Despite liberal lawmakers and the mainstream media predicting a “blue wave” in the 2018 midterm elections, the Democratic Party is “dead broke” and riddled with debt according to insiders familiar with the DNC’s dismal finances.
According to The Week, the Democratic National Committee had a disastrous 2017; coming up short in fundraising goals and saddled with debt from the party’s stunning 2016 presidential defeat to Donald Trump and a string of special election losses.
Year-end filings show the Democratic Party is riddled with more than $6 million in debt, with just over $6.5 million on hand; meaning the party has just $500,000 in cash heading into the highly-contested elections to retake control of Congress.
“Meanwhile, the Republicans are swimming in pools of money. The Republican National Committee had raised $132 million by the end of 2017 — about twice as much as the DNC — and entered 2018 with almost $40 million to spare, with not a penny of debt,” writes the Week.
The lack of Democratic fundraising highlights growing fractures within the Democratic party as it sets its sights on 2018; with the progressive wing furious over Senate Minority Leader Chuck Schumer’s shutdown surrender earlier this month.
DNC IN RUINS: Donna Brazile COMES CLEAN on Schultz, Hillary, Obama
Excerpts from former DNC Chief Donna Brazile’s upcoming memoir continues to send shockwaves in Democratic circles as the Clinton insider spills the beans on Debbie Schultz, Hillary, Obama, and others.
An excerpt, titled “Inside Hillary Clinton’s Secret Takeover of the DNC” was published Thursday by Politico, and illustrates the infighting, secrecy, and ultimate takeover of the Democratic Party by senior Clinton operates months before she won the nomination.
“Debbie [Schultz] was not a good manager. She hadn’t been very interested in controlling the party—she let Clinton’s headquarters in Brooklyn do as it desired so she didn’t have to inform the party officers how bad the situation was,” she wrote.
Brazile then turned her sites on Obama, saying “President Barack Obama’s neglect had left the party in significant debt. As Hillary’s campaign gained momentum, she resolved the party’s debt and put it on a starvation diet. It had become dependent on her campaign for survival.”
While the former DNC boss doesn’t say the arrangement was “illegal,” she does call Hillary’s takeover “unethical.”
“The funding arrangement with [Hillary for America] and the victory fund agreement was not illegal, but it sure looked unethical,” she added.
DNC RAGE: Radical Rep. Keith Ellison ENDORSES ANTIFA Terror Group
Deputy Chairman of the Democratic National Committee and Minnesota Congressman Keith Ellison openly supported the radical left-wing hate group commonly known as Antifa on Wednesday, posting a photo of himself holding the organization’s “Anti-Fascist Handbook” on social media.
Ellison published the ill-conceived selfie on twitter this week, adding that he “found the book that strike fear in the heart of @realDonaldTrump.”
One key problem for the radical representative: Antifa is considered by FBI Director Christopher Wray as an “active domestic terror” ideology. Speaking with legislators last fall, the Bureau chief blasted the left-wing group over widespread violence at pro-Trump rallies throughout the country.
“While we’re not investigating Antifa as Antifa — that’s an ideology and we don’t investigate ideologies — we are investigating a number of what we would call anarchist-extremist investigations, where we have properly predicated subjects of people who are motivated to commit violent criminal activity on kind of an Antifa ideology,” Wray told a House panel.