Worst RNC cash flow in a decade

[ccharles000]

A 2009 spending spree has left the Republican National Committee (RNC) with its worst election-year cash flow this decade.

The largest GOP party committee has $8.7 million in the bank heading into an election year with 37 governors’ races, a dozen major Senate contests, dozens more in the House and an all-important redistricting cycle on the horizon.

Said one RNC official: “It is very troubling, and the thing is, most people don’t understand this. But it is really troubling.”

The RNC had $22.8 million in cash and no debt when Michael Steele was elected chairman at the end of January, but has since seen its cash on hand drop to less than $9 million at the end of November.

Over the previous five months, while governors’ battles were being waged in New Jersey and Virginia, the committee saw its cash reserves drop by a full $15 million. Through November, the committee spent more than $90 million last year, which is nearly $20 million more than the Democratic National Committee (DNC).

http://thehill.com/homenews/campaign/74507-worst-rnc-cash-flow-in-a-decade

[SpiralHawk]

1. Bwa ha ha ha - and they call themselves conservatives

What a load of horseshit that is, the republicons claiming to be conservative -- they borrowed & spent America's economy into the crapper for decades to come

And they borrowed & spent themselves into the poor house

What a bunch of bullshit FAIL artistes the 'radical' republicon homelanders are

[msongs]

2. gosh maybe if dems had some good progressive populists running....... hmmm nt

[dkf]

3. Why buy repubs when the dems are already in their pockets willing to stab the left in the back?

Their needs are already filled.

[FrenchieCat]

9. Do you do anything other than to disparage Democrats?

cause even when you could be dogging out the Republicans for a change, you pass
in order to take another shit on Democrats?
Geeze!

[zulchzulu]

4. Yeah, I got your "The GOP is going to do well in 2010" right here...

The GOP is a shit brand. Why do only 20% of people in polls admit they are Republicans? Yeah, they're "independent"... my ass.

[rwheeler31]

5. Governors' races are important because of

redistricting but that is truly excessive.

[rzemanfl]

6. They should see mine after 8 years of Bush. eom

[AlinPA]

7. They will raise a trainload of $$ from big business and deep pockets republicans in

time for the elections.

[davidpdx]

8. True, there is plenty of time left

The other explaination is that money is going to the teabag candidates on the fringe right.

[mstinamotorcity]

10. We already knew

that Micheal steele could not raise money for the RNC,because boss limpballs said so in one of his many off the wall rants.He stated that Mr.Steele could not raise any money nor could he write a check without permission.And we know that he has been charging a fee for appearances as a keynote speaker.Right on Mikee Boy!!!!:P :P :P :P :P

[ItNerd4life]

11. And they claim Democrats don't know how to be fiscally responsible?

They managed their party just like they managed the country.