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Democratic Party puts their HQ up for collateral to cover debt
Posted on 7/27/26 at 12:24 pm
Posted on 7/27/26 at 12:24 pm
Apparently, they’re hurting for cash at the moment.
The DNC chairman made party leaders sign NDA’s concerning finances a few weeks back. The Dem’s are $18 million in debt with $15 million in the bank, while the GOP has $125 million cash on hand and no debt.
LINK
quote:
The Democratic National Committee chairman furiously threw his phone at the desk of an aide in a fit of rage earlier this month as he deals with mounting pressure over the DNC’s financial woes, the New York Times reported. Martin’s angry outburst prompted a complaint from the junior staffer to human resources, which met with the DNC boss to discuss his conduct. The unsettling outburst came ahead of the high-stakes midterm elections as the remarkably cash-strapped DNC is relying on a $15 million loan, its largest-ever off-year borrowing that saw the committee put up its DC headquarters and other assets as collateral.
The DNC chairman made party leaders sign NDA’s concerning finances a few weeks back. The Dem’s are $18 million in debt with $15 million in the bank, while the GOP has $125 million cash on hand and no debt.
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Posted on 7/27/26 at 12:27 pm to DesScorp
Haven’t super pacs rendered these as feckless?
Posted on 7/27/26 at 12:27 pm to DesScorp
USAID money is drying up. They are gonna need BLM to step up and incite a riot or some other race issue so they can scam people for more money.
Posted on 7/27/26 at 12:29 pm to NIH
Super PACS can only do so much when your base consists of Somalians and the mentally ill
Posted on 7/27/26 at 12:32 pm to DesScorp
The DNC having money troubles at the same time as that sweet, sweet USAID cash being shut off is a helluva coincidence.
Crazy how nature do.
Crazy how nature do.
Posted on 7/27/26 at 12:33 pm to DesScorp
quote:
The Dem’s are $18 million in debt with $15 million in the bank
Posted on 7/27/26 at 12:33 pm to DesScorp
Huh, using assets as collateral for funding cash flow. Isn't that supposed to be an issue right now they are fighting?
Posted on 7/27/26 at 12:36 pm to DesScorp
quote:
'Don’t Bill Us Until After the Mid-Terms'
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Posted on 7/27/26 at 12:36 pm to DesScorp
quote:
The Dem’s are $18 million in debt with $15 million in the bank,
By all means, let’s put them in charge of our economy.
Posted on 7/27/26 at 12:37 pm to GBPackTigers
quote:
@AGHamilton29
There’s a reason that Dems are having to run illegal foreign donor schemes via ActBlue.
They chose to let toxic far-left activists who hate the party steer their direction. The idea this wouldn’t alienate donors/voters was always a fantasy.
Their entire election strategy relies on voter frustration with Trump/Republicans and voters having to pick one, but that’s not as enticing to donors as they always have the option to just keep their own money.
Posted on 7/27/26 at 12:41 pm to DesScorp
The RNC should use their funds as leverage on RINOs to vote for the SAVE Act. Problem is, I don’t trust the RNC anymore than the RINOs, as they are probably the same thing.
Posted on 7/27/26 at 1:03 pm to Bwmdx
quote:
USAID money is drying up.
It's so damn obvious.... yet, many folks are too brainwashed and their attention span too diminished that they won't recognize the obvious connection.
Posted on 7/27/26 at 1:10 pm to DesScorp
This needs its own thread
Wait I'll go post it...
Wait I'll go post it...
Posted on 7/27/26 at 1:13 pm to GoCrazyAuburn
quote:
Huh, using assets as collateral for funding cash flow. Isn't that supposed to be an issue right now they are fighting?
They'll have to impeach themselves.
Posted on 7/27/26 at 1:47 pm to DesScorp
They'll need to explain to the socialists/communists that collateral is part of our capitalist society. Lenders don't provide financing for free.
Posted on 7/27/26 at 1:54 pm to NIH
Yes the two dem superpacs hold about 220 million and here is the republican:
MAGA Inc.: $401 million on hand
Congressional Leadership Fund (House GOP): $142 million on hand
Senate Leadership Fund (Senate GOP): $239 million on hand
MAGA Inc.: $401 million on hand
Congressional Leadership Fund (House GOP): $142 million on hand
Senate Leadership Fund (Senate GOP): $239 million on hand
Posted on 7/27/26 at 2:01 pm to DesScorp
It’s weird how cutting off their money laundering sources has caused financial hardships!
Posted on 7/27/26 at 2:03 pm to DesScorp
Who would have guessed that the party of the “educated” was mostly gender studies majors working as baristas who can’t afford to donate .
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