Mitt Romney, Harvard Business School grad and ace venture capitalist, has put a greenback spin on Sarah Palin’s signature call of “Don’t retreat, reload.’’
Romney, a former GOP presidential candidate who is said to be considering another run in 2012, has loaded the coffers of his political action committee with $1,447,228.70 in the first quarter of the year, according to a news release from his Free and Strong America PAC. That fund-raising far outpaces the efforts of two potential opponents in 2012: Minnesota Governor Tim Pawlenty, at $566,000, and Palin, at about $400,000.
Since leaving her post as governor of Alaska eight months ago, Palin has made millions of dollars in speeches and television deals, but most of that money was not funneled to her PAC, SarahPac. Palin spoke at a tea party rally on Boston Common yesterday.
Romney, who is on a cross-country tour in support of his best-selling book, “No Apology,’’ has a little more than $1 million remaining in his PAC. Affiliated PACs in the key presidential primary states of Iowa, New Hampshire, South Carolina, Michigan, and Alabama raised an additional $157,000 in the first quarter.
The former Massachusetts governor uses the PAC money to support Republican candidates for state and national offices across the country. Among the beneficiaries of his donations recently was Senator John McCain, his rival for the 2008 GOP nomination for president. A committee supporting McCain, who is in a tough primary battle with conservative J.D. Hayworth in Arizona, received $5,000 from Romney's PAC.
About Political Intelligence
Glen Johnson is Politics Editor at boston.com and lead blogger for "Political Intelligence." He moved to Massachusetts in the fourth grade, and has covered local, state, and national politics for over 25 years. E-mail him at email@example.com. Follow him on Twitter @globeglen.