Holy shit, Willard Romney contributed 18 million of his own $$$ to his campaign, 2x what he raised

[AlCzervik]

January 31, 2008
Read More: Romney

Mitt put in $18 mil of his own, raised $9 mil in 4th Q

Mitt Romney contributed $18 million of his own money to his campaign in the fourth quarter, more than he had put in the first three quarters combined.

Romney also raised $9 million during the quarter and wound up with $2.43 million on hand.

The campaign, wanting to draw as little attention as possible to Romney's self-funding, waited until almost 10 O'clock to release the figures. In the first three quarters, the multimillionaire contributed a total of $17.4 million to his own bid.

What is unknown is just how much Romney put in and spent during the month of January. Given the campaign's heavy TV spending, his total personal contribution is likely now at $40 million or above.

John McCain raised $6.8 million for the quarter and was left with 2.9 million on hand at the end of December. But, in a reminder of his financial woes last year, he also had to take out a line of credit of $3 million and still carried a debt of $4.5 million.

For both candidates, however, these figures are outdated. In Romney's case, especially, what he brought in or had on hand a month ago matters little. Paramount is just how much of their fortune he and his wife, Ann, want to spend on this campaign. And for McCain, the world looks very different now than it did on December 31st. He's the undisputed front-runner and, because of it, is seeing fundraisers sign up to help and cash coming in the door at a rapid clip.
http://www.politico.com/blogs/jonathanmartin/0108/Mitt_put_in_18_mil_of_his_own_raised_9_mil_in_4th_Q.html

[The_Casual_Observer]

1. He has something like $500 million in the bank. He makes that much on

pass book interest.

[tekisui]

2. Oh yeah! I've been watching for this.

He almost shit himself when russert brought it up.

$18 Million!!!!!

HAHAHAHAHAHA!!!!!

:rofl: :rofl: :rofl: :rofl:

[AlCzervik]

3. right? Thats crazy! 9 million raised seems like chump change compared to 18 mill.

[tekisui]

4. No wonder he's not worried about the voters!

I am loving this.

$18 Million out of pocket, to 9 mill from supporters. He is his own supporter. His EGO!!!!