Fundraising Alert on Romney

Regular readers of American DeTocqueville will recall this site's general distaste for the Mitt Romney campaign. And it's not because he's a Mormon. It's because he's a CEO who is more determined to win the presidency than to stand for his true convictions (and we don't know what those would be, because the Mitt is too busy changing his stance to appeal to the conservative base or the his state's population, depending on in which election he's currently running). Insert perfect hair joke here.

But wait! News from this week brings a whisper of potency from Camp Mitt in the form of $21 mil in campaign contributions, which surpassed John McCain's paltry $12 big ones. And that will get you a lot of funny underware. Apologies for cheap-shot Mormon joke.

At this time, DeTocque would like to make a bold prediction: this cold, hard, cash will get Mitt nowhere unless he uses it to take the bus. Based on the article linked above from the Politico.com, a good chunk of Mitt's funding comes from a Political Action Committee called Eagle PAC. While avoiding direct statements or obvious linkages to the Church of Later-Day Saints, Eagle PAC is essentially a fundraising bully to support Mormon candidates. Problem is, there really aren't that many Mormons, and DeTocque surmises that the politically active ones have already donated large sums. That's all they're willing to turn out their pockets for (and thus risk exposing their funny underware. Sorry again, can't help it).

Compare this with Barack Obama's cash haul, and Mitt is really in trouble. Barack is beginning to cultive a 100,000-strong base, small-donation, fundraising army, which is already giving him tons of cash. Mitt has a small base, large-donation, one-trick pony. Obama's people are nationwide and probably willing to put signs in their front yard. No one will see a Romney sign this side of the Great Salt Lake.

Romney might stick around through a primary or two because he can continue to pay his staff, but his donations might not have much staying power if all that cash doesn't produce a slow, steady uptick in his poll numbers.