2016 Postmortem
Related: About this forumHillary Clinton faces one problem she didn't expect: Money
Although she seems to be managing money better than she did in 2008.
http://www.latimes.com/politics/la-na-clinton-money-20160218-story.html
Now, at a critical point in the race, Clinton finds herself under financial stress. The Bernie Sanders money machine keeps churning, sweeping up millions of dollars more than the Clinton campaign has been able to find of late, positioning the democratic socialist from Vermont to compete in states where he was never expected to be a threat.
As Clintons network of fundraisers in cash-rich regions like Los Angeles and the Bay Area struggle to fill events where tickets typically cost $2,700 -- the maximum a donor can give in the primary -- Sanders is not holding any. His money comes almost entirely online, and keeps coming and coming, far faster and more steadily than small donations do on Clintons website.
Clintons rainmakers have grown anxious. She began the year with $10 million more in the bank than Sanders, but that cushion is disappearing fast.
The pond is getting fished out. Everyone is sending invitations to the same group of people. And those people have already given as much as they are allowed to give, warned a Clinton loyalist in Los Angeles who has raised tens of thousands of dollars for the campaign.
There are only so many people in Hollywood with $2,700 to give. Eventually you burn through them, said another political insider, an advisor to wealthy donors in Los Angeles. Both spoke on condition of anonymity to comment on the fraught issue of cash.
libtodeath
(2,888 posts)Sienna86
(2,150 posts)But once again, donations and funding are an issue. Jus like in 2008, she kept soliciting donations long after conceding, because the campaign was in serious debt. I kept wondering then why the Clintons just didn't pay off the debt.
farleftlib
(2,125 posts)She believed the coronation was inevitable.
Vinca
(50,319 posts)It takes us poor folk longer to get to $2,700.