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For Mitt Romney, it's one scary Halloween. The Presidential candidate has just learned that tomorrow afternoon (November 1) he will be charged by the United Automobile Workers (UAW) and other public interest groups with violating the federal ethics in government law by improperly concealing his multi-million dollar windfall from the auto industry bailout.
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. Romneys potential conflicts of interest, such as the profits his family made from the auto rescue. Its time for Gov. Romney to disclose or divest.
While Romney was opposing the rescue of one of the nations most important manufacturing sectors, he was building his fortunes with his Delphi investor group, making his fortunes off the misfortunes of others, King added.
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.
Greg Palast: UAW Charges Romney With Profiteering From Auto Bailout
Exclusive: Greg Palast for BuzzFlash at Truthout
Toledo, Ohio - Wednesday Evening October 31, 2012
For Mitt Romney, it's one scary Halloween. The Presidential candidate has just learned that tomorrow afternoon (November 1) he will be charged by the United Automobile Workers (UAW) and other public interest groups with violating the federal ethics in government law by improperly concealing his multi-million dollar windfall from the auto industry bailout.
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. Romneys potential conflicts of interest, such as the profits his family made from the auto rescue. Its time for Gov. Romney to disclose or divest.
While Romney was opposing the rescue of one of the nations most important manufacturing sectors, he was building his fortunes with his Delphi investor group, making his fortunes off the misfortunes of others, King added.
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.
Oh noes! Does this mean Romney's going to lose his Union support?
Romney did a lot of illegal things with his finances.
Greg Palast: UAW Charges Romney With Profiteering From Auto Bailout
Exclusive: Greg Palast for BuzzFlash at Truthout
Toledo, Ohio - Wednesday Evening October 31, 2012
For Mitt Romney, it's one scary Halloween. The Presidential candidate has just learned that tomorrow afternoon (November 1) he will be charged by the United Automobile Workers (UAW) and other public interest groups with violating the federal ethics in government law by improperly concealing his multi-million dollar windfall from the auto industry bailout.
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. Romneys potential conflicts of interest, such as the profits his family made from the auto rescue. Its time for Gov. Romney to disclose or divest.
While Romney was opposing the rescue of one of the nations most important manufacturing sectors, he was building his fortunes with his Delphi investor group, making his fortunes off the misfortunes of others, King added.
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.
Romney did a lot of illegal things with his finances.
Romney did a lot of illegal things with his finances.
You wouldn't know it from the way Paul Ryan has been championing retired non-union workers of Delphi Auto, but his potential boss Mitt Romney made a mint off of a hedge fund investment that sent most of Delphi's job overseas and hedge fund principals who blackmailed the government into a huge payoff.
Greg Palast has detailed the ugly story on Truthout (reposted from the Nation). It is also the topic of a United Automobile Workers' (UAW) news conference in Toledo, Ohio, today, as exclusively revealed in a BuzzFlash at Truthout piece by Palast, "UAW Charges Romney With Profiteering From Auto Bailout."
Ryan is claiming to be upset that former non-union Delphi workers are not getting full pensions, which is grotesquely ironic considering Romney made a career of pension destruction that was part of his vulture capitalism formula. Remember also that -- which is Palast's point about Delphi -- the Romneys are still earning more than some 20 million a year in their "retirement" based in large part on investments in firms that cannibalize industry and workers.
Romney's likely multi-million dollar profit is hidden in Ann Romney's so-called "blind trust." In 1994, when Romney ran unsuccessfully against Ted Kennedy for the Senate, Mitt declared: The blind trust is an age-old ruse.
You wouldn't know it from the way Paul Ryan has been championing retired non-union workers of Delphi Auto, but his potential boss Mitt Romney made a mint off of a hedge fund investment that sent most of Delphi's job overseas and hedge fund principals who blackmailed the government into a huge payoff.
Greg Palast has detailed the ugly story on Truthout (reposted from the Nation). It is also the topic of a United Automobile Workers' (UAW) news conference in Toledo, Ohio, today, as exclusively revealed in a BuzzFlash at Truthout piece by Palast, "UAW Charges Romney With Profiteering From Auto Bailout."
Ryan is claiming to be upset that former non-union Delphi workers are not getting full pensions, which is grotesquely ironic considering Romney made a career of pension destruction that was part of his vulture capitalism formula. Remember also that -- which is Palast's point about Delphi -- the Romneys are still earning more than some 20 million a year in their "retirement" based in large part on investments in firms that cannibalize industry and workers.
Romney's likely multi-million dollar profit is hidden in Ann Romney's so-called "blind trust." In 1994, when Romney ran unsuccessfully against Ted Kennedy for the Senate, Mitt declared: The blind trust is an age-old ruse.
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