Clinton $31 Million In Debt

6. Cash on Hand at BEGINNING of the Reporting Period 31711745.93

7. Total Receipts This Period 26911626.98

8. Subtotal (6 + 7) 58623372.91

9. Total Disbursements This Period 28956919.81

10. Cash on Hand at CLOSE of the Reporting Period 29666453.10

11. Debts and Obligations Owed TO the Committee 0.00

Itemize all on SCHEDULE C or SCHEDULE D

12. Debts and Obligations Owed BY the Committee 19480893.26

Itemize all on SCHEDULE C or SCHEDULE D

13. Expenditures Subject To Limitation 0.00

14. NET Contributions (Other than Loans) 193492741.31

15. NET Operating Expenditures 185147033.59

$5 mill of receipts = loan from the candidate

31.4million in debt.

Looks like she raised $19 million, not the $22 million her campaign claims. The link is here: http://query.nictusa.com/cgi-bin/dcdev/forms/C00431569/336283/

Are the FEC numbers up? Sweet work, slink!!!!

WOW. Try selling that to the superdelegates!

Just wrong. Nobody should believe her claim. She can't read a statement.

The campaign has a little more than 19 million in debts.

10 million to herself

5 million to Penn

1 million to a printer

3+ million to various vendors.

If the campaign can use the 31 million cash on hand the debt is more than covered.

Some here refer to a restriction of use on the 31 Million cash on hand she has. I find nothing about that in the statements. But even if that money cant be used in the primary, what the campaign owes to other than Herself and Penn would be about a weeks worth of receipts, about 5 million.


(edited to include a missing word)

See my post below

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

/edit for link

My post above is correct.

The campaign owes 19 million. 15 million to Clinton and Penn. The campaign has 31 million cash on hand, at least 21 million of which that it cant touch until she becomes the nominee or drops out.

I am 90% certain that once she drops out or becomes the nominee she can then use those GE millions to pay off the loans she made to the campaign. This is from memory of campaign law regarding personal loans works thus my hedge, I'm old, not McSame old, but old nonetheless.

Apparently you have a real hard time reading the FEC statement, and being truthful.

Also, how much of the cash on hand is for the general?

$6,758,073.69

Who else is allowed to loan her money?

That was cash on hand that is designated for the general.

When this happened to me--and in much smaller numbers--I ended up homeless.

"We'll always have Chappaqua"

And there she is, shilling the website and begging for money when Bill could just give a dozen speeches, maybe less. It's very frustrating to me, to watch them treat donors this way so they can keep paying that shitwad Mark Penn.

I never knew your story, tishaLA. :hug: :hug: :hug:

Linky?

:crazy:

FEC filings are out. Looks solid.

:shrug:

Anyone? Cuz her husband was lucky enough to be around during the internet bubble? :shrug:

Just when you think the day can't get any better.

:toast:

Rec!

I respect that. There was way too much money spent for a primary this go around, on every side, but the amount of money that it takes to run for President just keeps going up.

Elections are so expensive yet there are so many homeless people sleeping on the streets tonight.

You people are better at reading these things, so thank you for parsing the numbers for dummies like me! lol

what the hell is she spending her money on?

And seriously, who is going to pay for it when all she does is run herself further into the ground???

And she will still lose..

She wouldn't be $31 million in debt if she hadn't selfishly continued this for much longer than she should have.

She's running up a tab that should have ended after Mississippi. It was over mathematically at that point.

His campaign can give hers a maximum of $2000.

The way she ran her campaign is enough reason for any "medium information voter" to see that she would be a tragic mistake if she were President, which would never happen anyway.

what a load of crap.

HRC is about HRC only!

This issue has been bothering me now for weeks! Finally, Randi Rhodes picked up on it but the media has ignored it:

Last Thursday, the candidates were required to meet certain funding thresholds for administrative needs. If Hillary Clinton is in the red that much money, that means that she doesn't even have enough to meet those administrative goals. In other words, she hasn't been paying her staff.

When the money comes in, she is obligated to pay her vendors, but she is not obligated to pay her staff or provide benefits for them.

Here's a woman who is touting a Universal Health Care Program that mandates that everyone have insurance or be penalized.

This is, perhaps one of the biggest outrages of her campaign. The fact that she is positioning herself as the champion of the "hard-working," blue-collar workers when in reality, she's making their lives harder through her policies and disorganization.

I'm still waiting on someone, anyone, to tell me how they can support this woman and how she is better equipped to be the Commander In Chief when she can't even manage her own affairs...

email your post to MSNBC, CNN... far and wide!

Some Obama surrogates need to point this kind of crap out, repeatedly.

Every time I turn on the TV, there is some HRC surrogate spinning like a top, especially McAwful and a handful of harpies like Gerry Fuckoffaro.

Obama surrogates need to counter the experience claim, the ready to lead claim (yeah, like she was ready for a formidable primary campaign challenge) and the fighter for the little guy BS.

:hi::hi::hi:

... they'll likely never get paid. Some of them go all the way back to Iowa.

The least they could do is pay them off with a few of Bill's speeches in Dubai. Seriously.

With the economy in the hole and Americans suffering, amassing credit card debt and losing their homes, how could anyone look at Hillary at this point and say, "She'd do a much better job with the nation's finances"???

doesn't that mean she's got a net of 10 million in the bank not that she's in debt 31 mill?

doesn't that mean she's only 2 mill in debt?

and it puts her at 2 million in the black

you don't even know what columns you're looking at or the difference between 193 million and 19 million.

Just stop now before you embarrass yourself further.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

and amend or remove posts and OPs insulting Slinkerwink

Please amend this ignorant post, check my post below

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

and remove your other needlessly insulting posts

and the loan was from the quarter, not last month.

You're not good at reading statements.

NET Contributions (Other than Loans) 193492741.31

Are you sure you are looking at the correct page?

if you put commas in.

check my post below for the true state of affairs

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

http://query.nictusa.com/pres/2008/M5/C00431569.html

:hi:

Bill Clinton needs to pimp himself again.

}(

Someone please explain!

I mean the 3 a.m. phone call thing (phone rings, kid sleeps) looks like it cost about $119.50.

And she wants us to hand her the reins of the national economy? No thanks.

are wrong. Very wrong.

please check my post below, a link is provided, and amend your post

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

Hey - I'm an Obama supporter, but I don't want to look like an idiot claiming the wrong thing.

I have very serious doubts about the 31 million dollar debt claim.

I think by saying 31 million in debt you confuse people. How would you feel if I started a thread and said Obama was in debt by 2 million dollars!

you should ask for this thread to be deleted.

God, yesterday you were talking about Ferraro's primary wins, now this. Are you EVER right about anything?

"Look, I know all you investors are upset about the bad decisions we made, giving out sub-prime loans to unqualified borrowers just before that mortgage meltdown. I want you to know that we've pulled back on that business and gotten into a much safer, higher-yield business.

"We're now providing the financing arrangements for Hillary Clinton's campaign effort. With a high profile candidate like that, we'll turn around this Bear Sterns outfit in no time!"

Go to 'Debts' by vendor': http://query.nictusa.com/pres/2008/M5/C00431569/D_DEBTS_C00431569.html

Copy all the data in the table and paste it into a spreadsheet (use 'paste special' or it all goes into a single cell)

Add up the total - you get $9 million and change

Plus $10 million in loans to herself gives you the total of $19 million.

She went into May about $10-11 million in the black.

Math is good people. Use it wisely.

and these are the people that are always trying to tell US about "the math".

Message removed by moderator. Click here to review the message board rules.

I really don't think they're included, but I'm admittedly too lazy to add up her individualized debt. So I'll go to sleep and hope that somebody else figures this out. ;)

http://query.nictusa.com/pres/2008/M5/C00431205.html

$14,923.16 in debt

$1,409,202.84 in unpaid loans

Give me a line # on the detailed summary.

Column B of both

they mightt have been written off or something since the campaign was suspended. I don't know. I just noticed that when I added up the itemized debt for Clinton it came to exactly $10 million less than the total debts outstanding, and since she had $10 million in loans the conclusion is pretty obvious.

To see our campaigns do this on a national stage is embarrassing to the party, projecting an image that we chronically mismanage funds. It does not bode well for the "tax-and-spend" meme that the thugs like to throw out.

at least not until a candidate is chosen.

:headbang:
rocknation

At least, if they had "free of charge" accountants provided to the campaigns, we could avoid this egg on our faces.

the OP doesn't know how to read a statement.

I want it to be the math, but that doesn't look like the math to me.

the whole thread is a huge mistake and should be locked.

That is GE money not primary money

$6,758,073.69 is designated for the general election. But I'm probably wrong.

she has been carrying close to $ 30 million for GE in the past.

2007___Year-End___$3,119,909.02
2008___January____$970,741.10
_______Febuary____$1,249,394.79
_______March______$760,288.38
_______April_______$657,740.40
_______May
_______June
_______July
_______August

_______Total:_____$6,758,073.69

19 million and 193 million, which the OP seems not to grasp.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x6054991#6055179

This thread is just a lie. She took in 21 million, spent about 22 million.

in my post below and remove or amend your ignorant and insulting post. A link is provided

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

Obama is a leader. She needs to do some some serious thinking, if she doesn't see that.

Message removed by moderator. Click here to review the message board rules.

claims the period total of 193 million is her month's total of 19 million, what else is there to discuss?

She spent about 22 million last month, she raised about 22 million last month. She had 10 million in debt going into the month, not counting her loans. So how does that add 20 million to her debt?

It's just wrong.

I haven't looked at it. Don't care about it.

19 million is not 193 million. Period totals are not month totals. The OP is utterly ignorant about how to read a statement.

She took in about 22 million, she spent about 22 million. And somehow, that increased her debt by 20 million. It's absurd. It's wrong. It's a lie.

irrelevant to what's being discussed here.


Why should I give two figs about John Edwards' financial reports? And why would you assume that every campaign accounts for everything the same way?

19 million is not 193 million. The OP can't read a statement.

Her income and expenditures for the month were roughly even - it appears she REDUCED her debt in april. Instead, the OP claims she added 10 million to it. It's just wrong.

the way they report the numbers to the public?

for someone who's constantly lecturing others about name calling, that's pretty ironic.

http://english2american.com/dictionary/b.html

and they deserve the pampered treatment. They need to save their energy for broadcast statements about mean and cruel and classless bints.

I mean, Obamatrons.

Do not give her $ and do not use his time to help raise funds for her. She spent this money and she's rich enough to afford to lose it. Spend time helping those who need it, not a mega rich couple!

And I don't care if that's the 'normal' thing to do. New politics, new ways!

It wouldn't be legal--Obama couldn't pay Hillary's debts out of his campaign funds if he wanted to. He and Hillary, however, have teamed up for a new fund to cover the expenses of the DNC and the general election.

:headbang:
rocknation

So Hillary can donate $20 million to her campaign and then those that donate to this new fund which is for DNC and general election can be used to pay her back? That seems so dirty and wrong, how about giving the extra money back to the millions who gave up there hard earned dollars instead of passing it over to a rich couple?

It wouldn't go into either candidate's own campaign fund.

:headbang:
rocknation

I had heard that it's typical for the winning side to pick up the losers debt, is that not true? Per you that sounds like it would be illegal, are there some kind of loopholes?

by co-hosting a joint fundraiser (splitting the proceeds down the middle) or asking his own supporters or others to send the candidate money. As long as it's not a direct payment out the candidate's campaign fund.

:headbang:
rocknation

I'd ask mods nicely not only to lock this thread, but to delete the evidence of the stupidity from which it originated.

How embarrassing.

as the OP is not wrong. Please check my pose below (link provided) for the accounting

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

Perhaps the OP should ask that this thread be locked or deleted....embarrassing for her, for sure.

Just like her pal Junior!

Message removed by moderator. Click here to review the message board rules.

Damn the intertubes!

:rofl:

Yes, she should hire somebody to hide her ignorance.

a link to a correct interpretation of the figures is provided

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

Message removed by moderator. Click here to review the message board rules.

:spank:

:spank:

But then Hillary never was good with numbers. :shrug:

You will see that your post displays ignorance and is insulting (and sexist - bint being an insult specifically to females). A link to my post is provided

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6054991&mesg_id=6057505

:thumbsup:

I can't believe she actually cited the kid in her speech last night as if this is a good thing. How an adult in a losing campaign can accept the proceeds of a kid selling his bicycle and other toys is beyond me. Take a few bucks from the kid to be polite and tell him to go buy a new bike. That was one of the most disgusting things I've ever seen - taking $400 from a little kid.

Can we please get an accurate accounting of the numbers please. I'm an I.T. man not an accountant.


Any help would be appreciated.

Nearly every penny of her cash on hand at the end of April is for the General election only, so you start at zero.

Then add the debts to the loans to the committee and you have how much her campaign is in the red.

This does NOT count additional debts for May plus the additional $6,400,000 she loaned herself in May.

Right now, I'd estimate her somewhere between $37,000,000 and $42,000,000 based upon her average burn rate in April.

source
http://latimesblogs.latimes.com/washington/2008/05/clintondebt.html

For those of you unfamiliar with accounting practse debts are accounted separately from loans.

as I can no longer edit I wish to appologise if my post is untrue

and you nailed it first......

Way to go slinkerwink!!!!!

She can't even handle the money for her campaign. How the fuck is she going run this country?

The mainstream media has picked up on exactly what Slinkerwink presented here.

SHAME ON YOU, HILLARY SUPPORTERS, FOR NAMECALLING ON SOMEBODY WHO ONLY POSTED THE TRUTH!!!

To give those who need to apologize the opportunity (you know who you are)

The OP was 100% accurate.

People called her names over the OP.

These people MUST APOLOGIZE!

Clinton ended April $31 million in debt, EXACTLY AS THE OP SAID.

Clinton supporters called her names.

Why should tehre be any apology to Clinton?

:rofl:

Corrected article: http://latimesblogs.latimes.com/washington/2008/05/corrected-item.html

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x6058241

Looks like it's still $20Mil

I will apologize for the error

Still not good to be that much in debt, though, any way you look at it

Not really that big of deal.

oh well

:wtf:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x6058241

Shouldn't he know?

Does anyone know how to read these damned reports, lol?

I just want an answer!