Clinton Loans Her Campaign Even More Money
Image details: Hillary Clinton Holds Primary Night Rally In Indianapolis served by picapp.com
On the tail of the news of Hillary Clinton’s less than spectacular win in Indiana last night and her outright loss in North Carolina comes the news that Clinton loaned even more money to her campaign last month. On top of the $5 million Clinton lent her campaign in January, she transferred an additional $6.425 million over to her campaign in April and May.
It’s becoming a question of good money after bad. Clinton didn’t pull off the spectacular win she predicted last night, and plenty of people just don’t see how she can continue campaigning, especially in light of the fact that Barack Obama’s fundraising efforts are going much better than hers. She can continue to loan the campaign money, but at some point the Clinton checkbook will run dry. We’re not talking about Mitt Romney here — Clinton can’t afford to toss $50 million of her own money at a campaign run.
I think these loans are the beginning of the end, but Clinton won’t go out quietly. She’s like a business owner rifling through her personal savings, her kids’ college funds, and any other money she can get her hands on just to keep her dream alive for a few more days.
The “experts” said last night that this is the end of the “clinton era” – it should be interesting to see what happens in the next few weeks.
The same “experts” also suggested that Clinton may be doing Obama a “favor” by staying in the race through May 20th – because he is expected to lose West Virginia and Kentucky – whether Clinton campaigns or not – it’s a lot easier to explain a loss when you have an opponent.