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Thursday, July 16, 2009

Hillary Clinton almost debt free.

Something called my attention in this article: "generated an additional $403,000 from bank interest and from the rent of its campaign mailing lists."

Although I am very happy to hear Ms Clinton is almost debt free, as a donor to her 2008 Campaign I am not sure I agree with having my name rented out to other politicians I might not like.

CNN ARTICLE:

Hillary Clinton is almost debt free from her failed bid for the presidency.
According to reports filed Wednesday with the Federal Election Commission, Clinton's 2007-2008 campaign for the White House is now only $1.5 million in the red. That's the lowest amount of debt her campaign has ever reported, and down from the $12 million she owed creditors one year ago.
Clinton's campaign also reports $2.5 million in the bank as of June 30, enough to pay all remaining outstanding bills. One year ago Clinton's campaign owed money to almost 500 individual creditors. Now it owes just one creditor, the political consulting firm of Penn, Schoen and Berland. Firm president Mark Penn was chief strategist to Clinton's presidential bid.
The campaign reports raising $541,000 in contributions the past three months and also generated an additional $403,000 from bank interest and from the rent of its campaign mailing lists. Among those renting the lists, the Democratic Senatorial Campaign Committee and the campaigns of Democratic Senators (continues here)

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