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-   -   General Politics Dems are Broke (http://www.chiefsplanet.com/BB/showthread.php?t=276846)

HonestChieffan 09-30-2013 05:50 PM

Dems are Broke
 
They run the party like they run the country.... Good news is if these ****sticks can't pay the bills no one will give them credit cause they cant print money. And its CNN reporting on the shitty state of affairs in Obamaville....

http://finance.fortune.cnn.com/2013/...iid=SF_F_River

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.

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.”

notorious 09-30-2013 08:09 PM

They can't print more money to pay for their debt?

LiveSteam 09-30-2013 08:19 PM

LMAOLMAOLMAO

ClevelandBronco 09-30-2013 08:24 PM

One word: Bailout.

The democrat party is too big to fail.

cosmo20002 09-30-2013 08:27 PM

Seems kind of odd to report what someone owes but not mention how much they have. Anyway, the RNC was like $25M in the hole a couple years ago. No ones gives a shit about the national party finances.

Prison Bitch 09-30-2013 08:41 PM

Lemme guess: this is Bush's fault too?

ClevelandBronco 09-30-2013 09:43 PM

Quote:

Originally Posted by cosmo20002 (Post 10036437)
Seems kind of odd to report what someone owes but not mention how much they have. Anyway, the RNC was like $25M in the hole a couple years ago. No ones gives a shit about the national party finances.

They have a bunch of money and they're still not paying their debts?

cosmo20002 09-30-2013 11:12 PM

Quote:

Originally Posted by ClevelandBronco (Post 10036763)
They have a bunch of money and they're still not paying their debts?

I don't know how much they have. You would think an article about their finances might mention it.

ClevelandBronco 09-30-2013 11:15 PM

Quote:

Originally Posted by cosmo20002 (Post 10036953)
I don't know how much they have. You would think an article about their finances might mention it.

No, you would think an article about their finances might mention it.

A Salt Weapon 10-01-2013 01:19 AM

Cash broke and morally bankrupt.


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