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

Contact Your Elected Officials
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.”

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.

Seventy-one, But I’m Still Not Done, LEARNING!

My favorite activities in life are thinking (learning) and laughing and it's been found that a “sense of humor” is a sign of higher intelligence.

Good Night And Good Riddance To The Late Show

Shocking announcement that The Late Show with Stephen Colbert will officially cease production rocked the Democratic Party, as Colbert is a staunch supporter.

Coldplay Concert Offers Us Garden of Eden Moment

Adultery is still illegal in 10 states. It was illegal in 15 states just 30 years ago. There was a time when adultery was a crime in all 50 states!

Uncle SLIC’s lingering loans

School may be out for the summer, but the Student Loan Industrial Complex (SLIC) chugs along no matter what time of the year it is.

Epstein’s Island

The miscommunication by Trump Admin officials on Epstein rival any of the comedic exchanges between the Skipper and Gilligan, without the laughs.

Secretary Noem Hosts Press Conference to Provide Updates on the Shooting of Customs and Border Protection Officer

Dept. of Homeland Security Sec Kristi Noem delivered update in NY following the shooting of an off-duty U.S. Customs and Border Protection officer.

Harvard, Trump Admin Face Off in Court Over $2.6 Billion Funding Freeze

Harvard Univ and the Trump admin faced off in court as each sought to convince judge in ongoing battle over billions of dollars in funding for school.

ICE Director Sends Warning to Companies Employing Illegal Immigrants

Acting director of ICE signaled crackdown on companies hiring illegal immigrants saying agents will arrest anyone in country illegally, regardless of criminal record.

FAA Probes Midair Incident Involving SkyWest Jet, B-52 Bomber

FAA is investigating a Delta Connection jets “aggressive maneuver” to avoid a midair collision with a U.S. Air Force B-52 bomber near Minot, ND.

China’s Rare-Earth Magnet Exports to US Surge in June Amid Trade Talks

China’s exports of rare-earth magnets to US saw a rebound in June, rising more than sevenfold from May, a sign of easing tensions amid trade war.

Gabbard Says Obama-Era Officials Will Face Criminal Referral Over 2016 Election Documents

DNI Tulsi Gabbard has made criminal referrals to the FBI and DOJ related to an investigation into alleged Russia collusion involving President Trump.

Commerce Secretary Says US Still Eyeing 10 Percent Baseline Tariff

Commerce Secretary Howard Lutnick said the US is still aiming to leave a 10 percent baseline tariff on many smaller countries

Trump Signs Order to Reclassify Noncareer Federal Workers

President Trump signed an EO to create a new classification of noncareer federal workers whose roles are focused on implementing president’s policy agenda.
spot_img

Related Articles