Romney spending big in early states

[Omaha Steve]

Source: LA Times

The GOP presidential hopeful appears to be gaining traction. But he's still trailing Giuliani, who's spending his money to raise more.
By Dan Morain and Maloy Moore, Times Staff Writers
July 14, 2007

Republican front-runner Rudolph W. Giuliani is spending heavily in his pursuit of more money for his presidential campaign, while rival Mitt Romney is using his riches to win over voters in states where there will be early voting, campaign finance reports filed Friday show.

The candidates' tactics appear to be serving their ends. Giuliani was the one major Republican candidate who raised more money from donors in the second quarter of 2007 than he did in the first 90 days. And Romney is inching up in polls in Iowa and New Hampshire — but at a cost. He spent $20.47 million in the second quarter of 2007 — nearly all of the $21 million he raised in donations from others and loans to himself.

Romney's second-quarter spending was nearly twice the $11 million Giuliani spent. Altogether, Romney has burned through $31.8 million in the first half of the year, to Giuliani's $17 million, the midyear reports show.

"It is an absolute spectacle," said Craig Holman, a lobbyist for Public Citizen, a Washington group pushing for limits on campaign fundraising. "It is very sad that these candidates are running around the country trying to raise as much money as they can. We're all measuring them" by what they raise, Holman said.



Read more: http://www.latimes.com/news/politics/la-na-gopmoney14jul14,1,358958.story?ctrack=3&cset=true

[Hardrada]

1. Money won't buy back

Your youth when you're old
Or a friend when you're lonely
Or a heart that's grown cold.....