Hillary Clinton, Public and Private (selections from the unredacted transcript)
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Sawyer: Let’s talk about your family’s income after the two of you left the White House. Your husband has been paid more than $100 million to give speeches, and you’ve received two multimillion dollar book advances, as well as being paid $200,000 per speech. Does this seem . . . I’m searching for the right word here . . .
Clinton: Wrong?
Sawyer: Well not wrong, exactly, and of course certainly not illegal, but some might say it’s unseemly for public officials to profit from their time in office in this way.
Clinton: No, I’m pretty much going to go with wrong. It’s wrong, first, because it’s completely obscene that we have an economic system in which some people “earn” one thousand or ten thousand times as much income as other people. Second, while this would be wrong under any circumstances, it’s especially wrong because the people who earn $12,000 per year are usually doing something that has obvious social value, like taking care of children, or cooking food, or cleaning things that need cleaning, while the people making $12,000,000 or $120,000,000,000 per year are usually doing things like speculating in the financial markets, or giving banal speeches to people who speculate in financial markets — two activities that have no apparent social value whatsoever.
Or, to choose another example at random, perhaps they’re doing interviews like this one, in which a celebrity journalist who is paid $12,000,000 per year asks a celebrity politician questions written by someone else about the celebrity politician’s basically fake “book” — also written by someone else, needless to say.
Sawyer: This all sounds very radical, and not appropriate for a network audience. Why do you take the money if you feel this way?
Clinton: I don’t know — why do you take the money? Oh wait, I think I know the answer to my own question: because it’s there! But “because it’s there” doesn’t mean that it’s right that it’s there. It shouldn’t be “there” in the first place. Or if it’s going to be there, 70% or 80% of it should go to the government, just like back when the American Communist Party managed to get Dwight Eisenhower elected president.
Sawyer: Doesn’t saying things like this open you to charges of hypocrisy?
Clinton: Diane, we’re both part of the same hypocrisy.