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Why is Hillary trying to raise $2.2 in 2 days if she's been raising $1 million a day anyway?

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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:16 AM
Original message
Why is Hillary trying to raise $2.2 in 2 days if she's been raising $1 million a day anyway?
Her surrogates keep saying she's been raising $1 million a day during the month of Feb. but she has a fundraising drive on her website trying to raise $2.2 million in 2 days to keep up with Obama. Are they lying NOW or were they lying THEN?
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:18 AM
Response to Original message
1. Maybe Penn needs another paycheck?
:shrug:
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:21 AM
Response to Reply #1
5. Yeah. He IS expensive!
:hi:
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:19 AM
Response to Original message
2. She only raised $15 mil in January, and she's been lying since about February.
Edited on Sun Feb-24-08 12:20 AM by TexasObserver
She's trying to raise enough money to pay herself back the $5 million plus interest before she has to drop out.
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quakerboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:21 AM
Response to Reply #2
6. nermind
Edited on Sun Feb-24-08 12:22 AM by quakerboy
stupid question
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ericgtr Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:22 AM
Response to Reply #2
7. At 1.26% interest no less
A big thanks to her campaign supporters for putting that directly into her pocket. At least she won't be leaving this race empty handed.
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:35 AM
Response to Reply #7
14. She has over $40 mil personally, and refuses to give a dime of it to her campaign
That's cheap. That's putting herself first, and dumping on all those small contributors.
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:24 AM
Response to Reply #2
9. Hmmm. Seems kind of dishonest.
Who woulda thunk it?
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:42 AM
Response to Reply #9
20. If she had raised $1 mil per day in February, she'd have $22 mil to spend, and we'd see the ads.
Edited on Sun Feb-24-08 12:44 AM by TexasObserver
She's flat out lying, just like the January reports proved she lied about January.

She ended January spending $29 million.

She raised only $15 million in January.

She loaned the campaign $5 million in January.

So what about the short fall of $9 million?

Well, she owed $7.6 million of it, leaving $1.4 mil, which she had as cash on hand.

She entered February owing $7.6 million campaign debt, not counting the $5 mil the campaign owes her.

That means she started February $12.6 mil in the hole and broke.

Her major contributors are maxed out for the primary, and cannot give her any more money.

She's trying to tap the smaller contributors for more money, but if she gets 100,000 to send $100 each, that's still only $10 million, and that only pays current expenses, with little money for major media. That's why she's pimping the debates and starting fights to get media.

She knows her February reports won't come out until after March 4th, and she knows she'll be out by then, so right now, she's playing to raise enough to pay herself back. Wait until you see how many vendors her campaigns stiffs and leaves holding the bag. She won't pay them, because that would mean using a few million of her $50 million, and that ain't gonna happen.
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:51 AM
Response to Reply #20
22. Good post...
Thanks for the thoughtful post. I'm sure you're right! :hi:
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 01:09 AM
Response to Reply #22
23. I pulled the numbers from her January reports.
Edited on Sun Feb-24-08 01:11 AM by TexasObserver
The 100,000 contributors at $100 each is math = $10,000,000.

In January, she was presumed the winner. In February, she lost that presumption. People don't usually reach into their pockets to fund a campaign they know is going down.

She's going out badly, and she's going to stiff everyone from consultants, to staffers, to mom and pop vendors from all over the country who are sitting on top of $1000 to $10,000 unpaid invoices. She will pay herself first, and that ought to be criminal, but it's not. If you or I did that to a business and put it in bankruptcy, we would be looking at federal criminal charges for fraud.
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Zhade Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 01:44 AM
Response to Reply #23
27. So not only is she trying to cheat (FL/MI), she's using her campaign funds to enrich herself.
What a fucking scumbag move!

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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 02:08 AM
Response to Reply #27
29. They have both become accustomed to living high on the hog, wallowing in newfound wealth, and ...
Edited on Sun Feb-24-08 02:09 AM by TexasObserver
By all reports, she and Bill have made somewhere between $50 and $75 million since 2001, and that excludes the tens of millions secret donors have given to fund Bill's library.

We know he helped a billionaire cut an oil deal with a dictator recently, and got a $31 million "contribution" to the library because of it.

They have both become accustomed to living high on the hog, wallowing in newfound wealth, and never taking their snouts out of the special interest feeding trough.

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anigbrowl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:20 AM
Response to Original message
3. Very lawyerly thing to do...don't ask a question unless you already know the answer
Mind you, I'm sure Obama's campaign took a lon look at the donation figures before deciding to publicize their 'one million people' thing.
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:33 AM
Response to Reply #3
13. Obama's managed his campaign brilliantly the entire time. He's always coming up with
different ways to raise money/get more contributers. Hillary's the one whose fundraising claims don't match with what her website is saying.
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anigbrowl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 01:21 AM
Response to Reply #13
24. That's very true.
I particularly liked their point that hillary's new friends at the 'American Leadership Project' 527 (yeah, like you'll ever do anything to promote american leadership that isn't personified in HRC) wanted 100 people to doante 100,000...going for the 'one million owners of this campaign' was a great idea.

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kennetha Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:21 AM
Response to Original message
4. Because Obama is raising and spending money
like crazy. He outspent her five to one on TV in Wisconsin.
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PresidentObama Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:24 AM
Response to Original message
8. Are you distorting NOW or are you distorting THEN?
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pauldg0 Donating Member (608 posts) Send PM | Profile | Ignore Sun Feb-24-08 12:26 AM
Response to Reply #8
10. I don't get this guy...........
I used to like him.
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:35 AM
Response to Reply #8
15. I'm not distorting anything unless you can point it out. n/t
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DemBones DemBones Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:29 AM
Response to Original message
11. Uh, candidates often like to have special fundraising periods

to encourage more people to contribute. Nothing unusual about it.
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PresidentObama Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:31 AM
Response to Reply #11
12. Clinton's a politician running for President? NOO!! And she wants to raise money?
Must mean she's lying...

Damn Clinton.

:sarcasm:
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:36 AM
Response to Reply #11
17. So she's misleading her contributors? n/t
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BlackVelvet04 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:35 AM
Response to Original message
16. If you aren't donating to her don't worry about it. n/t
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:38 AM
Response to Reply #16
18. I can "worry" about whatever I want.
Edited on Sun Feb-24-08 12:38 AM by jenmito
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BlackVelvet04 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:40 AM
Response to Reply #18
19. Well hope it keeps you up at night. n/t
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 12:49 AM
Response to Reply #19
21. I'm not worrying. That's why I put it in quotes.
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billyoc Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 01:39 AM
Response to Reply #16
25. I'm not worried because I pay my bills. I will make sure the voters in NY
know that their junior Senator doesn't pay hers when she runs for reelection.
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Zhade Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 01:41 AM
Response to Original message
26. When isn't she speaking out of both sides of her mouth?
All those supporters to fleece...

Poor suckers.

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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 01:44 AM
Response to Original message
28. You whin when she is broke and you whin when she want to make $. Get a grip!
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-24-08 01:00 PM
Response to Reply #28
30. I don't EVER "whin." n/t
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