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Bill Clinton: Good-Bye Power, Hello Glory
Forbes.com ^ | June 25, 2002 | Dan Ackman

Posted on 06/25/2002 1:04:25 PM PDT by Quilla

NEW YORK - There is no Air Force One, no Marine Honor Guard; his finger is no longer on the proverbial button.

When he left office, William Jefferson Clinton said good-bye to all that--and to his $200,000 presidential salary. (President George W. Bush earns $400,000, thanks to legislation Clinton signed.) He has to pay for his own house in Chappaqua, N.Y., which set him back $1.7 million, to say nothing of his senator wife's $2.85 million Washington home.

But for Bill Clinton, private life has its rewards, among them ranking 18th on our Celebrity 100 list, just one place behind Bruce Willis and one ahead of the Backstreet Boys.

The former commander-in-chief scored big in Web hits, ranking second only to fellow musician Britney Spears. He came in first in press clips, edging out Tiger Woods, who, like Clinton, is an avid golfer. Only another ex-pol, Rudy Giuliani, bests him when it comes to TV and radio appearances, and most of the former New York mayor's exposure came when he was still in office. All told, Clinton stands to become the most celebrated ex-president since Theodore Roosevelt.

Of the 42 former presidents, Clinton is one of only ten to serve two full terms and survive the office. He is also the second-youngest overall, finishing his second term at 54. The youngest was Teddy Roosevelt, who was 51 when he left office. It is TR's massive post-office celebrity with which Clinton's might be compared.

As a young ex-president, TR set a pace that even the hyperkinetic Clinton will be hard-pressed to equal. Just weeks after his second term, he led a safari in Africa, collecting specimens for the Smithsonian. In 1914, he led a 900-mile expedition in Brazil, mapping a tributary to the Amazon, then called the River of Doubt, since renamed Rio Roosevelt. All the while, he kept writing a book a year.

In between, Roosevelt ran for president again, losing his bid as a candidate of the Bull Moose Party. For Clinton, another run for the White House would be unconstitutional. "The possibility of a third term completely changes things. It's a huge difference [for ex-presidents]," who are now doomed to political irrelevance, notes John Gable, executive director of the Theodore Roosevelt Association.

Roosevelt, after leaving office, sometimes struggled with his finances. Nonetheless, he turned down speaking fees, as well as consulting jobs and board memberships, Gable says. He had to furnish his own office, which he did by serving as a contributing editor and columnist for a series of magazines and newspapers. He paid for his own bodyguards, who were unable to stop his being shot by a would-be assassin in 1912.

In the last 12 months, Clinton, by contrast, earned $25 million from book deals and speaking fees. And like all contemporary ex-presidents, he gets a fully staffed office and lifetime Secret Service protection. While such compensation may sound adequate--even extravagant--the fact remains that the former Leader of the Free World earns less than Lisa Kudrow, the most expendable of NBC's Friends. On a more positive note, Clinton's earnings top those of Sammy Sosa, and all Sosa did was average 61 home runs per year over the past four years.

It is possible to live in Chappaqua on $25 million a year, sources say. But if things get tight, Clinton might take Kudrow's lead and sign on with NBC. The network, a unit of General Electric (nyse: GE - news - people ), offered the ex-president $50 million per year to host his own television show, which would put him in the financial realm of Stephen King and Tom Clancy, two authors who have sold more books than Clinton ever will. He would still fall well shy of chat-show tycoon Oprah Winfrey, who earns triple that amount, partly from her magazine and other ventures. Clinton turned NBC down--for now.

His own TV show might add to Bill Clinton's fame, but it still would not put the 42nd president in a league with the 26th. In the years after Teddy Roosevelt left office, his safari, his expedition and his prolific writing made him, Gable says, "the most famous man in the world, and probably the most beloved." All notions of celebrity were different then. But Teddy Roosevelt--for ex-presidents and celebrities of all stripes--set the standard.


TOPICS: News/Current Events
KEYWORDS: clinton
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To: Quilla
Roosevelt ran for president again, losing his bid as a candidate of the Bull Moose Party.


21 posted on 06/25/2002 3:24:43 PM PDT by DemoSmear
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To: uncbob
Could still happen. Look at what happened to the famous Elvis.....
22 posted on 06/25/2002 3:37:16 PM PDT by anniegetyourgun
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To: Jagdgewehr
Actually JFK remains the most celebrated ex-president...
23 posted on 06/25/2002 4:22:23 PM PDT by weegee
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To: weegee
Actually JFK remains the most celebrated ex-president...

Come to think of it, you are right.

24 posted on 06/25/2002 4:32:49 PM PDT by Jagdgewehr
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To: Jagdgewehr
"It is TR's massive post-office celebrity with which Clinton's might be compared."

No comparison at all -- Clinton's picture should be in more post offices than any criminal in recent history!

25 posted on 06/25/2002 4:38:48 PM PDT by DJ Frisat
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To: Quilla
When he left office, William Jefferson Clinton said good-bye to all that--and to his $200,000 presidential salary. (President George W. Bush earns $400,000, thanks to legislation Clinton signed.) He has to pay for his own house in Chappaqua, N.Y., which set him back $1.7 million, to say nothing of his senator wife's $2.85 million Washington home.

Don't cry for him, Ameri-caaaa...

The salary for the President Of The United States was raised (for the first time since 1969). X42 still gets his lifetime pension, Secret Service protection, office space (X42 is getting $300,000/year down from a requested $800,000/year). I thought that the provision was changed such that presidents from X43 onward would see their pensions end after 10 years, not certain about the SS protection.

Bubba may have to "pay" for his own homes but someone else signed for his NY residence.

The Clintons' never owned a home until they had to move out of the White House.

26 posted on 06/25/2002 4:47:55 PM PDT by weegee
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To: mystery-ak
LOL!
27 posted on 06/26/2002 4:47:01 AM PDT by Howlin
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To: weegee
I thought that the provision was changed such that presidents from X43 onward would see their pensions end after 10 years, not certain about the SS protection

I believe you're right, although he gets his pension for life; it's the administrative money and the SS that I read goes after 10 years. I believe the SS protection may end then, too. I read it on Courttv.com during impeachment and haven't been able to find the article since. I have a request in to a senate office for information.

28 posted on 06/26/2002 4:50:21 AM PDT by Howlin
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To: Quilla
My molars revert to an autonomic tooth-grinding mode at the mention of the Klintons. Thanks for the post anyway.

The Klinton phenomenon has become the ultimate socio-moral litmus test of our republic. It will be clear that we are on the road to recovery as a nation when Bill & Hillary are synonymous in the majority of American minds with Ahab & Jezebel. Since most don't know about the latter pair and are profoundly uninformed about the former...I ain't holdin my breath.
29 posted on 06/26/2002 4:58:55 AM PDT by esopman
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To: Quilla
The former commander-in-chief scored big in Web hits, ranking second only to fellow musician Britney Spears. He came in first in press clips, edging out Tiger Woods, who, like Clinton, is an avid golfer.

Ohmigosh, this writing is so bad on so many levels. X42 and the trollop Britney, fellow musicians? And Tiger Woods is an avid golfer? Comparing the dabbler Blubba to these two who are at the top of their respective professions is blatant kneepadism. I'm surprised the writer didn't call Tiger a "duffer" while he was at it, to further boost x42's status in comparison.

30 posted on 06/26/2002 5:08:38 AM PDT by mountaineer
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To: Quilla
"As a young ex-president, TR set a pace that even the hyperkinetic Clinton will be hard-pressed to equal. Just weeks after his second term, he led a safari in Africa, collecting specimens for the Smithsonian. In 1914, he led a 900-mile expedition in Brazil, mapping a tributary to the Amazon, then called the River of Doubt, since renamed Rio Roosevelt. All the while, he kept writing a book a year."

Ah, yes. To put it succinctly, the difference between TR and WJC is that what TR did after being president was of real benefit to mankind, while Clinton's endeavors are solely to line his own pockets.

"The possibility of a third term completely changes things. It's a huge difference [for ex-presidents]," who are now doomed to political irrelevance, notes John Gable, executive director of the Theodore Roosevelt Association.

To which I can only say, THANK GOD for the wisedom of the folks who passed the 22nd Amendment limiting the president to two terms. Now if we could only extend that wisdom to ALL elective public offices.

31 posted on 06/26/2002 5:22:58 AM PDT by Wonder Warthog
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To: esopman
Hopefully they will meet the same fate.

Their bodies thrown out of the city and devoured by dogs.

Regards,

32 posted on 06/26/2002 8:21:33 AM PDT by Jimmy Valentine
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To: Eric in the Ozarks
I want to stand on his tomb to make damn sure

Stand? That's all? Are you sure?

33 posted on 06/26/2002 7:38:31 PM PDT by petuniasevan
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To: Jimmy Valentine
What do you have against dogs?

34 posted on 06/27/2002 4:48:14 PM PDT by steve-b
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To: steve-b
Actually, I think the original translation from the book of Kings said "jackals".

Regards,

35 posted on 06/28/2002 4:46:04 PM PDT by Jimmy Valentine
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