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 ...
IIRC, they went into debt big time getting Bill elected as Governor of Arkansas, too. A friendly banker to give them a personal loan to pay off the campaign debts, a stock broker with a paper shredder, a shill somewhere to absorb the losses, and few cattle future trades, and it’s all taken care of.
Operation Chaos now has an offshoot named Operation Bankruptcy :)
What debts? Isn’t the Clinton motto “stiff ‘em?”
Sorry but that is fraud.
The hapless donors could have those charges credited back to them by their banks.
“Are you an Obama troll?”
I have been on this site for years and have discovered there are not only Obama trolls but some Hillary trolls lurking around here too.
“And this bad news for Hillary is after she lent the campaign $5 million, isn’t it?”
Hmmmm.... I would say it as just as likely that Hillary REALLY lent her campaign $5 million, as it is that she returned all the ‘bundled’ and ‘illegal’ campaign contributions.
Here’s one example. There are others.
http://wonkette.com/365959/hillary-campaign-commits-credit-card-fraud-against-delightful-lady
You probably believe all those donations from Chinese dishwashers to the Clinton campaign were honest. You are either hopelessly naive or a Clinton operative.
I like this one:
Dear Madam:
I have been requested by the Hillary Clinton Campaign Committee to contact you for assistance in resolving a matter. The Committee has recently concluded a large number of contracts for political advertising in the Midwest United States. Once Clinton is elected, the contracts will produce moneys equalling or exceeding US$40,000,000. However, because of certain unfortunate regulations of the United States Government, the Committee is unable to access these funds at this time.
Your assistance is requested as a Clinton supporter to assist the Committee in accessing these funds. If you will be so kind as to provide your credit card number and security code, we will draw a small amount from your account at this time in return for substantial recompense once Ms. Clinton is elected President.
If it will be possible for you to assist us, we would be most grateful. Please call me at your earliest convenience at 1-800-HILLARY. Time is of the essence in this matter.
Yours truly, etc.
Hillary for President!
Dear Madam, As our very future and that of our children are in such dire
peril, I am following through with the request made by the Hillary Clinton
Campaign Committee to ask that you pilfer your children's college fund
so that we can have a future at all in ecuring your only ticket for survival,
my election as president.
Hillary
Can you give a link for that info?
Here is another link. YOur claims seem to have some basis in fact.
http://www.bluejersey.com/showDiary.do;jsessionid=00459DD45597F0D7E14B1C78E2DAE9D3?diaryId=7104
See posts 48 and 53.
Wow, and that they are being put over the legal limits.
Good stuff!
When does a loan become a contribution?
Like him or loath him, Obama has guts to take on the evil/stop at nothing Clintons.
Have you sent that to Rush, Sean or Larry Elder?
I just found it today after reading this article. Send it to them youself. I don’t care if you take credit for informing them.
I just found it today after reading this article. Send it to them youself. I don’t care if you take credit for informing them.
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