RNC failed to report over $7 million in debt.
RNC failed to report over $7 million in debt.
Earlier this month, reports leaked suggesting the Republican National Committee had failed to report “hundreds of thousands of dollars” of debt to the FEC. It now appears that the level of debt is much greater than originally estimated and may have been hidden by committee leadership. The Washington Times reports:
In a memo to RNC budget committee members, RNC Treasurer Randy Pullen on Tuesday accused Chairman Michael S. Steele and his chief of staff, Michael Leavitt, of trying to conceal the information from him by ordering staff not to communicate with the treasurer – a charge RNC officials deny.
Mr. Pullen told the members that he had discovered $3.3 million in debt from April and $3.8 million from May, which he said had led him to file erroneous reports with the FEC. He amended the FEC filings Tuesday.
Campaign-finance analysts said that simply misreporting fundraising numbers to the FEC can lead to millions of dollars in fines and that criminal charges can be levied if the actions are suspected to be intentional.
Though RNC aides and officials are strongly denying any wrongdoing or misreporting, the organization has brought on “former [FEC] Chairman Michael E. Toner” as outside counsel, an “unusual and significant move,” according to Heritage Foundation legal pundit Hans A. von Spakovsky. He noted, “The RNC normally uses its own inside counsel to deal with the FEC, but if I had a really serious problem with the FEC, Michael Toner is one of the first guys I would turn to help me out.” It also looks like another serious problem for Steele, who just got done weathering numerous calls for his resignation after suggesting that the U.S. should not be involved in Afghanistan.
(h/t Taegan Goddard)
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I guess the RNC spends their moolah on Steele’s fancy living. I wonder who will donate to the RNC now? Unless they want to pay for Steele’s and his fellow yes-mens extravagant lifestyles.
July 21st, 2010 at 11:04 amwell lets see how long he keeps his job now.
July 21st, 2010 at 11:04 amI mean before all the other goofs was just that,,, now you are talking money and we all know just how that fits into the republicants hearts!
Failed to report = they probably lied.
July 21st, 2010 at 11:05 amJust give Mr. Steele and his top 2% salaried staff raises. I’m sure that would reduce the debt.
Isn’t that how trickle-down economics works?
July 21st, 2010 at 11:08 amPatrioticLiberalChristian says:
Just give Mr. Steele and his top 2% salaried staff raises. I’m sure that would reduce the debt.
Isn’t that how trickle-down economics works?
Or just cut the amount each rich donor sends in. Reduction in revenue also pays for itself.
July 21st, 2010 at 11:09 amIt is beyond comprehension that any organization bearing the word Republikin’ in its masthead would be accused of lying and misrepresenting the finances of its organization. It has never happened before and if you don’t believe that just ask any blue blooded Republickin’.
I hope that all of the unaccounted for debt was money used to promote illegal activities.
July 21st, 2010 at 11:10 amRNC failed to report over $7 million in debt.
– - Heh, welcome to the party, TP.
July 21st, 2010 at 11:10 amThey are broke
They are broke
And they’re a joke
July 21st, 2010 at 11:10 amnow thats fiscal responsibility and transparency i can believe in.
July 21st, 2010 at 11:12 amDid FOX or Breitbart report that.
AIO
July 21st, 2010 at 11:13 amRNC failed to report over $7 million in debt.
– - In a possibly related story: West Hollywood Strip Joints and Bondage Boudoirs Report Record Profits.
July 21st, 2010 at 11:13 ambreitbart said that the treasurer pullen is not the real pullen and should not be listened to and is a rino plant.
July 21st, 2010 at 11:15 amI fail to see a problem. The RNC just hid the debt “off budget”. Isn’t that how Chimpy & The Dick hid the cost of two wars that they didn’t pay for? This is just how Republicans roll.
Regrettably, with Citizens United Koch Industries and its ilk doesn’t need the RNC anymore. They can just flood the airwaves with as much propaganda as they wish.
July 21st, 2010 at 11:17 amThis is too funny.
July 21st, 2010 at 11:19 amThe deficit hawks screaming about the federal budget, but their party is in hock.
LOL
get the popcorn
How can the RNC burn through 7 millions bucks? WTF did they spend it on? I guess MSM should look into the ‘Young Eagles’ again. You know, those 40 year old di*k heads who spent a small fortune on strip clubs and such.
July 21st, 2010 at 11:19 amThose kinky girl on girl stripper clubs are expensive.
July 21st, 2010 at 11:21 amCampaign-finance analysts said that simply misreporting fundraising numbers to the FEC can lead to millions of dollars in fines and that criminal charges can be levied if the actions are suspected to be intentional.
I’m sure it was unintentional. The Bush administration misplaced $8.8 billion in Iraq. Stuff happens.
July 21st, 2010 at 11:21 amSomehow, it’s got to be Obama’s fault. Or Clinton’s. Or Jimmy Carter’s.
July 21st, 2010 at 11:21 amYou mean they were paying for things without having the money in hand to back it up? Yes, that looks great to go along with their unemployment benefit filibuster.
July 21st, 2010 at 11:21 amFiled erroneous reports, mmmm? And now covering his *ss? Sounds like home sweet home Florida repiggies, who yesterday by the way refused to even consider a constitutional amendment banning oil drilling within 100 miles of the coast. Said its unnecessary, already have a law. Funny, that didn’t stop them when they wanted to rev up the home folks with a gay marriage gan amendment…
GOOOOOOOOOOOOOOOO Charlie Crist!
July 21st, 2010 at 11:24 amDoes slimy Sarah still have an RNC credit card?
July 21st, 2010 at 11:24 amzxbe says:
Yes, we all remember how the Talking Chimpanzee failed to report (lied about) has dumping Harken Energy shares just before they tanked…
July 21st, 2010 at 11:25 amYou’d think Republicans would be worried about the impact of their deficit on their children and grandchildren.
Is there any TARP money left with which to bail them out?
July 21st, 2010 at 11:25 amWith millions of GNOPers unemployed and/or contributing to Teabaggers, Inc. the RNC is hurting for cash.
Is that a death rattle I hear?
PEACE
July 21st, 2010 at 11:25 amSomething tells me that we won’t see many trolls on this thread. For some reason, they don’t show up for Michael Steele stories.
July 21st, 2010 at 11:25 amHand meet cookie jar.
Wonder how the man of Steal and the RNC is going to weasel out of this.
July 21st, 2010 at 11:26 amthe party of fiscal responsibility, huh?
July 21st, 2010 at 11:26 amOops!… but IOKIYAR!!!
July 21st, 2010 at 11:26 amWho cares!
I’m sick off all things Republican.
RIP
July 21st, 2010 at 11:27 amSGT Stephen R. Sherman
C CO 1-5 IN (STRYKER)
KIA 3 Feb 2005
Mosul, Iraq
shoe (formerly shoeless, before the beach got covered with oil) says:
Something tells me that we won’t see many trolls on this thread. For some reason, they don’t show up for Michael Steele stories.
LOL>> they are very light today as even on the other thread its over 80 posts and no cult trolls.
July 21st, 2010 at 11:31 amThey’re in debt? $7 million? Republicans aren’t contributing to the organization headed by a black man? Or maybe they just don’t have the money, since we are in the midst of the Great Recession, perhaps?
GOP in trouble?
All RIGHT!
ha ha
July 21st, 2010 at 11:32 amMabye the trolls are making more than a nickle a post, after all.
July 21st, 2010 at 11:32 amAnyone want to guess where that money went?
I’m guessing hookers.
July 21st, 2010 at 11:34 amJuly 21st, 2010 at 11:34 am
This is how they governed from 2000 – 2006. Fiscal Conservatives, my A$$!
You can’t trust a Republican with their own money, you CERTAINLY can’t trust them with YOURS!
It is time to roll out the ads!
July 21st, 2010 at 11:34 amAnyone want to guess where that money went?
ill go with what are adult diapers for 500 alex.
July 21st, 2010 at 11:35 amMaybe the GnOP doesn’t have the scratch to pay the trolls, what with their 7 million overdraft? They won’t pay till it’s “covered”? Deficits DO have consequences?
Maybe they should reduce the contributions from the rich — that should balance their budget quickly, get all the trolls employed again.
July 21st, 2010 at 11:35 ami didnt think lesbian bondage bars were all that profitable. guess i was wrong.
i want to than michael steele for keeping topless bondage lesbians, clubs or bartenders, working.
July 21st, 2010 at 11:38 am@38, So, you are OK that the RNC blew 7 million? Did you donate to the RNC? If you did, i suggest you ask for donation back. Although the RNC would laugh in your face.
July 21st, 2010 at 11:39 amSo the fiscally “responsible” party has another financial scandal on their hands — who would give money to them?
July 21st, 2010 at 11:39 amHow can they claim to be the party of financial responsibility when they can’t keep their own house in order?
@38
VD and out
so the short bus have a flat tire this morning dimwit?
July 21st, 2010 at 11:39 amNot to worry. Breitbart will fabricate a story about how the Democrats are in debt too and Fox News will run it every 5 minutes for a week and the ditto heads will totally forget about this debt just like they forgot about the debt from two wars W never paid for.
July 21st, 2010 at 11:45 amLOL! ‘A fabricated piece’! This from the as*holes peddling the ‘Black Panther’ story and Sherrod was a ‘Racist’? The audacity of the trolls astound me.
July 21st, 2010 at 11:46 am@43
someone dropped a turd in the bowl.
oh know its just a toxic cult troll spam bot, we all know the type lots of cut and paste but no substance.
VD and move on as its been nice this morning.
July 21st, 2010 at 11:46 amI must have been channeling Onehooker while I was typing that comment. Scary.
July 21st, 2010 at 11:46 amOK everyone — please let’s get on the VDT train.
July 21st, 2010 at 11:47 amTP is at Netroots so we should quickly vote down trolls so we don’t have to step in their shit all week. (Not that TP does a goode job of screening them, but the worst of them do go away at least temporarily.)
This week, with short staff at TP — we can and should step up – vote down the trolls.
When Onlooker crosses the political road, he only looks left. He’s not going to see the speeding truck coming from the right when it hits him.
July 21st, 2010 at 11:49 amIf it’s a hit piece then the troll should be over at the Washington Times complaining. Here I’ll help him get the hell out of here. http://www.washingtontimes.com/news/2010/jul/20/rnc-fails-to-report-to-fec-7-million-in-debt/?page=1
July 21st, 2010 at 11:50 amMarie@48, Agreed. I shall not engage the trolls. No matter how stupid, idiotic their incoherant rants shall be.
July 21st, 2010 at 11:50 amThe RNC should give Goatlicker a promotion for being shameless enough to post on Michael Steele thread, and loyal enough to post for free.
July 21st, 2010 at 11:50 am
Can anyone find out the address of the RNC HQ?
the man is going to need to take control of that building and sell it if the repugs don’t pay up.
But that brings up an interesting question.
What would be a good new use for the former RNC HQ?
July 21st, 2010 at 11:52 amThe Repukes accuse Democrats of being fiscally irresponsible. The nerve. Then again they accuse us of waging class warfare while they have been race baiting since Caribou Barbie hit the campaign circuit.
July 21st, 2010 at 11:53 amMy first thought is that this is an inside job designed to give the RNC an excuse to give Mikey Steele the boot before his term ends.
I have no proof of that, of course, just a suspicion based on years of observing Republican behavior.
July 21st, 2010 at 11:57 amWow. The Sherrod story is getting even bigger. Breitbart has gotten attention he didn’t want. he wanted the narrative, but not the story. But now Faux News and Breitbart ARE the story. Good
July 21st, 2010 at 11:57 amWhat would be a good new use for the former RNC HQ?
Michael Steele Rehabilitation Center for the Political Corrupt and Morally Bankrupt, an in-patient treatment facility.
July 21st, 2010 at 11:57 amMarie, enlighten me; what would happen when TP is fully staffed that is any different than today?
It’s not like they ever do anything to control the infestations.
July 21st, 2010 at 11:58 amSomebody get Breitbart on the case!
July 21st, 2010 at 11:59 amI’m feeling charitable today, so I say a shelter for unemployed trolls.
July 21st, 2010 at 11:59 amcd (trolls are like public bathroom the less contact the better) says:
Anyone want to guess where that money went?
I’m guessing hookers.
I’m guess coke of the a$$ of dead hookers (just to cover all the bases).
July 21st, 2010 at 12:01 pmLets see, Steele takes over the RNC and it goes broke, Bush became POTUS and bankrupted the country…
July 21st, 2010 at 12:01 pmThat should qualify Steele to run for a Republican candidate for President in the republinuts eyes. lol
“I’m guess coke of the a$$ of dead hookers (just to cover all the bases).”
You left out the hookers are male.
July 21st, 2010 at 12:09 pmLet’s see ..
The RNC has had several internal finalcial scandals.
The RNC is being overtaken by the extremist teabaggers, who are undoubtedly racist.
The RNC is condones racism, they do not denounce racism.
So we have a party managed by fools; a party that does not disapprove racism,but tacitly, if not overtly,encourages it.
In addition, we have a party that disparages out-of-work people, accusing them of being slackers and moochers; a party that favors wealthy, wars and corporations over people.
Why would any one vote Republican — ever.
July 21st, 2010 at 12:11 pmRich or stupid.
July 21st, 2010 at 12:13 pmRalph, I acknowledged the ineffectiveness of TP in my comment — but this week, I’d like to see us just take it over ourselves.
July 21st, 2010 at 12:13 pm@53: “What would be a good new use for the former RNC HQ?”
Landfill transfer station?
Sewage treatment plant?
Superfund training site?
Alternate storage for BP’s suspicions well chemicals?
July 21st, 2010 at 12:14 pmWhat the hell. The repugs do not abide by generally accepted accounting principles. This is what you get.
July 21st, 2010 at 12:14 pmThis comment has been voted down. Click to read.
Perhaps they could enlist the efforts of Pat Robertson to pray away the debt.
Pat is Jesus’ best friend, and he recently sponsored Jesus for a membership at his country club.
July 21st, 2010 at 12:15 pmSo much for the party of fiscal responsibility…
July 21st, 2010 at 12:16 pmYou would think the Repugs would have dumped Steele by now, but they are screwed. After all his gaffes, after all his Faux pas, they are stuck with him. The fact he is black is the only reason they are keeping him on. I find that ironic. After all the racist things the Repugs and the ‘Baggers’ have been invoved in, they are worried that dumping Steel will make them look bad. LOL! I think people already concluded they are racist, but people also know Steele is incompetant. Karma kicks in, yet again.
July 21st, 2010 at 12:18 pmGee, the RNC is acting like Enron? Who’d a thunk it?
Well, I’ve reported my losses. Later today we find out if Mrs. JP’s layoff is permanent or temporary. In the meantime, we have zero chance of being able to pay the rent next month so whatever little anyone can do would be greatly appreciated.
July 21st, 2010 at 12:18 pmUnexplained debt is a good thing for an organization funded by charitable donations according to the braindead dittohead. TORM WERY WERY TUPID.
July 21st, 2010 at 12:20 pmLife must be so difficult when you’re capable of harboring only a single thought in your mind at any one time, and a simple thought at that, eh, STORM?
July 21st, 2010 at 12:20 pmOT but highly entertaining:
Tweeters peck at Sarah Palin’s self-appointment as the Bard of Wasilla…
(via The Seventh Sense)
July 21st, 2010 at 12:21 pmWell, did Enron admit to any wrongdoing ? What about them subprime mortgage folk ?
The RNC isn’t in debt. It is just the FEC doesn’t understand republican math.
July 21st, 2010 at 12:23 pmSTORMfront
You are a LIAR. You have never thought in your LIFE. You just like to tell lies about liberals. Thats just the kind of shitweasel you are
July 21st, 2010 at 12:23 pm@70
I thought debt was a good good thing in the progressive mind?
the bold word is where you when wrong, as we all know that a cult troll spam bot can not nor does not thinking any thoughts that it is not told to think.
July 21st, 2010 at 12:24 pmVote down, flag, observe that “debt is a good thing” only to simpletons and loan sharks, and move on…
July 21st, 2010 at 12:25 pmwildwilly, I shared your link with the guys over at TheZoo. The tweets are hilarious, thanks.
July 21st, 2010 at 12:28 pmIt sounds like Bush/Cheney are running the RNC.
No one could ever run up irresponsible debt the way those two clowns could.
July 21st, 2010 at 12:29 pmwildwilly, Shayne did too.
July 21st, 2010 at 12:30 pmI hope there fined double the amount they own, This is why are country went down the tubes when they were in control.
July 21st, 2010 at 12:31 pmThis comment has been voted down. Click to read.
Gee, Storm…way to pretend that Bush never ordered TARP…
July 21st, 2010 at 12:32 pmThe Republicans are to fiscal responsibility as to what a teenager is when they get a credit card or four.
July 21st, 2010 at 12:32 pmThe poor trolls are grasping at straws so much, they no longer have a broom left.
hilarious.
July 21st, 2010 at 12:33 pm“I’m feeling charitable today, so I say a shelter for unemployed trolls.”
Can we have them spayed and neutered just like any other animal shelter?
July 21st, 2010 at 12:34 pmTORM DIVERT!!!
July 21st, 2010 at 12:35 pmYeah, but they have a whole army of straw men for their efforts.
July 21st, 2010 at 12:35 pm“Deficits don’t matter” Ronald Reagan.
July 21st, 2010 at 12:37 pm.
Come on. What do you expect?
LIE-CHEAT-STEELE
The “NEW” G(no)P
.
July 21st, 2010 at 12:37 pmDon’t worry the RNC will get the fine money from donations and Bank/Corporations. RNC has money to burn as we see they spend free at Gay/Sex Clubs with no problem from the voters. Steele will be used as the fall guy when the real truth comes out.
July 21st, 2010 at 12:42 pm@88
VD Reported for Spamming.
GOP Leaders Remind Voters the Economy Does Better Under Democrats
there you go hows that for a good headline.
July 21st, 2010 at 12:45 pmThe RNC is low on money?
In an election year?
Wow.
There is hope.
July 21st, 2010 at 12:47 pmit gets better, too, boys and girls! check it out:
“The Republican National Committee could be facing a hefty fine from the Federal Election Commission after failing to report a $7 million debt…”
So not only are they going broke and not only are they crappy financial records people THEY’RE LIKELY TO BE FINED!
But wait! There’s more but it’s good news!
OBAMA CAMPAIGN COMMITTEE SPLITS WITH CASH: Money-in-politics reporter Michael Beckel passes along this news: While Barack Obama resides in the White House, the campaign operation he built to win the presidency continues to sit on its reserves — and file quarterly reports with the Federal Election Commission about its activities.
During his 2008 presidential run, Obama opted against public financing and raised a record-shattering $750 million. According to a Center for Responsive Politics review of his committee’s most recent campaign finance report, Obama still has about $8 million in the bank.
I tell ya’, it just keeps getting better and better, folks!
Peace.
Mo Rage
July 21st, 2010 at 12:47 pmthe blog
The best part of the story is that Republicans have $7 million less to spend on candidates.
July 21st, 2010 at 12:48 pmLIE-CHEAT-STEELE
July 21st, 2010 at 12:48 pmGood one Max Anax junius 1…
Both mainstream political parties in America are awash in corruption and special interest favors. Steele is just so dumb and disliked that he got caught.
http://www.facebook.com/campaigncorner
July 21st, 2010 at 12:48 pm#74 JP
So sorry to hear of your troubles — hope things improve soon, but it looks like a long, continued slog ahead.
It looks like unemployment will be extended.
Obama signed the financial reform bill today and not one big bank was represented — they were not invited.
These are only small steps toward a better tomorrow; the best that can be said is we are moving forward,despite repugniKKKan efforts to take us back about a hundred years.
GOOD LUCK TO YOU AND MRS JP!
July 21st, 2010 at 12:50 pmnoseeum,
July 21st, 2010 at 12:54 pmThanks. I made that up the day Michael was appointed chairman.
It’s been spot on ever since.
Front page at HuffPost…
GOP-Run Congressional Cigar Association Is Front For Lobbyists
http://www.huffingtonpost.com/2010/07/20/congressional-cigar-association-lobbyists_n_653536.html
G(no)P…
… Still blowing smoke up voter’s butts.
.
July 21st, 2010 at 12:58 pmWOW!! I’m SHOCKED! SHOCKED!, I tells ya!!!
July 21st, 2010 at 1:10 pmG(no)P…
… Still blowing smoke up voter’s butts.
A lobbyist is only a lobbyist…..but a good cigar is a
July 21st, 2010 at 1:11 pmsmoke!
Not many trolls on this? Maybe they are hearing they won’t get paid until the rich succors who support them and the RNC get back from their off shore banks.
July 21st, 2010 at 1:21 pmHEHEHEHEHEEEE!!!! Oh, Mikey, how will you screw up next?
July 21st, 2010 at 1:27 pmYet another Republican ethics failure.
July 21st, 2010 at 1:45 pmDemocratic tsunami in November.
How so very transparent of them!
July 21st, 2010 at 2:03 pmI FIGURED IT OUT !
THIS is the extension of Reaganomics. Steele lives lavishly off the contributions. But Steele is the head of the RNC.
This is the new TRICKLE DOWN RNC ECONOMICS !
July 21st, 2010 at 2:06 pmHmm, maybe all the Righties have been donating to Karl Rove’s American Crossroads PAC instead, let me check…
…nope, financial statements by Rove’s PAC show that they took in a whopping $200 in May. They had a big June though, taking in a reported $8.5 million (sounds respectable but Rove had a goal of $50 million). They were due to file their latest report on July 20th but I haven’t found it yet. I’d say at this point, minus expenses, Karl’s PAC is likely running at a loss as well as the RNC. Pity…NOT!
July 21st, 2010 at 2:12 pmfinancial fraud from KKKonservatards? Shokkker!
July 21st, 2010 at 3:31 pmIn the GOP alternate reality, these are the fiscally responsible people who should be running the country.
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July 21st, 2010 at 11:20 pmRE: “pundit Hans A. von Spakovsky”
July 22nd, 2010 at 1:56 amMY COMMENT: Pundit? More like a political hack!
SEE – http://www.talkingpointsmemo.com/docs/spakovsky-letter/?resultpage=1&
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