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Obama Camp Didn’t Pay Off All Of Hillary’s Debt

From the Politico:

Bill Clinton asks for help with Hillary’s 2008 campaign debt

By BOBBY CERVANTES | November 28, 2012

Bill Clinton isn’t finished campaigning just yet.

Amid speculation that Hillary Clinton might make a run for the presidency in 2016, her husband is taking another swing at shrinking her lingering 2008 campaign debt, which totals $73,000 as of Sept. 30.

In an email to supporters Wednesday, Bill Clinton offered a chance to spend a day with him if donors chipped in to drive down his wife’s campaign debt before Dec. 6…

Since becoming the nation’s top diplomat, Hillary Clinton can’t involve herself in any campaigning, which has left Bill Clinton to help out with debt reduction…

So they are still violating the spirit of the law, if not the letter.

But, as we noted at the time, Bill Clinton only agreed to help Obama campaign and fundraise, in exchange for them helping to raise funds to pay off Hillary’s debt.

From the archives of the New York Times:

Obama Campaign Raises Money for Hillary Clinton

By NICHOLAS CONFESSORE
April 27, 2012

… Obama campaign officials have asked the president’s elite donors and fund-raisers to donate to Mrs. Clinton’s defunct presidential campaign committee, with the goal of retiring $245,000 in debt left over from her 2008 White House bid. As secretary of state, Mrs. Clinton is barred from engaging in political activity or actively fund-raising for herself.

People familiar with the effort said the campaign’s outreach grew out of discussions with Mrs. Clinton’s husband, former President Bill Clinton, who has agreed to headline a series of major fund-raisers for Mr. Obama’s presidential campaign, including one this Sunday at the Virginia home of Terry McAuliffe, a former chairman of the Democratic National Committee. Mr. Clinton has also been approached to help raise money for Priorities USA Action, a “super PAC” founded by former Obama aides that has had difficulty attracting donors

In recent days, Mr. Barzun and Jane W. Stetson, the national finance chairwoman of the Democratic National Committee, have both approached Obama donors seeking checks of $2,300 — the maximum allowable contribution in 2008 — to clear Mrs. Clinton’s debt. Ms. Stetson recently e-mailed members of the Democrats’ 400-person National Finance Committee seeking their help; they are the campaign’s elite “bundlers,” each committed to raising $350,000 for Mr. Obama.

To be fair it looks like the Obama fundraisers managed to pay down Hillary’s debt by $172,000. ($245,000 – $73,000 = $172,00.) So why not pay off the rest of the mealy $73,000? That is chump change to them?

Of course you have to wonder why the always bragging about their wealthy Clintons can’t pay off their own debts. But, then again, Democrats never pay for anything with their own money. It’s a matter of principle.

This article was posted by Steve Gilbert on Thursday, November 29th, 2012. Comments are currently closed.

7 Responses to “Obama Camp Didn’t Pay Off All Of Hillary’s Debt”

  1. This is the new definition of ‘chutzpah’. The old one was the child who killed his parents and then threw himself on the mercy of the court because he was an orphan.

    Tax records show the Clintons earning over a hundred million dollars for several years running, since 2000.

    These people are far worse than any welfare cheats. Everything they’ve done all their lives is about self-aggrandizement and enriching themselves at taxpayer’s expense. I would like them to reimburse us for their negligence in office when it came to dealing with Osama Bin Laden and Al Qaeda. If they had done their job, the world would be a far better place.

    That’s just for starters. They helped create Obummer.

  2. canary

    Steve, I remember Sweetness&Light posted a much earlier attempt of Clinton asking Obama to pay her campaign debt. It may have been in 2009.

    I think Clinton has more to barter with. Such as Hillary keeping her mouth shut when she writes her tell all if she isn’t elected 2016, or earlier if the darn Republicans would crack down on the Benghazi gate.

    I consider Clinton pointing his finger saying he did not have sexual relations with that woman who brought the little black dress to court harmless compared to the Obama’s administration cover-up of Benghazi.

  3. GetBackJack

    Grifters

    Above the law grifters

  4. captstubby

    Clinton becoming key Obama cheerleader
    Clinton delivered 54 paid speeches in 2011, roughly the same as his 2010 workload, but the marked increase in income can be credited to six overseas events that earned him the largest single paydays of his career.
    The most lucrative was a November speech in Hong Kong to Swedish-based telecom giant Ericsson — $750,000. Clinton also earned $700,000 for a March speech to a local newspaper publishing company in Lagos, Nigeria, and $550,000 for a November speech to a business forum in Shanghai, China. He earned $500,000 apiece for three events in Austria and Holland in May and in the United Arab Emirates in December.
    Prior to 2011, the most Clinton had earned from a single event was $525,000 for a 2008 speech in Edmonton, Alberta.
    The former president’s previous record for speech income earned in one year was in 2010, when he earned $10.7 million for 52 events. His speech earnings last year were nearly double the $7.5 million he earned in 2009.
    Almost half of the former president’s speech income last year, $6.1 million, came from 16 speeches delivered in 11 other countries, ranging from Canada to Saudi Arabia. The remainder was earned in 38 domestic speeches delivered in nine states and the District of Columbia.
    In 11 years as a private citizen, Clinton has delivered 471 paid speeches and earned an average of $189,000 per event. He has visited 27 states, as well as the District of Columbia and Puerto Rico. His popularity on the international lecture circuit has taken him to 52 countries, where he has earned roughly $51 million. Last month, Hillary Clinton traveled to her 100th country as the nation’s top diplomat, which likely makes the Clintons among the most well-traveled couples in the nation.
    The former president’s most popular destination outside of the United States has been Canada, where he has participated in 58 paid events for a total of $9.9 million, followed by the United Kingdom, where he earned $3.2 million for 16 events, and Australia and Mexico, where he delivered 13 speeches apiece for $2.3 million and $2.8 million, respectively. Clinton also has delivered 11 speeches each in China and Germany for $3.0 million and $2.5 million, respectively.
    Within the United States, Clinton has spoken at 66 paid events in New York, 41 in California, 28 in Florida and 18 in Las Vegas.
    Clinton’s annual earnings from speeches have varied from year to year depending on his schedule and availability. He gave only six paid speeches for $875,000 in 2004, when he spent much of the year writing his memoirs and recovering from heart bypass surgery.
    His $13.4 million haul from 2011 more than doubles the $5.7 million he earned in 2008, when he spent half the year campaigning for his wife’s unsuccessful presidential bid. That year, Hillary Clinton loaned her presidential campaign a total of $13.2 million out of the couple’s personal funds. The Clintons ended up eating the cost of that loan because the campaign was unable to repay the amount by the deadline required by federal campaign finance laws. However, since Hillary Clinton suspended her presidential campaign on June 7, 2008, her husband has earned $36.3 million in speaking fees for 162 events, canceling out the impact of the loan by almost three-fold.
    Clinton was an elected official on a fixed government salary for all but two years from 1977, when he took office as the Arkansas attorney general, until leaving the White House in January 2001.
    “I never had any money until I got out of the White House, you know, but I’ve done reasonably well since then,” said Clinton of his earning power at a 2010 forum in Cape Town, South Africa.
    When President Barack Obama first nominated then-Sen. Hillary Clinton to his cabinet in December 2008, the former president agreed to a number of steps to guard against possible conflicts of interest that might arise from his various post-presidential activities. In particular, he has agreed to allow State Department and White House ethics officials to review his slate of proposed speaking engagements.

  5. captstubby

    Former Presidents Act –
    The Former Presidents Act (known also as FPA) (3 U.S.C. § 102) is a 1958 federal
    law that provides several lifetime benefits to former presidents of the United
    States.

    Before 1958, the U.S. federal government provided no pension or other retirement
    benefits to former United States presidents. Andrew Carnegie offered to endow a
    US$25,000 annual pension for former Chief Executives in 1912, but congressmen
    questioned the propriety of such a private pension. Legislation introduced that
    year to establish a presidential pension failed. In 1955 former President Harry
    S. Truman’s limited financial resources for an office staff prompted legislation
    to provide benefits to former presidents.
    When the Former Presidents Act took effect, there were two living former
    presidents: Herbert Hoover and Truman. Dwight D. Eisenhower was the first
    president to fall under the act upon leaving office.
    By law, former presidents are entitled to a pension, staff and office expenses,
    medical care or health insurance, and Secret Service protection.

    The Secretary of the Treasury pays a taxable pension to the President. Former
    presidents receive a pension equal to the pay that the head of an executive
    department (Executive Level I) would be paid, as of 2012 $199,700.
    The pension begins immediately after a president’s departure from office. A
    former president’s widow may be paid a lifetime annual pension of $20,000 if she
    relinquishes any other statutory pension.

    Transition funding for the expenses of leaving office is available for seven
    months. It covers office space, staff compensation, communications services, and
    printing and postage associated with the transition.

    Private office staff provided by the Administrator of General Services and
    funds. Persons employed under this subsection are selected by and responsible
    only to the former president for the performance of their duties. Each former
    president fixes basic rates of compensation for persons employed for him (or
    her), not exceeding an annualized total of $150,000 for the first 30 months and
    $96,000 thereafter.

    Former presidents are entitled to medical treatment in military hospitals; they
    pay for this at interagency rates set by the Office of Management and Budget.
    Two-term presidents may buy health insurance under the Federal Employees Health
    Benefits Program; a GSA legal opinion ruled Jimmy Carter and George H. W. Bush
    ineligible.
    Former presidents were entitled from 1965 to 1996 to lifetime Secret Service
    protection, for themselves and spouses and children under 16. A 1994 statute,
    (Pub.L. 103-329), limited post-presidential protection to ten years for
    presidents inaugurated after January 1, 1997.Under this statute, Bill
    Clinton is entitled to lifetime protection; George W. Bush, Barack Obama and all
    subsequent presidents are entitled to ten years’ protection.

  6. The most deeply sickening thing of all is the complete acquiescence of the American people to this disgrace. Clearly, the crypto-Marxists are just fine having their own elites gorge themselves at the public and private trough. It’s the “greedy capitalists” and conservatives that must be destroyed.

    This is upside down. The great benefactors of art and civilization have always been wealthy private individuals who had the good judgment to pay Michelangelo, DaVinci, Wren, Rembrandt, Bernini, Handel, Haydn, Mozart, Beethoven, and Brahms. Wealthy men like Medici, Emperor Joseph of Austria, Astor, Morgan, Carnegie, Frick, Eiffel, et al.

    Civilization dies when governments take over.


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