Romney Charged w/ Ethics Violations Surrounding Windfall Profits from Auto Bailout

[MadMan1978]

CREW (Citizens for Responsibility and Ethics in Washington) and the United Auto Workers have filed a formal complaint with US Office of Government Ethics in Washington stating that Gov. Mitt Romney improperly hid a profit of $15.3 million to $115.0 million in Ann Romney’s so-called “blind” trust. The Romneys’ gigantic windfall was hidden inside an offshore corporation inside a limited partnership inside a trust which both concealed the gain and reduces taxes on it.

read More ....

I m going love what Romney Supports say on this one...

[pghin08]

He's not charged, he's accused.

Also, how is that gap so huge? That's a $100M discrepancy!

[shrewsbury]

so what was romney role in the bailout?

if he was the sole reason or one of the main reasons they received the bailout, then he should be busted, if not I am unsure how it would be unethical.

[MadMan1978]

Kurt had to cut the title was too long

read the whole story guys

[AUTaxMan]

He's not charged, he's accused.

Also, how is that gap so huge? That's a $100M discrepancy!

Looks like nothing more than late-season election politics.

[Wickabee]

Now that our resident Republican campaigner has weighed in, it looks to me like he's using a loophole to circumvent law.

[MadMan1978]

Looks like nothing more than late-season election politics.

Really?
wow thank god I guess all is forgiven!

[MadMan1978]

http://www.thenation.com/article/170644/mitt-romneys-bailout-bonanza#




that is some back ground on the first post ...very interesting

[duane1969]

So a liberal watchdog group and a union joined together to go after the Republican candidate...yeah, that sounds like it is going to be one seriously credible claim.

Next up!! A conservative rights group and the NRA request charges against Obama that are just as credible.

Just for point of reference, CREW is a hard-core liberal attack group. They put out a report every year called "CREWs Most Corrupt" and it list their opinion of the most corrupt politicians. Their list is ALWAYS biased to go after conservatives and only includes the most blatanly corrupt liberals. In 7 years of their report only twice has it had more Dems than Reps and over that 7 year period it has targeted 109 Republicans and only 45 Democrats.

[MadMan1978]

This is the exact thoughts i would here for the right wingers when their candidate would have let the auto industry fail and they then make millions from the bail outs of the auto industry. After which they then hid the fact they made money from that. I supplied another article to support the story. again more double standards....nothing more!