Clinton Looks To Pay Down Debt
With Hillary Clinton poised to suspend her campaign tomorrow, attention has turned to how she will retire the more than $30 million in debt the campaign has amassed.
Clinton will likely seek Barack Obama's help in paying down the debt, which includes $11 million she lent to her own campaign. It's somewhat unclear how such a process might work: As CBS News chief political consultant Marc Ambinder points out, Obama cannot legally simply transfer money into Clinton's account, though he can lend her his e-mail list and ask his donors for money for her campaign. He could also appear at a fundraiser for his former rival.
Clinton is a prodigious fundraiser herself, and she plans to raise money for Obama's campaign: Her advisors say she could bring in up to $100 million for his general election campaign, according to the Associated Press.
It is something of a tradition for nominees to help their former primary opponents with their debts – such gestures are believed to help unify the party and reduce any lingering primary season bitterness. Negotiations for assistance in paying down debts can also result in the nominee gaining access to the fundraising lists and elements of the campaign structure of his former rival.
Clinton will likely seek Barack Obama's help in paying down the debt, which includes $11 million she lent to her own campaign. It's somewhat unclear how such a process might work: As CBS News chief political consultant Marc Ambinder points out, Obama cannot legally simply transfer money into Clinton's account, though he can lend her his e-mail list and ask his donors for money for her campaign. He could also appear at a fundraiser for his former rival.
Clinton is a prodigious fundraiser herself, and she plans to raise money for Obama's campaign: Her advisors say she could bring in up to $100 million for his general election campaign, according to the Associated Press.
It is something of a tradition for nominees to help their former primary opponents with their debts – such gestures are believed to help unify the party and reduce any lingering primary season bitterness. Negotiations for assistance in paying down debts can also result in the nominee gaining access to the fundraising lists and elements of the campaign structure of his former rival.
The secrets of tennis legend 
Posted by deannattu at 01:05 PM : Jun 07, 2008
It''s not about egos or YOUR version of a dream, it is more pragmatic than that. If Obama does not want the same kind of Presidency as he has had candidacy, he will not put HRC and Bill on the ticket.They would render him ineffective, and keep all the old ****** and division going.
That is what they know, that is what they do--then Ferraro can come out and say what a token Obama really is. HRC is too controlling to be anyone''s VP and we note her campaign backed off the strong arm VP tactic, when they noticed it was not playing well with the public.
Posted by toldyouso12 at 08:27 AM : Jun 09, 2008
Posted by ki718 at 09:57 PM : Jun 06, 2008
No Democrat ever slung as much mud or was as negative against their own and FOR the opposite party like HRC has been. (There are numerous spots of her practically endorsing McCain) Let her go to the GOP or Fox News or her new friends the "vast right wing conspiracy".
This contest was already over in April--and everything else was just ugly and divisive. If HRC and her supporters did not care about any of THAT when it could have been different--why on earth should Obama supporters want to help her now, when her supporters already say they will not support him and will vote for McCain. She recklessly spent the money when she should have been paying her bills all along--she made this bed--she should lie in it by herself. It was a long standing custom that party campaigners would not eat their own either--when Clinton broke that, other things got broken too--there is not much love left for her--and there will be less if her supporters throw the election. This is the seeds planted by HRC and her group--guess what? Seeds grow true to form.
hippohips22:
What was your source of information for the above statement that you posted?
It is up to Your decenty to work for Obama or not.
We are NOT begging You to follow us, we are advicing.
It''s a honor to make Dems to take White House.
HILLARY GOT MORE REPUBLICAN VOTES THAN ALL OF THE STOOGE DEMOCRATS PLACED BY REPUBLICAN DOUBLE VOTE SYSTEM.
MCCAIN/HILLARY IS REPUBLICAN TICKET THIS YEAR. JUST BE AND SURE TO HAVE REPUBLICANS PAY FOR HER $20M IS TAX FRAUD. OF COURSE TAX PAYERS PAY FOR BOTH REPUBLICANS AND DEMOCRATS, WHICH IS JUST BAD COP/GOOD COP FOR INDUSTRY.
THE AMERICAN POLITICAL SYSTEM IS A SCAM OF SCAMS. WAKE UP STUPID PEOPLE!! THROW GW BUSH IN PRISON AND GET BILLIONS OF DOLLARS BACK NOW THAT HE STOLE!! STAND UP AMERICAN PATRIOTS!!
HILLARY GOT MORE REPUBLICAN VOTES THAN ALL OF THE STOOGE DEMOCRATS PLACED BY REPUBLICAN DOUBLE VOTE SYSTEM.
MCCAIN/HILLARY IS REPUBLICAN TICKET THIS YEAR. JUST BE AND SURE TO HAVE REPUBLICANS PAY FOR HER $20M IS TAX FRAUD. OF COURSE TAX PAYERS PAY FOR BOTH REPUBLICANS AND DEMOCRATS, WHICH IS JUST BAD COP/GOOD COP FOR INDUSTRY.
THE AMERICAN POLITICAL SYSTEM IS A SCAM OF SCAMS. WAKE UP STUPID PEOPLE!! THROW GW BUSH IN PRISON AND GET BILLIONS OF DOLLARS BACK NOW THAT HE STOLE!! STAND UP AMERICAN PATRIOTS!!
Hillary won''t be emailing you. They typically email those donors who max out the 4600 to Obama who are not as petty as you and are willing to work to unify the party.
Andre
Hillary won''t be emailing you. They typically email those donors who max out the 4600 to Obama who are not as petty as you and are willing to work to unify the party.
Andre
- by eezzzee-2009 June 6, 2008 6:10 PM EDT
- She can invest in cattle futures; it worked before!
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See all 16 CommentsHillary, the Queen of Spin and a Legend in Her Own Mind!
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