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Old 01-07-2010, 09:25 PM   #1
Rigs11
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Default GOP needs a bailout

The GOP spends like a drunken sailor and we are supposed to trust you with the economy?

Worst RNC cash flow in a decade
By Aaron Blake - 01/06/10 06:00 AM ET
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.

continued...

http://thehill.com/homenews/campaign...ow-in-a-decade
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Old 01-08-2010, 08:05 AM   #2
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Pony up rightards. your party needs you.
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Old 01-08-2010, 10:59 PM   #3
L.A. BRONCOS FAN
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Quote:
Originally Posted by Rigs11 View Post
The GOP spends like a drunken sailor and we are supposed to trust you with the economy?

Worst RNC cash flow in a decade
By Aaron Blake - 01/06/10 06:00 AM ET
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.

continued...

http://thehill.com/homenews/campaign...ow-in-a-decade


This is, after all, the same party that left America in hock to the Chinese and the Saudis for untold generations to come and whose last *president borrowed more money (to give to his super-wealthy friends) from foreign lenders than all previous American presidents combined.
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