February 6th, 2008
10:30 PM ET
7 years ago

Clinton loans herself $5 million

NEW YORK (CNN) — Democrat Hillary Clinton loaned her presidential campaign $5 million in January, the New York senator said Wednesday.

"I loaned the campaign $5 million dollars from my money," she said at a press conference at her Arlington, Virginia headquarters. "I loaned it because I believe in this campaign and I think the results last night proved the wisdom of my investment."

Earlier Wednesday, Clinton spokesman Howard Wolfson confirmed reports Clinton had lent her campaign money in January, and said "The loan illustrates Sen. Clinton's commitment to this effort and to ensuring that our campaign has the resources it needs to compete and win across this nation."

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Filed under: Hillary Clinton
soundoff (474 Responses)
  1. Isabella

    Maybe Obama should give some of his Rezco millions to Hillary-oh, never mind-she wouldn't sink that low.

    Go Hillary-you will prevail!!!

    February 6, 2008 06:51 pm at 6:51 pm |
  2. john burns

    Unfortunetly people in america vote for who they'd like to go to a bar with, instead of who's really competent and talks of issues. That's what got Bush into office... sad state of the Union.

    I'm tired of hearing "change" cramed 500 times into every speech and getting nothing out of what is said.

    Clinton for president!!!

    February 6, 2008 06:51 pm at 6:51 pm |
  3. Lovely

    Wow!!!!!!!From these comments Obama is doing such a great job of bringing this country together.

    February 6, 2008 06:51 pm at 6:51 pm |
  4. RSP

    White men voted overwhelmingly for Obama. Threatened by a strong woman, perhaps?

    Hillary's support in California came from older women, Asians and Hispanics.

    Why? Well, Asians and Hispanics have something in common-their culture has respect for strong women. They also respect age-instead of our youth based white American culture that likes only new, shiny things (i.e., Obama). They believe age brings wisdom.

    So thank heavens for Asian and Hispanic voters, who have more sense than most of the white males on this forum who are obviously threatened by strong women (and can't even spell!)

    February 6, 2008 06:52 pm at 6:52 pm |
  5. john

    what a deal the clinton machine can't raise enough money so hillary loans them money lol who pays back the loan wish i knew what the president makes a year multipled x 4 sounds like a high risk loan to me

    February 6, 2008 06:52 pm at 6:52 pm |
  6. Trey

    Humm – well I just contributed another 25 to Obama – He asks – we give – we believe. The old fashion way is to go to your voters to ask for help – she can't because if you vote for her you expect government to do stuff for you instead of doing things for yourself – just two different approaches

    February 6, 2008 06:52 pm at 6:52 pm |
  7. Billie

    Too bad Hillary doesn't have billionaire Oprah giving her money. Hopefully she'll find her own money machine just like Obama. Go Hillary...

    February 6, 2008 06:52 pm at 6:52 pm |
  8. Get real

    "Her Money" wink* wink*. Sure it was?

    February 6, 2008 06:54 pm at 6:54 pm |
  9. hkitty

    We're donating more to Hillary! Hillary supporters donate, donate, donate!!!!

    February 6, 2008 06:54 pm at 6:54 pm |
  10. ha

    proud caifornian, i think you're a bit...off. i'm not sure how obama can see america as "black and white" when he himself is biracial – surely he of all people knows how insignificant "race" is.
    and you claim that the fact hillary is using her own money is a reason to elect her. really? because from what my eyes are seeing, the 5 mil is a "loan". in other words, you poor saps will all come together to scrounge up a few bucks and only when your donations equal 5,000,000.01 will one cent of it go into her campaign – the rest is going into her pocket. if she was using her own money, then it wouldn't be a loan. this is just to keep it afloat because she realizes that she can't just sit back and rest on the reservoir of clinton supporters that have been in place since the 90's. she might actually have to *gasp* visit a state and try to win votes from scratch instead of going to places like california a.k.a "clinton country" and doing "black church tours". and those church tours are just another example of how clinton – not obama – is the one who views america as black and white.

    February 6, 2008 06:54 pm at 6:54 pm |
  11. citizen

    Isn't this suppose to be a government of the people? Why then is political office bought and sold? If there was a set amount of money that could be spent for any office in an election cycle (last election to the next one) maybe then the rest of us could become the millionaires her and Bill did after their White House stint.

    February 6, 2008 06:56 pm at 6:56 pm |
  12. Rebecca

    I actually don't think she really has that many supporters, just big business that contribute big donations.

    I honestly believe that she has paid trolls working on her campaign spewing the same propaganda all over the Internet.

    In Obama and Edwards supporters you notice a difference in views and opinions but overall they support their respected candidate.

    Clintons supporters keep spewing the same mantra everyday the whole day it's like a Memo that's being delivered every morning.

    Sometimes I wonder if I'm watching Fox News when watching her supporters.Right she's willing to go to Fox for a debate I mean after all Murdoch endorsed her..GOD ARE AMERICANS BLIND????

    Great point made by someone who said spending millions for a $400,000 a year job!! Hmmmm I'm sure she's thinking her investment will give her some return plus interest if she's elected.

    February 6, 2008 06:56 pm at 6:56 pm |
  13. KAD

    I just contributed for the first time to a Presidential Candidate. I am young, idealistic, and believe in Hillary. While most people are blindly following to Obama, I support a candidate with substance. While I like Obama, this is not a popularity contest, it's the race for the most imporant position in the Free World.

    Hillary, I believe in you!

    February 6, 2008 06:56 pm at 6:56 pm |
  14. Anatoly Likhatchev

    > The Clintons are running a campaign, Obama is leading a movement.

    There's a fine distinction between a movement and a cult! We know what Obama's support base is shaping out into.

    February 6, 2008 06:57 pm at 6:57 pm |
  15. CA

    I just donated $25 to the Obama campaign. I hope millions more do the same.

    February 6, 2008 06:57 pm at 6:57 pm |
  16. h hostetler

    Today ,the degree of Hillary Clinton’s win in New York is at least somewhat effected by the largely confusing and archaic party registration rules of New York State.
    I , personally , was denied the right to vote in the Democratic Primary. I have never been interested in primary voting in New York before. At some time, many years ago I had checked “independent” on my original voter registration. I did not know that this would ever have any implication in my future.
    Today is the first time I have attempted to vote in the New York Primary.
    Barack Obama is a truly inspiring and unique figure in politics. I became a volunteer and sent my registration in as a Democrat. It was received by the party in November 2007.
    However, election law in New York stipulates that the deadline for a “ change of affiliation” was October 26,2007 for the February 5 , 2008 primary. I didn’t even know ”independent” is a party affiliation.
    I was unaware of this rule until I arrived at my polling place today. I was not allowed to vote.
    I know I am not alone in this. I met two other voters today , just at my polling place, in my very small town, in a span of ten minutes, who were also denied their voting rights this way.
    I think there are many people, who have had their interest and hopes sparked by Barack Obama, who could not place their votes for him today. The real shame in this is how much it discourages the true spirit of democracy , and supports the stagnation of old school party insiders and cronyism.
    To add to the confusion, every state has their own rules. My family in New Jersey was able to vote today , under similar circumstances. National primarys should have national and well known standards. I feel truly disappointed today, and doubt the accuracy of our primary election process.
    Sincerely,
    Hillary Hostetler
    Croton on Hudson, New York

    February 6, 2008 06:58 pm at 6:58 pm |
  17. TF

    I think I will place the blame on CNN for overhyping this story.
    There is nothing wrong with running out of funds.
    In fact the good thing about this is that it puts to nought all the funny stories people have spread about the Clintons having some unlimited money sources from corporate America.

    It shows how commited she is to this race.

    The problem with y'all is that either way she is wrong. If she folds her hands and refuses to loan some money, you will say she is not commited to the cause. There is a saying ' Put your money where your mouth is'. John Kerry had to do that in 2004 when he was running.

    Up Hillary '08

    February 6, 2008 06:59 pm at 6:59 pm |
  18. William

    This question goes to voters of Arizona. This state is inundated with illegal immigrants, perhaps more than other states of the country. Senator McCain has been representing this state for 25 years. He did nothing to close state’s border with Mexico. Why people of Arizona kept reelecting this man to the senate, and now voted for him in presidential elections?

    February 6, 2008 06:59 pm at 6:59 pm |
  19. Amy in Washington

    Tough luck, Hillary. I'm sending my donation to Obama!

    February 6, 2008 07:00 pm at 7:00 pm |
  20. Billy Bleu

    If Obama wins the nomination then this stupid democrats will get just what they deserve! Another failed Presidential bid!!! If Obama win's the nomination I will surely vote for McCain. I will take experience over the whole "I have a dream" routine!!!

    It's either Obama ( I have a dream ) or Clinton/McCain ( I have a plan ) . The PLAN will get my vote, not some stupid dreamer!

    February 6, 2008 07:01 pm at 7:01 pm |
  21. teri

    How is this "loan" repaid? Why is it even allowed? She has 8 years as an elected official. However, Obama has 12 years as an elected official. I guess you could say he doesn't have the same amount of experience in sleazy deception as Hillary does. After 8 years of Bush what a relief. Yes, we can!

    February 6, 2008 07:01 pm at 7:01 pm |
  22. Susan

    270,000 individuals donated $32 million to the Obama campaign in January. How many votes will Clinton get with her $5 million?

    February 6, 2008 07:02 pm at 7:02 pm |
  23. new jersey

    guess what? REZKO GAVE BOTH CLINTON'S CAMPAIGN MONEY ALSO. look that up. only difference is, obama made public recognition that it was a stupid thing to do...

    February 6, 2008 07:02 pm at 7:02 pm |
  24. Bulu, Lafayette, Indiana

    Those who want the Bush tax cuts to be renewed, please vote for Obama. I am one of those. Thanks to Kerry and Kennedy!

    February 6, 2008 07:02 pm at 7:02 pm |
  25. Me

    All of you Obama supporters, good luck in November. I am voting Republican for the first time.

    February 6, 2008 07:03 pm at 7:03 pm |
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