Will Romney end his campaign with large amounts of COH? What will he do with it?
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  Will Romney end his campaign with large amounts of COH? What will he do with it?
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Author Topic: Will Romney end his campaign with large amounts of COH? What will he do with it?  (Read 533 times)
Jacobtm
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« on: September 21, 2012, 10:10:45 PM »
« edited: September 21, 2012, 10:21:30 PM by Jacobtm »

"While Romney’s side boasted a nearly $50 million edge in cash on hand — $175 million to $126 million — headed into the final two months, it also had $10 million more in debt, as Romney’s campaign took out a $20 million loan to address cash flow issues."

http://www.politico.com/news/stories/0912/81499.html#ixzz27AIFISJu

It frankly doesn't make sense. What is Romney waiting to spend this money on?

Is it possible that he simply hoards this money and ends his campaign with a large amount of Cash on Hand?

As with all financial dealings of Mitt Romney, I'm sure we can expect pure honesty and transparency with regards to the handling of any leftover COH after his campaign.
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dead0man
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« Reply #1 on: September 22, 2012, 02:18:08 AM »

Burn it in front of starving browns.
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minionofmidas
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« Reply #2 on: September 22, 2012, 04:24:44 AM »

Keep it and not pay taxes. That was always the plan. Mitt Romney is "running for President" to make money out of it.
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FritzMacKenzie
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« Reply #3 on: September 22, 2012, 10:10:21 AM »

He will probably keep it to compensate himself for all the money he wasted on his 2008 run, just my thought.
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Snowstalker Mk. II
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« Reply #4 on: September 25, 2012, 09:29:29 PM »

A final ad blitz, then pocket what's left.
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Lief 🗽
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« Reply #5 on: September 25, 2012, 09:48:49 PM »

Mitt Romney is just doing to the GOP what he did for so many years at Bain. He found a failing political party and swooped in and used its assets to raise huge sums of money; now he's going to pocket as much as he can and leave the party with no other choice but shutting down and shipping itself to China.
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Queen Mum Inks.LWC
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« Reply #6 on: September 26, 2012, 12:37:02 AM »

It makes a lot of sense. Nowadays, American voters have short attention spans, so waiting to spend it at the end (sadly) makes sense.
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jfern
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« Reply #7 on: September 26, 2012, 01:11:58 AM »

Wasn't there some Presidential campaign committee that stayed alive spending salaries a long time (like maybe over 10 years) later? I'm thinking maybe it was the Reagan 1984 one, but I'm not sure.
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Jacobtm
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« Reply #8 on: September 26, 2012, 10:44:04 PM »

Which of these two ideas is out of character for Mitt Romney? Which of these two things has he done something similar to before?


Keep it and not pay taxes. That was always the plan. Mitt Romney is "running for President" to make money out of it.

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