Minnesota GOP begins election year with massive debt.

[RandySF]

St. Paul, Minn. — The Republican Party of Minnesota is heading into the 2012 elections with massive debt that could be as high as $2 million, party officials disclosed Friday.

A day before Republican delegates were to elect a new chairman, party officials conceded that the obligations include some debts the GOP had not disclosed. That could prompt additional fines from state and federal regulators.

It isn't a surprise that that the Republican Party's finances are bad, but no one expected the numbers to be this bad. Since Tony Sutton abruptly resigned as GOP chairman earlier this month, party officials have suggested that the debt could be as high as $1 million. They disclosed that it could be double that amount at a press conference.

http://minnesota.publicradio.org/display/web/2011/12/30/mn-gop-debt-load/

[Brickbat]

1. Time for a slice of schadenfreude pie.

http://whatever.scalzi.com/2006/09/26/how-to-make-a-schadenfreude-pie/

[Sanity Claws]

2. And this is the party that lectures others about fiscal responsibility?

[Angry Dragon]

3. For $2 million the kock brothers could

buy a whole state republican party
I wonder if there are any other bidders..............

[BlueToTheBone]

5. I wonder if they would demand naming rigghts, like Colbert?

[liberalhistorian]

4. Couple this with the sudden resignation

last week of the MN Rep. Senate leader, Amy Koch, who was considered responsible for leading the MN repubs in winning control of the state legislature for the first time in forever, for having an "inappropriate relationship" with a top staffer (and yes, the MN Queen of Family Values is married with a child), and the revelation that several republican senate leaders knew about the relationship as early as September and yet lied about and admitted to fudging the timeline of the affair and their knowledge, and you have the implosion of the MN repubs as they're showered with schadenfreude confetti. Hee hee. Titter. Giggle. HAHAHAHAHA!!!!

[Scuba]

6. So what's the prognosis? I see at least three possible outcomes....

1. The Party effectively disappears.

2. Somebody like the Koch's just buys the Party.

3. Some decent Minnesota citizens try to resuscitate the Party and instill a pinch of sanity.



What do you see? What would be best for progressives?

[ThatsMyBarack]

7. ....