On MSNOW’s Morning Joe show today, host Joe Scarborough lost his mind going off on DNC chair Ken Martin over the party’s financial troubles.
According to recent reports, the DNC actually put up the building that houses their headquarters in order to gain a new line of credit.
Scarborough and his co-hosts are beside themselves over this, and are even calling for Martin to be replaced.
Transcript via NewsBusters:
MIKA BRZEZINSKI: So we move now from things making a lot of money to things losing a lot of money. At seven minutes past the top of the hour, there is new reporting this morning on the dire financial situation for the Democratic National Committee, now less than one hundred days until the midterm elections.
The New York Times reports the Democratic Party is so short on cash that leaders are asking vendors not to send bills until after the midterms.
JOE SCARBOROUGH: That’s not good.
MIKA: The paper spoke to three people briefed on the move, who called it a bookkeeping maneuver. The paper highlights a cash disparity between the two parties, noting that President Trump controls a $400 million super PAC, the Republican National Committee is sitting on nearly $130 million, while the DNC is $2 million in debt.
The news outlet NOTUS also has new reporting on the DNC putting its physical headquarters up for collateral last year in order to obtain a $15 million line of credit to help it invest in off-year elections.
SCARBOROUGH: This is just so pathetic. This is so pathetic…
SCARBOROUGH: First of all, John Heilemann, I’m going to you because I know you saw Tropic Thunder. Who knew the DNC would pick Les Grossman as the head of their party — he is Tom Cruise in Tropic Thunder.
And not only that — I’m sorry — with the president’s approval ratings at an all-time low, with the ballot test at an all-time high for Democrats, with Democratic candidates raising money — John Ossoff, I mean good lord, they’re raising money left and right — but they still are at this huge disadvantage because Ken Martin is — Get this. When Democrats should be doing better than ever, Ken Martin is mortgaging the DNC to be able to pay bills. Let’s say that again. You have a DNC head that is mortgaging the building so he can take out a loan.
Here’s the video:
‘Pathetic! Scarborough’s Epic Rant Calling for the Head of DNC Head Ken Martin pic.twitter.com/1mdH0ifGFV
— Mark Finkelstein (@markfinkelstein) July 27, 2026
They seem kind of panicked, don’t they?
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