Mitt, the millionaire who loves money and I@mysistereileen.com
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Republican presidential candidate Mitt Romney, left, and vice presidential candidate Paul Ryan on the campaign trail. Photographer: Jewel Samad/AFP via GettyImages
Bloomberg News
Romney Delays Swing-State Visit to Woo Donors in California
Republican Mitt Romney, who defended the management of his campaign even as he trails President Barack Obama in swing states, spent today raising money in California, which hasn’t supported his party’s nominee in almost a quarter-century.
Speaking to donors in Del Mar this afternoon, a town near his beachfront house in La Jolla (LJPC), Romney said his presidential campaign is “nonstop.”
“I’m not even going to be able to go home today,” he told 650 donors at a lunch in a hotel ballroom. “We’re just coming to town to see you and keep the campaign going.”
With less than seven weeks left in the presidential campaign, Romney is facing criticism from fellow Republicans who say he needs to spend more time speaking to voters in battleground states such as Virginia.
Romney spent much of the past week wooing top donors at at least a dozen fundraisers in private estates, hotel ballrooms, and casinos. Today, he made his way past an AC Cobra, a vintage racing car that sells for as much as $10 million, to address donors outside San Diego and mingled with celebrities such as comedian Dennis Miller at a fundraiser in Los Angeles.
The campaign plans to increase the pace of the public schedule starting next week, with an event tomorrow in Denver, followed by a three-day bus tour through Ohio with running-mate Paul Ryan and stops in Virginia later in the week.
The Colorado event is a change from the original schedule, which had Romney spending the weekend at his home in La Jolla.
Trailing Obama
At the same time, the Romney campaign is facing heightened pressure to fill its coffers. Last month, its fundraising totals trailed Obama’s for the first time in four months. Obama raised $84.8 million in August, while Romney took in $66.6 million and borrowed an additional $20 million secured by general-election campaign donations -- most already in the bank -- to pay expenses until he officially became his party’s nominee at the convention.
Between Romney fundraising events in mansions overlooking Biscayne Bay, Florida, and a Las Vegas steakhouse, where Las Vegas Sands Corp. (LVS)casino (LVS) owner Sheldon Adelson commandeered a front-row seat, aides sandwiched into the schedule five public events.
Tax Returns
The courtship of big donors comes as Democrats have seized on Romney’s report that he and his wife, Ann, paid 14.1 percent federal tax rate on income of $13.7 million last year to add to their narrative that the former private-equity executive is out- of-touch with working-class Americans.
“He pays a lower rate than most middle-class families because of complex loopholes and tax shelters,” Obama campaign spokeswoman Jen Psaki told reporters today.
At the ballroom of the Grand Del Mar resort this afternoon, Romney regaled donors with a description of his event from the previous evening -- a fundraiser at the home of Ada Regan, a mansion nestled in the hills overlooking the San Francisco Bay.
“Property up there is, I’m sure, very, very expensive,” Romney said. “We came to the home, and it was like San Simeon, you know, the Hearst Castle. It was this beautiful home with gardens, manicured gardens, and a pool and a topiary.”
Gold-Plated Replica
The house, Romney described, included a gold-plated replica of the heat shield used on the lunar landing module -- a technology invented by Regan’s husband, Barrie Regan, an internationally known mechanical engineer and inventor.
Romney used the story of their family’s business to get into his standard attack against Obama: that the president doesn’t understand how the economy works.
“I want to hear what small business people are thinking,” he said. “I want to know what they believe we need to do to encourage job growth.”
In Los Angeles, where Romney raised $6 million, he was introduced as a “native son” of California by supporter Tom Tellefsen, a financial investor and long-time campaign supporter. Romney owns a $12 million home in the state and his wife, Ann, trains her dressage horses outside of San Diego.
“At this moment I know you are probably feeling a bit worried, frustrated, even angry,” said Tellefsen, head of Romney’s fundraising in California. “Polls are not elections. The voters have not yet spoken.”
Romney’s fundraising needs haven’t swayed critics who say his focus on cash is coming at the expense of Romney’s core economic message.
“The logic of Romney’s fundraising has seemed, for some time, slightly crazy,” Republican speechwriter Peggy Noonan wrote in a Sept. 18 column in the Wall Street Journal. “He’s raising money so he can pile it in at the end, with ads. But at the end will they make much difference?”
Romney pushed back against the criticism yesterday, saying that his campaign doesn’t need an overhaul.
“It doesn’t need a turnaround,” Romney said in an interview for CBS’s “60 Minutes” program, scheduled for broadcast tomorrow. “We’ve got a campaign which is tied with an incumbent president.”
To contact the reporter on this story: Lisa Lerer in Washington at llerer@bloomberg.net
To contact the editor responsible for this story: Jeanne Cummings at jcummings21@bloomberg.net
Reader Discussion Showing 5 Comment now
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SiDevilIam, 1 minute ago
One thing for sure, an astute businessman, as described by his campaign handlers, seeks more of the same.
Money.
I like that. Give him the job of a sweeper. You wouldn't see any money, anywhere. Only the crying babies and their irresponsible poor mamas not taking due responsibilities to find money to pay taxes, as Mitt Romney claims.
As I see his entire campaign being devoted to impress upon his wealthy donors his credentials to govern a cash strapped country going over the mandated sequestration cliff.
Watch your head, Mitt, you are going down where no amount of money can help.
An abyss.
...and I am Sid Harth@mysistereileen.com -
The Republicans are in the curious position of having to convince the country that it is in terrible shape, but it is not their fault. In fact, even though all the economic indicators are improving, Mitt has to argue that he could somehow do better, even though he would adopt the same terrible policies that W. did, which got us into this mess to begin with. But the Republicans can suspend belief on Taxes, Terrorism, Global Warming, Evolution, and a lot of other issues. So they are practiced in fairy tales, and some of them will believe it, but not enough to get Mitt elected.
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Double post, sorry.
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"Romney Delays Swing-State Visit to Woo Donors in California"
I'm sure his supporters all across the country, will understand why he never get's to their neighborhoods much if at all, and he spends so much time down there in the gated communities of La Jolla and Beverly Hills (and the likes).
And you have to admit, the weather is fabulous down there this time of year.
I'm sure his supporters understand it isn't about them, and all about the money.
They are very good supporters. -
"Romney Delays Swing-State Visit to Woo Donors in California"
I'm sure his supporters across the coutnry will understand why he never get's to their neighborhoods much if at all, and spends so much time down there in the gated communities of La Jolla and Beverly Hills (and the likes).
I'm sure his supporters understand it isn't about them, and all about the money.
They are very good supporters.
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I
am not so sure as the learned authors of this article. Responsibility
of governing the country, as in the case of the USA, comes to the
elected president, no matter who that person may be or what kind of
prior knowledge, experience he may have.
Barack Obama was a freshman
senator, not a foreign policy wonk. He fared pretty well, considering
his challenges at home and overseas. Conservatives don't like to admire
him for the reasons, mostly, as they say, "sour grapes."
Dan Senor
has failed miserably in his various attempts to prop up Mitt Romney as
an independent thinker. The total fiasco ensued. Mitt may rely heavily
on his advisers if elected but as the president he may require more than
advise.
He must convince the general population, including his
traditional foes, before he indulges in his foreign policy dreams.
Moreover, judging from his one track mind over Israel's Middle East
shenanigans threatening America in the middle of presidential elections,
he has almost eliminated his chances to become a Commander-in-Chief.
Given
very explosive current conditions in the Muslim world, which requires,
steady hand and lot of patience, Barack Obama seems to be an ideal White
House tenant.
The Devil you know is better than a Devil you don't know, as yet.
...and I am Sid Harth@mysistereileen.com
- Welcome, pollpundit
commentaries
Foreign policy makes 2012 campaign debut
- Article by: ERIC P. SCHWARTZ and LAWRENCE R. JACOBS
- Updated: September 22, 2012 - 5:24 PM
Obama has a record to suggest what he'd do. Romney is more of a mystery.
2011 photo of Chris Stevens.
Photo: Ben Curtis, Associated Press
The tragic killing of Chris Stevens (the U.S. ambassador to Libya), and the anti-American protests and violence in the Arab world and beyond, have raised a towering question: What will be the foreign policy of the next president?
The answer will have enormous impacts on Americans, but the issues can be confusing. Part of the reason is that the partisan philosophies that imprint most domestic issues do not easily apply to foreign policy. Here's a bewildering tidbit for domestic-policy wonks that further complicates the matter: Major approaches to foreign policy find influential advocates in both parties.
President Obama's views are hardly a secret. He is best described, based on four years of foreign policymaking, as a "liberal internationalist," characterized by a commitment to a rules-based international system with strong multilateral organizations, but also by a reluctance to act unilaterally in international affairs. The 2011 Libyan intervention is a case in point: Obama supported the use of military forces to save lives, but probably would not have done so without Arab League endorsement and U.N. Security Council authorization.
At the same time, and much to the consternation of some human-rights activists from both the Democratic and Republican parties, he has been skeptical about ambitious moral objectives for U.S. foreign policy, such as exporting democracy.
This tilt toward a traditional foreign-policy realism that defines security interests more narrowly is also evident in Obama's willingness to part with some members of his party and use drones to target Al-Qaida leaders, even if they are U.S. citizens.
The Obama worldview gives us a sense of how he'd respond to any number of current and future challenges. For instance, on Iranian efforts to build a nuclear weapon, Obama would be unlikely to attack Iranian facilities and go to war without strong multilateral support, and he would continue to exercise strong pressure on Israel not to act unilaterally. Even in the event of an international armed conflict with Iran, Obama would be very reluctant to pursue the ambitious regime change and nation-building effort that characterized U.S. engagement in Iraq.
Mitt Romney's worldviews aren't so clear.
While he has called for an American century of freedom, peace and prosperity and has accused Obama of not being tough enough on Iran and being too tough on Israel, his statements reveal little about underlying national-security perspectives that would enable us to predict his responses to future crises. And the matter is further confused by the fact that his closest foreign-policy advisers have radically differing views.
Robert Zoellick, the former World Bank president who has been named as head of Romney's national-security transition team, comes from the traditional realist wing of the Republican Party's foreign-policy establishment. Informed by Zoellick's perspectives, a Romney foreign policy toward Iran, China or Israel would not differ dramatically from what we might see in a second Obama administration.
On the other hand, most of the individuals who have been identified as key potential foreign-policy advisers around a President Romney see the world very differently than Zoellick does. Some, like former ambassador John Bolton, are Hobbesians, who believe the United States must act as an all-powerful Leviathan to respond to security threats in an international arena that philosopher Thomas Hobbes characterized as a "war of all against all."
Others, like Dan Senor, who served the Bush administration in Iraq, are neoconservatives, informed by a deep commitment to American exceptionalism and prepared to assert American civilian and military power to promote democracy. Both groups have often dismissed the role of international institutions and are comfortable with the unilateral application of U.S. military force.
If these latter advisers hold sway in a Romney administration, as they did under George W. Bush prior to the Iraq war, a Romney foreign policy will differ radically from the foreign policies of the past four years. In Iran, in North Korea, and in other crises yet to unfold, the United States will be much more likely to move on its own to deploy troops, with broad ambitions to pursue regime change and nation-building.
The stakes are huge, and Americans deserve to know that kind of foreign policies they are choosing when they cast their vote for president. The upcoming debates will provide Americans with the opportunity to scrutinize Obama's decisions and their implications for the future. More importantly, they will give Romney the chance to clarify just where he stands on critical issues of war and peace.
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Eric P. Schwartz is dean of the Humphrey School of Public Affairs at the University of Minnesota. He served as U.S. assistant secretary of state for population, refugees and migration between 2009 and 2011, and as special assistant to the president for national security affairs during the administration of Bill Clinton. Lawrence R. Jacobs is the Walter F. and Joan Mondale Chair for Political Studies and is the director of the Center for the Study of Politics and Governance at the Humphrey School and the Department of Political Science at the University of Minnesota.
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