Sorry Hillary, Loaning your campaign money doesn't show conviction

[Egnever]

Giving your money to your campaign does. Mitt showed conviction by giving his campaign money. You showed a win at all costs but my own cost attitude. You LOANED it. Knowing full well you would get it back. Thats not conviction thats playing your donors for suckers!

[Proud2BAmurkin]

1. she didn't know she could get it back

[NightWatcher]

2. she could write it off as a loss if she never repaid herself

it IS tax season after all

[TexasObserver]

8. Wrong. Not tax deductible.

If she doesn't loan the money, it's gone forever.

[golddigger]

3. Rezko trial in two weeks...eom

[Bread and Circus]

6. OMG no!!!! flee everyone....flee!!!! Where's my panic button!!!

[golddigger]

12. Well, you have two weeks to find it...n/t

:evilgrin:

[IndieLeft]

21. Looking forward to it. Then you can all shut up about this non-issue.

[DJ13]

4. Showing where she GOT that much money could LEAD to a conviction

I think she just mixed up the script of her speech.

[TexasObserver]

25. probably several - hers, Bill's

[Bread and Circus]

5. I didn't realize that she could have just given it to her campaign instead of loaning it.

:popcorn:

[fenriswolf]

7. what do you think mitt did?

and ross perot.

[MonkeyFunk]

16. Romney's money was technically a loan

not a gift.

[fenriswolf]

18. how so?

he sure as heck didnt raise enough donations to cover the loan.

[MonkeyFunk]

20. It was a loan

had he won, he could've continued having fundraisers to retire the debt. As it is, he'll probably write it off as a loss.

But it was still a loan.

[fenriswolf]

22. k but still

you can fund your own campaign. Its not illigal. Hillary chose to refill her personal bank account with money giving to her campaign coffers.

[onenote]

23. first, as pointed out, Mitt gave his campaign loans, not gifts

Whether and to what extent he will be able to retire that debt and repay himself is yet to be seen. I guarantee he will be trying to continue to raise money to do so.
Also, you assume that HRC's campaign has paid back the loan. While they raised enough money to do so, I've not seen any story that indicates that they've actually done so.

Please provide a link if you have evidence that the loan has actually been repaid out of campaign funds rather than that enough has been raised to cover the loan.

[joshcryer]

9. Yeah, because she was guaranteed a moderate win on Feb 5th.

She saw what she was up against and she put her money where her heart was. That was like half of all of her own money (she cannot use Bill's money). That's conviction, she could've easily lost it.

She may still lose it if her campaign goes broke and she doesn't pay it back before then.

[fenriswolf]

10. how come she didn't report that she loaned it

untill after she asked for additional donations? she loaned her campaign money and new she would get enough donations to recover her loss, then after she pays herself back shes gonna need even more money to contineu her campaign. If i was her supporter i would want my money to go to a campaign add, not to her bank account.

[bornskeptic]

11. Romney also loaned his campaign money.

Multimillionaire Steve Forbes was the subject of quite a bit of scorn among GOP political circles for the multimillion-dollar loans he gave his quixotic campaigns for the presidency in 1996 and 2000. Less discussed in the 2008 presidential contest is the fact that multimillionaire former Massachusetts Gov. Mitt Romney is now outpacing Forbes in self-loans.

Story
Caucus-Goers Prepare for Early Iowa CaucusBy the end of the third quarter of this year, according to Federal Election Commission reports, Romney had loaned his own campaign $17.4 million in personal funds — not including a donation of a $61,435 Winnebago.


http://abcnews.go.com/Politics/story?id=3714738&page=1

The difference is that with a loan the candidate can recoup all or part if the campaign has money left at the end. There is certainly no guarantee that she will get it all back; in fact that seems rather unlikely.

[aquarius dawning]

13. Putting your money where your mouth is doesn't show conviction?

[Yael]

14. She didn't put anything anywhere -- she loaned it and the donors

paid her back.

Middle class people sending $50 and $100 to replenish her savings account of the $5mm she temporarily took out.

[aquarius dawning]

15. She still risked her own money on herself. That does show conviction. Sorry.

[MonkeyFunk]

24. Where's the story that she's

repaid the loan?

[Yael]

26. Wheres the story that she is moving it off the red column in the books?

After she drops, she will pay her debts out of remaining campaign funds. Thats how accounting works.

[MonkeyFunk]

27. You're changing the story now.

Not unexpected.

[Yael]

28. I am not changing a thing

She put it on the books as a loan, not self financing.

This is how she will get her money back out of the remaining campaign funds.

If she 'self financed', it would be locked in and only able to be used for campaigning.

How is this so difficult to grasp? It isn't about her believing in her campaign -- it is about her repaying her savings account off of her donors.

[onenote]

29. your guy John Edwards did the same thing when he ran for Senate,

But you knew that, of course.

[MonkeyFunk]

17. Your premise is wrong

Romney's money was a loan.

[Redstone]

19. And I'm sure she'll take your opinion into consideration.

Redstone