A Republican National Committee drained of cash

Michael Steele, chairman of the Republican National Committee, is peddling a book that says the GOP has been on the wrong track for nearly two decades.

This article from The Hill, a D.C. newspaper, isn’t likely to help convince Republican grassroots that there’s been a change of direction:

A 2009 spending spree has left the Republican National Committee (RNC) with its worst election-year cash flow this decade.

The largest GOP party committee has $8.7 million in the bank heading into an election year with 37 governors’ races, a dozen major Senate contests, dozens more in the House and an all-important redistricting cycle on the horizon.

Said one RNC official: “It is very troubling, and the thing is, most people don’t understand this. But it is really troubling.”

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.

For instant updates, follow me on Twitter.

9 comments Add your comment

Elf on the Shelf

January 6th, 2010
12:31 pm

First* (in the hearts of my countrymen).

*If George Washington was a complete loser that he felt compelled to heap glory upon himself for how big his horse’s pies were.

CJ

January 6th, 2010
12:51 pm

Maybe the Dem Party can be next to run out of cash. Then maybe both parties can choke on their own debt and our country can be saved from these two evil forces.

It’s amazing that we live in a country of mostly rational people, yet somehow, our goverment has been taken hostage by these two groups of clowns who have convinced the masses that the only choices or Pelosi/Frank or Delay/Bush. How has the middle majority allowed these people to do this to us?

More Liebermans, Snowes, Millers and Caos (He’s my new favorite) who can independently think for themselves and their consitutents and fewer partisan hacks who think they need to follow orders given by someone else and we would be much better off. After all, look at the mess the present two party system has put us in now.

michelle

January 6th, 2010
1:19 pm

They need to let Jack Abramoff out of prison. He’ll get them some money.

Dr. Ellen Brandt

January 6th, 2010
2:08 pm

The extremists may get the headlines. But at Linked In’s new Centrists Group, we believe that building bridges and reaching consensus is not only possible, but essential, in our current political climate.

If you agree, please consider joining us. Provocative and fascinating, but cordial and respectful discussions. No ranters and ravers, script bots, or clandestine political operatives allowed.

Contact me at Linked In for an invitation.

Thank you.

Ellen Brandt, Ph.D.

The Snark

January 6th, 2010
3:09 pm

Please do not give money to politicians. It only encourages them. Better to give whiskey and handguns to teenagers.

Keith

January 6th, 2010
3:57 pm

I wouldn’t necessarily blame Steele. Grassroots Repub’s are tired of the GOP elite backing moderates over conservaives in contested primaries like Florida this year. My fellow Republicans, give your cash directly to the candidates you suport and bypass the party.

MurphtheSurf

January 6th, 2010
9:44 pm

The GOP deserves better

I am a Democrat. I worked for the election of Barack Obama. I believe in the principal objectives of the current administration and its Congressional allies. AND, I want a strong Republican Party.

In a two party system it is essential that there be a balance of views and a loyal opposition capable of coming to different conclusions and willing to challenge the party in power.

In a two party system certain words are meant to govern the relationship between these parties: Critique, challenge, engage,discourse, dialogue, debate, compromise and joint government.

In an environment where one election ends, and the next election begins immediately thereafter, one is always campaigning. In an environment where success on election day depends on how much money one can begin generating the day after the last election to win the media game, cash drives everything. In an environment where one’s base defines precisely who one is and how one is to act, the nature of that base dictates the nature of leadership.

The GOP has become the party of the angry South, the party of the angry white man/women, the party of the angry tax payer, the party of the angry Christian evangelical, the party of the angry heterosexual, the party of the angry media voice. You get the point.

But the GOP cannot prosper with that kind of base. And a weak GOP weakens the Democrats.

The weakness I speak of is a weakness of mind, soul and heart. The party whose proud intellectual tradition once impressed, has opened its arms to tea party inspired ideology, crazy conspiracists. The party whose members were once considered the most seasoned and mature of those who walked the halls of Congress has emerged as a party whose leaders act like petulant middle schoolers. Where is the party of Lincoln’s emancipation, of Teddy Roosevelt’s conversation, of Eisenhower’s good sense, of Reagan’s broad vision, of George H W Bush’s wartime restraint, AND of George W Bush’s calm certitude in the days following 9/11? How can this party that has a history of profound political, social and economic intellectual heft rely on the likes of Palin, Limbaugh, Beck, O’Reilly, Drudge et.al.?

GOP. The Gone Old Party.

The GOP needs leaders who represent the best traditions of the GOP, who recognizes that narrow litmus tests so narrow membership that broad based leadership is impossible, and who carefully weighs what he says and how he says it. Mr. Steele’s biography is not unimpressive especially when one considers how his family struggled to give him the benefits of good education. But he lost his way somewhere.

What I am saying here applies to most of the GOP leadership in the House and Senate. The GOP is not leading now because it has given away the ground on which it once proudly stood.

It is past time to climb that hill.

CJ

January 7th, 2010
8:26 am

Murph – Well, at least you got it half right. The Dems are just as bad and evil as the Reps. They have you hoodwinked into thinking that a two party system is somehow necessary just because that’s how it was done in the days before the car, the Internet, electric typewriters, cell phones, air bags, digital watches, GPS systems and ATMs.

The two party system makes no sense anymore. The only ones that advocate the system are those who gain power or profit because of it. Large corporations and political influence groups have a much easier time influencing the two party system. If Goldman Sachs had to individually convince the majority of Congresspeople and Senators last year, they would not have ripped off the US Treasury. Instead, they had to convince Dodd, Frank and Pelosi. That was it. Three people whose collective brain power and common sense couldn’t turn on a small flashlight.

The two party system screws the average citizen to the benefit of those who make money off the two party system. It amazes me the number of people who have bought into thinking the two party system is necessary, but cannot offer a single reason why. Mostly, they just get angry and defensive.

Diehard

January 10th, 2010
10:20 am

It just goes to show that electing a black man whether it be as President or as Chairman of a major political party comes makes for a great front page story about “change” but little else. Meanwhile, the nation needs real leaders.