Jump to content
Check your account email address ×

DNC Takes Out $1.7 Million Loan, Bringing Total Debt Above $6 Million


Recommended Posts

Records show the Democratic National Committee had to take out another loan in February, as the 2018 midterm elections loom.

The national arm of the Democratic Party took out a $1.7 million loan in February, raising the national party’s total debt above $6 million, the Daily Caller reported. This comes as the DNC has consistently failed to keep up with its Republican counterpart's fundraising. The RNC brought in $12.8 million in February while the DNC only raised $6.9 million.

The DNC now has just over $10 million on hand compared to the $42 million the RNC has on hand. Still, RNC chairwoman Ronna Romney McDaniel expressed caution, telling Politico Wednesday that midterm elections tend to be "very difficult for a sitting president."

"Their first midterm, [parties in the White House] usually lose seats," McDaniel said. "We understand that, and so we’ve been preparing for that all year."

She said Trump has been engaged in the party’s strategy going into the 2018 elections.

"Most of our conversations are related to the midterms," she said. "In some cases, we’ll go through numbers. We take our data to the White House. He dials in. He wants to know. He’s very focused on that. We’ll talk about specific candidates, where we think that race will go, and what he can be doing to help."

The DNC is seeking to turn the page after the 2016 elections, when its financial woes led to taking out a loan from Hillary Clinton’s campaign. Clinton’s influence over the party became the subject of controversy after it came out that the DNC was working to help her in the presidential primary against Sen. Bernie Sanders (I., Vt.).

The DNC fundraising has improved since 2016–although it still lags behind the RNC’s–and DNC Chairman Tom Perez has insisted that things are going well. That insistence, however, has sometimes been misdirected, as was the case when he ran afoul of the Washington Post Fact-Checker earlier this month. Perez had said the party raised a record amount of cash in January of this year even though there were several instances in recent years when it raised more in January.

Perez said Republicans lead in fundraising because "they’ve got a lot more rich donors," but the RNC has outraised the DNC in small donations in recent years.

http://freebeacon.com/politics/dnc-takes-1-7-million-loan/

Link to comment
Share on other sites

59 minutes ago, DriftBusta said:

Cool.  DNC needs to go bankrupt.  They're a corrupt organization.

Yes......they need to be snuffed out. Then we can work on the corrupt RNC that is every bit as pathetic 

Link to comment
Share on other sites

1 hour ago, f7ben said:

Yes......they need to be snuffed out. Then we can work on the corrupt RNC that is every bit as pathetic 

RNC is pathetic but the DNC is obviously a lot more corrupted 

Link to comment
Share on other sites

4 minutes ago, Rod Johnson said:

RNC is pathetic but the DNC is obviously a lot more corrupted 

They both dont give two fucks about the american citizen.....they are both corrupt and both support the russia bullshit as a deflection from hacks. fuck them all 

Link to comment
Share on other sites

  • Platinum Contributing Member
3 minutes ago, racer254 said:

Who holds the note?  And what is the collateral?  Is there a specific bank loaning them the money?

Lender Institution:
Amalgamated Bank


275 Seventh Avenue
New York, New York  10001

 

Collateral is incoming contributions.

Link to comment
Share on other sites

I'm surprised that the DNC is so broke.  Why aren't guys like slinger, MC, SR, Vinny, etal bankrolling this operation.  One would think that with all the smart people (and the media) on the side of the DNC they wouldn't be this desperate for money.  

Maybe the majority of Americans just don't buy what the DNC is selling these days.  

  • Like 1
Link to comment
Share on other sites

Just now, AKIQPilot said:

I'm surprised that the DNC is so broke.  Why aren't guys like slinger, MC, SR, Vinny, etal bankrolling this operation.  One would think that with all the smart people (and the media) on the side of the DNC they wouldn't be this desperate for money.  

Maybe the majority of Americans just don't buy what the DNC is selling these days.  

Exactly......zero ideas. Nobody buys the Russia bullshit. Hillary killed the DNC for good 

Link to comment
Share on other sites

18 minutes ago, f7ben said:

They both dont give two fucks about the american citizen.....they are both corrupt and both support the russia bullshit as a deflection from hacks. fuck them all 

While the RNC was obviously working against trump it wasn’t close to the same. The DNC held a sham of a primary with a pre selected winner and fucked all the other hopefuls 

Link to comment
Share on other sites

5 minutes ago, Rod Johnson said:

While the RNC was obviously working against trump it wasn’t close to the same. The DNC held a sham of a primary with a pre selected winner and fucked all the other hopefuls 

and that is why they are broke.....they scammed their own party 

Link to comment
Share on other sites

12 minutes ago, AKIQPilot said:

I'm surprised that the DNC is so broke.  Why aren't guys like slinger, MC, SR, Vinny, etal bankrolling this operation.  One would think that with all the smart people (and the media) on the side of the DNC they wouldn't be this desperate for money.  

Maybe the majority of Americans just don't buy what the DNC is selling these days.  

There it is.  You notice none of the board Dems want to address this topic.  If they don't talk about it...it's not real!  

DEAD....ASS....BROKE with no message, no plan, no recruiting...nothing other than looking for Oprah to come in and fund them.

Look at their salesmen.  :lol:

Related image

  • Sad 1
Link to comment
Share on other sites

the hacks strike again. back when the dnc and Obama were bringing in big bucks it was bad. they were both being bought by corporate america and the wealthy. the rwws were up in arms! today? more money means better candidates for the average citizens :lmao:

you dumb fucks should sit back and take a look at yourselves from our view.

 

 

 

  • Confused 1
Link to comment
Share on other sites

2 hours ago, f7ben said:

Yes......they need to be snuffed out. Then we can work on the corrupt RNC that is every bit as pathetic 

Whomever is in power gets the money and right now that's the pubes. Dems are looking pretty pathetic right now and aren't going to get shit done. No surprise they are going broke. 

Link to comment
Share on other sites

4 minutes ago, Nazipigdog said:

Whomever is in power gets the money and right now that's the pubes. Dems are looking pretty pathetic right now and aren't going to get shit done. No surprise they are going broke. 

Hillary and her brand of corruption killed the DNC......that is all there is too it. They should have chose not to defraud Bernie. He would be Potus right now and they would be in much better shape. They did not choose wisely 

Link to comment
Share on other sites

Just now, f7ben said:

Hillary and her brand of corruption killed the DNC......that is all there is too it. They should have chose not to defraud Bernie. He would be Potus right now and they would be in much better shape. They did not choose wisely 

Bernie is not an earner for the party, it's not a surprise they didn't back him. These are not principled people, they are con men. High level grifters who got burned. Now the jig is up. 

Link to comment
Share on other sites

Just now, f7ben said:

Hillary and her brand of corruption killed the DNC......that is all there is too it. They should have chose not to defraud Bernie. He would be Potus right now and they would be in much better shape. They did not choose wisely 

She doesn't give 2 fucks.  She was going all in for this election and thought she had it in the bag and figured if she didn't, she was set anyway.

Link to comment
Share on other sites

1 minute ago, f7ben said:

Hillary and her brand of corruption killed the DNC......that is all there is too it. They should have chose not to defraud Bernie. He would be Potus right now and they would be in much better shape. They did not choose wisely 

Ahhh....but let's make sure we are giving proper thanks to the one that sent them into a spiraling broke-dick operation.  Hell, Hillary got them for pennies on the dollar!

Image result for obama shrug

Link to comment
Share on other sites

3 minutes ago, Nazipigdog said:

Bernie is not an earner for the party, it's not a surprise they didn't back him. These are not principled people, they are con men. High level grifters who got burned. Now the jig is up. 

Bernie isnt an earner because he was gunning for the corrupt rich elites that back the party.....Berns grass roots earnings were 10000 times Hillarys :lol: 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Trying to pay the bills, lol

×
×
  • Create New...