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Hillary (and Bill?) Loan Her Campaign $6 Million More
May 07, 2008 9:54 AM
The Clinton campaign reports today that in the last month Sen. Hillary Clinton, D-NY, has loaned herself $6.425 million in the last month -- bringing her grand total of "loans" to her campaign $11.425 million, putting on in place to be the second biggest self-funder this election cycle, behind only former Massachusetts Gov. Mitt Romney.
The loans were:
$5 million on April 11; $1 million on May 1; and $425,000 on May 5.
The dates are significant because she still felt the need to loan herself money even after her impressive win in Pennsylvania on April 22 -- meaning the $10 million she raised in the 24 hours after that win was not enough.
One other point of possible significance.
After her $5 million January loan was disclosed, Clinton said "I loaned the campaign $5 million from my money."
MY money, she said.
"The loan is from Senator Clinton's share of their joint resources," a Clinton spokesman told reporters, clarifying the point even further.
Sen. Clinton earned slightly more than $10 million (including an $8 million advance) for her memoir, Living History.
She has now loaned herself more than that -- $11.425 million -- meaning, presumably, she may now be lending her campaign funds former President Bill Clinton earned.
Their joint assets are their joint assets -- but she's the one who split the hairs on "my money" back in February.
More to the point, this news may give the media more of a reason than ever to inquire as to how the former President has made his money -- something he has been reluctant to discuss.
- jpt
May 7, 2008 | Permalink | Share | User Comments (103)
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The only chronic liar I have seen is Obama. "No I didn't hear Rev.Wright" "oh I heard Rev Wright". "I didn't see that gun questionairre" (My writing was on it but I never saw it). I could go on.
Posted by: J | May 7, 2008 7:49:02 PM
Bosnian Hilry, its time to step aside. You are a lousy loser. You lost the job. Go home girl. Don't hang around the building.
Dems are far better without this chronic liar and a real corrupt woman.
Posted by: voter viewer | May 7, 2008 7:44:49 PM
If Hillary had this, blah, blah, blah. Obama has this blah, blah. This isn't personal but let it be said that, if your naive enough to think that Obama has the support of big-oil and Hillary doesn't than your just smoke in a chimney. Every politician has help from every avenue. Let's not make simple statements like, he has this and she has that. That's political rambling. Were not politicians, let's not be naive either. I'm not an Obama supporter or Clinton supporter, just an immigrant in Canada, who thinks Americans have been shafted by their Gov't. and elected leaders for too long. What once was a country to be admired has turn to a country in shambles. Of course it can be turned around, at this point all both candidates can expel are words, not actions. Good Luck to the USA.
Posted by: SuperDelegatetoBe | May 7, 2008 7:20:44 PM
If Hillary does not stay in the race the working class people need to move to Mexico or overseas. I for one will be voting Republican in the fall if Hillary does not get the nod. There is a first time for everything so I guess I will be changing parties.
Posted by: Reeda Hammons | May 7, 2008 7:20:06 PM
SuperDelegatetoBe,
She is being outspent 3:1. If she had oil company execs, etc contributing to her campaign she wouldn't need the money either.
Posted by: J | May 7, 2008 7:09:51 PM
George McGovern's opinion counts for what? These current politicians (Pelosi, Dean and Reid) and people like McGovern need to let this finish out and shut up.
Posted by: J | May 7, 2008 7:07:17 PM
"Hillary won consecutively Ohio, Texas, Pennsylvannia and now Indiana."
There go the fact-challenged again.
Umm--there were the states of WY and MS in between TX and PA, not to mention Guam. (Oh, and not to mention that Obama won more delegates in TX, so....)
I know, I know--they're not BIG states, but I thought one of HRC's recent arguments was that ALL the states should be heard?
Here's the true consecutive string of wins...and they happened after Super Tuesday, Feb. 5th, and they were wins for Obama: LA, NE, WA, VI, ME, D.C., MD, VA, HI, WI, and VT.
So, if we all were more mindful of the facts, this race would have been over after March 4th.
Delegates nominate, and the math is not subjective.
Posted by: Rebecca | May 7, 2008 6:57:13 PM
This is the United States of America last I looked. She has every RIGHT to stay in this until EVERYONE votes.
Posted by: J | May 7, 2008 6:53:14 PM
I was wondering why we don't clearly point out the obvious. HRC, is using her own money to fund her bid for the Whitehouse? Do you not see the irony. If I stated that I was a person of solutions then let's see what her solutions are for raising money to continue her bid. As a presidential candidate, with a plan and not speeches, she should be able to clearly identify how much she needs for each state, how much she intends to raise through each avenue and follow through on it. If your a person of action and your running a deficit within your own campaign, how can you say your a fiscally responsible individual?
Posted by: SuperDelegateToBe | May 7, 2008 6:50:40 PM
We wondered why. During twenty debates Hillary smugly refused to answer hypothetical questions about security sensitive foreign policy issues in the middle east. But, in the last debate she suddenly jumped at the chance to tell the world her secret plan in the extremely hypothetical event that Israel (a country that has an A bomb) is attacked by Iran (a country that does not have an A bomb) and her answer was - nuke Iran. And now we know why.HRC's campaign is in debt for millions and millions of dollars! She needed to impress some rich Jews that are fixated on the security of the state of israel so that they would bail out her campaign. And this souless sick chick is prancing around telling people she is the experienced, best candidate. Let's pray she gives it up before she does any more damage.
Posted by: Madeleine | May 7, 2008 6:40:09 PM
Well I see that when a laymen asks a very pertinent question as to why would anyone in their right mind spend almost ten times what they could earn in salary to obtain the job as President of the free world, but I can also that it is these kind of common sense question that SCAR certain people that live in the world with Dorthy and Toto.
Posted by: A J Parsons | May 7, 2008 6:28:51 PM
Sure wish the media would go after Obama for going into churches and making a speach about his candidancy then he and his supporters holding out their hands for contributions. This is one reason he became known and gained supporters. Churches are not to endorse political candidates or financially support them yet that is exactly how many politician get started with support. And of course, he also had the South Chicago fixer, Tony Rezko at his side for 15 years.
Posted by: Grammie | May 7, 2008 5:16:08 PM
Ruffhouse: The $400k is peanuts. The Clintons made $109 in 7 years after presidency. Most of that is due to his presidency. IF she wins, he can charge huge fees for lobbying to foreign governments, like CAFTA for columbia. Then after she's out of office, they can write books and go on speaking tours. BIG BIG BUCKS!
Posted by: X marks the spot | May 7, 2008 5:08:14 PM
To me the interesting part is Wolfson's statement that Bill and Hillary share their assets - meaning that the $800k he earned from the Colombian government to lobby for their trade agreement also went to her, a sitting US Senator who would vote on that trade agreement. That's an outrageous conflict of interest, and were she to vote on such a trade agreement it could be treasonous conduct. She should have separated her funds from Bill's for as long as she's in office and she sould abstain from voting - or even conferencing - on any matters where her husband has been employed as a lobbyist, and even on any matters involving persons from whom his foundation accepts a donation. One wonders whether she and he share funds donated to his foundation. She told Stephanopulos that they would not release the donor list. Why doesn't some journalist jump on this?
Posted by: Ivee | May 7, 2008 4:54:07 PM
When Hillary says she is loaning her campaign that money, if she loses do they have to pay her back? It's a bit confusing because first she says she's loaning her campaign, then she says she's giving herself a loan.
Anyway, why would someone spend so much of their own money to become President? Yeah, it's a great honor and responsibility but something is strange here. I get the feeling since she had a taste of it, she wants it so badly again. What, the power, status? I just don't get it. She says she's a fighter, but I question what she is fighting so hard for....meaning, does she have a hidden agenda? Is it that she is willing so hard to fight for us or fight to get what she wants? I don't know....seems like a big power trip to me, and maybe some kind of kickbacks. Can't see spending all those millions for a $400K position.
Posted by: Ruffhouse | May 7, 2008 4:46:10 PM
She looks on this as an investment, with a higher-than-market rate of return. Don't forget the kickbacks, book deals, etc. that politicians receive. She and Bill are now worth $100 million. Most of us, if we could afford to, would lend ourselves $11 million if we thought we could realize a 1000% return on our investment.
Posted by: Wilson0500 | May 7, 2008 4:38:55 PM
BILL AND HILLARY ARE COVERED WITH HUMAN BLOOD.
FRIENDS AND FOES ALIKE.
FROM ARKANSAS THRU THE WHITE HOUSE.
IF HILLARY GETS THE VP NOD, OBAMA BETTER BE CAREFUL... SHE'S JUST LIKE LBJ... RUTHLESS... WHIO WILL HELP OTHERS MURDER... FOR HER OWN POWER NEEDS...
AND OBAMA'S LIKE JFK... A VISIONARY, DEDICATED TO THE PEOPLE OF OUR GREAT NATION, BLIND TO THE EVIL OF HIS RUTHLESS, CORRUPT, OPPONENT.
Posted by: Chuck | May 7, 2008 4:26:11 PM
All that and she still lost, if that's not a WE DON'T WANT YOU loud and clear.
Hill/Bill go away and retire your political Dynasty has been canceled like the TV SHOW!
BUH BYE!
Posted by: Renee | May 7, 2008 4:00:20 PM
Way to go Hillary!
Hillary won consecutively Ohio, Texas, Pennsylvannia and now Indiana. Hillary also cut Obama's lead in North Carolina from 20% in February down to 14% in spite of ad overspending by Obama.
Wake up superdelegates!
Obama's top ten lists should be:
1. Wright told America I'm just a Politician. Oops...that is true.
2. I'm so eloquent...oops my writer wrote it.
3. This is my economic plan...oops I forgot to ask my advisers first and I'm waiting for Hillary's lead. I don’t want to be a Flip Flop on issues again.
4. Let's stick to the actual issue..oops, Michelle and Caroline should say that at CNN..
5. Come on Hillary's defectors and join me...oops do you think you can fool me I will defect also after I win and resurrect my loyal friends Wright, Rezco, and Ayers
6. Bitter and clinging - oops those are not in my dictionary, oops I got it from Wright.
7. Yeah, Wright mocked the Americans and I will lie by saying what he said is offensive….remember I'm a politician.
8. I'm electable…oops Hillary won the big states and has more electoral college votes to date that are crucial in November. Anyway, I fooled the superdelegates including the traitors.
9. Oops....I forgot what to say...where are my advisers.
10. Vote for Hillary...oops vote for me.
Before you can have CHANGE, we first need SOLUTIONS and that is HILLARY.
Michelle even brought Caroline with her. You can not fool us anymore. You are just all Politicians. Obama, Wright, Rezco and Ayers are all a disgrace to all American. After bitter remarks by Obama and Wrights mocking the American, then let's just forget about it. Yeah right. If this happened with Hillary for sure you are all jumping for joy. You can not fool us anymore and stop the lies...lies...lies...
Shame on those superdelegates that support Obama. They only think of their personal interest. If Obama wins, it will only be a repeat of Bush administration (a trainee who doesn't know what to do until he asks his advisers first). Wake up superdelegates!
Hillary won the big states and has more electoral college votes to date than Obama that are crucial in November. Wake up superdelegates.
Posted by: Alfredo | May 7, 2008 3:49:48 PM
She has the nerve to call Obama an elitist. $11 million, come on now.
Posted by: dia | May 7, 2008 3:29:45 PM
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