Romney rakes in the dough
January 31st, 2011
02:53 PM ET
12 years ago

Romney rakes in the dough

(CNN) - The political action committee headed by former Republican Massachusetts Gov. Mitt Romney begins 2011 with $1,446,680 cash on hand, having raised $6,300,723 in 2010. The totals are perhaps another sign he's running for GOP presidential nomination in 2012.

The Free and Strong America PAC raised $210,523 during the fourth quarter between November 23, 2010 and December 31, 2010, according to its Federal Election Commission filing Monday. That figure includes $174,523 raised by the PAC and $36,000 brought in from five state affiliates in Alabama, Iowa, Michigan, New Hampshire and South Carolina.

Romney, who has said he will announce his 2012 decision in the next few months, spent the midterm election season promoting Republican candidates throughout the country. Over 500 Republican candidates received money from the PAC in 2010, totaling $1,177,758 from his federal and state operations.

Filed under: 2012 • Mitt Romney
soundoff (14 Responses)
  1. Whatever

    What happened to the other $5 million???

    The political action committee headed by former Republican Massachusetts Gov. Mitt Romney begins 2011 with $1,446,680 cash on hand, having raised $6,300,723 in 2010.

    January 31, 2011 02:58 pm at 2:58 pm |
  2. Protect and Defend Freedom of Speech in the USA

    Romney would mop the floor with Obama in 2012. Experience and competence Obama will NEVER possess.

    January 31, 2011 02:58 pm at 2:58 pm |
  3. Squigman

    Laying to rest the question: Are fools and their money soon parted?

    January 31, 2011 03:01 pm at 3:01 pm |
  4. beevee

    Romeny is already sucking up to the rich folks in the country making all kinds of promises to keep the middle class well middle class. He has no chance of becoming president at least not until 2016. The folks donating are wasting their money.

    January 31, 2011 03:06 pm at 3:06 pm |
  5. Wire Palladin, S. F.

    That does not even count the money raised for him by the Kochs this past weekend. No bagger can survive the onslaught of big bucks from billionaires, big corporations and foreign corporations for Mittens.

    January 31, 2011 03:13 pm at 3:13 pm |
  6. diridi

    this idiot makes pita bread and sell to all...o.k, not at all fit to be president....another USA!!!!!

    January 31, 2011 03:22 pm at 3:22 pm |
  7. mike

    He can rake in all the dough he wants until his party nominates him he is going no were and the truth is that the tea party is not going to give him the green light and for get about the bible thumpers they want huckbee not no yankee who is no christian

    January 31, 2011 03:23 pm at 3:23 pm |
  8. Mark

    wait til the front runner gets picked.

    Hollywood could only contribute so much to Obama

    January 31, 2011 03:26 pm at 3:26 pm |
  9. Voice of Reason

    Ironic – when you consider that the biggest problem in government is money in goverment. The career politicians peddle influence to whichever corporate lobbyist has the highest bid, and Romney is no exception.

    Everyone said how terrible it was when the Supreme Court rules that spending on a candidate's behalf is protected, so now corporate America can spend all the $$Buh-zillions$$ they want on whoever they wish to bribe.

    If you want to know who's doing the right thing, and who just wants into office so bad they'll do anything to get there – just follow the money.

    January 31, 2011 03:31 pm at 3:31 pm |
  10. iListen

    Wow! Romney has not had a job in years. How does he support himself?

    If Romney was not a better choice in 2008 than McCain was, what has he done since to change that? Has he held some political office since being a one term governor? Has he worked for a business as a CEO? What has Romney done since being a one term governor for Massachusetts? I think that Romney running for president, along with Palin, is solely for financial gain. I do not see Romney representing the people, but instead big business. I will be one very happy citizen when we stop electing business CEO's and lawyers to the senate, house or reps, and the WH.

    As a result of his business career, by 2007 Romney and his wife had a net worth of between $190 and $250 million, most of it held in blind trusts.

    January 31, 2011 03:43 pm at 3:43 pm |
  11. ThinkAgain

    When I first moved into my neighborhood 15 years ago, I had Mormon neighbors. Lovely people, six kids, all of whom were good kids, responsible, etc. One day we were discussing amusement parks and I mentioned how much we enjoy Disneyland. They told me that they had been instructed by their church to boycott all things Disney, because the Disney corporation had extended partnership benefits for their employees (which covered unmarried and gay people).

    About four years or so later, these same neighbors told me how they'd vacationed in Disneyland and really enjoyed it. Come to find out, the church had changed its mind about boycotting all things Disney.

    Given this kind of blind allegiance LDS members have to their church and its leaders/doctrine, how can we be sure Mitt Romney would truly be a representative of his constituents and not taking his marching orders from the LDS hierarchy?

    January 31, 2011 03:49 pm at 3:49 pm |
  12. D. Bunker

    Nothing like sucking up more cash from your Wall St. Robber-buddies. How many more backroom favors did you promise in exchange, Mittens?

    January 31, 2011 03:55 pm at 3:55 pm |
  13. Four and The Door

    If Romney was not a better choice in 2008 than McCain was, what has he done since to change that?
    Obama went out of his way to prove how completely wrong the Democratic answer for economic problems was. He increased both unemployment and debt. He showed how ineffective one party government can be.

    Romney just stayed with the message he has had all along. And America is getting on board.

    January 31, 2011 04:10 pm at 4:10 pm |
  14. D. Bunker

    Another misleading post from FATD; what a surprise! Obama's "method" has already improved the economy and the employment numbers. On the other hand, your failed GOFOXBP cult has preached the failed policy of deregulation and tax cuts for the ultrarich for over a decade. Open your eyes and you'll see the PROOF those policies are a failure. But you're too scared to actually see the truth, aren't you?

    January 31, 2011 04:28 pm at 4:28 pm |