“At a press conference in Toledo, Bob King, President of the United Automobile Workers (UAW), will announce that his union and Citizens for Responsibility and Ethics in Washington (CREW) have filed a formal complaint with the US Office of Government Ethics in Washington stating that Gov. Romney improperly hid a profit of $15.3 million to $115.0 million in Ann Romney’s so-called “blind” trust.”
The article, “UAW Files Charges Against Romney on his Auto Bail-out Profiteering,” with the above statement was written by Greg Palast, Investigative Reporter, and published online on October 31st (Happy Halloween, Mittens!). I actually read some of this last night and so wanted to scream it all over the internet. But I am not familiar the Palast and it just seemed to good to be true. The main stream media still has not said anything, But then, would they…? So today I poked around and I’m fairly confident that Palast’s findings are legit.
The Nation actually published the precursor to yesterday’s article, also written by Palast, called, “Mitt Romney’s Bailout Bonanza.”
This publishing starts out:
“… Romney has done a good job of concealing, until now, the fact that he and his wife, Ann, personally gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion. Their gains, and the Romneys’, were astronomical—more than 3,000 percent on their investment.”
Back in August I mentioned in one of my postings that the blind trust balances on the 2010 tax returns didn’t make sense. Nothing illegal with what I saw, but just not what I expected to see. And that was Mitt having a blind trust in the amount of $377,227 and Ann’s blind trust was $3,008,710. Now before anyone jumps to a women’s defense – especially against me as I am very pro-equal rights for women – this type of balance is odd for the Romney’s. Again, not illegal, just odd. Mitt was the sole earner of their income. And, as you know, they’re Mormon. The Mormon religion still believes traditionally that women are inferior to men, and that women are to stay home, have children, and take care of the the house and kids. Just like June Cleaver. Other than Ann’s personal spending money, which I have a feeling that Mitt is more lenient with allowing Ann to have a larger allowance than some of his even stricter Mormon peers, Ann should NOT have that amount of money in her blind trust – especially when it is nearly 10 times more than Mitt’s.
Just doesn’t make sense.
And now it appears that the explanation has been revealed – ohhh, I hope so. It’s all very complicated and I’m not going to pretend I understand everything, because I don’t. I’m not a rich and have never dealt with investments at this level – the true 1%. The Nation’s article is very detailed, but in AlterNet, you may read a more comprehensive explanation that Palast gave Amy Goodman, from Democracy Now!, in an interview just last month called, “Mitt Romney’s Bailout Bonanza: How He Made Millions from the Rescue of Detroit“. Greg starts it out with, “… it’s one of the creepiest stories I’ve investigated in a long time.”
The Romney’s staunch refusal to make public their tax returns is what set this momentum in place. People only hide what they don’t want you to know. Romney is a braggart and loves to boast and talk about himself. Therefore if he is keeping something secret, it’s not the Tooth Fairy.
Is anything going to happen between now and next Tuesday? Probably not. The RNP would have to eat some major crow. I just hope that some people who plan on voting for Romney realize before it’s too late that he’s a psychopath whose current goal is to be the one listed in the history books as the President who wiped out the deficit – because he sold everything off and privatized it. Mitt and his cronies will all make off like bandits with our money, laughing all the way to their offshore accounts. Yes… our money. Romney must be stopped.
Vote Obama. Hell, vote Gary Johnson, vote Jill Stein. Write your own name in. But please, do not vote for this corrupted pathetic excuse of a man.
Related Articles — Check these out for more details
AlterNet: Greg Palast: “Mitt Romney’s Bailout Bonanza: How He Made Millions from the Rescue of Detroit”
The Nation: Mitt Romney’s Bailout Bonanza
Greg Palast: UAW Files Charges Against Romney on his Auto Bail-out Profiteering
Democratic Underground discussion threads #1 and #2