Saturday, July 24, 2010

Steele Stole RNC Loot

Related: RNC Caught With Its Shirt Off

Also see: Democrats Caught With Drawers Down

Yeah, turns out it doesn't matter what party you vote for since it is ALL ONE BIG PARTY, wooooooooo!

"RNC accuses Steele of concealing $7m in debt

WASHINGTON — The Republican National Committee’s treasurer has accused chairman Michael Steele of hiding more than $7 million in debt to inflate the party’s finances and mislead donors.

Two lawyers working for the committee insisted the RNC never had that kind of debt and has been honest in reporting its finances.

The accusations, made in a memo to RNC budget committee members Tuesday, were the latest challenge to the embattled Steele and his stewardship of the committee. RNC Treasurer Randy Pullen amended Federal Election Commission reports to show some $3.3 million in debt for April and $3.8 million for May. The RNC, which had crowed about having zero debt, had more than $2 million in debt at the end of June, according to FEC reports filed Tuesday.

In the memo, Pullen said “fund-raising has been falling well short of budgeted numbers’’ but the RNC also saw increases in the bank account.

“The explanation for this was the RNC was doing a great job of controlling expenses,’’ Pullen wrote in his memo. “This on the surface seemed reasonable; however, I reviewed April and May check registers in May and noted what seemed to be an increasing number of invoices with dates from prior months.’’

Like billing a trip to a gay, S&M strip club or ordering up cases of wine and candy?

In other words, the RNC simply was not paying its bills on time as if to make it look as though it had more cash.

Some might call that fraud, but....

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Related: Slow Saturday Special: Republican's Man of Steele

Looks like your stuck with him.

One is amazed that s*** could get so strong.