Money shocker Hillary Clinton's campaign debt soars to $31 million

Source: LA Times

No wonder Sen. Hillary Clinton was so late filing her required campaign financial reports Tuesday night. Her political team didn't want the shocking news in it to overshadow her lopsided thumping of Sen. Barack Obama in Kentucky.

But here's the morning after, pay-up time. Clinton's campaign debt has now soared to nearly $31 million, according to numbers crunched early this morning by The Times' campaign finance guru, Dan Morain.

She added another $9.5 million in unpaid bills to vendors this past month alone, pushing her total debt to vendors and herself to the new astronomical figure, about a 50% debt increase in one month.

According to a campaign release put out Tuesday evening as election returns revealed her big win in Kentucky and loss in Oregon, Clinton raised "approximately $22 million" from other people in April. The release also touted that $10 million had poured in within 48 hours of another lopsided Clinton victory over Obama, that one in Pennsylvania, and said it was the second best fundraising month of her entire campaign.

Read more: http://latimesblogs.latimes.com/washington/2008/05/clintondebt.html

In it to win it!

back?

This article is mistaken and has been partially corrected by the Times.

Of the 30 Million of cash on had, at least 21 million is reserved for the GE campaign.

If I remember correctly, once she drops out or gets the nomination, she can use the GE funds to pay off the debts and loans and have 10 Million left over to roll into her Senatorial campaign funds.



Edited to add that I am an Obama voter, but there are plenty of things to find wrong with the Clinton campaign without using incorrect facts.

I did some research and am now uncertain about happens to the GE funds if she doesn't get the nomination. I have found contradictory information and nothing I would consider authoritative.

...how did she become the candidate of the "people" when she doesn't pay the "people"?

Obama will not win the General if he gets the nomination unless Hillary is at his side.

So, go on, hate Hillary because Hillary supporters have had a full plate of this hate and will not embrace obama in the General. You know this is true as it is in the MSM daily and it has power, a growing power. I do not like the party being divided.....so stop it please.

Obama supporters are their own worst enemy...............an addiction to obama has consequences...........get into a program, fast.

If you have a problem with the story, take it up with the LA Times.

and blog til they puke slamming Hillary Clinton...This is a problem for all Obama supporters come November.

But she needs to face the facts that her chances of winning the nomination are so slim as to be a near-mathematical-impossibilty.

and I don't want to "obliterate Iran"!

I would have a hard time voting for Clinton, and if it weren't for the Supreme Court and her recond on women's rights, I probably wouldn't. I disagree with Clinton's hawkishness and defense of McCain as "more experienced." Clinton was a traitor to the Democratic party for her comments about McCain having more experience and tauting him as a leader over Obama. Is it any wonder some Clinton supporters won't vote for Obama now with her words ringing in their ears?

I wanted so much to vote for a woman President, but not Clinton. I vote for the candidate, not the gender.

So, is this hate, or a reasoned decision? You decide.

Tex Shelters

All Hillary will do is help McCain win if she is the VP, so go peddle your craps some place else!

...I will vote for her if she is the nominee so stop assuming Obama support is Hillary hate - it's getting tiresome.

I just think this campaign debt is scandalous and don't understand why she continues to run up a debt before paying people that she says she champions.

Her performance is scary. I don't really hate Hillary either. I disagree with the way she's running her campaign. Her debt speaks for itself. Geraldine's accusations of Obama being sexist also disppoints me. And Hillary has the nerve to complain about sexism when Obama is also struggling with racism (though he's not whining about it).

appears. who is addicted? who is hating? You posted the hate. get help.

try and set your blind devotion to mcclinton aside and take a look at the trainwreck her scorched earth campaign has become. if she can't even manage finances within her own campaign, then why the hell should i trust her economic policies as president?!

A person deciding that an O/C ticket isn't good for them, their aspirations, or for the Dem party is a simple democratic choice and has nothing to do with "loving Obama" or "hating Clinton". It's *your* decision to couch the choices in purely emotive and divisive terms - and if that's the only filter you have to see things through it's *your* problem, not the general Dem electorate's.

...despite the mis-directed response. I knew who you were talking to.

...won't win the general anyhow. He can't win Ohio and Pennsylvania and definitely won't carry Florida. I have serious doubts about him carrying Michigan.

Hillary won't be his running mate anyhow. Michelle can't stand her and he'll ever be able to trust her. Hillary Clinton always wants more...and this time, she can't have it. She'd be miserable.

Can you imagine having Bill Clinton running around in the White House totally uninhibited? That's a potential disaster for the button down Obamas. It can't be allowed and won't be.

and he will.

...and you know why. I grew up west of Akron and it's the only place where I hear the N word used on a regular basis. That includes my parents, my friends and people I went to college with.

Pennsylvania has the same problem if not worse.

I do agree that there are some hateful jerks that haven't figured out that they are on a lower level than most of us and it's unfortunate that they get to vote, (being that they think like fanatics), but before this is over Obama will be 44.

...but the last several presidential elections have come down to Ohio, Pennsylvania and Florida as swing states.

This one will be no different.

There's more. Obama got clobbered in Kentucky and West Virginia. Their demographics are somewhat similar to Ohio and Pennsylvania. So...if those states are gone and Florida's gone and he can't win anything in the south (big problem), what's left?

He can't win. The numbers aren't there. There's nowhere to go. He runs out of states.

I think that once people get to hear him it will be hard not to choose him over the angry John McCain.

...you're a liberal. Most of those people aren't liberals.

You can't ride the support of schoolteachers and government employees to the White House. That's what so many Democrats never seem to understand.

Ohio and Pennsylvania Democrats are Reagan Democrats. Obama's not going to get the Reagan Democrat vote but McCain might.

It never changes. This is not the United States of Northern California and Massachusetts!

or not. Things are changing already and I do think Obama can win. :7

...if you're in Ohio, you know better. They love fear mongering. They live for it.

As I said, Democrats can't ride the support of schoolteachers and social workers and government employees to power. That's not how America works.

Think less Dennis Kucinich and more Heath Shuler.

If you're a progressive, you won't like that but it's still the truth.

are turning away from it. My entire family are now voting Obama. Three of them were hard core republicans that voted for Bush.

...fine, but Ohio is littered with oldsters who won't.

Down the street from my mother-in-law is a lady who crawled up her stairs in a back brace to get in the car and go vote against gay marriage. As I think I said before, my brother calls me earlier this week and within the first thirty seconds of conversation uses the N word.

It never changes there. It needs to change but people don't want it to.

Ohio's economy never seems to improve due to the effect of old people voting their narrow perspective and their stiffness and lack of flexibility at the polls. It colors everything that goes on there. It's why my wife and I left in 1995.

Ohio's problems could best be solved by marching everyone over the age of seventy off the East Ninth Street pier, putting in some new tax laws and in some cases by downsizing government. Then, you pump money like there's no tomorrow into primary, secondary and post secondary education. Then, you pump money like there's no tomorrow into physical infrastructure. I-71 is brand new again but most of the state's highway system is a mess.

None of this is likely to happen in our lifetime because there's always some uneducated, semi-skilled seventy year old bastard son of a bitch in the way, jumping up at town meetings and saying "...we don't need that...". They go to the polls, vote accordingly and that's the end of whatever it is you're trying to do.

I lived there thirty years. I've seen it, a thousand times over.

creds, you sound sooooooo typically, errr, how do you say........rushish.

Obama will be the nominee, if you BELIEVE he cannot win, that's fine, but you don't have a crystal ball, so you should stow it.

Vote for McSame or Nader or write in Hillary, I don't give a flying fuck and neither do most on our side. If those numbnuts who you are talking about, and imho you are one of them, won't vote for an African American for no other reason than his skin color them fuck them and fuck you.

...so fuck me and the horse I rode in on.

But I'm still right. Thirty years of watching campaigns tells me so. Certain things never change and this year will be no different.

I know too many people there and I lived up there for too many years to think otherwise.

you may be "right" as in political leaning but it's just your opinion.

Uhhh mensa, you're not right until it happens, right now your just spewing right-wing cliches and talking out your ass.

And yes, fuck you and the horse you rode in on. I couldn't give two shits how many racists you know, I ain't gonna vote for her because you think the idiotville legion will vote for the woman they hate more than any other but won't vote for Obama.

You still live around them geniuses? Brilliant.

He was labeled a progressive, liberal from Cleveland by the Republicans and still beat DeWine by 10%. Obama can win Ohio, I live in the S.E. about as Appalachian as you can get without crossing the border and I am seeing more and more Obama signs. Hell I know TWO locally elected Republicans that have told me they are voting for Obama over McCain but would vote for McCain over Hillary. Stop being so negative and look at the trend Ohio is taking....

"...and you know why. I grew up west of Akron and it's the only place where I hear the N word used on a regular basis. That includes my parents, my friends and people I went to college with.

Pennsylvania has the same problem if not worse."

that Obama can't win without the racists. Are they truly that large a part of the Democratic party. I'd thought the majority of them moved to the republicans.

I'm gonna go ahead and guess you aren't familiar with Michigan.

Julie

...Michigan but with all the shit he's said about the auto industry, I'm gonna say I'm not sure.

Michigan is fundie heaven away from Detroit. If you live there, you know that.

Handily re-elected Granhom and Stabenow in 06 with a state House majority (albeit slim, it is a come from behind situation). I'm in a red zone in MI myself and the Dems have been making great strides all over. Every time Obama has won in this primary, especially after Iowa, our phones go crazy with excited people wanting to join, donate, volunteer. N'ary a call after any Clinton win. Here in the north that's really quite something.

Just because all our highest ranking Dems in the state did everything in their power to throw the state to Clinton makes no difference. When it comes to who to vote for they don't seem to have all that much influence. With all the confusion going on at primary time; some believing their vote wouldn't count so they stayed home, some thinking their write-in would count so they spoiled their ballots, "uncommitted" still took 40% of the vote. 40%! This seems to be lost on people. Clinton has taken more of the vote in states where she actually had opponents on the ballot!

I think Obama surely can win Michigan. Probably with a bigger margin than Kerry did in 04.

Julie

has said that is going to alienate the auto industry.

...apparently don't read the Detroit News web site.

Here's a starter:

http://www.detnews.com/apps/pbcs.dll/article?AID=2008805140465

I tried to find the original article but it's not coming up.

The blue collar guys hate Obama, and they would have to be the ones supporting him if he's to carry the state.

He might win and he might not, but the campaign will have to expend significant resources there.

...if that is what you're driving at.

I don't hate Hillary Clinton, and were she the projected nominee, she would get my vote, despite her flawed and unsympathetic campaign and her corporatist associations and pro-IWR and NAFTA stances. But, if Americans as a whole -- but more specifically, newer generations of young women -- have to suffer as a result of Hillary sycophants' petty "Vagina, Vagina, Über Alles" vindictiveness and projected victim complex, then they were never true Democrats, progressives, liberals or feminists anyway.

Should her anti-Obama acolytes decide to take Election Day off from the polls -- or cast protest votes for McCain -- then they will reap what they have sown, and forgiveness will be long in coming. They will succeed at nothing but marginalizing themselves, Hillary Clinton, and setting the women's movement back another 100 years.

So, if that's their game, I call their bluff.

You must manufactured a false argument that no one here is making, just so you could respond to it. You are essentially arguing with yourself.

Who here "hates" Hillary? Who's "addicted" to Obama? Why is it wrong to support a candidate?

You make it sound bad when it's not.

I don't think most of us hate Hillary but we hate what she's done and how she ran her campaign. As far as Obama not making it without her I think you're mistaken.


That man is very difficult to dislike once you really listen to him. Add John McCain as his opponent and you have an instant winner in Senator Obama. This is the reason Senator Clinton should think about what she really wants for our country and decide what the best thing for all of us will be. I'm also not opposed to Senator Clinton as his running mate but that decision should be his and his only.

"I do not like the party being divided ... so stop it please." But Obama supporters "must love Hillary". LOL.

I got a program for you, the Go Fuck Yourself Program.

"Obama will not win the General if he gets the nomination unless Hillary is at his side."

I think she will be like a weight around his neck is she is his VP. I think he can win, with her at his side, I am not so sure.

I keep hearing this statement about how if OBAMA does not choose HRC as VP the her supporter will vote McCain, you know what then vote for him, sick of HRC people trying to high-jack the nom with threats of a McAin vote. If McCain wins you only have yourself to blame! yeah i'm a newbee, but i still have a point to make.

Hillary will scare some voters away and she can't be trusted and what will they do with Bill? He will be in trying to sabatoge Obama all the way. There are better choices than Hillary to bring the party together...

All McLame would have to do is play two videos:

Tuzla - no snipers existed, so he undeniably proves clinton's a liar.

Her endorsing him over Obama - he shows her opportunistic hypocrisy and undercuts the ticket with her own words.

She's not getting back into the White House. Get used to it.

It makes it easier to win a few elections. Imagine if she ran our Country like she is running her campaign? We would be the second super power to fall, due to financial collapse.

If she started the month $10M in debt, raised $22M and ended up $31M, that seems to say she spent $43,000,000 in a single month!!!!!

Am I reading that wrong?

And she spent that money AFTER she was virtually eliminated mathematically.

What the hell is going on here? This starts to smell like something far more insidious than a candidate with an impossibly large ego. This starts to look an awful lot like a deal made with the devil Scaife to keep running to the end. What did they talk about during their meeting? Some phony book deals that would give her and bill, I don't know, about $40,000,000 in income?

I am not sure there is a legal way any individual could eliminate it though (except for Hillary).

These "book deals" and "speaker fees" have become a way for people to move around huge sums of money that have absolutely nothing to do with the with the market value of the book or the market value of the speech. How did the Clintons get the $109,000,000 in the first place? It is through this false channel that evades all the election law because "it has nothing to do with the election or their public service". Yeah, right.

We need to ask what kind of deals Hillary has made to repay this, who she has made them with, and what she promised to give them in return. Remember that, although she will never be President, she will continue to be a highly influential Senator for 4 more years. That, and the idea of creating chaos in the Obama campaign, is evidently worth $30,000,000 to somebody.

Who?

As always, FOLLOW THE MONEY.

that will be part of the "deal" for her support. It pisses me off to no end since he will need to raise money for the GE. This is why she can continue to the end - she's not concerned about the bills. He'll have to pay or she'll take it to the convention.

Her "support" is seriously overrated. We saw what kind of "support" the Clintons gave Gore and Kerry. Probably better off without that support.

We saw in KY that a very large percent of those voting for her yesterday have no intention of voting Democratic in the GE, and probably wouldn't have even voted for Hillary if she were the candidate against McCain.

We know that having a Clinton presence anywhere near the campaign will inflame millions of Republican voters and inspire them to get to the polls. I'd say any Clinton involvement in the campaign is a net negative.

I also think Obama and his team are a lot smarter than I am on these things, so I'm certain he isn't going to make that mistake.

but..
with or without Hillary, Billary, or Obama, our economy is gonna fall.
Soon as the election is over ( if there is an election) the few remaining props to the dollar will crumble.
Because it is always about money. ;(

However, seems Hillary is comfortable with the debt as money concept.

No sweat.

Sure but her campaign is flat broke and her campaign is REQUIRED to pay her back!!!!

i guessed 21 million yesterday. :O

...the LAT printed a correction.

Many of these are small business people, and educational institutions, who can't afford to carry a presidential campaign.

screwing over.

Gas tax Holiday- would put 300,000 blue collar workers out of work, (aka "Hardworking white voters")
and now she owes her vendors 9.5 million
Meanwhile both her and her husband have their own plane. It's just so wrong!

Are high schools and middle schools, who host events and absorb the costs of set up and clean up and are not being reimbursed.

So that means she is essentially ripping off the people she is rallying in these communities.

To the extent she's getting small donations from her elderly, low education demographic of supporters, one could say she's scamming the elderly. And taking the money from a kid who sold his bike and video games? And then bragging about it? That's not just setting the ethics bar to a new low; that's digging a trench for it. Tell me, have Chelsea & her boyfriend pawned their doubtless state-of-the-art TVs/sports equipment?

Borrow & Spend? Reality? fiscally Responsible?

How is this different than the Republican "conservative Authoritarian" mind (as John Dean describes it)?

Sick people.

If Clinton is REALLY so damned popular WITH THE PEOPLE, where the hell are the donations?!

Here's what a winner - and someone the PEOPLE want looks like: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3318239

Proving that they have a deal in place that will repay all of that at a later date. Perhaps a "book deal" guaranteed by Scaife?

These two really suck. I am rapidly moving from contempt to complete outrage.

...I think they have to use actual "campaign funds".

I think you have it backwards. An individual can put any amount of money into his own campaign. That's what Romney did.

What you cannot do is take campaign funds, such as Obama has raised, and use them for non-campaign expenses, such as paying off the Obama debt.

If, for sake of argument, Scaife or maybe people behind AIPAC agreed to give Hillary $30,000,000 at some later time if she would just keep the chaos going through June, she could use that money to pay off the campaign debts.

...when Kerry mortgaged his home to put $6,000,000? toward his campaign - it was a loan to his campaign. He could not pay that loan back himself with his own money - it had to be paid back by the campaign with money legally raised by his campaign.

Romney funded his campaign - he did not lend to his campaign - so he didn't have a personal debt from his campaign that needed repayment.

The Clintons are calling this a loan to the campaign - so the only way they can pay it back is with campaign funds raised within the restrictions of campaign financing.

Simply by changing the "loan" to "funding". I don't know the law and I'm not a lawyer, but I have zero doubt whatsoever that any apprentice lawyer could truce an 18-wheeler through the campaign finance law.

And there are any number of other ways around this. Scaife, or whoever is funding this campaign, could simply go to the credits and slip them some money on the side so that they don't pursue the unpaid debt owed by the Clintons.

Politics is all about playing ball. Getting the money from point A to point B is easy.

I don't suppose there's one chance in a million that you could prove your vague and insinuating claim that Obama paid off "non-campaign expenses/debt" with campaign funds. I'm requesting a cite to a reputable source.

And you seem to be similarly pulling your interpretation of campaign law out of your nether regions as well. No individual(s) can give HRC's campaign $30 million. There is an annual limit of several thousand dollars per donor as to what can be contributed to retire a campaign debt. Now HRC could "forgive" her own campaign's debt to her - but that's unlikely, or she would simply have given her money to the campaign instead of loaning it. (Candidates are allowed to outright spend 1/2 of their wealth on their own campaigns.) Scaife could give HRC millions of $$$, which she could in turn give to her campaign to pay off debt. However, any amount over the annual IRS limit on gift of cash (what is it up to now - maybe $12,000 per year) would be personally taxable to HRC.

....Chelsea's getting just a little worried that her mother is spending all her inheritance on this campaign.

...on an airplane in in February.

She's very beautiful and very gracious but she needs to eat something once in awhile.

Will someone send this girl a case of Cinnabons? Please?

And don't kid yourself. To the extent that HRC's campaign ever pays off this huge debt, the first debtor to be repaid will be HRC, followed by Mark Rich & her high level consultants - screw all the little people.

Recommend this thread! Who cares if it's BS - 95% of your arguments against Hillary are. It's OK to lie cuz Hillary is EVIL!

How can we expect Hillary to balance the Federal budget when she can't handle her own finances?

Why throw good money after bad? Hillary (and Bill) have known who the Democratic nominee will be for some time now. Yet they carried on with a debt-ridden campaign. A primer for a 2012 run perhaps? The Clintons own that black hole. With $100mm income in recent years, they could absorb it although they'll look for ways to weasel out of it.

She has somebody else guaranteeing this. It would be totally irrational to have run up this kind of debt in a futile cause. I just don't believe Bill or Hillary is THAT egomaniacal. They have a backer or backers who is going to make them whole. A good place to look is the network of backers who stuffed over $100,000,000 in Bills pockets the last 5 years.

You can bet that network of fascists gave them the message, "If you want to see another $100,000,000, then Hillary will fight this campaign to the end."

...by 'surprise'?

Things looking potentially uglier and uglier :-(

Soending a few million bucks in a vain attempt to pull a "comeback kid" routine would make sense and be very Clinton-esque.

$30 million is a different matter. Not even the Clinton egos would do this. There is a quid pro quo at work here, and it is probably not with anybody who has the best interests of the Democratic Party in mind.

This is a sellout.

Follow the money.

The next two weeks are pivital. Hang on the ride is gonna get really bumpy. The good thing is I believe truth will prevail. Finally after so many years of lies and deceit there will be light.

(Dare I suggest?)

to the Middle East.

Talk about proving oneself unqualified. Most people quit when the money dries up.

or I will quit voting for you.

Being a closet republican, Hillary should go to the debtor's prison.

Other things can be done to help her with her debt
legally that will not effect any money from his campaign.

The White House is not for granted!

It makes just as much sense as the other crap they are parroting, like the 100% delegate win in MI.

She keeps spending and spending, racking up debt to attack you and prolong this thing, she doesn't deserve a penny from you. Save your money for the General Election so we can win, rather than making a sure to be $50 million debt by the time this is over just by paying for her stubborn refusal to bow out of this primary contest.

Hillary can't even manage a campaign or its budget, how the hell can we expect to manage the Federal Government?

Rp

Why would Obama want to take on $30 million in debt to begin his presidential campaign. The writing has been on the wall for the months in which Clinton incurred this debt. Her spending has been a reckless pursuit of personal ambition. It's on HER shoulders and I could give a rip less if she loses $30 million.

There are plenty of white female politicians out there to choose from. Most don't have $30 million debts and a bad/nasty reputation from the 90s.

I know that extremely wealthy people don't view money like the rest of us do...

...but I'm starting to seriously worry about Obama's health. These people are spending money like they know they're going to get it back.

The only questions are WHO is covering it and WHY.

Are Scaife-related parties covering it simply to prolong the chaos? That's a lot of money for a little chaos that may not mean anything in the end, and may actually backfire.

Chaos is one thing. A plan to get Obama out of the picture is another. I would point out that this was ALL done AFTER it was obvious to everybody that Clinton was virtually eliminated from the nomination. So who is doing this and what are they getting in return?

It was just the wrong race. No one has the heart to tell her, since this is one she'll likely win.

it's at the top of the link. they mistakenly added in $11 million twice.

Plus many vendors have not been paid.

They're usually pretty helpful like that. It might be a good idea to add the correction in the OP since too many people don't actually click on links.

:shrug:


No matter what. It was no fault of yours.

... does anyone have a link to the original filings?

http://www.reuters.com/article/newsOne/idUSN2139963420080521?sp=true

To reflect the values of our nation...her campaign finances look just like our national debt...HUGE!!!!!!!!!!!!!!

expects to be paid back, then to keep going further in the hole is the height of irresponsibility.

If, Hillary's claim that she holds the highest number of actual voters is true and they are the white, blue-collar workers, why hasn't her campaign been able to get the $1.00 - $25.00 contributions as Obama has??? How does this reflect on her capabilities as POTUS to prepare and present a US Budget

If, Hillary's claim that she is the better choice/leader, why has her selection of paid campaign workers, ie., funding, communications, advisors, performed so poorly and how does this reflect on how and who she would select as her POTUS advisors/staff?????

If Hillary Clinton, with all of her "experience," both on the campaign trails with Bill, along with her own, has not provided her with the sense to select only the best of advisors and a outstanding campaign budget.....who thinks if she is selected as POTUS, that there will be little if any change in DC.

Obviously she expects to get paid back. Nobody dumps $30,000,000 like that.

She expect to get paid back, But by WHOM. That is the question. I can only think of 3 possibilities:

1) by additional donations from the public at the website. But we know they will never contribute that much money. If they would, then there wouldn't be any debt. So we can safely rule that out.

2) From Obama, basically buying her out. This seems to be against FEC rules. moreover, there is little reason for Obama to do this, other than to buy some support on the campaign trail. But considering she draws mainly racists and the sorts of low-lifes that never would vote Democratic in the GE anyway, I don't see a lot of value having her on the campaign trail. Maybe he would spend $30M for her to agree to shut the F up.

3) From other parties who have an interest in seeing this chaos continue. That is absolutely plausible. For these parties, $30,000,00 is truly chump change. And considering how she has buddied up to Limbaugh, Scaife, and Faux recently, a person would have to be a complete fool to not think this is a highly likely scenario.

Obama into paying her debt! At least, I think that's what happened a short while back.

.... and McCain.

Hill, your strategic mistake is that you should have been running as a Republican. At least then, your "party values," would be consistent with your actions ...

You failed the credit check and the position for which you were applying is a somewhat sensitive one.

...and didn't refute it.

I figure he should know? :shrug:

That's interesting. If a bit confusing. :shrug:

He just kept nodding his head, saying, "right...right", while she asked him the question.

I've been looking for a hard answer to this question so I paid particularly close attention to his answer. And he didn't flinch when she specifically said $31 million. I figured the campaign was behind the LAT correction and that he would correct her as well, but no.

So now I don't know what to think.

Remember, that was just for April. They probably dumped millions into WV, KY, and PR in May. So the total dept deficit could be way greater than $30M

with our nation's economy? she can't even get her own campaign out of debt.

How reckless to know you can't win and keep spending. She can't complain when she is the butt of jokes on women over spending either....she earned it.

Maybe not:

"Due to a mathematical error, Hillary Clinton's loans to herself were counted twice in this morning's item on her campaign debt, which is $20 million not $31 million. We will be publishing a corrected item asap, but wanted to alert you as quickly as possible."

LINK

I'm sure the correction will be the main headline on DU asap.

Right?

The point is that she is spending way more money than any rational person would under the circumstances unless they had some reason to believe that this debt was going to be wiped out somehow.

You tell me how she is planning to cover this debt. It sure as hell will not be from campaign donations. The hillbillies and racists who are supporting her aren't giving her that kind of money.

I think she is trying to save you Obama fools from yourselves. He doesn't have a chance in the general (especially with supporters like you ridiculing Hillary's supporters).

America isn't going to elect an America hating racist.

Begone.

I think he is trying to save you Clinton fools from yourselves. :hi:

Welcome to DU! :hi:

admonishing "Obama fools" for ridiculing Hillary's supporters. hypocrisy much?

:D :rofl: You are so funny.

I'm just kidding. Go Monica yourself you condescending, entitlement monkey.

:shrug:
still sounds horrific

Who the fuck signs up to DU in 2002 and just now gets involved? A sock puppet that's who. Fuck off Harvey.

Was it worth it, Harvey? Don't bother answering. You're on the ignore list.

He let the race cat out of the bag up thread. He is TOAST. Thank god. He is a STOOOOOOOPID Mother Fucker.

:-)

:shrug:

"Hello Chase-Morgan?, I'd like to
speak with someone in the Loan
Department..."

- K&R

NANANANA NANANANA HEY HEY HEY Goodbye.

http://66.102.9.104/search?q=cache:-UcbZy3TthcJ:specials.ft.com/cgi-bin/Common/FTToday/nph-todayEdition.cgi%3Flatest%3DBACK1_LON+Prediction+market+prices+can+point+to+a+sure+thing&hl=en&ct=clnk&cd=1&client=firefox-a
(edit: this is google cache; I can't find the original .pdf right now )

included a John Authors article entitled "Prediction market prices can point to a sure thing" (which explains what, how & why).

As well as a chart showing a 90% or better market prediction that Mr. Obama will win the primary, the final two paragraphs read:

"What do prediction mar-
kets tell us now? The Demo-
crats will nominate Barack
Obama and have a 61.1 per
cent chance of winning the
presidency. They also say
the chance of an air strike
by the US and Israel
against Iran is 22 per cent.
There is a 10 per cent
chance of Chinese military
action against Taiwan.

"It would make sense to
incorporate these odds
when making investments."

--> TO BE FAIR, the article does point out (as financial markets are highly aware at the moment):

"Prediction
markets remain subject to
the same weaknesses as
other markets. The princi-
ple of “garbage in, garbage
out” applies. If there is only
poor information to aggre-
gate, they will be as wrong
as everyone else. They pre-
dicted that weapons of mass
destruction would be discov-
ered in Iraq."

I admire Hillary's supporters who are digging into their pockets to send her donations now that her fat cats have all topped out in how much they can give to her dying campaign. I really gotta hand it to them for sticking with her.

It takes real fortitude to write a check to further the ambitions of a political couple who made over $100 million in the last seven years, but who only will "loan" their campaign money from their own pockets to fund that ambition. It takes real loyalty to ignore the fact that the Clintons could easily write a big fat check without calling it a "loan" to be paid back at a later date.

After all, that's what other mega-millionaires like Mitt Romney and Ross Perot did. They didn't ask their working class supporters to pay them back for the money they kicked in. I can't help but wonder what the interest rate on that "loan" is. 5%? 6%? 7%? Although, I imagine it doesn't matter how much the rate is to her donors.

It takes real dedication to write a check to the Clinton's campaign knowing that millions of those dollars (yes, millions) are going to creepy people like Mark Penn who "work" for the Clintons and who get paid before Hillary's working-class staffers even get their own health-care bills paid. And since Mark Penn was "fired" (it all depends on what the definition of "fired" is, I guess) and is still on the payroll, I guess that Hillary's supporters will need to still dig deeper to help Mr. Penn continue to live his high-rolling, jet-setting lifestyle in order to help Hillary while he is still "fired".

Yes, I have to give it up in complete respect for Hillary's donors. Sacrificing their own hard earned dollars to underwrite the high living of the Clintons and their advisers while her campaign shows no signs of promise whatsoever is a real testament to her supporters. http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=132&topic_id=5439895

:applause:

what economists have to say.

:scared:

Will bring in mega millions,just the trail story book! Just the story's on the trail. Presto=no more dept.
And your poor white working class thing you carry, my goodness if you only knew the fire you all started.

Obama has created the politics of the dark side.

all the solutions to that. The thing of it is they just don't have it up there. but you are supposed to believe that what is not there is there ,even though it is not. Now that is some kind of audacity.

If you want change right?

So Obama has to have the democratic operating envelope before anything constructive is posted.

That's the joke or Obama is.

sounds like bush and his endless war...

I love the smell of debunked lies in the afternoon.

You guys were having a cow last night over somebody's bad math. I was called all sorts of names for saying it wasn't true. People demanded apologies! I was "pwned!"

Then the LATimes retracted this article.

:rofl:

You're so ready to pounce on anything that hurts Clinton you have no fear of looking like fools in the process.