[Pete F.]

Originally Posted by scottw

most interesting memo I've read today....

The DNC is reportedly 'dead broke.'

The Democratic National Committee had a rough 2017, plagued by leadership troubles, internal squabbling, and unflattering reports. To top it off, the party ended the year "dead broke," says The Intercept's Ryan Grim.

The Democratic Party is carrying more than $6 million in debt, according to year-end filings — and has just $6.5 million in the bank. Do the math, and the party is working with just over $400,000 overall. 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.

And if you believe in a multi party system that should really scare you.
In the past 50 years the top 10% has gained more and more of the wealth and is getting closer to being able to just buy elections. Look at how much the Kochs have raised for the next election cycle. We are not headed for a good place, with a functioning democracy.