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MinneapolisMatt

(1,550 posts)
Mon Apr 9, 2012, 05:55 PM Apr 2012

Report: Minnesota Republicans unable to pay headquarters rent

Saddled with millions of dollars of debt, the Republican Party of Minnesota has not paid rent on its St. Paul headquarters for several months, according to a document obtained by Politico.

In a memo to the party's Executive Committee members, Secretary-Treasurer Bron J. Scherer writes that:

" ... we continue to be in a precarious working capital position. Consequently, please note that we are not paying our office lease rent payment currently (but have been in discussions with our landlord) and have not yet negotiated long-term payment schedules and/or negotiated settlements relating to most of the vendors on the accounts payable aging (see accompanying financial statements and schedules for summary accounts payable aging reports as of February 29 and January 31, 2012)"

More: http://www.startribune.com/politics/statelocal/146693915.html

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Fiscal responsibility at its finest!

12 replies = new reply since forum marked as read
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Report: Minnesota Republicans unable to pay headquarters rent (Original Post) MinneapolisMatt Apr 2012 OP
I'm sure it's Obama's fault. tanyev Apr 2012 #1
Ask the Kochs. aquart Apr 2012 #2
Should be a warning to all who were contracted to do commericals for them. Suckers! freshwest Apr 2012 #3
Bankrupt, like Newt, politically and fiscally... Raven Apr 2012 #4
Fiscal responsibility at its finest! malaise Apr 2012 #5
Reminds me of an old song. Instead of Jim Dandy to the rescue... wandy Apr 2012 #6
they should move their HQ under a bridge. n/t Jumping John Apr 2012 #7
Ask Bachmann southernyankeebelle Apr 2012 #8
Kochs will fund them. No problem. The GOP will not need to worry about money, there are AlinPA Apr 2012 #9
Of course you know SoCalNative Apr 2012 #10
I think we all know what the real problem here was. Dr. Strange Apr 2012 #11
Rachel led off with this tonight! MinneapolisMatt Apr 2012 #12

wandy

(3,539 posts)
6. Reminds me of an old song. Instead of Jim Dandy to the rescue...
Mon Apr 9, 2012, 06:14 PM
Apr 2012

Charles and David to the rescue.
Come ON, Koch brothers. You're servants need you!

AlinPA

(15,071 posts)
9. Kochs will fund them. No problem. The GOP will not need to worry about money, there are
Mon Apr 9, 2012, 06:56 PM
Apr 2012

10's of billions coming from the SuperPacs and wealthy republicans.

SoCalNative

(4,613 posts)
10. Of course you know
Mon Apr 9, 2012, 07:03 PM
Apr 2012

if it were property one of them owned and someone wasn't paying their rent, the eviction proceedings would already have begun...

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