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Thursday Brief
Author: Raine    Date: 11/01/2012 13:06:36

The UAW is Filing Ethics Charges against Mitt Romney for his Auto Bailout Profiteering.
At a press conference in Toledo, Bob King, President of the United Automobile Workers, will announce that his union and Citizens for Responsibility and Ethics in Washington (CREW) have filed a formal complaint with the US Office of Government Ethics in Washington stating that Gov. Romney improperly hid a profit of $15.3 million to $115.0 million in Ann Romney's so-called "blind" trust.

The union chief says, "The American people have a right to know about Gov. Romney’s potential conflicts of interest, such as the profits his family made from the auto rescue,” “It’s time for Gov. Romney to disclose or divest.”
[snip]

According to ethics law expert Dan Curry who drafted the ethics complaint, Ann Romney does not have a federally-approved blind trust. An approved "blind" trust may not be used to hide a major investment which could be affected by Romney if he were to be elected President. Other groups joining the UAW and CREW include Public Citizen, the Service Employees International Union, Public Campaign, People for the American Way and The Social Equity Group.

President Obama's approved trust, for example, contains only highly-diversified mutual funds on which Presidential action can have little effect. By contrast, the auto bail-out provided a windfall of over 4,000% on one single Romney investment.

In 2009, Ann Romney partnered with her husband's key donor, billionaire Paul Singer, who secretly bought a controlling interest in Delphi Auto, the former GM auto parts division. Singer's hedge fund, Elliott Management, threatened to cut off GM's supply of steering columns unless GM and the government's TARP auto bail-out fund provided Delphi with huge payments. While the US treasury complained this was "extortion," the hedge funds received, ultimately, $12.9 billion in taxpayer subsidies.


I'll be back.
and
Raine
 

95 comments (Latest Comment: 11/01/2012 21:52:28 by Mondobubba)
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Comment by wickedpam on 11/01/2012 13:11:39
Morning


Busy day yesterday

Comment by TriSec on 11/01/2012 13:16:10
Morning, comrades.

Thanks Raine...I feel dirty now for just having read that.

Of all the right-wing tools in the world, Romney is the right-wing tooliest.


In other news, chemo wins this round. <-- dies.

I'm on the verge of breaking out my walking stick again. Some new things are keeping me up at night - haven't been sleeping well.

Comment by Mondobubba on 11/01/2012 13:26:59
Quote by TriSec:
Morning, comrades.

Thanks Raine...I feel dirty now for just having read that.

Of all the right-wing tools in the world, Romney is the right-wing tooliest.


In other news, chemo wins this round. <-- dies.

I'm on the verge of breaking out my walking stick again. Some new things are keeping me up at night - haven't been sleeping well.



Ugh. :toss gold lame cape over Tri's shoulders, helps him to his feet:

Comment by BobR on 11/01/2012 13:29:44

Here's hoping they aren't wearing Red Sox caps when they go...

Comment by TriSec on 11/01/2012 13:34:43



That's because he's a Governor instead of a perpetual candidate...


Comment by trojanrabbit on 11/01/2012 13:35:40
Quote by BobR:

Here's hoping they aren't wearing Red Sox caps when they go...

I think wearing Patriots caps would get a bigger rise out of them...
if they were Jests fans.

Comment by Raine on 11/01/2012 13:36:36
Love Ben Jealous!


Comment by Raine on 11/01/2012 13:37:11
Quote by TriSec:



That's because he's a Governor instead of a perpetual candidate...
Yes.




Comment by TriSec on 11/01/2012 13:39:04
BTW, there's not a good term for this, but I suppose my *appreciation* of Governor Christie has increased exponentially over the last few days.

It might be politically expedient for 2016 for him to do the right things this week...but he's doing the right things without making political hay out of it in the short term.

You're still a right-wing tool, governor....but that doesn't matter this week. Go save your state. How can we help?


Comment by TriSec on 11/01/2012 13:52:08
Dr. Maddow just mentioned people being rescued in Hoboken with their pets..."their very large pets".

We've not had a recurrence of the "Snowball" story from Katrina.....which still makes me have a little dusky eye just thinking about it.

Fuck George Bush.

Comment by Raine on 11/01/2012 13:56:50
In case you missed it, Romney Flipped flopped on FEMA -- Again?


"I believe that FEMA plays a key role in working with states and localities to prepare for and respond to natural disasters," Romney said in a statement supplied by his campaign Wednesday. "As president, I will ensure FEMA has the funding it needs to fulfill its mission, while directing maximum resources to the first responders who work tirelessly to help those in need, because states and localities are in the best position to get aid to the individuals and communities affected by natural disasters."

At a minimum, this is preferable to the candidate blowing off the question altogether. But the written statement from aides -- why Romney wouldn't say this out loud is unclear -- leaves key questions unanswered.

For example, why is it that Romney now believes FEMA should get "the funding it needs," but last year, he said "we cannot afford" to fully fund the agency? Other than the calendar, what's changed?



Comment by Raine on 11/01/2012 13:58:34
Quote by TriSec:
BTW, there's not a good term for this, but I suppose my *appreciation* of Governor Christie has increased exponentially over the last few days.

It might be politically expedient for 2016 for him to do the right things this week...but he's doing the right things without making political hay out of it in the short term.

You're still a right-wing tool, governor....but that doesn't matter this week. Go save your state. How can we help?
After watching video of him, I truly believe he was concerned about his state, and Yes, I do give him credit.

That man looks devastated over what happened in New Jersey.


Comment by Raine on 11/01/2012 14:17:11
Last night I wrote:
When I was growing up, I was taught to not lie.

When I did lie, my parents did not reward me. They told me my actions would have consequences.

When you go to the booth, do not reward a liar. Send a message to Mitt Romney that lies have consequences by not voting for him.

Liars should not be rewarded.
After some back and forth another friend wrote one of the most insightful, simple and precise things I have seen:
People don't vote for liars to reward them. They do it because they trust the liar more than they trust themselves.


I can't stop thinking about this statement.

Comment by Mondobubba on 11/01/2012 14:25:11
I saw something about the Romney-Delphi connection, interesting.

Comment by TriSec on 11/01/2012 14:26:08
TRMS - Romney on the Jeep plant.



Comment by Raine on 11/01/2012 14:28:51
I cannot confirm the authenticity of this.

I can conform that it authentically sounds like something Chris Christie would say:
https://pbs.twimg.com/media/A6ny_CcCAAI5ky5.jpg


Comment by Raine on 11/01/2012 14:30:28
Quote by Raine:
I cannot confirm the authenticity of this.

I can conform that it authentically sounds like something Chris Christie would say:
https://pbs.twimg.com/media/A6ny_CcCAAI5ky5.jpg
I have confirmed, Yes it is authentic.


Comment by Mondobubba on 11/01/2012 14:39:31
New slogan for the Romney-Ryan ticket: "Hey we make Nixon-Agnew look ethical"

Comment by wickedpam on 11/01/2012 14:44:06
I've answered a couple of robo-polls in the past few weeks - I like to mess with them a bit - last time I was a union worker/independant voter for Obama

Comment by Mondobubba on 11/01/2012 14:53:40
Quote by Raine:
Quote by Raine:
I cannot confirm the authenticity of this.

I can conform that it authentically sounds like something Chris Christie would say:
https://pbs.twimg.com/media/A6ny_CcCAAI5ky5.jpg
I have confirmed, Yes it is authentic.



I gotta say that his twitter feed has some humor to it. Plus his is squashing trolls.

Comment by Raine on 11/01/2012 15:07:22
Quote by Mondobubba:
Quote by Raine:
Quote by Raine:
I cannot confirm the authenticity of this.

I can conform that it authentically sounds like something Chris Christie would say:
https://pbs.twimg.com/media/A6ny_CcCAAI5ky5.jpg
I have confirmed, Yes it is authentic.



I gotta say that his twitter feed has some humor to it. Plus his is squashing trolls.
It's a fake account.

On the other hand, I love that it exists.


Comment by Raine on 11/01/2012 15:09:22
I would like to tell you that sometimes, I write epic smakdowns. This one was to a high school friend (he's married to one of my oldest and dearest friends) Do take a read?



Comment by Raine on 11/01/2012 15:10:22
Road Flare Mary is even more of the hook than usual.

Comment by wickedpam on 11/01/2012 15:16:04
Quote by Raine:
I would like to tell you that sometimes, I write epic smakdowns. This one was to a high school friend (he's married to one of my oldest and dearest friends) Do take a read?




nice I had to unfriend someone cause they wouldn't stop when they were told to.

Comment by wickedpam on 11/01/2012 15:16:26
Quote by Raine:
Road Flare Mary is even more of the hook than usual.



she's nuts

Comment by wickedpam on 11/01/2012 15:18:55
Comment by Raine on 11/01/2012 15:20:39
You have to email this in!

Beaver streetwalking!


Comment by Raine on 11/01/2012 15:21:24
OMG, that is right up the road from us! Beavers invading Pentagon city!

Comment by BobR on 11/01/2012 15:23:16
Quote by Raine:
OMG, that is right up the road from us! Beavers invading Pentagon city!

Take me down to Pentagon City
Where the beavers are wet and the girls are pretty...
Oh won't you please take me home....

Comment by wickedpam on 11/01/2012 15:25:07
Quote by Raine:
You have to email this in!

Beaver streetwalking!



do you know the email?

Comment by Raine on 11/01/2012 15:26:01
Quote by BobR:
Quote by Raine:
OMG, that is right up the road from us! Beavers invading Pentagon city!

Take me down to Pentagon City
Where the beavers are wet and the girls are pretty...
Oh won't you please take me home....
WELL DONE!


Comment by Raine on 11/01/2012 15:26:48
Quote by wickedpam:
Quote by Raine:
You have to email this in!

Beaver streetwalking!



do you know the email?
It's at the website. I'll check.



Comment by wickedpam on 11/01/2012 15:28:18
Quote by Raine:
Quote by wickedpam:
Quote by Raine:
You have to email this in!

Beaver streetwalking!



do you know the email?
It's at the website. I'll check.



found it


Comment by Raine on 11/01/2012 15:29:33
Comment by Mondobubba on 11/01/2012 15:32:23
Quote by BobR:
Quote by Raine:
OMG, that is right up the road from us! Beavers invading Pentagon city!

Take me down to Pentagon City
Where the beavers are wet and the girls are pretty...
Oh won't you please take me home....





Comment by trojanrabbit on 11/01/2012 15:49:03
Don't know if anyone's posted this one yet.



Comment by Mondobubba on 11/01/2012 15:52:42
Comment by TriSec on 11/01/2012 15:55:55
Don't read this if you're about to go to lunch.

I can't even type anything about this.



Comment by Raine on 11/01/2012 15:57:35
MALA! The beaver Stack made it!

Comment by Raine on 11/01/2012 16:02:54
Quote by Mondobubba:
Damn dust


Beautiful.

Comment by Raine on 11/01/2012 16:09:04
I love Bobber especially when he writes things like this:


Saying that "all politicians lie" is like saying going 56 in a 55 is the same as going 156, that slapping someone in the face is the same as beating them to a pulp, that going $10 over your limit on your credit card is the same as going $1000 over. Most rational people know better. False equivalency is a poor substitute for a rational argument.


Comment by TriSec on 11/01/2012 16:14:56
Just when you think the GOP can go no lower....
they find something else.



Comment by wickedpam on 11/01/2012 16:21:12
Quote by Raine:
MALA! The beaver Stack made it!



In the knick of time


Comment by TriSec on 11/01/2012 16:21:27
Oho....never mind Scott Brown....Romney has his fingers in the Compounding Pharmacy mess, too.


“In October 2004, the Massachusetts Board of Registration in Pharmacy, a state regulatory agency reporting to Gov. Romney, offered to let NECC enter into a consent agreement that would have acknowledged professional misconduct by NECC warranting disciplinary action, a public reprimand and three years probation.

But in a letter dated Nov. 11, 2004, Paul Cirel, an attorney for NECC, argued that such disciplinary action would be “potentially fatal” to NECC’s business. In a footnote, he asserted, “Once disclosed, the reprimand will surely result in investigations/inquiries/investigations in those other jurisdictions. Regardless of the derivative actions taken, the attendant legal and administrative costs will be devastating.”

The letter added that instead of having the state monitor the company, NECC would be willing to “bear the burden of cost and monitoring and reporting compliance” in exchange for a non-disciplinary resolution.

The Board of Registration subsequently dropped the reprimand. Meanwhile, in 2005, NECC was the subject of another complaint. Nevertheless, the Board of Registration went forward with a Consent Agreement that was, according to Oliver, “even more advantageous to the company than was requested by NECC.”




Comment by TriSec on 11/01/2012 16:26:38
And in other news, chemo also wins round 2 today. I am not interested in eating my apple. 1. It's going to hurt too much. 2. I just don't find it interesting today. (It's my second favorite fruit, after plums.)

That new side effect is gigantic, raging, mouth sores all over the side of my tongue. I'm lucky I can talk, nevermind eat, right now.



Comment by Raine on 11/01/2012 16:41:25
Quote by TriSec:
And in other news, chemo also wins round 2 today. I am not interested in eating my apple. 1. It's going to hurt too much. 2. I just don't find it interesting today. (It's my second favorite fruit, after plums.)

That new side effect is gigantic, raging, mouth sores all over the side of my tongue. I'm lucky I can talk, nevermind eat, right now.



Comment by TriSec on 11/01/2012 16:47:47
Mitt Romney 237.6
-9.6 since Oct. 24


Barack Obama 300.4
+9.6 since Oct. 24

Comment by Mondobubba on 11/01/2012 17:08:53
Quote by TriSec:
And in other news, chemo also wins round 2 today. I am not interested in eating my apple. 1. It's going to hurt too much. 2. I just don't find it interesting today. (It's my second favorite fruit, after plums.)

That new side effect is gigantic, raging, mouth sores all over the side of my tongue. I'm lucky I can talk, nevermind eat, right now.



As weird as it may sound I do enjoy you sharing the side effects.

As Kevin Smith said in a twitter pic to a fan/follower "Cancer sucks dick!"