Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Mitt Romney relying heavily on small group of super-rich donors
Washington Post ^ | February 1, 2012 | Dan Eggen and T.W. Farnam

Posted on 02/02/2012 10:06:21 AM PST by C19fan

One of Mitt Romney’s strongest assets as the GOP presidential front-runner is also a potentially serious liability in the race: his heavy reliance on a small group of millionaires and billionaires for financial support.

A quarter of the money amassed by Romney’s campaign and an allied super PAC has come from just 41 people, each of whom has given more than $100,000, according to a Washington Post analysis of disclosure data. Nearly a dozen of the donors have contributed $1 million or more.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Politics/Elections
KEYWORDS: elite; romney
Navigation: use the links below to view more comments.
first 1-2021-33 next last
Government of Goldman Sachs, by Goldman Sachs, and for Goldman Sachs. If you want to keep on happening over and over again let this elite assume you are stupid and gulliable and will pull the lever for any hack they push as long as it has a R beside the name. Now is the time to push back and say NO!
1 posted on 02/02/2012 10:06:29 AM PST by C19fan
[ Post Reply | Private Reply | View Replies]

To: C19fan

Well, in fairness, Newt has been able to continue in the race lately as a result of getting almost all of his recent funding from a single couple in Nevada to the tune of 10 million dollars. (Which would be equal to 100 people giving $100,000 each, wheras Mitt had 41 who gave at least that much.)

So this arguement cuts both ways. Fact is, whomever we nominate...and God help us make it the most conservative cnadidate we possibly can, will have to get funds from wealthy GOP supporters as well as the rank and file if there is a hope to counter the billion dollar war chest Obama is amassing.


2 posted on 02/02/2012 10:11:16 AM PST by Jeff Head (Liberty is not free. Never has been, never will be. (www.dragonsfuryseries.com))
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan

How many are Mormon?


3 posted on 02/02/2012 10:11:22 AM PST by DannyTN
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan

Just shows how easy it is to buy an election.


4 posted on 02/02/2012 10:11:30 AM PST by RC2
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan

How many are Mormon?


5 posted on 02/02/2012 10:11:30 AM PST by DannyTN
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan

Let’s assume RINOmney actually gets nominated....and (horror of horrors) actually is elected.

Given that he’ll simply do the same things as the office holding Cretin that’s there now, has not any of our dimbulb “analysts” (listening Coulter, Medved, etc?) calculated that it will totally destroy the Repulsican (intentionally spelled) party?

I’ll personally join and give mucho time to a new conservative party should the vapid dork actually make it. Repulsican Party....RIP.


6 posted on 02/02/2012 10:12:24 AM PST by Da Coyote
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan

The term, “money talks” comes to mind.


7 posted on 02/02/2012 10:15:51 AM PST by freeangel ( (free speech is only good until someone else doesn't like it)
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan
Super-Rich Donors Activate!

Form as Crony Capitalists! Form as Douche Bags!


8 posted on 02/02/2012 10:16:45 AM PST by dragonblustar (Allah Ain't So Akbar!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan

I bet no Dog lovers on the list.


9 posted on 02/02/2012 10:17:09 AM PST by hadaclueonce (scrap copper is more than $3.00 a pound. wind generators are full of copper)
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan
Don't forget George Soros
10 posted on 02/02/2012 10:20:38 AM PST by Sprite518
[ Post Reply | Private Reply | To 1 | View Replies]

To: Da Coyote

I believe there will finally be enough anger with the Repubs that a viable 3rd party will be the result. Obviously, working within the Repubs (as the Tea Party has tried to do) does not work. The old “fool me once, shame on you ... fool me twice shame on me” is beginning to kick in here.


11 posted on 02/02/2012 10:22:28 AM PST by MissMagnolia (Being powerful is like being a lady. If you have to tell people you are, you aren't. (M.Thatcher))
[ Post Reply | Private Reply | To 6 | View Replies]

To: C19fan

No matter whaat it costs him, Rombama will not get my vote!


12 posted on 02/02/2012 10:22:50 AM PST by Paperdoll (On the cutting edge)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jeff Head
"Well, in fairness, Newt has been able to continue in the race lately as a result of getting almost all of his recent funding from a single couple in Nevada to the tune of 10 million dollars."

Good point. The Citizens United decision has turned candidate selection over to the rich. Talk is cheap but microphones to be heard cost a lot of money. Negative ads need funds.

13 posted on 02/02/2012 10:24:41 AM PST by ex-snook ("above all things, truth beareth away the victory")
[ Post Reply | Private Reply | To 2 | View Replies]

To: DannyTN

They probably pawned one of Joesph Smith’s golden tablets.


14 posted on 02/02/2012 10:25:59 AM PST by VanDeKoik
[ Post Reply | Private Reply | To 3 | View Replies]

To: DannyTN
I know Melaleuca - CEO is mormon - has donated $250,000 (several times) to the Restore Our Future/Rombama SuperPAC.

Don't know about any of the other donor's Mormonism's :)

15 posted on 02/02/2012 10:27:10 AM PST by Jane Long (Soli Deo Gloria!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: VanDeKoik
They probably pawned one of Joesph Smith’s golden tablets.

I heard that Obama and his Housing Czar arranged to get him a large, low-interest mortgage on that planet where Mitt will be a god.

16 posted on 02/02/2012 10:34:29 AM PST by Cicero (Marcus Tullius)
[ Post Reply | Private Reply | To 14 | View Replies]

To: C19fan
Statistically speaking, less than 1% of the world's population owns 99% of the worlds wealth. If that is true and since US election are all about money and that a small number of the very rich will support him then ole Mitt should be a shoe in as the R candidate.
17 posted on 02/02/2012 10:35:10 AM PST by drypowder
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan

The few personal contributions from a few Goldman Sachs employees represents a very small portion of the donations to the Roney supporting super pac.

The largest single category of donors appears to NOT be from the big bank institutions but from private investors, private capital investment outfits, venture capital outfits, and individual employees of such businesses.

The one group of donors that everyone should be investigating, in case it is actually illegal, is in the form of four seperate donations from four subsideries of the Melaluca corporation, a Hong Kong based corporation.

Even if the four entities are U.S. incorporated entities, it could clearly be seen as those four entities meerly “laundering” money/donations from the foreign parent corporation.


18 posted on 02/02/2012 10:35:24 AM PST by Wuli
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan
ROMNEY STRATEGY, ROMNEY STRATEGY
19 posted on 02/02/2012 10:37:28 AM PST by FrankR (You are only enslaved to the extent of the entitlements you receive.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: C19fan

Full disclosure: I am not a Romney supporter.

Regardless:

The few personal contributions from a few Goldman Sachs employees represents a very small portion of the donations to the Romney supporting super pac.

The largest single category of donors appears to NOT be from the big bank institutions but from private investors, private capital investment outfits, venture capital outfits, and individual employees of such businesses.

The one group of donors that everyone should be investigating, in case it is actually illegal, is in the form of four seperate donations from four subsidiaries of the Melaleuca corporation, a Hong Kong based corporation.

Even if the four entities are U.S. incorporated entities, it could clearly be seen as those four entities meerly “laundering” money/donations from the foreign parent corporation.


20 posted on 02/02/2012 10:38:23 AM PST by Wuli
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-33 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson