Romney not ruling out self-financing

[steve2470]

http://www.boston.com/news/politics/politicalintelligence/2011/05/romney_not_ruli.html

LAS VEGAS – Mitt Romney, while clearly buoyed by the $10.25 million his supporters raised today, is nonetheless not ready to rule out what could become another potent financial weapon in his all-but-certain presidential run: tapping into his own personal wealth.

“That’s counsel I’m going to keep with Ann and myself, and that’s all,” he said, referring to his wife. “So I can’t give you any more update than that. We’re just going to keep that to our own counsel.”

The decision could be significant, not only on Romney's pocketbook but also on the contours of the race. During the former Massachusetts governor’s 2008 presidential campaign, he used $42 million of his own funds. One of Romney’s potential rivals -- Jon Huntsman, Jr., who comes from a wealthy family – has already ruled out self-financing his campaign.

“If we were to get in the race – no self-financing,” Huntsman told reporters recently in South Carolina. “Unless you can raise it legitimately, you’re not going to win.”

[FrenchieCat]

1. Citizen's United here we come!

[kestrel91316]

2. He might want to ask Queen Meg how well that approach worked out in CA in 2010......

[DrToast]

3. He doesn't have her kind of money.*

*

[Me.]

4. So He Has A Spare Billion?

[Alexander]

5. And how did that work out last time, Mitt?

[Thrill]

6. SHOCKER. Didn't he blow 20 million of his own money

in the Republican Primary last time? He desperately wants to be President.

[davidpdx]

7. The question is would have to report the donations?

I think he would. That wouldn't go over very well with most voters.