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Dick Morris explains how Hillary’s latest scandal works.
There was a fund-raiser for her that cost $1.1 million. The rules are that Hillary’s campaign had to pay 40 percent of that, which would be $440,000. Ber campaign-finance director, David Rosen, incorrectly claimed that the fund-raiser only cost $400,000, and that greatly reduced the amount Hillary had to pay. Per Morris:
At issue are the expenses the campaign incurred in an August 2000 fund-raiser for Hollywood glitterati. Rosen was indicted for claiming that the event cost $400,000 when, federal prosecutors allege, he knew the actual cost to be $1.1 million. Under federal campaign-finance rules, the Clinton campaign was obliged to pay for 40 percent of the cost of the fund-raiser. So, if the gala cost $400,000, the campaign had to pay only $160,000, but if the price tag was actually $1.1 million, the campaign would have been on the hook for $440,000.
By understating the cost of the party, Rosen was, in effect, giving Hillary’s campaign an extra $280,000.
Morris describes how important this money was to Hillary’s cash-strapped campaign:
The sum involved was enough to pay for almost an entire week of television advertising in New York City and exceeds the total media budget of many smaller campaigns.
What is it with Hillary? Bill just had MonicaGate. Hillary’s had Whitewater, TravelGate, the missing FBI files, etc. etc. etc:
The question of who understated the cost of the Hollywood event now joins the pantheon of questions that have haunted the senator’s past – Who hid the billing records? Who ordered the travel office firings? Who helped Hillary to make a killing in the commodities market? Did the first lady know her brother was paid to secure a pardon for a major drug trafficker? Did Hillary represent the Madison Bank in a fraudulent real-estate deal? Who ordered the removal of the FBI files?
It’s not an exaggeration to say that her organizations are frequently scandal-plagued.
