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Blog: Angry Donors: Is This a Donation or an Investment?

One local's perspective on the post-election fallout.

The overarching theme of the wrath of Republican and Governor Romney donors is that they are upset by the loss. Governor Romney himself had to personally explain to his most generous and loyal donors why they didn't win.

Karl Rove continues to pontificate about how and why the Romney team lost to the Incumbent.

Donors from all over are upset because they feel like they were misled to believe that Romney was the clear winner.

At what point does your donation become something more than a donation? When does it become an investment?

I could easily say that if I donated money and my candidate lost that I would be upset that my money didn't result in a win. But that would be disingenuous because this is politics not business.  Politics always has winners and losers no matter how much you want someone to win.  In fact, the incumbent Senator from Missouri was on track to lose, yet people still donated to her campaign with the understanding that she could lose.

I don't think I've ever seen this kind of backlash around an election loss. These campaign contributors, especially to the Republican efforts, are supposed to be smart business men and women. They probably wouldn't do this in their actual businesses, why would they do this with politics?

Another argument, these same contributors and business people hold themselves in high regard as being savvy business people that know that a person like Romney, having a similar skill set as them, could turn this economy around.  After the donor debacle I personally doubt that assertion more than ever.

Don't get me wrong, investing in anything and taking a loss would be disheartening to anyone especially me! But politics has two choices winners and losers, there is no hedging of bets, there is no gray area, there is no breaking even. You know when you donate to the cause that the money given is gone, at least that is how it is supposed to work.

So I ask the question again, why are they so upset? Did they expect a return on their investment?  Hypothetically if Romney was elected instead of President Obama, how would these donors recoup their investment?  Special favors, reduced tax rates, favorable tax code?  I can only speculate since he didn't win.

Another factor at play is the ability for any one person to give unlimited amounts to what is known as Super PACs or Political Action Committees. This is one of the first times I've seen this level of fallout and I'm curious if there is a correlation to the huge sums given to PACs.

Just some thoughts and trying to put things in perspective.

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

ROBERT E. FISHBACK November 30, 2012 at 06:31 PM
DRR...I'm thinking about trying to raise my own "super pac" Would you be my campaign manager ?
Diana R Rising November 30, 2012 at 07:22 PM
Only if you want to lose--what are you going to run for? Mayor of Montrose? ;)
ROBERT E. FISHBACK November 30, 2012 at 09:48 PM
What I run for depends upon the size of the Super Pac. So far, the honchos for this site have been generous in that me allow to bring a new "flavor" here. In the main, this is site is about serious news and events, which I try to address, However, a little flavoring might not hurt....The Editors have generously allowed me a blog site name "The wonderful World of Make Believe" and I believe it is that venue that will answer your question. The title of my news item will be "The Tale of Two Cities" It will envolve time travel both back and future. The "two Cities are both Glendales and neither one like the other. A power unknown to men intervenes and decides to let one of the Glendales have Glendale. with the provision that a great wall will be built around Glendale. Then, the Glendaliens chosen can do with the new Glendale as they like. These evict offensive things and tear down all of the skyscrapers and rebuild the town like it was in the 50's.I think this is better served by moving this story to my other blog site called the writings of Bob. I will encorporate real people I have known and known of...Ms Charky will probably agree this belongs elsewhere. I will run for mayor of the old Glendale returned.....
Diana R Rising December 01, 2012 at 02:18 AM
I'll help you run for Mayor of Never-neverland Glendale. You are sure to win, since you are writing the story.
ROBERT E. FISHBACK December 01, 2012 at 07:48 PM
DRR....I have decided to put this on another blog site. It will take alot of time and thought. Of course there will be a science fiction aspect. I dont want to be mayor.

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