Romney rakes in the dough, gives generously

July 16, 2009

USA-POLITICS/Former, and perhaps future, Republican presidential hopeful Mitt Romney raked in some serious cash — $1.6 million — for his political action committee during the first half of 2009, despite the recession.

Romney, who dropped out of the 2008 presidential campaign after poor showings in the early primaries despite raising huge sums of money, is considered one of the untainted potential candidates for 2012. Problems saddling fellow Republicans like outgoing Alaska Governor Sarah Palin and Nevada Senator John Ensign have put their presidential aspirations in question.

In addition to trying to stockpile some cash in case he decides he will make another White House bid, Romney donated $5,000 to Missouri Republican Representative Roy Blunt, who is running for Senate in 2010, and Republican Bob McDonnell, who is seeking Virginia’s governorship.

Romney also gave $1,000 to Representative Mark Kirk, who has been weighing a bid for President Barack Obama’s old Senate seat in Illinois.  Kirk has wavered on whether to run for the open seat being vacated by Democratic Senator Roland Burris.

One of the biggest recipients of Romney’s largess was the New Hampshire Republican State Committee, which got $10,000.  He served as governor of neighboring Massachusetts.

Romney’s PAC ended the six-month period with almost $850,000 in cash on hand.

For more Reuters political news, click here.

- Photo credit: Reuters/Jim Young (Romney at the 2008 Republican National Convention)

25 comments

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A two-faced banker from a liberal state who has changed his mind on domestic issues so often he’s lost track — to Represent the Republican brand? Who doesn’t love bankers these days?

Yes please!

Posted by jvill | Report as abusive

jvill there is so much tax payers money being thrown around, even checks to dead people. because the lack of accountability i wonder if romney has received one by mistake?

Posted by brian lee | Report as abusive

Banker? At least you’ve done your research on his background. Speaking of losing track…

Posted by James | Report as abusive

Jvill Banker? Wrong guy. Do some research. The guy is a business wizard with an expertise in turning bad companies losing a lot of money into good companies making a lot of money. And we are not talking about a one trick pony, Romney did it numerous times for a very long time. Do I know any companies losing a lot of money in need of someone to turn it around? Hmmmmm? Well, yes I do. The United States of America and a couple of its subsidiaries Citibank (33% ownership), General Motors (80% ownership), AIG (29% ownership), etc. Sounds like Romney’s expertise maybe a good fit to run those failing companies, and our failing country. But wait let’s cast him out because he flipped flop on abortion. That makes sense.

Posted by Anthony Casa | Report as abusive

Gallup poll shows 3 musketeers in lead for 2012 GOP nomination. The GOP is in major trouble. There is an interesting post at http://iamsoannoyed.com/?page_id=588

Posted by carly | Report as abusive

Carly. It’s a little early to set the 2012 election into stone. Hopefully it will be fiscal conservatives who will fix the mess created in the last 6 months. Notice how I said “fiscal conservatives”.

Posted by TC | Report as abusive

“the mess created in the last 6 months?”

Oh, TC, you come up with the funniest stuff I have ever read!

Posted by getplaning | Report as abusive

The thing about it getplaning, the American people agree with me.

Nothing compares with the fiscal irresponsibility of Obama and Congress in just six months. A one trillion dollar deficit, 12 trillion dollar national debt (or is it really 55 trillion…hmmm), and climbing.

If cap and tax, I mean trade and health care are added to it, we are finished. There is no money to support anything being forced on us.

There is nothing funny about this at all. You can laugh, but your laughter will turn to tears. I have no doubt about that.

Posted by TC | Report as abusive

TC has his history blinders on again. Six months?! Now that the right has a punching bag in the white house they are going to forget how angry they were with Bush and that his approval rating, even among Reps, had bottomed out.

Posted by Eric H | Report as abusive

TC, the American people don’t agree with you. That’s why the American people have voted your party further into the minority in the last two elections.

Posted by getplaning | Report as abusive

Yes they do agree with me. The majority of Americans do not want cap and trade and the majority of Americans do not want government run health care.

The majority of Americans want lower taxes and smaller government. The current president and congress don’t care what Americans want, but they do want to force things that the majority do not want. But your blinders show you don’t care either.

Yes six months. A one trillion dollar deficit and nothing to show for it. No president in the history of the United States has ever had a ONE TRILLION dollar deficit…ever. And the American public is growing weary of the “sky is falling” cries from the White House. He has done nothing to make the situation better in the six months he has been in office. Wait until hyper inflation comes in the next few years.

Blame the past if you want to, but the spending occuring now doesn’t need to happen. The government power grab is scary.

If you want to keep it a mere argument about democrats and republicans, then go ahead and argue with yourself. This is much bigger and more important than that.

Posted by TC | Report as abusive

The more you give the more you receive. Mitt Romney is doing a great job in helping to the Republicans. By doing that he will receive a great help from the party for what has been done. Go ahead Mitt.

Wrong on both counts, TC. The vast majority of Americans believe global warming is real, that we are causing it, that we must act immediately to stop it, and that cap and trade is a part of the solution.

The vast majority (76%) of Americans want a publicly funded, single payer health system in America. By a large majority, Americans are willing to pay higher taxes for guaranteed treatment over guaranteed-to-rise insurance premiums for rationed, delayed, and denied treatment.

If anyone doesn’t care what Americans want, it’s the insurance lobby and fossil fuels lobby that are spending $1.5 million per DAY trying to stop Congress from making any changes that will derail their gravy train.

If you think six months is enough time to undo eight years of damage done by conservative policy, well, that pretty much demonstrates how short sighted and opportunistic conservatives really are. I know middle schoolers who have a better grip on reality.

Posted by getplaning | Report as abusive

Your numbers are wacky getplaning. Over 50 percent do not want a public health payer system.

A majority do not believe in global warming and they do not believe it is caused by humans. It is a scam and people know it.

Again, less government and lower taxes are what people want. In addition, they want a reduction of the debt before anything else…cap and trade, health care…etc.

I have no problem with the insurance lobby fighting against this bad public health care plan. Over 50 percent of Americans don’t want it either. The more people realize what is being forced down their throats, the less they want anything to do with it.

The current president has nothing to show for the ONE TRILLION dollar deficit spent this year, probably TWO TRILLION in the next year. Quite a feat considering he has only been in office for 6 months. It doesn’t need to happen and we will be paying for it for decades. That’s what America gets for voting against something rather than for something.

I will no longer debate democrats and republicans because the damage being done by this administration will cause all of us to cry for a very long time. It is much bigger than parties. But narrow minded people stick to stuff like that.

It is also narrow minded to think that this so called “crisis” was a result of the last 8 years. Even the most liberal analysts agree this is a problem that has been building for decades. Plenty of democrat and republican administrations along the way.

But I suspect we will never agree on anything and that’s okay with me. I know I am right, in more ways than one.

Posted by TC | Report as abusive

so america is causing global warming getplaning,that appears to be a very definite statement,how do china and india figure in the equation?are you not mentioning them because they don,t know any better?or does it suit your agenda to conveniently give them a pass.i had to come here from europe to find that this is the best country in the world.unfortunately some americans have to go to europe to realize this is the best country in the world.why did i leave?sick of socialist unemployment,and liberal freeloaders.

Posted by brian lee | Report as abusive

I hope Americans are waking up. Romney in 2012!

Posted by David Wright | Report as abusive

I’m glad to see that Mitt is still in the pack. We need a guy with his economic experience to lead us out of this recession.

Posted by Mike | Report as abusive

We would not be in the economic mess that we are if Mitt Romney had been the winner of the 2008 election for President. The wrong man is leading our Country today. Hopefully Americans will nominate and elect Governor Romney in 2012. He has over 25 years as one of the most successful business men in America plus having served as the governor of Massachusetts. He has raised five terrific sons and his been a model husband. I can’t think of a thing that would keep me from voting for this American Patriot.

Posted by JoAnne Smith | Report as abusive

Romney 2012

Posted by Kevin | Report as abusive

for those that are so unfairly against Mitt Romney, you should read today’s yahoo news on Ford Motor’s quarterly earning, Ford motor’s profit earning is 2.3B, not bad especially when all other major car makers are failing, and guess who is their Financial Consultant? That’s right it is “MITT ROMNEY”. Come on people, put away your people bias, can’t you see this country is going down with Obama? If you truly love this country, help save it, and give Mr. Romney a chance.

Posted by Linda | Report as abusive

I think you two are confusing the percentage of Americans with the percentage of Conservatives. As I pointed out earlier, the vast majority of Americans don’t agree with either of you. Neither do the vast majority of scientists or economists.

Gallup-Is Global Warming Occurring?
When asked their views on when the effects of global warming will begin to happen, 61% of Americans currently say “they have already begun to happen.” This is an increase from 1997, when only 48% gave this response. However, while over three-fourths of Democrats (76%) believe global warming is already happening, only 41% of Republicans share that view.

Harris-
Most people (85%) say they have seen, heard or read about the theory of global warming.
The great majority (74%) of those who have seen, heard or read about global warming say that they believe in the theory that increased carbon dioxide and other gases will lead to global warming and an increase in average temperatures.
Of those who have seen, heard or read about global warming, approximately half (52%) say they have seen, heard or read about recent international agreements in Kyoto and Bonn to limit emissions of greenhouse gases. However, this represents a decline from previous year, when 58% said they had heard of these agreements.
Of the people who have heard about the Kyoto or Bonn agreements, a large majority (73% to 20%) approves of them.
Of those who have heard of the Kyoto and Bonn agreements, a 54% to 30% majority now thinks that the U.S. government was wrong not to accept these agreements. This is an increase in public criticism of the government. Last year showed a much narrower (46% to 42%) plurality thinking the government position was wrong.
Feelings about the U.S. government position on global warming vary substantially by party, with 70% of Democrats and 56% of Independents thinking that the U.S. government position is wrong, while a 49% to 37% plurality of Republicans thinks the U.S. government position is right. However, it should be noted that half of the Republicans who answered this question did not think that the government position was right.

CBS/NYT- A clear majority of Americans — 72 percent — support a government-sponsored health care plan to compete with private insurers, a new CBS News/New York Times poll finds. Most also think the government would do a better job than private industry at keeping down costs and believe that the government should guarantee health care for all Americans.

NBC/Wall Street Journal- Poll numbers show that the American public overwhelmingly favors a choice between getting insurance coverage either through the private market or a government run option. Indeed, 76 percent of respondents said it was either “extremely” or “quite” important to “give people a choice of both a public plan administered by the federal government and a private plan for their health insurance.”

Posted by getplaning | Report as abusive

Mitt Romney is a very fine person. Here in Massachusetts there isn’t anyone that can have a negitive thing to say about Mitt on a personal level. He was a Republican governor in a very Liberal State controlled almost entirely by a strong Democrat machine. He was elected just by the strong appeal of his personal character and his ability to right the ship of a state with tough fiscal problems. He left office with a hefty surplus which sadly has gone the other way since he left the Governorship.

Posted by Richard Johnson | Report as abusive

Mitt Romney was not one of my choices during the last campaign, but he’s definitely in the top two if he decides to run for 2012. I think Mitt and Mike Huckabee would be an honest, strong and brilliant team – no matter the order of Pres/VP. So much do I believe this, I contributed to both this year; even though unemployment has hit us hard. Mitt & Mike for and honest, strong America!

Posted by Nancy | Report as abusive

Just one comment. The difference between fact and truth: Fact can be proven by statistics and polls …. truth cannot. FACT is not Truth.

I thank my psychology teacher at college for teaching us the difference. He said you can prove that women get pregnant just by holding hands or other such foolish things. It’s how you ask the question.

The media convinces us of facts. Unfortunately for them, conservatives are looking for the truth.

Posted by Katie | Report as abusive

[...] Republican Mitt Romney collected $1.6 million dollars in the Free and Strong America PAC during the first half of the year, which he used to help elect conservatives to public office: http://blogs.reuters.com/fro [...]

I think Mitt Romney for President and Mike Huckabee as v/pres would make an awesome team for 2012. I would certainly be proud to support their candidacy should we be lucky enough for them to run.

Posted by Cornelia Butler | Report as abusive