The Mudcat Café TM
Thread #145669   Message #3374288
Posted By: GUEST,999
10-Jul-12 - 03:56 AM
Thread Name: BS: Romney - systemic liar
Subject: RE: BS: Romney - systemic liar
The following is from the same (or a same) article partly quoted by Saws. It is worth a VERY close read. It raises a few questions that could use a few answers. Please note that people who support Romney don't give a rat's ass where the money comes from, and it's even better when it comes from taxpayers, mostly because there is a visceral pleasure Republicans and other quasi-Conservatives get from a big ripoff. The Bush administration took great glee in having pulled off one of the largest bank robberies in American history and here we have people on deck rearranging ping pong tables of the Titanic.

Obama's choice was to let the USA seek protection behind Chapter 11 or feed the folks who were swimming in personal fortunes that make some States look to them with financial envy. Not much of a choice. And now we have Romney espousing the same thing. He deserves to be discounted (and likely will be at the polls), thus making his song and dance routine a waste of money. The day I trust any Republican about anything to do with taxpayers and money . . . .

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"RECOMMENDED: 10 things to know about Mitt Romney

Romney's six largest campaign contribution sources in 2011 were executives, family members and affiliated political action committees of Goldman Sachs, JPMorgan Chase, Morgan Stanley, Credit Suisse, Citigroup and Bank of America, according to the Center for Responsive Politics, a Washington, D.C.-based group that monitors campaign finances.

The center said that the leaders of the six Wall Street giants -- which were rescued from ruin by U.S. taxpayers about three years ago -- have given $1.8 million to the Romney campaign.

As for Obama, Goldman Sachs was the sole major financial firm ranked among his top 20 contribution sources for 2011, with gifts of just $64,000 compared with $496,000 to Romney.

As they line up behind Romney, banks and investment firms are being joined by a new generation of hedge fund and private equity managers with deep pockets.

They are backing the candidate who comes from their ranks -- Romney, a former private equity executive.

"The financial industry has preferred Romney from the beginning when he started his campaign," said Viveca Novak, spokesperson for the center. "He is of their world. They believe he understands them. So, not suprising they would favor him."'