Skip to comments.Romney defends investments, readies tax returns
Posted on 01/23/2012 7:19:50 PM PST by combat_boots
WASHINGTON (AP) Republican presidential candidate Mitt Romney has criticized rival Newt Gingrich for earning more than $1.6 million in consulting fees from Freddie Mac even though he has as much as $500,000 invested in the U.S.-backed lender and its sister entity, Fannie Mae.
A day before Romney planned to release his income tax returns, his old investments in two controversial government-backed housing lenders stirred up new questions at the same time his campaign targeted Gingrich for his work for Freddie Mac.
The dimensions and the sources of Romney's wealth, which he has estimated to be as much as $250 million, have become pivotal issues in the roiling GOP primary campaign. For months, Romney dismissed calls to release his personal income tax records. But after mounting criticism from his rivals and others, coupled with his stinging weekend loss to Gingrich in the South Carolina primary, Romney agreed to release his 2010 return and 2011 estimate.
(Excerpt) Read more at seattlepi.com ...
Romney is a liar. Gingrich's consulting firm may have had revenues of $1.6 Mn. That does not mean that Gingrich personally, was paid $1.6 Mn.
Exactly right and Newt was trying to make this argument when Mitt and the moderator cut him off. He was asking what Bain’s revenues were, so he could show that the company revenue is different than Mitt’s salary. I’m sure he’ll do this another time and make Mitt look like a fool.
I loved Newts comment when he said “Gov. Romney had done consulting work for many years, but I’ve never heard anyone yet say it was “lobbying”.
I was a college debater and even made it to national competition, but Newt would have whipped my butt!
Work for the AM
Listen to Mitt spewing his rhetoric today and someone in the crowd yelled: “don’t lobbyist have to be registered?”
Man did he stammer after that. You could almost hear him sweat.
Does this mean that Newt worked for Romney?
I have been considering a thread that articulates what conservative answers can be specifically. I am thinking about what to do realistically to solve the welfare issue, the urban, “I don’t work” issue, the education skills issue, and the manufacturing retooling. I am talking specifics. Perhaps by state?
We have a lot of leeches in this country who are feeding off the productive. It’s like watching hyenas going after prey on a “Wild Kingdom” episode. Or like “shark week.”
It comes to mind that those who read FR might be able to send the summarized thread results to other conservatives.
The Canada Free Press article cited in the comment below has been scrubbed. There are various mentions of it around the net. So far, I’m unable to find it.
Everyone needs to know more about Romney’s Bain Capital...and it’s connections to the left...and to Bilderberg...CFR and others!
America you have heard about the six degrees of separation well here is a great one on Mitt Romney and his associations with the CFR, Bilderberg and Trilateral members!
And one wonders where he is getting his money from?
IIRC you can go directly to the CFP website and communicate with them. Maybe they will send you a copy of the article.
Mitt Romneys communist connection Bain Capital
Most Americans probably are not intimately familiar with Huawei (pronounced Wa-way, as if Gilda Radner of Saturday Night Livefame were asked to pronounce the name). The companys founder, Ren Zhengfei is a former officer of the Peoples Liberation Army.
Tough to know what to make of that. When it comes to speaking with the press, Ren is a regular Greta Garbo. A mini-profile Forbes ran three years ago noted that many of Huaweis major customers are state-run businesses in China. And while Ren owns 1 percent of the company, the rest belongs to an unidentified union.
Meanwhile, Ren has gone about building Huawei into a success story disregarding the usual corporate niceties. In 2000the CIA accused Huaweiof secretly selling a communications system to Iraq. In the final report of the Iraq Survey Group, Huawei and two other Chinese companies were singled out for carrying out extensive work in and around Baghdadmainly telecommunication switches and the installation of fiber-optic cable.
Then in 2003, Cisco socked Huawei with a patent infringement lawsuit. Cisco claimed Huawei ripped off its intellectual property to make a lineup of routers and switches. Huawei denied the allegations though in the end caved.
But if at all possible, business doesnt let politics intrude. So it is that Friday we learned that Bain Capital is paying $2.2 BILLION to acquire 3Com. Part of the deal involves Chinas Huawei Technologies, which will acquire a minority stake in 3Com.
And, oh, by the way, Mitt Romney, the former Massachusetts governor running for the Republican presidential nominationhe headed Bain Capital for 14 years.
Six degrees of separation. In this case only 2but whos counting.
I wonder whether a future President Romney might have commented on Huawei figuring in a major U.S. tech acquisition. Im darned sure candidate Romney has since turned off his cell phone for an early start to the weekend.
The following are the overall donation numbers from employees of the big Wall Street banks and their wives
Mitt Romney: $813,300
Barack Obama: $198,874
Tim Pawlenty: $101,515
Rick Perry: $58,900
Jon Huntsman: $28,250
Ron Paul: $13,104
Herman Cain: $2,715
Michelle Bachmann: $1,500
Newt Gingrich: $1,250
These numbers paint a very disturbing picture. Even though Romneys poll numbers are in the mid to low 20s most of the time, employees of the big Wall Street banks gave him $813,300 during the first 9 months of this year and they only gave $105,719 to the rest of the Republican candidates combined.
Mitt Romney: $352,200
Barack Obama: $49,124
Tim Pawlenty: $25,000
Jon Huntsman: $6,750
Rick Perry: $5,500
Ron Paul: $2,500
Mitt Romney: $184,800
Tim Pawlenty: $41,715
Barack Obama: $28,225
Rick Perry: $20,750
Jon Huntsman: $9,750
Newt Gingrich: $1,000
Ron Paul: $1,000
Herman Cain: $500
Bank of America
Mitt Romney: $112,500
Barack Obama: $46,699
Tim Pawlenty: $12,750
Jon Huntsman: $4,250
Ron Paul: $3,451
Rick Perry: $2,600
Thad McCotter: $2,000
Herman Cain: $750
Michele Bachmann: $500
Newt Gingrich: $250
Mitt Romney: $107,250
Barack Obama: $38,039
Rick Perry: $27,050
Tim Pawlenty: $16,750
Jon Huntsman: $7,500
Ron Paul: $5,451
Mitt Romney: $56,550
Barack Obama: $36,887
Tim Pawlenty: $5,300
Rick Perry: $3,000
Herman Cain: $1,465
Michele Bachmann: $1,000
Ron Paul: $702
BREAKING => Montana State Supreme Court: Nullifies U.S. Supreme Courts 2010 Decision In Citizens United v. FEC.
Unlikely leader force behind rebirth of consulting firm
Austin American-Statesman - Friday, May 27, 1994
Author: Glenn Rifkin, NEW YORK TIMES SERVICE: AUSTIN AMERICAN-STATESMAN
Orit Gadiesh , a striking Israeli with purple hair, flamboyant jewelry and short black skirts, was elected chairman in July after a 17-year Bain career that marked her as one of the company's brightest, most inventive consultants in a profession dominated by aggressive young men with Ivy League MBAs.
Gadiesh , who refuses to give her age but who acquaintances say is in her early 40s, is an intuitive, straight-talking consultant who has a reputation for staring clients in the eye and delivering the news bluntly.
Those close to Bain, including Gadiesh herself, give the credit for Bain’s revival to W. Mitt Romney , a former Bain consultant who stepped in in 1990 at the behest of the company's partners to become chief executive and straighten things out. He has since left to try politics.
But Gadiesh (pronounced GUH-deesh) took on a visible role in holding the company together at its darkest hour. “Everybody looked to her to see what she would do,” said Keith Aspinall, a Bain partner.
POLITICS INSIDE OUT Joe K, Romney bear their crosses
Boston Herald (MA) - Sunday, September 18, 1994
Romney said when he left Bain and Co.to return to his own investment capital firm, his successor as board chair was Orit Gadiesh , “one of the most dynamic women I know.”
POLS & POLITICS
Boston Herald (MA) - Sunday, November 17, 2002
Two's company, three's a squeeze
They say three's a crowd, but hey, when you're hand-picked by the governor-elect to be jammed into a room, let's face it - you'll squeeze in. Here, Convention Center Authority Chairwoman Gloria Larson finds herself wedged between founding partner of Axxon Capital Sheryl Marshall, left, and Bain and Co. Chairwoman Orit Gadiesh at the Parker House announcement of Gov.-elect Mitt Romney ‘s transition team.
Particpant List 1992 - 2000
USA Gadiesh, Orit Chairman of the Board, Bain & Company Inc.
Sector: SERVICES / Advertising Agencies
59 Years Old
Orit Gadiesh, age 59: Non-executive director. Orit Gadiesh was appointed a director in April 2004. She is chairman of Bain & Company, Inc. and a world-renowned expert on management and corporate strategy. She holds an MBA from Harvard Business School and was a Baker Scholar. She is a member of the International Advisory Board at Haute Ecole Commerciale in France, as well as a member of the Foundation Board for the World Economic Forum and the Board of Directors of The Peres Institute for Peace. She is a member of the Council on Foreign Relations, and a trustee for Eisenhower Fellowships.
Interesting group ...
Council on Foreign Relations, “Improving U.S. Public Diplomacy”
Middle East Quarterly
Summer 2002, pp. 75-80
Task Force: Co-Chairs: Carla A. Hills, Richard C. Holbrooke. Project Director: Charles C. Boyd. Signatory Task Force Members: Stanley S. Arkin, Reginald Bartholomew, C. Fred Bergsten, Harold Brown, Edward P. Djerejian, Thomas E. Donilon, Kenneth M. Duberstein, Stuart E. Eizenstat, Martin S. Feldstein, Richard N. Foster, Orit B. Gadiesh, Newton L. Gingrich, Jamie S. Gorelick, Morton H. Halperin, Jerome Hauer, James A. Johnson, Elaine C. Kamarck, Andrew Kohut, Marie-Josée Kravis, Jessica T. Mathews, M. Ishaq Nadiri, Joseph S. Nye, Jr., Philip A. Odeen, Peter G. Peterson, Arthur Ross, Arthur Schlesinger Jr., Brent Scowcroft, John M. Shalikashvili, George Soros, Jessica E. Stern, Dick Thornburgh, Laura D’Andrea Tyson, Harold E. Varmus, William H. Webster, William F. Wechsler, Frank G. Wisner II, R. James Woolsey, Mona Yacoubian, James J. Zogby.
Looks like Maggie has found the link between Romney/Bain and Bilderberg....Guh-deesh
Does he want this information out? Do we?
Can you find a list of the politicians who received contributions from Mitt and compare it to the list who endorsed him?
Romney defends investments, readies tax returns
Looks like Maggie has found the link between Romney/Bain and Bilderberg
. . . . Article and # 7 , # 8.
Thanks hoosiermama. Good catch Maggie.
Fighter or Desperate? How Will Mitt Romneys Aggressive Attacks on Newt Gingrich Strike Florida Voters? Video 1/23/12
#10 11 12 are the most important ones
FYI to all:
Maggie: I did a search on Canada Free Press with search words: romney bilderberg bain
The following two articles are also scrubbed:
Green Cross International
Sep 26, 2011 ... Mitt Romney is the co-founder of Bain Capital, the candidate for the 2012 ... Relations (think tank), and a 2008 Bilderberg conference participant ...
How did Solyndra get a sweetheart interest rate? more corruption?
Sep 21, 2011 ... Mitt Romney is the co-founder of Bain Capital, and was the CEO for the ... Friends of Bilderberg (think tank), and a 2008 Bilderberg conference ...
Read the entire thread, pay particular attention to Mag and TW posts