaging 4 per cent more per year than Clinton
The government inexplicably budgeted $102,000 for Bush's telephone expenses in 2014, and planned to spend $135,000 more on furniture, computers, office supplies and other miscellany
By DAVID MARTOSKO, U.S. POLITICAL EDITOR
Daily Mail (UK)
PUBLISHED: 16:08 EST, 24 June 2014 | UPDATED: 17:00 EST, 24 June 2014

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[From article]
There are two sorts of stock human dramas that play out in every age of history. The first concerns people who were once rich but are now discovering they are poor. The second is their opposite; people who were once poor who suddenly realize they are rich.
[. . .]
The problem of course is what happens when the long-rich go broke. The once-rich-now-bankrupt become worse than bust, they become ridiculous. A modern example is John Kerry who is making a beggar’s tour of the Middle East.
[. . .]
Kerry is almost a central-casting perfect picture of a degenerate aristocrat. Just as Chelsea doesn’t do money, neither does Kerry do Foreign Policy. He at least does artistic gestures. Only the other day Kerry made an important announcement. Speaking at a the Gays and Lesbians in Foreign Affairs Agencies Pride event at the State Department, he declared “I’m working hard to ensure that by the end of my tenure, we will have lesbian, bisexual and transgender ambassadors in our ranks as well.”
[. . .]
What Old Money and Power finds hardest to accept is that perhaps their scruffy, uncredentialed and coarse opponents might not only be their equals, but their superiors. One is beginning to suspect that the terror masters are better men — not better or more capable men than normal Americans — but better men than the aristocrats.
[. . .]
The men in the White House are like grifters who inherited a great fortune and have unexpectedly come into clothes, cars, houses and jets without the slightest clue how they were earned.

http://pjmedia.com/richardfernandez/2014/06/24/our-ruling-class/

Our Ruling Class
June 24th, 2014 - 4:39 pm
By Richard Fernandez