The $10,000 Bet Mitt Romney Will Want to Take Back

Mitt Romney is very wealthy. The Boston Globe pegged his net worth at somewhere between $190 million and $250 million. So it was probably a bad idea for him to respond to a challenge from Texas Gov. Rick Perry at Saturday’s GOP debate by offering to wager $10,000—more than a lot of Americans have in their savings accounts right now—that he had never supported a national individual mandate. Here’s video, via TPM:

To make matters worse, Romney didn’t just give President Obama grist for a campaign ad—he’d also lose the bet. Romney did, at least until recently, believe that his Massachusetts health care plan offered a model for the rest of the country.

Update: On further review, it’s not clear whether Romney would lose the bet, since he didn’t specifically call for a federal mandate in his (since-revised) book. But Perry’s right that Romney supports mandates on principle, and he has, in other forums, endorsed their implementation at the federal level.

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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