DNC financial problems go critical

The DNC brand is damaged.
While the RNC raised a record $13.4 million in June, bringing its total 2017 fundraising to $75.3 million, the DNC actually went further into debt.

The Democratic National Committee (DNC) added $200,000 to their now $3.3 million debt in June, according to the most recent Federal Election Commission report, falling further behind Republican fundraising efforts.
The Republican National Committee (RNC) outpaced the Democrats in fundraising in June by over $8 million, raising a staggering $13.5 million compared to the DNC's $5.5 million.

This follows a May that was the DNC's worst fundraising month since the Iraq War in 2003, and April was its worst fundraising month since 2009.
The DNC has $7.5 million on hand, while the RNC has $44.7 million in cash on-hand.

However, it's not all bad news.
The Obama Foundation is receiving enormous payoffs.

According to the website, at least eight donors had given the foundation donations in excess of $1 million.

Proving that cheaters do indeed prosper, Donna Brazile is cashing in.

Former DNC Vice Chair and Interim Chair Donna Brazile plans to publish a book about her experiences at the DNC while the organization grappled with leaked emails released by Wikileaks. The book is called Hacks: The Inside Story of the Break-ins and Breakdowns that Put Donald Trump in the White House, a title that seeks to avoid responsibility for anointing Hillary Clinton as the Democratic presidential nominee and cheating to do so. CNN severed ties with Brazile after Wikileaks released emails from Clinton Campaign Chair John Podesta revealing that Brazile tipped off the Clinton campaign to questions before CNN debates. Brazile also informed Clinton’s team about a social media campaign that Bernie Sanders was engaged in during the primaries.
...Despite this statement and revelations that Brazile cheated to help Clinton, thereby violating the DNC Charter, the Democratic National Committee rewarded Brazile for her loyalty by keeping her on as the DNC Interim Chair and keeping her on payroll as late as April 2017—two months after she formally left her position. On July 8, the DNC sent out a fundraising email to supporters from Donna Brazile, signaling she is still very much involved.

Gosh, you don't suppose that keeping the corrupt Brazile in the public's face might have something to do with the fundraising problems?
Or maybe being a proven loser might have something to do with it?
Nah. Just keep punching left, Dems. It's what you do best.

Tags: 
Share
up
0 users have voted.

Comments

And as for Tom Perez:

up
0 users have voted.

Kamala was vetted by Clintonites, so now she's been approved.

up
0 users have voted.

@gjohnsit

up
0 users have voted.
SpamNunn's picture

@LoneStarMike
Some of these are pretty cold. The truth hurts.

up
0 users have voted.

It's just my opinion. It can't hurt you

dervish's picture

@LoneStarMike Good ones!

up
0 users have voted.

"Obama promised transparency, but Assange is the one who brought it."

detroitmechworks's picture

I've GOT IT!
"Everybody Loves a Loser!"

[video:https://www.youtube.com/watch?v=2o1bO-KrJoo]

up
0 users have voted.

I do not pretend I know what I do not know.

the U.S. House, the U.S. Senate, most state houses and many state legislatures. Let's say I want to invest in getting some legislative and regulatory, um, "goodwill" for my business or my industry, where would my donation $$ go?

Unrepentant Donna Brazile would bother a donor like me, but I haven't donated anything to Democrats except for one 2016 "Democratic" (wink, wink) primary candidate from Vermont for a while anyway.

What do we know of how these people spend? They've had all kinds of problem--public relations, computer, legal, etc. Some kinds of consultants don't come cheap. And, as best I can tell, many in the political field have few qualms when it comes to expense account type expenditures.

And where's likeable George Clooney with his $350K per couple fundraisers, just when broke New Democrats need him most?

Besides dharma, what rhymes with karma?

up
0 users have voted.
k9disc's picture

@HenryAWallace

up
0 users have voted.

“Tactics without strategy is the noise before defeat.” ~ Sun Tzu

@k9disc

I posted about Obamacare only minutes ago. I didn't mention how Obama got Congress to kill a drug reimportation bill in order to keep the deal he'd made with Big PHRMA, though. Or how Congress simply screwed us to accommodate Obama.

Sigh. So many betrayals, so little time.

up
0 users have voted.
thanatokephaloides's picture

@HenryAWallace

Besides dharma, what rhymes with karma?

PHARMA.

up
0 users have voted.

"US govt/military = bad. Russian govt/military = bad. Any politician wanting power = bad. Anyone wielding power = bad." --Shahryar

"All power corrupts absolutely!" -- thanatokephaloides

WoodsDweller's picture

Film at 11, stay tuned.

up
0 users have voted.

"The greatest shortcoming of the human race is our inability to understand the exponential function." -- Albert Bartlett
"A species that is hurtling toward extinction has no business promoting slow incremental change." -- Caitlin Johnstone

Cant Stop the Macedonian Signal's picture

@WoodsDweller Well...actually, the establishment, I think, usually continues to fund both parties because they'll need whichever party is out of power to pose as an unwilling victim dragged along into consistently terrible policy decisions by the party in power. Thus, from 2000-2008 the Republicans are the nightmare monster that must be defeated, while the Dems are the imperfect good guys who will, with help, rise up and defeat the nightmare monster and make things better (slowly and imperfectly, because, you know, "world as we find it.") From 2009-2016, the Democrats are the monstrous villains who continued the wars, let Wall St commit crimes with no consequences, forced austerity on the true victims of Wall Street's disgusting binge drunk, and allowed the police state to grow at a record pace, while the Republicans--at least some of them--are the libertarians out for the Bill of Rights, an isolationist foreign policy, protectionism, and a better life for the little guy. Then the Republicans become the monstrous villains who take healthcare away from the American people and have dubious ties with nasty foreigners while being cruel to other foreigners who want to immigrate here, while the Democrats become the defenders of everything Black, female, immigrant, or Muslim (which is almost too much to contemplate without spitting up one's coffee on one's keyboard.)

This stupid crap narrative is complicated nowadays by the elites discovering the wonders of the Obama era, in which you can, for the small price of allowing an elitist with Black skin into the Presidency, take over anti-racist discourse and puppeteer a remarkable number of anti-racist movements, using them as your firewall against criticism which creates a sort of boomerang effect of catapulting the critic's criticism back at him in the form of a character attack. You don't even have to get creative about the character attack. You don't even have to make up a story, as they did from Kerry all the way back to Muskie. The act of criticizing Barack Obama is enough to condemn you. Now the act of criticizing Hillary is enough to condemn you. Hell, the act of not criticizing Trump loudly and constantly enough is enough to condemn you.

up
0 users have voted.

"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

money by skipping the whole "primary" thing and just anointing Kamala Harris now. $7.5 million cash on hand isn't enough to fake a whole primary but it should cover a pretty nice coronation.

up
0 users have voted.
dervish's picture

@Dopeman That would be quick and easy, and in light of the rampant corruption in this country, the result will probably be the same anyway.

up
0 users have voted.

"Obama promised transparency, but Assange is the one who brought it."

travelerxxx's picture

@Dopeman

... but I imagine it's a done deal. Kamala Harris? Really? The Democrats haven't changed a damn thing and have absolutely no intention to do so.

It's gone to the Harris County landfill now, but a couple of days ago I received a "questionnaire" from the Democrats. In it, they supposedly want my opinion of what the most important issues should be for the Democrats. There was a list of suggested concerns. Number one on the list: Russian meddling in American elections

They just don't get it. 2018 is going to be a wipe-out for Democrats nationwide. Constitutional Convention, here we come! All thanks to these idiots with a "D" after their name.

up
0 users have voted.
SpamNunn's picture

@travelerxxx
Um, jobs anyone?

Duh.

up
0 users have voted.

It's just my opinion. It can't hurt you

dervish's picture

@travelerxxx I fill it out with troll answers.

up
0 users have voted.

"Obama promised transparency, but Assange is the one who brought it."

travelerxxx's picture

@dervish

Naturally, the bottom line was asking how much jack you were sending them. Totally disgusting. In fact, so disgusting that I couldn't even bring myself to glue the SASE to a brick and send it to them. It went straight in with the banana peels...

up
0 users have voted.
dervish's picture

@travelerxxx They truly don't want our input, only our money. They'll never get squat from me.

up
0 users have voted.

"Obama promised transparency, but Assange is the one who brought it."

thanatokephaloides's picture

@travelerxxx

Naturally, the bottom line was asking how much jack you were sending them. Totally disgusting. In fact, so disgusting that I couldn't even bring myself to glue the SASE to a brick and send it to them. It went straight in with the banana peels...

We really do need to set you up with a source for surströmming......

Wink

up
0 users have voted.

"US govt/military = bad. Russian govt/military = bad. Any politician wanting power = bad. Anyone wielding power = bad." --Shahryar

"All power corrupts absolutely!" -- thanatokephaloides

travelerxxx's picture

@thanatokephaloides

From Wikipedia:

During production of surströmming, just enough salt is used to prevent the raw herring from rotting

No amount of salt is going to help the rotten Democrats.

up
0 users have voted.
thanatokephaloides's picture

@travelerxxx

From Wikipedia:

During production of surströmming, just enough salt is used to prevent the raw herring from rotting

No amount of salt is going to help the rotten Democrats.

The Dems more resemble hákarl, you say?

Wink

up
0 users have voted.

"US govt/military = bad. Russian govt/military = bad. Any politician wanting power = bad. Anyone wielding power = bad." --Shahryar

"All power corrupts absolutely!" -- thanatokephaloides

@travelerxxx
I tried it, I don't think the herring had enough salt.

up
0 users have voted.

@travelerxxx

not going to do it this time.

up
0 users have voted.

@dervish
but if I was I would tell them, "I only want to hear 'Russia Russia Russia' and nothing else. If you even mention Medicare for all I will go back to voting for Romney."

up
0 users have voted.
dervish's picture

@gjohnsit

up
0 users have voted.

"Obama promised transparency, but Assange is the one who brought it."

@travelerxxx

It doesn't matter if they win or lose elections. They get well taken care of personally, no matter what. Look up where people who are no longer in office went after they left government. All to prestigious, excellent paying jobs that they probably would not have gotten if they catered to voters instead of to lobbyists.

up
0 users have voted.
snoopydawg's picture

@travelerxxx
this has been the plan for some time, imo. Why else would the democrats let the republican candidates run unopposed or not fund the democrat running against them?
I would think that after they got wiped out in 2010 and lost control of the house, again, that they would change what they were doing.
But no. In 2014 they lost even more seats and now even though the republicans hold all 3 houses of government, the democrats are still f*cking around with finding a message to run on when they know damned well that if they actually meant it and ran on single payer they would win in a heartbeat.
This is what they did in 2006 when they ran against the Bush administration's actions. "Put us in power" they told us "and we will fix it."
So we did and we all know how that turned out.

So yeah, I think the democrats are fully on board with what is happening. In a sane world, seeing the threat of an insane party on the verge of being able to do a constitutional convent should scare the shit out of that party.
Look at what we are getting from them instead.
Too bad we can't hold them criminally accountable for the deaths that are going to follow if the GOP gets to change the constitution. Imagine what they will do and then double that..

up
0 users have voted.

Which AIPAC/MIC/pharma/bank bought politician are you going to vote for? Don’t be surprised when nothing changes.

CB's picture

Why should they? If they are not in power, how can they manage to repay the favor?

Politics has always been a quid pro quo game, except for the suckers at the bottom.

up
0 users have voted.

The DCCC has figured out that it wants all those bankster's dollars. No need for us progressives to apply to the DCCC for any aid in running because THEIR puppet meisters want nothing to do with progressives!

up
0 users have voted.

glitterscale

@glitterscale

elected on their own, they have to kick in money to subsidize their blue dog colleagues.

up
0 users have voted.
k9disc's picture

Lord Marshall - That we acknowledge your many accomplishments, your steady faith, and above all, your unflinching loyalty.

Vakko - Obedience without question. Loyalty till UnderVerse come.

Lord Marshall - Well done, Vaako.

@glitterscale , It's been a long time since I smelt beautiful. Wink

up
0 users have voted.

“Tactics without strategy is the noise before defeat.” ~ Sun Tzu

They're not getting donations because donors have not yet gotten any return on all of the money they sank into hillary. You can only imagine the promises that were made. It reminds me of the article that came out on election day, reporting that during the day staffers were looking at dc real estate and discussing what their titles were going to be in the admin. By evening, it had all evaporated. I confess I thoroughly enjoyed their flipped fortune.

up
0 users have voted.

@orestes

Everyone in the Democratic Party owes both Clintons. Their ability to make money influence peddling still exists.

up
0 users have voted.

@HenryAWallace I'm not so sure. Yes, hillary's pac is probably a return on investment, but they're tarnished as all hell after the election. I knew this would be the case when Bill was campaigning for her in NH the weekend before the primary and could only attract a handful of people. Nobody wants anything to do with these grifters. Their fingers are itchy for a new con, but the marks are drying up.

up
0 users have voted.
Wink's picture

@orestes

up
0 users have voted.

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

"The Triumph of Obama’s Long Game."

So I guess losing both houses of Congress, the POTUS, and most of the states was just 11th dimensional chess.
Brilliant!

up
0 users have voted.

@gjohnsit

Obama's long con, er, I mean game?

up
0 users have voted.
Wink's picture

@HenryAWallace
be out of the WH before O-Care became Hillary's problem.

up
0 users have voted.

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

@Wink

up
0 users have voted.

over at WayofTheBern

1) Perkins Coie charges to the DNC for the month of June were $121,060.42. Of that amount, the DNC disbursed payments to Perkins Coie of $80,981.20. DNC's outstanding balance to Perkins Coie at the end of the month was $40,079.32. The bulk of the payments are for $40,000 each and the description is for legal services. The other odd amounts are for things like postage and travel, etc. I think the $40,000 is the monthly legal retainer fee.

2. There are three PAC's associated with the DNC

  • Hillary Victory Fund
  • Hillary Action Fund (added recently)
  • Democratic Hope Fund (added recently)

In June, Hillary Victory Fund transferred $76,000 to the DNC, and Hillary Action fund transferred three payments totaling $267,388.36 to the DNC.

Back on April 4 (See Page 8) The Democratic Hope fund transferred $350,000 to Obama for America.

And here was the question posed by another user at WoTB:

I wonder if this is actually a defensive maneuver. Keep the cash out of the official party coffers just in case the leftist infidels can get over the walls. This way, they still control the money that controls the party, but if we get control of the party, we still can't touch the money.

I think a lot of the big donors have stopped donating to the DNC and instead donating to PAC's

up
0 users have voted.

@LoneStarMike

up
0 users have voted.
Cant Stop the Macedonian Signal's picture

@LoneStarMike How long till they decide they don't need parties as intermediaries?

up
0 users have voted.

"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

Wink's picture

@LoneStarMike
a PAC? That's the argument I always get from Armando. "Wink, it's just a PAC, it's Not the party." Well, maybe, but if it controls the money what's the difference (is my argument)?

up
0 users have voted.

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

@Wink

I tried a google search, but this was all I could come up with

What are the differences between a PAC/SuperPAC and a political party?

A PAC is a political action committee that basically collects campaign contributions to donate to campaigns for or against a particular candidate or issue. An organization becomes a PAC when it receives/spends more than $2,600 on influencing a federal election. Federal PACs can donate specified amounts to candidates, political parties and other PACs, but can donate unlimited amounts independent of a candidate or political party.

Super PACS (independent-expenditure only committees) cannot donate to candidates or parties. They can, however, spend an unlimited amount independent of those two entities. There is also no limit on how much money an individual or group can donate to a super PAC, unlike a regular PAC.

Political parties are groups that collectively seek common goals through political power. They are not, fundamentally, fundraising groups like PACs/Super PACs, though they do fund political campaigns. In the United States, we have a two-party system, with the right and left catching almost every piece of the ideological spectrum. Donations to and spending by political parties is highly regulated by the Federal Election Commission (FEC). An individual may only give $2,700 per election (primary and general count as different elections) to a candidate. In a presidential election, an individual may only contribute $2,700 for the entire primary campaign period, not per individual state primaries.

A political party offers candidates for public office, while PACs support candidates that are generally already pursuing office.

up
0 users have voted.
Wink's picture

@LoneStarMike
may "not be the party" (as Armando tells everyone), but what other entity more reflects the party? None. That's what. The DNC may not have birthed Hillary, but they did all they could to coronate her ass.

up
0 users have voted.

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

@Wink

up
0 users have voted.

@Wink

up
0 users have voted.
snoopydawg's picture

@LoneStarMike this seems to be just one more way to transfer power from we the people to the 'corporations are people'.
Yes I know, it has been this way since long before the robber baron days, but the gall of this being out in the open is appalling!

up
0 users have voted.

Which AIPAC/MIC/pharma/bank bought politician are you going to vote for? Don’t be surprised when nothing changes.

Wink's picture

@snoopydawg
any need for them to hide their intentions. Doesn't matter who knows about it, there's not a damn thing they /we can do about it.

up
0 users have voted.

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

drown the remainder in the bathtub.

up
0 users have voted.

chuck utzman

TULSI 2020

Wink's picture

@chuckutzman

up
0 users have voted.

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

The money will come once the 2020 presidential election happens and it can once again launder money meant for states to go to the establishment candidate. And once again George Cloony can piously declare the dems must have big money to fight big money. Plus he said the was okay as the money he raised was to go to down-ticket candidates, which by everything published about the money laundering back to Hillary never happened.

Looks like donors are still around, but giving directly to PACs and candidates. At this point really no need to donate anyway as the DNC is in the hands of Obama supporters and Clintonistas.

up
0 users have voted.

@MrWebster

money, Democrats surrendered unconditionally circa 1980.

Also tell him not to be so gullible.

up
0 users have voted.
Cant Stop the Macedonian Signal's picture

are sick of the DNC's nonsense, or if the elites have finally decided it's not worth spending money on the Democratic Party.

If it's the elites, then they're probably just funneling their money toward the party that has a better chance at the moment. But what I'm not sure of is whether this strategy is going to continue to work for them:

hep4JIo.jpg

up
0 users have voted.

"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

Cant Stop the Macedonian Signal's picture

By the way, apparently the artist who drew that cartoon has already been attacked as an anti-Semite. Don't criticize a banker! Criticizing bankers, just like criticizing Obama or Hillary, automatically makes you a potentially murderous bigot.

Wow. Looks like a serious takedown: apparently the guy's cartoons were altered to be anti-Semitic and circulated with his name still on them. Serious hatchet job. 4chan contains, shall we say, both anti-establishment and establishment forces. This smells of political consultants and the CIA.

http://knowyourmeme.com/memes/people/ben-garrison

up
0 users have voted.

"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

Cant Stop the Macedonian Signal's picture

@Cant Stop the Macedonian Signal Here's the altered images:

979.jpg

up
0 users have voted.

"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver