Sunday, June 01, 2008
Why Hillary Fights On
Where does Hillary Clinton get the willpower to fight on for the Democratic Party nomination, when it's pretty clear she's lost?
She proclaims herself a "fighter" who wants to get her message to the people.
But the April 30 Federal Election Commission filings paint a different picture.
Hillary has lent her campaign over $10 million. The campaign is $20 million in debt, in addition to millions in accounts payable. Her Senate campaign fund only has $300,000 on hand.
As long a Hillary keeps running, she can keep raising funds... and hopefully pay herself back some of that $10+ million. If she quits, it would be hard to raise enough funds to cover her debts. She'd be out a lot of dough -- and so would many of her supporters, who extended her credit. According to the New York Times, those supporter-creditors include the firms of Mark Penn and Harold Ickes.
It's all about the money. -GAHjr
She proclaims herself a "fighter" who wants to get her message to the people.
But the April 30 Federal Election Commission filings paint a different picture.
Hillary has lent her campaign over $10 million. The campaign is $20 million in debt, in addition to millions in accounts payable. Her Senate campaign fund only has $300,000 on hand.
As long a Hillary keeps running, she can keep raising funds... and hopefully pay herself back some of that $10+ million. If she quits, it would be hard to raise enough funds to cover her debts. She'd be out a lot of dough -- and so would many of her supporters, who extended her credit. According to the New York Times, those supporter-creditors include the firms of Mark Penn and Harold Ickes.
It's all about the money. -GAHjr
