CHRIS CILIZZA: The Clintons’ Finances Are Way Too Complex For The Average Person To Understand.
The AP reported late Monday that Bill Clinton has a limited liability corporation — called WJC, LLC — that serves as a “pass through” entity designed to “channel payments to the former president.”
If you have no idea what the heck the sentence above means, you are not alone. And therein lies the problem for Hillary Clinton as she seeks to sell herself as the voice of everyday Americans in her bid for the White House in 2016. . . .
But, whether or not she is Romney 2.0, the reality is that the amount of money coming into the Clinton coffers ($25 million from speaking fees alone since the start of 2014) coupled with this WJC, LLC — not to mention the regularly revised donor policies of the Clinton Foundation — badly complicate Hillary’s pitch that she is able to understand regular folks.
Selling Clinton as in touch with “everyday Americans” was always going to be next-to-impossible. And revelations like this one about a “pass through” company to handle money being paid to her husband prove why. No family with a former president and a future presidential nominee in it are “regular” — in their life experiences, resumes or personal finances. No family with an income in the 10s of millions of dollars and setup like the one Bill Clinton has at WJC, LLC, are just like the rest of us. They just aren’t.
The more that idea gets reinforced to the casual voter — and stories like WJC, LLC, do just that — the harder it will be for Clinton to shake the image that what she says publicly doesn’t jibe with how she and her husband conduct their own business.
Yeah, they’re also crooks. This reinforces that, too.