Marc Ambinder at The Atlantic reports that an attorney who worked for Bill Richardson, William A.K. Titelman, is leading the effort to form a new 527 organization to help Hillary Clinton out due to the lack of funds in her campaign to compete effectively with Barack Obama in the upcoming states of Ohio, Texas, and Pennsylvania.
Allies of Hillary Clinton plan an expensive, stealth campaign to buttress her standing in the must-win states of Ohio, Texas and Pennsylvania.
They're canvassing Clinton donors for pledges of up to $100,000 in the hope of raising at least $10M by the end of next week. The money will be placed in the account of a political committee organized under section 527 of the tax code.
Two Democrats said that the 527 plans to run television ads and send pro-Clinton literature in all three states. One of the Democrats said that the ads will also include contrast messages against Obama.
Plans for the 527 were conceived in late January, when Clinton's campaign was nearly broke. Since Feb. 5, she has raised nearly $20M, but still faces a resource disadvantage.
This 527 will help Hillary Clinton in her goal of going the scorched-earth policy to bring up Obama's negatives in order to tarnish him and beat him to the nomination. This scorched-earth policy might very well ruin the Democratic Party. This is the last desperate gasp of the Clinton campaign, and it may very well hurt Barack Obama in his campaign to win the White House for the Democratic Party.