Major money problems in the Clinton camp may soon become a coroner knocking on her campaign door

[dkf]

Is Hillary broke?

March 29, 2008
Recommend (111)

BY MICHAEL SNEED Sun-Times Columnist

Scoop du jour? Sneed hears major money problems in the Clinton camp may soon become a coroner knocking on her campaign door.

To wit: Word is the cash feeding into Hillary Clinton's campaign coffers has not only slowed down in a big way, undisclosed campaign debts that have yet to be made public could signal the end and have insiders biting their nails.
"Hillary needs to raise money to stay alive," a top Dem source said.

Translation: "It won't necessarily be politics which may force her out of the race," said a top Dem source. "There is no hanky panky going on, but Hillary needs to raise money to stay alive . . . and word is she may not be able to climb out of the money hole."

The buckshot: "I think it's safe to say Hillary's not going to dip into her pocket again," the source added. "And if her employees start taking pay cuts while chasing the dream . . . it's usually the beginning of the body becoming totally cold."

http://www.suntimes.com/news/sneed/865494,CST-NWS-SNEED28.article

[RazBerryBeret]

1. finances could force her out...

I posted this earlier from huffpo:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=5315632&mesg_id=5315632

[dkf]

2. I wonder if she needs to win the primary in order to get her $5 million back

and pay all her bills.

She's got money in the bank, but it is all tied to winning the primary and getting into the general election.

Could this be the real reason behind her desperate strategy?

[Whisp]

6. if she doesn't cover her debts, could they be considered donations?

couldn't that mean trouble for her because so many top the $2300?

maybe that's an angle for Obama lawyers?

have no idea how this works, just blue skying.

[Debi]

10. I think they can forgive up to a regular contribution amount as an 'in kind' donation

However, general electioin funds cannot pay primary debts incurred AND what about the county fair grounds, school districts and colleges. Tax payers foot those bills if the Clinton camp doesn't pay them.

[dkf]

12. I know when banks forgive loans to regular people it is considered taxable income.

[roguevalley]

29. most forgiven money is taxable as capital gains. remember that when

you negotiate a settlement on credit cards.

[bicentennial_baby]

3. Hell, Maggie Williams is working for free...

Which I don't think is a widely known fact.

[RazBerryBeret]

7. Maggie Williams also

was a director on the board of a Long Island subprime lender.
from April 2000 til this past December when the Lender went into Bankruptcy.

Subprime Lending---isn't that one of Clinton's big causes?

[Debi]

8. Hell, everyone she owes $8.7 million to worked for free as well

they just didn't know it at the time! :wow:

[SoonerPride]

4. Bean counters will take the place of party elders and tell her to quit

The party elders don't have the spine to tell her.

But after N Carolina and Indiana, she will quit.

She cannot go on.

Money trumps all and she is broke.

[OzarkDem]

5. GOP donors focusing on Obama

apparently he's convinced them he's the one who will further their agenda, if elected.

Please don't tell me all about Obama's donors. I know what "bundling" is and Obama's record of lying about this is well documented.

[Debi]

9. Did the Clinton camp rent the smoke and mirrors - or did they have to pay cash? n/t

[RazBerryBeret]

15. used credit. n/t

[Debi]

16. There's yet another 'unpaid invoice'

x(

[RazBerryBeret]

18. who here thinks

she can manage our HealthCare?

Isn't she planning to garnish wages...hey, I don't want her touching my checks, I can screw up my own bills, thank you very much....

[Debi]

19. She's not managing her own campaign's health care expenses

If any of us here didn't pay our health care premiums we'd lose our health care. The Clinton camp owes $500,000 in campaign health care expenses. x(

Can we garnish CLINTON'S wages?

[Shakespeare]

11. But Richard Mellon Scaife hearts Hillay!!!

:rofl:

[cliffordu]

13. LOL!!

:rofl:

[screembloodymurder]

21. Why do you think she met with Richard Mellon Scaife?

He just bought himself a candidate and she made a bargain with the devil.

[unblock]

14. this going around calling obama a republican thing is really over the top

it's entirely ridiculous and you're not going to get anyone to agree with you other than those who are already highly partisan hillary backers.

[JayFredMuggs]

26. So you know all about it?

How smart!

Please explain how 500,000 individual human donors averaging about $100 a piece over the internet is "bundling"?

[roguevalley]

30. okay. we won't confuse you with the truth. and thank you for telling

us how they do it since I can see you are such an insider to the Obama campaign.

[backscatter712]

17. She's walking down the road to the next gas station with a jerry can again...

What happens when she gets there, tries to fill up, but her credit card is declined?

[Debi]

20. I wish she was paying by credit card

instead her campaign is writing IOUs and skipping out on her debts.

[backscatter712]

23. or misusing her staffer's credit cards...

[greguganus]

22. There's always Ebay...oh wait..no one's buying her stuff on there either. n/t

[OzarkDem]

24. Chicago news media - they love the GOP

and crooked Dems.

[kwenu]

25. Why can't Hillary get her supporters to donate to her campaign? That's a bad sign.

:nopity:

[JayFredMuggs]

27. Duh maybe because

There aren't that many with any money left over, and they really don't think she stands the chance of a snowball in Hades of getting the Dem nomination???? THAT would be MY guess.

Then there are all the lies she tells and what a mess her campaign is in financially??? That's my Second guess!

[cyndensco]

34. They are probably hesitant to share their credit card number with her campaign...

..No telling how may unauthorized charges might appear...

[Lucky 13]

33. Don't let them fool you. They are a lot smarter than they appear on DU.

They know Hill is done. Only a fool would throw more money down that black hole at this point.

What's more, I think probably many of her donors are maxed out for the primary. The campaign never expected it to go this far and planned VERY poorly.

[L0oniX]

28. Kick

[dansolo]

31. When do the March fundraising numbers come out?

And when they are reported, will the MSM differentiate between what Hillary actually has on hand? In February, they touted her fundraising numbers, but never mentioned her large amount of debt, or the fact that a lot of the funds were only usable in the General election.

[Debi]

32. April 20th

The MSM is ignoring Clinton's debt - even doing that they cannot ignore Obama's fundraising advantage forever. Well, then again.....

[gateley]

35. It's just so discouraging that these days, it takes

MILLIONS to run a presidential campaign.

More than anything, I think it would be money that would force out a candidate. It's always the money.

[Debi]

36. But some candidates honorably leave the campaign trail

when they realized they will be unable to raise the $$ it takes to compete. Others just go far far far into debt.

[Tarheel_Dem]

37. this is just sad, if she's forced from the race due to lack of funds....

that will be so embarrassing for her. I don't care how long she stays in, but I just find it sad that her campaign advisers have handled things so ineptly, and whether fair or not, some people draw connections to the way one runs a campaign, with the way they would run the government.