Leftards Demonstrate Their Fiscal Accumen

image

Yeh, we should really listen to these dorks when it comes to financing anything.

The DNC is nearly broke

FORTUNE — 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.

Hilarious.  They won’t negotiate with Repubs over the budget, because they know oh so much about budgeting. 

h/t Lat

This entry was posted in Economics, News and politics. Bookmark the permalink.

11 Responses to Leftards Demonstrate Their Fiscal Accumen

  1. Latitude says:

    I can’t possibly be overdrawn…
    ….I still have blank checks

  2. PhilJourdan says:

    They know as much about budgeting as Custer knew about ambushes. With any luck, the results will be the same.

    But I doubt it. Soros will bail them out.

  3. Bruce says:

    Er, what? The DNC, the source of all those pleas for just $3 to save the USA from enslavement by the Koch Brothers is short of dosh? Does this mean people are ignoring these emailed cries of anguish to keep their wallets closed? Or is it that Obamacare has so impoverished Dem voters that they cannot afford to donate?

    Maybe the DNC would do better if they said they accept foodstamps too.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s