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Theme Persists: Obama Outraises Clinton

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sniffa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:58 PM
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Theme Persists: Obama Outraises Clinton
The reports, filed Tuesday with the Federal Election Commission, reflect a continuing financial imbalance between the two candidates as they head into the final primary stretch. Throughout the campaign, there has been a recurring theme: No matter how much money Mrs. Clinton raises, Mr. Obama has consistently outraised and outspent her.

The reports show that Mr. Obama raised nearly $31 million in April, about $10 million more than Mrs. Clinton. While the fund-raising gap narrowed from that of the previous month — in March, he outraised her by $20 million — Mr. Obama remains in a far stronger financial position, with $38 million in cash on hand for the rest of the primaries, compared with $6.3 million for Mrs. Clinton.

Further, Mr. Obama’s organization has outstanding debts of only $2 million, money it must pay to vendors for campaign expenses. By comparison, Mrs. Clinton began May with campaign debts of $9.5 million. And that is on top of $11.4 million she herself has lent her campaign, with $5 million of that coming in April and an additional $1.4 million in May.

Mrs. Clinton’s biggest creditors are some of her biggest insiders. Mark Penn, who resigned in early April as her chief political strategist and received payments of $3.1 million that month for work he had done for the campaign, is owed $4.8 million. Mandy Grunwald, a media strategist, is owed $695,000. Another big creditor is MSHC Partners, a direct-mail company, which is owed $956,408.

http://www.nytimes.com/2008/05/22/us/politics/22donate.html?_r=1&ref=politics&oref=slogin
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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:32 PM
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1. Hey let's change the rules
and make bringing in less winning. Make debt good and money in the bank bad.

I owe, I owe, it's off to the convention I go......

:sarcasm:
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:58 PM
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2. Obama has been a good steward of his campaign's economy.
Imagine what he'll do for the nation!

Turns out Ms. Flick wasn't prepared to run a campaign on day #1.
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swishyfeet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:59 PM
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3. Someone remind me...where does the primary money go when it's over?
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 09:23 PM
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4. But raising losta of money in campaigns in no longer the "IN" thing...
now it's about counting votes in states that voted name recognition. Yep...that's the ticket.
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