"DNC, Obama campaign millions in debt, RNC in the clear, according to reports"

[applegrove]

DNC, Obama campaign millions in debt, RNC in the clear, according to reports

Posted by Tim Farnam at the Washington Post

http://www.washingtonpost.com/blogs/post-politics/wp/2013/02/01/dnc-obama-campaign-millions-in-debt-rnc-in-the-clear-according-to-reports/?Post+generic=%3Ftid%3Dsm_twitter_washingtonpost

"SNIP......................................

The Democratic National Committee is carrying $21 million in debt — a contrast to its Republican counterpart, which enters the 2014 election cycle with no obligations, according to disclosure reports filed last night with the Federal Election Commission.

President Obama’s campaign was also in the red, with $5.8 million in debt and $3.3 million cash on hand.

“The RNC now enters 2013 without any debt, allowing us to move forward on a solid financial footing,” Chairman Reince Priebus said in a statement. “With the continued support of our donors and sound financial stewardship, we will move swiftly to renew our party and grow our ranks so that we can win more elections — in 2013, 2014 and beyond.”

Republicans clearly have a financial edge at the moment, but Democrats have a key advantage going forward: the office of the presidency and Obama himself, one of the greatest political fundraisers of all time, who was able to raise more than $1 billion for his reelection, largely by convincing millions of people to donate in small amounts.

.......................................SNIP"

[applegrove]

2. Citizen's United?

[brush]

5. ??????

Who knows if this is even true. Sounds like something planted in the media by the right.

[sellitman]

3. The Supreme Court made sure the GOP will be perfectly funded forever.

[brush]

7. Who knows if this is even true. Sounds like a right wing media plant. nt

[silverweb]

8. Agreed.

[font color="navy" face="Verdana"]I vaguely remember hearing pretty much the opposite during the campaign.

[dawg]

9. The idiots went into election day with extra money sitting in the bank.

They were so certain they were going to win, no need to spend any more. The unskewed polls told them so.

[madrchsod]

10. the comment section in the paper is really.....

well i really do`t know how to describe it.

if money makes the difference in politics i guess obama and all the millions that voted for him proved that theory wrong.

[Thinkingabout]

11. Doesn't make sense, Obama's campaign just paid off Hillary's campaign debts.

Why in the hell would he leave his campaign in debt and pay hers off. Sounds like propaganda someone wants to get started.