Romney's Numbers Posted

[Razmear]

http://query.nictusa.com/pres/2007/Q3/C00431171.html

Cash On Hand: 9,216,517.36
DEBT: 17,350,000.00

[Starks]

Wow...

[kylejack]

Its phantom debt, though. He can relieve it at any time by waving his hand.

[goRPaul]

$17 million in debt?!? Wow! Where is that owed to, himself?

[risiusj]

How much has he contributed to his campaign total?

[stevedasbach]

http://query.nictusa.com/pres/2007/Q3/C00431171.html

Cash On Hand: 9,216,517.36
DEBT: 17,350,000.00

Just think how he'll run the country. :)

[mwkaufman]

Is all of that debt to himself?

[steph3n]

WOW!!!
10. Cash on Hand at CLOSE of the Reporting Period 9,216,517.36
11. Debts and Obligations Owed TO the Committee 0.00
Itemize all on SCHEDULE C or SCHEDULE D
12. Debts and Obligations Owed BY the Committee 17,350,000.00

INSANITY!!!

[kylejack]

$17 million in debt?!? Wow! Where is that owed to, himself?

Right, and he can forgive it if he wants. So he really does have 9 million to play with.

[Original_Intent]

Negative 8 million cash on hand after debt - nice Mitt! We need to have a few more BIG straw polls to whittle away the family fortune.

[jd603]

he's in debt? some business man! Sign of how he'll spend when he's elected. *thumbs down*


http://query.nictusa.com/pres/2007/Q3/C00431171.html

Cash On Hand: 9,216,517.36
DEBT: 17,350,000.00

[Grandson of Liberty]

guess that iowa win was expensive :rolleyes:

[Adamsa]

He is going to feel like such an idiot if he doesn't win or doesn't get a place in the white house.

[Starks]

I hate Mitty's shit-eating grin.

[werdd]

bad money management is a direct result of inbreeding.

[Cowlesy]

It looks like he wrote himself a check for $8,500,000 this quarter for a total of $17.5 million in self-financing so far.

Damn it feels good to be former CEO of Bain Capital

[steph3n]

military donations:
USAF RETIRED 250.00
USAF 400.00
US AIR FORCE 100.00
US ARMY 2,750.00
US ARMY GENERAL COUNSEL OFFICE 200.00
UNITED STATES ARMY 200.00
UNITED STATES MARINE CORPS 300.00
U.S. NAVY 750.00
U.S. ARMY 260.00
NATIONAL GUARD 20.00

[cjhowe]

He spent 21 million last quarter, but only reported on where about $900k of it went, of which 91k went to Hudson Bay Company...which appears to be a Canadian company..

[steph3n]

his private jet fleet :D

[hard@work]

And this guy is "top tier" what a flippin JOKE!

[Nefertiti]

Looks like he may have gotten Botox injections in Charleston while he was there:

http://query.nictusa.com/pres/2007/Q3/C00431171/B_PAYEE_C00431171.html

Look for Southeastern Cosmetic Surgery Center

[steph3n]

And this guy is "top tier" what a flippin JOKE!

runs his campaign like he'd run the country, in deficit spending and making the lawyers happy!

[philipsantamaria]

he totally WOULD get plastic surgery, the nutcase.

[cjhowe]

http://www.mittromney.com/News/Press-Releases/Charleston_Leaders

Cindy Costa - Since 1996, Costa has served as an RNC National Committeewoman from South Carolina. Costa is business manager of the Southeastern Facial Plastic/Cosmetic Surgery Center. She has long been active in South Carolina Republican politics. Costa is currently Chairman of the South Carolina Winning Women Excellence in Public Service Series.

Perhaps fundraising commissions?

[peacemonger]

Romney is brilliant (OK, I'm joking)
Romney seems to have run a masterful hedging strategy. Here is how it works:

Romney pays 17.35M to his campaign / His campaign sends him an IOU for 17.35M
The campaign uses all this cash on advertising to raise more cash from donors
100,000 Donors Donate 44M (roughly $440 per donor)
Let's assume (50% of Romney's donors donated $250 or more, 25% 150, and 25% donated $100) This is just an estimate.

At the end, if it looks like he is not winning, he can apply for matching funds. Here is the breakdown:
50,000 * 250 = $12,500,000
25,000 * 150 = $3,750,000
25,000 * 100 = $2,500,000
So, even if Romney spends all the money recklessly, it doesn't matter. He can apply for over 18M in matching funds and then get out of the race. His campaign will have to write him a check so the campaign committee can pay off its debts. Romney gets ALL of his investment returned through a payment from the American people. Its a perfectly covered hedge.

[CurtisLow]

I think his drain is his five sons driving that RV around the country, You know the ones " My sons are serving there country"



Here they are at the ball park..
http://cache.deadspin.com/assets/resources/2007/04/BurrellFinger.gif

[reaver]

Romney is brilliant (OK, I'm joking)
Romney seems to have run a masterful hedging strategy. Here is how it works:

Romney pays 17.35M to his campaign / His campaign sends him an IOU for 17.35M
The campaign uses all this cash on advertising to raise more cash from donors
100,000 Donors Donate 44M (roughly $440 per donor)
Let's assume (50% of Romney's donors donated $250 or more, 25% 150, and 25% donated $100) This is just an estimate.

At the end, if it looks like he is not winning, he can apply for matching funds. Here is the breakdown:
50,000 * 250 = $12,500,000
25,000 * 150 = $3,750,000
25,000 * 100 = $2,500,000
So, even if Romney spends all the money recklessly, it doesn't matter. He can apply for over 18M in matching funds and then get out of the race. His campaign will have to write him a check so the campaign committee can pay off its debts. Romney gets ALL of his investment returned through a payment from the American people. Its a perfectly covered hedge.



Bump.