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Flat broke: Democratic Party on the skids as donations dry up; down millions

(National SentinelCampaign finances: It’s hard to mount successful political campaigns in today’s America when you’re broke — and the Democrats are broke.

As reported by The Gateway Pundit, a new Federal Election Commission report notes that the party’s down millions upon millions of dollars since the November elections:

Under the leadership of former Obama official Tom Perez, a new FEC report reveals the DNC finished the month of June $3.3 million in debt. 

They’re broke. Just like their policies.

That led The Observer to report that the Democrats are not just broke, but unpopular as well:

DNC Chair Tom Perez recently sent out a fundraising email to supporters claiming, “I know garbage when I see it,” citing that he once worked on a dump truck. It’s ironic that he referred to the GOP health care bill as a “flaming dumpster fire” because he has been presiding over the disaster that is the Democratic National Committee. The organization reported that May 2017 was its worst fundraising month since the Iraq War in 2003, and April 2017 was its worst fundraising month since 2009. In May, the DNC also reported that it has $1.9 million in debt. Despite the fact that former Secretary of Labor Tom Perez was recruited by Barack Obama to appease the party’s donors, lobbyists and PACs, even they have refused to prop up the failing brand.

Not approving of the strategies laid out at a retreat for donors in January 2017, billionaires Mark Pincus and Reid Hoffman started their own political organization, Win the Future. As donors are increasingly tired of seeing their investments go to waste, many have started their own funds or used their access to take over leadership positions themselves—such as Florida billionaire donor Stephen Bittel did to become the Florida Democratic Party chair earlier this year. Democratic billionaire J.B. Pritzker is running for governor of Illinois, and billionaire Tom Steyer is debating running for governor of California. Haim Saban and James Simons poured millions into Hillary Clinton’s presidential campaign, but they have yet to be listed by the FEC as DNC donors in 2017. Additionally, George Soros has only given $33,900 to the DNC in 2017, but he poured millions of dollars into the Democratic Party in 2016.

By comparison, the GOP is having great luck fundraising, having taken in more than $13 million in June, The Hill reported.

Granted, we’ve not been very impressed with the GOP Congress’ first six months under Trump, owning both lawmaking-branches of government. But there is obviously much more confidence among the electorate for Republican-Trump leadership than there is for the Democratic Party, whose leaders have done all they can to divide Americans into groups and subgroups, all aggrieved and all who are pissed off at their country (and Trump) for some reason.

Obviously that’s not a winning strategy, but frankly, we encourage the DNC to continue it anyway. We love it when Democrats lose.



1 Comment on Flat broke: Democratic Party on the skids as donations dry up; down millions

  1. Aha! So THIS is why I suddenly got an email response from the office of Obama! I don’t even think it really came from him. I think staff are going through old messages and sending out little speeches as a response, trying to look like they care to pacify the people now. It’s lame! They chose not to hear our voices, and they haven’t changed. They just think some stupid speech about hope and a brighter future will make us forget that they blew us off and didn’t care about our suffering. I got this message and it totally baffled me and depressed me as well. I felt like I was being manipulated, and I was. It didn’t work. I’m glad to know they are broke, because even now they have learned nothing and think we are stupid sheep. I’m totally disgusted.

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