Wednesday, February 6, 2008

Snap a Jelly Packet: Hillary Is Toast




Hillary used up a year's worth of fundraising in January,
under the theory that she would soundly beat Barack Obama and John Edwards on Super Tuesday, and seal up her "inevitability." Replacement money, she figured, would then flow like water.

Nice plan,except that it didn't happen that way.

Barack not only won more states than Hillary, but when the dust finally settles, he may have won more delegates too. One thing is for sure: In the week ahead, the Obama campaign is going to beat Hillary like a pair of bongos, winning (I expect) in WA, NE, LA, MD, VA, and ME.

Which is a problem for Hillary, because apparently she has has no money left.

The first indication of serious trouble came this morning when Hillary challenged Obama to weekly debates (normally the tactic of someone who is behind and running out of funds).

Now comes word she is borrowing $5 million from herself to self-finance her campaign (see article below). That money is reportedly already gone and nearly $2 million is owed to pollster Mark Penn.

Ouch.

Now the report is out that members of Senator Hillary Clinton's senior campaign staff have agreed to work without pay for the month of February. To show "solidarity."

Right.

Will the lying never cease? Barack treats us like we have a brain. Hillary treat us like we are all idiots.

I had expected Hillary to to hit the wall around the first week in March. Apparently I miscalculated the burn rate of having so many high-paid staffers on payroll.

A note to printers, travel agents and TV and radio stations: most political candidates stick their vendors with unpaid bills. Try not to be one of them!

In the interim, I am giving more money to Barack Obama to make sure he goes over the top.

Join me! You do not have to be a Democrat to donate; all you have to be is someone who is saying NO to Hillary. She's a fine Senator. Let's keep her there.

Clinton Loaned Campaign $5 Million

February 06, 2008 3:45 PM

ABC News' Kate Snow and Teddy Davis Report: Late last month Senator Hillary Clinton loaned her campaign $5 million dollars of her own personal money, ABC News has learned.

At a press conference at her campaign headquarters in Arlington, Virginia, Clinton, D-N.Y., said, "I did I loaned the campaign $5 million dollars of my money. That's where I got the money. I loaned it because I believe very strongly in this campaign. We had a great month fundraising in January, broke all records, but my opponent was able to raise more money, and we intended to be competitive and we were. And I think the results last night proved the wisdom of my investment."

The loan came in the same month that Senator Barack Obama, D-Ill., raised $32 million.

Clinton's campaign reportedly raised about $13 million dollars last month. The campaign says that amount does not include the $5 million loan.

"The loan illustrates Senator Clinton's commitment to this effort and to ensuring that our campaign has the resources it needs to compete and win across this nation. We have had one of our best fundraising efforts ever on the web today and our Super Tuesday victories will only help in bringing more support for her candidacy," said Communications Director Howard Wolfson.

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