Mitt Romney WIll Eat $45 Million In Campaign Loans

Mitt Romney, whose prospects to be John McCain�s running mate appear on the rise, is preparing to formally declare he will not seek donations to repay $45 million in personal loans he made to his failed presidential bid � the biggest ever made by a candidate in a primary campaign.

The move could clear away the last remnants of a divisive primary race, insuring that he and his financial supporters are focused on helping McCain, but it could also put him at odds with McCain�s campaign reform message.

Read the whole story here.

Comments

[Teritt]

Remember when he said Obama never ran anything before - had no 'business' experience? Well, would you look at what his GOP economic strategy did for his own bottom line? I'd like to remind Mitt and his followers that Obama raised enormous sums of money, and Romney & Mr. "$50 Million dollars for one delegate" Guiliani were all in the red. We're living with the results of Republican economics - I'm glad to see it pinched them a little too.

[Buddly]

I hope he saves space after all that for desert fellow GOPers are serving little children and he would not want to miss that

[scorpioleidy]

If he can eat $45 million, then certainly HRC can eat $30 million ... (she & Slick Willie can afford it!)!!!

[cynicism101]

Wow - So he's just going to eat the loss? I thought the acceptable and proper thing to do was beg the person you lost to and have them pay it back to you?

[SaddieMcCall]

He got into a lot of debt in a very short period of time.

[chriss0114]

He must not be able to raise the money.

So, it seems he will use that to score points to get the VP spot.

[chriss0114]

Must be having a problem raising it so he is trying to look good and possibly score points for buying the VP spot

[JohnFromCensornati]

Don't mormons believe that the P0pe is a N@zi?

[EdRocktober]

That's not a Morman only assesment

[gintheb]

Bon apetite. Take a cue Hillary.

[rtnd22]

And he is the one with the suppossed business sense...ooookkkay

[BADEN]

It's like gambling.
He can write off the losses on his taxes.
What a game.
What a hand.
What a......

[whiteboyblues]

Can we watch him eat the money?

[nonconformist2]

45 million buys a lot of magic underwear.

[bosshogg]

he just bought a 25 million dollar estate he will be ok.............. elitist

[kellygrrrl]

ticket price for cruise on The Titanic