Democratic National Committee Deep In Debt

The Democratic National Committee, the organization that is in place to elect Socialists, managed by Congresswoman Debbie Wasserman-Smith of Florida, is deep in Debt.  While the Republican National Committee currently has $20 million in the bank and just $1.8 million in Debt, the Democratic National Committee has just $4.7 million in cash and is $6.9 million in Debt.  It appears that Wasserman-Smith is a very poor manager; but then again all Socialists have a problem controlling spending.  The RNC has taken in $89.3 million during this election cycle, while the DNC has taken in just $53.2 million. 

Of course, this could be a little deceptive since donors know that if they really want to buy influence with Hillary Clinton, they must donate to the Clinton Foundation and or pay Billy and Hilly for speaking engagements.  Matter of fact, from the time Hillary Clinton left office as Secretary of State to the time she announced that she is running for President, Billy and Hilly collected more than $35 million in speaking fees.  Not bad for an hour's work here and there before Wall Street Banks, Insurance and other companies.  And, this does not include the millions that were probably donated to the Clinton Foundation, the family business, as well.  This is the reason that the Clinton's are reported to be worth more than $200 million, all gained since Bill Clinton left office.  As Scarlet O'Hara said in Gone with the Wind, Hilly is never going to be hungry again.  Remember, Hillary Clinton claims that the Clinton's were "Dead Broke" when they left the White House, since they had to pay all those legal fees defending Bubba's shenanigan.  They sure aren't dead broke any more.   Yet, Billy and Hilly that have not driven a car themselves in more than 30 years claim to speak for the common man.   Go figure. 

In any case, the DNC is not well positioned to gain seats in Congress going into this election cycle.  Given Socialist President Obama's unpopularity, it says that the big money is betting that the Republicans will not only retain the Congress; but that they will also win the Presidency.   Let's face it. In American politics, given all the corruption and crony Capitalism, it is always "show me the money" and "pay to play".  Frankly, we probably don't even need to hold elections anymore.  Which every party, or candidate raises the most money usually wins the election.   We would save a lot of time, money and hoopla if we just compared candidate and political party bank books in each election cycle and awarded the election to those that raised the most money.  After all, whose bread they eat, whose song they sing. 

P.S. Donald Trump does not need anyone's money.  As a result, he marches to his own drum for better or worse, which is why he is doing so well in the polls.