Clinton Faces Cash Crunch In New Hampshire

TIME:

Along with a change of her political fortunes as the result of her devastating loss in Iowa and dropping poll numbers in New Hampshire, Hillary Clinton's once-flush presidential campaign now faces a problem that few would have expected at this point: a sudden urgency to raise a lot of money fast.

With momentum against her and a battle plan that appears to be staking everything on the big and expensive states like New York and California that hold their primaries on February 5, Clinton's campaign is putting new pressure on its fundraisers to come up with the cash she will need to carry her through. "Clearly, by every measure, I hear they are in a real financial crunch," says one prominent fundraiser. "Here's the dilemma: You have a situation where there clearly is a full court press to raise more money, but considering the state of decline of the campaign, there's a real question of whether people are going to want to give. It's more than just raising money; you've got to give people a sense of potential."

Keep reading here.

Read here about John Edwards' adviser Joe Trippi prediction that Clinton's campaign is "on the ropes financially."

Read the whole story: TIME

Comments

[TheWinch]

According to http://www.cfinst.org/president/data/Pres08Q3Table2.pdf

as of Q3 filing, she had raised 75,036,928 to be used in the primary (plus another 10,013,560 from her Senate Campaign)

In Q4, she's said she raised about 20M total, so assuming the typical 75% primary ratio, that means she has raised 85M for the primary races.

At the end of Q3, she had 34,564,153 available to use on the primary (54% burn rate). It is reasonable to assume her spending in Q4 was much greater 4,496,975/month it was in the first 9 months.

Let's say it was 7 million a month in Q4 (as a comparison spendaholic Romney was 6M a month in the 1st 9 months). Then she'd be down to 28-29M in cash at the New Year.

Maybe that's OK to finance Super Tuesday. If not (or she had less on Jan 1), she could easily expect very little new funds this month. At this point in 2004, after Dean lost NH and IA, he only got 4M in the next month (and just 1M the month after that). If Clinton's new cash dried up to just 4M this month, that could be a huge problem.

Ron Paul likely had close to 20M in cash at Jan 1 and he said he needed another 23M to compete effectively thru Feb 5. This is in a Rep race that is cheaper than running against an Obama.

And you need the money well before the actual primary to make ad buys soon enough.

If I had to guess Clinton needs to raise at least 20 million this month. She's maxed out too many big wigs, probably has no more individual donors than Ron Paul and has a LOT less enthusiasm from her donors than Ron Paul. And I don't think even Ron Paul can raise 20M this month.

Yeah, I'd say she's in big trouble financially.

[LastDaysCafe]

Cash is no problem for the Clintons - all they have to do is do a little more sucking to their biggest funders,the Pro Israel Zionists.Bill or Hilliary can just call their billioniare pal and pardonee Marc Rich in Tel Aviv for another plane load of Mr.Rich's dirty money the Clinton's can easily launder in their so-called presidential campaign!

[Orikinla]

I have read most of the reports of the mainstream news media on their erroneous assumptions of the state of Hillary Clinton's campaign after the Iowa Caucuses, and they have only confirmed my conclusions on the hypocrisy of the mainstream media in the US. It is better and safer to rely on blogs for facts than the American mainstream news media.

He who pays the piper dictates the tune.

They are doing a very good job in their hypocritical analysis of the Democratic presidential candidates and frustrated two of the three best candidates out of the race and they are now going for the kill on the third. But if she does not give up, they will fail.

They have deliberately ignored Barack Obama's votes for war appropriations to fund the war in Iraq, allowing Washington to suspend the withdrawal of American troops from Iraq.
They have not questioned the corporate lobbyists backing Barack Obama.

"Obama voted for Bush's energy bill, sending more than $13 billion in subsidies and tax breaks to oil, coal, and nuclear companies. Obama voted with Republicans to allow credit card companies to raise interest rates over 30 percent, increasing hardship for families."
~ From a post on the Politics board of the Boston Globe Forum.

As Harper Lee said, America is an abundant society where people have laptops, cell phones, and iPods, but with minds like empty rooms.

Get the facts first before you rush to publish and perish the rubbish.

Separate the news from the gossip.

[Orikinla]

I have read most of the reports of the mainstream news media on their erroneous assumptions of the state of Hillary Clinton's campaign and they have only confirmed my conclusions on the hypocrisy of the mainstream media in the US. It is better and safer to rely on blogs for facts than the American mainstream news media.

He who pays the piper dictates the tune.

They are doing a very good job in their hypocritical analysis of the Democratic presidential candidates and frustrated two of the three best candidates out of the race and they are now going for the kill on the third. But if she does not give up, they will fail.

They have deliberately ignored Barack Obama's votes for war appropriations to fund the war in Iraq, allowing Washington to suspend the withdrawal of American troops from Iraq.
They have not questioned the corporate lobbyists backing Barack Obama.

"Obama voted for Bush's energy bill, sending more than $13 billion in subsidies and tax breaks to oil, coal, and nuclear companies. Obama voted with Republicans to allow credit card companies to raise interest rates over 30 percent, increasing hardship for families."
~ From a post on the Politics board of the Boston Globe Forum.

As Harper Lee said that America is an abundant society where people have laptops, cell phones, and iPods, but with minds like empty rooms.

Get the facts first before you rush to publish and perish the rubbish from rumors.

Separate the news from the gossip.

[ebbtide]

All those trillions of dollars spent on the war is result of the authorizaton, which
Clinton approved of, to give a stupid,lying, vacant minded idiot who cannot put two words together into a proper sentence and who speaks as if he is using his index finger to underline and read evey word of a speech he did not write, pronouncing "a" as the long "a" as if he were in kindergarten or first grade trying to learn to read, are spent on killing people and giving great fortunes to he corporate war profiteers-- and she approved.

[dryfactoidobotanoid]

hmm, kind of like how Hillary helped to waste trillions from the U.S. Treasury by authorizing Bush's war in Iraq.