"The Democratic Party is carrying more than $6 million in debt, according to year-end filings — and has just $6.5 million in the bank. Do the math, and the party is working with just over $400,000 overall. Meanwhile, the Republicans are swimming in pools of money. The Republican National Committee had raised $132 million by the end of 2017 — about twice as much as the DNC — and entered 2018 with almost $40 million to spare, with not a penny of debt."
>DNC: $6.5 million banked ($6 million in debt). >RNC: $40 million banked ($0 in debt).
THE DEMS CAN'T EVEN MANAGE THEIR OWN FINANCES BUT WANT TO SHAPE THE AMERICAN ECONOMY! IDIOTS!
They'll just rally some moronic hollywood types and they'll be swimming in it again.
Christopher Peterson
>dead broke Soros has $18+ billion to blow and not to mention all the NGOs they have fund raising. They cleaned up their dirty game they've been playing by using private "independent" institutions.
Kevin Sanders
don't pay debts and pretty much that's it >no debtors prisons in usa
Owen Brown
Damn, molech needs to get his shit together.
Parker Long
They raise taxes in the states they own and out the money into their party.
Bentley Reyes
Lel the rnc should donate a thousand bucks to them as banter
Nathan Hernandez
What can Sup Forums do, that it's not doing already, to cause the Dems to spend, spend, spend?
Liam Lewis
we
Leo Wilson
they are doing this on purpose
Sebastian Torres
This really should not come as a shock to anyone. The Democrats have been taking a brute force approach to every election since 2016, more so than usual. They are operating under the principal that whichever candidate spends more money will win. Historically, this has been true. So they throw as much money around as they can get their hands on, confident that more cash will flow in as soon as they win the election and carry out the favors they promised to their mega-donors.
But then Donald Trump came along and changed the game. He proved that brains beat brawn, and using your resources tactically, instead of just hurling spaghetti at a wall to see what sticks, will win the day.
We saw this not only in the presidential race, where Hillary outspent Donald by about 30%, but also in the special elections through 2017. There were multiple races where the Democrats shattered all records for money spent at their respective levels, and they lost nearly every race in the process. They've been throwing good money after bad because they don't have any other strategy. This is like Douglas Haig in World War I, where his primary strategy was to have his troops keep charging directly into automatic gunfire, apparently with the notion that the Germans would run out of bullets before he ran out of men.
They're basically running a political Ponzi scheme. Money flows out as fast as it comes in, but as long as it keeps flowing in, the scheme continues to work. The problem now is that because they lost so many elections, particularly the presidential race, many of their mega-donors have pulled out their funding. It's no coincidence that the Clinton Foundation went broke as soon as Hillary lost the race. All those hyper-donors from oversees (particularly the OPEC princes) pulled their money out as soon as it became clear that Hillary and the Democrats could not deliver on their lofty promises.
Michael Martinez
they can't do that without pandering to far left issues west coast donors aren't going to shell out for moderate candidates
David Powell
This, they will never go broke, unfortunately. Plenty of wealthy donors out there.
Joseph Fisher
Without the Clinton Foundation and Clinton Global Initiative to launder Sorosbux the DNC are starving to death BAA... wait, how about they ask BLM for the money back! WOOOOOOOO! HAHHAHAHAHA
Carter White
>Continued The single biggest promise Hillary and the Democrats made to those OPEC princes was to legislate, regulate, and tax the American shale oil industry out of existence while it is still in its infancy. It is important to know that most shale oil drilling is not done by international megacorps like Exxon or Shell. It is mostly done by small start-ups, like Bill's Discount TV's, Shale Oil, and Rib Shack. Exxon can work its way around or through taxes and regulation by just soaking up the costs, because it has more money that most sovereign nations. Bill does not have that luxury. Bill only has as much venture capital as the discount TV's and ribs side of the business can produce. So a little bit of tax here, a little bit of regulatory cost there, and pretty soon Bill is unprofitable and has to close down.
The other thing to note is that the light, sweet crude that comes from shale drilling is flat out superior to every other form of crude known to man. Also, there is more shale oil in the United States than there is regular oil in the Middle East. Those countries whose entire economy is based on petroleum exports are not keen on America producing vast quantities of a superior product and achieving total energy independence.
Coincidentally, every anti-fracking advertisement you've ever seen was paid for by OPEC. Also, remember when the price of oil fell through the floor a few years ago? That was done entirely for the purpose of undercutting American shale oil, because Bill can't survive for long if no one is buying his product. It didn't work, and the shale industry is still developing. That's why they had to try to kill the industry through political machinations.
I say this with no hesitation or reservation: the development of the American shale oil industry is the single most important factor in global geopolitics since the advent of nuclear weapons.
Gabriel Anderson
>raise taxes >no money in the Party coffers
Check the bank accounts of the DNC officials. They robbed their members and constituents blind then funneled it all into their pockets.
Eli Gomez
Honestly Jones and that other guy might have bankrupted them.
Sebastian Davis
They're apparently "dead broke" every year. They get their money from billionaires like Soros and Obama slush funds
Adrian Robinson
Actual accountant here, that's not what an AP statement looks like at all. Fake and gay
Adam Peterson
>>DNC: $6.5 million banked ($6 million in debt). >>RNC: $40 million banked ($0 in debt).
PROOF the RNC is CRASHING!11
Benjamin Jones
> thinking $40 mil isn't broke for a national committee what's it like being a teenager in 2018?
Jace Nguyen
How's that possible? DNC has every super-rich kike and corporation backing it.
Xavier Fisher
>Appear weak when you are strong, and strong when you are weak. ... Careful.
Blake Fisher
>The Democratic Party is carrying more than $6 million in debt OY VEY REMEMBER THE 6 MILLION
John Fisher
Obama was diverting some of the bullshit fines on large companies to left wing groups. Would be interesting to see if any flowed back to DNC
Joshua Butler
>I say this with no hesitation or reservation: the development of the American shale oil industry is the single most important factor in global geopolitics since the advent of nuclear weapons.
Agreed. To a large extent the Arabs will be left to their own devices, which largely involve killing each other, and the US won't have to try to stablise the situation.
Luke Perry
Remember the 6 million in debt!
Daniel Garcia
It effects everything from staffing to financing campaigns.
The DNC being broke means this "blue wave" Democrats keep talking about will never happen if they can't prop up candidates with millions of dollars with campaign contributions.
Those numbers are paltry, considering the money in American politics.
It means they matched their spending and receipts well enough in 2017 to be at almost parity. And they might be using it as a fund-raising excuse to get 5 or 10$ from their low-iq base.
When they'll need a few hundred millions, their multi-national corporate friends will oblige.
Charles Baker
>The Democratic Party is carrying more than $6 million in debt
No wonder Antifa is being so quiet over there.
Jaxon Baker
>When they'll need a few hundred millions, their multi-national corporate friends will oblige. Unless their corporate friends lose trust in their capability to win.
Oliver Morgan
they thought hilldog would win for sure they they outspend themselves lol
Isaiah Richardson
An astute and rare post from Sup Forums. Good work user.
Dominic Hall
The guys in charge have been robbing the coffers. I mean, I guess it doesn't matter when you have globalist international billionaires who set up super-PACs to spam advertising to put their crooked cronies up onto the Hill, but it just goes to show how these career politicians will rob everyone blind for their own self-advancement and leave nothing behind as their Legacy.
Gabriel Thomas
oooh yeah all that shariablue shitposting is costing them bigtime
let's make them hire even more shills to waste more Demorat shekels!
Adrian Morales
That would definitely be good news, but even if they know the Dems sucks, they won't have other choices, and simply let Trumpists win everywhere. I hope the Green party manages to present itself as a credible alternative, locally, to divest some of the fund.
Thomas Perez
There is no shortage of silicon valley cucks to throw money into the DNC so this is a non-issue.
Michael Rogers
Detroit has gone from bankrupt to having nearly $58m in budget surplus since coming under republican leadership, although they probably can never get a loan for decades because of the bankruptcy.
(just posting here since it's somewhat relevant and doesn't really justify it's own thread)
Gabriel Rogers
We really are Shareblue's (and by extension, the DNC's) Vietnam, aren't we?
Michael Johnson
That's illegal.
Michael Gonzalez
And?
Isaiah Hernandez
Kek. Absolutely.
Jason Thomas
It means they can't pay staffers or for advertisements for their candidates or they can't rent buses to bus out of town niggers to rig elections
Levi Reyes
This, Trump hatred will be the only thing driving people to the voting booths now and they'll have to figure out who to vote for on their own meaning the votes will be splintered and no one will get into office. The blue wave is not happening, there will be no impeachment, we killed the Democrat party with our racist pee pees
Jace Foster
The Democrat’s strength doesn’t lie in the main organization but democrat aligned groups. Planned parenthood is a good example of a democratic political group that receives government funding.
It’s much easier for democrats to funnel money into these groups and use them for local campaigns than a main body.
Joshua Hill
This $40,000,000 million, debt-free percent.
Tyler Price
The amount of satisfaction I get from the libsoys getting BTFOOOO in whatever they do is delicious.
Gavin Brooks
HOW DID THIS HAPPEN????!!!! IT WAS HER TURAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Hudson Taylor
what a joke
Adrian Garcia
This is the worst fake i've ever seen. Was this made in Word? This isn't what statements look like. Lemonade stands keep better books. There aren't even transaction reference numbers/codes.
