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Could THIS Be Why Clinton Cannot Concede? (It's About The Money.)

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writes3000 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:18 AM
Original message
Could THIS Be Why Clinton Cannot Concede? (It's About The Money.)
Clearly Hillary's campaign is deep, deep in debt. She's also given her campaign over $10 million.

If she stops right now, what happens. She stays in debt.

If she makes it past June 3rd, does that mean she's made into the General Election?

And if she makes it to the GE, doesn't that mean she has access to the money in her GE fund?

Ca-ching!
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Divine Discontent Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:23 AM
Response to Original message
1. I don't think the laws set up
regarding the funding apply to someone that is behind in delegates, but maybe they didn't think ahead to this situation, so you may be right.

I am concerned it's something more sinister that keeps her about...
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tritsofme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:23 AM
Response to Original message
2. GE does not begin until the candidate is officially nominated
nt
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funflower Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:23 AM
Response to Original message
3. I wondered whether she wants a big war chest for some other purpose,
such as to give to other dems in an effort to become Senate Prez. :shrug:
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:24 AM
Response to Original message
4. If you're right, wouldnt it be smarter to suspend her campaign?
From what I understand a suspension is a technicality that keeps the books open so she could still do fundraising, but at least she wouldnt continue adding debt by actively campaigning.
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writes3000 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:33 AM
Response to Reply #4
9. It all depends on the rules - the campaign finance laws.
But that GE fund is probably holding alot of money.

There is a reason why every Dem party leader keeps pointing to the week after June 3rd.
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Life Long Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:25 AM
Response to Original message
5. No ca-ching!
More like Obama Ca-Chinggggg!!!!
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MonkeyFunk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:25 AM
Response to Original message
6. You didn't really believe
that other thread that says she's 30 million in debt, did you?

It was started by an ignoramus who can't read a financial statement.
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marlakay Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:27 AM
Response to Original message
7. but if she keeps running she keeps spending to
so how does staying in help?
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writes3000 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:30 AM
Response to Reply #7
8. She needs access to that GE fund.
So if she spends 5 million but she'll get 25 million, that's a good investment.
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goldcanyonaz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 01:34 AM
Response to Original message
10. Do you have any idea of what a AAA bond @ 6.5% pays on 100 million dollars?
*gasp*
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