JUSIPER
Friday, March 21, 2008
Clinton lied about her cash
But then, truthtelling has hardly been a Clinton habit of late:
So... she raised not 35 million but 19, most of which she couldn't even use.
Clinton’s true fundraising take in February was far less, almost by half.
The Los Angeles Times reports, after scouring Federal Elections Commission (FEC) reports that Clinton’s, uh, creative math, included “$10 million from her Senate campaign account and a $5-million personal loan.”
The Associated Press digs deeper into the numbers (the February filing reports came in yesterday) and notes that most of the $19 million that Clinton did raise in February was either offset by unpaid bills or was “general election” money (what big donors, lobbyists and PACs that have already given the maximum $2,300 to the primary campaign then give to a fund that can only be used if the candidate becomes the nominee).
The fact that so much of Clinton’s money is in that “general election” category that can’t be spent also betrays the candidate’s claim, above, that her fundraising was boosted significantly by donors of “five, ten, fifteen dollars.” Small donors never give (and are never asked) for the general election campaign: that category is for the fat cats (who can now give to Clinton with increasing assurance that their money will have to be refunded, by law, when she doesn’t win the nomination).
So, what’s really been going on is a big game of mirrors-and-smoke in which unquestioning journalists have played along or been used.
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