Imagine you owe millions of dollars in legal bills and don't have the assets to even make a good start at paying off your debts.
Your current job pays well -- $200,000 a year -- but you know you're going to lose it, along with the federally subsidized housing that comes with it, in little more than a year.
Your wife has no paying job and is no sure thing to win the position she is currently seeking.
What do you do? Well, if you're Bill and Hillary Clinton, you buy a $1.7 million house.
Terry McAuliffe, a longtime friend of Bill, has become a financier of Bill, guaranteeing the $1.35 million home loan the Clintons otherwise would have had no chance of qualifying for. . . .
Not just any home would meet Mrs. Clinton's political needs as she seeks to establish residency in New York and burnish her Senate credentials. . . .
A first family with a steadier moral compass would behave as most ordinary citizens do: Buy only as much house as they can afford, and avoid any sweetheart deals from friends that might one day want special favors in return.