Clinton Loaned Campaign $5M

Democratic Candidate Loaned Money Late Last Month

(AP)  Hillary Rodham Clinton loaned her campaign $5 million late last month as Barack Obama outraised and outspent her in the Democratic presidential race.

Clinton told reporters at her campaign headquarters in Arlington, Va., that she made the loan, adding, "I believe the campaign would have a great month fundraising in January. We intended to be competitive and we were."

Obama, riding a wave of fundraising both from large donors and small Internet contributors, collected a stunning $32 million in January. Clinton campaign chairman Terry McAuliffe said the Clinton campaign raised only $13.5 million for the month. The $5 million was in addition to that amount, Wolfson said.

On Wednesday, the Clinton campaign set a new goal of raising $3 million over the next three days through the Internet.

"We have had one of our best fundraising efforts ever on the Web today and our Super Tuesday victories will only help in bringing more support for her candidacy," said Clinton campaign spokesman Howard Wolfson.

In a teleconference with reporters, Clinton chief strategist Mark Penn said: "We will have funds to compete," he said, "but we're likely to be outspent again."

Hillary and Bill Clintons' financial disclosures, which reveal only broad ranges of assets, place their wealth between $10 million to $50 million.

Clinton's name recognition and lead in polls in some of the bigger upcoming states give her an advantage and Obama's higher spending rate did not translate into victories in several states Tuesday.

But the terrain ahead features contests in the short term that are favorable to Obama. On Saturday, Obama and Clinton will compete in contests in Louisiana, Nebraska and Washington. On Tuesday, Virginia, Maryland and the District of Columbia hold primaries.

The Clinton camp is counting on March 4 matchups in Ohio and Texas and an April 22 primary in Pennsylvania. All three are expensive states in which to campaign.

Obama's camp signaled that he was ready to invest money in those states as well. "We think we're in strong financial position so if we choose to do so in the later states we'll have the ability to do that," campaign manager David Plouffe told reporters Wednesday.

Clinton spent $15 million in December going into the Iowa caucuses and the New Hampshire primary. Her campaign spent at least $9 million in the last two weeks of January advertising in Super Tuesday states. Obama spent about $11 million in Super Tuesday advertising.

Clinton raised $23.7 million in the last quarter of 2007 for the primary elections compared to Obama's $22 million. Both had about $18.5 million cash on hand for the primaries going into January. But Obama roared to a fundraising lead in January by collecting money at the rate of at least $1 million a day and attracting more than 170,000 new donors.

Obama also has a money advantage because he has raised more money from small donations than Clinton. An analysis by the Campaign Finance Institute, which tracks trends in political money, found that Obama raised about a third of his money in 2007 from donors who gave $200 or less. Only one-third of his money came from donors who have given the legal maximum of $2,300, compared to Clinton who raised about half of her money from "maxed out" donors and only 14 percent from donors of $200 or less.

[pepperp1]

And Again

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Afterall

"We are the ones we''ve been waiting for"

vomit

[pepperp1]

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lol

[samthetvcat]

"Samthecat: Your theory on the right wing conspiracy is a sad example of Clinton logic that is being disproven."
Posted by jedi08

? see below ?

[samthetvcat]

"SamtheCat, your girl is in serious trouble, you better call some feminazi''''s to break out their checkboods

How can Clinton fix the economy when she raised of 100 million dollars and has run out in a few months. That isn''''t the kind of fiscal responsibility we need.

Ding dong the witch is dead

Obama 08"
Posted by jedi08

??? I''m not sure how you arrived at the conclusion that I''m supporting Hillary - I''m supporting Obama. Maybe you didn''t notice that I was responding to somebody else''s post which I quoted (?) ???

[thgdriver]

Hummmmmmm, where did she get that kind of money? Oh yeah, I remember, she wrote that book---It takes a village to watch my husband. Plus they stole and sold some priceless antiques from the White House.

[thgdriver]

Money does not equal votes, ask Mitt Romney. Another thing, the media was Loudly broadcasting Ted Kennedy support of Obama. Turns out he could not deliver his home state of Massachusetts to Obama, Maria Shriver, another Kennedy could not deliver California to him either.

The voting public is smarter then the media thinks, that goes for some endorsements too. Like I said a few days ago. Obama thanked the Kennedy''s for their backing. Hillary thanked the Kennedy''s for backing Obama also.

[szelag19]

The reason Hillary is running out of money,is because special interests know they cannot go to her after she''s elected President wanting special favors..Obama on the other hand is getting huge contributions because those contributers know that if he were elected he would install a revolving door in the oval office for them...People that contribute large sums of money expect to collect on their investments...Think about it..VOTE HILLARY !!!

[billybob161]

ANYONE ELSE NOTICE THE SMIRK ON HER PICTURE ABOVE FROM LOANING A ''PORTION'' OF THE MONEY SHE STOLE?

FAKE SMILES AND SMIRKS, AND THEN IT GOES DOWN HILL FROM THERE!

[billybob161]

AFTER SHE STEALS $55 MILLION DOLLARS FROM CAMPAIGN, THAT''S (AS SHE WOULD SAY) MIGHTY ''WHITE'' OF HER TO DO SO!

[jersupporter]

Obama, riding a wave of fundraising both from large donors and small Internet contributors, collected a stunning $32 million in January.
------------------------------
Now I guess the question is what will have to be done to pay these people back for all this money. American politics are truly in shambles when both Clinton and Obama raise this much money while Edwards (who did not accept this payback for favors money) is out of the race. Simply abhorrent. I guess I will vote for the lesser of two evils.

[jedi08]

Samthecat: Your theory on the right wing conspiracy is a sad example of Clinton logic that is being disproven.

The republicans want Hillary to win, she is their only chance to win. Obama will wipe the floor with the GOP, Clinton would barely win or barley lose.

The very idea of the right wing conspiracy is the problem with CLinton. Its not a conspiracy, she is an awful person

On the flip side, Republicans are voting for Obama because of his message and honesty, not because they think they can beat him in NOV.

[jedi08]

SamtheCat, your girl is in serious trouble, you better call some feminazi''s to break out their checkboods

How can Clinton fix the economy when she raised of 100 million dollars and has run out in a few months. That isn''t the kind of fiscal responsibility we need.

Ding dong the witch is dead

Obama 08

[formrusmcsgt]

Obama also has a money advantage because he has raised more money from small donations than Clinton. An analysis by the Campaign Finance Institute, which tracks trends in political money, found that Obama raised about a third of his money in 2007 from donors who gave $200 or less. Only one-third of his money came from donors who have given the legal maximum of $2,300, compared to Clinton who raised about half of her money from "maxed out" donors and only 14 percent from donors of $200 or less.
---
Obama''s campaign manager stated on Tuesday that only 3% of the Obama donors are "maxed out" while half of Hillary''s are yet he still raised 2 1/2 times what Hilary did in January.

I''m thinking she''s gonna be breaking out that checkbook again soon.....

[samthetvcat]

Then again to think that a candidate who''s operating her campaign in the red $5mil is the best able to balance the Federal budget doesn''t isn''t logical either, so . . .

[samthetvcat]

How do you conclude that? Either you can list a meaningful piece of legislation that Hillary has sponsored that has passed into law which has changed somebody''s life for the better or you can''t. To extend her lack of achievement to the other members of Congress isn''t logical . . .

[libra127]

Sam - Well, you''re just saying that Congress as a whole has accomplished nothing. Then none of the candidates is better than any other and we have to look at their experience and accomplishments outside of the Congress.

[samthetvcat]

Bills typically take a long time to actually get enacted, as the statistics show.
Posted by libra127

So then wasn''t it in poor taste of her to be busting Edwards'' chops for not having ever accomplished anything during his time in Congress? Especially if she hasn''t accomplished anything herself?

[libra127]

"SHOW ME ONE THING IN THE LEG/ THAT SHE STARTED AND GOT PASS INTO LAW..JUST ONE THAT HELPS AMERICA/AMERICANS "
Posted by forthepeopl1 at 06:30 PM : Feb 06, 2008

Hillary Clinton sponsored more legislation PER YEAR than any other of the 546 members of the House or the Senate. (reference: www.govtrack.us/data/us/110/repstats/enacted.xml)
Bills typically take a long time to actually get enacted, as the statistics show.

[samthetvcat]

"I just read that this little known Senator from Illinois (Obama)raised 32 million dollars to Hillary''s 12 million. How do you supposed that happened? Who might have that kind of money to contribute? Perhaps, the Conservative Repubs? Hedge their bets and back Obama because he won''t have the experience to be immediately dangerous to the Republican Party. Hillary, on the other hand knows what needs to be done and has the means to do it.

The Neocons know it will take Obama a good three years to figure out how to navigate the system to actually get something accomplished!"
Posted by CitizenUSA

Do you REALLY believe it was the ''vast, right-wing conspiracy'' at work again? Like you already pointed out, it didn''t exist the last time . . .

Besides, the neo-cons are all hoping Hillary wins the nomination because they think she''d be easier to beat . . .

[libra127]

"Bill always cried and complained about how broke they were."
Posted by hawksprings at 06:24 PM : Feb 06, 2008

Uh....that was over 20 years ago. Aren''t you wealthier than you were 20 years ago ? Intelligent people with serious careers usually are. What''s the problem ?