At CPAC yesterday, Trump claimed Democrats investigating his “deals” before he assumed office was “sick.” Yet Republicans spent years investigating the Clintons’ involvement in the failed 1979 Whitewater real estate deal, once Bill Clinton assumed office in 1992, making it one of the biggest political controversies of the 1990s.
It began with an investigation into the real estate investments of Bill and Hillary Clinton and their associates, Jim McDougal and Susan McDougal, in the Whitewater Development Corporation. While Special Counsel Kenneth Starr failed to find criminality by the Clintons in that deal, he did eventually dig up other dirt in the course of that investigation, namely Bill Clinton’s affair with Monica Lewinsky that he denied in a deposition, which Republicans used to impeach Clinton.
The Whitewater failed business venture was incorporated in 1979 with the purpose of developing vacation properties on land along the White River near Flippin, Arkansas. The Clintons lost between $37,000 and $69,000 on their Whitewater investment. Trump, on the other hand, has made hundreds of millions of dollars in shady deals with Russians, our biggest geopolitical adversary.
Any time Republicans claim investigation of Trump’s old finances is off limits, we need to remind them of what they did with Whitewater.