Posts Tagged ‘desperation’
“WASHINGTON (AP) — A campaign fundraising report shows Republican presidential dropout Mitt Romney lent himself $7 million last month. That means Romney spent more than $42 million of his personal fortune on his failed campaign,” writes Jim Kuhnhenn in an Associated Press transmission titled Romney Lent His Campaign $7M in January
The former venture capitalist and Massachusetts governor finished January with nearly $9 million in the bank. But more than $3 million of those funds must be returned to donors because they were earmarked for the general election […]
[…] “Before abandoning his bid to become president, Mitt Romney put in at least $42.3 million of his own money, a big chunk of the $97 million he spent on the campaign,” writes the entire staff of the Boston Globe in an article titled Romney spent $42.3m of own money; McCain reports raising $49m
His campaign reported to the Federal Election Commission yesterday that he loaned his campaign $6.95 million during January to reach that total.
The former Massachusetts governor’s total self-financing puts him ahead of Steve Forbes, the publisher who spent $38 million on his unsuccessful run for the GOP nomination in 1996, but shy of the $63.5 million that H. Ross Perot spent on his 1992 third-party presidential campaign.
Romney’s total loan also equates to about $167,000 for each of the 253 delegates he won before suspending his campaign. By suspending his bid, Romney, who made an estimated $250 million as a venture capitalist, can keep raising money to possibly pay himself back.
Romney also reported raising $9.7 million last month, bringing his campaign total to $63.6 million.
That total is appreciably more than that raised by John McCain, the presumptive Republican nominee whom Romney endorsed last week. McCain received contributions totaling about $49 million and borrowed nearly $4 million more by the end of last month.
During January, McCain raised $11.7 million and borrowed $950,000, his campaign reported to the FEC. After he emerged as the front-runner, he raised nearly twice as much in January than during the previous three months combined […]
Conclusion: Romney dominated the field with his own money and his fund raising prowess. Yet he still failed. More evidence of Romney’s preposterously low ROI for his every campaign dollar.
“CBNNews.com – First Mitt Romney went negative on Mike Huckabee in Iowa after he saw his lead slip away. (oh, wait,, that’s right he was just contrasting positions because he just has a “fundamental disagreement” with Huckabee..right),” writes an incredulous David Brody for CBN’s The Brody File in a post aptly titled Is Romney Desperate?
The last week or so he’s been going negaive on McCain in New Hampshire where he sees his lead slipping away there as well.
Listen, negative attacks are part of campaigning. Most candidates engage in them. But here’s the problem when it comes to Romney.
Fair or not, perceived or otherwise, Romney has developed the reputation as someone who will change positions or just say anything to get elected President. When he goes negative against Huckabee and McCain, it plays into the perception that is already formed about him. It makes him look desperate. The mental picture is that Romney’s arms are flailing in every direction looking to hit something. McCain on taxes may work but Romney has some of his own issues with increasing fees in Massachusetts. Hitting Huckabee on immigration may also work but Romney needs to duck for cover on that issue too because of some of his past statements.
We concur. See:
- Romney’s bitter and personal attacks on other candidates tearing the GOP apart
- Romney’s negative campaigning: is Romney willing to take the party down with him?
- Romney circles drain, goes desperately negative in Iowa AND New Hampshire
Back to Brody:
The problem here for Romney is that he’s not pure on these issues either so everytime he attacks, he gives his opponents a chance to strike back. John McCcain has been skewering Romney lately by mouth and press release.
In other words, when Romney attacks e.g. Sen. McCain, he provides the Senator sudden and immediate earned media opportunities the Senator would not otherwise enjoy—in still other words, Romney’s high-risk, high-cost strategy drives, perversely, the costs of other campaigns down.
Back to Brody:
Romney makes himself out to be a Reagan conservative (remember, he represents the “Republican wing of the Repulican party”) and has been calling out everybody else’s shortcomings. The issue though is that Romney hasn’t been a Reagan conservative long enough to build up the “street cred” to do his attacking.
The emphases are ours, all ours.
Here is where we discuss what it means for a candidate with high negatives—e.g., Romney—to go negative against competitors with lower negatives:
Rasmussen Reports: Romney has the least core support, and the most core opposition of all the leading candidates, Republican or Democrat—these findings predict the sudden and fierce backlash against Romney’s negative attacks on other candidates
To address Brody’s question, is Romney’s desperate?—whether desperate or not he is certainly hostile, abusive, and mean-spirited.