# Hillary loaned herself another $6.4 million last month

**URL:** <https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424>\
**Category:** Great Debates\
**Created:** [May 7, 2008, 1:32pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424 "2008-05-07T13:32:16Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![Liberal](https://avatars.discourse-cdn.com/v4/letter/l/848f3c/32.png) [@Liberal](https://boards.straightdope.com/u/Liberal)\
**Post date:** [May 7, 2008, 1:32pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/1 "2008-05-07T13:32:16Z")

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MSNBC just announced a disclosure from the the Clinton campaign that Hillary did what any of us ordinary people whose problems she shares would do — she loaned herself enough money to buy a couple of homes in the Hamptons. And since it was a hedge bet, banking on knockouts in North Carolina and Indiana, she’s in financial trouble. Again.

I suppose this should come as no surprise, since she doesn’t think economists’ opinions about economics matter. But I think it raises a fundamental question about how sound her thinking would be as a president submitting a budget to Congress. Yeah, I know she promises this and that, but is it just do as I say and not as I do?

Yep. It is. Her pandering did not pay off after all. Voters are fed up with her. They know now that for her, it’s all about her. She looked absolutely pathetic last night, vowing to move ahead and claiming a victory in a race that at the time was too close to call. It was like watching Paula Abdul comment on the wrong singer about a song he hadn’t yet performed.

Maybe the Bush-Clinton dynasty is over. Finally. I really don’t see how she’ll raise enough money now to cover her debts. She’s nothing now but the ruins of Ozymandias. It’s past time to stick a fork in her. It’s time to scrape the plate and stuff it in the dishwasher.

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**Author:** ![Liberal](https://avatars.discourse-cdn.com/v4/letter/l/848f3c/32.png) [@Liberal](https://boards.straightdope.com/u/Liberal)\
**Post date:** [May 7, 2008, 1:47pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/2 "2008-05-07T13:47:10Z")

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Incidentally, the same program points out that because of the Obama landslide in North Carolina, Clinton cannot now win _even if she counts the votes in Florida and Michigan_ unless she also wins 75% of all the remaining pledged delegates and more than half the superdelegates. Could someone loan her $10 to buy a clue?

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**Author:** ![John\_Mace](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/john_mace/32/185_2.png) [@John\_Mace](https://boards.straightdope.com/u/John_Mace)\
**Post date:** [May 7, 2008, 2:43pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/3 "2008-05-07T14:43:12Z")

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What’s the debate here (that couldn’t be had in the 4 “fork” threads)?

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**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\
**Post date:** [May 7, 2008, 2:50pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/4 "2008-05-07T14:50:49Z")

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And then she stomped a kitten to death and drank its blood.

Seriously, Liberal, she’s using some of her own money to finance her Presidential campaign. How is that indicative of poor financial sense much less a character flaw?

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**Author:** ![Liberal](https://avatars.discourse-cdn.com/v4/letter/l/848f3c/32.png) [@Liberal](https://boards.straightdope.com/u/Liberal)\
**Post date:** [May 7, 2008, 2:52pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/5 "2008-05-07T14:52:02Z")

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> [@John Mace](#):
>
> What’s the debate here (that couldn’t be had in the 4 “fork” threads)?

From the OP:

[QUOTE=Liberal]  
But I think it raises a fundamental question about how sound her thinking would be as a president submitting a budget to Congress.  
[/QUOTE]

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**Author:** ![Liberal](https://avatars.discourse-cdn.com/v4/letter/l/848f3c/32.png) [@Liberal](https://boards.straightdope.com/u/Liberal)\
**Post date:** [May 7, 2008, 2:56pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/6 "2008-05-07T14:56:24Z")

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[QUOTE=Little Nemo]  
And then she stomped a kitten to death and drank its blood.

Seriously, Liberal, she’s using some of her own money to finance her Presidential campaign. How is that indicative of poor financial sense much less a character flaw?  
[/QUOTE]  
Assuming that’s a serious question, it seems to me that there’s nothing in her worldview to stop her from getting the country deeper into debt while she gambles on world affairs. It’s a destroy now mend later mentality.

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**Author:** ![Burton](https://avatars.discourse-cdn.com/v4/letter/b/8e7dd6/32.png) [@Burton](https://boards.straightdope.com/u/Burton)\
**Post date:** [May 7, 2008, 3:26pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/7 "2008-05-07T15:26:29Z")

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If it was a loan, then she expects to be paid back by the campaign then right? I wonder how that will play out when the whole thing collapses.

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**Author:** ![dropzone](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dropzone/32/7515_2.png) [@dropzone](https://boards.straightdope.com/u/dropzone)\
**Post date:** [May 7, 2008, 3:32pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/8 "2008-05-07T15:32:11Z")

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[QUOTE=Burton]  
I wonder how that will play out when the whole thing collapses.  
[/QUOTE]  
Then she’ll be out a small fraction of her and her husband’s income the past few years. I just like to see rich folk plowing their money back into the economy instead of using it as mattress stuffing.

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**Author:** ![John\_Mace](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/john_mace/32/185_2.png) [@John\_Mace](https://boards.straightdope.com/u/John_Mace)\
**Post date:** [May 7, 2008, 3:35pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/9 "2008-05-07T15:35:25Z")

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[QUOTE=Liberal]  
From the OP:  
[/QUOTE]

Eh. We don’t know what her resources and/or plans are to pay herself back. Meanwhile, she’s spending her own money to get herself elected, or maybe she has some other agenda for continuing her campaign. We’ve heard that the Clintons earned over $100M dollars over the past few years. In what way has she put herself in “financial trouble”?

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**Author:** ![Marley23](https://avatars.discourse-cdn.com/v4/letter/m/45deac/32.png) [@Marley23](https://boards.straightdope.com/u/Marley23)\
**Post date:** [May 7, 2008, 3:36pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/10 "2008-05-07T15:36:49Z")

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According to CNN, quoting her adviser Howard Wolfson, the $11.4 million is about equal to her earnings from book sales and her Senate salary in the last year. Her campaign is screwed, but she’s not going to have to hock her jewelry or anything.

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**Author:** ![Lightnin](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lightnin/32/180_2.png) [@Lightnin](https://boards.straightdope.com/u/Lightnin)\
**Post date:** [May 7, 2008, 3:55pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/11 "2008-05-07T15:55:06Z")

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[QUOTE=dropzone]  
Then she’ll be out a small fraction of her and her husband’s income the past few years. I just like to see rich folk plowing their money back into the economy instead of using it as mattress stuffing.  
[/QUOTE]

Oh my god. Reaganomics really DOES work!

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**Author:** ![Liberal](https://avatars.discourse-cdn.com/v4/letter/l/848f3c/32.png) [@Liberal](https://boards.straightdope.com/u/Liberal)\
**Post date:** [May 7, 2008, 3:55pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/12 "2008-05-07T15:55:38Z")

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Well, she’s down to her last hundred million now, so we’ll see.

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**Author:** ![Knorf](https://avatars.discourse-cdn.com/v4/letter/k/58956e/32.png) [@Knorf](https://boards.straightdope.com/u/Knorf)\
**Post date:** [May 7, 2008, 3:59pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/13 "2008-05-07T15:59:22Z")

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There have been other examples of questionable financial management from Clinton’s campaign: the numerous reports of bills left unpaid at campaign spots in states all over the country. [Link](http://www.politico.com/news/stories/0308/9259.html).

There were also reports that she defaulted on health insurance payments for her campaign workers. [Link](http://www.politico.com/news/stories/0308/9274.html). I’m not sure whether that issue particularly was ever resolved (I think I remember hearing it was), but at least for a time, it showed some real fiduciary bungling.

[Another link](http://www.cbsnews.com/stories/2008/04/22/politics/washingtonpost/main4033858.shtml), this time about debts to advisers.

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**Author:** ![Jophiel](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jophiel/32/66_2.png) [@Jophiel](https://boards.straightdope.com/u/Jophiel)\
**Post date:** [May 7, 2008, 3:59pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/14 "2008-05-07T15:59:24Z")

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On the topic of campaign finance, once Obama wins the nomination, what happens to the money he’s earned for the primaries? Assume he finishes with $20mil in the bank – can he use that in that general (I thought not), does he send me a check for thirty-seven cents to cover the unused portion of my contributions or does he have one hell of a pizza party?

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**Author:** ![Robot\_Arm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/robot_arm/32/18280_2.png) [@Robot\_Arm](https://boards.straightdope.com/u/Robot_Arm)\
**Post date:** [May 7, 2008, 4:17pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/15 "2008-05-07T16:17:50Z")

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I’ve noticed an utter lack of coherence about money as an indicator of political success, particularly from Senator Clinton’s campaign. During her speech on the night of the Pennsylvania primary, she bragged that she won despite facing a candidate who spent a record amount on the contest. (And similar comments from a supporter on the radio this morning.) They also bragged about the contributions she received in the 24 hours after Pennsylvania.

So, which is it; is money good or bad? Make up your mind, Senator.

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**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\
**Post date:** [May 7, 2008, 5:07pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/16 "2008-05-07T17:07:15Z")

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[QUOTE=Robot Arm]

So, which is it; is money good or bad? Make up your mind, Senator.  
[/QUOTE]

Money for me = good

Money for Obama = bad

Get with the program **Robot Arm**!

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**Author:** ![Gangster\_Octopus](https://avatars.discourse-cdn.com/v4/letter/g/a8b319/32.png) [@Gangster\_Octopus](https://boards.straightdope.com/u/Gangster_Octopus)\
**Post date:** [May 7, 2008, 5:12pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/17 "2008-05-07T17:12:44Z")

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I posted this on another site:

Hillary Clinton’s campaign is continuing on and I have gotten the script for the next campaign ad.

> [@](#):
>
> HRC (VO): I’m Hillary Clinton and I approve this ad.
> 
> Announcer (VO): THe econmy is faltering and gas prices are rising.
> 
> (Image of foreclosure sign followed by picture of $4 gas prices)
> 
> Announcer (VO): Hillary Clinton undertands that every little bit helps, every dollar is impoirtant. Seriously we know exactly what it’s like to be strapped for cash.
> 
> (Headline of Hillary Clinton loaning her camapign money)
> 
> Announcer (VO): The rich get richer
> 
> (Picture of Barack Obama)
> 
> Announcer (VO): While the rest of us struggle to make ends meet.
> 
> (Montage of clips of people, including Clinton, declaring"…despite being outspent 4 to 1.")
> 
> Announcer (VO): Hillary Clinton wants to ease the pain of the common folks, like you and her, with a gas tax holida, graciously paid for by the oil companies.
> 
> (Video of folks pumping up and Oil Exec handing them $30. Citizen smiles.)
> 
> Announcer (VO) Of course, Obama calls it a gimmick and pandering and uses elitist, out-of-touch, ivory tower smarty pants economists to support him. Do you need an expert to tell you what’s important?
> 
> (Video of citizen shaking their head.)
> 
> Announcer (VO): So vote for Hillary Clinton, who wants to give you $30, and show your support by making a $30 donation to Hillary Clinton at [hillaryclinton.com](http://hillaryclinton.com).
> 
> (Viedo of gas pumper giving Hilary the %$30 he just got from the Oil Exec, still smiling.)
> 
> Announcer (VO): Another Clinton, it’s right for America.

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**Author:** ![toadspittle](https://avatars.discourse-cdn.com/v4/letter/t/c0e974/32.png) [@toadspittle](https://boards.straightdope.com/u/toadspittle)\
**Post date:** [May 7, 2008, 5:35pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/18 "2008-05-07T17:35:50Z")

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[QUOTE=Liberal]  
Assuming that’s a serious question, it seems to me that there’s nothing in her worldview to stop her from getting the country deeper into debt while she gambles on world affairs. It’s a destroy now mend later mentality.  
[/QUOTE]

Meh. She’s a very wealthy individual who gambled a large amount of money on pursuing a once-in-several-lifetimes career opportunity. Seems like a good wager to me, considering the Clintons’ healthy finances. Even if she loses the race and loses every penny she invested in the campaign, she still won’t suffer any change in her lifestyle.

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**Author:** ![Merkwurdigliebe](https://avatars.discourse-cdn.com/v4/letter/m/74df32/32.png) [@Merkwurdigliebe](https://boards.straightdope.com/u/Merkwurdigliebe)\
**Post date:** [May 7, 2008, 5:50pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/19 "2008-05-07T17:50:40Z")

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Shorter Hillary Clinton:

I did pretty well for being such a poor politician.

That’s really what the argument there is. The day when money becomes unimportant in politics is the day when we all become assimilated into the Borg. Money is power; politics is all about power. How can you begin to separate the two? You can’t, that’s how. If we gave John McCain and Obama 100 mil and told them that’s all they had there would still be some other channels for money to make its way to the system. Honestly I think the way we have it set up now is pretty good. The rich can fund a candidate as can the people like me giving out 50 dollars at a time. I think it’s pretty good the way it is after we got rid of soft money.

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**Author:** ![Voyager](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/voyager/32/133_2.png) [@Voyager](https://boards.straightdope.com/u/Voyager)\
**Post date:** [May 7, 2008, 7:03pm UTC](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424/20 "2008-05-07T19:03:18Z")

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[QUOTE=Liberal]  
Assuming that’s a serious question, it seems to me that there’s nothing in her worldview to stop her from getting the country deeper into debt while she gambles on world affairs. It’s a destroy now mend later mentality.  
[/QUOTE]

Come on now. If our Congresscritters used their own money to pay for the earmarks, would that be a bad thing?

The mismanagement of her campaign that **Knorf** mentions seems a far bigger flaw than loaning herself money, money which she’ll make back when she writes her next book anyhow. And she’s a piker in this regard compared to Mitt anyhow. But I would like her to say “I’m just like you. Don’t you have $10 million to throw around?” at her next stop in a bar, though.

[Next page](https://boards.straightdope.com/t/hillary-loaned-herself-another-6-4-million-last-month/448424.md?page=2)
