DNC going broke

Discussion in 'News / Current Events' started by Revmitchell, Sep 30, 2013.

  1. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,278
    Likes Received:
    780
    According to Fortune Magazine, the Democrat National Committee is in some deep financial trouble. "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."

    Considering the DNC has a very high profile politician, President Obama, to go out and raise money on their behalf, there must be some real organization issues behind the scenes. As of now, their books show $18.1M in creditors and $12.5 in the bank.

    Several executives at firms that contract to provide services to the party -- speaking anonymously to avoid antagonizing what remains an important if troubled client -- describe an organization playing for time as they raise alarms about past-due bills falling further behind. And senior strategists close to the DNC say they worry the organization appears to have no road map back to solvency. "They really thought they could get this money raised by the summer," one said, "but the fact is, from talking to people over there, they have no real plan for how to solve this."

    Sources say blame has been quietly been place on Debbie Wasserman-Schultz. But the real problem could be that Obama is raising money for his own organization, Organizing for Action

    http://www.breitbart.com/InstaBlog/2013/09/30/DNC-Nearly-Broke
     
  2. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,278
    Likes Received:
    780
    Apparently this is a habit with Obama. Continue to spend money but refuse to pay bills.
     
  3. Zaac

    Zaac
    Expand Collapse
    Banned

    Joined:
    Jun 12, 2012
    Messages:
    13,757
    Likes Received:
    220
    People are dying and going to hell all over the world. Forgive us if the implosion of either the DNC, RNC, GOP, DEM or all of these money-loving, power tripping, ego-maniacal , wicked espousing , compromising organizations goes belly up.
     

Share This Page

Loading...