Tuesday, January 31, 2012
Romney Buys Florida
Mittens spent some $20 per vote he received and according to reports only 0.1% of the money was spent on pro-Romney ads. Romney didn't win so much as he mugged Gingrich. At this rate, to take the White House, Romney will have to spend over $1.3 billion. (Hint: Invest in media stock.)
Florida has a history of selling its elections. In 2010, Rick Scott invested $85 million ($32 per vote) to buy the governor's office. In comparison, my state of California saw Meg Whitman sink over $177 million ($43 per vote) trying to become governor. She failed.
The record for spending goes to New York mayor Michael Bloomberg. In 2009, he spent $102 million ($174 per vote!) to buy the office. Over his three campaigns Bloomberg has spent over a quarter of a billion dollars. No individual anywhere has spent more money running for office.