Romney’s Law, 2012, and another $45 million

4thMar 2009 | Posted by The Political Avenger

Former Massachussetts Governor Mitt Romney is strongly leaning towards another run for President in 2012. Fresh off of winning 4.5 million votes in the 2008 Republican Primaries, and his third straight CPAC Straw Poll win, Mitt Romney is weighing whether he wants to spend another $45 million on another presidential campaign in 2012. Romney’s Free and Strong America Committee is already contributing to candidates who might be vulnerable in 2010, and is going to be making the rounds supporting those candidates on the ground. Although he has raised $2.1 million for this Committee, this article says only 12% of the money has been contributed to candidates.

Instead, the largest chunk of the money has gone to support Romney’s political ambitions, paying for salaries and consulting fees to over a half-dozen of Romney’s longtime political aides, according to a Globe review of expenditures.

Romney founded the Free and Strong America Committee shortly after dropping out of the 2008 presidential primary. He filled its coffers by telling conservative contributors around the country that their money would be used to support Republican candidates and causes.

But the best part is here:

Although Romney raised dire warnings of Democrats “spending millions” to defeat Republicans last fall, the list of candidates who received funds [from Romney's PAC] is dominated by incumbents who were either unopposed or headed to an easy victory, and who also endorsed his presidential candidacy.

So a politician whose network is somewhere between $250 and $500 million, still steals money through the political system? Let’s call it Romney’s Law: Any politician, no matter how high his networth is, will seek to pillage the coffers of the government or of his supporters in an effort to preserve or increase his own wealth, or buy support from elected officials.

Romney, talking out of both sides of his mouth

Romney, talking out of both sides of his mouth

-The Political Avenger


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