Hillary's Budget

I was listening to discussion of Hillary's financial woes, and I'm surprised Obama isn't make an issue of them. Her campaign is showing $9.2 million cash on hand, but $10.6 million in debt. She is running up debt like mad, and not paying it off so she can say she still has cash in hand. Isn't that the practice that many have been railing about the government doing? Meanwhile, Obama has $40+ million cash on hand, and has been paying his debts every month, with his current debt after the PA campaign being only $600,000.

I would like to see Obama respond to queries of "you say you want to change stuff, but will you change?" with "How about being someone who makes sure the bills get paid and who doesn't engage in the same deficit spending that ruins our economy more and more everyday?"

[Larry Gude (Premo)]

Originally Posted by Bruzilla

and I'm surprised Obama isn't make an issue of them.

...are you surprised? He told you he is about change and hope and a new kind of politics. 'Attacking' an opponent based on what they do and say is old school politics. Staying above the fray is the new way.

"ommmmmmmmmm"

"ommmmmmmmmm"

[Pete (Premo)]

I have never heard in any campaign the opponents being critical of each others lack of fund raising or debt. Why is Clintons debt an issue to Obama?

[Larry Gude (Premo)]

Originally Posted by Pete

I have never heard in any campaign the opponents being critical of each others lack of fund raising or debt. Why is Clintons debt an issue to Obama?

...if he were a mere mortal, he might consider making great hay out of the fact that he has far more people willing to give him money than she does. Of course, that would be beneath him, so, maybe it's best he not sully himself.

If you want to here about money, wait until the general starts and we get to hear all about the seedy things McCain did to keep his dream alive.

Originally Posted by Pete

I have never heard in any campaign the opponents being critical of each others lack of fund raising or debt. Why is Clintons debt an issue to Obama?

Because of the nature of her debt. If you look at Obama's spending during his campaign, he's paying off his debt each month, like most of us do. This is why his current debt is only $600k or so, and at the end of the month that'll drop down to near zero again. Hillary, on the other hand, is $10 million in debt, and stories of her stiffing people on bills are piling up and up. Before the PA primary, she had about $9 million cash in hand, but that was only because she hasn't been paying her bills. Had she been paying them, like Obama has, she would be broke. So, she is running up more and more debt in order to give the appearance that she is doing well, when in fact she is falling further and further into the hole while promising her future lenders that she pay them, but she still owes the past lenders.

So, who would you want to see as President? Someone who makes sure the bills get paid off and debt is kept to a minimum, or someone who's continuing the practice of uncontrolled deficit spending?

[AndyMarquisLIVE]

I'd like to get Larry and Bru some boxing gloves.

Originally Posted by Larry Gude

...if he were a mere mortal, he might consider making great hay out of the fact that he has far more people willing to give him money than she does. Of course, that would be beneath him, so, maybe it's best he not sully himself.

If you want to here about money, wait until the general starts and we get to hear all about the seedy things McCain did to keep his dream alive.

McCain has already written himself checks and did some shady stuff with his public funds that are apt to get him investigated. I do find it interesting though that Cindy McCain is apparently putting all her wealth into a Gore-like "lock box" and keeping John out of it.

"You know I love you dear, and I'm sure you're going to win and all, but stay out of my bank account just in case you don't."

[Kerad (Premo)]

I just read that Hillary''s campaign is actually $15 million in debt. Her campaign wasn't listing the 5 Million she loaned herself.

It must be nice to have your very own math...completely independent of everyone else's regular math.

[bresamil]

Obama HAS brought up the money making issue. He said he could raise more than the others. He even said once that give him an hour and he'd get $1M in contributions (this was during the 6 weeks of PA).
I am curious that no one has questioned where all his contributions come from, because its not "the little people" that he speaks of helping. He has wealthy benefactors.
Personally I don't like big contributors because then the candidate owes them something.

Originally Posted by Kerad

I just read that Hillary''s campaign is actually $15 million in debt. Her campaign wasn't listing the 5 Million she loaned herself.

It must be nice to have your very own math...completely independent of everyone else's regular math.

I was wondering if her $5 million was rolled up into the debt statement or not. Where did you see that it wasn't?