Mitt's Money

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We learn today that Mitt Romney is burning through more of his own money on his presidential run than flat-taxer Steve Forbes did back in 1996 and 2000.

I think the lesson to draw from this has less to do with Mitt's millions, and more to do with how inured we've since become to the astronomical sums required to run for president. Forbes's expenditures seemed outrageous at the time — he was always accused of trying to "buy the White House."

But when Mitt spends $17 million of his own money over nine months to boost his campaign coffers to $62 million, and still has less money than Hillary had after six months... well, it's hard to accuse Mitt of doing anything more than keeping up with the Clintons.

And it's all the more amazing that Mike Huckabee, with only one million raised last quarter, is in third place in the latest Iowa polling.