Romney has $50.4 million for fall sprint

[DonViejo]

Source: Salon/AP

WASHINGTON (AP) — Republican Mitt Romney has about $50.4 million to spend on the final weeks of the campaign, though he still has to pay back $15 million in debt.

Romney on Thursday filed documents with the Federal Election Commission showing he raised about $66.6 million in August. He spent $66.4 million. Romney also took out a $20 million loan on Aug. 22. He’s already paid $5 million back to the Bank of Georgetown.

Romney couldn’t spend money raised for the general election until becoming his party’s nominee in late August. He used general election money as collateral for the loan.

Romney and the Republican Party raised more than $111 million combined. That was less than President Barack Obama and the Democrats, who raised more than $114 million.

Read more: http://www.salon.com/2012/09/20/romney_has_50_4_million_for_fall_sprint/

[BeyondGeography]

1. Seems he's much better at hiding money than managing it

[thelordofhell]

2. Maybe that's why it's hidden

Or else this incompetent asshat would spend it all to stop cat juggling or something..........

[Journeyman]

3. Didn't matter how much money they had to sell "New Coke". . .

no amount of marketing will move a product that's no good.

[jmowreader]

11. Don't compare Romney to New Coke

New Coke was a great product. It was so good, Pepsi knew they were fucked if it was allowed to live...so Pepsi went on the warpath against it.

Romney makes the Titanic look like a refreshing swim, Hurricane Katrina look like a gentle spring breeze and Deepwater Horizon look like a teaspoon of salad oil on the surface. All at once.

[DemKittyNC]

4. So....

How much is spray on Tan running these days? This should cover him till after November 6th I hope.

[Iliyah]

5. He also has the super duper pacs as well

Mittens has more money than Pres O. But O's campaign knows how to spend it wisely. OBAMA/BIDEN 2012

[Semi_subversive]

6. $66.6 million raised in August?

Do those numbers mean something?

[BumRushDaShow]

7. Hmmm...

[BlueInPhilly]

9. I thought of the same thing!!! N/T

[Raine]

8. He's inept at handling money, not the kind of person to be in charge of this country for sure. nt

[davidpdx]

10. I know this sounds paranoid

I think he's got more money then he's letting on.

And no I'm not smoking anything....

[jmowreader]

12. Hope he does

Misrepresenting campaign finances gets you a seat at a license plate press.