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*****Hillary is 6 Million Dollars In The Red ***********

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DerekJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:33 AM
Original message
*****Hillary is 6 Million Dollars In The Red ***********
At the beginning of March first: 33M on Hand.
Money received during the month of March: 21M
Total Cash received as of April 1st= 54M
----
Money Locked for the GE = 23M
Debts = 10M
Loan = 5M
Disbursements during the month of March = 22 M

-------------
Total available for the primary as of April 1st: 54 – 23 – 10 – 5 - 22= Negative 6 million.




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Arugula Latte Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:36 AM
Response to Original message
1. She don't need no stinkin' whoop de doo financial acumen!
:P
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rocktivity Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:37 AM
Response to Original message
2. Debt-gate?
http://query.nictusa.com/pres/2008/M4/

Obama's Debts and Obligations Owed TO the Committee: 0.00
Debts and Obligations Owed BY the Committee: 662,784.55

Clinton's Debts and Obligations Owed TO the Committee: 0.00
Debts and Obligations Owed BY the Committee: 10,321,562.87

McCain's Debts and Obligations Owed TO the Committee: 77,259.74
Debts and Obligations Owed BY the Committee: 707,041.90

:headbang:
rockation
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:36 AM
Response to Reply #2
29. Can you imagine the talking heads bloviating if the situation were reversed and Obama deep in debt?
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Catherina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:37 AM
Response to Original message
3. The Obama campaign should come out with a PA ad about this tomorrow n/t
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DerekJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:43 AM
Response to Reply #3
6. Nah, It will prompt her supporters to give more money.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:39 AM
Response to Original message
4. SAY it isn't so! Where are her supporters?
:nopity:
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DerekJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:47 AM
Response to Reply #4
7. ZZZZZZ
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chknltl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 01:17 AM
Response to Reply #4
12. Maybe they have her on ignore
Sorry, resistance was futile.

But now that you ask, I am wondering exactly how many REAL supporters from the electorate does Senator Clinton actually have? Here is a tinfoilhat theory that may explain a portion of her lackings in the finance department: Perhaps a percentage of her past voters can't and won't translate their support into actual financial support because they were followers of the "limbaugh-bruha strategy". They may not be willing to pony up ANY money for her regardless of the fact that they voted for her. This would disprove the notion that the bulk of that group voted for Senator Clinton because they actually wanted her as the next President!

Now THAT would make a great bit of-(election tampering)-news...if only there was a way to dig up corroborating evidence.

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JTFrog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 03:59 AM
Response to Reply #4
20. She is dead to them. She said Obama could win. n/t
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DerekJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:39 AM
Response to Original message
5. The only number I'm not sure of is the 23M locked for the GE, 3 DUers have stated the number so
Edited on Mon Apr-21-08 12:46 AM by DerekJ
that's what I'm using. Can someone confirm this?!!

Also the 23M might be taken out of the 33M not the 54M, so she can be even further in the red.
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DerekJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:53 AM
Response to Reply #5
8. Anyone?!!
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 12:59 AM
Response to Reply #8
9. Article sez she had $8 million available for the primary.
Clinton reported raising about $20 million in March and had about $8 million for the primary available at the beginning of April. But she also reported debts of $10.3 million, putting her in the red.

http://ap.google.com/article/ALeqM5hcoilzhWtvfWBl2MqCAEW8J3UQKgD9061TIO0

Cash on hand is $31,712,197.67 - $8,000,000 available for primary from article = $23.7 million for general.
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DerekJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 01:05 AM
Response to Reply #9
10. Which raises an important question. How much out of the 21M she raised was also for the GE?!!
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 01:25 AM
Response to Reply #10
13. I'm wondering if they just assumed the GE funds were the same
as last month, which was $22 million per this article:

http://www.reuters.com/article/newsOne/idUSN2249962220080322?pageNumber=1&virtualBrandChannel=10112

Clinton has $22 million raised that can only be used in the general election under FEC rules. Obama, who has beaten her in overall fundraising, has $7 million.

---

If they just assumed the $22 million from February and moved it to March, it is possible that there is even less primary funds available than was reported.
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DerekJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 01:32 AM
Response to Reply #13
15. Wow Thanks, those 22M were actually out of the 33 Mil. This means she is even more in the red.
Edited on Mon Apr-21-08 01:32 AM by DerekJ
By how much, is the question?! I’d say over 10 Mil.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 03:44 AM
Response to Reply #15
18. This is the breakdown...I'm not sure what they do with "no election supplied"
Edited on Mon Apr-21-08 03:45 AM by dkf
NO ELECTION WAS SUPPLIED 6,702,617.59
General 2008 760,288.38
Primary 43,950.00
Primary 2006 -500.00
Primary 2008 12,643,753.77

http://query.nictusa.com/pres/2008/M4/C00431569/A_ELECTION_C00431569.html
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 03:46 AM
Response to Reply #18
19. Here is Obama's breakdown
ELECTION SUM
NO ELECTION WAS SUPPLIED 16,202,595.42
General 2008 888,285.03
Primary 2008 24,112,816.51

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NorthCarolina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:46 AM
Response to Reply #8
30. Could it be that much of her visible support, at least on blogs such as this
are really Republicans posing as hard core Clinton supporters, ready to post Obama negatives for Hillary, but certainly not amenable to donating real cash to a Democrat?

Eh, just a thought......
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thewiseguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 01:06 AM
Response to Reply #5
11. Considering her loan she is 7 million dollars in debt
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grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 01:32 AM
Response to Original message
14. k and r
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DerekJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 02:45 AM
Response to Original message
16. UPDATE
The 22M locked for the GE are actually out of the 33M; we don't know yet how much out of the 21M raised in March are set aside for the GE. If we were to take a conservative guess, I'd say she is over 10M in debt after everything is said and done.
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kwenu Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 02:48 AM
Response to Original message
17. But...But she has a plan for the country.
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Chalco Donating Member (817 posts) Send PM | Profile | Ignore Mon Apr-21-08 06:04 AM
Response to Original message
21. Do the math people! What is your problem?
Do the math, people!

6. Cash on Hand at BEGINNING of the Reporting Period 33153092.16
7. Total Receipts This Period 20931870.78
8. Subtotal (6 + 7) 54084962.94
9. Total Disbursements This Period 22372765.27
10. Cash on Hand at CLOSE of the Reporting Period 31712197.67
11. Debts and Obligations Owed TO the Committee 0.00
Itemize all on SCHEDULE C or SCHEDULE D
12. Debts and Obligations Owed BY the Committee 10321562.87
Itemize all on SCHEDULE C or SCHEDULE D
13. Expenditures Subject To Limitation 0.00
14. NET Contributions (Other than Loans) 172767416.42
15. NET Operating Expenditures 157317429.66

Cash on hand plus total Receipts this Period - Total Disbursements = 31,712,197.67
Cash on hand at close of reporting period (March 31) - Debt and Obligations = 21,390,635
Total Net contributions - Total Net expenditures = 15,449,987.00

THERE IS NO DEFICIT

STOP YOUR FUZZY MATH!

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 06:19 AM
Response to Reply #21
23. At least $22,000,000 is for the general and has to be returned if she loses the Primary.
Therefore your cash on hand of 21,390,635 needs to subtract $22,000,000 in General funds which was up to February and any General Funds from March. In addition, Hillary's loan of $5,000,000 should be counted as a debt. Therefore she is negative cash at the end of March.
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my3boyz Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 06:13 AM
Response to Original message
22. Obama raised more money in PA than Hillary did. LOL nt
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thevoiceofreason Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:46 AM
Response to Original message
24. K&R
Damn math!
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Independent-Voter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:54 AM
Response to Original message
25. And some her math-challenged supporters still think she's viable!
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HooptieWagon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:01 AM
Response to Original message
26. She doesn't do math... only shots.
We've already suffered with one of those in the WH...
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:03 AM
Response to Original message
27. and she's STILL going to win PA
Raising a lot of money doesn't make you the better candidate.
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george_maniakes Donating Member (831 posts) Send PM | Profile | Ignore Mon Apr-21-08 08:36 AM
Response to Reply #27
28. Raising a lot of money definitely does not make you a better candidate...
but it doesnt hurt either.
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powergirl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:52 AM
Response to Original message
31. And that's just as of 3/31 - What is the crap storm that awaits the April disclosures???
Did she pay herself back yet?
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meow mix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:56 AM
Response to Original message
32. a lot of very old debts, she isnt paying what she owes people: deadbeat campaign
x(
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Bonobo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:57 AM
Response to Original message
33. Since she started out with the MOST money, this is evidence of incompetence.
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