Sad: Hillary loans her campaign $6.4 million

posted at 11:45 am on May 7, 2008 by Allahpundit

Not the first seven-digit check she’s cut for The Cause, as you’ll recall. I figured this must have been leaked by one of those despondent aides of hers who know that all’s lost and who may now be trying to embarrass her into quitting. Nope: Howard Wolfson himself admitted it in this morning’s conference call, citing it as evidence of just how darned much she cares.

Clinton made a $5 million loan on April 11, a $1 million loan May 1, and $425,000 May 5.

“She did this in order to remain competitive with Senator Obama on television,” he said. “The loans are a sign of Senator Clinton’s commitment to the race, commitment to continuing the process, and a commitment to being competitive with Senator Obama.”

It’s not like she can’t afford it. Or rather, it’s not like Bill can’t afford it: Read the update to the Observer’s account of the call.

Ed said this morning he expects her to stagger on through the end of the primaries on June 3. KP told me the same thing last night. That’s the safe bet given her Terminator-esque perseverance but I’m going to inch out on the limb and predict that she quits next week. Yeah, her advisors are talking tough, but that’s obligatory until she decides how she wants to handle this. And yeah, she’s looking at landslide wins in West Virginia and Kentucky coming up, but to me that only mitigates in favor of getting out now. How pathetically delusional will it look for her to be giving never-say-die victory speeches as the superdelegates peel away and the media downshifts into McCain vs. Obama mode? She’s done a reasonably good job of not making herself ridiculous while trying to play catch-up. There’s no way to avoid that now.

She’s not going to get out before the big Mother’s Day fundraiser this weekend, and she’s wasted so much dramatic rhetoric on the alleged disenfranchisement of Florida and Michigan that she can’t quit before that’s resolved without looking like a total fraud. My guess? She makes a deal with Obama to drop out in return for him agreeing to recognize the results of those two primaries. That’ll make the final margin between them nice and tight, letting her save face and giving her a chance to play the magnanimous populist who made sure every vote was counted. And since it’s so close to Mother’s Day, to wring maximum sympathy for her decision, she’ll claim it was Chelsea who finally persuaded her that it was time to go. You heard it here first! Unless it doesn’t pan out, in which case forget it.

Exit question: What now for our gal? Back to semi-anonymity in the senate? A power play to unseat Reid as majority leader? Or is she going to try to muscle her way onto the ticket to keep her profile nice and high for 2012 or 2016? Given the fears of a crack-up, Barry O can’t say no. Can he?


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I can only hope she is the veep. They combine negatives not positives.

Theworldisnotenough on May 7, 2008 at 11:52 AM

Can he?

It’s debatable if he can say yes, either. With Wright and Ayers, does he really need Clinton baggage? Something like 50% of the country doesn’t want the Clintons anywhere near the White House.

amerpundit on May 7, 2008 at 11:52 AM

Wow, I bet the Clintons had to sell all the furniture they stole from the Whitehouse to come up with that kind of money.

Maxx on May 7, 2008 at 11:53 AM

I am surprised she isn’t running for Governor of New York (perhaps she will).

BobH on May 7, 2008 at 11:54 AM

Hillary will not run in 2012. The visage will be more wrinkly by then. Not a chance. Plus, Bill will be long gone from their humble abode.

fossten on May 7, 2008 at 11:56 AM

Wow, I bet the Clintons had to sell all the furniture they stole from the Whitehouse to come up with that kind of money.

Maxx on May 7, 2008 at 11:53 AM

Didn’t have to. The guy who owns my company, Ron Burkle, took money out of my benefits and gave to her husband. I’m officially being screwed by everybody at this point.

pistolero on May 7, 2008 at 11:58 AM

Veep.

I’m concerned about everyone who was positive Denver would be a pile of ashes. Not sure how they are going to react when Barry and Hillary pass out S’mores and merit badges at the convention.

Limerick on May 7, 2008 at 11:59 AM

Take it to November. 3rd Party for the 4th Wave!

ninjapirate on May 7, 2008 at 12:00 PM

Worst! Campaign! Ever!

I agree with Hugh Hewitt that she’s hanging around at least until the Tony Rezko trial concludes, hoping that will create turbulence for Obama. But with the MSM probably already choosing to ignore any fallout from that, I don’t see it making any difference for the HRC campaign.

Lee on May 7, 2008 at 12:00 PM

It sounds like she’s serious about staying in the race for a while longer…otherwise why go to this bother and expense?

She has no interest is quitting. Experience has demonstrated to the Clintons time after time that just sticking around results in a win.

Asher on May 7, 2008 at 12:00 PM

I may be incorrect on this, but I believer that the DNC is responsible for the loan, so its not like she’s funding her own interests. She will be assured of receiving every dime back. I wonder what interest rate she’s charging?

Syd B. on May 7, 2008 at 12:00 PM

Good. I was afraid she was dropping out after canceling this morning’s appearances.

Valiant on May 7, 2008 at 12:00 PM

Maxx on May 7, 2008 at 11:53 AM

No, with all the cash she and William have been raking in, not to speak of their partnership with the sheikhs in the Emirates who partner with BJ, she is floating in cash. She should match him $ for $ in the remaining primaries, even though she has no chance, and blow her fortunes there.

That said, I’m rooting for BO. The guy who looks like putting a stake in the heart of the witch is my hero, and deserves my support for that reason alone. Too bad there ain’t a good Republican to take advantage of this civil war, and all we have is McCain.

OTOH, Obama would come out really steeled by this experience, and be a formidable candidate, accompanied by a landslide in Congress. Given that ground reality, McCain is the best candidate worth sacrificing, so that we can stop having all these monkey dances with the Dems in the Senate.

infidelpride on May 7, 2008 at 12:02 PM

Good. I was afraid she was dropping out after canceling this morning’s appearances.

Valiant on May 7, 2008 at 12:00 PM

I believe Obama canceled appearances the day after Pennsylvania, too.

By the way, Juan Williams says Obama was still unable to win the white vote.

amerpundit on May 7, 2008 at 12:03 PM

The party folk are really going to put on the full-court press to get here out this week, and she will have some leverage to get whatever she wants besides the nomination.

It will look pretty bad to have the presumtive nominee getting clubbed by 20 points on West Virginia and Kentucky.

Yarrrgghh.

forest on May 7, 2008 at 12:04 PM

Speaking of sad, check out this headline on Drudge.

CONGRESSIONAL SOURCE: Hillary having trouble finding superdelegates who will meet with her… ‘No one wants to see her today’… Developing…

Sad.

Weight of Glory on May 7, 2008 at 12:05 PM

I see no reason why she shouldn’t stay in till next month. She can pick up a few wins and leave with a few more votes. Now that it is impossible for her to win Obama doesn’t have to worry about her attacking him any longer (which she will probably no longer do because it would just look extremely bad at this point). Just let her ride it out.

terryannonline on May 7, 2008 at 12:07 PM

Hillary will be a great “Trivial Pursuit” answer 10 years from now. I think she will angle for the veep slot, and will be curtly denied. Why would the candidate of the future tie himself to the old baggage of the past? I said baggage.

Doug on May 7, 2008 at 12:09 PM

Looks like that Whitewater deal fared better for her than we were originally led to believe.

pilamaye on May 7, 2008 at 12:09 PM

Sure, we’ve all been enjoying Operation Chaos and the liberal infighting and the prospect of a Democratic meltdown, and last night may have signalled that this will all come to an end soon. But we can’t let that detract from our rejoicing over the downfall of the hated Clintons. After all this time, don’t be sad to see her go. Don’t deprive yourself of the righteous joy we derive from her failure. Ding-Dong, the Wicked Witch is Dead!!!

boko fittleworth on May 7, 2008 at 12:10 PM

boko fittleworth on May 7, 2008 at 12:10 PM

Yes, but we ended up with someone worse: Obama.

amerpundit on May 7, 2008 at 12:11 PM

but I’m going to inch out on the limb and predict that she quits next week.

Good prediction. I agree that Hillary is shrewd enough to be setting herself up for the next move. There is no path to the nomination for her, but she has to find the best way to cash in her chips. If she waits too long and the super delegates peel away, she’ll have nothing to cash in and could end any chance of moving beyond the senate seat she now holds.

Having her in the VP slot would make things very tough for McCain, but it would probably take a shotgun marriage to put Obama and Hill together. If Obama doesn’t take Hill, McCain should pick a female VP.

dedalus on May 7, 2008 at 12:12 PM

I say good. She has the money. I get tired of people sending their last $20 bucks to politicians who are rich.

Blake on May 7, 2008 at 12:13 PM

Barry O can’t say no. Can he?

Yes, he can! Arizona Gov. Janett Napolitano and Kansas Gov. Kathleen Sebelius.

Both are two-term governors from red states who don’t have the negatives of the Glacier.

its vintage duh on May 7, 2008 at 12:14 PM

Chelsea in 2012?

World B. Free on May 7, 2008 at 12:16 PM

Don’t worry… its all Middle Eastern Oil money anyway.

McCain Feingold at its best.

Romeo13 on May 7, 2008 at 12:17 PM

Weight of Glory on May 7, 2008 at 12:05 PM

Not so much sad as honest. The Supers are backing who they see as the strong horse.

BillH on May 7, 2008 at 12:19 PM

Sad: Hillary loans her campaign $6.4 million

Sad? Nah, this is great news! She’s not likely to quit after investing millions of her own money.

Chaotic. Partay like its 1968 baby.

Speakup on May 7, 2008 at 12:20 PM

Another crutch to keep your campaign afloat?

$6.4 million.

Watching the battered, beaten Clintons move out of public service with a lot less money and many fewer ‘Clintonites’?

Priceless.

cntrlfrk on May 7, 2008 at 12:26 PM

Or is she going to try to muscle her way onto the ticket to keep her profile nice and high for 2012 or 2016?

Yes.

Spirit of 1776 on May 7, 2008 at 12:31 PM

Can you say “Tax Write-off”? It will be a huge loss of money…. Who does the toilet flush for? It flushes for thee, Hillary!

CynicalOptimist on May 7, 2008 at 12:36 PM

“Clinton made a $5 million loan on April 11, a $1 million loan May 1, and $425,000 May 5.”
I know I’m too stoopid to understand campaign funds in the 21st century, but will someone be so kind as to tell me how HRC can ‘loan’ the money to her own campaign?…Is she gonna pay herself back–when she gets the taxpayers to pay the bills spent on her Presidential run? I mean, chutzpah, thy name is Clinton!
This is very interesting food for thought:
“My guess? She makes a deal with Obama to drop out in return for him agreeing to recognize the results of those two primaries. That’ll make the final margin between them nice and tight, letting her save face and giving her a chance to play the magnanimous populist who made sure every vote was counted. And since it’s so close to Mother’s Day, to wring maximum sympathy for her decision, she’ll claim it was Chelsea who finally persuaded her that it was time to go.”
Ahem, right there is evidence that even AP sees Hilly playing ‘Mommy Dearest’ and writing the script for her ‘photo-op-prop’ daughter. (But there isn’t anything cold or cruel in that!;-)
While I can’t find a decent Mother’s day card for my step mother, HRC manipulates the holiday for her ‘advantage’.
Something we have come to expect from Herself.

Christine on May 7, 2008 at 12:40 PM

If you look closely at the picture… you can see Bill checking out the 21-year-old campaign supporter in the miniskirt on the front row…..

CynicalOptimist on May 7, 2008 at 12:41 PM

Heck no she’ll stay in, it keeps the race framed as a one-party race into the Oval and the media away from McCain. Plus the Dem’s harvest name repetition associated with win, ‘Obama will win, Obama will win…’ ad puke’em.

Toss in your Random Glittering Generality Generator, Senator Obama, and it’s a helluva campaign.

Just be sure to get any money you might have out of the markets, it’s gunna be a bloodbath.

Earlg on May 7, 2008 at 12:47 PM

6.4 million would have bought alot of Arkansas hookers for the Slick one.

Chuck Schick on May 7, 2008 at 12:49 PM

Ding Dong, the witch is dead.

kirkill on May 7, 2008 at 1:00 PM

How bad would Obama look if Hillary dropped out and THEN beat him by double digits in WV and KY?

EJDolbow on May 7, 2008 at 1:11 PM

Anyone think there is a chance for a McCain/Clinton ticket against Obama if she’s made to stand down? It’s not like McCain has to worry about possibly alienating the Republican base or anything.

dtestard on May 7, 2008 at 1:13 PM

McGovern jumps ship. She’s done.

Sultry Beauty on May 7, 2008 at 1:31 PM

Since there are no more large states with huge media buys to worry about, Hillary can stay in for a while longer and hope that some bad mojo hits the Obama campaign, since wins in Kentucky and West Virginia next week aren’t going to have any effect on the current spin (after last night, you’d half expect to see most of the TV reporters and news readers marching outside Hillary’s Chappaqua home with signs saying “Save Our Party! Get Out Now!”, so they’re not going to cut her any slack next week if she wins).

Only a threat to financially cut the Clintons off at the knees by turning off their outside income sources would be able to get Hillary and Bill to leave the race before the final primary is over, and even then the Ickes-Blumenthal contingent may still want to go to court over Michigan and Florida. She’s in for at least another month, and even after that, if Obama doesn’t give her the VP slot, Democrats will be wondering during the general election if any negative information that comes out about Barak may or may not have originated from the Clintons, who still have 2012 to hope for if McCain wins election.

jon1979 on May 7, 2008 at 1:34 PM

Barry can’t say no to a combined ticket, but Michelle sure will. Hillary Clinton one heartbeat away from the Presidency???? With Michelle’s already stated fear of assassination?

Let me conVince you, I Foster some reservations about the advisability of that.

michaelo on May 7, 2008 at 1:47 PM

She will fight for the nomination fang and claw, all the way to Denver, when they dems will give it to her. Hussein is unelectable and most of his supporters will back the harridan. The hussein moonbats will riot.

dogsoldier on May 7, 2008 at 2:35 PM

Plus: Fearless prediction on when Hillary drops out!

She will drop out when they pry her broom away from her cold dead hands.

MB4 on May 7, 2008 at 2:45 PM

If she quits it will only be with a lot of chits from DNC and others. Even then, I think Obaaammmaaa is hardly a shoo-in if the Reps run a proper campaign.

If Obaammmaaa does not get the nomination you can count on riots. Whether they should let him take the nomination or not, the DNC hasn’t the guts to take it on, so Barry O will get the nod.

If he loses to McCain, race relations will step back to the 1960′s and Dems would rather blame the resulting mess on McCain than their own handwork and victimology.

The idea of Michelle as First Lady is as nauseating as Billy for First Husband.

What a damn mess…

Harry Schell on May 7, 2008 at 2:58 PM

I hear she’s going to take the NFL commisioner’s job.

Griz on May 7, 2008 at 4:04 PM

She will not be forced to drop out unless the DNC promises her some huge perk. She will not go out the door quietly.

If we cannot beat Obama in the general, we truely have hit rock bottom and I’m certain that once his true colors (can I say that?) are shown, voters will come to their senses. McCain wasn’t my first GOP choice but compared to BO, he’s far superior. Continued aggessive military action in the mid-east is paramount to the long-term survival/prosperity of the western world. Obama could undo all that with the stroke of a pen.

JetBlast on May 8, 2008 at 1:19 AM

Good to see Hillary having to pay for this.

She is nothing if not tenacious. I dread to think what will happen if Obama is denied the prize though – riots at the least.

Ares on May 8, 2008 at 4:16 AM