Monday, April 27, 2009

Hobo Mittens Sells 2 Homes; Now Only Has 2 Homes

Still the best pic we can find

Famous Scientologist and failed presidential candidate Mitt Romney wants America to know he is a man of the people. He feels your pain and whatnot:


Newsmagazine trends come and go, but some irrefutable evidence has emerged to prove this one's for real: Renowned trendsetter Mitt Romney is doing without. According to the Belmont Citizen-Herald, he and his wife just sold their Boston home for $3.5 million—the second multimillion-dollar home they've sold in the past month. The Romneys began the year with four McMansions—in Massachusetts, Utah, California, and New Hampshire. Now they're making do with two.

...In the run-up to the 2008 primaries, Romney gave himself a conservative makeover, trading in the moderate stands he had been forced to assume to run for office in Massachusetts. This time, with his conservative credentials in order, he seems to be eyeing a different transformation—from master of the universe to man of the people.

Romney has always been the mood ring of the Republican Party, so the sell-off seems the perfect symbol of a broader movement among Republicans: They're downsizing! Demand is slack, and it's too soon to know when they'll find the bottom.

...when new owners buy a $5.25 million, 9,500-square-foot ski villa in Deer Valley, Utah, and a $3.5 million, 6,400-square-foot, 13-room home in Boston, is that a sign of the New Frugality—or proof that even in hard times, there is always New Money?

...The biggest question about Romney's downsizing, however, is more fundamental. Given his balance sheet, are the two McMansions he sold really the most urgent liabilities to shed? There's not much point bothering with one concession to political reality (that most voters can barely afford one home, let alone two or four) while continuing to deny a more important political reality: Most voters don't buy the conservative economic foundations on which Romney's political future is built.

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