If what Fox Business News is reporting is true - i.e., that the big money donors are beginning to shift their money from the Romney/Ryan ticket to the GOP House and Senate races - it can only mean that the big money GOP fat cats see Romney/Ryan as dead meat and have concluded that they do not want to throw their money down a losing rat hole. It is perhaps too early to know if this report is true and I hope no one who sees the GOP as an obstacle to progress, but it seems to be encouraging. Here are some highlights from the Fox Business News article:
The Romney campaign is experiencing what some officials believe could be the beginning of a mass exodus of big money donors diverting their cash away from the Republican presidential hopeful and toward Republican candidates for the House and Senate races more likely to win in November, the FOX Business Network has learned.The trend isn’t at the acute stage, at least not yet, said one person with direct knowledge of the matter. This person, a major player in Romney’s New York fundraising circles, confirmed to FOX Business that a few New York donors have backed away from financial commitments to the Romney campaign and instead said they will spend their money to help the Republicans hold on to the House of Representatives, and pick up seats in the Senate.But another person with direct knowledge of the matter says the trend, though nascent, is more geographically broad based, and reflects an increasing degree of anxiety both with what they believe is the tentative nature of the Romney campaign, and recent poll numbers that show President Obama with a lead, particularly in key battleground states, that some Republican contributors are starting to believe is insurmountable.“This isn’t just a New York trend,” this person said. “It’s beginning to occur all over the place.” A spokeswoman for the Romney campaign said “many donors like to also donate to other candidates in addition to the support they have already given Gov. Romney.”One bright spot is that at least so far, the big donors that are moving away from Romney have not diverted their cash to President Obama, in attempt to cozy up to the administration during its second term, according to people inside the campaign.
“The debates will be very important,” said one person with knowledge of the matter. “If Romney does well that money could come back.”
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