Restoring Our Future: Figures From Mitt's Super PAC
Around 10 p.m. on Tuesday night, Mitt Romney's (independent) Super PAC released its six month campaign finance data, just a few hours after his big win in the Florida primary. This is what the campaign to Restore Our Future looks like (all info compiled from FEC Data between Jul. 1, 2011 and Dec. 31, 2011):
Total raised from individuals and organizations: $17,947,952
Total spent: $6,535,213.64
Greatest amount raised from one donor: This is actually a tie between four donors, each gave $1 million:
1. Rooney Holdings, Inc - a large Manhattan private investment firm and construction company. Rooney Holdings built Cowboys Stadium, the U.S. Capitol Visitors Center and the George H.W. Presidential Library. The CEO and President L. Francis Rooney was the U.S. Ambassador to the Holy See from 2005 - 2008.
2. Robert Mercer of East Setauket, N.Y. - Mercer is co-CEO for Renaissance Technologies Corp., one of the world's largest private hedge funds. He owns this house and pays $303,678 per year in property taxes on it.
3. Julian Robertson of Locust Valley, N.Y. - Robertson is a former hedge fund manager who founded Tiger Management Corp. In 2011, his fortune was estimated at $2.4 billion, according to Forbes.
4. Paul Singer of New York, N.Y. - Singer is the founder and CEO of the hedge fund Elliott Management Corporation. His firm manages $17 billion in assets, he personally has a net worth of $900 million, which is almost four times as much as Mitt Romney
Top five total contributions by state:
1. New York - $4.63 million
2. Florida - $3.33 million
3. California - $1.90 million
4. Massachusetts - $1.67 million
5. Texas - $1.58 million
Total raised from corporations, with no individual name given (7/1/11 - 12/31/11) - $6,540,000
The average contribution was about $98,000. Romney and Restore Our Future spent a combined $6.28 million on Florida ads in the final week leading up to the primary, according to the Associated Press. $4 million came from Restore Our Future. In case you aren't sure what a Super PAC is and how the Supreme Court's Citizen's United decision allowed them to exist - read this.
And here's a chart of the data that shows what this all means to the average American:
jesus H. At least there's a limited recirculation of money coming out of the GOP Big Top and Klown Kar Show.
me-oww!
Romney has raised $18 million and because of knee-jerk reaction to his loss in South Carolina, he spent a third of it in Florida.
Newt, you're the best player on Obama's team.
"Better." It's what we should ask of ourselves and of our leaders.
Newt stays in the race to the bitter end. Go Newtons!
because it means the Thug $$$ will be flowing like mad woman's manure. Good for the little micro econs they influence.
me-oww!
I wish Ron Paul would win that side of things instead of Mitt Romney.
"Great minds discuss ideas; average minds discuss events; small minds discuss people." ~ Eleanor Roosevelt
If wishes were horses, beggars would ride.
me-oww!
With all this money sloshing around and the low tax rates, how many jobs has Mitt's Super Pac created.
Oh wait, that's right....this is all a big investment to create ONE job. Job creation is haaaard.
Vote GOP and move forward to the 18th Century.
casually throwing around the words hedge fund like it means something other than
... this guy bets and succeeds on the sad tragic complications of money manipulations and the very real effect it has on the ordinary lives of people so unfortunate as to be that day's fodder for the purposeful destruction of our nation, it's economy and it's ethos
my assertion being this mouthpiece 'yer running here established legitimacy of those words when you should rail against them and declare dozens of these words off-limits -- to be replaced by the actual non-Orwellian horrors they are
but instead, just business as usual, we throw words around here legitimizing the idea that a guy who calls himself a 'hedge fund guy' ain';t an arch-crinimal
punk move on our part
your name's Lebowski, Lebowski... and your wife is Bunny
Yeah, Romney's bought-and-paid for, no doubt about that. But if you think Team Obama is any different, guess again. How much do they estimate Team Obama is going to have on hand for the 2012 campaign? I remember reading somewhere that it is in the neighborhood of $750 million (that's 3/4 of a billion dollars, folks). Yep, we've got the best democracy money can buy alright.
If you have selfish, ignorant citizens, you're gonna get selfish, ignorant leaders.
George Carlin
Mitt Romney got his ass glittered, that is a real surface level issue.
http://www.rawstory.com/rs/2012/02/01/romney-...
He also sings and dances with sparkly objects to gain the attention of the ignorant sheep. Works.
"Great minds discuss ideas; average minds discuss events; small minds discuss people." ~ Eleanor Roosevelt
Is it lost on anyone but me that, "Rooney Holdings built Cowboys Stadium, the U.S. Capitol Visitors Center and the George H.W. Presidential Library."
So this guy builds huge-scale public / private construction projects funded primarily from government largesse and then lobbies for and finances lower taxes on his profits. NICE!
it is the height of govt-corp corruption. and, if mitt omni were to be elected president i think rooney holdings would be expecting some lucrative govt contracts. correction: more lucrative govt contracts.
but but but...he saved the Olympics!!
Vote GOP and move forward to the 18th Century.
him and the 1.6 billion dollars that the state of Utah managed to suck out of the US treasury.
I wonder if the TEA-choads would call this a wise use of taxpayer dollars.
for the new administration's attack on Iran. Making the world safe for kleptocracy.
Mitt: Please give me a million dollar, Mr. Billionaire.
Billionaire: Why would I want to do that?
Mitt: Because even though I say I'm not worried about the very rich because they are 'doing fine', my tax plan calls for the elimination of the estate tax completely, which even though it will really hurt the nation as a whole, will help people like you and me get even richer! In fact, it would save my family $80 million dollars, and you several times that!
Billionaire: Ok, here's a million dollars. That's nothing compared to what you're going to do for the rich!
Romney: (wink) Keep that on the down-low.
Billionaire: (wink) Will do.
But it's still legal in this country.
http://www.gregpalast.com/uber-vultures-the-b...
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