With every passing day, campaign for the upcoming presidential election is getting intensified. Both the parties are putting their best to win support of the maximum number of financiers. The more a candidate can spend on his campaign in electronic and print media, the more the chances he has of bagging more votes. It comes as good news to the GOP as Casino mogulpledges $10 million for conservative groups expected to play a major role in the defeat of .
Adelson also supported the GOP candidate,, who dropped out of the presidential race last month. He donated $30 million for his campaign. Now, is the presidential candidate of the GOP; therefore, the business tycoon is supporting his campaign directly. The heavy flow of money to the Romney's presidential campaign has stirred many both in the GOP and Republican, as they feel the trend may damage the basic soul of democracy being practiced in the United States.
For the last couple of weeks, Mitt Romney has appeared to have boosted his image among the public. According to the latest reports on fundraising for the November election, Romney trounced President Barack Obama by collecting $ 16.8 million more in May. The statistics reveal that the Romney camp collected $ 76.8 million as compared to $ 60 million of Obama. The US presidential election is all about collection of money from different sources including electorates and then utilizing it for the campaign.
Both the candidates are spending millions of dollars on electronic and print media advertisements and also arranging special programs to debate policies on a number of issues. After the fundraising success, the Romney camp appears upbeat and hopes to trounce the president in overall fundraising campaign in the coming weeks and months.
It is also believed that a number of business tycoons are ready to invest on Romney, as they believe he has the potential to win the upcoming election. Definitely, the path of politics is not as easy to traverse as it is believed. Romney faces a number of questions on his personal wealth and his economic policy. Observers opine Romney has nothing substantial and wants to win the upcoming presidential election just with the help of his personal fortune and money collected in different fundraising campaigns. They also opine Romney is arrogant and has superficial knowledge about problems the people are faced with.