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Hillary Clinton struggles with over 20 million dollars debt
Thaindian News ^ | June 20th, 2008

Posted on 06/20/2008 5:02:28 AM PDT by COUNTrecount

Washington, June 20 (ANI): New York Senator Hillary Clinton will have to bear the entire 11 million dollars loan she gave her campaign because the fund-raising has dried up.

Hillarys push to retire her debt — more than 20 million dollars including her loan — is going so poorly that getting help to pay it down has become a major point of negotiation with Democratic presidential candidate Barack Obama, who wants Hillary to help smooth things with angry Clinton die-hards, sources have said.

I have raised nothing since the campaign ended, The Daily News quoted a Hillary fundraiser, as saying.

Sources said the fact that they have all but written off their own loan suggests they’re favouring the local caterers and printers they used for campaign events.

Even the Clintons wouldnt pay themselves back before they pay the little guy in Iowa, a Clinton fund-raiser said. After she quit, the money dried up, the source said.

Another source said that Clintons campaign failed to understand modern fund-raising, in spite of raising a stunning 220 million dollars.

It was a pre-Internet strategy, said a top Democratic official. You go to your big donors and get them to max out. Now it’s almost impossible to get money because it’s over. Why would somebody want to give to retire a debt for somebody who lost?

Clintons best shot at retiring her debt now lies with Obama, who has built the best political cash machine ever seen. Sources said she wants Obama to tap his full grass roots ATM, but negotiations were going on. (ANI)


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: 2008; clinton; debt; donors; fundraising; hillary
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1 posted on 06/20/2008 5:02:28 AM PDT by COUNTrecount
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To: COUNTrecount
with ObamaSOROS, who has built the best political cash machine ever seen

I'd bet a large amount of Obama's money is coming from overseas.

2 posted on 06/20/2008 5:04:35 AM PDT by AmericaUnited
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To: COUNTrecount

So she’s hiding in India now?


3 posted on 06/20/2008 5:06:12 AM PDT by johnny7 ("Duck I says... ")
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To: COUNTrecount
I have raised nothing since the campaign ended, The Daily News quoted a Hillary fundraiser, as saying.

Wow. A Clintonite accidently told the truth.

4 posted on 06/20/2008 5:07:09 AM PDT by Steely Tom (Without the second, the rest are just politicians' BS.)
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To: COUNTrecount

Barry Hussein Obama is flush with almost $300,000,000, which he can’t possibly need when McCain has only $85,000,000. Surely BO can show his generous nature and help the less fortunate like Hillary, who only has $100,000,000 left in her bank account.
The Founding Fathers are rolling over in their graves...


5 posted on 06/20/2008 5:07:11 AM PDT by kittymyrib
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To: COUNTrecount
The golden goose is once again....just a goose.

And the gander ran away with the gold.

6 posted on 06/20/2008 5:08:20 AM PDT by Sacajaweau (I'm planting corn...Have to feed my car...)
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To: COUNTrecount
Hillary Clinton struggles with over 20 million dollars debt

This is the reason, IMHO, that she's holding on tho her delegates. That way, come convention time, she can say..."I'll give you my delegates, if you remove this debt".

7 posted on 06/20/2008 5:11:08 AM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: COUNTrecount

Don’t worry, the Clintons will beg for money from their Marxist supporters, like they did during their time in office.

Donations can be sent to the “Poor Bill & Hillary Foundation”. Either that, or she will be forced to sell one of her or Bill’s mansions in New York. Please, do not cause her to do that!


8 posted on 06/20/2008 5:14:41 AM PDT by PSYCHO-FREEP (Juan McCain....The lesser of Three Liberals.")
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To: PSYCHO-FREEP

i am sure that the clintoons will find a way to milk the money out of the public and be scandel ridden once again....that is the way they operate....just look at thier record...its just a shame that they always squirm free unlike the common man and woman.......


9 posted on 06/20/2008 5:17:17 AM PDT by tatsinfla
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To: COUNTrecount
Perhaps she could get a part time job on the weekends or hold a garage sale.

Or she should trade cattle futures for a week or 2 and she'll be out of debt in no time. She was very successful with that in the past and should still have the skills and expertise to make a fortune.

Personally I would pay to have her just go away.

10 posted on 06/20/2008 5:19:58 AM PDT by Manic_Episode (Some mornings, it's just not worth chewing through the leather straps...)
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To: COUNTrecount

She owes money and she is taking a one month vacation from her job in our US Senate. Get the money from Bill you leech.


11 posted on 06/20/2008 5:27:41 AM PDT by nuf said (I am, therefore I think.)
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To: COUNTrecount

This article appears to have been written by an illiterate chimp.


12 posted on 06/20/2008 5:29:59 AM PDT by Jagman
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To: COUNTrecount

Not a problem.........she will write it off as a business loss.


13 posted on 06/20/2008 5:31:25 AM PDT by Wavrnr10
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To: PSYCHO-FREEP
that reminds me - remember when they collected money from faithfuls during the impeachment for legal bills ? LOL

couldnt happen to nicer people

14 posted on 06/20/2008 5:32:58 AM PDT by Revelation 911
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To: Wavrnr10

It really isn’t a problem.

Does anybody really believe that Hillary won’t be given a 15-20 million guaranteed book deal in advance.

Watch and learn. The liberal elite don’t put their financial well being at stake unless they know they are covered.


15 posted on 06/20/2008 5:35:09 AM PDT by rbmillerjr ("bigger government means constricting freedom"....................RWR)
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To: COUNTrecount

Hillary has a history of stiffing people. If they want their money they’ll have to take legal action.


16 posted on 06/20/2008 5:36:53 AM PDT by csvset
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To: COUNTrecount

Can the campaign be considered a business enterprise? Can she simply file bankruptcy?


17 posted on 06/20/2008 5:42:37 AM PDT by Sacajaweau (I'm planting corn...Have to feed my car...)
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To: COUNTrecount
she might have to sell the house in NY and the one in DC.then I don't know buy a trailer in Arkansas.
You can take the trash out but it comes back.
18 posted on 06/20/2008 5:44:36 AM PDT by Gone_Postal (We are not interested in the possibilities of defeat)
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To: COUNTrecount

Remember when the Clintons were the darlings of the “Newsmedia” and the Democrat Party? These people would throw their own mothers overboard for a dime or an increment of power. They would send you and me to hell for less. (Not that I feel sorry for the Clintons, mind you.)


19 posted on 06/20/2008 5:45:03 AM PDT by Savage Beast (Vote Republican = Vote NO to the Radical Left!)
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To: COUNTrecount

Now, lock her up for stealing those FBI files! BIG fine too!!


20 posted on 06/20/2008 5:49:23 AM PDT by Waco
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To: Waco

Isn’t there some “Bad Clintons” legal thing going on that was put off until after the nomination (or election)?


21 posted on 06/20/2008 5:50:51 AM PDT by Sacajaweau (I'm planting corn...Have to feed my car...)
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To: COUNTrecount

Oh, Boo-Hoo!!!!!!


22 posted on 06/20/2008 5:53:44 AM PDT by ReleaseTheHounds ("The demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots.")
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To: kittymyrib
A Leftist showing generosity with his own money is like...uh... I can't think of anything like it. It doesn't happened.

Leftists are very generous with YOUR money--very stingy with their own.

They love draconian laws to which THEY are exempt!

Well I remember my hippie days, when I rapidly learned the importance of keeping my hand on my wallet when dealing with Leftists "Who Loooooooooooooooove Everybody And Just Want To Do Good in the World and MAKE-A-DIFFERENCE!"

Some of them once handed me a chain letter asking for $10,000, "to keep LOVE alive and growing", and saying that those who don't hand it over are "in to negativity and contracture". I replied: "No. I'm afraid I'm in to negativity and contracture."

23 posted on 06/20/2008 5:55:19 AM PDT by Savage Beast (Vote Republican = Vote NO to the Radical Left!)
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To: COUNTrecount
Hillary Clinton struggles with over 20 million dollars debt

Quit complaining, struggling is good exercise, which you could use a lot of, porky :-)

24 posted on 06/20/2008 5:59:41 AM PDT by varon (Allegiance to the constitution, always. Allegiance to a political party, never.)
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To: Savage Beast
How does a loan to yourself work exactly if you have the means to pay it back?

You ask your "friends" to pay it back?

And they should because???

25 posted on 06/20/2008 6:00:27 AM PDT by Sacajaweau (I'm planting corn...Have to feed my car...)
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To: COUNTrecount
My suggestion for The Witch: Just ask Bubba. He took in over $ 100 Million in bribes and questionable 'donations' last year.

Why the hell are foreign governments paying him millions __________ ?

No other explanation make any sense. Bribes, payoffs, extortion money, blood money or illegal influence peddling. They are all the same to me. Bill and Hill are greedy crooks and everybody knows it.

26 posted on 06/20/2008 6:01:21 AM PDT by ex-Texan (Matthew 7: 1 - 6)
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To: COUNTrecount

Apparently Black Whiteguilt Oblack doesn’t know how to make Change??

Pray for W and Our Troops


27 posted on 06/20/2008 6:01:32 AM PDT by bray (Drill Congress!!!)
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To: COUNTrecount

Between her and Slick they have the money. But they don’t want to spend their money, as usual.


28 posted on 06/20/2008 6:07:25 AM PDT by Vinnie (You're Nobody 'Til Somebody Jihads You)
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To: COUNTrecount

She’ll end up doing it the “John Glenn” way....


29 posted on 06/20/2008 6:09:35 AM PDT by stylin19a
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To: Puppage

Yes, follow the money.

These are people who took a deduction for used underwear.


30 posted on 06/20/2008 6:20:52 AM PDT by fightinJAG (RUSH: McCain was in the Hanoi Hilton longer than we've been in Iraq, and never gave up.)
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To: COUNTrecount

A bake sale, maybe? She can sell her cookies!


31 posted on 06/20/2008 6:21:47 AM PDT by TexasRedeye (Eschew obfuscation)
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To: COUNTrecount

At some point the two compaings will reach an agreement and Obama will tap his big money supporters for max contributions to help retire the Hillary loan portion of the debt.


32 posted on 06/20/2008 6:27:35 AM PDT by deport ( ----Cue Spooky Music---)
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To: COUNTrecount

Her problem started when her best strategy caught the public’s attention and she had to give back a lot of the money. After that, there was too much risk of scrutiny to raise money effectively.


33 posted on 06/20/2008 6:29:07 AM PDT by 668 - Neighbor of the Beast (Teach your child to be an American. Take him out of public school.)
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To: COUNTrecount
She could write another book: A Funny Thing Happened on the Way to My Coronation.

Only problem with more books is that Mrs. Inevitable President doesn't have the media fawning all over her any more.

Dropping from the status of almost being the nominee to just being an also ran can be psychologically devastating on one's ego.
34 posted on 06/20/2008 6:29:55 AM PDT by TomGuy
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To: COUNTrecount
Even the Clintons wouldn't pay themselves back before they pay the little guy

Don't bet the rent money on this one.

35 posted on 06/20/2008 6:35:59 AM PDT by layman (Card Carrying Infidel)
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To: COUNTrecount

The word “struggle” assumes something not in evidence: it assumes the beast worries about paying it back.


36 posted on 06/20/2008 6:53:41 AM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: COUNTrecount
Gee, why doesn't Bill go give 5 or 6 speeches and he could make enough to pay it all off. I'd pay a couple of million to hear one of his brilliant speeches......NOT.

Last night I heard that Hillary was going to divorce Bill. She said since her dream didn't come true there was no reason his couldn't come true.

37 posted on 06/20/2008 6:54:42 AM PDT by Harley (Life is Tough, But It's a Lot Tougher When You're Stupid.)
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To: ex-Texan
Why the hell are foreign governments paying him millions __________ ?

Thats commonly called 'Deferred Compensation'.

38 posted on 06/20/2008 7:01:40 AM PDT by Don Carlos (No8Do)
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To: Savage Beast

FR is swarming today since Hillary will join Obama on the campaign trail. This may be enough for the Conservatives to get out and vote for McCain.


39 posted on 06/20/2008 7:20:01 AM PDT by Orange1998
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To: COUNTrecount

This makes sense if there is not expectation amoung the monied Democrat donors that Hillary will EVER run again. She is of no further use, why donate?

Hillary taking an $11 mil hit? My heart bleeds.


40 posted on 06/20/2008 7:21:52 AM PDT by Tallguy (Tagline is offline till something better comes along...)
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To: COUNTrecount

She’s always saying “I this” and “I that”.

Guess now it’s “I O U”


41 posted on 06/20/2008 7:22:13 AM PDT by P.O.E. (Thank God for every morning.)
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To: COUNTrecount

She might have to tap into the Swiss bank account. Oh poor girl. /sarcasm


42 posted on 06/20/2008 7:26:21 AM PDT by bmwcyle (If God wanted us to be Socialist, Karl Marx would have been born in America.)
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To: AmericaUnited
I'd bet a large amount of Obama's money is coming from overseas.

Photobucket

43 posted on 06/20/2008 7:33:57 AM PDT by Cobra64 (www.BulletBras.net)
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To: Puppage
This is the reason, IMHO, that she's holding on tho her delegates. That way, come convention time, she can say..."I'll give you my delegates, if you remove this debt".

Bingo! Great minds... and all that.

Terrorist-Loving Barry Hussein will buy The Beast's delegates.

44 posted on 06/20/2008 7:36:08 AM PDT by Cobra64 (www.BulletBras.net)
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To: COUNTrecount

45 posted on 06/20/2008 8:12:40 AM PDT by Catholic Canadian ( I love Stephen Harper!)
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To: COUNTrecount
I have raised nothing since the campaign ended, The Daily News quoted a Hillary fundraiser, as saying.

"Why the Hell not?"

46 posted on 06/20/2008 3:38:39 PM PDT by Bubba_Leroy ("What's up with Whitey?" - Michelle Obama)
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To: COUNTrecount
Hillary Clinton will have to bear the entire 11 million dollars loan

I suspect a $12 million book deal in the near future with the 12 mil up front and the book to be penned sometime in the future......distant if at all.

47 posted on 06/20/2008 3:44:25 PM PDT by Hot Tabasco
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To: Hot Tabasco

Who would buy the book? Hillary! has lost her power.


48 posted on 06/20/2008 4:42:54 PM PDT by COUNTrecount
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To: Wavrnr10

.....she will write it off as a business loss......

Her creditors will do the writeoff and then the she will have collection agents on her ass forever.


49 posted on 06/20/2008 4:47:54 PM PDT by bert (K.E. N.P. +12 . The Bitcons will elect a Democrat by default)
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To: COUNTrecount
Divorce Bill and write a tell-all book about it. Then go on The View and talk about it. How much would that be worth?

-PJ

50 posted on 06/20/2008 4:56:28 PM PDT by Political Junkie Too (Repeal the 17th amendment -- it's the "Fairness Doctrine" for Congress!)
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