Michael Steele Money Trouble: RNC Debts $4 Million Higher Than Previously Disclosed

ABC News:

The Republican National Committee has quietly disclosed more than $4 million in previously unreported debt in amended filings with the Federal Election Commission, meaning yet another headache for embattled party chairman Michael Steele.

Read the whole story: ABC News

Comments

[miesque]

03:49 AM on 12/13/2010

Steele is about to beat it out the door so maybe someone better check his pockets for the $4 million.

[210]

05:00 PM on 12/12/2010

The only reason Michael Steele was the RNC Chairman was because the GOP needed a token black to show they weren't a party of old white men. They got what they deserved by putting someone in that position who liked publicity more than responsibilty. He proved to be an inept baffoon.

[plzchuteme]

10:37 AM on 12/10/2010

I'm sure that this is just a temporary embarrassment in financial liquidity and the RNC will soon be bailed out by donors, both large and small a soon as they jettison Michael Steele. My question to the Republican party is this: wouldn't the money needed to rescue from this hole you find yourself in be better used by letting it remain in the pockets of those contributors? Aren't they better equipped to make the best decisions on how to use that money than the Republican Party? I say the answer is, "Cut spending and lower contributions!" Sound familiar?

[Carolyn LeBeauf]

09:21 AM on 12/10/2010

It's great, now Steel they come after you with a vengance. I suggest you stay away from trees. You know what whitey likes to do with their TOKEN, after they have used them up. Steele gets what he deserves.

[Auldskul]

01:10 AM on 12/10/2010

Explains why Sarah didn't want the job...the cash register is already empty...

[alguien]

06:43 PM on 12/09/2010

and these are the folks who are trying to run the store.

[1murillo]

06:20 PM on 12/09/2010

Good, but not surprising.

[onionboy]

03:18 PM on 12/09/2010

He should be praised. Borrow and spend. That's the Republican motto.

[dmsdzinr]

03:07 PM on 12/09/2010

Michael Steele wearing top hat, cane & dancing shoes, Shuffling off stage EXITING stage right! See ya Michael.

[nixrox04]

06:22 PM on 12/09/2010

You left out mention of the gaffe around his neck.

[bones4209]

01:34 PM on 12/09/2010

Yep, these are the guys we need to have in charge of the national budget!!

[kareemachan]

01:20 PM on 12/09/2010

And this from the party that talked "fiscal responsibility" during the elections. How droll.

[halfpricefaustian]

12:58 PM on 12/09/2010

Steele can use the exact same rationale that the congressional Republicans used in 2006. "You need to reelect me. Since I caused all these problems, I am the only one who can really fix them."

[Justdontgetit]

12:43 PM on 12/09/2010

Bal-anched budget.

Fiscal conser- oh, wait. Nevermind.

Don't know why this song comes to mind, but works for me!

Bobby Darin - Mack the Knife

http://www.youtube.com/watch?v=mgykWqMh4V0

[p456]

11:59 AM on 12/09/2010

Michael the Pimp Steel putting the GOP on the stroll and stealing the money at the same time, maybe they should call him Mack Goldie Steel.

[bones4209]

01:35 PM on 12/09/2010

It's hard out there for a pimp, don'tcha know?!

[p456]

04:26 PM on 12/09/2010

Funny stuff bones faved!

[WeirdScience]

11:12 AM on 12/09/2010

Did anyone have any doubt that Michael Steele's tenure as chairman of the RNC would have turned out any other way?

The man's lack of sound judgment was proven at the outset by the fact that he's a black man in the Rekukliklan party. That's a dead giveaway.