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Sunday, April 24, 2011

$1 billion to win a campaign? What have we become?

Apparently President Obama has been throwing around fundraising goal figures for his 2012 re-election campaign. How much you might ask? Try 1 billion dollars. It almost sounds like something out of an Austin Powers movie, buts its the sad truth in todays political environment. Money wins elections. A recent article stated that the frenzy has begun amongst those looking for a bid in 2012, and on the republican side it is looking like a tough race to come. ( http://www.foxnews.com/politics/2011/04/24/gop-presidential-hopefuls-fundraising-frenzy/ )

The republican candidates are already including financing in their collection of arrows firing amongst the candidates. Donald Trump is already calling Mitt Romney out for being a "small business guy" and boasting in CNN's "State of
the Union" that he has a "much, much bigger net worth. I mean my net worth is many, many, many times Mitt Romney". (Full Story http://www.foxnews.com/politics/2011/04/17/trump-downplays-romney-small-business-guy-touts-personal-fortune/ )

Despite this financial David vs. Goliath, Mitt leads Trump 2 to one in recent polls. Romney is a household name now, and doesn't need to invest the face time and money to get recognition this time around. Obviously Trump is a household name as well, but he has to introduce to Americans why he is a good presidential candidate, and not just a good CEO. That's going to cost some money and should he decide to move forward with this idea in June, we will really start to see the money fly. One thing for sure: even a failed campaign will still have a significant return on investment for Mr. Trump, otherwise he wouldn't proceed with it!

For now, Mitt Romney can take a step back while freshman candidates like Donald Trump take the media spotlight and take the early rounds of media onslaught and bad press. Once all these greenies fall by the wayside, Mitt Romney can stay the course and win an election on conservative values, small government, a strong military, and a strong economy.

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