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If Hillary's Viable, Why Is She Broke?

(also at the G.O.S.)

Clinton just had an decisive 9-point win in PA after a gruesome six weeks. She's re-invigorated, and her followers are electrified. 10 million dollars streamed in from 500K new sources overnight, and the campaign is "fired up."

Unfortunately, Hillary's debts were up to 15.3 million dollars three weeks ago (counting the 5 million she loaned her campaign), and this latest influx of money has not been near enough to pull her out of the red.

If Hillary is indeed a viable candidate, how can her campaign still be in so much financial distress?

Poor money management is certainly one answer, and an important consideration, given that she wants to be at the helm of our economy.

But another factor points to a disturbing aspect of Clinton's candidacy, and one that hasn't been discussed nearly enough.

Clinton's core of support is extremely soft.

Barack Obama has $51M in the bank, John McCain $11M. Hillary Clinton?

... Let's just say she's gonna have to send the kids to live with her sister up in Buffalo for awhile.

On the eve of the Pennsylvania Presidential Primary, we found out that it has become even more important for Senator Clinton to perform over Senator Obama, if she wants to stay in the race for the nomination through June 3rd.

The Check Is In The Mail, Says The Clinton Campaign

The Clinton campaign is denying rumors that it is broke. Howard Wolfson, whose $237000 monthly salary went a long way towards bankrupting the campaign said (NYDailyNews 4/1/2008)


Bills are being paid. We are continuing to raise a considerable amount of money. We had the best fund-raising month in the campaign's history [in February].

Translation: The check is in the mail. And March has not been as good as February.

The NY DailyNews continues:


Still, a review of Clinton's fund-raising records through the end of February - the most recent available - found that Clinton hadn't paid debts to many small shops she hired to organize campaign events.

In New York, records show Clinton owed money to about a dozen outfits - even though the campaign moved away from the Empire State after its Feb. 5 primary. She owed $3,598 to Hudson Yards Catering and $8,441 to a Long Island City production company.


Some bills left over from the early days of the campaign were paid, but late:

Several mom-and-pop shops that provided services for her in long-forgotten Iowa and New Hampshire have had to beg the campaign to settle up.

"They just paid us a couple weeks ago," said Kyle Rhoads, whose Garner Printing was owed more than $48,000 months after the Iowa caucus was over. "It did drag on longer than usual."



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