Thursday, February 7, 2008

Hillary Clinton Loans Her Campaign Money. Is she coming up short?

Clinton Loans Her Campaign $5 Million, May Give Even More

Is her campaign in trouble financially?

There are reports of even her top campaign staff working without pay.

Hillary Clinton's campaign confirmed that she’d already put forth a lona for $5 million of her own money in late January.

At her news conference this Wednesday, Hillary acknowledged the loan, saying: “I loaned the campaign $5 million from my money. That’s where I got the money. I did it because I believe very strongly in this campaign, and we had a great month fund-raising in January, broke all our records, but my opponent was able to raise more money and we intended to be competitive – and we were – and I think the results last night proved the wisdom of my investment.”

Her advisers says she’s considering another loan because money is tight now — the mega-primaries yesterday were quite the financial drain.

With big primaries coming up in places like Ohio and Texas, she is weighing whether to lend her campaign more money.

Either way this news cannot be viewed as a positive...stay tuned for more.

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