Legal Commentary

Hillary Loans Her Campaign $5 Million

By Big Tent Democrat

By Big Tent Democrat

This is bad news for the Clinton campaign:

Hillary spokesperson Howard Wolfson sends over the following:

Late last month Senator Clinton loaned her campaign $5 million.The loan illustrates Sen. Clinton’s commitment to this effort and to ensuring that our campaign has the resources it needs to compete and win across this nation. We have had one of our best fundraising efforts ever on the web today and our Super Tuesday victories will only help in bringing more support for her candidacy.

So it is clear that the Clinton campaign DOES have money troubles. This is the very bad news from yesterday. I must admit I am surprised. And yes, this does change my thinking somewhat about who won Super Tuesday. If Obama forced Clinton to these extremes, then it was more of a positive for Obama than I thought.

I could think of mitigating circumstances for this (i.e. no time for fundraising) but that does not really wash. If she can not get her fundraising groove back, this will be a decided advantage for Obama.

Full post as published by TalkLeft on February 06, 2008 (boomark / email).