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BREAKING: Obama’s Disturbing Past Revealed
Former Democratic National Committee interim chair Donna Brazile didn’t stop at dishing on Hillary Clinton — she also went after bigger fish.
Brazile’s new book, Hacks: The Inside Story of the Break-ins and Breakdowns That Put Donald Trump in the White House, described how former President Obama did to the Democratic Party what he did to the country — leaving it in massive debt. In assuming the office, she discovered that Obama left the party of Jefferson and Jackson $24 million in the red.
Worse than told
Politico Magazine ran excerpts of Brazile’s book Thursday, in which she revealed:
The Saturday morning after the convention in July, I called Gary Gensler, the chief financial officer of Hillary’s campaign. He wasted no words. He told me the Democratic Party was broke and $2 million in debt.
The financial situation, however, was considerably worse because Obama had failed to engage in adequate fundraising. Brazile wrote that he’d “left the party $24 million in debt — $15 million in bank debt and more than $8 million owed to vendors after the 2012 campaign — and had been paying that off very slowly.”
Debt opens door for Clinton takeover
On MSNBC’s “Morning Joe” Friday, John Heilemann discussed both the massive debt in which Obama left the party and the opportunity it provided for former Secretary of State Hillary Clinton to rig the nomination in her favor. She did so by paying off many of the financial obligations, effectively purchasing the nomination. Even Sen. Elizabeth Warren, D-Mass., admitted that the process was rigged in Clinton’s favor.
Former interim DNC Chair Donna Brazile writes this week about learning of a fundraising deal allowing Hillary Clinton’s campaign to control the cash-strapped DNC before she won the nomination. ” Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc About: MSNBC is the premier destination for in-depth analysis of daily headlines, insightful political commentary and informed perspectives.
The former chairwoman said that from day one she was specifically looking for any collusion between the party and the Clinton camp, to fulfill a promise she’d made to Clinton Democratic rival Sen. Bernie Sanders, I-Vermont.
“I at last found the document that described it all: the Joint Fund-Raising Agreement between the DNC, the Hillary Victory Fund, and Hillary for America,” Brazile wrote.
“Hillary for America and the Hillary Victory Fund had taken care of 80 percent of the remaining debt in 2016, about $10 million, and had placed the party on an allowance.”
Debt exacerbated by Wasserman Schultz
In addition to Obama’s lackluster fundraising efforts, Brazile’s predecessor, Rep. Debbie Wasserman Schultz, D-Fla., made the party’s financial situation all the worse. Brazile wrote:
The party chair usually shrinks the staff between presidential election campaigns, but Debbie had chosen not to do that. She had stuck lots of consultants on the DNC payroll, and Obama’s consultants were being financed by the DNC, too.
One can assume that Obama had a hand in Wasserman Schultz’s decision to keep his own pet consultants on board, producing a financial double whammy for the DNC.
Obama’s negligence left the Democratic National Committee in dire straights and paved the way for the Clinton and her machine to tilt the nomination in her favor. Fate would see fit, however, for Clinton to lose the general election.
We couldn’t have asked for a better outcome.
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