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SIRENED: Dirty Politics,Cleaned

Why Does Obama Owe Hillary Money?

by Alex on June 27th, 2008

moneyLast night Barack Obama and Hillary Clinton appeared together at a fund raiser, not for his campaign though, to re-pay her campaign debts. Obama announced that he had personally written a check for $2,300 in honor of Mrs. Clinton’s unsuccessful do whatever the hell it takes to become the most powerful person on the planet run.
You certainly have to question the motives of a person who finances so much of their own money (20 million) for a run at the presidency (also see Mitt Romney). But you know, if you lose, and you championed your campaign as that of working class people, why ask them to pay back your loans?

The loans were a business investment that didn’t pay off. If Hillary won, the loans would be re-paid and while the office of president doesn’t pay millions, it certainly has its perks and the job of former president pays very high dividends (see Bill Clinton and his speaking engagement fees). Anyways, you can go to HillaryClinton.com to help them in their time of economic crisis.

photo credit: flickr

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POSTED IN: Barack Obama, Hillary Clinton, Politics, Presidential Race, Sirened

2 opinions for Why Does Obama Owe Hillary Money?

  • Ryan Rodriguez
    Jun 27, 2008 at 11:15 pm

    Alex,

    I never thought of the financial issues of a candidate should they be defeated. We rarely hear of such events post nomination. And it’s enlightening to hear someone with the same idea as myself. I feel that campaign financing should be seen as a financial investment. You lose politically, you lose financially. Thanks for your info. Continue to keep us informed.

    Sincerely,

    Ryan M. Rodriguez

  • Alex
    Jun 30, 2008 at 8:30 pm

    Thanks a lot Ryan! Comments like that are much appreciated, let’s me know people are engaged, and I especially like it when people agree with me! lol

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