Democratic Convention Money/Management Woes

Bad news ahead? [Link]

The woes of the DNC continue in Denver, and even the New York Times has taken notice. In some ways, it provides an excellent manifestation of Democratic governance. Underfunded, overspent, and chock-full of unrealistic mandates, the entire enterprise appears on the brink of failure — and Team Obama has six weeks to attempt a rescue:

Some of the Democratic missteps started soon after planning for the event began. The Democratic National Convention Committee decided not to take cheap office space and instead rented top-quality offices in downtown Denver at $100,000 a month, only to need less than half the space, which it then filled with rental furniture at $50,000 a month. And in a costly misstep, the Denver host committee, early on, told corporate donors that their contributions were not tax-deductible, rather than to encourage donations by saying that the tax-exempt application was pending and expected to be approved.

It will be interesting to see how this plays out.