Sat Jul 21, 2012, 12:54 PM

cali (80,202 posts)

Romney Sprints Ahead In Race For Cash

Source: NPR

by Peter Overby

Mitt Romney speaks at a campaign event in Bow, N.H., Friday. The campaigns have released their monthly financial reports, with Romney showing an advantage over President Obama.

The presidential campaign of Republican Mitt Romney surged ahead of President Obama last month in fundraising efforts. While Obama continued to get more money from small donors, those who give $200 or less, Romney showed new strength there. Also, big donors have enabled Romney to quickly build a strong cash reserve.

At first glance, it seems that Obama has a nice cushion of cash. Obama for America, his campaign committee, reported almost $98 million cash-on-hand, compared to less than $23 million in the kitty at Romney for President.

But that's not the whole story. Spending far outstripped fundraising last month on the Obama campaign, according to monthly reports filed Friday with the Federal Election Commission.

<snip>

Read more: http://www.npr.org/2012/07/21/157145294/romney-sprints-ahead-in-race-for-cash

10 replies, 1786 views

Reply to this thread

Always highlight: 10 newest replies | Replies posted after I mark a forum

Replies to this discussion thread

10 replies	Author	Time	Post
Romney Sprints Ahead In Race For Cash (Original post)	cali	Jul 2012	OP
Doesn't matter how much Romney-bot has. Money can't buy him the replacement parts he needs.	randome	Jul 2012	#1
Why is this news? Doesn't everyone know the right has all the money and laws on its side?	upaloopa	Jul 2012	#2
Exactly. The "news" should be that Mitt has the 1% cash. More money does not equal "better" person.	glinda	Jul 2012	#9
He's Getting His Money From All Those 1%'ers That Are Gaming The System Like He Does......	global1	Jul 2012	#3
LOL! Talk about a "horse race" analogy. "Sprints ahead",.....sheeze.....	Spitfire of ATJ	Jul 2012	#4
Romney can thank Mr & Mrs Corporation.	asjr	Jul 2012	#5
Unpleasant Fact: Some Small Donors WILL Give To Mitt-sie	Vogon_Glory	Jul 2012	#6
I don't think it is unique to the current Democratic President.	savalez	Jul 2012	#7
He could bankroll the whole thing himself	flamingdem	Jul 2012	#8
Rmoney's ahead in the legalized campaign bribery race - so what else is new?	wordpix	Jul 2012	#10

Response to cali (Original post)

Sat Jul 21, 2012, 12:58 PM

randome (12,665 posts)

1. Doesn't matter how much Romney-bot has. Money can't buy him the replacement parts he needs.

Reply to this post

Response to cali (Original post)

Sat Jul 21, 2012, 12:58 PM

upaloopa (2,067 posts)

2. Why is this news? Doesn't everyone know the right has all the money and laws on its side?

Reply to this post

Response to upaloopa (Reply #2)

Sat Jul 21, 2012, 02:17 PM

glinda (12,076 posts)

9. Exactly. The "news" should be that Mitt has the 1% cash. More money does not equal "better" person.

In fact the opposite in this case.

Reply to this post

Response to cali (Original post)

Sat Jul 21, 2012, 01:06 PM

global1 (10,589 posts)

3. He's Getting His Money From All Those 1%'ers That Are Gaming The System Like He Does......

they know if he's elected they're safe to continue the gaming - offshore bank accounts, $100 million IRA's, tax shelters, etc.

Reply to this post

Response to cali (Original post)

Sat Jul 21, 2012, 01:18 PM

Spitfire of ATJ (7,370 posts)

4. LOL! Talk about a "horse race" analogy. "Sprints ahead",.....sheeze.....

Also, the REASON Obama is spending more is because he's got more people working for him.

You could just as easily rewrite this story to say Romney receives more corporate money and has fewer supporters in his campaign.

Reply to this post

Response to cali (Original post)

Sat Jul 21, 2012, 01:20 PM

asjr (9,700 posts)

5. Romney can thank Mr & Mrs Corporation.

Reply to this post

Response to cali (Original post)

Sat Jul 21, 2012, 01:24 PM

Vogon_Glory (3,861 posts)

6. Unpleasant Fact: Some Small Donors WILL Give To Mitt-sie

Unpleasant fact: some small donors WILL give to Mitt-sie. There are a lot of people on the Far Right who hate Barack Obama. It doesn't matter if a second Obama term would help them and a Romney presidency would send them to bankruptcy and ruin. They WILL vote R-kleptocrat for President.

Reply to this post

Response to Vogon_Glory (Reply #6)

Sat Jul 21, 2012, 01:45 PM

savalez (1,983 posts)

7. I don't think it is unique to the current Democratic President.

Those same republicans would hate ANY Democratic president. Heck, they'd hate you too if you were him. Some hate you already just because you vote Democratically.

Reply to this post

Response to cali (Original post)

Sat Jul 21, 2012, 02:03 PM

flamingdem (22,687 posts)

8. He could bankroll the whole thing himself

crook

Reply to this post

Response to cali (Original post)

Sat Jul 21, 2012, 02:51 PM

wordpix (12,478 posts)

10. Rmoney's ahead in the legalized campaign bribery race - so what else is new?

Reply to this post

Latest Breaking News (Forum)