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Clinton, Obama Campaigns Spend $1M/Day

What can only be mock surprise from Associated Press:

Obama, Clinton big spenders

By JIM KUHNHENN, Associated Press Writer Thu Feb 21

WASHINGTON – One million dollars a day.

As Democratic Sens. Barack Obama and Hillary Rodham Clinton rushed from presidential contest to contest in January, that was how quickly they burned through their money.

On the Republican side, Sen. John McCain and Mitt Romney were spending a third as much

If the candidates maintain that level of spending heading into the crucial March 4 contests in Ohio and Texas, Obama is likely to have the financial advantage. Clinton was forced to lend her campaign $5 million and still ended the month with $7.6 million in debts. He ended January with $18 million cash on hand and about $1 million in debts.

The difference was Obama’s fundraising explosion in January. He raised $35 million for the primary; she raised $13 million…

Spending more than one million dollars a day campaigning never put food on the table for a hungry child.

Speaking of which, it appears that the Associated Press could not bring themselves to mention what the New York Times buried in their back pages:

Clinton Donors Worried by Campaign’s Spending

By MICHAEL LUO, JO BECKER and PATRICK HEALY
Published: February 22, 2008

Nearly $100,000 went for party platters and groceries before the Iowa caucuses, even though the partying mood evaporated quickly. Rooms at the Bellagio luxury hotel in Las Vegas consumed more than $25,000; the Four Seasons, another $5,000. And top consultants collected about $5 million in January, a month of crucial expenses and tough fund-raising.

Senator Hillary Rodham Clinton’s latest campaign finance report, published Wednesday night, appeared even to her most stalwart supporters and donors to be a road map of her political and management failings. Several of them, echoing political analysts, expressed concerns that Mrs. Clinton’s spending priorities amounted to costly errors in judgment that have hamstrung her competitiveness against Senator Barack Obama of Illinois.

“We didn’t raise all of this money to keep paying consultants who have pursued basically the wrong strategy for a year now,” said a prominent New York donor. “So much about her campaign needs to change — but it may be too late.”

The high-priced senior consultants to Mrs. Clinton, of New York, have emerged as particular targets of complaints, given that they conceived and executed a political strategy that has thus far proved unsuccessful.

The firm that includes Mark Penn, Mrs. Clinton’s chief strategist and pollster, and his team collected $3.8 million for fees and expenses in January; in total, including what the campaign still owes, the firm has billed more than $10 million for consulting, direct mail and other services, an amount other Democratic strategists who are not affiliated with either campaign called stunning.

Howard Wolfson, the communications director and a senior member of the advertising team, earned nearly $267,000 in January. His total, including the campaign’s debt to him, tops $730,000.

The advertising firm owned by Mandy Grunwald, the longtime media strategist for both Mrs. Clinton and Bill Clinton, the former president, has collected $2.3 million in fees and expenses, and is still owed another $240,000.

“Fees and payments are in line with industry standards,” Mr. Wolfson said. “Spending priorities have been consistent with overall strategic goals.”

But some Democrats are now asking if the money spent on a campaign that appears to be sputtering — $106 million so far — was worth it…

Over all, Mrs. Clinton has spent more than $35 million on media, polling and consulting. A comparison with Mr. Obama’s spending is difficult because of the ways the campaigns labeled expenses, but it appears he spent about $40 million in those areas.

In other notable expenditures during the lean month of January, Mrs. Clinton paid $275,000 to Sunrise Communications, a South Carolina firm that was supposed to turn out black voters for her and collected nearly $800,000 in total. She lost that state to Mr. Obama by a wide margin. Even small expenses piled up in January: the campaign spent more than $11,000 on pizza and $1,200 on Dunkin’ Donuts runs…

So that $1 million dollars a day was just Hillary’s media expenses. She is spending a lot more on her lickspittle minions consultants and high-living, it would seem. (After all, Huma has to get something out of all this.)

Of course as we noted almost exactly one year ago, the aforementioned $800,000 to Sunrise Communications was merely a thinly disguised kickback to a South Carolina state senator and “minister” who was supposed to get out the black vote for Mrs. Clinton.

He is probably a superdelegate as well.

Senator Hillary Rodham Clinton’s latest campaign finance report, published Wednesday night, appeared even to her most stalwart supporters and donors to be a road map of her political and management failings.

But she will be ready to be President on day one.

Still, don’t let any of this confuse you. As Chelsea constantly assures us, Mrs. Clinton is the most fiscally responsible person in the world.

Just wait until she gets her hands on the US treasury.

This article was posted by Steve on Friday, February 22nd, 2008. Comments are currently closed.

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