Hillary Clinton Watch: Looking to Obama for Payment of Campaign Debt
Posted by Flap in Barack Obama, Hillary Clinton, President 2008
In this July 19, 2006, file photo Sen. Hillary Rodham Clinton, D-N.Y., speaks with Sen. Barack Obama, D-Ill., right, during the annual convention of the National Association for the Advancement of Colored People in Washington. Clinton and likely Democratic presidential nominee Barack Obama met privately Thursday night June 5, 2008 to talk about uniting the Democratic Party
It is ALL about the money.
In politics, money talks. And money is likely to be an important factor in discussions between Barack Obama’s advisers and the debt-saddled Hillary Rodham Clinton campaign.
Clinton will likely seek help from Obama in retiring her massive campaign debt, which has swollen to more than $30 million, including $11 million she lent the effort, advisers said Thursday.
The former first lady, who plans to bow out of the race and endorse Obama on Saturday, told donors she will raise money for Obama’s campaign, both to help the Democratic Party’s cash position and to expand the Illinois senator’s prodigious fundraising base. Her advisers estimate the former first lady could bring in $50 million to $100 million for the general election campaign — and much more if she were named Obama’s running mate.
The advisers spoke on condition of anonymity because they were not authorized to discuss the matter publicly.
Flap envisions three scenarios:
1. Select Hillary as Vice President, merge donors, pay off her debts and she releases all of her pledged delegates to Obama.
2. Pay off Hillary’s campaign debts if and ONLY if she releases all of her pledged delegates to Obama immediately.
3. No deal – Hillary keeps her debt, pledged delegates, lingers and lurks awaiting for a possible Obama gaffe or meltdown prior to the Denver convention.
Obama does NOT desire Hillary as Vice President but on the other hand he wants her and Bill out of the way NOW.
We will know soon.
If it is leaked that Obama will attend Hillary’s Saturday concession announcement then she will likely be named Vice President.
Stay tuned……
Tags: Barack Obama, Hillary Clinton



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