Hillary is around 10 Million in debt (not to Mark Penn). Class action to recoup?

[Poll_Blind]

  How will these people get their money? Are there other examples of vendors, etc. being stiffed by a primary/presidential campaign to such an extent?

  Does her campaign file bankruptcy or something?

PB

[DJ13]

1. I think it was reported last week to be closer to $21 million

[Poll_Blind]

5. I think 11 mil of that is to Mark Penn. I'm no so concerned...

...about whether he gets his cash or not, heh heh...

PB

[sfaprog]

2. And she's ready on day one to turn around our economy?!?

:eyes:

[VolcanoJen]

3. Her campaign is over $20 million in debt, and it took them awhile to admit that.

Remember, Terry McAuliffe claimed she raised $10 million in 24 hours, the day after Pennsylvania. That's either true, and they were far deeper in debt before, or false, and they're far deeper in debt now.

Any way you shake it, it's a problem. $11 million of the debt is what she and Bill loaned the campaign (as far as we know; it could be a greater amount by now).

[RamboLiberal]

4. And if she were the GE nominee how damn embarrassing would this be?

Also would be a huge media story if small vendors were banding together to sue her for payment. Then you'd also have vendors wanting cash up front and not extending credit.

Yeah she'd be ready on day one! :sarcasm:

[rodeodance]

6. CNN just made DU look like the laughing stock of the Internet because Obama folks

were spreading rumors about Clinton and her supporters. Will it happen again?

[leftofcool]

8. I would imagine

[Name removed]

10. Deleted message

Message removed by moderator. Click here to review the message board rules.

[rodeodance]

14. i will not respond to you rude request. A simple Please would have been appropriate.

[Hawkeye-X]

23. Will you please provide link of your said statement?

I'll be waiting by the beach....

[VolcanoJen]

17. Hillary can do no wrong, don't you get that?

It's never about Hillary. She's perfect. She's teh awesum!1111! Of course she's not in debt, that's a filthy lie started by Obama cultists. She's going to be President as soon as they seat Michigan and Florida. WHY KAN'T U UNDERSTAAAND?!?>?

[rodeodance]

21. I think we should be careful about making up stories about law suits.

[VolcanoJen]

24. Do you have some kind of proof that CNN aired a segment about Democratic Underground?

I'm all eyes. Until I see it myself, I really can't trust your characterization, and neither should anyone else.

[Poll_Blind]

26. Jen, understand they're claiming that THIS thread has been reported on CNN. That means...

...that a thread which had been viewed less than 300 times, NOT been recommended and only had a few replies and had been up less than an hour was picked up and produced into a video piece shown on air by CNN in some fashion or another.

:eyes:

PB

[VolcanoJen]

28. Oh, well, that clears it up.

That cracker-jack internet team at CNN must be super-busy! What, no cyclones in Myanmar and earthquakes in China to cover?

:wtf:

DUers are certainly a self-important bunch. It's tragic, when you really think about it.

Thanks, Poll_Blind. Truth is handy, and I appreciate it.

[rodeodance]

35. Correction. I did NOT say THIS thread.

[VolcanoJen]

36. Great. So, which thread, and when was it on CNN?

I can check the Lexis/Nexis. If we're getting national recognition for some kind of perceived Hillary smear, I'm sure we'd all like to know about it.

[rodeodance]

34. You are wrong. I did NOT say this thread.

[Name removed]

37. Deleted message

Message removed by moderator. Click here to review the message board rules.

[sfaprog]

12. So you're saying her campaign isn't $21 million in debt?

interesting take :eyes:

[rodeodance]

13. no, it was starting the rumor of ' Class action to recoup?"

[Poll_Blind]

15. Gimme a fucking break. We can't talk about how Clinton's vendors are....

...going to get paid because someone alleges CNN is taking their cues from obscure GD-P posts?

PB

[JimGinPA]

16. Drudge Made You Look Foolish Too

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=132&topic_id=5868372">Link

[Forkboy]

39. One of the best DU threads in months.

Says all one needs to know about Rodeo's word on anything.

[hendo]

51. I love when someone actually links to what they are talking about n/t

[sniffa]

19. Unhinged

[rodeodance]

22. ah, my love-puppy is following me around again. i told you i did not love you. I am

so sorry you want to be near me. I feel your pain.

[sniffa]

25. Yep, still unhinged

[rodeodance]

32. oh you are stilling following me. The same memo on each thread over and

over for the last few days.


so sad so sad.

[MethuenProgressive]

40. Your stalker is reduced to spamming his love notes, RD

At least mine send pictures!

[rodeodance]

42. ah. I am jealous.

[hendo]

53. its wuv, twuu wuv n/t

but seriously rodeo, please give us a link to the CNN story.

[MethuenProgressive]

57. If you saw the pictures, you wouldn't be...

:shudder:

[rodeodance]

59. I trust your judgment.

[Clintonista2]

61. When my dog was a puppy, she would always chew on my socks

Does your puppy have the same problem?

[Forkboy]

38. LOL

:freak:

[Heather MC]

45. Hey how about looking at the facts for a good laugh

Wow even with MI and FL in play and not giving the uncommitted votes to Obama
she is still behind.
Of course this chart was made before Edwards endorsed the rightful winner
so the numbers are even more in Obama's favor

[Doityourself]

46. Is Hillary in debt or not? That is the question. n/t

[MGKrebs]

7. She's raised $23 million for the GE. Although technically she can't use that to pay

primary bills, I suspect that a way will be found.

[NotThisTime]

9. She was 21M. in debt, 11 to herself, 4 to Penn & the rest small business

As far as I know, these are the facts. I believe she will pay the vendors back, or at least I would seriously like to hope so... I doubt anyone will have to take her to court to get their money, they just might have to wait longer than they'd planned....

[Political Heretic]

54. Honestly, I don't think her self-loans are counted in the campaign debt total.

But I could be wrong.

[Hamlette]

11. this happens all the time, the bills will get paid

provided she drops out before the convention. Any money raised after a nominee has been chosen can't be used to pay of primary debts.

She has lots of time.

She'll drop out in June, the party will rally around her to pay off her debts.

(actually, what she does is she "suspends" her campaign so she can still raise money to pay her debts.)

[Poll_Blind]

18. 10-20 Million is a LOT of money. "All the time?" A lot of money that's supposed to come...

...from a nation of donors who already have a pretty good idea that there's no chance in hell Clinton's going to win. I just don't see people who are excited to step up and throw money into the pay-off-Clinton's debt fund.

  I just don't see that. Can you help me out with other campaigns where a chunk of money this size has been paid off in a failed run?

PB

[Hamlette]

62. 11 of it is to herself, she has $23 million in the bank for the general election

which she can use if her donors agree (not exactly sure how she does that)

I'm sure she can pull it off.

[PassingFair]

20. I'll personally send her $25.00 if she drops out today. n/t

[Poll_Blind]

27. Dodge the flak folks, I'd still like to know how these vendors are going to get paid and...

..if there has been historical precedence for this sort of thing- especially involving this much money.

  Can a campaign file bankruptcy? Is the candidate themselves personally responsible for paying these bills?

  So if they stop running for the nomination, the organization essentially dissolves, doesn't it?

PB

[Exilednight]

29. Would you accept a check from the Hillary campaign? Don't be the place that books her concession n/

[ampad]

30. That is a damn shame

All that work championing herself the Zena warrior princess of the white working class all the while she is stiffing small business owners of their hard earned money. I thought there were a couple of vendors in Ohio that already threaten to sue. I read it here a couple of months ago so maybe she already paid them off since law suites were coming. Maybe a google search will come up with some results.

[NorthernSpy]

31. the Clintons have over $100 million personal fortune...

No reason why they can't just pay their tab out of their own pockets.


Romney did, didn't he?

[MGKrebs]

58. Well, of course, they can't donate more than $2300 like anybody else.

The rest would have to be loans. That need to be paid back.
Which is what we are talking about.

[MonkeyFunk]

60. Really?

that seems quite unlikely. You're saying they banked every dollar they earned, and didn't pay any of it in taxes or other expenses?

[DU GrovelBot]

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This week is our second quarter 2008 fund drive. Democratic Underground is
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[dcindian]

41. Just think what she will do with our money.

Better to keep Hillary as far from the countries coffers as possible.

[Poll_Blind]

43. I'd actually be FOR letting her have access to the Chinese treasury.

  We could be back on our feet economically in no time!

PB

[OzarkDem]

44. More honorable to be in debt

Than to be in debt to big business by letting them buy your campaign and candidacy.

[Barack_America]

47. I doubt the vendors owed money see it that way.

As a party we need to make sure these folks gets paid. Many of them are small businesses, after all. We can't risk the bad word-of-mouth.

[Doityourself]

48. Ha that's how Hill got her stockpile of cheddar to start..she just blew it..ran it into the ground

she's a bad executive, manager and leader!

[MattBaggins]

50. You spin me right round baby right round

So Hillary is not the candidate who had the financial juggernaut behind her just a year ago?

[TexasObserver]

49. Hillary's failing to pay all these vendors will burn many of her supporters.

It is standard practice for campaigns to do business with vendors associated with their contributors and supporters.

Because Hillary had a number of teacher organizations behind her, some of those teachers and administrators used their positions to get Hillary set up for appearances at schools. Her campaign ended up owing many school districts and colleges for the use of their facilities. Now, all those supporters of hers who used their insider positions to give credit to the Hillary campaign are looking very shabby. They gave away money belonging to their employers, and now the employer is stuck with the bill.

Hillary has been a complete disaster when it comes to handling money. She couldn't balance her personal checkbook, and her glaring ignorance about handling money is evident to all.

[Poll_Blind]

52. Thanks, TO! I hadn't realized that's where some of her credit had come from.

Wow, embarassing!

PB

[TexasObserver]

56. Yeah, check the list. She owes many school districts across the country.

We're talking about thousands of dollars are each district, too.

She owes a number of colleges, too, for using their facilities.

[grantcart]

55. Since she has the capacity of raising $10 million a day she should be able to raise it in 3 days

[TexasObserver]

63. even Jesus couldn't resurrect her campaign in three days