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Reply #160: I clearly understand how this works much more than you do. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
onenote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-07-08 11:47 AM
Response to Reply #153
160. I clearly understand how this works much more than you do.
Edited on Thu Feb-07-08 11:55 AM by onenote
Let me walk you through it. Money is constantly flowing into and out of a campaign. Debts are being incurred -- television time is not paid for the day the ads are run -- its billed, as are most expenses, like rent, posters, advertising production. So on any given day, there is money coming in and money going out and new expenses being incurred. Clinton "lends" (more accurately, "advances") the campaign $5 million. That money is co-mingled with the other money already in the campaign coffers and with money going out. When payments are made, they are made in money -- not special dollar bills with "loan" written on them. Just plain old checks from an account funded from various sources. At some point, may be sooner, maybe later, one of the expenses that gets paid from the campaign's account is used to pay back the loan/advance.

Money if fungible. I know that this was pointed out to you before, but apparently its too complex a concept for you to grasp.

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