Put the Clinton campaign on COD, Oregon businesses

Cash-strapped Clinton fails to pay bills

From the article:

Hillary Rodham Clinton’s cash-strapped presidential campaign has been putting off paying hundreds of bills for months — freeing up cash for critical media buys but also earning the campaign a reputation as something of a deadbeat in some small-business circles.

A pair of Ohio companies owed more than $25,000 by Clinton for staging events for her campaign are warning others in the tight-knit event production community — and anyone else who will listen — to get their cash upfront when doing business with her. Her campaign, say representatives of the two companies, has stopped returning phone calls and e-mails seeking payment of outstanding invoices. One even got no response from a certified letter.

Remember how some Oregon small businesses got dinged when Paul Allen dragged the Rose Quarter into bankruptcy? Don’t let it happen again…

4 Comments so far

  1. chris on April 13th, 2008 @ 1:01 pm

    http://en.wikipedia.org/wiki/Rose_Garden_arena_bankruptcy

    I’m not sure why you are comparing Paul Allen/Rose Garden Arena bankruptcy to the Clinton campaign accounts payable department. They are not even close to the same thing. Since I know people in the campaign and election industry, I can assure you, Clinton isn’t the only one that runs later than net30.


  2. Betsy Richter (betsywhim) on April 13th, 2008 @ 1:06 pm

    Read the rest of the article, Chris – there’s no way she’s going to have the money to pay off the debts she’s currently incurring. Not unless a lot of fatcat funders jump in ASAP.


  3. chris on April 13th, 2008 @ 5:19 pm

    yeah, read it in full. Again, comparing Rose Garden Arena bankruptcy to Clinton campaign is a mistake. She has $33 million in bank but can only spend $11 million on the primary. Is that fair? Maybe… but Rose Garden doesn’t have to play by those rules.


  4. daaaaave on April 15th, 2008 @ 10:11 am

    "Fair…maybe?"

    Chris needs to do some reading up on campaign finance laws.

    Regardless of the semantics at play here, Clinton is not paying her debts so she can stay solvent enough to run ads. She’ll wait until after she’s finally ejected from the race to start her "debt retirement", which is to say sell her influence to K Street’s highest bidders.

    It’s not uncommon or surprising. Hell, Clinton paid off 100% of Tom Vilsack’s campaign debt just to make sure he was firmly in her pocket in her attempts to win Iowa and put this race out of reach early on.



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