Yes We DID!!!
Posted: July 22, 2008 Filed under: PUMA 6 CommentsLookat this!!! This is Hillary’s financing report! Notice the Cash on Hand and the Debt! You know what that means, don’t you!!!!! Also, notice the best part … that would be the 89% coming from individual donors.
After raising $229.4 million through the end of May, Clinton lost the delegate race to Barack Obama and ended her bid after the final Democratic primary contests in early June. She started 2007 as the candidate to beat in the money race, but Obama surpassed her early in 2008. Clinton left the race with $22.5 million in debt, at least $11.4 million of which came from her own pocket.
Cash on Hand: $26,046,667
Debts: $25,201,723
Date of last report: Jul 29 2008 12:00AM
Source of Funds 
 |
Individual contributions | $207,054,929 | 89% |
 |
PAC contributions | $1,276,379 | 1% |
 |
Candidate self-financing | $13,175,000 | 6% |
 |
Federal Funds | $0 | 0% |
| Other | $11,501,357 | 5% |
How complete are this candidate’s campaign finance reports?
|
Full Disclosure | $128,922,913 | (90.3%) |
 |
Incomplete | $0 | |
 |
No Disclosure | $13,875,901 | (9.7%) |
NOTE: All the numbers on this page are for the 2008 election cycle and based on Federal Election Commission data released electronically on Monday, June 30, 2008.Feel free to distribute or cite this material, but please credit the Center for Responsive Politics. For permission to reprint for commercial uses, such as textbooks, contact the Center.
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Sky Dancing 
Fantastic. Absolutely incredible. This is truly a grassroots movement. Very impressive. Congratulations Hillary and PUMA/JSND!
This is indeed fantastic if it means that every last bit of her debt is paid. But I’m confused by some of that report, which I had earlier read at the Open Secrets site. They show a date for those figures of July 29th, 2008. That is obviously not right, so what did they really mean? June 29th? If so, that wouldn’t include this month. There is also something else not clear: does this include money that had already been contributed to the General Election campaign, which I understand can’t be used to repay the debt? There is a ? you can click after this sentence: “Totals may include compliance fund receiptsAbout compliance funds.” And when you click it, what is said seems to indicate this may include GE funds. So I am still a bit confused about where we really are.
This link was sent to me by Will Bower and there’s some discussion about what it means exactly. I also noticed that report date and wondered. Will thinks it means we did it, but some others are still questioning exactly how it can be used.
I sent an email to HLF to see if she knew anything with the link and a few questions. I’ll let you all know when I get a response back. You can got the link and see what they say. I’m not what the date implies.
There’s also some discussion on Will’s Facebook if it’s just general or primary-applicable…
GG wrote:
hi will = thanks for the post. great info. i beleive $23M of the cash on hand is general election funds while most of the debt relates to primary expenditures. the issue is the GE funds cannot be used to retire primary debt. so there still is significant primary debt that needs to be paid off prior to the convention (per FEC rules). the challenge is raising addtional primary funds to tackle this debt.
thanks for all you are doing!
Will Bower at 1:31pm Jul 22
Thank you for that, Greg, Alas, it has been explained differently to me. 🙂 Either way, I think it’s time we focus on bigger and better things than her “debt”.
Will Bower at 2:23pm Jul 22
Well, we’re just going to have to respectfully disagree on this one. As it has been presented to me, various fund-raising entities are playing chess with these numbers, in order to raise more funds (which is what they are in business to do). Gore, Kerry, Bill Clinton… ALL of these figures STILL have campaign debt in their name. Only a law suit can now prevent Hillary Clinton from placing her name into nomination (should she want to), and to that I say “Bring It!”.
Amy Petunia Politik at 2:30pm Jul 22
Will, are you saying that the DNC cronies cannot stop her from being properly nominated with an ensuing, legitimate roll call? We all have so many people in the mix, with so many agenda’s, it is becoming increasingly difficult to decipher the accuracy of what’s going on. Please advise, if you don’t mind.
I’m sure you will agree that those that are raising funds should be doing so under full disclosure. I surely don’t want to be duped!
Will Bower at 2:33pm Jul 22
You may already know most of this, but here goes:
300 delegates need to create a petition to nominate a candidate.
That candidate then needs to sign that petition.
The DNC can no longer use the “debt” scare tactic to keep Hillary and her delegates from doing this. The decision rests in Hillary’s hands.
If Obama then wants to pull an Alice Palmer on her, that is what we will have to fight… but it won’t be based on Hillary’s debt.
Amy Petunia Politik at 2:38pm Jul 22
So it’s not 175 delegates anymore? And all the letter writing, phone calls, etc. to the dels are now resting in their hands. Quite a dilemma they have, even the loyalists who speak with their careers, not their hearts. Well, the riot gear and tear gas are probably being ordered as we type……democracy in obama’s world.
GG at 2:57pm Jul 22
from what i know, will’s got this right. the only association between hillary’s debt and her name placed in nomination is a pre-convention negoitiating point between the two camps (ie. there is no official association).
the effort to pay down hillary’s campaign debt is focused on putting her in a strong starting position for the 2012 senate race or something else if she goes that way.
thanks to all PUMAs who are making a strong effort to help make this happen!
Amy Petunia Politik at 2:59pm Jul 22
greg, i never implied that hillary’s debt had anything to do with the nominating process. we’ve been working on this debt for quite some time now, to free her from her need to be obligated to him in any way.
thanks.
Will Bower at 3:10pm Jul 22
We should be -very- proud of our fundraising efforts! We -did- put her back in the black! We have shown our strength! This was *very* worth our time and efforts!
But now it’s time to focus on the delegates, and on getting Hillary to sign the petition. Our polling shows that the number of delegates needed is down to 165. That is very much within the realm of possibility.
2008 can be for HRC what 1932 was for FDR.
Amy Petunia Politik at 3:14pm Jul 22
yes, that fdr video is very compelling. heidi li discusses that convention in depth on one of her blog posts. if there were media outlets then, like there are now, i wonder what the outcome would have been. as for me, when this is over, no matter how things turn out, i’m determined to find the strength to lobby for the end to the media’s domination of public mind swaying.
For more on where Obama gets his money check out Bonnie Erbe’s article on Obama’s Fundraising Hypocrisy
http://www.usnews.com/blogs/erbe/2008/7/21/
http://heidilipotpourri.blogspot.com/2008/07/reasonable-question-asked-about-open.html
Heidi posted this on my question. You can go check it out on her blog.
Thanks, dakinikat. I’ve just read Heidi’s post and tend to agree with her. If OpenSecrets is using FEC filings, then there is no way they would have any data for July. So the date on their page is simply an error. Will Bower has been saying a number of times that we have paid off the debt, but without any corroborating evidence, I think that is dangerous. It keeps people from continuing to contribute. So I wish he would be more careful and when he makes public statements, verifies where the info is coming from. We don’t want people to stop giving.