Financial Trouble….

More political content: turn away if apathetic, apolitical, naive, or like to lecture about being “swayed” but still don’t participate:

Couple of news items:

Clinton has had to put $5 million of her own money into her campaign, and top-level staffers are volunteering to go without pay.

Meanwhile, Obama has raised 7.2 million dollars from donors since Tuesday.

Naturally, Clinton is now demanding weekly debates with Obama for the rest of the campaign. Why? Because that gives her massive television exposure that she doesn’t have to pay for. It’s a risky proposition — if Obama says no (not wanting to give her any advantage), he risks looking like he’s “dodging.” But, on the other hand, if he says yes, and debates her, she runs the risk of exposing even more people to his message and his far-superior ability to influence through speech.

The upshot of this all, of course, is that it’s gotten so bad for Clinton that she’s having to bankroll herself. Hopefully, it will work as well for her as it has for Mitt Romney.

6 Replies to “Financial Trouble….”

  1. She even agreed to debate on Fox. :-0

    The money thing is interesting because, over the life of the campaign, their numbers are fairly close. As Clinton’s faceman Terry McCauliffe (sp?) noted, she won fundraising for quarters 3 and 4. But Obama has just decimated Clinton in the past couple of months.

    I saw another interesting bit on fundraising. I can’t find the link now, but Clinton had an inordinate percentage of “max” donors, i.e., donors who contributed the maximum $2300. Whereas Obama’s warchest has been built on an extremely high number of small donors, i.e., $200 or less. Simple math tells us that Obama has had many, many, many more contributors as a raw number than Clinton. That’s telling.

  2. Exposure, and also that she’s a good debater, and has pretty consistently shown poll upticks after debates.

    As said, one of Clinton’s biggest problems right now is that so many more of her donors are maxed out than Obama’s. She’s having to go out and find new donors now, which is difficult/expensive under the best of conditions, and especially now when she doesn’t “have the momentum”. (A phrase which seems like it should be practically meaningless in politics, but there it is.)

  3. Hopefully, it will work as well for her as it has for Mitt Romney.

    Out of curiosity, had you already heard about him dropping out when you made this comment?

  4. I’d heard rumblings that it was coming, but the actual news? I didn’t know about it until you posted your comment, actually.

  5. I have to say, I’m actually not happy about it. The notion of the religious right having one person to support–especially when it’s Huckabee–makes me nervous.

    It’s probably too late to unseat McCain, but I have a horrible vision of a McCain/Huckabee ticket…

  6. This invites (not begs!) the question, how deep are her pockets and how did they get that way, when eight years ago the Clintons were accepting donations to defray costs of their legal defenses?

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