RNC spending more than it raised

According to an article at The Hill

A 2009 spending spree has left the Republican National Committee (RNC) with its worst election-year cash flow this decade.  The RNC had $22.8 million in cash and no debt when Michael Steele was elected chairman at the end of January, but has since seen its cash on hand drop to less than $9 million at the end of November.

It will be interesting to follow the money, and equally interesting to see how long Michael Steele keeps his job.  It’s sad that the party that was once well-respected for their fiscal restraint now outspends their fund raising performance.  Could they instigate an almighty tax cut of some sort?   They say tax cuts are the solution for all economic woes!

One of the comments to this story is worth repeating here —  “If the Republicans are not frugal with money that was given to them voluntarily, just imagine how they’ll waste money raised through taxes. The Myth of Republican Frugality has taken another hit.”



Filed under Republicans

4 responses to “RNC spending more than it raised

  1. Great point! Republican frugality is a myth that needs to die a slow painful death.

  2. Yesterday on the tea party thread Lilac said, “I agree the Tea Party movement has the capability of crippling the GOP. But I really don’t want the other party to be crippled. If that happens, then we are really left with only one major party and that is not good for the country.”

    I’ve been thinking about this.

    –The party that brags about themselves as being one of fiscal responsibility is going broke.

    –The former VP of the Republican party is “giving comfort to the enemies.” (His very own words when it was anyone else but him!)

    –Republicans have become the party of the angry — white man / woman, taxpayers, Christian evangelicals, birthers, other crazy conspiracists, heterosexuals, radical media voices.. (you get the drift, they’re angry).

    –For intellectual heft they rely on the likes of Palin, Limbaugh, Beck, O’Reilly.

    –Their solution so far is to narrow the litmus tests for membership and definitely leadership roles!

    The GOP cannot prosper with that kind of base, with a lack of ideas, solutions or leadership. And a weak GOP weakens the Democrats. Congress critters of any flavor aren’t known for policing themselves. Last year we saw the Blue Dog Democrats fill the role of challenging the majority party — to the tiny extent this was done at all. Gone were any hints of maturity, debate, discourse, dialogue, compromise.

    America must have at least two strong political parties, at least two ideas to consider in order to arrive at a solution that works best for most.

  3. Should anyone question whether the tea party movement is part and parcel of the Republican Party, read this —

    Sarah Palin is set to headline the first-ever Tea Party Convention next month in Nashville, The Christian Science Monitor reports. Dan Riehl at Riehl World View says she’s being paid $100,000 for the gig. Tickets to the speech cost $349.

    • lillacluvr

      Oh goodie – I get to return to relive all those good times I had in Tennessee and get to see SP at the same time and all for only $349.

      What a bargain…

      Now can I go puke?

      If there is anyplace more wingnuttier than Kansas – it is Tennessee!