The GOP is hemorrhaging money

I need your help: If each of you reading this can kick in $10 or $25, it'll help keep Palmer Report firing on all cylinders at this crucial time in our nation's history: Donate now
-----
Palmer Report readers: sign up for our free mailing list here


The GOP is lost at sea. They’re hopelessly marooned, with no rescue in sight. It is astonishing what’s happening to the Republican party. Many of their rich donors are fleeing.

“Run like hell.” Rich donors in several battle ground states are not giving the GOP any money. This is because of Donald Trump and election denialism.

“I question whether the state party has the necessary expertise to spend the money well” said Ron Weiser, formerly one of the biggest Republican donors in Michigan. He is giving nothing to them this year. Reuters took a long look at what’s happening with donors and the results are not good for the not-so-grand old party.

Arizona. At the end of this past March, Republicans had cash reserves of – wait for it — less than $50,000. It’s hard to believe. Or maybe it isn’t. Seth Masket, the director of the non-partisan Center on politics at the University of Denver said: “Their ability to help candidates is severely limited right now.”

All over the country, Republican donors are fleeing. Running away they are, fast and furious, leaving many republicans broke.

Jason Roe who worked as an executive director for the Michigan Republican Party said bluntly: “They are effectively broke, and I don’t see the clouds parting and the sun coming out on their fundraising abilities.”

Broke. Poorly funded. Donors leaving in packs. What are you doing, Republicans? Do you even care one little bit that your party’s close to financial ruin?

Obviously not or they’d do something about it. Instead they appear to be floating even further adrift.

They remain adrift in the choppy sea, no attempts of sanity being made, seemingly resigned to letting goofballs like Gym Jordan, Marjorie Taylor Greene and Matt Gaetz take over.

And then there is Trump. Always there is Trump. Wherever the GOP turns, there is trump, like a hulking typhoon bearing down on them, reminding them, calling to them, and even enchanting them, as they give up all their power to the sea-monster.

But if republicans persist in not jumping out of the way of this wayward typhoon, they might just find themselves in a house other than the House of Representatives. And that will NOT be a good place to be. I’m talking about the poorhouse.

I need your help: If each of you reading this can kick in $10 or $25, it'll help keep Palmer Report firing on all cylinders at this crucial time in our nation's history: Donate now
-----
Palmer Report readers: sign up for our free mailing list here