February 6th, 2008
10:30 PM ET
14 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. RW

    I think all campaign staffers should work for no pay. Everyone knows they're not in it for the money anyway. They're in it for the possibility of future appointments as adminstration bureaucrats.

    Hillary should look at the Replublicans. They've proven that money cannot buy an election.

    February 6, 2008 07:26 pm at 7:26 pm |
  2. TR in CO

    Just like Romney, Hillary will soon learn that you can't "buy" the presidency.

    It's pretty telling that she had to dig into her own pocket just before super tuesday, when at the same time Obama's fundraising is breaking all the records.

    February 6, 2008 07:26 pm at 7:26 pm |
  3. LisaMpls

    There are nasty comments from Obama supporters all over here, and they stray very far from supporting their candidate. Rebecca, I don't know what you're reading, but I think you're a bit crazy to suggest us Hillary supporters are all paid by her to say the same thing day in and day out. I'm pretty sure your candidate is the one who's supporters just repeat "yes we can" and "change" and "unity" while at the same time completely blasting Hillary and all of us Hillary supporters...essentially dividing us all. I will vote for Obama because he is still better than McCain, but many of my fellow Hillary supporters will not. It works both ways, so stop thinking your candidate is so perfect.

    And Brian, please don't question Obama's ability to be President by bringing up bad stuff that (a) we already know about and/or (b) isn't 100 percent true. It gives us Hillary supporters a bad name. Thanks.

    February 6, 2008 07:26 pm at 7:26 pm |
  4. Lisa, NC

    Hillary is the answer for our country if we can teach our men not to be intimated by her brains and strength. Obama is probably a nice guy but way too inexperienced to make the changes we need. He already is trying to back away from any one on one debates with her as he knows he has nothing tangible to offer other than the one liners, Change, Movement, etc. Its sad that many of the very people who are supporting him (poor young blacks and whites) will be left emtpy handed because he does not have the ability to make the very changes he so blatantly is spouting. All you have to do is look at his record in the senate to see that he is afraid of taking a stand. Hillary may not be perfect but she is the best this country has. And for all of you uninsured people, you can bet if Obama or McCain gets it you will remain uninsured.

    February 6, 2008 07:27 pm at 7:27 pm |
  5. Bob

    Loaning large amounts of her own money to her campaign? Here's hoping she becomes the Mitt Romney of the Democratic Party.

    February 6, 2008 07:28 pm at 7:28 pm |
  6. Get real

    Why do you have to play on the heart string of the dolts that follow you? I will gladly pay you tuesday for a .....

    February 6, 2008 07:29 pm at 7:29 pm |
  7. Jack

    Bill Clinton in Iowa Dec 24, 2007

    "They say you couldn't stop me from spending all the money I've saved over the last five years on Hillary's campaign if I wanted to, even though it would clearly violate the spirit of campaign finance reform."

    February 6, 2008 07:29 pm at 7:29 pm |
  8. Sorry

    Some Clinton staffers going without pay.

    How can we expect this lady to run the country she can't even keep up with her campaign finances control her husband or stop crying.

    February 6, 2008 07:29 pm at 7:29 pm |
  9. matt

    Hillary voted for the war in Iraq. No sexism there.

    Obama saw the BS from the beginning. That's good judgement.

    Listen, if you vote for Clinton, we'll get McCain as president. And we'll be in Iran by 2010.

    So don't screw over America, Clinton supporters.

    February 6, 2008 07:30 pm at 7:30 pm |
  10. jm24

    She said on Letterman Monday night she had 100 Million !!! Is this another lie??
    And how come no one is reporting the Obama actually got MORE delegate votes than she did last night ?? It's true, check it out for yourself.
    I donated again to Obama last night, right after his wonderful speech.

    February 6, 2008 07:30 pm at 7:30 pm |
  11. George

    She should take some of that money and do something about her weight. A face lift might also help. She couldn't keep tabs on Bill the last time in the White House. Of course this might be the first time she has been in control. I think Dr Phil is amused.

    February 6, 2008 07:30 pm at 7:30 pm |
  12. anonymous

    Good for her! If you believe, you can achieve, but you need to DO the work like she has, not TALK ABOUT doing the work, like Barack has. I donated today! GO HILLARY!

    February 6, 2008 07:31 pm at 7:31 pm |
  13. Vivian

    For all the Obama fans which is what you are because this is a race which appears more like a celebrity watch than a political one. Since when does inspiration handle the real issues. Since when does speeches from Obama about change but no substance or meat to them mean he's ready to make change happen? Where's his plan??? Or does he need to have Ted Kennedy or John Kerry speak for him or wait what about Oprah, Carolyn or any number of other "celebrities" to speak for him. Do you people not watch the debates with open eyes. He never answers any of the tough questions and it's easy to say you didn't vote for the war when you've taken the easy route of a "present" vote on many issues. People wake up! Obama doesn't have the experience or know how to take on the tough issues. And as far as needing money – why should he raise any more dollars when he has CNN giving him free air time every chance they can get. Shame on you Wolf!
    Hillary is the only one who's taken on the tough issues. Most of her career has been working to help the poor, children and families. What has Obama done? Do some research on Obama and you'll find he's not as great as everyone would like to portray him to be. And while you're at it look into Michelle Obamas past as well. She's taken her fair share of money from the poor without having to do very much if anything. Does he not have to be held to the same standards as any of the other candidates? I didn't realize the presidency was a popularity contest in which it's easy to have other people do the talking for you.
    Hillary is being attacked because she's a strong, smart women like many working mothers today. Wake up America! Like it or not this is the year for Hillary to be president. Might I add she hasn't done such a bad job with Chelsea either. She's an inspiration to us all.
    Hillary for President!!! We Love You and You Inspire Us. Keep on Fighting!

    February 6, 2008 07:31 pm at 7:31 pm |
  14. Invisibelle

    Heads up Obama-heads...count the votes for the red states Obama won, then count how many voted in the republican primary in those states. If he wins the nomination we get another 4 years of a republican because those states will NEVER vote for him in November....get a grip! We need a Clinton/Obama ticket and stop the bickering, do the math.

    February 6, 2008 07:33 pm at 7:33 pm |
  15. Beth

    John Kerry loaned himself money and he won the nom

    February 6, 2008 07:37 pm at 7:37 pm |
  16. carol

    I just donated to Hillary.

    February 6, 2008 07:45 pm at 7:45 pm |
  17. Vince in NC

    If Obama can win some of the red states he's sure to win the Presidency, unless you actually believe that states like NY or CA would rather vote Republican.

    February 6, 2008 07:49 pm at 7:49 pm |
  18. John, Las Vegas, NV

    It's not a loan, it's an investment. How many tens of millions has Bill made on speaking tours, and payments from Kazack dictators on oil deals, and millions from Saudi princes since he left office. $30 million? More? Who knows. Take that and double it for Hillary after she leaves office and goes out again to do "public service." $5 million is chicken feed compared to what she stands to reap later.

    February 6, 2008 07:49 pm at 7:49 pm |
  19. shanee for Obama

    As a recent college grad, my critical thinking skills are still pretty intact–Hillary is in trouble–and thank goodness. the time for change is now. move over. Down with the Clintons.

    February 6, 2008 07:50 pm at 7:50 pm |
  20. Tammy

    Someone with 35 years of experience and with such a wondeful message shouldn't have to loan their campaign money. And if she really believed in what she was doing and had faith in her candidacy, she would just give the money to her campaign. What she is doing is looking to voters to reimburse her. It's distasteful that someone that is a mulit-millionaire would be begging for dollars from the avg. man. No, again, she would just give the money and give even more than that if needed. But, no she wants your votes and your money. People have been financing their own campaigns since the beginning of time. Sometimes they lose, sometimes they won. The point is, they didn't go asking people to send them money knowing they were sitting on a fortune while everyone else (at least her base) is struggling. Tacky and greedy. Wanting to keep what is hers and have voters pay her to get a job she wants!

    February 6, 2008 08:06 pm at 8:06 pm |
  21. jeffrey

    I'm a republican voting for Obama. I hope he leaves his skid marks all over Hillary

    February 6, 2008 08:06 pm at 8:06 pm |
  22. Philip

    I tithe my paycheck to Hillary every two weeks!

    February 6, 2008 08:07 pm at 8:07 pm |
  23. Paul, Atlanta

    Vince, you must be kidding me. Can Obama win in the red states in the general election? Hillary just did in Florida. The seniors overwhelmingly voted for the her. The reat change. Unlike Obama.

    February 6, 2008 08:07 pm at 8:07 pm |
  24. $4 Million today Alone 4 Obama

    I received a email from David Plouffe, Obama's campaign manager, with this information and he is challenging people like me to match that $5 million.

    Results – since the polls closed yesterday, Obama has raised more than $4 Million. The people are speaking with their dollars (including mine) and we will win.

    Go Obama!

    February 6, 2008 08:08 pm at 8:08 pm |
  25. Basquale

    Today during a news conference, she made her bluntest comments to date when she was asked whether Mr. Obama had an organizational advantage that proved itself in the caucuses.
    “Well, you know, caucuses historically draw the most activist members of a party,” Mrs. Clinton said. “And that’s fine. But they aren’t the most democratic way of letting people express their preferences. Primaries are far more democratic,­ small ‘d’ democratic.”
    She said she thought her husband, the former president, had never won a caucus. “I am more interested in what happens when a large number of people get to vote,” she said. “They get to vote all day. They don’t have to show up for two hours between _ or they can’t if they’re working. I prefer primaries. I’ll just be really honest with you. I think a primary gives people a much better idea of what we have in a general election. And very often, caucuses have driven candidates to one side or the other.”

    February 6, 2008 08:08 pm at 8:08 pm |
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