You have to be rich to run for the presidency. Guys like me, who keep their whole campaign cost below $5,000, know we aren’t going to win. We’re just trying to make statements about how the wealthy rule this country. Money talks in American politics. Always has. No surprise there.
The only GOP contenders the White House is worried about are Mitt Romney and Rick Perry. Why? That’s simple. They have the most money in their campaign coffers and it’s still flowing in. Super Pacs are embracing both men (Perry has the Tea Party nod) with millions of dollars supporting their campaigns.
Unfortunately for Bachmann, and the remainder of the GOP field, they just don’t have enough money to be taken seriously. Super Pacs aren’t falling all over themselves to hold hands with them.
Pundits are saying that Romney is going to be Obama’s opponent in 2012. They think he has more wealth than Perry. It’s probably pretty close. Word is the White House would love to see Perry as their competition. Apparently, his association with extreme right conservatives and the Tea Party, are seen as handicaps that Obama can take advantage of.
You have to wonder what Bachmann, who was the Iowa straw poll winner recently, is thinking as she sums up her situation. Two really rich guys with lots of Super Pac love are already marginalizing her campaign and she’s just started.
I leave you today with this quote from Warren Buffett, one of the richest men in the world:
“The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.”