Clinton Campaign Actually 2 Million In Debt RIGHT NOW!!

[SoFlaJet]

The HRC's COH of $33,174,862.16 sounds like quite a wad!

Here's the problem with that number.

1) $8,733,609.11 in outstanding debt. This rbings the total down to $24,441,253.05. That's still a wad of money! But wait, there's more...

2) There's another number to take into account. That's her nearly. $22 million that can only be used in the General Election. Giving her the benefit of the doubt, that leaves less than $3 million for her to spend in the primaries. But wait, there's more...

3) You cannot leave out the $5 million loan she gave herself.

Bottom line, Hillary Clinton's campaign ended February more than $2,000,000 in the red.

By contrast, Obama ended February with more than $38.8 million cash on hand. About $8 million is GE only and about $625,000 in debt leaves Obama with just over $30,000,000 to spend on the primaries.

And it doesn't end there. Obama has received more than 925,000 donations to date in MArch. If we lower expectations on the average donation size from the February average of ~$75 down to $50, that's more than $2,000,000 per day. If he's maintaining a burn rate of $1.5 million per day, he's going to end March with more than $50 million on hand.

[tekisui]

1. And, she used $10 million of her Senate Campaign money.

[LSparkle]

2. Hm, guess she'd better get her checkbook out ... AGAIN

I can't wait to see those tax returns.

[DJ13]

3. You know how much it costs to keep a queen happy?!

:hide:

[Cha]

4. No wonder elton john's gonna do

a fundraiser for hilary.

[maddiejoan]

5. Not true

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=5193545&mesg_id=5193545

[Schema Thing]

6. what does that link have to do with this OP's premise?

[Blarch]

30. excuse that poster...

she is in huckabee land. She also believes that Obama doesn't have a lead. Poor thing.

[quakerboy]

28. Maybe its just late and I am too tired,

but I fail to see what that link has to do with the OP, particularly in regards to its truth or falseness?

Please spell it out a little better for those who are sleepy and slower to connect data points

[slinkerwink]

7. do we really need someone financially incompetent as President?

[Joe the Revelator]

8. Damn, if thats how she runs her campaign, imagine what she would do with the country.

[dkf]

9. If we want to fiscally blow up the country, she's our girl!

[AZBlue]

11. My thoughts exactly.

[better tomorrow]

10. so did she take back her 5 million loan?

[ecstatic]

12. Is that what it will take? Do we need to pay the Clintons 2 mil to get them to go away?

Is that the only reason why her Quixotic mission is continuing?

[hogwyld]

13. I heard an interesting bit of info on this board

Someone mentioned that it cost the campaigns about $2 to process a donation. If all of the Obama supporters donated $.01, she'd be broke in no time. Don't know if this would actually work or not, but it's an interesting thought.

[Catherina]

14. $.01 ok but not a penny more

:rofl:

[better tomorrow]

22. come on, isn't it worth your two cents?

[Catherina]

24. Ok. $.02 but not a penny more. And cash only, definitely not by credit card

Not after what happened to Kathy Callahan when Clinton fraudulently ran up unauthorized charges on her credit card. You can see the charges she had to fight to get refunded if you search on Kathy Callahan. She's supporting Barack Obama now.


The HRC campaign had to refund over $2.5 million to donors who didn't authorize charges on their cards.


So it has to be cash you understand. $.02 and not a penny more!


PS Clinton supporters, check your credit card statements carefully if you don't have money to throw around.

[better tomorrow]

32. but, remember, the price of copper is up, so it will be worth a little more when they cash it in...

think again....

[Catherina]

33. Good reminder. $.01 then and not a penny more!

[myrna minx]

26. Come on. I think we can win on our own merits, not stooping to something like this.

[Colobo]

15. Terrible management.

[Arugula Latte]

16. Ready on Day One ... To Botch Things Up

[crankychatter]

17. Excellent Post.... nothing inside

[slinkerwink]

18. She's Ready On Day One To Mismanage Superbly!

[mmonk]

19. I thought she has 3 million and Obama has 30 million.

Thought I saw that at the Huffington post or somewhere.

[scheming daemons]

20. If each of us 2 million Obama donors gives Hillary a dollar, she can be debt free....

....and quit the race.

I say we all send her a dollar, but write on it "QUIT!" in indelible ink.

[OzarkDem]

21. More Obama math..

:rofl:

[Catherina]

23. Be nice. She's trying hard to catch up

I just found this on Ben Smith's blog at politico. There's a similar fundraiser the day before with a minimum of $500 for a glance at Her Highness. $2300 to get within curtsying distance. Talk about money going down a rathole!

[CreekDog]

34. They should hold it on April 1st

:think:

[backscatter712]

25. That's a looooong way to hike

carrying a jerry-can all the way to Pennsylvania after running out of gas weeks out...

[aaroh]

27. GE Money how does that work out?

Anyone knows how that works out? Do you have to pay a compulsory contribution to the general election from the campaign money raised?

[psychopomp]

29. Did her staffers get back-pay?

...I mean, for all of those staffers who worked for weeks without pay when her money problems first became public.

[quantass]

31. She OBVIOUSLY wont make it to the GE and so does that mean no Debt?

since she will then have access to the off-limits GE fund she raised (to pay her debts off)..and incidentally, profit from it (big pay day for her and bill from ma-and-pa six-pack

[rainbow4321]

35. Question...she owes ***half a MILLION** combined to TWO health care insurance companies

Does this fall under any kind of funneling money/donations??? Like she can claim she doesn't take money from the health insurance bigwigs yet they are letting her/her people get health insurance without actually paying for it?? What are they expecting in return from her in the future?

She owes Aetna over $200,000 and Blue Cross/Blue Shield $300,000.

Look at her debt list JUST from February:


http://query.nictusa.com/pres/2008/M2/C00431569/D_DEBTS_C00431569.html

[rainbow4321]

36. Build-A-Bear Workshop, Inc. Corporate Sales = 525.00 ??????????

How nice..I'm sure her DONORS will love this. She is spending her money on build-a-bears.


http://query.nictusa.com/pres/2008/M3/C00431569/D_DEBTS_C00431569.html



And what is up with Women's Basketball Hall of Fame being owed 1,248.90?

WTF is she thinking???

[cooolandrew]

37. Obama as president quite clearly says money will flow to America as I feel his chrisman is

very magnetic. Barack " barack mean one who is blessed by god."