Oliver of race42008.com: [Romney has] “tie[d] Fred Thompson for 3rd place this quarter in contributions”—more on Romney’s crashing contribution levels and outrageously low ROI for his every campaign dollar

“Mitt Romney poured twice as much of his own money into his campaign than he received from all outside donors combined in the final months of last year, according to new campaign finance reports,” reports Elana Schor in a http://www.guardian.co.uk release titled New finance reports show Romney’s fundraising fell short

Romney, scrambling to knock John McCain from the frontrunner’s pedestal in the Republican presidential race, spent $18m from his personal fortune during the fourth quarter of 2007.His contributions from other sources during that period totaled $9.1m, as listed in financial records that all campaigns were required to release by today […]

Team Romney itself attempts to mitigate by attenuation their crashing contributions, and increasing use of Romney’s vast personal fortune, by framing their ongoing financial disaster, and fantastically low ROI for their every campaign dollar, in a larger context:

BOSTON, Jan 31, 2008 /PRNewswire-USNewswire via COMTEX/ — Today, Romney for President announced it reported over $27 million in total receipts for the Fourth Quarter, ending December 31, 2007. The Campaign again opted to raise no general election funds and reported $9 million in primary contributions. The total receipts include Governor Romney’s loan of $18 million.

For the entire year, Romney for President had total receipts of $90 million. In the past month, Governor Romney’s message of conservative change in Washington has resonated with people across this country. Governor Romney has won three states, placed a strong second in another three and had a strong showing in South Carolina […]

Here is the problem for Team Romney: the larger context that Team Romney wants you to consider only casts in sharper relief

(a) just how much the Romneys have spent for so little, and how little Romney’s competitors have spent for so much

-and-

(b) just how drastically Romney’s receipts have declined relative to his spending—hence, Romney’s self-financing.

Tommy Oliver of race42008.com, however, points out that Romney has “tie[d] Fred Thompson for 3rd place this quarter in contributions.”

yours &c.
dr. g.d.

Advertisements



    Leave a Reply

    Please log in using one of these methods to post your comment:

    WordPress.com Logo

    You are commenting using your WordPress.com account. Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out / Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out / Change )

    Connecting to %s



%d bloggers like this: