Bankrupt

First Detroit, then California, New York (almost) and now the party itself:

The official Federal Election Committee reports for September are out, and Debbie Wasserman Schultz’s DNC is a complete wreck. The Democrats ended September with cash on hand of $4.6 million, compared to the Republican National Committee’s $82.6 million.

That’s nearly an 18-to-1 cash advantage for Republicans.
— RNC Trounces DNC in Fundraising as Democrat Party Goes Bankrupt (theOtherMcCain.com)

It’s always someone else’s problem. New York was “ungovernable” in the 60’s, 70’s and the 80’s. Detroit lost the autoindustry etc. The common factor was liberals in charge.

Voters put them in office on a platform of “share the wealth” and “stick it to the rich/stand up for the little guy”. The truth is that liberals/Democrats don’t care about the little guy. Corporate cronyism (Like the Hollywood Tax Cuts and loans to failing “green” companies), bad regulations and high taxes drove many cities and now at least one state into a state of shock. It’s not surprising that the Democratic Party is in bad shape financially. You can’t party like a rock star and not pay for it.

If the left loses in November expect the usual suspects to get the blame. Oh the Tea Party and it’s billionaire friends (never mind that many billlionares sent money to the DNC). Foxnews manipulated the public (never mind that cable news and most traditional media’s veiewership is down). Somehow Bush will get some blame.

It’s telling that Newsweek magazine, who said “We’re all Socialists Now” will cease it’s print edition in the new year. The liberal mouthpiece is so unloved that it will share the internet with the very right wing blogs the MSM once derided.

In a perfect world the Democratic part would fade into history, replaced by some new party. They would join the Green Party, the American Communist Party and other groups on the fringe of American politics. That won’t happen for a long time, despite having the left wing lunatics running the asylum. But this should sober up many on the left. Their class warfare socialism message is for sale, but no one’s buying.

UPDATE: Thanks Mr. McCain!