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U.S. Presidency: Cost versus benefit - 10/5/2007 8:46:57 PM   
SugarMyChurro


Posts: 1912
Joined: 4/26/2007
Status: offline 		"Romney Is His Own Biggest Donor"
http://www.huffingtonpost.com/2007/10/05/romney-is-his-own-biggest_n_67391.html

Romney is his presidential campaign's most generous supporter, lending $17.5 million from his personal fortune so far. His Republican rivals are bracing themselves for him to do it again. And again.

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Why would someone spend that much to attain a position that makes approx. $400K USD plus some bennies annually?

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RE: U.S. Presidency: Cost versus benefit - 10/5/2007 8:58:24 PM   
luckydog1


Posts: 2736
Joined: 1/16/2006
Status: offline 		You could ask ross perot?  Maybe he feels he is the right guy for the job, and wants to be president.  No one does it for the money.  How much of his wifes money did Kerry spend?

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RE: U.S. Presidency: Cost versus benefit - 10/5/2007 9:03:16 PM   
dcnovice


Posts: 37282
Joined: 8/2/2006
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quote:

Why would someone spend that much to attain a position that makes approx. $400K USD plus some bennies annually?


The house is kinda nice.

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RE: U.S. Presidency: Cost versus benefit - 10/5/2007 9:08:16 PM   
OrionTheWolf


Posts: 7803
Joined: 10/11/2006
Status: offline 		He unfortunately cannot find a small bungalow in LA, of people to donate $200,000 like Hillary can. Has anyone else been tracking the money going to all the candidates? Look to see where the big lobby groups are sending their money and who accepts their money gladly. Damn we need some campaign reform and oversight.

Orion

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RE: U.S. Presidency: Cost versus benefit - 10/5/2007 11:09:26 PM   
TheHeretic


Posts: 19100
Joined: 3/25/2007
From: California, USA
Status: offline 		       Power.

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RE: U.S. Presidency: Cost versus benefit - 10/6/2007 12:15:56 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline 		I say once someone becomes a viable candidate give them $5 million from the treasury and that's all they can spend.
"Spend it wisely."
The thing about Mitt Romney is that it's almost impossible to dig up any dirt on him!
He doesn't even drink coffee or tea, forget ever having a drink.
And he's "in love" with his wife of 38 years.
And, he's a self made multi-millionaire with a degree from Harvard.
And look at the fantastic turnaround he did with the Olympics.
If it's him against Clinton all he has to say is, "Vince Foster."

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RE: U.S. Presidency: Cost versus benefit - 10/6/2007 12:31:33 AM   
meatcleaver


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quote:

ORIGINAL: SugarMyChurro

Why would someone spend that much to attain a position that makes approx. $400K USD plus some bennies annually?




If you have everything, what better present can you buy for yourself than the presidency? It's a big power kick, especially if you get the office without being bought by special interest groups. It's the ultimate ego trip.

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RE: U.S. Presidency: Cost versus benefit - 10/6/2007 4:27:01 AM   
SugarMyChurro


Posts: 1912
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quote:

ORIGINAL: meatcleaver
If you have everything, what better present can you buy for yourself than the presidency? It's a big power kick, especially if you get the office without being bought by special interest groups. It's the ultimate ego trip.


From the standpoint of general perception maybe that's true.

Constitutionally, the power of the presidency is supposed to be well checked by the judiciary and the legislature.

Post-constitutionally, it's a great position for a corrupt S.O.B. who is going to give and get plenty of favors and make more money than god offshore in the meanwhile.

I find it worrying that no one stateside seems to consider the amount of money that is spent on getting someone the job. It obviously means far more than meets the eye and I personally think it means far more than can be legally tracked.


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RE: U.S. Presidency: Cost versus benefit - 10/6/2007 4:37:10 AM   
Politesub53


Posts: 14862
Joined: 5/7/2007
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quote:

ORIGINAL: SugarMyChurro

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Why would someone spend that much to attain a position that makes approx. $400K USD plus some bennies annually?




Firstly i found it interesting that he is "Lending" the money from his own funds. This indicates he hopes to reclaim it from his campaign funds at some stage. The benfits for making money outside of his office are vast. Mrs Blair did very well using her husbands name in addition to her own skills and earned fortunes as a speaker. Now both Mr and Mrs Blair are having a book published, his alone is said to be worth a £10 Million deal. Factor into that all the directorships he will be invited to take up, once he leaves office, plus the benefits to any existing businesses that he has going, and the cash soon mounts up.

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RE: U.S. Presidency: Cost versus benefit - 10/6/2007 5:16:36 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		nope- if he contributes too much he cant take public money..somehting like that.

think of Kerry- his wife connected to Heinz- he was unable to use that money from his wife

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