Clinton Dips Into Pocket to Keep Up With Obama; Loans $5 million to campaign

[DeepModem Mom]

NYT/Reuters: Clinton Dips Into Pocket to Keep Up With Obama
By REUTERS
Published: February 6, 2008

WASHINGTON (Reuters) - Democrats Barack Obama and Hillary Clinton looked ahead on Wednesday to a long and bruising presidential battle, and Clinton said she loaned $5 million of her own money to the costly fight to keep pace....

Clinton tried to keep up with Obama's growing fundraising prowess -- he raised about $32 million in January to her less than $14 million -- by loaning her campaign $5 million of her own money late last month.

"I loaned it because I believe very strongly in this campaign," she told reporters at her headquarters in Arlington, Virginia, a state that votes next Tuesday. "We had a great month fundraising in January, broke all records, but my opponent was able to raise more money and we intended to be competitive and we were and I think the results last night proved the wisdom of my investment," she said.

As a show of solidarity some Clinton staff members have volunteered to go without pay, a Clinton spokesman said.

The Obama campaign urged its supporters to match Clinton's injection of funds and had already raised some $5.6 million since the polls closed on Tuesday, according to the Obama Web site....

http://www.nytimes.com/reuters/washington/politics-usa-politics.html

[Blue_State_Elitist]

1. Thank your posting this.

There weren't enough threads already.

[DeepModem Mom]

3. Sorry, I've been offline and out of touch with things since early morning.

I'm a pretty neutral poster, you may know -- and usually post articles without comment, as an FYI for both supporters and detractors. I am not anti-Hillary.

[Blue_State_Elitist]

4. Sorry for the snark.

:hi:

[DeepModem Mom]

7. No prob -- I hear ya!

Same has happened to me, when I've been glued to both news coverage and postings here, and suddenly someone posts -- and I think, how could they possibly just be finding that out when it's been hashed and rehashed all day!

[grantcart]

5. well to bring you up to date

there was rumor

then denial

then possible confirmation

then scepticism

then admission

then many confirmations

then admission during a press conference

then analysis1: this is the end for Hillary

then analysis2: this is a ruse by Hillary

then all kinds of weird spins by both sides: it's good for us, bad for them

then Obama campaign said they were going to raise some money in response like $ 5 million

then they did then they kept going and hit $ 6 million in one day

then they kept going at a rate of $ 4,000 per minute

and then you posted

[DeepModem Mom]

6. Oh, gosh, grantcart, I had no idea! I appreciate the update --

you are a heck of a reporter!

[grantcart]

10. yeah and then the folks who actually have lives come in

make an innocent post and the insanity starts a new cycle lol

[SaveOurDemocracy]

8. wow ... good summary!

Very succinct!

[Cha]

9. That was fun!

'Cause I missed some of that..the beginning:)

[Exultant Democracy]

2. HC's game-plan: stay in the race a few more weeks, pay herself back and

bounce after she gets creamed in the next 7 states cause it is clear she isn't putting any staff into them in an attempt to win.