October 21, 2012
Obama Campaign in Debt

The official Federal Election Committee reports for September are out, and Debbie Wasserman Schultz’s DNC is a complete wreck. The Democrats ended September with cash on hand of $4.6 million, compared to the Republican National Committee’s $82.6 million.

That’s nearly an 18-to-1 cash advantage for Republicans.

Worse still for the DNC, they had to take out loans to pay the bills so that they owed $20.5 million at the end of September, meaning that that (subtracting cash on hand from total debt) they were $15.9 million in the red — essentially bankrupt. Wasserman-Schultz’s committee only raised $3.7 million in September; at that pace, it would take them more than four months to clear their debt, even if they didn’t spend another dime in the meantime.

This is both sad and hilarious. 

(Source: theothermccain.com)

  1. factualwiley reblogged this from leftybegone
  2. kidbassian reblogged this from leftybegone
  3. cunextues reblogged this from meatisadelicacy and added:
    this even right. He actually donated millions AGAINST Romney from a previous election.
  4. fuck-liberal-morons reblogged this from leftybegone
  5. arizona-republican reblogged this from leftybegone
  6. meatisadelicacy reblogged this from leftybegone and added:
    You know what’s sad and hilarious? ONE MAD DONATING 70 MILLION DOLLARS TO MITT ROMNEY. $70,000,000. And the President is...
  7. leftybegone posted this