Thursday, 02.07.08

Senator Clinton's generous donation

by Flickr user Marcn under a CC license

Senator Clinton writes her own campaign a check for $5 million.

Politics has been good to the Clinton family. It has certainly been good for the Clinton family's wallets. Had Hillary and Bill Clinton never entered long, grueling careers in public life, it's easy to imagine that they would have become quite wealthy. But would they have somewhere between $10 and $50 million? And would they have nearly as many generous friends, willing to open their hearts and their homes and their wallets at a moment's notice? So when Senator Clinton loans her own campaign a tidy sum, perhaps it is best understood not as an act of desperation -- there is every reason to believe she will win the Democratic nomination -- but rather as a sound investment. While $5 million is an extraordinary sum for mere mortals, a Clinton restoration all but guarantees that it will be repaid comfortably and quickly, especially since her campaign was never really in dire financial straits. Don't cry for me, Chappaqua.
— Reihan Salam

Filed Under: 2008, Clinton, Democrats