Romney spent $42.3 million of own money on losing bid

[Amerigo Vespucci]

Source: The Raw Story

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.

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.

The report was filed Wednesday with the Federal Election Commission.

Romney dropped out after Super Tuesday, and later endorsed Sen. John McCain. The Arizona senator is now assured the nomination.

Read more: http://rawstory.com/news/2008/Romney_spent_42.3_million_of_own_0221.html

[polichick]

1. For that amount of money he could've purchased an island somewhere...

...and started his own country!

[LynneSin]

7. Giuliani did $50mil - hell Giuliani could have about an island for him and Judy plus

an extra island for Judy's 'Baby Louie'

[Bake]

2. Chump change for the Mittster.

Damn shame, though, that he thought he could BUY the White House.

Bake

[tblue37]

11. I believe the rule is that it has to be bought FOR you, by the real powers

that be.

[gratuitous]

3. Dear Mitt

:rofl:

For your next question, complete this famous proverb: "A (blank) and his (blank) are soon parted."

:rofl:

No wonder Mitty didn't want to answer the question at one of the GOP debates about how much of his own money he had spent on his campaign. Hard to keep that ghoulish Stepford grin in place when you're admitting to people that (1) you actually have $40 million; and (b) you don't have anything better to do with it than fund a vanity run for president.

:rofl:

Oh, and did I mention?

:rofl:

[Submariner]

4. Mitt! If you only stuck around another couple of weeks

you could have picked up where McCrazy, who you endorsed you fool, crashed and burned with his mistress.

[endarkenment]

5. might not be a losing bid after all.

McStain may have boned himself out of the running.

[pattmarty]

6. Yeah, he had to stop his kids were ready to put out a contract on him.

[USA_1]

8. Draft Dodger Romney Did Not Serve In Nam

And his five sissy sons refused to enlist during the war on Iraq.


IMPEACH ROMNEY!

[Bonhomme Richard]

9. AHhhh. Trickle down economics.

Keep spreading that wealth around Willard.

[crim son]

10. Well, great.

He's certainly done his duty with respect to "stimulating the economy."

[samplegirl]

12. So he spent some of the boys

inheritance. Since their not busy working on there dads campaign........maybe they should think about packing up and heading to Iraq.

[grytpype]

13. I'll bet Tagg and Bingo and the other Romney offspring are pissed...

That's a whole lot of inheritance peed away! More than most people ever see, that's for sure.

[DrDan]

14. why do I think he will still come out ahead . . .

He is a shrewd businessman. He is not in this to lose money. He will end up money ahead - I have no doubt about that.

[Ian David]

15. Proportionally, that's probably as bad as if I were to buy a 46" flat-screen TV. n/t

[Ian David]

16. Why is this so important to someone who gets to be god of their own planet when they die? n/t

[salin]

17. how many families, for how many weeks could have been fed

with that money? How many people facing the decision of "medication, rent, heat" could have been alleviated from that question? Or how many pathetic, campaign ads could be run with such money? Romney, of course, was only concerned about that last question.