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Where is the grave, so I can go dance on it?

The Democratic Leadership Council, the iconic centrist organization of the Clinton years, is out of money and could close its doors as soon as next week, a person familiar with the plans said Monday.

The DLC, a network of Democratic elected officials and policy intellectuals, tried -- but has failed -- to remake itself in the summer of 2009, when its founder, Al From, stepped down as president. Its new leader, former Clinton aide Bruce Reed, sought to remake the group as a think tank, and the DLC split from its associated think tank, the Progressive Policy Institute.

But Reed left the DLC last year himself to serve as Vice President Joe Biden's chief of staff, leaving Ed Gresser, a trade expert, to lead the group in the interim. Since then the board "hasn't been able to find someone who wanted to come on in a permanent capacity," a person familiar with the group's woes said, with the central problem the difficulty of raising money for a Democratic group that isn't seen as an ally of the White House.

Another boogeyman dead and buried. But don't celebrate too much. Their mantle has been picked up by the even more nefarious Third Way.

Maybe we'll get lucky and Third Way will hire Harold Ford to run their organization into the ground.

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Originally posted to Daily Kos on Mon Feb 07, 2011 at 01:54 PM PST.

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