Senator Clinton Awash In Cash

April 1st, 2007

The initial leaks on Hillary’s first quarter fundraising results are hinting that she has raised $26 million dollars. That figure, plus $10 million left over from her senate campaign, leaves her far ahead of her Democratic opponents in the cash collection contest. Just to put her dollar total in perspective, in the last presidential contest, the first quarter results from the top 4 Democratic candidates combined was only $23 million. Hillary Clinton has set a fundraising record. What does this mean in political terms?

For starters, I think Hillary Clinton’s “exploratory” phase will quickly end, and become an official campaign with all the bells and whistles. She will continue to win the race for hiring top political operators to staff her campaign, as well as collecting endorsements. Finally, and perhaps most important, the vast sums raised by Hillary Clinton in only three months suggest that she is likely to raise more money than any likely Republican challenger in the general election, an unprecedented development for a Democratic candidate.

There remains another question. Is the saturation of the political process with cash, the majority coming from large contributors, healthy for American democracy? I doubt either Hillary or Bill Clinton have any comment on that.

Entry Filed under: Sheldon Filger, Author:"Hillary Clinton Nude"

2 Comments Add your own

1. Niles | April 1st, 2007 at 10:22 pm

We’ll see what Barack Obama raised, but if his dollar numbers are close to Hillary Clinton’s, it may weaken her position as frontrunner for the Democratic presidential nomination.
2. Tamara | April 3rd, 2007 at 12:09 pm

Does not Senator Clinton realize that money is the root of all evil, including politics? Hillary Clinton’s obsession with fundraising is a complete turnoff to voters who wish to reform our politics.