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June 17, 2008

Dems Miss Cash Deadline for Denver Convention

Rick Moran
Barack Obama and Hillary Clinton raised a total of $400 million dollars for the presidential campaign. Obama himself now has an estimated $46 million on hand for the general election.

But the Denver Host Committee - in charge of raising cash for the convention -  fell $11 million short in meeting their contractual obligations for the Democratic shindig in August:

The committee charged with raising $40.6 million in cash for the Democratic National Convention fell more than $11 million short of that figure and missed today's contractual deadline.

The Denver 2008 Host Committee released a statement saying it had deposited $29 million in cash by the 5 p.m. deadline.

"The Denver Host Committee is fully confident about completing its fundraising goals," spokesman Chris Lopez said. "It will continue to raise private donations to meet its contractual obligations over the next two months."

Not that is was a surprise to one of the fundraising point men - Denver Mayor John Hickenlooper.

Hickenlooper was the one who let the cat out of the bag about a month ago when he said the Denver 2008 Host Committee was $15 million short, creating an avalanche of speculation about the shortfall. Shortly after that, the host committee announced it was scaling back delegation parties from more than 50 to a single event.

The mayor said on a fundraising trip to Kansas City this weekend that he knew they wouldn't meet the contractual deadline set up by the Democratic National Convention Committee.

One party for all the delegates? Remind me not to join the Democratic party and try to become a delegate to the convention. Bor-ing. They probably cancelled the marching bands and dancing girls too.

One Chicago bartender was asked years ago when Chicago hosted party conventions on a regular basis what the difference was between Democrats and Republicans. The barkeep answered that Republicans pour liquor by the measured shot while Democrats pour by the jigger.

I wonder if they'll even be able to afford an open bar?

Posted at 09:15 AM | Email | |

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