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Thread: DNC Borrows $10 million

  1. #1
    Senior Member Gerry Clinchy's Avatar
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    Default DNC Borrows $10 million

    Interesting that the DNC has had to borrow $10 million, and the Obama campaign has also borrowed $15 million. DNC, it seems, is behind in paying its vendors for some of its essential services, like direct mail, consulting, etc. With all the money raised (Obama campaign says it's raised nearly a billion $), it still wasn't enough?

    Meanwhile the RNC has about $83 million in the bank, leaving substantial ready funds to support local candidates, as well as the POTUS race.

    If the R's would just run the country with as much fiscal prudence as they run their party operation, that would be a good start.
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  2. #2
    Senior Member road kill's Avatar
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    Quote Originally Posted by Gerry Clinchy View Post
    Interesting that the DNC has had to borrow $10 million, and the Obama campaign has also borrowed $15 million. DNC, it seems, is behind in paying its vendors for some of its essential services, like direct mail, consulting, etc. With all the money raised (Obama campaign says it's raised nearly a billion $), it still wasn't enough?

    Meanwhile the RNC has about $83 million in the bank, leaving substantial ready funds to support local candidates, as well as the POTUS race.

    If the R's would just run the country with as much fiscal prudence as they run their party operation, that would be a good start.
    So.............what are the chances of ever getting that loan paid when Romney wins?????
    Stan b & Elvis

  3. #3
    Senior Member Uncle Bill's Avatar
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    If Obama is broke, how is he paying for Hillary's debt? Word is that's why she took the hit for the Libya fiasco, so her campaign debts of '07-'08 got paid off. Also why Slick Willie is stumping on behalf of the messiah.

    Always important to follow the money in order to get to the reasoning behind the happenings.


    UB
    When the one you love becomes a memory, that memory becomes a treasure.

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