Democrats Forced to Borrow $17 Million for Final Effort

My goodness, they are absolutely falling apart out there – from Politico:

The Democratic Congressional Campaign Committee has taken out a $17 million line of credit for use in the final weeks of the campaign, signaling the party leadership’s commitment to having the money to counter an onslaught of millions of dollars in pro-Republican TV ads.

The new line of credit was disclosed in a DCCC report filed Thursday night with the Federal Election Commission…

While they claim $25 million cash on hand, the fact that they feel forced to borrow indicates two things:

1. Fund raising has been off.

2. They are in desperation mode.

From what I can sense by reading this and seeing that, the Democrats have written off the House and are hoping to keep to at least 50 Senators (Biden then being the tie-breaker). Obama’s campaign activities indicate this – heading to blue States to campaign for the “fire wall” Senators.

Over at Election Projection, the current tally is 49/49 with the two Democrat-leaning Independents safe or not running this year. If Democrats can hold to that, then they keep their majority. Here is the bad news for Democrats – the GOP only has to win two out of the following to get to 51: California, Washington, Delaware, West Virginia and Connecticut (presuming as I – and Election Projection – do that Reid is gone in Nevada). We need 40% of the final battle to win…and so the Democrats are going full court press to stop us.

At the end of the day, I have to rate their chances of success in this matter high. While I believe we can win in four of the five (Delaware is not entirely out of the question, but is clearly the weakest chance we’ve got), a massive end-of-the-race effort by Democrats may stir up enough of the base to save four of the five.

But it is clearly within the realm of possibility that the GOP could win – so, work with a will for victory, conservatives…we’ve got them on the run.