Dwindling Funds Force Romney To Dig Deeper Into Personal Fortune
Via The Washington Post:
When former Massachusetts governor Mitt Romney closes the books on his latest campaign finance report today, it will reveal a slow but steady shift from a candidacy built on thousands of individual donations to one relying increasingly on his own personal fortune.
That Romney is spending some of his personal fortune, estimated to be between $190 million and $250 million, in part reflects a decline in donations to his campaign. He led all of the GOPBain Capital Partners, as well as from fellow Mormons in Utah, where Romney managed the 2002 Winter Olympics. His donations from those two states fell sharply between April and June. contenders in fundraising during the first three months of the year. But he relied in large part on maximum donations from business allies in Massachusetts, where he ran the venture capital company
Romney's aides have signaled that he will report putting in about $6 million more of his own money over the past three months, and there are reasons for this. Romney's poll numbers in New Hampshire are slipping; and with him still running fourth among the leading GOP contenders in national surveys, his campaign sent out a memo both to reassure supporters and to lower their expectations. Read more...
Those body blows add up quickly and have long lasting effects. Mitt Romney is an empty suit and the Republican base is starting to catch up to what we've known all along -- he's unfit to serve as our president.
Impoverish yourself dude! Join the poor!
Really. Your kids are grown, you and the missus could live on $15k a year! REALLY! I do it on way less!
Oh, dear. He'll become 'destitute,' just like Kenny-boy Lay's family was after the collapse of Enron.
You know you're struggling when you have to use your OWN ill-gotten gains...
Well there's an argument against tax cuts for the wealthy right there.
Shadowgm @ 3:
He probably thinks destitute is how he'll have to dress like ghouliani on a blind date.
One great thing about politics is how effective it is in separating the deluded rich from their money.
He's running lots of tv ads here in Florida and as far as I know he is the only candidate from either side that is doing this, at least in this area. TV ads aren't cheap.
I heard this morning he is "lending" his campaign these millions of dollars. Does that mean his campaign has to pay him back at some time?
Whooop dee fuckin doo.
Maybe he should make two of his five kids jine up in the muliturry before he gets attention.
He and Rudy the Rude make me sick. Both pretenders to faith and both flopping orund like it was the grunion run at the beach.
Cunning-Linguist @ 9:
sorry about the spelling of around, no glasses
Well, at least his kids are making a sacrifice for this country by helping him get elected. God Bless the Romney boys.....I'm inspired to get a new yellow ribbon for my car now.
That Romney is spending some of his personal fortune, estimated to be between $190 million and $250 million
How do such complete morons accumulate such wealth? Even that total idiot Katherine Harris was worth millions. More proof that much higher taxes for the extremely wealthy are justified as it seems that it's little more than dumb luck that determines who gets rich and who doesn't. Smarts sure has nothing to do with it.
He's still the best candidate on the R side, I still think he wins the nomination.
Smack_dab @ 12:
They both inherited it. Katherine Harris' ancestors made a bundle from orange groves and other business interests. She could have never made that money on her own.
Does this mean that if Romney wins the Republican nomination that he bought it and therefore doesn’t deserve it?
If you lend money to a campaign are you flirting with campaign finance laws?
Could corporate donors start 'lending' money to campaigns, then let the campaign declare bankruptcy later?
Mike Donnelly @ 13:
Well - if he keeps donating to himself he might pull it off - no one else is interested in donating to him.
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Mitt Romney is an empty suit and the Republican base is starting to catch up to what we’ve known all along — he’s unfit to serve as our president.
Which Republicans would you say are fit?
Chuck bleeping Hagel
But he's retiring. So no Rethugs arefit.
Roket @ 15:
It doesn't matter where the money comes from - whoever wins will have "bought" it.
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It's nice to think of Mitt "dog poop" Romney going away - he became a caricature of a candidate with exposure of the dog-abuse incident, and then especially with his five fit and able sons who are "patriotic" but not enough to serve their country.
Seriously? FIVE? and none of them would serve? He had to know that was going to hurt him. Too bad he didn't have more control over Mr. Wiggly.
*
he lost most of the Right-wingers I know at "mormon".
Once he wins the nomination (by buying it) can he afford to buy the votes to win the presidency?
Maybe if he mentioned 9-11 more often and took more phone calls from his wife, during his speeches, his donations might improve. ;)
cage free brown @ 23:
Yeah - that's actually kind-of a non-starter if you're talking "president"
*
I think if you could administer truth serum to repubs they would tell you they aren't real happy with any of their candidates.
I have been a resident of Massachusetts for most of my life and to see Romney failing smacks of just desserts. When he ran for governor his democratic opponent brought up all the conservative views he had expressed while in Utah and Romney dodged them all. And while governor he espoused moderate republican views.
Then he decided to run for president. During his last two years in office he spent his time in Iowa bashing our state; he would tell tales that he was elected in the most liberal states in the nation despite being a conservative, never mind running as a moderate.
Then he'd say how he forced the "liberals" in the state legislature to balance the budget, neglecting to mention that its in the constitution here; the budget has to be balanced.
He is a disgusting hypocrite. I believe he's been this conservative all along but played the people of my state in order to launch himself into a white house race.
pissed off patricia @ 26:
If we could do that, we wouldn't have to worry about them getting elected.
Don't forget that Kerry was in the same situation and he won the nomination
lol, is Romney making the shape of a "W" in that picture :)
Thank God! For a while there, I thought my fellow Americans were actually dumb enough to believe that this yapping bobblehead could actually be President!
I have been monitoring the effect of the "Bush Tax Cuts.... ---> Redirection Campaigns scam....."
and the money trail of campaign bundlers and their employers who are funnelling money to Mitt Romney,
a few...
WHO - STATE - EMPLOYER
Wayne Allard CO U.S. Senate
Jack Gerard VA American Chemistry Council
Sam Ginn CA Chevron Corporation
J. Dudley Goodlette FL State of Florida
J. Richard Blankenship FL Global Investment Advisors
Matt Blunt MO State of Missouri
David Brandon MI Domino's Pizza
Roger Carter CA Morgan Stanley
Joseph Carl Dilg TX Vinson and Elkins
John Miller KS National Beef Packing Company LLC
Mark Nielsen CT Raytheon Company
Total Bundlers: 307
Lobbyist Bundlers: 13
http://www.whitehouseforsale.org/candidate.cfm?CandidateID=C0007
Weaseldog @ 16:
Dr. Matt @ 11:
Good luck finding one not made in China!
Chris, that is basically what he is saying in his tv ads down here. He is saying he was elected in the most blue state and he balanced the budget and blah blah blah.
The DOW is at it's all time high today, so are you guys feeling richer than you were yesterday? Me neither.
He's unfit to serve as our President? Since when has THAT stopped anybody?
Gekke @ 30:
No, he's describing the size of Clinton's penis again.
Hell, we have a president now who is not only unfit to be president, he's unfit to be called a human being.
He might have gotten more donations if he said at least one of his sons were going off to fight in Iraq. I bet people heard him say his five enlistment-age sons were better off serving in his campaign, thought about their own kids fighting in this war and said , "Hell to the NO!" on his ass.
Semper Fi, Baby!
Darth_Romney @ 32:
:-)
never underestimate the level o'dumb we americans can reach.
it is startling and shocking. its like 'faces of death' without the VCR.
i don't think the republicans realized he was a "yapping bobblehead" that couldn't/shouldn't be president. i just think they found another "yapping bobblehead" that they prefer--undoubtedly b/c of romney's mormonism.
of course the supposed dem frontrunner has me praying and hoping that just somehow the dems will wake the fuck up and nominate someone deserving... but i'm not a religious person, so my prayers don't seem to be working. at all.
pissed off patricia @ 8:
At what interest? Plus, there's all sorts of tax advantages and write offs he can utilize. It's even possible that lending his own money to his own campaign will become one of the most profitable financial transctions he's even engaged in.
Mike Donnelly @ 13:
He's still the best candidate on the R side (Rong side).
ysbaddaden @ 37:
My Guantanamo is THIS BIG!
Righteous Bubba @ 18:
Barney the Scots Terrier...
I live in So Fl and I can't wait for the Romney commercial at 6:13 AM because I know the silly "Pet Pics" on channel 5 news can't be far behind!!
Thanks, Mitt! I don't know wht I'd do without you!
Woof!
Hey Barney--
Fred Thompson is fit because he is a pretend president. The Repubs just love let's pretend. From pretend cowboy to pretend "good ol boy" is a short jump.
Aw, shucks.
I think it's time for Romney to play like an Arab, quietly fold his tent and steal away into the darkness. Wish GW had done that long ago.
What makes people think that the masses are realizing Mitt is an empty suit? Certainly not those 29%ers!
An Average Joe @ 45:
Yeah, he seems to be the only one advertising on teevee down here.
Don't worry -- the Church of the Latter Day Saints will help him out.
I hope he goes broke.
He's worth $250 Mil . Like Elvis, soon he'll be giving away "brand new Cadillacs" for your support.
He was an unknown. He's doing what he's gotta do. He has to get out in front early. He has to get it out that Mormons aren't evil, and good ones don't commit awful deeds. You dumb Republicans don't have a clue, but he's your best candidate. He is smart and you are not. You have proven that you are not.
Mitt Romney is now...Shit Onmey
idiut @ 54:
*The previous message was brought to you by Concern Trolls for Mitt Romney.
Who the hell would donate money to a guy worth a quarter of a billion dollars?
he can allways supplement his income by renting out a toilet stall at the airport and give blowjobs for profit, should be worth 5 bucks ant a lick!
Wow, he might actually spend 5 million out of his 250 million dollar fortune to be elected president! Poor him... by the way, we do need to get rid of these idiots that have nothing going on for them besides tons of money.
Case in point: James Sensenbrenner, the heir to the Kotex fortune, who quite literally shut down Conyers' mike on the Abu Ghraib and human rights hearings, and wanted to ram down our throats that bill that would make make it illegal for even helping an undocumented immigrant, which would have sucked for me (I'm a healthcare professional!)
Democratic ladies, think twice about buying Kotex the next time you're in a pharmacy...
Dear Mitt,
Hang up the spikes, bro. The religious right will never nominate you. Your only fan is Roger Simon
Who cares? Kind of a non-story. I think trying to "rally the troops" with any old information -- schoolgirl like -- HAS to change for the Dems. Now is the time to help others get sharp, and think critically. The time to irrationally blow of steam was the last 8 years. Let's focus now. Maybe I misunderstand what C&L has become in the last couple of years.
Anyway, $250 million in the bank and he has to spend $6 million? A lousy 2.4%?! :( With the tax laws favoring the rich he'll more than have made that back by the election, just by having money (which begets more money, which begets more money, etc.).
It's like saying that someone who earns $30,000 per year is broke because they bought an iPhone. Mitten (WTF IS Mitt short for anyway?) isn't just rich, he's _filthy_ rich AND connected. He sure won't miss $6 million. I'm sure Tagg's monthly allowance is higher.
[deleted - and it's not getting coverage here.]
What has the GOP to offer? An empty, but very wonderful smelling, suit; a 9/11 ghoul-9/11, who talks endlessly about 9/11; a senile flip-flopper who wants to "bomb bom bomb Iran", and.... ??? And these are the "best" ?? (Sorry, but Ron Paul will never get on the ticket. Realize that.)
Go for it Mitt. As Miss Kitty said, at #1 (I like the sound of that): "Impoverish yourself dude! Join the poor!"
Mitt Romney isn't an empty suit. He's a suit full of money!
This is an OPINION piece!! The total for Mitt Romney have not even been released yet! Just a negative advance spin to news that isn't even out yet!! Everyone look at the time of the release of this OPINION piece and be informed this writer is practicing spin on you to misinform you. Watch out for other OPINIONS from this writer. When choosing your candidate for President get the facts from those who report real news, not spin. Often the media has their own agenda... look out, beware.
[Hate to Wee in your cornflakes, MittFan, but the link provided takes you to an article chock-a-block with facts. Just like our presentation.
"Romney "invested" -- the term his campaign likes to use to describe the use of his personal resources -- significant sums in paid advertisements, far outpacing the other candidates by devoting more than $6 million to television spots, according to Evan Tracey of the Campaign Media Analysis Group. He also poured money into Iowa, assembling an operation for the state's straw poll that included a statewide corps of 60 "super-volunteers," who were paid between $500 and $1,000 per month to talk up his candidacy; a fleet of buses; a direct-mail campaign; and a straw poll consultant who was paid nearly $200,000."
Read it and weep, fella...facts with numbers, not opinion-Sitemonitor]
[deleted - off topic]
Phyltress @ 4:
LOL Awesome!
If you ain't got no money take your broke ass home!
http://www.youtube.com/watch?v=6V8nz3bojgM
>>Ron Paul, raised $2.4 million from April through June and ended the quarter with a similar amount in the bank. His libertarian views and Iraq war opposition have attracted nontraditional contributors, particularly on the Internet. About half of his total came from contributions of less than $200.
Despite his relative success in fundraising, he still barely registers in public opinion polls.>>
Loose quoted from: http://capitolhillblue.com/cont/node/2923
If we had a honest main stream media coverage Ron and Dennis Kucinich would be seen for the great politicians they are. Warts and all they are heads above the others as patriots.
So does this mean that the R nominee will be Crazy Rudy or Sen. (There were TOO wmds) Fred? Works for me - any one of the D's can wipe the floor with either of this losers.
Well Mormons won't have to dig very deep since they are the wealthiest religion. I know most of you thought it was the Catholic Church but most of the Catholics are from third world countries unlike the WASP U.S. they we live in.
ha ha
Hope everyone likes the face they see because this is the new face of politics: Billionaires, heads of corporations, billionaires, sons and daughters of billionaires and .. billionaires.
Public opinion is fungible - it can be manipulated according to he who has enough chips.
Our democracy hung in the balance. The democrats could have done something about it. But they didn't.
So much for democracy, boys and girls.
Take a hint Romney...people don't like you very much.
No moola for you!
Guess his sons are phonies, as Rush would say. They are not doing their service to the US of getting Romney elected. LMAO
it was money he stole from pension funds, so it wasn't like it was his anyway.
Aww, poor little rich guy. Has to spend his own money.
Romney will never win .... because he does not have the support of AIPAC.
The reason he AIPAC will not contribute funds is because Mormon's don't think to highly of Jewish Folks.
Calm
[Guess what!!! NOT THE RON PAUL THREAD-Sitemonitor]
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