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is it possible for RNC to declare bankrupt? They are low on cash on hand, but have a huge debt. They rely totally on donates to pay the interest and principal of the debt. If theres a sharp decline in donations, they’re screwed


236 posted on 09/14/2010 8:09:43 PM PDT by 4rcane
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To: 4rcane
is it possible for RNC to declare bankrupt? They are low on cash on hand, but have a huge debt. They rely totally on donates to pay the interest and principal of the debt. If theres a sharp decline in donations, they’re screwed

Why not? They're already politically and morally bankrupt.

265 posted on 09/14/2010 8:14:44 PM PDT by Interesting Times (For the truth about "swift boating" see ToSetTheRecordStraight.com)
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