In 2008, it was Greek columns. In 2012, it’s Greek money management. Bloomberg News reports:
Democrats are considering canceling their political convention’s kick-off event at the Charlotte Motor Speedway, as party planners grapple with a roughly $27 million fundraising deficit, according to two people familiar with matter.
Convention and campaign officials will make a final decision later this week after Steve Kerrigan, the chief executive officer of the Charlotte, North Carolina convention committee, discusses the matter with President Barack Obama’s re-election campaign, based in Chicago, said the two people, who requested anonymity to discuss internal party politics…
While the Democrats will receive a $50 million grant from the Department of Homeland Security to defray police costs for the Sept 4-6 convention, security for the Speedway festival may not be eligible because the event isn’t part of the official convention proceedings. With a party ban on direct contributions from corporations, the host committee has raised less than $10 million, well short of its $36.6 million goal, said one of the people.
Can’t they raffle off another dinner with Obama or something? Everybody loves that guy!
I remember a time when raising a lot of money for a presidential campaign was a good thing. But now it’s different. Money is evil because the Democrats can’t raise enough of it.
Well, maybe it’s for the best. Seems like every day there’s another Dem who suddenly remembers a scheduling conflict. At this rate, they’ll be holding their convention in a back booth at Applebee’s. And skipping out on the tab.