Well... $35 milllion here, $35 million there, and 'poof' , it's gone.
Posted on 10/01/2013 9:56:59 AM PDT by SeekAndFind
This story is just perfect — particularly in light of the party’s endemic debt denialism, and the personal financial straits of its chairwoman:
There’s another budget crisis in Washington, and it’s unfolding inside the Democratic party. The Democratic National Committee remains so deeply in the hole from spending in the last election that it is struggling to pay its own vendors.It is a highly unusual state of affairs for a national party — especially one that can deploy the President as its fundraiser-in-chief – and it speaks to the quiet but serious organizational problems the party has yet to address since the last election, obscured in part by the much messier spectacle of GOP infighting. The Democrats’ numbers speak for themselves: Through August, 10 months after helping President Obama secure a second term, the DNC owed its various creditors a total of $18.1 million, compared to the $12.5 million cash cushion the Republican National Committee is holding.
The Democrats: Recklessly spending themselves to political victory…and into fiscal oblivion. Forward!
Those poor Democrats.
Can’t they appeal to the federal government for emergency assistance?
What a shame!
/s/
IMHO
Someone please explain to me how the DNC can be broke when all Obama does is fundraise? Check his schedule - it’s loaded with fundraisers. Where are the funds he’s raising going if not the DNC?
not deep enough in the hole.
They will be resupplied with our tax dollars via public union dues.
The DNC got Obama into office and the money went away nice move guys.
Chimps should be banned from this country.
Obama for Obama.
all others are slaves for obama.
We will never know. But history of the communists Democratic Party is racked with corruption. Figure it out for yourself.
Chicago
...they run their party the same way they run your government....
And right now, our petulant lying POS is in the Rose Garden blaming the Republicans for this shutdown.
To Obama's off shore private account for his personal use?
He has to pay for all of the future partying at Man's Country when he leaves office. (If he leaves.)
short explanation:
It cost a lot of money to buy votes and free stuff.
Obama campaign manager Jim Messina joins company awarded millions in federal cash
http://www.washingtontimes.com/news/2013/sep/25/obama-campaign-manager-jim-messina-joins-green-com/?page=all#pagebreak
RE: Someone please explain to me how the DNC can be broke when all Obama does is fundraise?
Same question can be asked of the US of A. How can we be this broke (nearly $100 Trillion with a T in unfunded liabilities ) with so much money being TAXED...
ONE WORD : SPENDING
The financial stairs link for Dynamic Debbie’s problems is wrong - should be http://hotair.com/greenroom/archives/2013/09/25/surprise-debbie-wasserman-schultz-saddled-with-major-credit-card-debt/
good point, it obviously not going into DNC coffers..
Is this a spending problem, a revenue problem, or a mental problem?
Yes.
Good news!
I recently read that the total debt including unfunded liabilities is about $211 trillion.
Well... $35 milllion here, $35 million there, and 'poof' , it's gone.
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