Jonathan Martin links to this ABC News story, which points out that Mitt Romney has already spent more of his own money than Steve Forbes did in 1996 and 2000. ABC reports:
The article points out that similar attacks have not been launched against Romney, at least for now. Still, it’s likely that, as the election approaches, one of Romney’s opponents will make his fortune an issue. My understanding is that Romney is prepared to spend much more of his own money to win the party’s nomination. And he has every right to do so. The problem is that the United States’s absurd campaign finance laws give a considerable advantage to candidates who have a personal fortune. It would be yet another historical irony if John McCain were undone by the very cause (or causes) he did so much to champion. One should note, however: Money is important in politics. But it’s not decisively important. Forbes lost in 1996 and 2000. And now he’s advising this guy, to whom he can donate only $2,300 during the primaries.
