Hillary Clinton Loans Herself $5 Million
Hillary Clinton has loaned her campaign $5 Million. How this works supposedly is that she hopes her campaign raises an additional $5 million and then she puts that back in her pocket. Why she doesn’t give her campaign $ 5 million? Secondly, where did this $5 million come from beside her pocket, how did she earn this money?
The reason for loaning herself the money is thought to be the superior fund raising of Barack Obama in January when he raised $32 million in that month alone. Many of her donors are thought to have reach the limit of donations, which is $2350 for individual persons.
Breaking news, just in time for Clinton’s press conference at 4:00 pm ET: Clinton loaned her campaign $5 million late last month to remain competitive financially with Obama.
Said communications director Howard Wolfson in an email to NBC News: “Late last month Senator Clinton loaned her campaign $5 million. The loan illustrates Sen. 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.”
This comes on the heels of her appearance on Late Night with David Letterman Monday night, where she complained about how much money was being spent on elections and how candidates shouldn’t be able to fund themselves and shouldn’t have big contrubutions from groups, but rather go to a publicly funded system (tax dollars) that all candidates get to use so that everyone is on an equal playing field.
Doesn’t sound so equal does it?
Source: MSNBC
Photo Source: Nonstop Bargins
Sphere: Related ContentComments
One Response to “Hillary Clinton Loans Herself $5 Million”
Got something to say?
-
Search
-
Blogroll
Her face seems to be falling more and more…..perhaps she’ll use the $5 mil to get a new facelift.