Saturday, 7 October 2006
Democrats a Little Short on Cash
« Fletcher's Administration Continues to Get the Job Done | Main | Double Standards for Democrats »In a show of weakness, the Democratic Party is considering taking out a $500,000 bank loan to boost its finances for next month's elections. Hoping to repay it from the returns on a fund raiser featuring Bill Clinton at the end of the month.
But the revelation about the loan underscores the difficulties the Democratic Party has had with money. Three months ago, it reported just $61,000 in its main bank accounts.
The Kentucky Republican Party, by way of comparison, showed roughly $700,000 at its disposal.
It is unbelievable that only 10 years ago the Democratic party dominated the political landscape of Kentucky and completely controlled the money. Now they are just scraping by, while the Republicans enjoy a large financial bankroll. It just illustrates how Democrats in Kentucky are quickly fading toward a minority status in this state.
Ironically, it is the liberal base of the national party, Bill and Hillary Clinton, that has been the biggest fund raisers for Democrats in Kentucky. The same people who's left wing policies on the national scene that have moved Democrats towards a minority status in the Commonwealth.
