Please indulge an OT Post as we enter the excitement stage:
Perhaps the Clintons should invest in ELH and GSJB so that they can afford thier new home.
Bill and Hilliary need your help:
> "Hi, Mr. and Mrs. Clinton. Welcome to EZBreeZee Mortgages. I'm Alan > Greenspan. No, no relation, sorry to say. May I call you Bill and > Hillary? Fine, first lady Hillary Rodham Clinton and Bill it is. > "So you want to buy the old Rye Brook place, 4-something acres, as I > recall. That's $2.2 million, and, with the customary 20 percent down- > that's $440,000 - that leaves a mortgage of $1,760,000. > No problem. We do these kinds of deals all the time. Now let's just > have a look at your financial statements. > > "Let's see. Mr. Clinton, you are the president of the United States, > of course, and your salary is - oh, dear - $200,000 a year. We usually > recommend buying a house that costs no more than two-and-a-half times > your annual salary. That means you should be looking for something > around $500,000, perhaps a nice brick rancher on a quarter of an > acre, not too fancy a neighborhood? > > "And I see here that you'll be out of a job in 16 months or so. What > will you do then? Open a library. In Little Rock, Arkansas. Wow! I bet > that will be some kind of money-maker. > > "Mrs. Clinton, you're running for Senate, right? > > "Let's see. Senators are paid $130,000 a year - assuming, of course, > you're elected - so even with Bill's pensions, you should still be > looking for a house in the $325,000 range. Maybe a nice center-hall > colonial where the schools aren't so good. > > "Mrs. Clinton, you haven't worked outside the home since 1991, > correct? > But you did some volunteer work, I see. You came up with a plan to > overhaul the entire national health care system? I see. It flopped, > in > other words. But I see you had several business ventures back in > Arkansas. How about this Whitewater Development Corp.? > > "It went bankrupt. > > "And Madison Guaranty? > > "Bankrupt. > > "And Castle Grande? > > "Bankrupt, too. > > "If you had gone to Yale Business School instead of Yale Law, you > could probably get your money back. Now, don't get upset. It was just a > little joke. > > "A little bad luck with the law, too, I see. Three of your business > partners went to jail? > "Maybe you could get your money back. > > "This is an embarrassing question, I know, but we have to ask because > it does, after all, affect your ability to pay: > > Any problems in your marriage? No? Fine. "Let's look at your assets: > $1.5 million. Not bad. > > "Yes, yes, Mr. Clinton, we're not forgetting your Mustang back in > Little Rock. > > "But oh, those liabilities. You owe $5.5 million. That means you're > $4 million in the hole. > > "How do you expect to pay that off? > > "You're hoping people will donate to a special fund. > > "So basically, you're relying on the chartity of strangers. > > "You also have some serious expenses. A kid at Stanford has got to be > setting you back $30,000 to $35,000 a year, probably more with the > air fares. And she wants to go to medical school? Ouch! > > "And Mr. Clinton. There's a little matter of a $90,000 fine for lying > in court. I guess that rules out putting your law degree to work. Say, > now, how do we know you're not lying on your loan application? > > "Good point. It would look a lot better if you were lying. > > "Are there any other legal matters we should know about? > > "You say you're in the clear, Mr. Clinton, and the first lady is > 'pretty much in the clear indictment-wise'. What does that mean? > > "You don't think - don't think - she's going to get hit with a perjury > or obstruction of justice rap. But we're not totally sure, right??? > "That means there's the remote possibility - note that I said > 'remote'-that you could be trying to pay off a $1.76 million mortgage > while making 12 cents an hour stitching mailbags for the feds and he > is > trying to make a go of a library in Little Rock. > > "Let's review the situation. > "One of you is now unemployed and the other one soon will be. > > "You have these whopping great debts that you're hoping someone is > going to come along and pay. > > "You have a financial history that can only with great charity be > described as 'checkered* plus a bunch of serious financial demands and > ongoing legal problems. > > "Your tangible assets seem to consist of an old Ford. > > "So, congratulations! Welcome to the EZBreeZee family of home-owners. > You've got your mortgage!" > > > |