Hillary's campaign is broke, Obama has $31.6 million and $7.3 million set aside for the general.

[jefferson_dem]

March 21, 2008, 3:25 pm
Clinton’s February F.E.C. Filings
By Michael Luo

Despite a strong month of fund-raising in February in which she brought in $35 million, Senator Hillary Rodham Clinton finished the month essentially in the red, once her campaign’s outstanding debts are factored in, as well as her personal loan, according to filings submitted late last night to the Federal Election Commission.

After spending about $31 million in her efforts to keep up with Senator Barack Obama, Mrs. Clinton finished February with more than $33 million in cash on hand, but $21.5 million of that is earmarked exclusively for the general election, leaving her with $11.7 million for the primary.

Mrs. Clinton, however, loaned her campaign $5 million earlier this year and she listed $8.7 million in debts to various vendors, making clear why she has not yet paid herself back from her loan.

By way of comparison, Senator Barack Obama, her Democratic opponent, brought in $55 million in February, a record-setting sum, and spent about $43 million, leaving him with $31.6 million in cash on hand available for the primary and $7.3 million set aside for the general. He also did a much better job paying his bills, listing just $625,000 in outstanding debts.

http://thecaucus.blogs.nytimes.com/2008/03/21/clintons-february-fec-filings/

[DJ13]

1. outside of travel expenses does she really need money when.....

......using the kitchen sink strategy anything negative she puts out about Obama gets carried 24/7 by the MSM?

:shrug:

[stillcool]

13. It must be expensive to..

play cheap tricks with the media. I wonder if she out-sources some of her key-board warrior jobs to India?

[Yes We Did]

16. LMAO! You beat me to it!

[TwilightGardener]

2. I'm telling you, it's pretty much over. Bill Richardson, Bill Clinton's

stupid comment, the cash crunch--the Clinton campaign is circling the drain.

[tekisui]

3. She also used $10 million of her Senate campaign money FOR

this losing Primary.

[Egnever]

4. "He also did a much better job paying his bills"

This I think is telling.

I realize that part of the reason he is able to pay his bills is because he is generating so much cash but even given that he doesn't over extend himself. I think this shows a mindset that will be important should either one of them win the presidency.

We are in a world of financial hurt at the moment and the days we could get away with spending without caring about our deficit are over.

[gateley]

5. Kind of OT -- a campaign $$$ question --

If Obama makes it to the GE, can he use any "balance" he might have left over from this campaign?

And conversely, could Clinton dip into her $21.5 she has earmarked for the GE?

Thanks.

[4themind]

9. I could be wrong but..

My understanding was that hillary or obama can use funds earmarked for the GE IF they forgo public financing for the GE, if not I believe they'd have to return that money (earmarked for the GE) to the donors.

[gateley]

12. Thanks! nt

[EmperorHasNoClothes]

25. I believe the $21.5M is earmarked for the GE

because those donors already gave the maximum of $2300 for the primary. Each donor can give up to $2300 for the primary and an additional $2300 for the GE.

[gateley]

33. Gotcha - thanks. nt

[anigbrowl]

6. So...who do you want in charge of the economy?

Sure...she didn't expect such a tough opponent in Barack Obama...but part of financial skill is in planning for contingencies and being ready to expect the unexpected.

[dkf]

7. I hear she has a huge unpaid health insurance bill for her people.

Not good.

[goclark]

26. With the economy in the toilet ~ I don't want HillBill making $$

decisions based on the way they run their campaign!

She must not have 'experience" with the Economy Issue.

[Catherina]

8. Where on earth did all that money go?

We know it wasn't going for quality online help.

[Binka]

14. I Just Laughed OUT LOUD!

:hi: You!

[Catherina]

31. It was too fitting to resist

Something evil this way came :hi: All this race talk and excuses for bad behavior has really gotten to me. If it weren't for the real world, I'd think our nation was still stuck in the glorious Southern 50s.

[stillcool]

15. good one...

:rofl:

[Catherina]

34. Wicked I know...

but not undeserved. :spank:

Seriously. $500,000 in parking? Her campaign is nutz!

[uponit7771]

20. lol

[ellisonz]

22. Imported French Perfumed Toilettes for Mark Penn's Flop and Jowl Sweat.

x(

[slinkerwink]

23. haha, and she kept naming her website in all the stump speeches

[Stephanie]

30. Flowers, parking, suites at the Four Seasons

It's really amazing that she expects anyone to believe she has the ability to manage the federal budget when she can't even manage her own campaign funds.

[Catherina]

35. That really gets me

Or make any contingency plans in case the servants missed the royal deadline.

[Scurrilous]

10. K & R

:thumbsup:

[Voice for Peace]

11. Makes me want to donate again to Obama nt

[dkofos]

17. I guess she spent too much on dirty tricks.

[smiley_glad_hands]

18. If she cannot buy airtime, the media will eventually ignore her.

Money talks. Sad but true.

[dansolo]

19. I wonder if this is the real reason for the "kitchen sink" strategy

It is a whole lot cheaper to campaign by saying something provocative every day, and have the MSM repeat it ad nauseum. She can afford to sustain her campaign.

[rug]

21. Gee, with all that money you'd think he'd have wrapped it all up by now.

What's the problem?

[jefferson_dem]

24. He has.

Problem is some folks don't realize they've already lost.

[rug]

28. I must have missed him getting those additional 400 - 500 delegates.

But then, I live in the present.

[wileedog]

32. She had that much to start

and was 30 points up in the polls. She's spent millions and millions to go from inevitability to hanging on by a fingernail.

Other than that, great point.

[rug]

36. She didn't start with $180MM and a 100 delegate difference is not hanging by a fingernail.

Other than that, great point.

[BeyondGeography]

27. Let them be judged by the quality of their campaigns

[Stephanie]

29. She's $14M in debt, her donors are maxed out, her campaign is FUBAR

Give It Up, Sen. Clinton.

[MzShellG]

37. I'm sure the super delegates are paying close attention to her money mgt as well....

And taking all of that into consideration. It speaks volumes about who will balance the nations budget more effectively.

[GumboYaYa]

38. That's why it has been over for Hillary for a long time.

A compliant press is the only thing keeping the illusion of her campaign alive.