by George Harizanov at Human Events
If the DNC truly had a nationwide army of enthusiastic supporters, it wouldn’t be begging for loans. But it doesn’t.
By all accounts, even those of liberal media outlets, the Democratic National Committee is broke. Under the leadership of newly elected chairman Ken Martin, the DNC is facing a full-blown financial crisis.
But how did it come to this?
Well, donor flight is one part of the answer. Since President Trump and J.D. Vance took office in a historic victory, the DNC’s once-reliable donor class has slammed the brakes on contributions. But the bigger story, and one the mainstream press won’t touch, is that a critical pipeline of cash has been shut off: the massive taxpayer-funded slush fund known as USAID.
For years, USAID was used by the Washington establishment to bankroll politically motivated nonprofits, foreign projects of dubious value, and leftist causes worldwide. We had a front-row seat to this here in Bulgaria for decades.
A vast network of NGOs, many of which had no accountability and little public visibility, received billions under the guise of “democracy promotion” and “foreign development.” But in practice, this system served as a backdoor funding operation for the Democratic machine and its liberal friends around the world.
That changed almost immediately when the new administration,…
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