RNC Has $83 Million Cash On Hand, DNC Takes Out Loan (campaign, Democrats)

[jt800]

Just like in real life, the Democrats are going into debt....

RNC Has $83 Million Cash On Hand, DNC Takes Out Loan

Heading into the final weeks of the 2012 campaign, the Republican National Committee announced that it raised $48.4 million in the month of September and has $82.6 million in the bank. The Democratic National Committee, meanwhile, took $10.5 million in loans and raised less than half the RNC’s total last month — $20.3 million.

[urbanlife78]

The RNC went into debt in 2010 to put a number of Republicans into office....was this an issue for you then?

[Tall Tiger]

Originally Posted by jt800

Just like in real life, the Democrats are going into debt....

RNC Has $83 Million Cash On Hand, DNC Takes Out Loan

Heading into the final weeks of the 2012 campaign, the Republican National Committee announced that it raised $48.4 million in the month of September and has $82.6 million in the bank. The Democratic National Committee, meanwhile, took $10.5 million in loans and raised less than half the RNC’s total last month — $20.3 million.

In general, Dems really don't care about the budget and rollling up potentially bankrupting debts. Yeah, Bill Clinton was busy chasing tail around the WHite House and lost track of stopping Gingrich from balancing the budget so we owe Monica a favor for the service she provided to Bill & the USA....thanks Monica.

[LauraC]

Originally Posted by jt800

Just like in real life, the Democrats are going into debt....

RNC Has $83 Million Cash On Hand, DNC Takes Out Loan

Heading into the final weeks of the 2012 campaign, the Republican National Committee announced that it raised $48.4 million in the month of September and has $82.6 million in the bank. The Democratic National Committee, meanwhile, took $10.5 million in loans and raised less than half the RNC’s total last month — $20.3 million.

Did the DNC borrow the money from China?

[HappyTexan]

Here's another one...Obama for America campaign borrowed $15 million from BofA.
Short term loan at 2.5% pay back on 11/14

Schedule C-1 for ALL Line #'s

[Jaggy001]

Ah ..... so the Dems have less ability to buy the election than the GOP.

[pghquest]

Originally Posted by urbanlife78

The RNC went into debt in 2010 to put a number of Republicans into office....was this an issue for you then?

So did Democrats.. They do it every election time.

But borrowing money at this period of time isnt good news.. Usually its done in the last few weeks to push out an issue.

[pghquest]

Originally Posted by jt800

Just like in real life, the Democrats are going into debt....

RNC Has $83 Million Cash On Hand, DNC Takes Out Loan

Heading into the final weeks of the 2012 campaign, the Republican National Committee announced that it raised $48.4 million in the month of September and has $82.6 million in the bank. The Democratic National Committee, meanwhile, took $10.5 million in loans and raised less than half the RNC’s total last month — $20.3 million.

But, but, Obama received 4,000,000 of a few dollars each.. Thats what they celebrate..

[01Snake]

Originally Posted by Jaggy001

Ah ..... so the Dems have less ability to buy the election than the GOP.

This could be the dumbest thing posted this week. Stand Proud!

Per CNN website.....

Obama:

Total Raised, year to date: $432,197,459.00
Total Spent: $345,723,446.00
Ad Spending: $234.3 Million

Romney:

Total Raised, year to date: $279,343,000.00
Total Spent: $228,921,635.00
Ad Spending: $91.9 Million

[jt800]

Originally Posted by LauraC

Did the DNC borrow the money from China?

LOL...not but it's almost as bad as that.....they borrowed it from Bank Of America. One of those evil banks with credit cards!!