Washington Times: “[Romney] clearly has spent tens of millions of dollars of his own money in Iowa and New Hampshire, but he steadfastly declines to say how much—The Romney campaign suffers from a glaring transparency deficiency, which it should address at once”

January 9, 2008 in 2008, analysis, argument, campaign finance, campaign management, election 2008, GOP, mitt romney, republicans, romney, the dark soul of Mitt Romney, triumph of unreason
Tags: abuse, campaign finance, campaign mismanagement, campaign spending, corruption, Dollars per Delegate, Dollars per Vote, fraud, lies, New Hampshire Edition, obfuscation, washington times, waste

“In recent months Mitt Romney, whose personal fortune is estimated to be as much as a quarter of a billion dollars, blanketed the airwaves of Iowa and New Hampshire with dozens of campaign advertisements,” write the editors of the Washington Times in an article titled Romney and his money

[Romney] clearly has spent tens of millions of dollars of his own money in Iowa and New Hampshire, but he steadfastly declines to say how much. The Romney campaign suffers from a glaring transparency deficiency, which it should address at once.

Mr. Romney has every right to bankroll his presidential campaign with his own money. No argument here. But why has he refused to tell voters how much of his personal fortune he has funneled to his campaign since the end of the third quarter?

On Jan. 4, the day after Mike Huckabee defeated Mr. Romney in Iowa, this newspaper asked the Romney campaign to say how much Mr. Romney had personally contributed since Sept. 30. During the first nine months of last year, Mr. Romney had given his campaign $17.4 million, about 90 percent more than the $9.2 million in the campaign’s cash-on-hand on Sept. 30 […]

Yet the Romneys refuse to release their fourth quarter numbers until the filing deadline of Jan. 31. This date falls after the primary contests in Iowa, New Hampshire, Michigan, Nevada, South Carolina, and Florida.

Also from the article, Romney’s fund raising “declined from US$20.8 million in the first quarter to US$13.9 million in the second, to less than US$10 million in the third.”

Romney increased his own contributions to compensate.

Conclusion: The Romney campaign is a Potemkin village.

yours &c.
dr. d.g.

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