Sep
30
2013

#DNC $18.1 million in the hole, one year after the election.

I knew that I was forgetting something:

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.

Before you say What difference does that make? let me assure you: it does in fact make a difference when it comes to state elections.  Federal ones, too – but both the major party organizations do a lot to help state infrastructures.  And if 2010 taught us anything, it’s that state legislatures remain useful things to have on-side when it comes to fixing problems.

Not that Barack Obama cares.  Or his pet organization OfA, which is currently sucking up valuable money and resources for the greater glory of Barack Obama’s ego.

Via… geez, everybody in the world, apparently.  Twitter, Memeorandum, private email… the DNC has very few friends, these days.

Moe Lane

PS: As I recall, the DNC spent quite a bit of time in 2009-2010 in the hole, fund-wise (at this point in 2009 they were 5.33 million in debt).  How did that work out for them, again?

Written by in: Politics | Tags: ,
|

7 Comments

RSS feed for comments on this post.


Site by Neil Stevens | Theme by TheBuckmaker.com