Romney money going fast (Boston Globe)

[Eugene]

Source: Boston Globe

Romney money going fast
Giuliani has nearly same cash on hand

By Rick Klein, Globe Staff | April 14, 2007

WASHINGTON -- Former Massachusetts governor Mitt Romney
burned through more than half of the $20.7 million he raised for
his presidential bid in the first three months of this year, a
spending rate that leaves former New York mayor Rudolph W.
Giuliani with almost as much cash on hand as Romney, according
to campaign finance figures released yesterday.

Romney's fund-raising total placed him first in the GOP presidential
money race in the first quarter of 2007. But his spending left him
with $11.9 million in the bank at the beginning of this month --
a figure that includes a $2.35 million loan Romney himself floated
to his campaign.

Giuliani, by contrast, raised $14.8 million in the first quarter and
spent $5.7 million, with a $1.85 million transfer from a Senate
campaign account, leaving him with $10.8 million in cash on hand.
About $1.1 million of that sum is earmarked for the general election
campaign; all the money Romney has raised is for the primaries.

The numbers revealed yesterday provide the first detailed look at
the sources of candidates' cash -- as well as the all-important
"burn rate," the pace at which campaign consultants' fees, aides'
salaries, overhead, and travel consumes campaign dollars.

-snip-

Read more: http://www.boston.com/news/nation/articles/2007/04/14/romney_money_going_fast

[msongs]

1. not a problem, the mormon church has lots of cash nt

[saltpoint]

2. That stuff he puts in his hair? It's walrus semen. And it's expensive.

And something of a thankless task for the person who has to procure it.

If Mitt doesn't win the nomination, that procurer's tell-all book is going to be a doozy.

[snowbear]

3. LOL.. walrus semen, huh?

I wonder if the mormon church's up here in Alaska are sending that to him?

[saltpoint]

4. There they are -- the Republican National Committee. With a young intern,

looks like.

A damned scruffy bunch and totally isolated on a slab of ice miles from nowhere.

[bklyncowgirl]

11. That big guy's waiting for his pal Mitt.C'mon baby, how bout a little soft music this time.

C'mon baby, how bout a little soft music this time.

[Arugula Latte]

8. And I thought Alaskan king crab fishing was the most dangerous job.

Lol...

[saltpoint]

9. !! I bet lawyers are already jostling to put together a film deal

with the Hollywood studios.

[sutz12]

5. All those hunting trips must be expensive.

:evilgrin:

[TwilightGardener]

6. Mittens! Spending like a drunken sailor on shore leave! He must expect

to either tap into more cash, or he feels that if he doesn't get an advantage early on, he's toast. BTW, love the walruses!

[sandrakae]

7. He has a better chance get elected dog catcher.

[saltpoint]

10. Agree. But he may have to fight Bill Frist for that job.

[sandrakae]

13. True. Hopefully they both get bit during the campaign.

[WCGreen]

12. The Mitt is probably dealing with a fairly finite number of donors...

He probably made sure that all of Morman donations came in before the deadline to make him look as if he is kind turd on shit Island...

But what it really means, if my very educated guess is correct, he will level off and return to the pack as his base of donors max's out...