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Hillary Clinton super PAC $1M in debt to union-tied bank
The Washington Times ^ | 12-5-14 | Cheryle K. Chumley

Posted on 12/06/2014 10:37:41 AM PST by afraidfortherepublic

The super PAC “Ready for Hillary” may have tens of thousands of small-dollar donors and raised more than $11 million since its 2013 founding, but it’s in debt— to the tune of $1 million.

The New York Timesreported that “Ready for Hillary” reported a bank balance of $875,626 to the Federal Election Commission on Nov. 24, but also owed Amalgamated Bank about $1 million.

Amalgamated is tied to various unions and serves as a go-to source for Democratic candidates, parties and political action committees, The Times reported.

The loan was incurred in October.

“This investment, used to fund our massive post-midterms direct mail program, will pay dividends from now until Hillary announces her decision” on a White House run, organization spokesman Seth Bringman told The Times.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: butcherofbenghazi; hillary2016; hillaryclinton; hillarysuperpac; readyforhillary; superpac; unions
Picking up a comment from the site where I found tis article, Trigger2 wrote:

"Is the Butcher of Benghazi going to ask the public for donations again to pay off another debt like she did before? Why isn´t it being taken out of her $100M bank account. Oh, that´s right. It´s up to the little people to pay."

Well said!

1 posted on 12/06/2014 10:37:41 AM PST by afraidfortherepublic
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To: afraidfortherepublic

If it’s a bank with union ties then they aren’t in debt at all. Can you say write off?


2 posted on 12/06/2014 10:42:18 AM PST by rktman (Served in the Navy to protect the rights of those that want to take some of mine away. Odd, eh?)
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To: afraidfortherepublic

If Hilary runs ( and she may not), the most important issue will be when she is forced by her opponent to acknowledged her homosexuality. It will then be seen if the American people are ready to elect a lesbian as the first woman President of the United States.


3 posted on 12/06/2014 10:48:02 AM PST by allendale
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To: rktman

the bank is the union is the dnc is the criminal enterprise


4 posted on 12/06/2014 10:48:45 AM PST by bert ((K.E.; N.P.; GOPc.;+12, 73, ..... Obama is public enemy #1)
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To: afraidfortherepublic

Someone has to pay for Bill and Hillary’s posh lifestyles. I mean seriously folks do you expect them to live on a budget like the rest of us? They’re elite, powerful liberals. They’re not supposed to live lives similiar to Joe Sixpack.


5 posted on 12/06/2014 10:49:15 AM PST by dowcaet
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To: afraidfortherepublic
 photo fail_zps978624b3.jpg I don't get why she is in debt, surely, her coloring book has been flying off the shelves. (sarc kinda')
6 posted on 12/06/2014 10:52:55 AM PST by RetSignman (Obama is the walking, talking middle finger in the face of America)
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To: bert

Exempt from RICO statutes I’m sure.


7 posted on 12/06/2014 11:07:33 AM PST by rktman (Served in the Navy to protect the rights of those that want to take some of mine away. Odd, eh?)
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To: afraidfortherepublic

$1 million, that’s only 3 1/2 speeches.


8 posted on 12/06/2014 11:08:03 AM PST by MUDDOG
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To: afraidfortherepublic

Poor Hillary will have to give 2 speeches telling college students how poor she is to pay off this debt.


9 posted on 12/06/2014 11:21:17 AM PST by Organic Panic
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To: afraidfortherepublic

No sweat. The Clinton Foundation rakes in millions. They can pay it back anytime they want. IF they wanted to. I’m sure they’d rather cajole others to simply fill their coffers.


10 posted on 12/06/2014 11:44:25 AM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: afraidfortherepublic

Yes, sharp eyes and ears are already several steps ahead of me already!


11 posted on 12/06/2014 11:45:29 AM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: afraidfortherepublic

First Commandment of liberals: Always spend other people’s money.


12 posted on 12/06/2014 11:56:45 AM PST by DPMD
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To: afraidfortherepublic

Aw shoot, she can pay that off with a hundred bucks invested in cattle futures.


13 posted on 12/06/2014 12:04:07 PM PST by EternalVigilance
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To: DPMD
First Commandment of liberals: Always spend other people’s money.

Isn't that the truth, also using the power of government to take it from them, then they take all the credit for helping people. It's such a twisted deranged ideology.

CGato

14 posted on 12/06/2014 12:04:09 PM PST by Conservative Gato
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To: afraidfortherepublic

15 posted on 12/06/2014 12:15:06 PM PST by South40 (Hillary Clinton was a "great secretary of state". - Texas Governor Rick Perry)
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To: afraidfortherepublic

Doesn’t her bank offer free overdraft protection like mine?


16 posted on 12/06/2014 1:15:55 PM PST by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
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To: afraidfortherepublic

How much of that debt is owed to the backroom, late at night face-fixer (like the one that did Bogart in that movie)???


17 posted on 12/06/2014 5:00:25 PM PST by Terry L Smith
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