Newsweek: HRC only took in $7 mill in March!
Fri Apr 04, 2008 at 07:02:39 PM PDT
I doubted it when everyone was assuming she came in with $20 million, just because Wolfson wouldn't put a specific figure on it and some sources floated that number. Now the truth may show yet another BIG LIE from the Clintons!
This was interesting, over at the new republic Hillary's Cash Crunch? Newsweek's Romano thinks Hillary may have raised only $7 million in primary--as opposed to general-election--funds last month, and concludes (reasonably, I think) that any primary endgame may have less to do with a superdelegate swarm or a Dean-Pelosi-Reid-Gore poobah intervention than possible bankruptcy: As the clock ticks down, Clinton will have fewer chances to gain delegates and votes, and Obama will appear more and more inevitable. Wins in Indiana and North Carolina on May 6--hardly a sure thing, but possible--would only accelerate that process. All of which is to say that if Obama "looks like the nominee" at some point before the convention, Clinton's financial intake may flatline. In that case, she probably won't have the rainy-day money necessary to keep fighting (unless it's more of her own). Meaning that it won't matter what Bill has to say. The bank vault will have already spoken. --Michael Crowley
Link
On other blogs I am reading similar tales of woe about Clinton campaign finances, ironic on a day when the tax returns hit and the number slamming into people is $109 million.
I truly think a strong Obama performance in PA--a knockout blow, if you will--could end it before IN and NC. The well has dried up for Hillary.
Tags: Recommended, President, Barack Obama, 2008, Pennsylvania, Indiana, North Carolina, Primaries, Hillary Clinton, Campaign Finance, Fundraising (all tags) :: Previous Tag Versions