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$22 Million Hillary Raised In April Does Not Include Loans
A number of you have written in to ask whether the $22 million raised by Hillary in April includes the $6.4 million she lent herself in recent weeks. She lent her campaign $5 million on April 1; the rest came in May.
Hillary spokesperson Howard Wolfson confirms that the $22 million does not include the loans.
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I've always loved you, Tena X.
There, I've said it. Finally.
May 20, 2008 9:57 PM | Reply | Permalink
i love you more Tena X
May 20, 2008 10:01 PM | Reply | Permalink
I know goats gotta be free, but I'll wait for you.
May 20, 2008 10:08 PM | Reply | Permalink
If you're interested, there are at least seven other gotalifes on these boards.
May 20, 2008 10:11 PM | Reply | Permalink
there seem to be a few gotalifefans around here too.
May 20, 2008 10:16 PM | Reply | Permalink
Monkey-Goat big love.... that should make Scalia's head explode.
May 20, 2008 11:05 PM | Reply | Permalink
Perhaps they can just release their FEC report. It would save a lot of questions, like: how much debt they have? How much of the money is for the primary? How much cash on hand?
May 20, 2008 9:58 PM | Reply | Permalink
Uh yea. Howard Wolfson and Team Clinton are telling the truth. We have no reason to believe they're not. As far as I know.
When you have a source other than Howard Wolfson, maybe I'll believe that number. Until then, it's meaningless.
May 20, 2008 9:59 PM | Reply | Permalink
Will the loans be reflected in the cash on hand?
May 20, 2008 10:00 PM | Reply | Permalink
They probably won't publicize their debt and cash on hand, it would probably send the rest of their superdelegates running for the door.
May 20, 2008 10:05 PM | Reply | Permalink
Greg
How about posting those break-ups for her numbers ... you know like you did for Obama in block quotes?
That would answer many questions .. or would it ?
May 20, 2008 10:06 PM | Reply | Permalink
The Obama campaign provided them. The Clinton campaign is purposely not filing their report until the very last minute so that it doesn't hit the morning papers. Wouldn't want to step on their momentous victory in KY, now would they?
May 20, 2008 10:09 PM | Reply | Permalink
Typically Clintonian. Isn't it ?
And of course, our Greg would breathlessly post her April Number "does not include loans" in 24 point headline instead of wondering why her camp has not released the break-ups of that number like Obama did ?
May 20, 2008 10:47 PM | Reply | Permalink
Let's give her a little more credit.
Hillary can raise real money. Unfortunately not enough.
It's not looking good right now. I still want Hillary to be my president, but if it comes down to it, I will back Obama vs. McCain.
We're united against John McCain, no matter what. Though I would like to see Hillary in the cabinet to delivery on health care.
May 20, 2008 10:10 PM | Reply | Permalink
gotalifefan? Where are you?
May 20, 2008 10:12 PM | Reply | Permalink
I've been here. I just... I don't know what to say. I've been quiet because I don't know who to root for anymore.
Gotalife, tell me you didn't drink the cool aid! Say it ain't so!!
May 20, 2008 10:15 PM | Reply | Permalink
Don't you realize the hacker is not fucking with me, he's fucking with you.
May 21, 2008 1:24 AM | Reply | Permalink
I'd ask my troll to try to tone down the language. If he disagrees with my change of heart - this is fine - but to curse a blue streak to no apparent end seems petty and childish.
Let's stand united against McCain and the GOP. Anything less would be against our core values as Democrats.
May 21, 2008 1:47 AM | Reply | Permalink
I knew fogu2 and you, Registered User, are no fogu2.
May 21, 2008 3:15 AM | Reply | Permalink
What's with Registered User stealing fogu2's old icon? Not cool. Registered User, please let fogu2 be. He's finally been acting cool.
May 21, 2008 3:18 AM | Reply | Permalink
Well if Wolfson said it... it must be true.
May 20, 2008 10:19 PM | Reply | Permalink
elonepb: Spot on. The loan was probably included in the $22 million. Wolfson must have been doing goalpost-extension math on this one too.
May 21, 2008 1:07 AM | Reply | Permalink
So hopefully she and her supporters can retire her debt without needing to ask Obama supporters.
And yes, I know we're supposed to be coming together.
May 20, 2008 10:38 PM | Reply | Permalink
Ask Wolfson if the 22 million is from donors and if that money is primary or general election money. Also ask if any part of the money reflects a loan.
May 20, 2008 10:40 PM | Reply | Permalink
Fellow Obama supporters. Never look a gift horse in the mouth. Take the Clinton campaign numbers and run with them. Do not question them. They are actually letting us off the hook.
Why is that you ask. Now I am going to channel my fellow Celt, Craig Ferguson. Well I will tell you why.
Since the Clinton campaign says that they are
rolling in dough, they will not need any help from us to pay off their campaign debts. Get it.
They say that they have plenty of money. That means we can donate to help other candidates instead.
Isn't that great news.
May 20, 2008 10:43 PM | Reply | Permalink
Agreed. Also defuses the argument that Obama has all the money on his side.
(That being said, the number is meaningless if you don't know how much of it is for the primary, how much debt the campaign is running, etc.)
May 20, 2008 10:57 PM | Reply | Permalink
Damn straight it is!
May 20, 2008 10:59 PM | Reply | Permalink
She's broke, folks. Honestly, I want to know: Since Jerry Brown's run in 1992, has there been a presidential candidate who so shamelessly begged for money?
May 20, 2008 10:58 PM | Reply | Permalink
So, this money doesn't include the loan. Is she using it to pay back the loans?
Did that kid sell his bike so the Clintons could cover the call on their GE stock?
May 21, 2008 1:12 AM | Reply | Permalink
And we believe ANYTHING they say about fundraising why?
They flat out lied abut there huge haul after PA... they have bullshitted everyone about their finicals since before Super Tuesday.
Man I wish I had you in a poker game Greg.
May 21, 2008 3:02 AM | Reply | Permalink
And we believe ANYTHING they say about fundraising why?
They flat out lied abut there huge haul after PA... they have bullshitted everyone about their finicals since before Super Tuesday.
Man I wish I had you in a poker game Greg.
May 21, 2008 3:03 AM | Reply | Permalink
speak for yourself! I'll vote Nader before I vote for him!
May 21, 2008 3:55 AM | Reply | Permalink
Here's the real story, courtesy the L.A.Times:
But here's the morning after, pay-up time.
Clinton's campaign debt has now soared to nearly $31 million, according to numbers crunched early this morning by The Times' campaign finance guru, Dan Morain.
She added another $9.5 million in unpaid bills to vendors this past month alone, pushing her total debt to vendors and herself to the new astronomical figure, about a 50% debt increase in one month.
According to a campaign release put out Tuesday evening as election returns revealed her big win in Kentucky and loss in Oregon, Clinton raised "approximately $22 million" from other people in April. The release also touted that $10 million had poured in within 48 hours of another lopsided Clinton victory over Obama, that one in Pennsylvania, and said it was the second best fundraising month of her entire campaign.
But the number collected is actually closer to $21 million and the release also neglected to mention that she spent $28.9 million, nearly $8 million more than she took in. She used personal loans to make up part of the difference. She also delayed payments to consultants. Including the $9.5 million in unpaid bills from April, she owes consultants and other vendors $19.5 million.
Not to mention the total $11.4 million she has loaned herself.
Here's the link:
http://latimesblogs.latimes.com/washington/2008/05/clintondebt.html
Her campaign is every bit as dishonest as the Bush admin.
May 21, 2008 8:25 AM | Reply | Permalink
This is a mind-boggling figure. If accurate, it means they've gone another $10 million or so into debt in just a few weeks time. And if they did it assuming Bank Barack would bail them out, then shame on them.
May 21, 2008 9:33 AM | Reply | Permalink