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2016 Postmortem
In reply to the discussion: Why for fours years did Hillary ask all of us to help pay off her 10 million dollar campaign debt? [View all]Ino
(3,366 posts)11. She was *forced* to forgive what she loaned to herself.
http://politicalticker.blogs.cnn.com/2013/01/22/hillary-clintons-campaign-debt-finally-paid-off/
She's not good with money, with a budget. Not a good administrator it seems.
Obama asked us to help pay off her debt!
Clinton's presidential organization spent the final day of 2012 paying down the remaining debt, according to documents filed with the Federal Election Commission late Tuesday.
Clinton's debt reached its peak in June 2008 shortly after the former New York senator suspended her campaign. At that point, her presidential committee owed $12 million to almost 500 creditors and $13.2 million to the candidate herself, who dipped into her personal funds to help finance her campaign.
Campaign finance laws forced Clinton to forgive the amount she loaned her committee because she was not able to repay the funds by a required deadline.
A federal law known as the Hatch Act prohibited Clinton and other federal government employees from personally soliciting or accepting political contributions. The law does allow others to raise funds on Clinton's behalf, without her direct involvement. Former President Bill Clinton periodically sent out fundraising appeals to his wife's campaign email list to help retire her debt.
Clinton's debt reached its peak in June 2008 shortly after the former New York senator suspended her campaign. At that point, her presidential committee owed $12 million to almost 500 creditors and $13.2 million to the candidate herself, who dipped into her personal funds to help finance her campaign.
Campaign finance laws forced Clinton to forgive the amount she loaned her committee because she was not able to repay the funds by a required deadline.
A federal law known as the Hatch Act prohibited Clinton and other federal government employees from personally soliciting or accepting political contributions. The law does allow others to raise funds on Clinton's behalf, without her direct involvement. Former President Bill Clinton periodically sent out fundraising appeals to his wife's campaign email list to help retire her debt.
She's not good with money, with a budget. Not a good administrator it seems.
Obama asked us to help pay off her debt!
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Why for fours years did Hillary ask all of us to help pay off her 10 million dollar campaign debt? [View all]
ViseGrip
Feb 2016
OP
Great Question - Maybe It Is All About Privatizing Profit While Socializing Costs - Like A True 1%er
cantbeserious
Feb 2016
#1
Funny, if it weren't so greedy and sad. Asking people, so many out of work for help with her
ViseGrip
Feb 2016
#7
I skipped my lunch for over a year to send her money back then. It really hurt. I think getting by
LiberalArkie
Feb 2016
#48
Well I have a probable in that I tend to believe people that I trust(ed). And I did manage to get
LiberalArkie
Feb 2016
#52
Yea, But now I pay $50 a year to the helicopter service so I son't worry about it any more.
LiberalArkie
Feb 2016
#61
I live between and Perryville. Yea life, not much to do without it. I am just pissed off about the
LiberalArkie
Feb 2016
#69
I'm so sorry that happened to you. You were skipping lunch so that she could pay herself back.
virtualobserver
Feb 2016
#79
I got those, and this is why I sent them to junk mail. Especially after the 7 min mark.
TheBlackAdder
Feb 2016
#26
Holy shit! I remember that! Well done, Keith! You are the best! I wish you had a TV program.
Enthusiast
Feb 2016
#43
I guess MLK is an example of the good, and Rush as the bad expression of self esteem.
alfredo
Feb 2016
#88
Great beauty can be a blessing or curse. The blessed know the limits of beauty.
alfredo
Feb 2016
#94
At some point I begin to wonder whether it's ethical for Bernie to continue to solicit donations
DanTex
Feb 2016
#25
"from people who probably could be using that money for better purposes in their lives."
Spitfire of ATJ
Feb 2016
#38
"From people who probably could be using that money for better purposes in their lives"
Politicalboi
Feb 2016
#53
You are serious? OMG...poor people wanting a representative for the first time in decades?
libdem4life
Feb 2016
#73
Bernie is not poor, but he has nowhere near the personal money that Hillary and Bill have.
JDPriestly
Feb 2016
#39
Nor do his millions of "small donors". But we can afford to keep on donating our pittances,
libdem4life
Feb 2016
#74
And this year, the issue is not women. It is protecting what is left of our democracy
JDPriestly
Feb 2016
#90
No, the issue surely is not women. We want our Oligarchy turned back into Democracy.
libdem4life
Feb 2016
#91
She is not a good money manager, and that has not been discussed and should be discussed.
ViseGrip
Feb 2016
#9
Not a scam. Just why is she asking us, and why is Obama forgiving her when she has the money?
ViseGrip
Feb 2016
#16
No, there are rules preventing such things. He did ask his donors to help Clinton, see...
PoliticAverse
Feb 2016
#27
According to Hillary she and Bill gave speeches and made money to that way to pay off the debt....
monicaangela
Feb 2016
#40
No Democrat was forced to help her pay off her campaign debts, but millions wanted to, and did.
pnwmom
Feb 2016
#35
they were paying Hillary back for money that she loaned to the campaign
virtualobserver
Feb 2016
#80
He will go into debt if he needs to, and people will help him retire the debt. n/t
pnwmom
Feb 2016
#82
He's already said he won't take matching funds. People often need to take on debt
pnwmom
Feb 2016
#84
People often do in desperation....but Bernie can ask for the money in advance....from us.
virtualobserver
Feb 2016
#85
I remember news stories about her not paying the vendors for her election night events
left lowrider
Feb 2016
#42
As Bernie correctly stated, getting the $$ out of politics is his first priority
FlatBaroque
Feb 2016
#60
That is a silly question. Everyone knows the elite don't pay taxes or their own bills. nt
Live and Learn
Feb 2016
#46
I felt bad she coundn't pay it. But she could! She allows others to pay her bills while making $$$$
ViseGrip
Feb 2016
#63
Silly rabbit,she personally lent the money to her campaign..you were paying HER back
virtualobserver
Feb 2016
#77
If she did this, she should pay back everyone who gave her money with interest.
Bernblu
Feb 2016
#89