Romney aims for $100M 'entry fee'
Get out your pocketbooks.
The U.S. presidency doesn't come cheaply these days. Federal Election Commission chairman Michael Toner told the New York Daily News recently that serious candidates for 2008 need to raise at least $100 million by year's end.
"Call it a $100 million entry fee," Toner said.
The two candidates who make it to Election Day 2008 will spend $500 million, Toner predicted. Each. That's 40 percent more than the $350 million George W. Bush spent in 2004 and almost five times the $108 million Bill Clinton spent in 1996.
And you thought your property tax increases were outrageous.
Serious presidential campaigning is open only to people who can raise lots of money, which seems to include Romney. Even before his one-day phone-a-millionaire telethon raised $6.5 million last Jan. 8 in Boston, the Wall Street Journal reported his campaign had several million in the bank.
His stop in Utah will begin tomorrow night at the Grand America Hotel, where guests will be invited to give early and give often. He will be in St. George on Wednesday.
No one expects the evening to be unproductive. As Chris Robinson of Park City, one of many Utahns drumming up Romney support, said, "My experience so far is that it's not difficult to raise money for him here."
Robinson noted that money raised now helps legitimize the campaign.
"The adage is money talks, but early money screams," he said.
Romney couldn't have picked a better month to come. February in Utah has been very good to him.
It was on Feb. 11, 1999, that he was hired to take over as head of the scandal-tarnished, deeply-in-debt Salt Lake Olympics.
And it was three years later, from Feb. 8-24, 2002, that those Olympics went over like a helium-filled balloon, resulting in worldwide praise, a $100 million profit, and, for Romney, a nudge toward the White House.
On Feb. 20, 2002, exactly five years ago tomorrow, Mitt's Games enjoyed a crescendo moment when Americans Jim Shea and Tristin Gale won gold medals in skeleton racing, Apolo Anton Ohno, the soul-patch of the Games, won gold in short-track speed skating and skier Janica Kostelic of Croatia claimed her record-setting third gold medal.
Romney loves to tell the story about Kostelic overcoming long odds of growing up in a war-torn country and sleeping in the family car before races to become the world's best women's skier.
Odds not unlike those he faces in the 2008 race. The latest Gallup/USA polls show Rudy Giuliani ahead among Republicans at 40 percent, followed by John McCain at 24 percent, Newt Gingrich at 9 percent and Romney at 5 percent. Hillary Clinton leads Democrats with 40 percent, followed by Barack Obama at 21 percent, Al Gore at 14 percent and John Edwards at 13 percent.
That's a lot of ground to make up. But with primary elections a year away, there's plenty of time.
Romney is still sleeping in the family car before races stage and chipping away at that entry fee.
Lee Benson's column runs Sunday, Monday, Wednesday and Friday. Please send e-mail to benson@desnews.com and faxes to 801-237-2527.
Comments
- Lightning delays shuttle launch 2:54 p.m.
- Sweating can be big stuff 2:53 p.m.
- Exhumation finds 1 body in grave 2:41 p.m.
- Body found at NY skyscraper 2:37 p.m.
- McNair mourned as a 'hero,' 2:31 p.m.
- Myths as persistent as mosquitoes 2:12 p.m.
- Hollywood glamour at Gaultier 1:58 p.m.
- Canal breaks, causes landslide in Logan 1:52 p.m.
- Reptile Lou won't eat 1:06 p.m.
- Three injured in South Ogden shooting 1:05 p.m.
- Jazz brass debate Millsap match
- LDS seminary principal arrested
- 2 men cited on LDS plaza
- Jazz finances not quite so bleak
- Reactions on Boozer speculation
- HBO defends U. logo use in 'Love'
- Utahns among Texans' investors
- Cash for Clunkers to get rolling soon
- Jazz rookies quiet Thunder youngsters
- 10 years after the flood
- LDS seminary principal arrested
267 - Jazz brass debate Millsap match
176 - Bronco collecting a galaxy of recruits
141 - Jazz talking Boozer trade?
140 - 2 men cited on LDS plaza
132 - Blazers may offer Millsap a contract
124 - Stadium of Fire flag burning was fake
99 - Fairness of BCS debated
81 - Letters: Single-payer system best
75 - Services bids farewell to Jackson
70
As more and more dads are put out of work in this economy, I've been...
The photographs are mysterious, brooding, dark. They show dimples and...
I am confident that Glen Beck has the read the book by Gary Allen,NONE DARE...
The best thing we could do would be to get rid of all the people in DC who...
He would not pull out a whip, that's for sure. You people must read a...
i havent read anything about 20 mil. i read 32 to 36 mil not confirmed. 15...
Enter comment Introduzca comentario ¡¡Por Dios!! Esto no es cosa del...
When I was 16, I thought the world of my seminary teachers. They all talked...
Girls/Ladies/Women, let me first introduce reality into this discussion. In...
Obviously you don't get my point. They were non-violent resisters. They were...
PRESIDENT CLINTON was guilty of the SAME KIND OF CRIME. An older man in a...
Ah, The Religion of Peace! :-)


You can be the first to comment on this story.