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Hillary's campaign is in massive debt and she continues to slap her supporters in the face

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:14 AM
Original message
Hillary's campaign is in massive debt and she continues to slap her supporters in the face
Edited on Wed May-21-08 12:53 AM by Cali_Democrat
Hillary and Bill have over $100 million, yet they continue to beg for money from their supporters so they don't have to pay their campaign debt themselves. She only "loaned" money to her campaign hoping that her supporters will pay it back.

What a total slap in the face to her "working-class whites." While they're barely scraping by, paycheck to paycheck, Hillary is demanding more money from them.

Who's the elitist? She could care less about those "working-class whites."

How can people still support this money-grubbing woman?
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vixengrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:17 AM
Response to Original message
1. I think this goes to the question of positioning--
which candidate is in a better functional position to face the opposition candidate. Clinton does not have the money, she has tried to establish herself as more experienced than Obama, but no money and her level of experience is going to be a hard shift to compete against McCain. Obama has raised lots of money and set himself up as the serious change candidate--he just has an advantage right there in the GE (which isn't showing up in polls necessarily yet--but I think it will when McCain gets attack ads he can't answer, or is called out on policy questions he gropes to resolve.)
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:21 AM
Response to Reply #1
5. that's funny - Obama slapped back immediately at Hill and
McCain....


I don't think McCain OR Hill are playing the same game Obama is.

Kind of like Tiger Woods and my idiot brother on a golf course.
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Rene Donating Member (758 posts) Send PM | Profile | Ignore Wed May-21-08 12:22 AM
Response to Reply #1
9. so you think Obama should BUY the election.
Money isn't everything. He's got very little message; a very thin resume.....just tired repetitious preaching rhehoric....and held a text msging convention recently.
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:40 AM
Response to Reply #9
21. Blah de blah de blah blah blah. We got it, on to the next, please.
Same stupid fucking talking points, different day.

He beat the complete shit out of the Clinton machine and did it without breaking a sweat.....

He just knocked the dog poo out of Bush and McCain over the appease comments, too.

Pay attention: Obama and his thin resume are about to give a masters class in American Political process.

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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:48 AM
Response to Reply #21
24.  Can't wait..and Obama makes it clear that
Edited on Wed May-21-08 12:48 AM by zidzi
we are a campaign of a different kind of politics and the emphasis is mine but Obama's not going to have hilary as his VP.

Obama's email..


"The polls are closed in Kentucky and votes are being counted in Oregon, and it's clear that tonight we have reached a major milestone on this journey.

We have won an absolute majority of all the delegates chosen by the people in this Democratic primary process.

From the beginning, this journey wasn't about me or the other candidates. It was about a simple choice -- will we continue down the same road with the same leadership that has failed us for so long, or will we take a different path?

Too many of us have been disappointed by politics and politicians more times than you can count. We've seen promises broken and good ideas drowned in a sea of influence, point-scoring, and petty bickering that has consumed Washington.

Yet, in spite of all the doubt and disappointment -- or perhaps because of it -- people have stood for change.

Unfortunately, our opponents in the other party continue to embrace yesterday's policies and they will continue to employ yesterday's tactics -- they will try to change the subject, and they will play on fears and divisions to distract us from what matters to you and your future.

But those tactics will not work in this election.

They won't work because you won't let them.


Not this time. Not this year.

We still have work to do to in the remaining states, where we will compete for every delegate available.

But tonight, I want to thank you for everything you have done to take us this far -- farther than anyone predicted, expected, or even believed possible.

And I want to remind you that you will make all the difference in the epic challenge ahead.

Thank you,

Barack Obama

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democracy1st Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:59 AM
Response to Reply #9
27. If you freakin believe that GOP crap ur spouting ,then you also believe liberals are evil
give me a break, take some time and go look at the issues
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eridani Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:08 AM
Response to Reply #9
28. Buying it from 1.5 million little people is lots different from buying it from high rollers only n/
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mcctatas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:18 AM
Response to Original message
2. I was thinking about this too....
since it is apparent to almost everyone besides Hillary, Bill and t-mac (and those on hillaryis44.com) that she CANNOT win, shouldn't she, as a true "champion of the working class" tell them to save their money? It's almost sleazy the shit they are putting out there (from the now proven untrue $10million day to the continuous pleas to donate to a lost cause...)

And BTW,
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:21 AM
Response to Reply #2
7. She knows that she cannot win...
The Clintons would rather recoup their own personal fortune.

Talk about elitist.
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WillYourVoteBCounted Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:40 AM
Response to Reply #7
44. I re-read "The Jungle" this week, our country seems headed that way
Dog eat dog, the rich just use up the poor, every man for himself.
Wages get lower while rich get richer.... not possible to get ahead.

The Jungle, by Upton Sinclair

The Jungle (1906) is a novel written by American author and socialist Upton Sinclair. It was written about the corruption of the American meatpacking industry during the early 20th century. The novel depicts in harsh tones the poverty, absence of social programs, unpleasant living and working conditions, and hopelessness prevalent among the have-nots, which is contrasted with the deeply-rooted corruption on the part of the haves. The sad state of turn-of-the-century labor is placed front and center for the American public to see suggesting that something needed to be changed to get rid of American "wage slavery".1 The novel is also an important example of the "muckraking" tradition begun by journalists such as Jacob Riis. Sinclair wanted to persuade his readers that the mainstream American political parties offered little means for progressive change.

Upton Sinclair came to Chicago with the intent of writing this novel; he had been given a stipend by the socialist newspaper The Appeal to Reason. Upon his arrival in the lobby of the Chicago Transit House, a hotel near the stockyards, he was quoted as saying, "Hello! I'm Upton Sinclair, and I'm here to write the Uncle Tom's Cabin of the Labor Movement!" (Arthur, 43). He rented living quarters and immediately immersed himself in the city by walking its streets, talking to its people, and taking pictures. One Sunday afternoon, he fell in with a group of Lithuanian immigrants traveling from a wedding to the party that was to follow; he was welcomed to the festivities and spent the evening there dancing the night away - "Behold, there was the opening scene of my story, a gift from the gods."citation needed

....
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:19 AM
Response to Original message
3. Ready on day one?
Please.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:20 AM
Response to Original message
4. Somebody twist your arm for a donation?
You are awfully bent out of shape otherwise.
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:22 AM
Response to Reply #4
8. Oh I get it...
You're one of those "it's not affecting me personally so why should I give a shit" types. The Republican Party is full of those...
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:25 AM
Response to Reply #8
12. & what "type" puts up a rant about shit they have no connection with
Edited on Wed May-21-08 12:25 AM by The_Casual_Observer
and know nothing about?
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:26 AM
Response to Reply #12
14. The type who gives a shit about the working joes who don't get paid
Edited on Wed May-21-08 12:28 AM by msallied
by an elitist puke politician who thinks she can run this nation. She can't even run her campaign. What a joke. If you don't care, then you're welcome to keep on walking.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:27 AM
Response to Reply #14
16. Let's see the contract first, the rant second.
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:29 AM
Response to Reply #16
17. I'm looking at the receipts of money owed.
There is no reason in hell they can't pay on services that were invoiced in fucking February. Have you ever run a business?
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Wed May-21-08 12:30 AM
Response to Reply #17
18. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:35 AM
Response to Reply #18
20. I'd love to hear your explanation of such massive debt.
You clearly have no understand of what debt actually MEANS.
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:13 AM
Response to Reply #12
30. Obamatype
I give freely and happily to Clinton.
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:15 AM
Response to Reply #30
33. You insinuate we're a "type" while you happily throw your money in the fire.
I know what "type" that is.
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:21 AM
Response to Reply #33
35. I earned it and will continue to do what I want with it.
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:42 AM
Response to Reply #35
45. That's very true. And I can still laugh at you.
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:46 AM
Response to Reply #45
50. Or you can laugh with me - nicer.
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Catherina Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:24 AM
Response to Reply #30
38. Give more, please give more because whatever you gave, it wasn't enough n/t
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:23 AM
Response to Reply #4
11. I feel bad for her "working-class whites" that scrape by paycheck to paycheck
Why should they repay her debt when she has millions?
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:14 AM
Response to Reply #11
31. Sure you do.
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WillYourVoteBCounted Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:42 AM
Response to Reply #11
46. See the Obama Daily News, "McCainiacs for Clinton"
Matthew Yglesias took a look at the numbers.
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qijackie Donating Member (238 posts) Send PM | Profile | Ignore Wed May-21-08 12:21 AM
Response to Original message
6. I don't feel slapped. Just sent her some more!
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:22 AM
Response to Reply #6
10. Burrrrn baby burrrrn...
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Rene Donating Member (758 posts) Send PM | Profile | Ignore Wed May-21-08 12:25 AM
Response to Reply #6
13. I'm heading for her site to donate too
folks should see this video and start questioning bho about serious issues he has that are masked by the msm and kingmakers
http://www.eyeblast.tv/public/video.aspx?RsrcID=2036
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mcctatas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:27 AM
Response to Reply #13
15. BHO.....
Grow up! What is John McCains middle name? Or is it only relevant if it is ethnic sounding?

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tblue37 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:58 AM
Response to Reply #15
61. It's "Sidney," isn't it? "John Sidney McCain III."
Edited on Wed May-21-08 09:11 AM by tblue37
My, that does sound "elitist"!
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ekwhite Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:32 AM
Response to Reply #13
19. All I heard was the farking announcer repeating Senator Obama's name
Emphasizing Hussein - WTF was that? Are we supposed to be scared because he has a Muslim middle name? Buzz off!
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:58 AM
Response to Reply #13
26. Can you just send it to me instead?? At least I'll spend it on food and
I'll REALLY be grateful.
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casus belli Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:17 AM
Response to Reply #13
34. Why are you spreading this crap? Disgusting. n/t
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:21 AM
Response to Reply #13
36. How can you post that garbage on DU?
Shame on you :thumbsdown:
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murielm99 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:43 AM
Response to Reply #6
22. I don't feel slapped, either.
Obamites just love the purple prose.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:44 AM
Response to Reply #6
23. Money down the toilet
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:14 AM
Response to Reply #6
32. So did I.
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MonkeyFunk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 12:48 AM
Response to Original message
25. wrong
how do they have over $100 million? Do you have every dollar you ever earned?

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:09 AM
Response to Reply #25
29. Some of that capital is invested in assets that aren't liquid
But there's no doubt that they have enough liquid cash to cover their current campaign debt, but the refuse to use it. Hillary would prefer to loan her campaign cash so that her "working-class whites" can pay it back.

Hillary wants to remain rich at the expense of her supporters. Shameful :thumbsdown:

You should be outraged.
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MonkeyFunk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:22 AM
Response to Reply #29
37. how about a large portion of it was paid in taxes?
and they lived - very well - off that money for 8 years.

She doesn't have 100 million in the bank.

And she's not 30 million in debt.

People who don't understand a simple financial statement shouldn't talk about them.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:36 AM
Response to Reply #37
41. I never said she was $30 million in debt.
How do you want to measure her debt? It depends on the accounting gimmicks you want to use. I don't want to get into that game, but if you look at some of the numbers, her campaign is at least $20 million in debt.

Also, I never said she had $100 "in the bank." But there's no doubt the Clinton's net worth exceeds $20 million when you look at her tax returns that were released earlier this year. Just look at their income and assets

Let there be no doubt that she can repay her current campaign debt, but she continues to loan money to her campaign while she demands more money from her supporters.

If you look at her tax returns you will see she has access to more than $20 millions in liquid cash, yet she refuses to pay down her debts with the hope that her "working-class whites" will pay it back.
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goldcanyonaz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:29 AM
Response to Reply #29
39. Do you have any idea of what a AAA bond @ 6.5% pays on 100 million dollars?
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:40 AM
Response to Reply #39
43. How many years?
What kind of bond are we talking about here? 5-year? 10-year? I need the time to calculate the rate of return. Did you skip out on finance in college?
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goldcanyonaz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:44 AM
Response to Reply #43
48. There are no 5/10 year AAA bonds. Just an fyi.
30 years out with a call date w/in 15.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:16 AM
Response to Reply #48
52. It depends on whether or not the bond issuer choses to redeem the bond after 15 years...
Edited on Wed May-21-08 02:21 AM by Cali_Democrat
You want to throw in call dates? LOL!! I will need more information, but let's keep it simple.

BTW, There are 5-year AAA bonds or 10-year bonds, it all depends on the bond issuer and their terms. An AAA bond assumes no risk. So...

The bond issuer choses to redeem the bond. Principal=100 million. Years=15 @ an interest rate of 6.5%. That means the issuer has to pay the bond holder $100 million (principal) plus 8.125 million (interest). A total of 108,125,000.

This assumes payout before maturity and no fluctuating (variable) yields based on unknown future market data.

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goldcanyonaz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:23 AM
Response to Reply #52
54. a call date is NOT a guarantee and if you ever had a bond you would know that..
and there is no fucking AAA bond that will pay a 6.5 dividend in 5/10 years. do you even know what par is?
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:35 AM
Response to Reply #54
56. There are municipal bonds that pay out in 5 or 10 years depending on which bond is obtained
Edited on Wed May-21-08 03:31 AM by Cali_Democrat
Of course nothing is guaranteed with a call bond, it's up to the issuer if they choose to redeem the bond. I assumed you wanted the issuer to redeem the bond after 15 years.

If the AAA bond issuer wants to issue a bond at 6.5%, then they can. It's a private contract between the bond holder an issuer. You may be confusing this with T-Bills who's yields are floating and based on current market data.

OF course all bond yields are floating and this will only be realized when the bond holder sells the bond on the open market before maturity. IF the bond holder choses to hold on to the bond for 15 or 30 years and they don't sell it, then the initial interest rate (6.5%) will be realized.

Don't shoot the messenger. Jeez.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:57 AM
Response to Reply #54
60. BTW, dividends have to do with stocks
Edited on Wed May-21-08 03:14 AM by Cali_Democrat
You may be confusing dividends with bond yields.

BTW, a bond yield can fluctuate depending on market conditions. If the bond holder doesn't sell the bond, then the initial interest rate will be realized and current market bond yields are irrelevant.

If the bond holder choses to sell the bond before maturity, then they have to take into account the fluctuating bond yields in the open market.
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goldcanyonaz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:32 AM
Response to Reply #52
55. Hmm, where did you go? I must go to bed but gluck reading up on bonds.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:40 AM
Response to Reply #55
57. WOW
You really are a jerk. Why am I even talking to you? :eyes:
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goldcanyonaz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:06 AM
Response to Reply #43
51. i just caught your *Did you skip out on finance in college?*
what a fool you are to not know about bonds.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:17 AM
Response to Reply #51
53. You didn't provide me with the time variable
:rofl:
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qijackie Donating Member (238 posts) Send PM | Profile | Ignore Wed May-21-08 01:36 AM
Response to Reply #29
42. I'm not even faintly outraged nor do I believe you have the inside scoop on Clinton's "wants".
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BenDavid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:32 AM
Response to Original message
40. well hell whatever hrc is doing is alright with those blue collar
voters that obama seems not able to get to vote for him. hell, this is way late in a campaign for the so called presumptive nominee to be losing so damn bad in key states.....if bho cannot get the 35 to 40% of those blue collar voters in november then he will need at least 40 million AA to be located in many of those states, and I do not think there are 40 million.....
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Fredda Weinberg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:43 AM
Response to Original message
47. HRC has performed admirably in my state. We'll be happy to have
her as our governor, instead of the party hack we have now who gives state jobs for sex.
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qijackie Donating Member (238 posts) Send PM | Profile | Ignore Wed May-21-08 01:45 AM
Response to Reply #47
49. Nice to hear that sentiment. Thanks for posting it!
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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:50 AM
Response to Original message
58. Hillary blew through $250 Million dollars and is almost $30 Million in debt.
She raised $150 Million dollars by the end of last year.
Almost another $100 Million dollars this year, and is nearly $30 Million dollars in debt.

Folks, that $280 Million dollars and she couldn't beat the new guy!

Game over.
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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 02:52 AM
Response to Reply #58
59. Hillary lied about raising $10 Million dollars in 24 hours after Pennsylvania.
It turns out it was much less, closer to $2.5 Million dollars.

And people want her to be in the White House, why?
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