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Clinton and Budgets

November 21st, 2006 · No Comments

http://www.nytimes.com/2006/11/21/us/politics/21donate.html?ei=5065&en=ec8012d7bc870ecb&ex=1164776400&partner=MYWAY&pagewanted=print

“Being fiscally responsible isn’t easy – and it’s not always popular – but it has its rewards. If we continue the hard work of reform, we can do even more for the people of Massachusetts,” said Romney.

Governor Mitt Romney, 06-03-2004 Press Release

And then this from Drudge:

WASHINGTON, Nov. 20 — She had only token opposition, but Senator Hillary Rodham Clinton still spent more on her re-election — upward of $30 million — than any other candidate for Senate this year. So where did all the money go?

It helped Mrs. Clinton win a margin of victory of more than 30 points. It helped her build a new set of campaign contributors. And it allowed her to begin assembling the nuts and bolts needed to run a presidential campaign.

But that was not all. Mrs. Clinton also bought more than $13,000 worth of flowers, mostly for fund-raising events and as thank-yous for donors. She laid out $27,000 for valet parking, paid as much as $800 in a single month in credit card interest and — above all — paid tens of thousands of dollars a month to an assortment of consultants and aides.

Throw in $17 million in advertising and fund-raising mailings, and what had been one of the most formidable war chests in politics was depleted to a level that leaves Mrs. Clinton with little financial advantage over her potential rivals for the 2008 Democratic presidential nomination — and perhaps even trailing some of them.

The campaign’s financial record has fueled some criticism among Democratic activists and prompted concern among Mrs. Clinton’s supporters, including complaints from some of her fund-raisers that her top aides exercised a lack of discipline.

The lady spends other people's money like it is going out of style. Contrast that to Mitt Romney, and the disciplined way that he cut excess spending from the Olympics, and as a Governor.

There are some great examples from his book that show how frugal he is, but I will have to post those later.

~~~Mike

Tags: 2008