Serious question: where has Hillary's money gone?

[Clarkansas]

I thought she had raised about as much as Obama, and I was under the impression that Obama was spending more than she was (maybe that impression was wrong). I doubt she is broke, but how did she get to the point where she needed to loan her campaign 5 million?

[TomClash]

1. Mark Penn is expensive

. . . for one thing.

[Schema Thing]

5. Yep, she's paid/owes him to the tune of about 6 mil.

[Bread and Circus]

8. Boom!

:rofl:

[Name removed]

9. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Tarc]

16. Yea, it is rather easy to pick the low-lying fruit

when you're knuckles are already dragging on the ground.

Drop the Rovian talking points, eh?

[SoFlaJet]

17. it was a JOKE

jeez gimme a break will ya?

[ChairmanAgnostic]

29. well, maybe not a joke.

actually, there are -

never mind.

[hedgehog]

38. Hey, you have to admit, not even the Republicans have ever accused

Bill of paying for sex!

[earthside]

10. Well, Bill Isn't Flying Coach ...

... you can be sure of that.

[HiFructosePronSyrup]

2. The Hallmark Infomercial?

How much does Ron Popeil make these days?

[joshcryer]

3. The spot itself was 500k, but I am pretty sure having a townhall in each state...

...costed significanlty more than that when all is said and done.

[Neecy]

4. that's a good question

Her ad buys have hardly been wall-to-wall.

I'm guessing she has a much higher overhead due to consultants, pollsters, and various hangers-on.

You know what's kind of sad? That she funded that little Hallmark "Hour that was actually a half hour longer" special out of her own pocket.

[ChairmanAgnostic]

11. millions, like 7-10, on polling folks locally.

due to Penn-man-shit.
probably as much on focus group groping.
also due to Penn.

hucksterbee has spent less totally, than hillary has spent on polling.

[Radical Activist]

20. That would be stereotypical for the Clintons

to blow so much money on polling. I guess she wouldn't know what else to say or how to act without constant polling. Is it any surprise that people are suspicious when she has an overly emotional moment only once at a critical time? Or that she suddenly has a huge clown smile at all times?

[ChairmanAgnostic]

24. I wuz wrong. she disclosed, in december, 2.74 mill in polling costs.

but focus groups are not mentioned.

my bad.

[rinsd]

6. Openscrets has expenditure breakdowns

http://www.opensecrets.org/pres08/index.asp

Next FEC report is due for Jan 2008 on Feb 20th

[Clarkansas]

13. That claims she has twice the money as Obama, right?

So why is she the one to be self financing? Why are staffers volunteering? I still don't get it.

[rinsd]

15. It is based on FEC reports, that cover up thru 2007.

You asked what she spent the money on, I gave you the best current info available and let you know when the new data for Jan would be ready.

[ChairmanAgnostic]

22. heh

DLA Piper $470,150
Goldman Sachs $407,561
Morgan Stanley $362,700
Citigroup Inc $350,895
Lehman Brothers $237,270
EMILY's List $215,916
National Amusements Inc $210,010
JP Morgan Chase & Co $202,320
Kirkland & Ellis $179,676
Greenberg Traurig LLP $177,800
Skadden, Arps et al $167,546
Merrill Lynch $165,042
Cablevision Systems $145,313
Time Warner $144,977


these are her top corporate masters and owners. call them investors in a pro corporate presidential candidate.

[rinsd]

27. Yup...no corporate money for Obama

Goldman Sachs $421,763
UBS AG $296,670
Lehman Brothers $250,630
National Amusements Inc $245,843
JP Morgan Chase & Co $240,788
Sidley Austin LLP $226,491
Citigroup Inc $221,578
Exelon Corp $220,267
Skadden, Arps Et Al $196,420
Jones Day $181,996
Citadel Investment Group $171,798
Harvard University $164,978
Time Warner $155,383
Morgan Stanley $155,196
Google Inc $150,329
University of California $140,429
Jenner & Block $136,565
Kirkland & Ellis $134,738
Wilmerhale Llp $119,245
Credit Suisse Group $118,250

:eyes:

[Me.]

7. I Bet A Huge Chunk Has Gone To Her Consultants

On the dem side consultants or strategists get 10-20% of all ad buys. The Cons pay theirs a flat fee.

[GoldieAZ49]

14. they are working without pay in Feb

[Me.]

18. Not Everyone Is Working For Free

“Even if his candidate fails to secure the Democratic nomination, Mark Penn, the chief strategist for Sen. Hillary Clinton, has profited quite handsomely.

Through the course of the primary, Penn's consulting firm, Penn, Schoen & Berland Associates, has been paid more than $4.3 million by the Clinton campaign, according to a review of campaign finance filings.

That total, compiled by the Center for Responsive Politics, includes receipts for tasks ranging from polling and consulting to mail expenses and even photography. It does not include the $1.5 million the Clinton campaign is in debt to the firm.

Sen. Barack Obama's chief adviser, David Axelrod, has not done too poorly either. His firm, AKP media (for which Obama's campaign manager David Plouffe also serves) was paid more than $1 million by the Obama campaign, primarily for media activities.”…

http://www.huffingtonpost.com/2008/02/06/mark-penns-firm-paid-4_n_85192.html#comments


Plus this:

“It is not uncommon for candidates to spend their cash on the firms and companies associated with their advisers. And the elongated primary, combined with the historic fundraising totals, have pushed campaign expenditures increasingly higher. Still, the totals taken in by Penn and, to a lesser extent, Axelrod represent significant hauls for a year-plus work.”

[GoldieAZ49]

36. The Top Aides Are - the ones she needs the most

Update: Time's Mark Halperin reports a rumor that I've heard circulating among campaign sources for weeks: Top Clinton aides are working without pay to save the campaign money. Hard times call for hard measures. While this is generally a bad sign for a campaign's bank account, it's not always a bad thing. It can separate loyalists from fair-weather operatives and turn bloated, consultant-run operations into lean, focused machines. Just ask John McCain, who pulled a similar maneuver earlier this cycle.

[Me.]

41. Not To Argue The Point (Too Much)

But Penn is the topmost and has veto power over everyone else and while if Mandy Grunewald and Ickes plus others are giving her a freebie for the month, in fairness to HC, she and BC have paid them all beaucoup bucks over the years

[GoldieAZ49]

43. Does it look like she got what they paid for?

[Me.]

45. I Think Only She Can Answer That

The point of the thread is why is she out of money, and I believe the answer is in large part because Dem candidates have for decades now been paying premium prices for consultants and strategists. Our side would be far better off if flat fees were paid, for one thing. It would also not leave a candidate who has a shot at the nom from being financially hamstrung. And frankly, one has to wonder why these premium people haven't been more effective with the internet. I suspect that they went for the big donors never dreaming they would be matched or outmatched by any of the other candidates.

[GoldieAZ49]

12. Hillary supporters are not DONATING???

I wonder why not?

[TexasObserver]

19. They'd have to stop typing.

[GoldieAZ49]

33. and put their money where their mouth is!!!!!

[Name removed]

21. Deleted message

Message removed by moderator. Click here to review the message board rules.

[GoldieAZ49]

30. you obviously have not looked at the financial reports they are required to give

Hillary supporters are mostly $2300

Obama supporters are mostly $200 or less

Buy a friggin clue, they have MILLIONS and want YOUR money

[Radical Activist]

23. They can't figure out how to make online donations because their grandkids are voting Obama.

I'm only half joking. Her voter base is much older and they've never participated in an net-driven campaign before.

[catagory5]

25. GAllup Bitch

Gallup.

[Radical Activist]

26. huh?

just lashing out?

[GoldieAZ49]

37. LOL and they are not used to the candidate needing their donations

[woolldog]

40. They don't know how to use the internet

:-)

[aint_no_life_nowhere]

28. I'm really tired of American politics being all about $$$

I wish the Congress had the political will to enact legislation that required all networks and broadcasters to provide free time to the major candidates to present their message. And this year-long campaign to choose a nominee and then a President is far too long, with too many separate primaries, too many debates, too much hoopla and talking heads on our TV screens. Other democratic countries don't have anything that even vaguely resembles this celebration of campaign financing and money.

[catagory5]

31. yeah sorry

ns

[GoldieAZ49]

39. CSPAN does this

but that doesn't reach most of the country because they are not interested

the supporters of the candidates need to donate

On the tax returns you can give $3 to the general fund, does not affect your taxes

[alcibiades_mystery]

32. Gone to soldiers, every one

Oh when will we ever learn?

[woolldog]

34. Hmmm

I guess her 35 years of experience didn't teach her the importance of fiscal responsibility.

[MzShellG]

35. Super delegates? Who knows...nt

[LordJFT]

42. to Bill's young interns, every one, when will they ever learn, when will they ever learn?

[TexasObserver]

44. Did you hear what Hillary gave up for Lent?

Paying her staff!!