It turns out that Hillary Clinton "loaned" her Presidential campaign $5 million from her own private funds to be able to compete with Barack Obama. Reportedly the Clintons are considering making further "loans" of up to $20 million to Hillary’s campaign to stay competitive in the Democratic primary contest. Fundraising is turning into a problem for Hillary, as most of her donors are wealthy and her donor base is small, compared to that of Barack Obama. Given that there is an upper limit for individual contributions of US$2500 or so and that many of Hillary’s contributors have reached said limit, that’s the end of the road for her. Barack Obama, who relied on lots and lots small individual contributions can simply go back and ask for another 25 or 50 Dollars and get it from hundreds of thousands of everyday people. The longer the contest drags on the more money Hillary will have to loan to herself. This is good news for Obama.

Hard to see how the ability to loan $5 million and maybe much more to your own campaign will endear Ms. Clinton to her base of everyday working people. I think that this piece of news, conveniently admitted by the Clinton campaign AFTER yesterday’s elections, is the biggest piece of positive news for the Obama camp so far today. If the money dries up, then that’s it for Hillary.