[cnn-photo-caption image= http://i.cdn.turner.com/cnn/2008/images/05/14/art.dean.gi.jpg caption="Howard Dean is the chairman of the Democratic National Committee."]WASHINGTON (CNN) - The Democratic Party has reached an unusual joint fundraising agreement with both its remaining presidential candidates, Barack Obama and Hillary Clinton.
The agreement, announced Wednesday, creates a new entity, the "Democratic White House Victory Fund" - a move which will allow both candidates to fundraise for the cash-strapped Democratic National Committee, and to help shoulder some of their primary and general election expenses. John McCain has already created his own Victory Fund with the Republican National Committee β but those funds are usually created after a nominee has been decided.
Obama and the DNC had come to an agreement several weeks ago.
βIn signing this agreement, Senator Clinton and Senator Obama are demonstrating their commitment to unifying our party and ensuring that we have the resources needed to win the White House, no matter who the nominee is,β said DNC Chairman Howard Dean in a statement. The message is clear. Democrats are unified to put a Democrat back in the White House so we can get our economy back on track, bring our troops home and finally do something about our ailing health care system."
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Filed under: Candidate Barack Obama • Hillary Clinton |
Notice the line "Obama and the DNC had come to an agreement several weeks ago."
Yes, Obama who has the fundraising capability to do so, has come to the agreement with them while Hillary stayed silent.
Hillary's only agreeing to it now in hopesthat she can borrow from it. After all, her fundraising efforts have been less than fruitful.
So they are starting - $20 million - in debt from Clinton??
Thanks Senator!
How can you run a country, when you can't run a campaign?
See? the coming together has already begun.
Now supproters on both sides can take it down a notch.
Lets have a hug and a cry....
And turn our attentions to defeating the republicans in November
LOL...man this women is good......but thats the Clintons for you...make thngs look like its all good when it really is not. Then once the world knows the truth..... then we the people have to clean it up.....like with the NAFA and voting yes on the war......We are still paying for this and at the same time trying to correct these problem and then here she comes with another big bill $20million that is...to pay of..... another Clinton bill.......and CNN has the balls to say the Dem's O's the Clinton something for all they did....and if you ask me looks like the Clinton O's not only the Dem's but America alot in return........
What you are really saying is that the Obama campaign and the DNC have reached a fundraising agreement. How is Hillary going to help? Isn't her campaign bankrupt?? I am confused!
thats what i am talking abotu UNITY!!!
How can 'Hillary Clinton' be a help to 'Victory Fund' while she is in 20 million dollars in debt at this moment. She is looking at 'Obama' helping her from primaries fund to bail her out of the deficit.
Her participation to make a success for 'Obama' to white house will be greatly appreciated if she compaigns for general election with 'Obama'.
A.M. Saqib
Houston, Texas
MORE NEW NEWS FROM: HUFFINGTON POST:
The Obama campaign has announced a "major national endorsement" for a rally tonight at 7pm in Michigan, and the rumor mill is swirling that it is none other than Sen. John Edwards. Time's Mark Halperin is teasing as much at his Web site, with a photo of Edwards and the text, "Ready to choose? Ready to hope?"
Edwards has certainly dropped some hints in recent days. He's chided Hillary Clinton over her comments about race, said he can't figure out how Clinton could ever win the nomination, and even said he planned to endorse the person he voted for in North Carolina's primary, using (it seems) the word "him."
This is a charade to save face for Howard Dean and the Democratic Party before the general election. Money what ?
Barack has this endless pipeline of money coming from some source and it smells. Barack needs money from the DNC like the Americans need another four more years of Bush as President.
Smart move, Howard.
I guess this is the price to be paid for Hillary's exit? A joint account to help retire her debts? Not my dime!
Sounds to me that the small ($10) monthly contribution that I was sending to the Obama campaign is now going to be shared with Hillary, the person I dislike and distrust. I am affraid this plan might cause some Obama donors to think twice before contributing to his efforts.
HILLARY, WE LOVE YOU. KEEP GOING HILLARY
USE WHATEVER IT TAKES TO WIN THE WHITEHOUSE – LIES, RACISM, CHANGE THE RULES, GENDER, WHATEVER.
OBAMA IS UNELECTABLE. HE CAN'T WIN.
SAVE THE DEMOCRATIC PARTY
HILLARY READY ON DAY 1 TO LIE AND CHEAT.
HILLARY'S COUSIN IS MUGABE- ZIMBABWE – THE ELECTION IS NOT FAIR UNLESS SHE WIN.
HILLARY ALL THE WAY
In general, for many reasons, Howard Dean needs to go. He is a disaster!
what a scam! this was just created to cover the Clintons HUGE DEBT with Obama's huge surplus. Well you know what? People who give their money to Obama are giving to OBAMA, not to Hillary.
This is good for the democratic party unity to take back the white house in Nov.
I'm not a Hillary Clinton supporter in any way, shape or form; but I suspect that her "choking up" this time might have been a reality surprise even to her. Chelsea cannot hide her adoration for her mother when she is in the audience or onstage. It literally shines from her face. So if Hillary doesn't win the nomination, which I hope she doesn't and it appears she won't, she will always have something some parents only dream of or get only from the family pet – unconditional love.
Obama shows he's committed to the party's overall good by agreeing to a joint fundraiser, which will help Hillary pay back some of her campaign debt.
Of course, Hillary supporters will only see this as a 'condescending' act by the arrogant Obama.
"...and to help shoulder some of their primary and general election expenses..."
So this is how the 20MM debt gets paid?
One more step in the closure process........