Romney: ‘I’m Not Concerned About the Very Poor’

Feb 1, 2012, 1:37 pm EDT

For those who see the former private-equity investor as hopeless out of touch with Americans in need, Mitt Romney’s latest comments will only add fuel to that fire.

In an interview with CNN‘s Soledad O’Brien, he had the following to say about the very poor:

“I’m in this race because I care about Americans. I’m not concerned about the very poor. We have a safety net there. If it needs repair, I’ll fix it. I’m not concerned about the very rich, they’re doing just fine. I’m concerned about the very heart of the America, the 90 percent, 95 percent of Americans who right now are struggling.” Read 

Barack’s ‘Bundlers’ Bring In Big Bucks

Feb 1, 2012, 12:48 pm EDT

While the Super PAC supporting President Barack Obama’s re-election campaign hasn’t quite hit the heights of Romney’s Super PAC yet, that doesn’t mean Obama is hurting for money. Obama has his own ace up his sleeve, in the former of “bundlers.”

What’s a bundler? Simply put, a bundler is someone who seeks out individuals to donate to a campaign. Because individuals are limited to donating a maximum of $2,500 per election to a federal candidate or his campaign commitee, bundlers work by taking advantage of community or personal connections to “bundle” up many individuals’ contributions to a campaign.

In documents released yesterday, the Obama campaign revealed it had increased the number of bundlers who had collected $50,000 or more over the last three months of 2011 from 351 to 445. Overall, bundlers brought in $74.4 million last year, over 30% of the campaign’s overall haul. Read 

Who’s Funding Romney’s Super PAC?

Feb 1, 2012, 10:28 am EDT
Who’s Funding Romney’s Super PAC?

How did Mitt Romney pay for the 5-1 advertising blitz in Florida that ended with a 14 point win in the Sunshine State? Well, technically, he didn’t pay for it. At least, not all of it.

A Super PAC aligned with Romney’s campaign raised $18 million in the last half of 2011 from just 200 donors, and just over $30 million throughout 2011. This Super PAC has spent $17 million so far on advertising in early primary states, helping Romney to decisive wins in New Hampshire and Florida and a near-win in Iowa.

But where did Romney’s Super PAC money come from? A New York Times interactive graphic with data from the Federal Election Commission reports that every Super PAC must file shines some light on the matter. Here are five of the most intriguing names giving big bucks to the campaign, along with the amount of their donation. Read 

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