Saturday, March 22, 2008

A word about "vendors" and campaign costs

A number of people have been asking me about "vendors", because Senator Clinton's balance sheet shows she has debt to vendors. Vendors are service providers. In this case typical vendors are caterers, car valet services for donor events in residential neighborhoods. It is typical for campaigns to use the dollars they have now to pay for more campaigning and then later to complete payment to service providers (generally, some payment is made now, so that providers keep providing!). Bottom line: this is regular business practice, allocating cash flow strategically. No effort to avoid paying bills in full.

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