What private groups do with their money is not why we are in debt. The RNC, the DNC, the Church, the NY Times, the Shriners, the deli down the street, my mother or or anyone else can spend all they want.
The fed is in debt not because those groups spent money. The fed is in debt because it spent too much money.
All you have done is shown that Johnny jumped in the lake, why can't I?
So the RNC spent too much. Which justifies fed waste because..........
willy, I'm confused here. The headline says $20 million in the hole, but the gist of the article says $15 million. What to believe? Still, that's a lot of money.
Congress is responsible for the $13 trillion debt, not the RNC. In fact, the 111th Congress ran up more debt in their term than the first 100 congresses in total. Nice work on their part. What did Dan Rostenkowski, (D), IL, say, "Once you've written your first check for a billion dollars, what's a few more zeros on it"?
If you reasonably have the ability to cover your debts, it isn't the same. They may not be able to cover it today, but it is long term. I owe more than I make in almost two years on my house.
The feds and state have no long term ability to pay if they current rates continue.
When they declare bankruptcy post again.
Posted By: willywonka4u
If the GOP is willing to make themselves that broke, then how frugal do you think they're going to be with your money?
Willy, $20M can be covered quickly, like in one phone call. First off, this news would put the dems at ease, the more they think the RNC has issues the less likely they will push hard for $'s. Your next president has already been picked, I do not have access to that with my position but I can assure you it isn't Mr. Obama. There's alot going on around us that is hard to see, just think with the thought process of Complete Greed and disregard for everyone else.
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