Quick takes on Willard ‘Mittens’ Romney

Posted by AzBlueMeanie:

I had the misfortune of tuning into "Morning Joe" Scarborough this morning, but it turned out to be "dump on Mitt Romney day." Why? Because vile wingnut Eric Erickson wrote a long primal scream about how the ideologically malleable Romney as the 2012 nominee will ensure an Obama second term and the agonizing death of conservatism. If only.

Since it is "dump on Mitt Romney day," Think Progress debuts 99 facts you don’t know about Mitt Romney, complete with links to pimary sources.

Then there is Romney's speech at the billionaire bastard Koch brothers' Americans for Prosperity last week at which Mitt Romney Promised to Raise Retirement Age, Privatize Medicare and Slash Government Jobs at Koch Brothers Event.

And when are the media villagers going to look into the Think Progress Investigation Exclusive: Romney Family Investment Group Partnered With Alleged Perpetrators Of $8 Billion Ponzi Scheme:

Mitt Romney, his son Tagg, and Romney’s chief fundraiser, Spencer Zwick, have extensive financial and political ties to three men who allegedly participated in an $8.5 billion Ponzi scheme. A few months after the Ponzi scheme collapsed, a firm financed by Mitt Romney and run by his son and chief fundraiser partnered with the three men and created a new “wealth management business” as a subsidiary.

* * *

In 2009, prosecutors announced charges against the Stanford Financial Group, which managed a portfolio of $8.5 billion, for running a “massive, ongoing fraud” against its investors. The Ponzi scheme bust was one of the largest in recent history, second only to Bernie Madoff, who perpetrated a fraud estimated to be around $17 billion. The Stanford Ponzi scheme wiped out the savings of thousands, including many American retirees across the country.

* * *

Launched in 2008 by Romney’s son Tagg and a few others, including Mitt Romney’s chief fundraiser Spencer Zwick, Solamere Capital is a “fund of funds,” meaning that it primarily invests in other investment companies, like private equity groups.  

Mitt Romney himself made a $10 million initial seed investment in Solamere Capital and his personal financial disclosure forms reveal that he has received between $100,000 and $1 million in returns from his stake in Solamere.

* * *

After news of the Ponzi scheme precipitated the collapse of Stanford in 2009, Tagg partnered with several of Stanford’s North Carolina executives to start a firm called Solamere Advisors. At least three prominent brokers who had worked for Stanford — Tim Bambauer, Deems May, and Brandon Phillips — joined Tagg to help run Solamere Advisors, a wealth management business located in Charlotte, North Carolina.

The Romney campaign and the Romney family investment company are deeply entwined.

This makes Herman Cain's campaign-finance law violations in corporate start up money from Prosperity USA for his campaign look like chump change. State firm's cash to Herman Cain may breach federal campaign, tax laws – JSOnline.

So why is Mittens getting a pass from the corporate media villagers? Does he have to sexually harrass someone to pique their prurient sexual interest? Deviants. Whatever happened to "follow the money"?

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