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Hillary Ended April OVER $30 MILLION IN THE RED!

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WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 05:05 AM
Original message
Hillary Ended April OVER $30 MILLION IN THE RED!
First, here's the closing COH:

Cash on Hand at CLOSE of the Reporting Period 29,666,453.10


Not bad, but then there's debt:

Debts and Obligations Owed BY the Committee 19,480,893.26


Okay, she should still have about $10,000,000, right? WRONG!

19. Loans Received:
(a) Loans Received From or Guaranteed By Candidate 5,000,000.00 10,000,000.00 0.00
(b) Other Loans 0.00 0.00 0.00
(c) Total Loans (19(a) + (b)) 5,000,000.00 10,000,000.00 0.00


So at the end of April, she owed herself $10,000,000 and ends up owing more than she has(and remember, she loaned herself another $6,400,000 in May). But that's not all of the story...

Nearly every penny of what she has on hand in her report CAN ONLY BE USED IN THE GENERAL ELECTION!

That means she's more than $30 million in the hole at the end of April.

And that $10,000,000 in one day after Pennsylvania? A LIE!

Contributions By Date show the following for the period on and around the Pennsylvania primary...

April 20, 2008 58,556.17
April 21, 2008 133,441.71
April 22, 2008 226,294.60
April 23, 2008 1,738,154.61
April 24, 2008 2,578,730.28
April 25, 2008 787,048.99
April 26, 2008 314,722.71
April 27, 2008 126,573.57


No $10,000,000 figure in there at all.

All figures come from the FEC filing

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hokies4ever Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 05:14 AM
Response to Original message
1. Hillary bet against black in this primary season Vegas roulette
and she landed in the red alright. :rofl:
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 05:18 AM
Response to Original message
2. The whole 8 days don't total $10 million.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:51 AM
Response to Reply #2
8. Good point!
I can't wait till the pundits get to use this on the people Clinton send to try to become the next "Baghdad Bob"
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mnotme Donating Member (35 posts) Send PM | Profile | Ignore Wed May-21-08 05:19 AM
Response to Original message
3. I guess that is one way to solve a debt problem.
...not sure if its sad or funny. Or both.
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4themind Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:07 AM
Response to Original message
4. Can't she use the G.E money to pay of her debts after this is over?
If she doesn't get the nomination, the G.E. checks get sent back to their donors right? What would stop them from donating to say bill clinton, and then they pay off the debts that way, after this is all over.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:24 AM
Response to Reply #4
19. Why would people want their hard earned money being used to pay back debt?
They did not give to her to pay down debt. They paid for her to use it. It is Clinton who decided to add in tons of debt to that.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:17 AM
Response to Original message
5. I am glad that some of the BS coming from the people around clinton is getting picked apart.
30 million is an insane and out of control debt.
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:25 AM
Response to Original message
6. She sent me a letter begging for cash a couple days ago.
Sorry Hillary, but that dog don't hunt.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:43 AM
Response to Reply #6
7. Haha!! Indeed!
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SwampG8r Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:27 AM
Response to Reply #6
21. i got one too
i sent it back with a 50 peso mexican note
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Justitia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:56 AM
Response to Reply #6
25. Me too, w/a postage paid reply envelope. I used her dime to tell her she's a disgrace. -eom
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:56 AM
Response to Original message
9. So where are the people Claiming this is all a bunch of BS from Obama Supporters?
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WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:58 AM
Response to Reply #9
10. The LA Times handed them their ass
over in Slinkerwink's thread.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:03 AM
Response to Reply #10
13. I figured as much. Media does not sit on its ass on things like this.
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WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:05 AM
Response to Reply #13
16. IT explains why some Hillary Supporters believe she can win
They can't even do the math on a simple FEC filing report.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:20 AM
Response to Reply #16
18. You've got a point there!
Some still think it will matter if she takes this to the convention..
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 09:21 AM
Response to Reply #10
29. LMAO! NO, the LA Times issued a retraction.
My ass is still intact.
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QC Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 09:21 AM
Response to Reply #10
30. The Times has retracted that story. n/t
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Colobo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 07:58 AM
Response to Original message
11. A terrible situation.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:04 AM
Response to Reply #11
15. The only people I feel sorry for are the vendors that got screwed over by this.
They may get payment but it will be FAR too late.
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greguganus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 09:24 AM
Response to Reply #15
31. Hillary doesn't give a shit about the working class or she would pay her damn debts.
These vendors have payrolls and bills to pay. I wonder how many of them have had to borrow money or get rid of employees due to Queen Kong's non-payment.
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redstate_democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:01 AM
Response to Original message
12. She is so desperate. Obama should not use our money to pay off her debt
just because she wanted to do a Huckabee. Let the "hardworking, whites" work it out for her.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:03 AM
Response to Reply #12
14. Amen!!
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Bucky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:09 AM
Response to Original message
17. As a Democrat, I just want to soak up this moment when being underfunded is a bad thing.
Think about this in the big picture. Everyone is giving money to the Dems. Clinton is in debt cause she's spent a lot of money, but even our in debt candidate has raked in millions more than the top two Republican candidates combined.
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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:27 AM
Response to Original message
20. How the hell is she paying to stay in this losing contest.
I guess she just keeps going to her rich hubby for more.
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yourguide Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:28 AM
Response to Reply #20
23. That's the thing...she's NOT actually paying
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DadOf2LittleAngels Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 09:37 AM
Response to Reply #20
32. That's as good as money, sir. Those are I.O.U.'s.
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davidpdx Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:28 AM
Response to Original message
22. Clearly the Clinton campaign has lied about both
the amount of debt and the amount they raised after PA. You would think that this alone should be enough of a message to Clinton supporters to prove she can't be trusted.
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Zachstar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:53 AM
Response to Reply #22
24. The bigger part is to the supers.
Edited on Wed May-21-08 08:53 AM by Zachstar
They may have thought that they could cut a deal to declare for Obama if he goes with HRC as VP. But now HRC with these "issues" is nothing more than talking points for the republicans.
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 08:56 AM
Response to Original message
26. How do we know how much money is allocated for the general election?
I've always wondered that.
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DefenseLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 09:05 AM
Response to Original message
27. That's a lot of little kid's bikes
Time to hit the playgrounds and stir up some cash.
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REACTIVATED IN CT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 09:18 AM
Response to Original message
28. The good news about the debt
Based on a quick comparison of April and May reports, it appears to be new debt. Many of the small vendors have been paid. I looked at the colleges, municipalities, school systems, etc that were on last month's report and they are at zero on May
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 10:07 AM
Response to Original message
33. No problem, there are plenty of rubes who will continue to
sell their tricycles and send her the proceeds. Greatest scam in political history.
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helderheid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 10:08 AM
Response to Original message
34. Can't you round up the April 23rd amount to 10 million? n/t
:P
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