Right. Mitt Romney didn't really quit the campaign for the GOP nomination for president. He only suspended it... kinda sorta.
Oh, where does one begin? Let's do McCain.
It seems McCain has run afoul of campaign finance legislation. When his campaign was on the ropes during the summer of 2007, he opted into a publicly-funded financing system. Once he had developed enough traction and there were enough campaign donations coming in, he wanted out. The primary reason for that is that it limits the cost of his campaign to $60 million and imposes strict fund-raising limitations.
There's no problem with opting out... as long as the candidate didn't take any of the public money, or take a loan based on the guarantee of public money. But it appears McCain did take out a $4 million loan using the public-funding guarantee. Lindsay has details, here and here. The most delicious part of the whole thing is that McCain was one of the authors of campaign finance reform legislation and now finds himself unable to live with it.
He's spent about $46 million already. If the US Federal Election Commission nails McCain he will be running a relative pauper's campaign against privately-funded juggernauts and will not be able to spend money until September.
Not to mention the fact that McCain is now dealing with something of a scandal.
So back to Romney. As Jeff explains, McCain's nearest competitor, Mike Huckabee has a problem with the split personality of the Republican party and doesn't stand much of a chance taking the nomination away from McCain with his over 900 delegates. Ron Paul is deeply despised within his own party and the "also rans" are busy rotating on their thumbs.
... the only candidates still in the race challenging St. John are Mike Huckabee, whose refusal to state that taxes are a tool of Satan and refusal to state that women aren't tools of Satan makes him a less-than-attractive candidate; Ron Paul, who's so deeply unpopular among rank-and-file Republicans that he could well lose his seat in the House in next Tuesday's Texas primary; and Alan Keyes, who is Alan Keyes.That leaves... Mitt! The ASPCA's dog delivery guru.
Josh Romney, one of former Gov. Mitt Romney's five sons, says it's "possible" his father may rejoin the race for the White House, as a vice presidential candidate or as the Republican Party's standard-bearer if the campaign of Sen. John McCain falters.Josh, being none other than one of the five brothers Romney who
So, Romney now appears poised to pull the tarp off the Mittmobile, put his sons back into kevlar boxer shorts and wait for the Republican party to gore itself from the inside out.
Honest Mitt. We want you back. Political death-watch on your own party becomes you... and there's no telling how much laughter we would get from this guy.
Cross posted from The Galloping Beaver