Federal Politics

Published — July 12, 2011 Updated — May 19, 2014 at 12:19 pm ET

Mitt Romney to reward bundlers with “gold, silver and bronze”

Introduction

Scores of bundlers who have corralled at least $25,000 for Mitt Romney’s presidential campaign will be encouraged to raise much more with Olympic-style incentives at the Republican’s multimillion-dollar homes on Aug. 15 and Aug. 22.

The bicoastal bashes, which will feature barbeque meals at his Lake Winnipesaukee residence near Wolfeboro, N.H., and at his ocean-front property in La Jolla, Calif., are part of the campaign’s effort to reward big fundraisers who have joined its “Medalist Program.”

Romney, who ran the host committee for the 2002 Winter Olympic Games in Salt Lake, plans to use Olympic medal titles—gold, silver and bronze—to honor his biggest bundlers. The campaign has set fundraising goals for the bundlers of $50,000 to earn a bronze, $100,000 for silver and $250,000 to score the gold, according to a campaign document.

Romney raised $18.25 million in the second quarter, a total considerably lower than the $30 million to $50 million that some of his big fundraisers predicted earlier in the spring.

While Romney’s take wasn’t what his fundraisers hoped for, it still was way ahead of what his nearest rivals for the nomination have reported to date. Former Minnesota Gov. Tim Pawlenty’s campaign has said it raised just $4.2 million in the same three-month period.

Further, Romney’s campaign is expected to get a nice boost from the $12 million raised in the first six months of this year by a “super PAC,” Restore Our Future PAC, which has said publicly it is backing him for president. The PAC is being spearheaded by a few top aides from Romney’s abortive 2008 bid for the GOP nomination, including Carl Forti who was political director for that campaign. Unlike his presidential campaign, the PAC can accept unlimited donations but is barred from coordinating any activities with the campaign.

It’s unclear how many Romney bundlers have pulled in $25,000 each but fundraisers said it’s likely that each of the August bashes will draw over a hundred.

The two luxury homes where Romney will fete his fundraisers are the byproduct of his wealth, much of which came from his years at the private equity firm Bain Capital which he founded in 1984. Romney bought his house in Wolfeboro in 1997 before he was Massachusetts governor for a reported $3 million and a decade later the Boston Globe said the property–which had expanded to 11 acres– was worth $10 million.

Romney’s La Jolla spread next to the Pacific was purchased after his loss in 2008 for a reported $12 million. Located in La Jolla, in northern San Diego, Romney’s 3,000 square foot beach side home was once owned by actor Cliff Robertson. It is located in an area populated by a number of fellow Mormons.

Last year, Romney and his wife also bought a townhouse for almost $900,000 in Belmont, Mass., the same upscale suburban community where they raised their five children in another home. In 2009, they sold their first Belmont residence for $3.5 million.

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SOUTH JERSEYTed SiroisMark SullivanTom LarkinAnonymous Recent comment authors
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Mark Sullivan
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Mark Sullivan

Trump needs to conduct these activities because the entire MSM media, excluding Fox, is campaigning against him 24/7/365.

Didn’t Monica’s boyfriend’s wife and various criminal enterprises outspend Trump by almost 2-1?

CapitalistRoader
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CapitalistRoader

Why wouldn’t he get an early start on fund raising? Hillary outspent him two-to-one in 2016. The Dem’s are the party of big money. The President knows this and is attempting to get a jump on it. Of course the Dem candidate will outspend him in 2020 so it’s only rational that he starts fund raising now.

George Young
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George Young

Oh brother. We just 8 years of the Campaigner – in – Chief. Where was this journalistic rectal thermometer then. Just another article about 2000 words too long that merely takes another slap at Trump for something he far from initiated.

j stevenson
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j stevenson

The big difference between Trump and all the rest is his refusing to accept funds from lobbyists, so they don’t have the White House access they are used to. These are the donors who buy the presidency and are as pixxed off that he won the election as are the media and the Dems. Lobbyists have never been shut out of the WH and Trump has told them he is not for sale.

Anonymous
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Anonymous

Trump needs to be impeached and tossed in prison. Then have the key thrown away so he will never be free. Then he can see how it feels not to have freedom.

Mark Sullivan
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Mark Sullivan

Thank you for the usual insightful leftist low IQ Snowflake response.

barney
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hes not imprisoning them hes sending them back to their country chill tf out

SOUTH JERSEY
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SOUTH JERSEY

WHY DONT YOU HAVE FREEDOM?

Tom Larkin
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Tom Larkin

First, something positive. I was happy to learn of empirical information in article. BUT, the article was so slanted against President Trump as to be deemed fake news (“Perhaps Trump just lied.” (Two different issues)). The article mentions that President Trump raised over $67 million, but ended 2018 with $19 million. President Trump spent over $40 million 2016 and 2017. President Trump conducted 57 political rallies. The article notes the hats and T-shirts sold, but NEVER MENTIONS THE INCREASE IN THE NUMBER OF REPUBLICAN SENATORS during a mid-term election that lost the House and the number of political rallies in… Read more »

Ted Sirois
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Ted Sirois

At least Trump is getting donations from willing donors. Fresh from his first election, Obama used billions of our children’s tax dollars to save thousands of union jobs in the car industry and bailed out the banks and many Wall Street businesses. This secured his source of reelection funds for his reelection four years later.

South Jersey
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South Jersey

TRUMP 2020; IS AN AMAZINGLY SMART MAN! VERY ORIGINAL & CREATIVE. I AM HAPPY TO HAVE HIS AS POTUS.

SOUTH JERSEY
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SOUTH JERSEY

THIS ARTICLE WAS OBVIOUSLY WRITTEN BY, A TRUMP-HATE-GROUP. THAT FEELS; IT IS NOT NORMAL TO BE SUCCESSFUL WITH YOUR OWN BRAND NAME. WHEN, IF FACT, IT IS NORMAL! >>>>> THIS IS >>> FAKE NEWS!!! <<<< ie: A PACK-OF-LIES; SPUN INTO; DEFAMATION OF CHARACTER. FOR A SINISTER-AGENDA OF; FASCIST DEMOCRATIC SOCIALIST, COUP D'ETAT

David
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David

Are you on some kind of drugs? Writing in caps makes me think that you are grumpy old fart or a uneducated hillbilly.