Embarrasing much? Dems ran up $15 million deficit for convention

These people have no concept of a budget or financial responsibility. Breitbart reports:

Democrats ended their convention in Charlotte $5 million short of their budget even after being forced to draw down a $10 million line of credit from Duke Energy Corp. (DUK), according to a Democratic Party fundraiser.

That will leave a $15 million bill that eventually will have to be paid by President Barack Obama’s campaign or the Democratic National Committee, according to the fundraiser, who spoke on condition of anonymity to discuss internal deliberations.

The Charlotte Host Committee ended the convention with more than $5 million in immediate obligations and may require a direct cash infusion from the Obama campaign to pay vendors, said the fundraiser.

The $10 million line of credit to Duke Energy will need to be repaid next year, said a second person familiar with the matter, who also spoke on condition of anonymity. Duke Energy Chairman and Chief Executive Officer Jim Rogers is co-chairman of the host committee.

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4 responses to “Embarrasing much? Dems ran up $15 million deficit for convention”

  1. Lynne says :

    I still worry about the possibility of Obama gaining a second term. The mainstream media is continuing to relentlessly promote Obama, hiding information in a basic continuous cover-up and misrepresenting information. We can thank the rotten liberal media for the fact that Obama is president, and they may succeed in putting him in office again.
    CNN, for example, is not covering that Debbie Wasserman-Schulz LIED, and then she LIED AGAIN, forgetting that there is a tape of her saying exactly what she says she did not say. She SAID it, word for word, and now she is lying….great spokesperson for the Dems, but the mainstream media is refusing to cover this. Only Fox has the story. So, do more people watch Fox than the other media sources?

    • Mac says :

      Now come on, Debbie doesn’t lie. You have to be aware of the words coming out of your face to actually lie. She just reads the days talking points that are handed out. And besides, running up deficits are what they do… hmmmm…. it feels so natural…….

  2. israeliminx says :

    Ema thankfully yes, more people do watch Fox. The question though, is which people — there are only a sliver of “undecideds” out there and no telling what they watch.

    I’m hoping we’ll see a repeat of what happened with Carter — he was polling way ahead of Reagan all the way up until about a week or two prior to the election (Back in 1980 Gallup had Jimmy Carter up over Ronald Reagan by 4 points in mid to late September… And, Carter was up 8 points in October. In fact there was a published Gallup poll showing Carter up six among likely voters in a poll conducted Oct. 24 to 27.). On the very day of the election, a lot of Dems just couldn’t make themselves pull the lever for him and Reagan won by 9 pts. I hope something along those lines happens because if Obama gets in for another 4 years, I don’t think the U.S. will ever be able to recover from the damage he’ll do. It is going to be damn hard to recover from the damage he’s already done.

  3. WipeOutHamasOnceAndForAll says :

    Well, it does make sense!! LOL!!! Or more accurately, I should shed many tears for the more than 23 million of unemployed Americans!!!
    After all, Obama has been using a deficit of $5 TRILLION FOR HIS FIRST FOUR YEARS OF PRESIDENCY!!! THAT AMOUNTS TO MORE THAN $1 TRILLION OF DEFICIT PER YEAR due to Obama’s sick squandering of American taxpayers’ money (Soyndra and company)!!!

    I do not know, but any President in a Muslim country who would have spent that much with taxpayers’ money might be even stoned to death!!!

    I am not a prophet but I cannot see how the American people are going to let them be conned a second four years by Barack Hussein Obama, a Muslim who “converted to Christianity” only to improve his odds in the political arena.

    No matter what the polls say, the pro-Obama media claims made, I cannot see the Americans going for another four years of $1 TRILLION PER YEAR OF DEFICIT WHEN THE USA ARE ALREADY AT MORE THAN $16 TRILLION OF DEFICIT!!!

    By the way, just in case, yes, $1 TRILLION=$1,000 BILLION!!!!!!!!!!!!!

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