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The 2012 campaign will be remembered for the way billionaires like the Koch Brothers and Sheldon Adelson tried to buy the election for their friend Mitt Romney. It may also be remembered for the Republican Party putting up a billionaire as their candidate for president. A few years ago, conservatives all believed that Mitt Romney […] ↓ Read the rest of this entry…
Sunday on 60 Minutes, Mitt Romney reaffirmed that he believes it’s totally fair that he makes tens of millions of dollars in investment income a year and pays a pittance in taxes compared to what the rest of the country pays. Pelley: Now, you made on your investments, personally, about $20 million last year. And […] ↓ Read the rest of this entry…
In a thorough and well-documented article, Matt Taibbi unravels the cult of money that existed at Mitt Romney’s Bain Capital. With a lot of attitude and cutting metaphor, Taibbi exposes Romney’s political hypocrisy while lambasting the press for not pursuing the story of a man who “is one of the greatest and most irresponsible debt […] ↓ Read the rest of this entry…
Remember when Mitt Romney was talking about how little he paid in taxes and said this a month ago; “I don’t pay more than are legally due, and frankly if I had paid more than are legally due I don’t think I’d be qualified to become president.” It turns out that Mitt was accurately forecasting […] ↓ Read the rest of this entry…
You’ve heard the old expression, lies, lies and statistics. It’s the idea that you can use statistics to bend the truth to whatever you want. Mitt Romney tried to dump his tax records on the country yesterday, mainly to distract from the many foibles he’s been committing regularly, specifically the unfathomable comment that 47% of […] ↓ Read the rest of this entry…
After years of deregulation, lax oversight by the Bush administration, and failed Republican economic policies, the bill started to come due on September 7th, 2008. That’s the date when George W. Bush took over Fannie Mae and Freddie Mac. US President George Bush says mortgage giants Freddie Mac and Fannie Mae have been taken over […] ↓ Read the rest of this entry…
Accountants, lawyers, and tax specialists are befuddled at how Mitt Romney managed to accumulate a massive individual retirement account valued as high as $100 million. Mysteries also arise when one looks at Romney’s individual retirement account at Bain Capital. When Romney was there, from 1984 to 1999, taxpayers were allowed to put just $2,000 per […] ↓ Read the rest of this entry…
Mitt Romney has finally taken a stand! While he switches positions on just about every issue depending on his audience, he’s actually drawn a line in the sand on one issue, his tax returns. Bravo! You’ve got to start somewhere, I suppose. Unfortunately, it’s a losing issue. Romney wants to hide his tax returns from […] ↓ Read the rest of this entry…
The average American would have no trouble releasing their tax returns if they ran for president. It’s pretty straightforward, truck drivers, teachers, doctors, or salespeople don’t have anything to hide, they know how much they’ve earned. It seems that only those people who operate in the shadows, the drug dealers, black marketeers, tax evaders, pimps […] ↓ Read the rest of this entry…
It’s no secret which candidate billionaires favor the most. Hands down, it’s mega-millionaire Mitt Romney, a man who fights with all his heart for policies that favor the ultra-rich, a tiny group of people who just keep getting richer while America keeps getting poorer. Mitt Romney has found ways to keep his tax bill under […] ↓ Read the rest of this entry…
Mitt Romney has a lot of secrets. One of the things he keeps most private is his money. He won’t tell how much he has or how he made it, his tax returns are guarded like state secrets, and now we’ve learned that Romney keeps his money in multiple offshore bank accounts. Romney could be […] ↓ Read the rest of this entry…
I just finished reading Hugh Hewitt’s book, A Mormon in the White House? : 10 things every American should know about Mitt Romney. Not a great read, highly biased and probably completely inaccurate, nevertheless, Hewitt claims that Romney’s net worth is “in excess of a billion dollars.” Hewitt writes this a number of times in the book. […] ↓ Read the rest of this entry…
Mitt Romney earned 21.7 million dollars last year which isn’t bad for being unemployed. The shocking part of it is that he paid less taxes than just about everyone else in America. He certainly paid less than President Obama. The president paid 25 percent of his gross income in federal tax, compared to Romney’s 13.7 percent. […] ↓ Read the rest of this entry…
When it’s going to mega-millions Mitt Romney. Poor Mitt, hauling in over a third of a million dollars by giving a few speeches barely registers on his bank account. Maybe someone better pass around the collection basket, oh wait, he did earn millions just on the interest of his half billion dollar nest egg. One person calling Mitt […] ↓ Read the rest of this entry…
Legally no. But, increasingly, Americans are wary of the huge class division that has developed in America over the last twenty years. Pew Research has just released a new poll that shows the growing anxiety that Americans are feeling about the imbalance. …the issue of class conflict has captured a growing share of the national consciousness. […] ↓ Read the rest of this entry…
“We are drifting into a society where millionaires buy office, and it’s very dangerous,” the former speaker continued. “And I think when Mayor Bloomberg basically bought the mayorship, he drowned his potential opponents — he spent hundreds of dollars per vote. Now that’s just wrong.” The comment was evidently aimed at Romney, who has poured […] ↓ Read the rest of this entry…
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