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Barack Obama and his erstwhile Democratic opponent Hillary Clinton will be in New York City this week to host three fundraisers, with the joint purposes of getting Obama elected President and paying off Clinton's campaign debts. Get out those checkbooks because both will be pricey endeavors.
Two of the fundraisers will be held on Wednesday night. One will raise funds for the general election and the other will be to pay down Clinton's debts. It's widely viewed that Clinton finally ended her dead horse campaign after the Senators agreed to trade her political support for help in paying off approximately $10 million in loans she made to herself. The third fundraiser will be dedicated to Obama's campaign and will consist of Hillary supporters donating to the expected Democratic nominee.
The in-person fundraisers will be a throwback to traditional politics for Obama, who has raised enormous sums thus far via online contributions. The candidate recently declined to accept approximately $80 million in public financing of his campaign, in order not to be limited in other fundraising ventures.
Photo from the Associated Press
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I think this is rediculous. Has any other candidate asked for money after losing in history?
Obama's all for "change." I suppose he doesn't have to follow the regular protocol. It might help in party unity but I doubt it will. Some of the Obama supporters aren't donating to him anymore after learning that the money will be passed on to Clinton.
Yes. It's very common for same party condidates to help pay off the opponets bills after the convention.
[2] What are you talking about? Obama can't "pass on" his contributions to Clinton. That's against federal campaign financing laws. Almost all of his contributions were small ones from individuals anyway, not from ritzy affairs like these fundraisers. The people who go to these know full well they're donating some money to Clinton and they don't care.
"The people who go to these know full well they're donating some money to Clinton and they don't care."
Spiritof76 is correct. Most Democrats want to get on with this already. If that means paying off Clinton, well it's a bitter pill to swallow but, so be it. The main objective now is party unity and getting Obama into the oval office.
That said, after witnessing the McCain campaign in action, I am more confident than ever that Obama will be our next president.
Humm, I wonder what those early, young and naive Obama supporters who contributed small meager sums to his campaign feel about him now. No matter what he said, he's still a part of the political machine, and needs Clinton's supporters to win the election, and of course will have to "moderate" his views along the way. That includes helping his rival to pay off her campaign debt.
Young and naive supporters shouldn't expect the Iraq war to end anytime soon, gas to go back down and universal healthcare for all. Party unity is a farce, it has always been and always will be playing the others for your own gains.
"Humm, I wonder what those early, young and naive Obama supporters who contributed small meager sums to his campaign feel about him now."
Dude69,
I'm a young and early (though not naive) supporter of Obama and I'm feeling pretty good right now. The world won't be perfect if Obama wins, but it will be a hell of a lot better than if McCain wins.
#7 - good to know that at least you don't think rainbows will shoot out of the White House when and if Obama wins, unlike some first time primary voters who think Obama is the next Messiah.