In my opinion, when a man promises to do something and then does the exact opposite that makes him a Liar (and I make no apology for the Capital L). In 2007, Mitt Romney promised that his family trusts that hold his stock portfolio (you now the ones that make him able to claim he’s unemployed while raking in millions of dollars a year) would be divested of any shares in companies that conflicted with his party’s positions regarding China, Iran, stem cell research, etc. However, he never followed through on that pledge, and kept buying shares in companies and investments that conflicted with his promise as late as 2010, just before he launched his current Presidential run.
Now I don’t really care if some rich bastard that got that way by being a bastard and running companies into the ground for profit continues to be a bastard, because it’s difficult to change one’s essential nature. However, RMoney is running for the office of President of the United States, so if he makes a promise, one he could have easily kept, and then refuses to follow through on that promise until he needs to cover-up his failure to do so — well, most politicians lie at one time or another but Mittens seems to make a career out of it:
During his presidential campaign in 2007, Republican candidate Mitt Romney promised that a trust overseeing his financial portfolio would shed any investments that conflicted with GOP positions toward Iran, China, stem cell research and other issues. But Romney’s family trusts kept some of those stocks and repeatedly bought new investments in similar holdings as recently as 2010, when they were sold in advance of his latest White House campaign, a detailed review of Romney’s financial records by The Associated Press shows.
Recently disclosed 2010 tax returns for three family trust funds for Romney, his wife, Ann, and their adult children show scores of trades in such investments, worth more than $3 million when the holdings were all sold in 2010.
Now RMoney’s spokes-reptiles claim he had no idea what his “trusts were doing” and that, of course he had no control over them, and blah, blah, blah, various other “it’s not my job” excuses for not living up to his pledge, but if you believe that horsepuckey, well as the proverbial saying goes, I have a bridge in Brooklyn I can sell you (or Mitt’s family trusts do).
Seriously, divesting yourself of certain investments is not a difficult thing to do, even for a vulture capitalist and inveterate coupon-clipper (no, not the Supermarket coupons, the other ones). All he had to do was give express orders to his trustees to sell off those investments and not buy any more. But Mitt apparently was either so incompetent or so deceitful (I opt for the latter) that he couldn’t manage to accomplish even that:
“Financially, these would seem to be completely legitimate investments,” said Thomas B. Cooke, a professor of business law at Georgetown University and former president of the National Society of Tax Professionals. “But for someone running for president, there’s also a smell test.”
Yes, and the stink just keeps getting worse with each passing day. Imagine this guy in the White House. My guess is that he would make Dubya look like a piker when it comes to corruption and financial scandals, and that’s not an easy trick to pull off. Well, unless you are RMoney, that is. Then it’s just business as usual.
Hedge fund moguls and other high-flying capitalists dominate the top of a recently unveiled list of donors to a group supporting Mitt Romney’s bid for the presidency, a reflection of his years as head of Bain Capital as well as his probusiness approach to improving the economy.
Improving the economy for whom? Hedge Fund managers? Liars and tax cheats? Mitt’s family trusts? By the way, those are rhetorical questions.