Remember when some of the banksters who destroyed the world wide financial system demanded to receive their bonuses or they would show regulators where the bodies were buried?
Welcome to failing industry, #Romneyshambles LLC:
Mitt Romney’s campaign handed out $112,500 in bonuses to four of its top staffers, according to new disclosure records filed Thursday.
Richard Beeson, Romney’s national political director, received a $37,500 payment on Aug. 31, in addition to his monthly salary of $13,750, according to records filed with the Federal Election Commission.
In addition, campaign manager Matt Rhoades, policy advisor Lanhee Chen and communications director Gail Gitcho each received $25,000 payments on the same date, filings show. The trio are also paid at the same rate as Beeson, which works out to an annual equivalent of $165,000.
A Romney spokeswoman did not immediately respond to requests for comment on the payments Thursday.
The bonuses came the day after Romney formally accepted the Republican presidential nomination at the party’s convention in Tampa. Despite strong fundraising since May, new records show that the campaign was struggling badly for money in August because it had run low on primary funds and was unable to tap into contributions collected for the general election until after the nomination. Instead, the campaign borrowed $20 million.
A business model where a failing business is loaded up with debt which is in turn doled out in fees to senior staff before the whole thing comes crashing down around their ears? This is unheard of.
On the other hand, I approve of the bang-up job they are doing….





37 Comments
Support this site!
Subscribe to the newsletter
Advertise on Firedoglake
Send
us your tips
Make us your homepage
About TBogg
RSS/XML Feed
As a great man once
saidsang,“There’s no success like failure, and … failure’s no success at all.”
Time to bring Newt on board. Nobody runs a tight financial ship like Newt.
It’s obviously to keep the talent from leaving.
Well it’s just like all their other crony-capitalist pals. They all sit on each others’ Boards, and they all make sure that get platinum parachutes for when they run their companies into the ground and get fired.
It’s a feature, not a bug. Another version of wingnut welfare on parade.
I would give everything I own if a Callista/Willard sex tape showed up.
Willard: My gosh, this feels wonderful. What is this called?
Callista: Mmf, spork, ush cawd a blowjob.
Willard: But Ann told me those don’t exist.
Callista: It’s the only way Newt flies. Hey, try to get hard, okay?
Willard: Okay, I’ll think about money.
Most of these wingnuts make more money sitting on boards than other people do working. And when I say sit, yeah, they sit for a few minutes at a time and them adjourn to the cocktail lounge for more high jinks with their lady friends.
Ah, you mean the guy who gave us the term “Obamaneycare”? (Yupper, that was my former mulletard governor.)
Speaking of health care reform: The whole thing with Mittens is that his presence as the front-runner and eventual nominee meant that, no matter how hard the press tried to make it otherwise, health care reform could no longer be used by the Republicans as a bludgeon the way they used it in 2010.
Question: Does Newt dare step out on Calista? Or does she tell him to go see other women so she doesn’t have to let him touch her anymore?
Such a sex tape would be rated “G” for Gross.
I think his staff should double down on their current electoral strategy. It could easily lead to the biggest blow out in American history. (For Obama).
God, I love that picture so very, very much.
“Jump You Fuckers”, indeed.
Just got out my voter registration card to make sure I’m still registered. I’m all set. Dunno who I’m voting for yet but I know who it won’t be. Willard’s ongoing train wreck of gaffes may just put my state into contention.
This idiot shouldn’t be anywhere near the American economy.
I’d go with “PG” for “Prematurely Gross.”
I dread the inevitable Newt reality show. Maybe we’ll find out then.
My guess is she ties him up and makes him watch her with younger men, but I can’t prove that yet.
Yet.
I’m a blue-state voter living abroad, but goddamn I’m looking forward to casting a ballot for our Kenyan Usurper.
One thing I was sure of with this election was that Romney and the Republicans were going to be an endless money machine. If they really are hurting for cash, that is just shocking to me.
No matter how much cash you raise, you can always spend it faster. The Brylcreem budget alone must run into six figures.
They’re just an incentive for them to work harder on the presidential campaign. After all if Obama wins they’ll have to pay taxes on those bonuses so he can redistribute it to the 47% moochers.
Who could have imagined that running a campaign with Republican financial strategy would fail? Was there ever a better example that Romney is not rich because of superior business skills, but by the accident of birth?
Apparently all the $ arrayed against Obama ran into the Law of Diminishing Returns, where every new vote cost more than the last. Once the next vote costs the Republicans a million dollars, they’re out of the game.
Sounds like you, like me, aren’t in the mediashed of a swing state. I count my blessings.
Sometimes you need to bribe the rats not to leave the sinking ship.
The nice old Iowa lady next door spent time yesterday telling me that
A: Obama is just stupid
B: Michele wants to be a rock star
C: Michele is the reason schoolchildren all over the country are refusing their lunches
D: Social Security and Medicare are broke and will be eliminated by Obama within the next year or so
and on and on and on. How does she know? She heard it on teh teebee.
Very sad what Rmoney does to people.
A lefty guy I work with wore a “Vote 2012″ t-shirt yesterday and was told that was “inappropriate attire”.
No way I’m wearing a hoodie to work!
Well, Mitt’s lost Skynyrd.
http://wonkette.com/484726/lynyrd-skynyrd-latest-victims-of-obamas-thought-police#more-484726
No bonuses for you!
The Romney fail parade, coming soon to your town.
Exactly. They all scratch each others’ backs & make sure that they consolidate the money at the CEO & Board level. It’s a joke. Then they whiiiiine about how hard they “work.” Pull the other one.
In the leaked Mitthead video, there are other .01%ers whiiiining almightily about how “hard” they “work” and how they sometimes don’t see their families all week bc of having to be in other places to “work.”
Like: cry me a river, you greedy bastards. There’s LOADS of citizens (or, at least, until the economy was crashed by these greedy shitheads shenanigans) who are gone all week truly “working hard” to earn a paltry living for their families. Truck drivers spring immediately to mind, and I have several friends who are truckers. It’s a really tough job and often a lonely lifestyle.
But of course, the greedy .0001% bastards who leverage businesses into failure in order to rip off the workers probably are so high & mighty that they don’t even KNOW what a trucker is. Creeps.
Why anyone would worship the 1% is way beyond my comprehension.
I was looking on Youtube for one of my favorite scenes for the 1960′s movie, Dark at the Top of the Stairs. Robert Preston is talking to his henpecked brother-in-law in the living room but keeps overhearing bigotted sister-in-law, played by Eve Arden, spouting her views in another room. He finally stops talking, stands up, and yells, “You’re too stupid to live!” Anyway, what the “nice old Iowa lady” told you stimulated that reaction in me.
Youtube seems to have become less useful. I couldn’t find it.
A $37,500 bonus? How fucked up would the Rmoney campaign have to be in order for the “National political director”, to not earn a ‘bonus’?
Corporate efficiency on full display here too:
Top dollars for top talent producing efficient profits!
I remember the scene.
Silver’s now projecting Iowa for Obama at somewhere upwards of 70%. I’m afraid my neighbour’s just going to have to live with the disappointment of loss.
You guys are being too harsh. Normally, Mitt would’ve fired them all and hired child labor in Malaysia to do the work instead. However, that traditional Bain-esque approach polled poorly with focus groups in pre-test, so Mitt was urged to reconsider.
PSST — McMegan is at it again.
Why’re you trying to rile things up on a pleasant Friday afternoon?
Who?
Dammit, we’ve not heard from her in eons and I’d like to keep it that way.
Not getting out of the boat.
I was whispering, trying to get TBogg’s attention. He does SUCH a lovely job of flaying her… (espierce is right — stay in the boat for your own safety and sanity. McMegan has produced a truly noxious fever swamp.)
A commenter at the site where I was reading about it – SFGate, IIRC – was trying to argue that that flag had nothing whatever to do with slavery, nope, not at all.
Maybe they could replace the flag with an empty chair.