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AP: Clinton's Campaign "In The Red" -- Debts Exceed Cash on Hand
americablog.com ^ | April 21, 2008 | Staff

Posted on 04/21/2008 12:49:27 PM PDT by freerepublic_or_die

The March FEC reports have been posted for the presidential campaigns. Obama's is here. Clinton's is here. McCain's is here.

At the end of February, Clinton's campaign was in the red when her debts and loan to herself were factored in. It appears that at the end of March, her financial situation has worsened. In fact, at the end of March, Hillary Clinton's campaign debts alone exceeded her cash on hand. That's quite stunning for a campaign that was supposed to be built on fund raising prowess.

As of March 31, 2008, Clinton reported cash on hand totaling $31,712,197.67. However, that's not the real number -- a good chunk of that money, over $22 million, can only be spent in the general election. The Associated Press is even reporting that Clinton is in the red:

Clinton reported raising $20 million in March and had $9 million for the primary available at the beginning of April. But she also reported debts of $10.3 million, putting her in the red.

To be exact, the campaign owes debts totaling $10,321,562.87 -- and that doesn't include the $5 million loan she made to the campaign. Mark Penn's firm is owed over $4.5 million.

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


TOPICS: Crime/Corruption; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: backtoarkansas; beginningoftheend; hillary
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To: freerepublic_or_die

Well honey, we can’t afford to pick up the tab for every under capitalized business...

</Rim shot>


21 posted on 04/21/2008 1:18:40 PM PDT by TexanToTheCore (If it ain't Rugby or Bullriding, it's for girls.........................................)
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To: goldstategop

But she also reported debts of $10.3 million, putting her in the red.

Well, somebody is just going to get screwed.


22 posted on 04/21/2008 1:27:46 PM PDT by Recon Dad (Marine Spec Ops Dad)
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To: detective
"The Clintons get credit card numbers from their donors and then access their credit cards over and over again without getting permission. This is being covered up by the media.

...can you prove that? I wouldn't touch that kind of propaganda without proof for anything. If you have proof - post it!

23 posted on 04/21/2008 1:29:14 PM PDT by yoe ( Socialism with Obama or Clinton - Democracy with McCain)
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To: freerepublic_or_die; Calpernia
Take a peek at these new Obama ads running in Philly right now:

"Reason"

"Exactly"

Of course, I do not live in Philly. But Obama has money to burn from collecting small donations. Looks to me like The Witch is Toast.

24 posted on 04/21/2008 1:36:34 PM PDT by ex-Texan (Matthew 7: 1 - 6)
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To: RobRoy

Got to make you wonder, with repeated resurrections from their political cemetery that they’ve both managed over the years....

No other American politicians have survived the repeated mortal political wounds these two have survived...

Otherworldy if you ask me, and inexplicable with mere common sense.

[Or they could just be your basic, everyday garden-variety, card-carrying democrat socialists that we face every year!]

Yeah....... right...


25 posted on 04/21/2008 1:40:11 PM PDT by Husker8877
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To: ex-Texan
Looks to me like The Witch is Toast.

Back in my D&D days, we fought Zombies...dead humans animated by magical means, the very least of which what you couldn't convince them they were dead. This is going to go on until SOMEBODY walks up to Hillary with a crucifix and explains to her that her camapaign died four months ago. (Until that time, I have to go make more popcorn!)

26 posted on 04/21/2008 1:44:19 PM PDT by 50sDad (Liberals: Never Happy, Never Grateful, Never Right.)
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To: freerepublic_or_die
Oh No, the Chinese and the Arabs are beginning to think the money they are giving this bitch will not pay dividends in secret deals...

Just watch, they will have millions stashed away and start stiffing people who they owe money.

Please speed up the bitch's eventual withdrawl from the race and then let the fun begin.. Let's see how they derail or kill Obama before the conventions and if they can get away with it, one more time..

Best case for Obama, they decide to let him live, work to insure he loses to McCain and then the beast resurfaces for 2012...

Ugly is as ugly does. How freaking stupid is America.. Haven't they figured it out yet. The Clintons are human sewage, devoid of any sense of decency, mentally unbalanced megalomaniacs on par with any of the great tyrants throughout history.

27 posted on 04/21/2008 1:48:45 PM PDT by Beatthedrum
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To: freerepublic_or_die

Time for Bill to make a loan to the campaign out of that $107 million they have in the bank.


28 posted on 04/21/2008 1:49:11 PM PDT by no dems (The Democrats destroying each other gives me moments of pleasureable reflections.)
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To: freerepublic_or_die

A Red politician in the red. That sounds believable.


29 posted on 04/21/2008 1:55:07 PM PDT by TexasRepublic (When hopelessness replaces hope, it opens the door to evil.)
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To: freerepublic_or_die

That never stops Alan Keyes!


30 posted on 04/21/2008 2:06:05 PM PDT by Gondring (I'll give up my right to die when hell freezes over my dead body!)
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To: COUNTrecount
Are you sure the 1.26% on Hillary’s! isn’t a monthly rate for a APR of almost 16%?

I was thinking the same thing. Or....she was thinking that she would bring in the money through campaign donations within a month and have her money back at the 16%, but since it was only a month, the rate looks better stated the other way.

31 posted on 04/21/2008 2:06:24 PM PDT by Pure Country
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To: freerepublic_or_die
"Huma, get on the phone to Riyadh, pronto!"
32 posted on 04/21/2008 2:11:18 PM PDT by Revolting cat! ("I am like...Dude......do you really....like want the Sex?")
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To: freerepublic_or_die

And she and her cronies are gonna be in charge of OUR money?? That’s what got us where we are.....SOCIALISM.


33 posted on 04/21/2008 2:12:55 PM PDT by Sacajaweau ("The Cracker" will be renamed "The Crapper")
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To: Husker8877

I have saved a copy of a political cartoon from the 1992 democratic primary race. It shows all the Democratic hopefulls innertubing down a river, each on an innertube with the name of an issue expected to knock them out of the race written on it’s side. They are approaching this “waterfall” where the press looms just at the crest to watch each go over the edge, representing a collapse of their candidacy.

The first off the waterfall to oblivion is....BILL CLINTON.

On his innertube are the words...JENNIFER FLOWERS!

Looks like the cartoonist got it wrong...

I won’t call Hillary out of this thing until I see someone else being sworn in on January 20th and the ceremony officially actually ENDS.


34 posted on 04/21/2008 2:48:59 PM PDT by RobRoy (This is comical)
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To: detective

“The Clintons get credit card numbers from their donors and then access their credit cards over and over again without getting permission. This is being covered up by the media.”

that is a very bold statement, one that I have not heard beofre.

Can you provide any links to back this up?


35 posted on 04/21/2008 2:50:04 PM PDT by stockpirate (Obamaicans, RNC's RINO Chickens coming home to r................)
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To: goldstategop
That's like flushing money down the drain.

Or buying a used lottery ticket ;-)

36 posted on 04/21/2008 3:11:37 PM PDT by varon (Allegiance to the constitution, always. Allegiance to a political party, never.)
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To: freerepublic_or_die

Maybe she can sell some of her Hsu’s?


37 posted on 04/21/2008 3:15:20 PM PDT by Polynikes (Hey. I got a question. How are you planning to get back down that hill?)
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To: freerepublic_or_die
Mark Penn's firm is owed over $4.5 million.

I'm sure he's at her top of her list to be paid.

Penn should put a lien on her assets 'cause that's the only way he will see his money

38 posted on 04/21/2008 3:33:50 PM PDT by Popman (Typical bitter white male clinging to my religion and guns......................)
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To: freerepublic_or_die

Wonder if Larry King will ask the tough question about this tonight on his show. Don’t know if he is going to have her on the full hour. I am trying get enough stomach to watch it. But it is good coverage for her the night before the election.


39 posted on 04/21/2008 3:42:37 PM PDT by acoulterfan
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To: detective
The Clintons get credit card numbers from their donors and then access their credit cards over and over again without getting permission. This is being covered up by the media.

Pure fantasy.

If you know anything about credit card transactions you would know that statement is false. Almost every CC transaction done without a CC present gets flagged by the CC company

Can it happen? Sure, but not on the scale that would be meaningful or explainable.

Are you an Obama troll?

40 posted on 04/21/2008 3:51:19 PM PDT by Popman (Typical bitter white male clinging to my religion and guns......................)
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