Democratic Socialists of America in Financial Crisis, Can’t Afford to Hire ‘Capable Comrades’

5Mind. The Meme Platform
The Epoch Times Header

The Democratic Socialists of America is mulling staff cuts as it laments a lack of funds to hire ‘capable comrades’ to work all day to push socialism in the US.

A Marxist caucus of the country’s largest socialist organization, the Democratic Socialists of America (DSA), accused top leaders of having mismanaged funds, leaving the organization in a dire “financial crisis” and facing layoffs.

The left-wing group, which counts Squad members Reps. Alexandria Ocasio-Cortez (D-N.Y.) and Rashida Tlaib (D-Mich.) among its ranks, is facing a “big deficit” and “a lot of talk about what to cut,” according to a trio of members of Bread & Roses, a national caucus of Marxist organizers within the DSA.

The socialist organization, which played a major role in pushing the Green New Deal into the highest reaches of the Democratic Party, is in a “seven-figure” hole that is probably “too big to fundraise our way out of,” the three socialist activists lamented in a Jan. 18 post on The Call, a publication of the Bread & Roses caucus.

The trio complained that the “financial crisis,” as some members of the DSA’s National Political Committee (NPC) described the situation in a proposal to cut staff, comes at a particularly bad time.

They believe the opportunity is ripe to foist socialism on the American people due to a revival of labor struggles and the Biden administration’s support for Israel in its war against the Hamas terror group.

Ideally, the organization would be “scaling up our operations to meet this moment, hiring fellow capable comrades who are excited to be paid to spend every working day thinking about how to get us closer to socialism.”

Instead, the DSA is “treading water,” deep in a financial hole because “top directors mismanaged our dues.”

“As a result, we are now left holding the bag and tasked with cutting expenses just to keep the organization afloat,” the trio said, adding that the DSA needs to come up with $2 million to break even.

Part of the plan put forward by some members of the DSA’s political committee is to cut $500,000 from staff-related expenses and “ask for volunteers from both director-level and bargaining unit staff to have their position cut.”

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

James O’Keefe Infiltrates Anti-ICE Protest!

A new video was dropped by hidden camera journalist...

Nawrocki Strongly Alluded To The Significant Non-Military Threat That Germany Poses To Poland

Germany, through its EU leadership, is waging political war on Poland—aiming to erode sovereignty and reduce the nation to a post-modern German vassal.

Minnesota’s SALUTE Insurgency Exposed!

We previously reported on a news story that should...

What is Happening to People?

The modern world pushes us toward comfort, indulgence, and distraction. But it does not get to steer the ship unless we hand over the wheel.

The ICEy Slippery Slope to Dystopia: Nothing New Under the Sun

If the federal government were actually serious about eliminating the illegal immigrant population in the United States, it would take the following steps.

Vineyard Wind to Resume Work After Judge Stays Trump Admin’s Stop Work Order

A federal judge stayed the Trump admin’s stop-work order on Vineyard Wind, allowing construction to resume at the MA offshore wind project.

Trump Says John Deere Will Invest $70 Million to Build Excavator Factory in North Carolina

President Donald Trump announced on Jan. 27 that farm equipment maker John Deere will invest $70 million to build an excavator factory in North Carolina.

Bank of America, JPMorgan Chase to Match $1,000 Contributions to Children’s Accounts

Bank of America and JPMorgan Chase will match the U.S. government’s one-time $1,000 contribution to eligible employees’ children’s “Trump” accounts.

Patel Says FBI Discovered Groups Funding Protests in Minnesota

Virologist and COVID-19 whistleblower Dr. Li-Meng Yan details the CCP’s virus cover-up and its ongoing information warfare shaping Western media.

Trump Touts Upcoming Launch of ‘Trump Accounts’

The Treasury Dept. will host a summit marking the launch of Trump Accounts, new child savings accounts created by the One Big Beautiful Bill Act.

Trump Signals Flexibility on South Korea Tariffs

President Trump said the U.S. will negotiate a solution with South Korea after announcing higher tariffs on the ally’s exports a day earlier.

South Korea Scrambles to Implement Trade Deal With US After Trump Tariff Threat

The South Korean president's office said it will implement a 2025 trade deal with the U.S. after President Trump signaled higher tariffs.

Trump Reshapes Davos as Globalism Takes a Back Seat

WEF, known for supporting globalism, environmental sustainability, and social equity, struck a different tone with Trump’s return to the global stage.
spot_img

Related Articles