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Clinton Money Troubles
Posted by Dave Email on 02/06/08 at 03:21:49 pm
Categories: Barack Obama, Campaign 2008

Let me preface this by saying that I hate the campaigns are often decided by who can raise the most money. It is an awful way for elected officials to be chosen.

With that said...

This is huge news, and shows the impact that Obama had on Super Tuesday even if he didn't win as many delegates as we all hoped.

Hillary Loaned Her Campaign $5 Million, Spokesperson Confirms:

Late last month Senator Clinton loaned her campaign $5 million.
...
The revelation suggests another emerging dynamic in the race: Now that the campaigns are committed to grinding it out for weeks and weeks, perhaps all the way until the convention. The Hillary camp faces the prospect of being dramatically outspent by the Obama campaign, which has enjoyed huge fundraising success.

This is just one more piece of momentum towards Obama. A couple of weeks ago it looked like Hillary Clinton was going to dominate Super Tuesday. The Obama momentum changed things, and forced the Clinton campaign to spend significant chunks of money to fend off the momentum.


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