Clintons shakedown Obama to repay their campaign debt
Is Bill Clinton withholding his endorsement and sulking until Barack Obama repays Hillary Clinton’s campaign Debt?
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Though Hillary Rodham Clinton racked up more than $30 million in Debt during her Democratic primary campaign, she could emerge from her loss with a bundle of campaign cash to either play kingmaker or mount another campaign of her own.
At her disposal are a handful of accounting maneuvers — some never before tried in presidential politics — that would render her political debt practically insignificant, while at the same time freeing up $24 million in currently off-limits cash, according to interviews with her lawyer and outside campaign finance experts.
Enhancing her flexibility is that all but $1 million of her $9.5 million in unpaid bills at the end of April was owed to allies and political firms unlikely to cause her legal or political headaches by demanding prompt payment.
In fact, their umed — but unspoken — cooperation is a key part of the New York senator’s most likely path to robust campaign finances.
That financial path would go something like this: Reclassify as a contribution most of the $11.4 million or more she loaned her campaign, which would be a personal financial hit because she wouldn’t be able to recoup much of it. Ask her donors to redirect $23.7 million they gave for her presidential general election campaign to her Senate campaign committee.
Meanwhile, try to raise some fast cash — possibly with istance from her vanquisher, presumptive Democratic nominee Barack Obama — to pay off vendors who might sue her presidential campaign, leaving “friendly” debt to be paid down gradually as she raises money from her Senate perch.
A riskier route would be to ask her general election donors to redirect — or “redesignate,” in campaign finance parlance — their general election contributions to Obama’s presidential campaign as part of a deal under which the Illinois senator would ask his donors to give to Clinton to help her pay down her debt.
The most aggressive approach would be to redesignate the general election contributions to her Senate committee, transfer her debt to the same account, and then use the general election contributions to pay off the debt.
There’s a budding debate in the campaign finance bar about the legality of such of a maneuver. Some contend it would amount to illegally “laundering” general election contributions to pay off primary election bills. But others ert a 30-year-old Federal Election Commission decision regarding “surplus” campaign cash allows flexibility in the brave new world of privately financed presidential campaigns.
http://www.politico.com/News/stories/0608/11020.html
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Sounds like you are …
Sounds like you are very familiarized with the expression GD Are you releted to the
Barack Obama’s uncle Rev. Jeremiah?
Or his is just like a uncle to you?
Sounds like you are …
Sounds like you are very familiarized with the expression GD Are you releted to the
Barack Obama’s uncle Rev. Jeremiah?
The clintons are a …
The clintons are a legacy, they are loved on US and around the world. Bill Clinton has his own history. and just a bunch crapp shows up to call him a racist.
that is something that can’t be fixed
the best payment …
the best payment that the clinton’s and supporters can get
is to see Barack H Obama loosing that election.
ohhh I almost fogort, that will be a very nice payment to the traitor Bill richardson too.
For long the …
For long the clintons still alive, no one on the democrat party will lay hands on US presidency without their full and unconditional support
You got that??
See you guys i november
Ohhh please say hi to All Gore
kkkkkkkkkkkkkkk
The DNC just …
The DNC just realized that the Barack Obama campaign is a Boat Capized and is considering
another opction for this election.
that is trh rumors is going around,
does anybody has any specific information about that?
oohh yehhhhh
I …
oohh yehhhhh
I could n’t agree more
hell who need s Clintons anyway
We can elect Obama without the clintons
all we got to do is
vote twice like the caucases
f the clinton’s
Im a barak donor i …
Im a barak donor i ll never give clinton a dime. She shd ve dropped out when she ran out of money but instead she was bent on stealing the election at any cost. She even went as far as saying that Mccain wd be a better candidate than obama. What a ridiculous sore loser she is.
WOW I use to …
WOW I use to respect the Clinton’s but when you take a 12yrs old money that he sold his games and bike. that tell you a lot about the person or persons. and I am 10yrs old and I know that.
the clintons have …
the clintons have to pay their own debt…like every other humanbeing on this planet. SINCE WHEN SOMEONE ELSE HAS TO PAY YOUR DEBT CLINTONS ARE PETHETIC
God it, why …
God it, why can’t Hilldawg just fake her death and just get out of the picture, she’s ing annoying.