< Back to Front Page Text size +

AP: Clinton loaned herself $6.4m

Posted by Scott Helman, Political Reporter May 7, 2008 09:43 AM

INDIANAPOLIS -- The Associated Press has confirmed this morning what many have been wondering in recent days: that Hillary Clinton, short on cash, long on debts, and facing a steep climb to the Democratic nomination, loaned herself another $6.4 million over the past month.

That brings to $11.4 million the amount of personal funds Clinton has put toward her campaign to date, though aides said donors had subsequently chipped in to cover the $5 million loan she made herself earlier this year. Barack Obama's fund-raising advantage left Clinton with little choice but to give herself money. The $6.4 million is likely to have helped her fund a rush of TV ads in Indiana and North Carolina in the closing days before yesterday's primaries.

Clinton made another explicit pitch for money in her speech last night, though it's unclear, given her underwhelming result last night, whether supporters will be eager to pony up once again. She has added a campaign stop in West Virginia today, but look for much of the media focus to be on Clinton's difficult days ahead and on growing calls for her to consider pulling the plug.

UPDATE: Clinton's communications director, Howard Wolfson, just said on MSNBC that the New York senator is "invested" in this race and may give even more down the road if the campaign needs the cash. "She certainly doesn't rule it out," Wolfson said.

UPDATE: On a conference call with reporters this morning, Wolfson detailed the $6.4 million in loans, saying Clinton gave her campaign $5 million on April 11, $1 million on May 1, and $425,000 on Monday, just before voters were going to the polls. But Wolfson expressed optimism that Clinton's donors will step up again. "I think our supporters are impressed with Senator Clinton's dedication," he said. "They're impressed with her willingness to continue this contest in the face of so many voices telling her that she should get out. They've heard those voices before. They've rejected those voices before."

13 comments so far...
  1. Is this Hillary's plan to get back at Bill, by finally spending all his money?

    Good for her!

    I mean, she can't win.

    Posted by LM May 7, 08 09:53 AM
  1. The word is "lends" - Hillary LENDS her campaign money; she LENT the money. Her campaign received a LOAN from her personal funds.

    Jeesh! If so - called "journalists" don't know how to use the English language, how can we expect school children to speak and write correctly?

    Posted by Rev. James Clark May 7, 08 10:01 AM
  1. Time to move on Hillary and do what's best for this country and the democratic party. If you really want the Dem's in the White House next January, you have to leave now and help Obama and Dean rebuild this party. Your continued presence is only justification that Obama is correct in his assumption that you really are a "Washington Insider" and your own personal ambitions are more important to you than the needs of the people and this country.

    Posted by Shane May 7, 08 10:08 AM
  1. Hillary would rather see McCain president than Obama. That's the only conclusion I can come to. She knows she can run one more time if McCain wins, not so if Obama wins.

    Posted by Barry Brodsky May 7, 08 11:02 AM
  1. The Reverend Clark unfortunately seems to have trouble with the English language. He cannot properly use en dashes or hyphens or spacing. As a copyeditor, I felt someone ought to point this out to him. To put it in religious terms, Mr. Clark, "Don't criticize those who sin differently than you."

    As far as Senator Clinton goes, I don't want a President who makes such poor decisions in how to spend her money!

    Posted by Jonathan May 7, 08 11:10 AM
  1. Rev. James you have my sympathy. Unfortunately, you are the "still small voice crying in the wilderness." Scott Helman's usage is becoming so common now that Oxford will undoubetedly legitimize it soon. As they did another misused word, "Flight 18 is arriving now and passengers may be met momentarily at gate 4."

    Posted by Bill H May 7, 08 11:23 AM
  1. Get a life Rev. Loaned is a perfectly acceptable usage in the current lexicon.

    In any case, that isn't the point. She's toast and needs to drop out of the race. She fought the good fight, but it's over. All she can do now - if she continues this folly - is cost the democrats the presidency.

    I'm not a Hillary-hater, as many are, but it's time for her to accept reality. Even with the money she's LENT her campaign, it is deeply, deeply, in debt. She simply cannot win the nomination under any realistic calculation. Please, Hillary, drop out.


    Posted by Bertrand Jones May 7, 08 11:42 AM
  1. I believe according to most (all?) modern usage guides LOAN is perfectly acceptable as a verb in the literal sense of loaning money, thus making LOANED an appropriate form as well.

    LEND, of course, would also work.

    Posted by jdr May 7, 08 11:44 AM
  1. Come on Hillary - I want you to win!!!! Keep pushing - you can do it!!! Don't give up!! I'm in full support of her I don't want to see an Obama nor a McCain in our Presidential Office!

    Posted by Jeff from Sutton May 7, 08 11:56 AM
  1. No, HRC does not have another shot at the presidency if McCain wins. She has earned full credit for assisting the Republicans in their presidential campaign and, consequently, would have to overcome a mountain of Democratic dead bodies before she could get the nomination. She needs to take her kitchen sink home, dump Bill in Little Rock, and get to work on more earmarks for New York. She has had her opportunity and she failed to close on the deal.

    Posted by Temple Houston May 7, 08 12:30 PM
  1. Well, Jeff, I'm sorry, but you will see an Obama or a McCain in our Presidential Office.

    Posted by Erick Robertson May 7, 08 01:02 PM
  1. Type your comment here...Hil feels she is entitled to be president. Just like Nixon she will do or say anything to win. Does anyone think Bill has brought class or dignity to the campaign?

    Posted by jim May 7, 08 01:53 PM
  1. I wonder if Wolfson and other Clintonites have read "the emperor's new clothes ?
    They continue to compound an already difficult situation for Hillary out of a misguided sense of loyalty. Loyalty means telling the truth...no matter what !

    Posted by Concerned in Kansas May 8, 08 12:30 AM
add your comment
Required
Required (will not be published)

This blogger might want to review your comment before posting it.

About political intelligence Field reports from Boston Globe reporters and editors covering the 2008 presidential campaign and the national maneuvering of Bay State politicians.

Send your comments to masspolitics@globe.com

archives

browse this blog

by category