Thursday, February 7, 2008

Hillary's Got Some Moola



Running low on finances? Your opponent has more than double your funding levels? What should you do? Break the piggy bank, of course! Especially if said piggy is heavy-laden.


Senator Hillary Clinton recently used $5 Million of her own money to fund her campaign. According to the NY Post, Hillary loaned this significant amount of money from her personal bank account. The Post suggests that Clinton's use of her own money came on the heels of a lackluster January fundraising period, wherein the Clinton camp raised $13.5 Million to Obama's $32 Million. Call in the Calvary!


News of Clinton's self-financing surprised many and is seen as an indicator of possible resource problems. Also, given that Hillary can pull out $5 Million in a crunch, she may be hard pressed to get others to cough up more dollars - some big moola may still be inside the piggy bank. If not hers, then Bill's, who - according to The Wall Street Journal - is expected to receive $20 Million when he exits a financial deal with Ron Burkle.


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