» Obama and Clinton Raise Funds

Obama and Clinton Raise Funds

Ever since Hillary Clinton withdrew from the race, Barack Obama has not been alone on the campaign trail. Obama’s former rival has been frequently sighted with the presumptive Democratic presidential nominee. This week alone she was at two New York City events to raise funds for Obama. The Illinois and New York senators united Wednesday night at the Loews Regency Hotel, where 125 people donated over $4.1 million. They made an encore the next morning in the New York Hilton, at a women’s event that raised over $575,000. It’s not as if it’s Obama that needs help. Clinton stands to gain from the fundraisers, ridden with debts as she is. (As of May 30, Hillary had accumulated $22 million in debts, due on the Denver Democratic National Convention this August.) Earlier, before trooping to Loews, Obama had explicitly asked donors at the New York Hyatt fundraiser to help Hillary retire her debt. In truth, Obama knows he would do well not to snub Clinton; their primary race had already been too divisive for Obama’s good. If Obama still wants to cut into Clinton’s fan base, he better play this show of symbiosis by ear. In any event, there is no doubt that Obama trumps everyone else regarding campaign moolah. He is historically the first presidential nominee not to have relied on public financing. Meanwhile, Clinton must hold on to that plastic smile a little longer — either until her debt is retired or if she becomes Obama’s running mate.

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