How do you pay the bills when the party’s over and the guests have gone? Democratic National Convention organizers are about to find out.
After struggling for more than a year to raise money – and ultimately coming up short – they face $10 million in debts and unpaid obligations, according to reports filed this week with the Federal Election Commission. “This is a difficult debt to retire,” said Viveca Novak, a spokeswoman for the Center for Responsive Politics. “If (President) Obama loses on Nov. 6, then very few people are going to want to give to this lingering debt from the convention.” Full story here.
More political headlines:
--As Mitt Romney's campaign shifts a staffer to Ohio, saying North Carolina is confidently red, the Obama campaign said rather than downsizing, it had in recent weeks added organizers. “This signals to North Carolina voters that the Romney campaign is taking their votes for granted,” said Cameron French, the chief spokesman for the state Obama campaign.
--Bombarded for months by campaign ads and mailers, North Carolina voters didn’t wait long to make their voices heard this election. The first day of early voting easily surpassed the 2008 election with at least 1117,000 voters enduring long lines at many locations to cast ballots Thursday.
--A seasoned incumbent and a first-time statewide candidate cast different visions for the role of secretary of state. Democratic incumbent Elaine Marshall, who is seeking a fifth term, is running on her lengthy record and touts her accomplishments in modernizing the department and cracking down on fraud. Republican rival Ed Goodwin, a Chowan County commissioner who entered politics in 2008, said he wants to bring the office to businesses by traveling the state and meeting with business leaders and county managers in all 100 counties.
--The foundation that developed a plan to compensate victims of forced sterilization is reporting an increase in the number of verified victims of North Carolina's old eugenics program.
--Gov. Bev Perdue will put an additional $20 million into the state preschool program, allowing 6,300 more children to enroll, even though its unclear where she will get the money.
Comments
The Democrats TEN MILLION DOLLAR DEBT FROM THE CONVENTION
October 19, 2012 - 7:13am — halifaxresolvesThis article conveniently overlooked the point that the TEN MILLION DOLLAR DEBT is being funded by an unsecured line of credit from Duke Energy. It was offered by their CEO, James E Rogers, who co-chaired the commitee that brought the demodisaster to Charlotte. He also gave the democrats a million dollars worth of free office space.
The rate payors will be the ones stiffed if the democrats default on the debt. If they do, take it out of Roger's retirement fund, after he is fired.
The fool has proven himself to be a poor CEO. Maybe the democrats will give him a cush job in one of the few states they will control after the election.