Presidential candidate Mitt Romney announced today that he is tearing down his current 2-bedroom house in La Jolla, California and building an 11,000 square foot mansion. Since the current 2-bedroom has an estimated value of $12 million dollars, many critics are raising their eyebrows at such a show of wealth in these hard times.
The cost of such an undertaking raised the obvious question by the media of what exactly was Mitt’s net worth. A spokesperson said that Mitt estimated it somewhere “between $190 million and $250 million.”
Now, personally I have no problem with Mitt building a MacMansion on the Pacific shores. Hell, it’s his money, let the guy build a 40,000 SF house if he wants. What I do have a problem with is the fact that he can’t figure out how much he’s worth. I certainly don’t expect him to know to the penny or even the closest 100 thousand. Or maybe a million or two. But he’s not even close! Somewhere between $190 million and $250 million??? That’s a bleeping $60 million dollar spread!! This is a guy who claims to be a business man?? Going to cure our debt problem?? What Mitt…you going to bring it down to somewhere between $5 trillion and $24 trillion?? Give or take??
I love you Mitt, but maybe you better call me when you get a better handle on your finances. The Federal buget could be just a tad more challenging.