According to a report in the National Review Online, the Romney campaign took out a $20 million loan prior to the Republican National Convention to help keep the campaign afloat until it could tap into the millions it raised for the general election. The loan was taken out against funds Romney would only be allowed to use after the nomination.
http://www.globalpost.com/dispatch/news … n-11m-debt
It's hard to beleive that a multi millionaire is in debt...but the laws clearly state that campaigns are funded by donations only...so whats to prevent him from 'donating" to himself secretly?
by John Coviello5 years ago
Mitt Romney Has a 20 Point Lead in South Carolina. Is the GOPNomination Over? I thought that Romney would take New Hampshire, then lose some southern states, and leave the door open for someone else to come...
by mio cid5 years ago
In light of the latest developments in the republican primaries i'm going to go out on a limb here and say that I don't see a path for Romney to win the nomination, I think after florida Gingrich runs away with it.
by earnestshub6 years ago
Mitt Romney, the intellectually challenged religionist has thrown his hat in the ring. Obama must be secretly thrilled, and is now assured of a victory in 2012. This Mormon loon will make America a laughing stock simply...
by Dr Billy Kidd5 years ago
Presidential candidate Mitt Romney said last week that Obama has a secret agenda for his second term. I'm wondering what that is. Romney did not say. Or is this the old psychological trick of projecting your fault on...
by Ralph Deeds7 years ago
A long article in this week's "The New Yorker" by Sean Wilentz entitled "Confounding Fathers" traces the antecedents of Glenn Beck's rants and the Tea Party's hysteria to two individuals who spouted...
by Jack Lee35 hours ago
Let me be consistent and bring up the topic of our debt, which was doubled under Obama’s 7 years to $20 trillion and now under the first year of the Trump administration is rising to $20.5 trillion. It is Congress’s...
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