The contribution limits for individuals in the presidential primary race is $2300. This has been a problem for Hillary Clinton whose money primarily came from big contributions, and quite a number of contributors who hit the limit, and could not be hit up for more, versus Barack Obama, whose contributions came from more individuals in smaller amounts --- individuals he could go back to several times, with no fear of their hitting the limit.
Although there is a limit on contributions from individuals to a candidate, the big loop hole in the campaign finance laws is that a candidate can contribute unlimited amounts to his or her own campaign.
So when she was running out of money in February Hillary Clinton loaned her campaign $5 million, and with continuing fundraising difficulties, she lent another $6.4 million in trying to beat back Obama in Indiana and North Carolina.
Now please note there is a Second Loop Hole in the campaign finance laws - Candidates don't have to actually lose the money they put into their campaigns, they can simply LOAN the money as Clinton did, and PAY THEMSELVES BACK with later contributions.
With Clinton's poor showings in North Carolina and Indiana, the political pundits have all but written off her chances of winning the nomination, especially as the math is against her possibility of getting enough pledged delegates to close the gap with Obama.
Many pundits are debating as to just why Hillary is still campaigning so hard, when it appears her chance of victory is somewhere between slim and none.
The pundits talk about her future political career, possible vice president aspirations, and the possibility of behind the scenes deals with the Super Delegates, as being her motivation.
I believe you simply have to FOLLOW THE MONEY !
Hillary does not want to eat her contributions --- she wants other folks to pay the bill. After all, that has always been the Clinton Way !
By continuing her campaign, Hillary will continue to collect contributions. But future contributors should not be too surprised to find that instead of using their money to continue the campaign, it may just be going back to Hillary's pocket !!!
WHAT DO YOU THINK ? PLEASE LEAVE YOUR COMMENTS BELOW !