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01-06-2010, 03:07 PM
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1,179 posts, read 915,334 times
Reputation: 390
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"Worst RNC cash flow in a decade
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)."
Worst RNC cash flow in a decade - TheHill.com |
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01-06-2010, 03:10 PM
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23,832 posts, read 21,945,284 times
Reputation: 9401
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Guess I need to break out my checkbook. Thanks for the heads up.
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01-06-2010, 03:12 PM
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24,093 posts, read 44,769,208 times
Reputation: 26043
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How very fitting, since the GOP has been morally bankrupt for some time....
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01-06-2010, 03:16 PM
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Location: mancos
7,687 posts, read 7,476,261 times
Reputation: 6125
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why cant they just buy votes with taxpayer money like the dems do. seems unfair to me
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01-06-2010, 03:22 PM
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Location: Fredericktown,Ohio
7,168 posts, read 5,062,638 times
Reputation: 2921
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They won't get anything from me,all the {R} that I like the establishment runs and supports their opponent.
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01-06-2010, 04:57 PM
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Location: San Antonio Texas
11,432 posts, read 18,022,162 times
Reputation: 5224
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Quote:
Originally Posted by parfleche
why cant they just buy votes with taxpayer money like the dems do. seems unfair to me
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don't even get me started with Bush and his vote buying habits. - please. |
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01-06-2010, 05:06 PM
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Location: Idaho Falls
5,026 posts, read 5,937,689 times
Reputation: 1482
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If Michael Steele is that good at generating deficits, he just might be the GOP's next nominee for President.
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01-06-2010, 05:10 PM
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Location: OB
2,404 posts, read 3,768,722 times
Reputation: 879
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There's reason why, we're not happy with our party (understand we are less happy with Obama and Democratic leadership for sure).
Why do we need a black party leader just because a black president was elected, please - it's so transparent.
We are not giving our money to the RNC until they stop trying to expand the tent to the left. I don't mind RINO's in blue leaning districts but when you start pushing RINO's in historically conservative voting districts, it pisses off the base. We are now donating straight to conservative candidates. And PALIN.
I'm glad The Hill printerd that, hope the RNC gets the message.
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01-06-2010, 05:22 PM
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Location: mancos
7,687 posts, read 7,476,261 times
Reputation: 6125
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Quote:
Originally Posted by wehotex
don't even get me started with Bush and his vote buying habits. - please.
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i win more bets on this site than any other THANX. keep posting |
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01-06-2010, 06:52 PM
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Location: South Fla
9,636 posts, read 9,376,214 times
Reputation: 1942
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So dont get all happy thinking they have no money to help candidates. The Candidates are the ones getting peoples money and skipping the rnc
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