Romney Sprints Ahead In Race For Cash

[cali]

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.

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

[randome]

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

[upaloopa]

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

[glinda]

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.

[global1]

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.

[Spitfire of ATJ]

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.

[asjr]

5. Romney can thank Mr & Mrs Corporation.

[Vogon_Glory]

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.

[savalez]

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.

[flamingdem]

8. He could bankroll the whole thing himself

crook

[wordpix]

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