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Cake day: June 7th, 2023

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  • jjagaimo@lemmy.catoComic Strips@lemmy.worldThe Year 2100
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    1 month ago

    https://www.politico.com/magazine/story/2017/11/02/clinton-brazile-hacks-2016-215774/

    Donna Brazile is the former interim chair of the Democratic National Committee

    The Saturday morning after the convention in July, I called Gary Gensler, the chief financial officer of Hillary’s campaign. He wasted no words. He told me the Democratic Party was broke and $2 million in debt.

    “What?” I screamed. “I am an officer of the party and they’ve been telling us everything is fine and they were raising money with no problems.”

    That wasn’t true, he said. Officials from Hillary’s campaign had taken a look at the DNC’s books. Obama left the party $24 million in debt—$15 million in bank debt and more than $8 million owed to vendors after the 2012 campaign—and had been paying that off very slowly. Obama’s campaign was not scheduled to pay it off until 2016. Hillary for America (the campaign) and the Hillary Victory Fund (its joint fundraising vehicle with the DNC) had taken care of 80 percent of the remaining debt in 2016, about $10 million, and had placed the party on an allowance.

    “Wait,” I said. “That victory fund was supposed to be for whoever was the nominee, and the state party races. You’re telling me that Hillary has been controlling it since before she got the nomination?”

    Gary said the campaign had to do it or the party would collapse.

    “That was the deal that Robby struck with Debbie,” he explained, referring to campaign manager Robby Mook. “It was to sustain the DNC. We sent the party nearly $20 million from September until the convention, and more to prepare for the election.”