Posts Tagged ‘Republicans’
Posted in Armed Revolution, Calls for Armed Revolution Against Obama, Charles Koch, David Koch, Koch Brothers, Koch Dollars, Koch Industries, Kochtopus, tagged Armed Revolution, Calls for Armed Revolution Against Obama, Charles and David Koch, Koch brothers, Koch Brothers Exposed, Koch Dollars, Koch’s political giving, Kochtopus, Obama, President Obama, Republicans on May 4, 2013| 1 Comment »
By: RmuseMay. 3rd, 2013
The concept of America as a representative democracy has worked relatively well for over 2 centuries, and it is ultimately superior to other forms of government that are oppressive and despotic; Americans can thank the Founding Fathers for protecting this country from becoming an authoritarian dictatorship. It is difficult to imagine many Americans agreeing to abandon democracy for another form of government, but there are a frightening number of citizens who hate America’s representative democracy with such passion that they are leaning heavily toward overthrowing the government and installing a fascist dictatorship. The group in question is not an extremist militia organization and they are not concealing their plans from plain view, and in fact, have begun the transition to fascism from within the conservative movement with full cooperation and assistance from establishment Republicans in Congress and state legislatures around the nation.
The idea that America’s democratic form of government could fall to an authoritarian regime began taking shape shortly after the election of Barack Obama, and after a little over four years of constant propaganda by Republican politicians incensed that their reign came to an end in 2009, almost half of Republicans believe “an armed revolution might be necessary to protect our liberties.” A recent poll reveals that it is worse than it seems because more Republicans believe armed revolution might be necessary to overthrow the legally elected government than believe is not required, and GOP politicians have been hard at work inciting their base and putting the brakes on democracy since January 2009.
On Tuesday, a Fairleigh Dickinson University poll revealed that despotism is rampant among the Republican rank and file who are following the lead of Republicans in Congress who have taken extraordinary steps to bring America’s democracy to a halt through not-so-devious machinations and with stunning impunity. In the Senate, for example, the inordinate use of the filibuster has given minority Republicans control of the upper legislative chamber, and around the nation Republican-controlled states are taking extraordinary steps to bring an end to free and fair elections for non-Republican voters. If Americans are foolish enough to believe the Republican’s use of armed revolution to install a permanent Republican government is predicated on the right to unrestricted firearm possession, democracy is already doomed and all that is left is ceding control of the government to the Koch brothers and their fascist regime.
Posted in 2012, 2012 Election, Abortion, American Family Association, Todd Akin, tagged 2012 election, abortion, American Family Association, Elections 2012, legitimate rape, Mitt Romney, Politics News, pregnant, Republicans, Todd Akin, women, Women's Health, women's rights on August 26, 2012| Leave a Comment »
by Dante Atkins
Sun Aug 26, 2012 at 06:00 AM PDT
Unless you’ve been spending the past week or so living under a rock—and given the political climate these days, it would be hard to blame you for doing so—you can’t have missed the fact that Republican Congressman and newly minted Senate nominee from Missouri, Todd Akin, went on a St. Louis television station and proceeded to stick his foot so far down his mouth that his toes tingled his duodenum.
Akin’s comments, which have led panicked Republicans to call for him to drop out of the race lest his misogynist toxicity metastasize to infect the Romney/Ryan ticket and Republicans across the nation, centered around two atrocities: first, the absurd idea that female reproductive anatomy can shut down in response to rape and somehow prevent conception; and second, the use of the term “legitimate rape” to describe the circumstances under which a woman’s magic ovaries would somehow initiate the aforementioned shutdown of reproductive capacity. Taken together, the comments as a whole were designed to justify Akin’s opposition to any exemptions for abortion, even in cases of rape or incest: After all, per Akin’s logic, if a woman gets raped, she won’t get pregnant; so if she’s pregnant, well, no exemption is required.
The biological aspect of Akin’s comments seems to have drawn more scorn and outright mockery: After all, how can someone pretend to take a leading role in legislating women’s bodies without even knowing the basics of how they work? The comments about “legitimate rape,” however, were a different story, as seemingly every Democratic candidate and committee in existence sent an email to their lists seeking to raise money and respond to Akin’s outrageous implication that some rapes are okay.
Posted in 2012, 2012 campaign, 2012 Election, Bain Capital, Mitt Romney, Offshore Investors, tagged 2012, 2012 election, Bain & Co, Bain Capital investors, Bain Capital's own offshore investment entities, banking secrecy, El Salvador, Election 2012, Elections 2012, international high finance, Massachusetts corporate filings, Mitt Romney, offshore investments, Offshore Investors, Politics News, powerful Salvadoran families, Republicans, rich Latin Americans, Romney's political career, Swiss money, wealthy foreigners on July 19, 2012| Leave a Comment »
Mitt Romney’s firm raised more than a third of its first investment fund from wealthy foreigners — who mostly used companies in Panama, then known for tax advantages and banking secrecy.
Los Angeles Times
By Joseph Tanfani, Melanie Mason and Matea Gold
July 19, 2012, 3:00 a.m.
WASHINGTON — When Mitt Romney launched Bain Capital in 1984, he struggled at first to raise enough money for the untested venture. Old-money families like the Rothschilds turned down the young Boston consultant.
So he and his partners tapped an eclectic roster of investors, raising more than
a third of their first $37-million investment fund from wealthy foreigners.
Most of the foreign investors’ money came through corporations registered in Panama, then known for tax advantages and unusual banking secrecy.
Previously unreported details, documented in Massachusetts corporate filings and other public records, show that Bain Capital was enmeshed in the largely opaque world of international high finance from its very inception.
The documents don’t indicate any wrongdoing, and experts say that such financial vehicles are common for wealthy foreign investors. But the new details come as President Obama has criticized Romney for profiting from Bain Capital’s own offshore investment entities, which are unavailable to most Americans.
The Romney campaign declined to comment on the specifics of Bain’s early investors. Romney has argued that his offshore investments are entirely proper, and that he has paid all the U.S. taxes that he owes. The offshore funds do provide tax advantages for foreign investors, allowing Bain to attract billions of dollars.
“The world of finance is not as simple as some would have you believe,” Romney said in an interview this week with National Review Online.
The first outside investor in Bain was a leading London financier, Sir Jack Lyons, who made a $2.5-million investment through a Panama shell company set up by a Swiss money manager, further shielding his identity. Years later, Lyons was convicted in an unrelated stock fraud
About $9 million came from rich Latin Americans, including powerful Salvadoran families living in Miami during their country’s brutal civil war.
That first investment fund — used to invest in start-up companies and leveraged buyouts — paid out a stunning 173% in average annual returns over a decade, according to a prospectus prepared by an outside bank. It was the start of the private equity powerhouse that ultimately fueled Romney’s political career. He now cites his experience at Bain as a chief qualification for the White House.
Romney faced unusual complications when he launched Bain Capital, a spinoff of Bain & Co., the Boston consulting firm he joined when he graduated from Harvard Business School.
At the time, U.S. officials were publicly accusing some exiles in Miami of funding right-wing death squads in El Salvador. Some family members of the first Bain Capital investors were later linked to groups responsible for killings, though no evidence indicates those relatives invested
in Bain or benefited from it.
Posted in 2012, 2012 campaign, 2012 Election, Bain Capital, Mitt Romney, SEC, tagged 2012, 2012 election, Bain Capital, Election 2012, Elections 2012, Mitt Romney, Mitt Romney 2012, Mitt Romney Bain, Mitt Romney Bain Capital, Politics News, Republicans, Romney Bain, Romney Bain Capital, SEC, Video, When Did Romney Leave Bain on July 12, 2012| 2 Comments »
Nine SEC filings submitted by four different business entities after February 1999 describe Romney as Bain boss.
Firm’s 2002 filings identify him as CEO, though he said he left in 1999
By Callum Borchers and Christopher Rowland | Globe Correspondent | Globe Staff July 12, 2012
Government documents filed by Mitt Romney and Bain Capital say Romney remained chief executive and chairman of the firm three years beyond the date he said he ceded control, even creating five new investment partnerships during that time.
Romney has said he left Bain in 1999 to lead the winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.”
Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings.
The timing of Romney’s departure from Bain is a key point of contention because he has said his resignation in February 1999 meant he was not responsible for Bain Capital companies that went bankrupt or laid off workers after that date.
Contradictions concerning the length of Romney’s tenure at Bain Capital add to the uncertainty and questions about his finances. Bain is the primary source of Romney’s wealth, which is estimated to be more than $25o million. But how his wealth has been invested, especially in a variety of Bain partnerships and other investment vehicles, remains difficult to decipher because of a lack of transparency.
The Obama campaign and other Democrats have raised questions about his unwillingness to release tax returns filed before 2010; his offshore assets, which include investment entities based in Bermuda and the Cayman Islands and a recently closed bank account in Switzerland; and a set of “blind trusts” that meet the Massachusetts standards for public officials but not the more rigorous bar set by the federal government.
Romney did not finalize a severance agreement with Bain until 2002, a 10-year deal with undisclosed terms that was retroactive to 1999. It expired in 2009.
Bain Capital and the campaign for the presumptive GOP nominee have suggested the SEC filings that show Romney as the man in charge during those additional three years have little meaning, and are the result of legal technicalities. The campaign declined to comment on the record. It pointed to a footnote in Romney’s most recent financial disclosure form, filed June 1 as a presidential candidate.
“Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way,’’ according to the footnote. Romney made the same assertion on a financial disclosure form in 2007, during his first run for president.
According to a statement issued by Bain Wednesday, “Mitt Romney retired from Bain Capital in February 1999. He has had no involvement in the management or investment activities of Bain Capital, or with any of its portfolio companies, since that time.”
Posted in 2012, 2012 campaign, 2012 Election, Bain Capital, Mitt Romney, tagged 2012, 2012 election, Bain Capital, Bain Capital's investments, Elections 2012, Mitt Romney, Politics News, Republicans, Romney campaign, The Washington Post, Washington Post on June 27, 2012| Leave a Comment »
By DYLAN BYERS|
6/27/12 3:33 PM EDT
“We are very confident in our reporting,” Washington Post spokesperson Kris Coratti told POLITICO following a meeting between the Post’s executive editor Marcus Brauchli and Mitt Romney campaign representatives, who had sought a retraction from the paper.
The Romney campaign would not discuss the meeting. “It was an off-the-record private meeting so I don’t have anything for you on that,” campaign press secretary Andrea Saul told POLITICO.
UPDATE: Here are the Romney campaign’s complaints against The Washington Post story.
Posted in 2012, 2012 campaign, 2012 Election, Barack Obama, Economy, Jobs, Mitt Romney, Obama, Obama 2012, President Barack Obama, President Obama, Rick Scott, tagged 2012, 2012 election, Barack Obama, Economy, Election 2012, Elections 2012, Florida Governor Rick Scott, Job Gains, Jobs, Mitt Romney, Politics News, President Barack Obama, President Obama, Republicans, Rick Scott on June 21, 2012| Leave a Comment »
By Michael C. Bender – Jun 21, 2012 1:46 PM MT
Mitt Romney’s presidential campaign asked Florida Governor Rick Scott to tone down his statements heralding improvements in the state’s economy because they clash with the presumptive Republican nominee’s message that the nation is suffering under President Barack Obama, according to two people familiar with the matter.
Scott, a Republican, was asked to say that the state’s jobless rate could improve faster under a Romney presidency, according to the people, who asked not to be named.
What’s unfolding in Florida highlights a dilemma for the Romney campaign: how to allow Republican governors to take credit for economic improvements in their states while faulting Obama’s stewardship of the national economy. Republican governors in Ohio, Virginia, Michigan and Wisconsin also have highlighted improving economies.
Scott should follow the advice of the Romney campaign and it won’t undermine his own message, said Mac Stipanovich, a political strategist and lobbyist in Florida.
“This is one of those situations where you could have it both ways and there’s enough truth in it that it would resonate,” Stipanovich said. “It would be better if everybody was singing from the same hymnal.”