Romney on $374K Speech Fees: 'Not Very Much'
Romney fumbles common touch again
By Rob Quinn, Newser Staff
Posted Jan 18, 2012 5:40 AM CST
"I got a little bit of income from my book, but I gave that all away," Romney said. "Then, I get speakers fees from time to time, but not very much."   (AP Photo/LM Otero)

(Newser) – Mitt Romney is taking flak for a gaffe 37 times bigger than his bet with Rick Perry. The candidate, while discussing the possibility of releasing his tax returns, mentioned that his income includes "speakers fees from time to time, but not very much." Financial disclosure forms reveal that from February 2010 to February 2011, Romney's "not very much" came to a total of $374,327, the Huffington Post reports.

Romney's speaking fees from companies like Goldentree Asset Management add up to 7.2 times the median household income in the US, notes Slate. And the candidate's repeated failures to show a common touch are beginning to cause a major image problem, Romney-watching political scientist Dean Spiliotes tells the Los Angeles Times. "When people look at a president, they want to know: Does this person understand my life and what I'm facing?" Spiliotes says. "People want to know somebody can identify with them in their struggles."

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Showing 3 of 182 comments
Stangg
Jan 18, 2012 8:54 PM CST
375k is NOT a lot money when you consider the fact that his estimated net worth is around 250 million dollars. So when he said that the speaking fees he earned weren't very much... they really weren't when you consider his total income. This is just another example of liberals trying to force something that obviously isn't there.
OuttaHere
Jan 18, 2012 3:47 PM CST
So is the almost $375k ordinary income? Bet not. Probably carried interest.
b1izzard
Jan 18, 2012 2:27 PM CST
How many of you were upset by the amount of money Senator Kerry made? He was the richest man to ever run.