Is Hillary Clinton considering her exit strategy? According to Huffington Post top officials of the Barack Obama campaign are privately exploring ways to help Hillary Clinton discharge her debts and pay back the $11.43 million she has loaned her organization.
Really? So now Clinton staying in makes much more sense. She's not so much staying in because she thinks she can win, and she's not really hindered by spending more money because she's actually staying in as a way to make money. In effect, Clinton's just playing for time to negotiate the best deal (don't blame her, $12million is a lot of money).
However, I can't help but wonder if this is bad for Obama. I know that if I gave money to Obama (I didn't) it would be because I support him and his ideas, and not Clinton's, or I would give to her (I didn't). But with this transaction, if I gave to Obama (not the real me, the hypothetical me), I'm really giving to Clinton. No way do I want the money I gave (recall, I didn't) to go to Clinton. In fact, I'd be pretty peeved at Obama for giving my money (in theory) to Clinton.
I'm also surprised this is legal under Election Laws, but I guess it is. Interesting loophole no?
My assumption is that this has been going on for years so no one involved thinks anything of it. But now that the practice of using your campaign money to pay off the debts of your competition is public knowledge, I'll be watching to see what the public reaction is. I also wonder if John McCain did the same for Huckabee and/or Romney?
Source: Posted by Hydrablog
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