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Clinton Campaign - Still In Debt!
Yup, it's people like this that I want running the U.S. government...
(CNN) — Well over two months have passed since Hillary Clinton formally abandoned her White House bid, but newly-released Federal Election Commission reports show the New York senator has made little headway in paying off her sizeable campaign debt.
Baby steps, folks. Baby steps...
According to an FEC report filed Wednesday, Clinton's debt as of the end of July stood at just under $24 million — a decrease of only $1.2 million since the end of June. More than $13 million of that total is owed to the New York senator herself, while close to $11 million is owed to individual vendors. Clinton has suggested she is not seeking to pay back the money she owes herself.
Good luck getting any of that money, individual vendors.
The report also shows Clinton was only able to raise $2 million in the month of July — down from close to $3 million in June. By comparison, Barack Obama raised over $50 million for his White House bid in the same time period.
So she raises $2 million in the last month, but can only afford to pay down $1.2M in debt? What happened to the other $800 large?
The report comes as some high-profile Clinton backers have expressed disappointment Obama has not made more of an effort to help his onetime rival retire her campaign debt.
Typical Democrats - pay for things with someone else's money...
“He has provided her with a pittance compared to what the Clintons have given Obama,” prominent Clinton backer Lynn Forrester told the Times of London. “Her debt could have been cleared within 10 days. It’s ungracious.”
"You fucked up, Flounder. You trusted us!"
Obama and Clinton have begrudingly appeared at a handful of joint fundraising events, and the presumptive Democratic presidential nominee has publicly urged his supporters to donate to his former primary season rival — though at a joint appearance with Clinton at a July fundraiser, the Illinois senator forgot to call on his backers to contribute to her. (He later went back on stage to correct himself.)
Sorry, my bad!
According to Clinton's disclosure forms filed Thursday, she owes the most ($5.2 million) to her former top advisor Mark Penn's polling/political consulting firm, Penn, Schoen and Berland Associates.
This is why I ask for large retainers before doing anything for certain clients.
Filed under: Barack Obama • Hillary Clinton
Posted by: Raj 2008-08-22
http://www.rantburg.com/poparticle.php?ID=247933