Drudge Retort: Red Meat for Yellow Dogs
Wednesday, February 06, 2008

Senator Hillary Clinton confirmed at a press conference in Virginia this afternoon that she'd loaned her campaign $5 million, and said, "The results last night proved the wisdom of my investment."

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This should get her some support. I did hear Tim Russert say last night that 2/3 of her donors had reached their max while Obama keeps on attracting more people and more cash.

This is the best news I could have thought of. She is now loaning herself money to maintain appearances. Beautiful. Working for Romney, right? ...wait.

Wait, does the $10-13 mil she reported for Jan. include this amount? If yes, she is really hurting.

a reported payout to Bill Clinton of $20 million from the Los Angeles billionaire manager Ron Burkle.

So essentially one donor could potentially be paying for her campaign in a round about way. How convenient.

The $5 million was in addition to that amount, Wolfson said.


Answered my own question.

"Clinton Loaned Campaign $5 Million"

This headline is wrong.

A more appropriate headline would be:

"Clintons Loaned Their Campaign $5 Million"

She's just a woman of the people, not another rich, white person of privilege who has spent decades in politics and is up to her eyeballs in back-room deals and shady connections. Change indeed.

How many speeches is Bubba gonna have to make to get bac their $5M?

"She's just a woman of the people, not another rich, white person of"


She feels our pain!

I find it odd that the same people who cry about there being "too much money in politics" are cheering with glee when a candidate is forced to loan money to their own campaign to remain competitive.

Joe,

In this case, if there were no caps on big donors, the Clintons would be doing just fine. Barack is raising money with new donors. Normal people. Under the current system, how could any proponent of campaign finance reform not love watching those traditional, old guard big donor teats dry up.

THIS IS WHAT I LIKE ABOUT DEMS. PRETENDING THAT THEY CARE FOR THE LITTLE PEOPLE...THEY DO NOT ACCUMULATE WEALTH THEY DO NOT WORK FOR PROFITS.

NANCY PELOSI IS THE RICHEST WOMAN IN CONGRESS

BARBARA BOXER' HUSBAND WAS AWARDED BILLIONS OF MILITARY EQUIPMENT DEALS
JOHN KERRY IS A BILLIONARE
BILL CLINTON AND HILLARY MADE A LOT OF MONEY FROM OIL COMPANIES AND THIS HAS BEEN DOCCUMENTED

CONSERVATIVES ARE THE SAME WAY..AT LEAST THEY DO NOT SIT AND LIE THAT THEY ARE NOT RICH

DEMS HAVE MADE IT A SIN TO BE RICH...
I AM AN INDEPENDENT WHO IS TIRED OF THE SAME SONGS FROM BOTH SIDES

PLEASE NOTE IT IS OKAY TO BE RICH....DRUG COMPANIES OWN THE CLINTON AND THEIR MAFIAS'

WORK HARD FREINDS.YOU WILL NEVER FIND A CLEAN LEADER OR SOMEONE TO MAKE YOU RICH.

AS A BLACKMAN I WAS TIRED OF BEING TOLD HOPE IS ON THE WAY. NOW THAT I HAVE ACCOMPLISHED A LOT I HATE POLITICS..INSTEAD OF SITTING BY YOUR TV AND WATCH POLLS READ A BOOK AND THINK HARD...YOU WILL BERICH BY YOURSELF

HEY CMSA1R, CAN YOU PLEASE PRIVDE A LINK WHERE HILLARY (OR KERRY, OR PELOSI, OR BOXER) DENIES BEING WEALTHY? IF YOU CAN, I WILL STOP YELLING AT YOU.

Damn, women love to spend money.

This isn't a good sign. She's behind in delegates and is having trouble raising cash. America loves winners. This proves she isn't.

Time for a reality check...


www.whitehouseforsale.org

YOU WILL BERICH BY YOURSELF

WHAT THE FUCK DOES THIS MEAN?

Good one, El Corko.

She's raised $104,571,988 and now has to dip into her own pocket. If she gets a hold of the Fed, we're doomed.

Be Swelled


Damn, women love to spend money.

This isn't a good sign. She's behind in delegates and is having trouble raising cash. America loves winners. This proves she isn't.

Posted by LeeAtwater


You're right. What a loser. All of the other candidates didn't spend any money at all to get where they are in the race.

So essentially one donor could potentially be paying for her campaign in a round about way.

The Clintons are sociopathic. They'll claim serendipity and the Senator will play Mary Poppins for a week or two. The good news is they must be tapping out to take the risk.

Bubba cut his teeth on Lyndon Johnson's boots. Got that old time politicking down pat. Quid pro quo to get the dough to buy some votes where they count.

It's ward healer politics and that's still a popular force among the ignorant who beg the crumbs of those who steal their bread.

And naturally these crumb bums vote Clinton.

Birds of a feather...

So, wait a sec. There are caps. But, Bill... totally not on the campaign's payroll Bill... could go give a five minute "speech" at a big donor's kid's kindergarten for $2 million and then it's their money to loan to the campaign indefinitely?

Brilliant.

Just like the possibility of seating FL and MI delegates when the DNC asked them to pull their names from MI? (Remind me *not* to be in Detroit when they pull that crap.)

Brilliant.

Crashing end of the party, losses not only to McCain but also the House. Brilliant.

I'm drowning in politics.

I'm going to take a break for awhile and read a good book.

There Is No Damn Crime On Being Rich !!!

The Issue Is Not Giving a Shit About The Poor !!!

Roosevelt Was Rich As Hell One Of The Richest Men And Families In America, But Died Doing All He Could For The Poor !!

Why Can't Fascist Understand This ?

Oh Because They Are Fascist Never Mind.

Case Closed !

-Sarge

"Good one, El Corko.

She's raised $104,571,988 and now has to dip into her own pocket."


She blew through $104.5M? What is she a fucking coke addict? That can't all be girdles and practical shoes.

Is NY a community property state? I wonder how that works. Is a spouse considered a "donor" or is everyting in the marital regime fair game under the campaign finance laws?

NY is not a community property state. And commingling personal money with campaign money is definitely illegal. I'm fairly confident he could donate to her campaign, but that's subject to the same rules as everyone else. When she took her/their joint money, she'd have to declare it as such.

That is to say, I think she has total access to joint personal after-tax money.

I just find it sad that $100,000,000 is apparently not enough money to run a campaign. How do we expect any normal person ever to run this country with that as a barrier?

"Just like the possibility of seating FL and MI delegates when the DNC asked them to pull their names from MI? (Remind me *not* to be in Detroit when they pull that crap.)"

Good point, LAWNCHAIR. I had not considered the potential added entertainment of a good old fashioned race war in Detroit this summer if the Dems load in delegates from MI to bolster Clinton at the Denver convention. I'll have to have the popcorn ready.

I just find it sad that $100,000,000 is apparently not enough money to run a campaign.

Well now that money = free speech, the amounts we see spent on campaigns is only going to skyrocket.

I was watching a Romney ad the other day and it referred to McCain as "anti free speech" because of his campaign finance law. What a cheap shot.

"I just find it sad that $100,000,000 is apparently not enough money to run a campaign. How do we expect any normal person ever to run this country with that as a barrier?"

We can't. That's why we need full public financing of campaigns, so some fatcat like Jon Corzine, Steve Forbes, Mike Bloomberg, etc., can't just buy public office.

"I was watching a Romney ad the other day and it referred to McCain as "anti free speech" because of his campaign finance law. What a cheap shot."

Were you unaware that a portion of McCain's campaign finance reform law was indeed held to be unconstitutional? I don't think that's a cheap shot at all.

Were you unaware that a portion of McCain's campaign finance reform law was indeed held to be unconstitutional? I don't think that's a cheap shot at all.

Yes, Joe I am aware of the ruling, but at the time the law was enacted did anyone know it was a violation of free speech?

Taxman, campaign finance reform has always been a first amendment debate. Legal scholars debated it for years before McCain-Feingold.

"at the time the law was enacted did anyone know it was a violation of free speech?"

Give me a break. If you enact legislation that is later held to be unconstitutional, you obviously don't understand the right to free speech. It's fair game for Romney to bring up the fact that the SC thought McCain's law was unconstitutional.

"If you enact legislation that is later held to be unconstitutional, you obviously don't understand the right to free speech"

Nonsense. It wasn't at all clear that any part of that bill would later be struck down. McCain isn't Miss Cleo.

Romney's ad makes it appear as though McCain is out to restrict free speech when his true intention was to reign in on campaign finance.

did anyone know it was a violation of free speech?

They vote on laws they don't read. Staff attorneys write those bills. The Members only parade around spouting off about reform when most of time they know not what they do. They just recite the talking points.

BTW, I can't wait to see Barry Obama in person tomorrow.

"Nonsense. It wasn't at all clear that any part of that bill would later be struck down. McCain isn't Miss Cleo."

So what? My point stands. Just because you might not know that your law will be struck down doesn't change the fact that you tried to impose an unconstitutional law onto society.

And the fact also remains that McCain knew the law was under constitutional attack, and he filed an amicus brief with the Supreme Court arguing the Constitutionality of the law. The Court determined that he was wrong. He was wrong on the Constitution. That is fair game to bring up in an election ad.

"Romney's ad makes it appear as though McCain is out to restrict free speech when his true intention was to reign in on campaign finance."

Well, like it or not, America and the SC reject the "you can't make an omelet without breaking a few eggs" approach to free speech.

They vote on laws they don't read. Staff attorneys write those bills. The Members only parade around spouting off about reform when most of time they know not what they do. They just recite the talking points.

Posted by OzarkAggie at 2008-02-06 06:18 PM


Absolutely correct--and how many incumbants will you vote for in November?

"Normal people."

ROFL....Kevin, you are a putz. Obama is the elitist candidate, haven't you heard? Chardonnay V. beer.....

I think she owes it to Obama and the US voters to finally release her white house records. If she's running on experience, can't we see what her record was???

"I just find it sad that $100,000,000 is apparently not enough money to run a campaign. How do we expect any normal person ever to run this country with that as a barrier?"

Agreed, Joe. The idea of the "citizen congress" is long dead. Basically there are 4 or 5 small corporations running for office right now. It's "Rollerball".

how doez the LOAN get paid back?

::scratches head::

i'm sure there's an earmark in there somewhere...

Joe, one part of you is appalled at the amount spent in campaigns today, and another part of you is fine with the notion that money is akin to free speech in the political sense - do you have a solution to your problem in mind other than the restriction of free speech?

FaronYoung- Nice try dicknoise. The facts are the facts. Individual donors are going more to Obama.

I do not agree that the notion of money is akin to free speech. Tying money to being free speech is just the rich getting contol of the politicians without the pauper stopping such contributions.

BTW, I can't wait to see Barry Obama in person tomorrow.

Posted by taxman at 2008-02-06 06:21 PM | Reply | Flag

Taxman, I've meet him and his wife twice and his kids once (they were taking care of my 3 y.o. daughter). He's the real deal.

how doez the LOAN get paid back?

principle with interest.

40% interest.

Time for a third party candidate to emerge --

Before it's too late --

LOU DOBBS FOR PRESIDENT 2008!

I just hope the $5m loan means her campaign is hurting. That's all. I'll be happy with that.

YOU WILL BERICH BY YOURSELF

WHAT THE FUCK DOES THIS MEAN?

Posted by LeeAtwater at 2008-02-06 05:37 PM


What ever you want it to mean. That's how things work nowadays.

Just heard now on Lou Dobbs' show that Hillary has already spent $200 MILLION on her campaign.

Status: Hillary has won more delegates and Obama has won more states.

Mas dinero needed for Camp Clinton.

They vote on laws they don't read. Staff attorneys write those bills. The Members only parade around spouting off about reform when most of time they know not what they do. They just recite the talking points.

Posted by OzarkAggie at 2008-02-06 06:18 PM |


And smile for the camera.

All the worlds a stage n all.

"one part of you is appalled at the amount spent in campaigns today, and another part of you is fine with the notion that money is akin to free speech in the political sense"

I'm appalled at the size of contributions, particularly those from large corporations, that go directly to campaigns. That has little to do with McCain passing a law that makes it illegal for anyone, big or small, to run an issue ad naming a candidate within a certain amount of time before a campaign.

Eb - 40% a month would be more like.

PS) I believe Romney has simply used his own money for his campaign. Why is this a loan? Is she not committed enough to her "cause" to simply use her own money as opposed to "loan" it to the campaign?

PPS) Contrast that to someone who only paid off his student loans a little while back who is kicking her ass in the vote and the fundraising. Says alot.

I have voted Republican in every election since I began voting (1976). I have never contributed money to a political candidate.

Today, I made a $200 donation to Barak Obama's campaign. I don't agree with everything that he says (in fact, I disagree with a good deal of it), but I think that we have to somehow break the gridlock that these two political parties and their cronies have imposed on us. He might be our only hope of doing that.

Is she not committed enough to her "cause" to simply use her own money as opposed to "loan" it to the campaign?

This is not about the Presidency, this is about money.

Hillary is no different then Bush, it is all about the money. Elect her and you will find nothing will change and that big sucking sound will just increase with new ways of trying to hide the facts and those who find out will end up mysteriously dead,

Money - you are right, 5 million is nothing compared to the 30 million book advance she will get after her first term in office. Good "investment" indeed.

I hope she goes bankrupt and loses the nomination

Just donated to obama again!


He has raised over 5 million today alone. donate a dollar if you can. We as Americans need a great leader and not a messenger of hate!

"We are very frustrated because we have a Supreme Court that seems determined to say that the wealthier have more right to free speech than the rest of us. For example, they say you couldn't stop me from spending all the money I've saved over the last five years on Hillary's campaign if I wanted to, even though it would clearly violate the spirit of campaign finance reform,"

- Bill Clinton, December 24, 2007.

Doesn't surprise me that a moron like Bill Clinton would blame the Supreme Court for a problem that the legislature has failed to address.

"There is wondrous irony to be found in both the genesis and the consequences of BCRA. In the fact that the institutions it was designed to muzzle--unions and nearly all manner of corporations--for all the "corrosive and distorting effects" of their "immense aggregations of wealth," were utterly impotent to prevent the passage of this legislation that forbids them to criticize candidates (including incumbents). In the fact that the effect of BCRA has been to concentrate more political power in the hands of the country's wealthiest individuals and their so-called 527 organizations, unregulated by 203. (In the 2004 election cycle, a mere 24 individuals contributed an astounding total of $142 million to 527s. S. Weissman & R. Hassan, BCRA and the 527 Groups, in The Election After Reform 79, 92--96 (M. Malbin ed. 2006).) And in the fact that while these wealthy individuals dominate political discourse, it is this small, grass-roots organization of Wisconsin Right to Life that is muzzled."
www.law.cornell.edu

Joe, I used the quote for the last part which flies directly against what the Clintons are doing.

P.S. the above was my firts post via blackberry - this being my second.

God I am such a nerd and I can't help myself.

Waiting for Barry Obama to come out and address the crowd. It is packed and LOUD here.

"For example, they say you couldn't stop me from spending all the money I've saved over the last five years on Hillary's campaign if I wanted to, even though it would clearly violate the spirit of campaign finance reform,"
- Bill Clinton, December 24, 2007

Thanks for the quote, Taxman, it's absolutely priceless. But of course the Clintons aren't going to spend their own money; they'll loan it to themselves as get people like Marc Rich's former wife to pay them back (no special treatment offered, of course).

How'd the Obama rally go?

Update - Obama campaign has now raised over $7.5 million since Tuesday.

Wonder what the interest rate is on that Clinton loan?

Wonder what the interest rate is on that Clinton loan?

Posted by SanAntonioRogue

What does it matter? 5 minutes of trading pork belly futures and she'll more than make up for it.

Hillary is no different then Bush, it is all about the money. Elect her and you will find nothing will change and that big sucking sound will just increase with new ways of trying to hide the facts and those who find out will end up mysteriously dead,


Posted by moneywar at 2008-02-06 08:20 PM


Couldn't agree more.

The Clintons tout experience and management and hqave managed to run out of cash after raising 100mm dollars. They raised there money through Terry McAuliiffe's conneceted and wealthy amd now max out donors. Now they are desperatly trying to develop grass roots. So much for experience.

Obama through his leadership and judgement had the forsight to develop a grass roots suppourt. Instead of courting contributors, he courted voters.

This campaign shows that regular folks can get involed and invest in changing the party, and eventually America. The ability of the regular americans to influence politics and take back our country is real and powerful. The Obama campaign has empowered voters to take a role and invest themselves as well as their money.

Clinton is managing a campaign, Obama is leading a movement.

New report out that the Hillary people owe rent on a building in New Hampshire--they just bugged out without paying a week's rent. Didn't even bother cleaning up after themselves.

That follows other reports of many of her staffers not getting paid. Obviously, she hopes to hang in until she wins the nomination, then pay some of these people back--and herself--with the federal matching funds.

Her campaign is in serious trouble, though. Good for Obama, bad for McCain. Time will tell if that's good or bad for the country.

I'm always amused when stories like this bring out the bays of "we need public financing of campaigns!!"

LMAO. Uh huh. And how many people would be tossing their hats into the ring THEN? Would Romney still be in it? Would Giuliani? Heck, even I might run in such an instance. Why not? Take some time off, give some speeches, see the country? Why should Hillary's mismanagement of her own campaign's funds mean higher taxes for me, so that next time she just has a big book full of blank checks?

Damn, women love to spend money.


Posted by LeeAtwater at 2008-02-06 05:36 PM | Reply | Flag

Women in their hearts think that men are intended to earn money so that they may spend it, if possible during their husband's lifetime, but at any rate after his death.

Damn, women love to spend money.




George W Bush must be the biggest woman on the plant.

"George W Bush must be the biggest woman on the plant."

Posted by stuart46

I don't know about the plant.
i179.photobucket.com

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