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Is Cash-Strapped Clinton Tapping Own Money?

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February 06, 2008 2:06 PM

ABC News' Teddy Davis Reports: Will the Clintons put their own money into Sen. Hillary Clinton's, (D-N.Y.), White House bid?

Asked during a Wednesday conference call with reporters if Clinton was self-funding, Clinton spokesman Howard Wolfson said, "I'm not aware that they had but I have not had a chance to discuss it."   

A Democratic strategist allied with - but not working for -- Clinton told ABC News Tuesday that the Clinton campaign has discussed investing as much as $20 million into the race.

Asked if the Clintons are in a position to invest $20 million and whether a decision has been made, Wolfson told ABC News, "Will let you know when I have something."

With Sen. Barack Obama, D-Ill., outraising Clinton in January and with this race poised to go into March or April, such an infusion might be necessary.

But it could also, in the words of another Democratic strategist, "open up the question of WJC funding sources."

February 6, 2008 in Bush, George W. | Permalink | User Comments (60)

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This confirms what everyone has been saying. The Clintons will do ANYTHING TO WIN (there is noone they wouldn't step over to win. It's all about the Clinton's not about America. Hillary lied in NH and it won't work.
I agree, that it proves that Hillary is NOTHING without Bill. Then why do feminists support her?? There are other women I would support, but NOT Hillary. She would destroy the Democratic party if Obama wasn't going to win. I do agree that this will start investigations of Bill Clinton's activities and will really hurt Hillary with the women's vote. Besides, Obama people will try to match him, dollar for dollar until he is broke.

Posted by: Jerry from PA | Feb 6, 2008 3:50:14 PM

John,

Sorry you may be working for her but she loaned her campaign 5-million. How do you suppose she will pay that back. Nothing wrong with self funding but be honest about it!

Posted by: Ron | Feb 6, 2008 3:54:48 PM

Reading the amount of baseless hatred Clinton generates is almost enough to make me switch my vote to her. What makes you think that the money is Bill's money? Neither of these people made any real money in their lives until after they left office. And Hillary's money comes from the sale of her books.
They were fairly broke when he was elected to the White House.

And she devoted herself to his career. We might never have heard of him without her. This is full of the biggest load of gender biased BS I have read in a long, long time.

And dirty money? why is her own money dirty? Why? You can't answer that.

Posted by: Stephen in KY | Feb 6, 2008 3:59:23 PM

Wow, that is a news development. I wonder where the money is coming from....

This just goes to show that she/he wants back in the White house so badly that they'll try to buy back in. It's not working for Romeny. Hopefully, it won't work for her/him.

Posted by: judesuper | Feb 6, 2008 4:00:47 PM

Barak Obama will win the nominee not because Hillary's camp is short of funds nor because of lack of enthusiam (see women, seniors, Latinos, Super Delegats, and people making under 50K annually. Barak will win the nomination because the Oval Office is part of the Good Ol' Boys Club, and girls are not allowed. If you look at the polls and listen to the policy wonks and analysts, white men are coming out in droves to vote for Barak. White men never come out in droves to do ANYTHING other than attend a sports event or strip club. The only reason why they are coming out in droves now is because they for sure don't want a woman running the country. And as for Obama's "change" message, I am interested to see how well he can get things done in the Oval with Republicans fighting him tooth and nail. Republicans hate Democrats, and vice versa. I really feel for Hillary. She's a woman in a man's game, and that's unfortunately, why she's going to lose. I should know this because I am a man, policy wonk, Rebulican, and former advisor to a past President. BTW, go Jets!

Posted by: John | Feb 6, 2008 4:01:45 PM

Paul,
We have all know the Clinton play-book by now.....one ploy or tactic after another. By the way, I liked that “takes a village to vote” comment.

Laura,
What a bizarre thing to say. You mean these young people are old enough to defend the country, some with their own lives, work jobs to support the many entitlement programs (programs many get no benefit from whatsoever), but they cannot be trusted to vote? Totally bizarre.

I don't often agree with the press and the pundits but they are correct, this is a generational election. It's funny the elderly can't lend more support to those that are and that will be paying for them. Bizarre again. Oh well, so much for looking out for future generations and the direction of the country.

Posted by: John | Feb 6, 2008 4:02:59 PM

John, I don't agree that a woman can't be elected president. I just happen to think this woman can't win the general election. It has nothing to do with her gender.

But, if you believe that a woman can't win at all, isn't that all the more reason why you wouldn't want your party to nominate one? I mean, why send up someone you know is going to lose?

Posted by: Paul | Feb 6, 2008 4:06:03 PM

Someone should find a nice slumlord to finance Hillary, or some nice Baath party memeber!

So wheere is the proof that she loaned the campaign the money?

Let me guess because bill Burton says so?

Posted by: me | Feb 6, 2008 4:06:22 PM

This is nothing but the media trying to start up BS!

Posted by: Mary | Feb 6, 2008 4:06:54 PM

Posted by: Jordan Clinton,

Have you read the other article? She just loaned her campaign 5 mill. You Hillary people are pathetic....Why are you people so negative and angry ALL the time? Were you hoping to silence the guy last night? I think some of you need de-programmed or something. You people think Obama is the anti-christ. Get a life for goodness sakes. He is not the source of her misfortune(s). Stop blaming him for every little thing that goes wrong in her campaign. Claim your brains back for goodness sakes.

Posted by: Alex | Feb 6, 2008 4:11:39 PM

26 people have made comments on this. None of use seem to really care for the other. So, who then is the candidate who can bring us all together? I am serious about this. Is it McCain? Obama? Hillary? Huckabee? Which one will extend the olive branch and make us all respect each other? That candidate does not exist. People will hate Hillary, people will hate McCain. But in the Clinton's defense, people hate Bill because he's smart, likes sex, and knows, like any good politician, how to work the political system in order to survive. PS to all Republicans: it's okay to like sex. Even in the Oval Office.

Posted by: Stacy | Feb 6, 2008 4:12:55 PM

Oprah is, after all, worth at least hundreds of millions....

Posted by: chris | Feb 6, 2008 4:13:02 PM

Guess what, the count for the delegates one day later, in the afternoon is not over. Obama's count has gone up and they are still counting the delegates. Wow, just like the old days. The news papers declared one guy the winner of the presidential campaign, the following morning, it was the Other guy who won. This is exciting.

Posted by: Angela | Feb 6, 2008 4:14:50 PM

The Democratic Vision (Internet vs the media spin)

What We Stand For:

The Democratic Vision is the The Democratic Party committed to keeping our nation safe and expanding opportunity for every American. That commitment is reflected in an agenda that emphasizes the security of our nation, strong economic growth, and affordable health care for all Americans, retirement security, honest government, and civil rights.

CNN reported late last night on massive Democratic turnout across the country. Some of these figures are based off of incomplete returns, like Arizona for instance, who broke the previous record by 80,000 with 67% percent in at the time. Both HILLARY SUPPORTERS and Obama supporters as well as other previous candidates are helping the democratic party make history!

Voters are turning out for the Democratic primaries in number that absolutely shatter previous records — a troubling sign for Republicans looking ahead to the general election.

When you look at these numbers from the across the country, one thing is for certain: Our Democratic nominee will be competitive anywhere!

STATE: MISSOURI
PREVIOUS RECORD:

528,000
VOTES TONIGHT SO FAR: 778,000 (98% reporting)
% CHANGE OVER PREVIOUS RECORD: +47%

STATE: ILLINOIS
PREVIOUS RECORD:
1,504,000
VOTES TONIGHT SO FAR: 1,809,000 (91% reporting)
% CHANGE OVER PREVIOUS RECORD: +20%

STATE: NEW YORK
PREVIOUS RECORD:
1,575,000
VOTES TONIGHT SO FAR: 1,744,000 (99% reporting)
% CHANGE OVER PREVIOUS RECORD: +11%

STATE: NEW JERSEY
PREVIOUS RECORD:
654,000
VOTES TONIGHT SO FAR: 1,104,000 (99% reporting)
% CHANGE OVER PREVIOUS RECORD: +69%

STATE: MASSACHUSETTS
PREVIOUS RECORD:
793,000
VOTES TONIGHT SO FAR: 1,170,000 (98% reporting)
% CHANGE OVER PREVIOUS RECORD: +48%

STATE: ARIZONA
PREVIOUS RECORD:
239,000
VOTES TONIGHT SO FAR: 314,000 (67% reporting)
% CHANGE OVER PREVIOUS RECORD: +31%

Guiding Principles:

We have a bold new direction for a secure America. We seek: 1) Honest Leadership & Open Government, 2) Real Security, 3) Energy Independence, 4) Economic Prosperity & Educational Excellence, 5) A Healthcare System that Works for Everyone, and 6) Retirement Security.

Platform is that The Democratic Party has a long and proud history of representing and protecting the interests of working Americans and guaranteeing personal liberties for all. One of the places we articulate our beliefs is in the Party's National Platform, adopted every four years by the Delegates at the National Convention.

The Charter and Bylaws is the constitution of the Democratic Party. It outlines the structure of the Party organization, and the relationship among the National Convention, the National Committee, and other Party organizations or operations. The Democratic National Committee at its December 5, 2005 meeting last amended the Charter and Bylaws.
The 50-state strategy is that The Democratic Party is committed to winning elections at every level in every region of the country, and we're getting started right now with a massive effort to fund organizers on the ground in every state.

The ultimate goal is an active, effective group of Democrats organized in every single precinct in the country!

Posted by: EDUCATED VOTER | Feb 6, 2008 4:15:22 PM

after switching back and forth between multiple news websites and networks pretty much all night last night, the consensus on the winner on the Democratic side last night was that there was no loser

Posted by: chris | Feb 6, 2008 4:17:50 PM

alex......you should spend more time here and watching and reading the news.....you would find that Senator Clinton and her supporters are generally more congenial towards Senator Obama and his supporters than the other way around

Posted by: chris | Feb 6, 2008 4:21:02 PM

Question for who ever made up this story, FEC at Dec 31 showed Clintons with $37.5 million cash available and Obama with $18 Mill avail!

Clinton in Jan took in $13.5 mill and Obama took in $32 million!

Simple math says Clintons with $51 million and Obama with $50 million!

So about time the reported went back to school in that trailer by the rail tracks in SC and pay attention to the teacher when simple math is taught!

Posted by: me | Feb 6, 2008 4:21:20 PM

evidence that Senator Clinton and her vast numbers of supporters want what's best for America? they would support Senator Obama if he were the Democratic nominee....

Posted by: chris | Feb 6, 2008 4:22:13 PM

Chris - not libelous at all, at least not on my part. This was a story published only about a week ago on multiple news sources, and commented about on multiple blogs.

I can't tell you for a fact the story is accurate, as I wasn't there. But it was reported that Bill took a friend to Kazakhstan, introduced him to the powers that be, which greased his access to uranium mines. While there, Bill reportedly made comments that did contradict U.S. policy, as well as Hillary's own comments regarding Kazakhstan. And this friend did contribute more than $30 million ($31.5 if I remember correctly) to a Clinton fund.

Posted by: Paul | Feb 6, 2008 4:23:57 PM

And I assume, Chris, this story was at least part of the oblique reference in the blog story's final paragraph.

Posted by: Paul | Feb 6, 2008 4:26:54 PM

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