Wednesday at the Clinton Foundation’s annual Global Initiative, Rip Rapson, the CEO of The Kresge Foundation, a $3 billion philanthropic private foundation based in Detroit, told a story from earlier this year when former President Clinton purchased watches to support a local business Shinola, that makes high end watches with Swiss movements that retail between $500 to $1,000 dollars.
Clinton interrupted Rapson to make sure everyone knew he had purchased 14 timepieces and he simply gave “them away in hopes that he will make you more customers.”
Bill Clinton comments come on the heels of his defense yesterday claiming his wife Hillary was not “out of touch” trying to quell the controversy that has erupted since her first book tour misstep when she told ABC News’ Diane Sawyer that her family “came out of the White House not only dead broke but in debt,” adding they had “no money.”
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