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Tuesday, June 3, 2008
CLINTON EXPECTED TO END RACE TONIGHT: But it'll cost Obama millions.
From various published reports, it appears that the race between Senators Barack Obama and Hillary Clinton for the Democrastic presidential nomination is about to come to a merciful end.
We've also learned that part of the process calls for Obama to help payoff Clinton's campaign debt which is estimated to be between $20 and $40 million dollars.
Apparently, once that happens Clinton is prepared to step aside and put in place plans to endorse Obama. To that extent, it's being reported that she has asked her key donors and backers to be in New York city tonight where she is expected to make a speech to announce the above items.
The Huffington Post.com says "that Obama and Clinton spoke Sunday night and agreed that their staffs should begin negotiations over post-primary activities, according to reliable sources. In addition to seeking Obama's help in raising money to pay off debts, Clinton wants Obama to assist black officials who endorsed her and who are now taking constituent heat, including, in some cases, primary challenges from pro-Obama politicians."
“It’s not about the vice-presidency or any other position she might get. It’s about the money – in particular the Clinton family money,” a source close to a Clinton donor told the UK's Telegraph.
In other words, yes, it boils down to what you're thinking. If Obama wants Bill and Hillary Clinton's support in the general election, he'll have to pay for it. Literally.
FULL STORY....
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