Posted on 11/23/2015 1:57:32 AM PST by markomalley
The Democratic National Committee (DNC) is financially insolvent heading into the 2016 election year, Breitbart News has learned.
Federal Election Commission records reveal that the DNC is millions of dollars underwater and running up a deficit each month, lagging far behind its financially savvy counterpart, the Republican National Committee.
Just last month, the DNC turned a nearly million-dollar debt, marking the fourth month in a row that the DNC spent more money than it took in. In fact, the committee chaired by Debbie Wasserman Schulz took a loss in seven of the last ten months.
The DNC raised $4,456,789 in the month of October, according to its most recent filing. But the committee spent $5,254,928, for a net loss of $798,139.
That’s not quite as bad as September, when the party took in $4,296,011 but spent $5,504,823 for a net loss of more than $1.2 million.
So, where does that leave the embattled organization?
(Excerpt) Read more at breitbart.com ...
So why would they need money in the first place?
The democrat party doesn’t deserve a damn dime. Sadly, neither do the republicans.
They've got Liz Mair, George Soros, the Kasich campaign, Rand Paul, and most of the so-called journalists doing the work for them. Thanks markomalley.
DEFUND socialist collectives, foreign and domestic. DEPOPULATE socialists from the body politic.
It’s easy to -
live - free - republic
Socialism Is Legal Plunder - Bastiat
Nov 23, 2015 4:40 am $18,662,557,805,339 +
Nov 16, 2015 7:30 am $18,608,774,756,796 +
Usually averaging about 1 billion increase per day, up 54 billion in last 7 days.
Why would operating at a loss ever stop them ?
Just get George Soros to cut a check. Thee are others.
Isn't that why freeloaders vote for RATS?
If Trump gets the nomination he could literally bankrupt the Democratic-Terrorist Party by taking it straight to their heartland - L.A., Chicago, and NYC. Expensive ad markets that they never really have to defend.
A bunch of high profile blue collar rallies in enemy territory with teamsters, the black ladies, and legal hispanics featured in TV ads will send the Dummycrats into panic mode and drain their budget dry. Debbie brillo head Schultz will have a stroke.
All the pieces are in place, a perfect storm has arrived. All that is needed is methodical execution of a 50-state strategy. And I hear tell that managerial skills are his strong suit. :-)
Absolutely no problem. I hear Hillary stands ready and willing to help anyone who needs cash. She was born to be a philanthropist : ). /s
That will be fun to watch.
They’ll still find some money to help the Republican Party fund a Third Party run against Trump...they always do.
We really should pray for poor Debbie Washerwoman Putzs health.
If she is incapacitated the dems might find someone competent to fill her spot.
Wow! You actually used the word "dems" and the word "competent" in the same sentence.
We are talking about the Dems, remember.
” Debbie brillo head Schultz will have a stroke “
I take exception to that statement. She has wet cocker spaniel ear hair and it’s color is urine yellow.
Busted!
Take me away, I plead guilty!
But you have to admit they are very competent at destroying the Greatest Nation in the World.
The *only* thing they are competent at.
They can’t run it, only ruin it.
I remember the old southern democrats.
Except for Jim Crow, they didn’t do too bad a job.
On the state level anyway.
That doesn't require competence. Submitting to the demonic voices in their collective heads will lead to that result.
Four years ago, when it filed its November 2011 FEC report in preparation for President Obama’s re-election run, the DNC had more than $11 million in cash on hand, more than twice as much as it has now.
Does it there will be problems stuffing ballot boxes?
-PJ
Sooo......not competent but demonic?
Yeah, I can agree with that.
Their biggest deficit is that they are morally bankrupt.
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