DNC Nearly Broke; RNC Has Cash To Spare

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The Democratic National Committee (DNC), which sets the party’s National platform, plots out election strategy and sits atop its fundraising hierarchy, is nearly broke. In fact, the DNC is so deep in the hole that it’s having to negotiate delinquent vendor payments on a case-by-case basis.

Some of those disgruntled vendors broke the DNC story Monday by anonymously complaining to CNN that the DNC was seriously overdue on payments.

From the CNN/Fortune report:

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.

It’s not as though Barack Obama has not been pounding the pavement on the fundraising circuit; he’s done 15 engagements so far this year. But much of the grass-roots effectiveness of the Obama money machine owes not to the DNC’s organizational structure, but to Organizing for Action (formerly Organizing for America, then Obama for America), the metamorphosed community organizing group that, under the DNC’s leadership, helped Obama win the White House in 2008 and 2012. OFA has used its extensive mailing list and stronger leadership to effectively cannibalize the DNC’s donor base.

In addition, DNC chair Debbie Wasserman Schultz, despite her party leadership position, has reportedly faced tough sledding as an aloof political outsider with no strong ties to the Administration of Obama, the Democrats’ chief fundraiser.

“The [OFA] group can raise unlimited sums from deep-pocketed donors, and there is some evidence it is siphoning resources from the DNC,” reported CNN. “All of the top-tier OFA donors this year have been prolific supporters of the DNC in past years. But of the 13 who cut six-figure checks to OFA in the first half of this year, only three gave to the DNC over the same period, according to a review of records from the Center for Responsive Politics.”

So the DNC owes $18.1 million and the Republican National Committee (RNC) is sitting on $12.5 million. Does that ironic disparity reflect any underlying truths about the two parties’ differing fiscal philosophies? Or is the RINO-dominated RNC money just better at coordinating its donors’ political “investments?”

Personal Liberty

Ben Bullard

Reconciling the concept of individual sovereignty with conscientious participation in the modern American political process is a continuing preoccupation for staff writer Ben Bullard. A former community newspaper writer, Bullard has closely observed the manner in which well-meaning small-town politicians and policy makers often accept, unthinkingly, their increasingly marginal role in shaping the quality of their own lives, as well as those of the people whom they serve. He argues that American public policy is plagued by inscrutable and corrupt motives on a national scale, a fundamental problem which individuals, families and communities must strive to solve. This, he argues, can be achieved only as Americans rediscover the principal role each citizen plays in enriching the welfare of our Republic.

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  • jerry1944

    It sounds like we have to do a lot of donateing to the Tea Party to put conservatives in office Maybe those that put so much in the party are the ones pushing illegal immigration But I donate only to the Tea Party the gop has to many mods in it for my money

    • Paul

      Woo Hoo! Well stated! The only group of people left that stands for the people and not the government, is the Tea Party. All they want is less government, less taxes and stay the hell away from our Constitutional freedom! Most people are so blind to it.

  • Doc Sarvis

    Thank you for again illustrating that the GOP is the party of the 1% while 99% of Americans are represented elsewhere.

    • dan

      i heard that there are FAR more MULTI-millionairs amongst the elected Democrats…and we know what their Hollywood supporters are worth.

      • liz

        I’m still trying to figure out how O’Bama got all his money, he has never had a real job, we know where Kerry got his.

        • dan

          George Soros for the win…but the Arabian money behind CAIR (now renamed the WTF…no,really ! ) has probably always been his main sponser …

          • wavesofgrain

            Yes, Musl. Mansour, connected to the Saudi Prince, solicited Percy Sutton for a letter of recommendation to Harvard on behalf of Barry. Mansour claims to be a PATRON of Barry’s

          • wavesofgrain

            “””””””””””””Dr. Khalid Abdullah Tariq Al-Mansour who made news in 2008 when it was revealed that he had been a patron of Barack Obama and had recommended him for admission to Harvard Law School, is co-founder of the International law firm of Al-Waleed, Al-Talal and Al-Mansour and Special Advisor to Saudi Arabian Prince, His Royal Highness Prince Alwaleed Bin Talal Bin Abdulazziz.”””””””””””””””””””””””

      • Doc Sarvis

        You “heard”. Now there’s documentation.

        • dan

          google is your friend ,too….friend

          • Doc Sarvis

            A far cry from “FAR more”.
            The list of Congress’ wealthiest members is bipartisan. In the House, five Democrats and five Republicans make up the 10 wealthiest members, while in the Senate, six Democrats and four Republicans make up the top 10.
            Top dog is Darrell Issa (R-Calif.), whose holdings exceed $303.5 million.
            From:
            http://www.cbsnews.com/8301-503544_162-20023147-503544.html

          • wavesofgrain

            The difference is the Republicans were already wealthy BEFORE elected, but the Democrats were “enriched AFTER elected to Congress!!

          • Doc Sarvis

            Riiiight – I’m sure no Republican EVER became “enriched” after being elected to Congress – Riiight.

          • John McLame

            You comment about providing meaningful conversation and documenting sources yet you post this hypocritical trash.

          • Doc Sarvis

            While I don’t see what I’ve posted as hypocritical trash, I don’t come here to insult people or call them names.

          • Paul

            Don’t you people realize what’s going on with all the above negative comments?! It is EXACTLY what this government wants us to do. A divided nation will fail as it has happened many times in the history of humanity. Divide and conquer is the simplest way to take down a nation! Please people, the enemy is ALL LARGE GOVERNMENT and not the individuals. Unite before our nation is no more.

          • wavesofgrain

            Richest in Congress…count ‘em…:…..7 Dems, 3 Republicans
            http://money.msn.com/investing/the-10-richest-members-of-congress

    • Ried

      BS talks while the money walks.

      Do I invest in the party that wants to redistribute my money? Or do I invest in the party that’s willing to let me keep my money.

      (Personally, I support none of the above. But that’s none of your concern.)

    • Ringgo1

      “Doc Sarvis”, the troll that never quits…

      • Doc Sarvis

        Still electing to call people names as opposed to contributing something meaningful?

    • Paul

      Easy Doc, are you forgetting that the same Democraps that bash the 1%are giving them a 1 year pass/break on Obummercare?! Not to mention the break they (politicians) are giving to themselves, too. Are you happy that they get a break and you and I do not? Isn’t it suppose to be the best thing that has ever happened to the American people? I think it is called hypocrisy. If you and your kind don’t wake up and unite the people, we will not have a nation anymore and none of this will matter. It is only a matter of time.

  • dan

    somehow I find that a party that can’t pass or keep a Congessional Budget
    not being able to balnce it’s Party Budget is not suprising…
    living within ones means …difficult but doable if one has the right incentive
    (and not a bunch of suckers to bail them out)

    • liz

      I have the feeling the DNC will try to find a way to claim the RNC received money illegally and try to take it from them.

  • wavesofgrain

    As most of the left-wing government departments cannot account for/lost/misplaced millions every year in each (IRS, etc), the notion does not escape me that this “Dem Organization” has actually “misplaced/lost/cannot” account for their lack of funds. Disappearing money seems to be common with Dem rule, just like Corzine and MfGlobal billions that “disappeared.

    • Paul

      I am sure they’ll figure out a way to get the Unions to donate as soon as the Democraps finds another way to filter our hard working tax money to them. Oh yeah, I forgot the unions are pissed off at them because Obummercare! We have a problem, Houston :)

  • Rick Griffin

    Maybe the democrats can sell their guns to get some money. They could all take them to a gun buy back in California . It costs a lot to get a Kenyan elected president ! Its just so much fun to spend other peoples money ! The democratic party is the party of the poor-they made us that way .

    • wavesofgrain

      Good one!!!

    • Sylvia Green

      How about Nancy Pelosi and Harry Reid in dunking booths? That would raise a small fortune!

      • Rick Griffin

        That would get some of my money . LOL Could we fill the tank with cow dung ?

        • Steve

          how about sulfuric acid?

      • Paul

        Can we throw darts at them, instead? I’d pay for that!

  • Alan

    I would not give one penney to either of these corrupt parties. Information that came out today on The Blaze tells of the backroom deal between BooHoo Boehner and Harry worthless Reid to get congress out of Obamacare. It shows how much these turds care about America or her citizens. All for the powerful and screw the little guy, or business as usual.

    • http://www.thefreedomtrainusa.com/ FreedomTrainUSA

      Never donated a single penny to the D****RAT PARTY…and stopped donating to the Establishment RINO REPUKE PARTY back in the late 1990’s…Because they NO LONGER REPRESENTED MY CONSERVATIVE VIEWS…

      • Paul

        Well stated, my friend. The truth is; it is not a matter of being conservative or liberal, Democrap or Republican, the true enemy of the people is LARGE GOVERNMENT! Until the people unite and realize this, this nation will fail in a matter of few years.

        • http://www.thefreedomtrainusa.com/ FreedomTrainUSA

          Both Parties…Or should I say both Faction of the Politician Party…The Establishment RINO Repuke Faction and the Radical Liberal Marxist Socialist Faction…BOTH WANT BIG GOVERNMENT AND TOTAL CONTROL OVER THE AMERICAN PEOPLE…Plus the SOLE OBJECTIVE of the POLITICIANS PARTY… is to keep all of them IN POWER FOR LIFE…Why else do we have Career Politicians that stay in the DC Cesspool for 30…40…50…60 years…Some of them like Teddy Kennedy…Robert Byrd and others DIE IN OFFICE…The So Called Ruling Elete….ARE COMPLETELY OUT OF TOUCH WITH THE AMERICAN PEOPLE….AND DO NOT CARE…
          As for the Dictator in the White House and his Regime….That is an entirely different situation…HE MUST BE REMOVED FROM POWER BEFORE HE COMPLETELY DESTROYS WHAT IS LEFT OF THIS COUNTRY…

    • Sylvia Green

      Actually it is taken out of our income taxes. The creeps!

  • http://www.thefreedomtrainusa.com/ FreedomTrainUSA

    SO THE D****RAT PARTY BLEW ITS WAD…LITERLY..AND CAN’T PAY ITS BILLS…COULDN’T HAPPEN TO A BETTER GROUP OF USELESS DIRTBAGS…

  • Michael Shreve

    In SHORT, Obama is CO-OPTING the Democrat, liberal, progressive communist Party. SILL think he plans to LEAVE at the end of term.